Rankings · Quality

Highest return on capital

Graded A or B, ranked by operating profit as a share of the equity and debt the business runs on. Banks, insurers and companies with negative equity are left out, where the measure means nothing.

195 companies meet this test

Figures as of September 30, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1GEGENERAL ELECTRIC COA+49.2%17.7%$329.9B
2BLBDBLUE BIRD CORPORATIONB+41.1%17.5%$1.8B
3PSIXPOWER SOLUTIONS INTERNATIONAL, INC.B+36.7%10.0%$1.1B
4FERFerrovial SEB+33.7%9.2%$39.3B
5PACPacific Airport GroupA+33.6%23.1%$10.6B
6IESCIES Holdings, Inc.A+32.3%11.5%$6.5B
7EMEEMCOR Group, Inc.B31.5%7.7%$33.6B
8FASTFASTENAL COA+29.2%15.5%$57.3B
9GWWW.W. Grainger, Inc.A28.4%9.9%$58.8B
10LIILENNOX INTERNATIONAL INCA+28.0%15.1%$12.5B
11TRITHOMSON REUTERS CORPORATIONA+26.7%21.2%$43.3B
12RELXRELX PLCA+26.7%24.6%$60.5B
13POWLPowell Industries, Inc.A+26.6%16.5%$6.9B
14CTASCintas CorporationA+26.5%17.8%$79.1B
15AOSA. O. Smith CorporationB+26.4%13.1%$8B
16ITWILLINOIS TOOL WORKS INCA+26.4%19.4%$76.1B
17AGXARGAN INCA+25.5%15.1%$5.3B
18OMABCentral North Airport GroupA+25.3%33.5%$4.8B
19AWIARMSTRONG WORLD INDUSTRIES, INC.A+23.9%18.6%$6.9B
20ODFLOLD DOMINION FREIGHT LINE, INC.B+23.3%19.4%$36.8B
21LMTLOCKHEED MARTIN CORPORATIONA22.9%8.2%$118.2B
22TTTRANE TECHNOLOGIES PLCA+22.8%13.3%$100.2B
23STRLSTERLING INFRASTRUCTURE, INC.A+22.6%12.5%$15.4B
24LTMLATAM Airlines Group S.A.A+22.5%11.0%$14.6B
25ULSUL Solutions Inc.A+21.5%16.1%$13.2B

More rankings

A ranking orders companies by one stated measure. It is not a recommendation, and it says nothing about whether any share price is reasonable.