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.

59 companies meet this test

Figures as of October 1, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1KGCKINROSS GOLD CORPA+28.3%45.1%$29.2B
2HMYHARMONY GOLD MINING COMPANY LIMITEDA+27.5%19.5%$11.4B
3SCCOSOUTHERN COPPER CORP/A+26.4%36.0%$169B
4WDFCWD-40 COMPANYB+25.3%13.2%$2.7B
5DRDDRDGOLD LIMITEDA+24.0%28.5%$2.1B
6USLMUNITED STATES LIME & MINERALS INCB+19.5%35.7%$3.2B
7AGIALAMOS GOLD INC.A+19.1%49.0%$13.9B
8CDECOEUR MINING, INC.A+18.7%26.8%$18.4B
9IAGIAMGOLD CorporationA+18.3%31.4%$11B
10SHWTHE SHERWIN-WILLIAMS COMPANYA+18.2%11.0%$80.2B

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.