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.

227 companies meet this test

Figures as of October 1, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1FTNTFORTINET, INC.A+75.1%28.2%$129.1B
2NVDANVIDIA CORPA+69.6%63.7%$5.48T
3SNDKSandisk CorporationA+68.3%56.5%$253.2B
4UIUBIQUITI INC.A+63.3%29.3%$34B
5AAPLApple Inc.A+61.6%27.6%$4.81T
6STXSeagate Technology Holdings plcA+58.2%26.1%$207B
7MANHManhattan Associates, Inc.A+56.7%18.7%$11.7B
8LRCXLAM RESEARCH CORPORATIONB+43.5%31.3%$405.4B
9WDCWESTERN DIGITAL CORPORATIONA+42.1%72.9%$163.5B
10PGYPagaya Technologies Ltd.A+40.5%9.1%$1.7B
11ASMLASML HOLDING NVA+39.6%30.1%$706.4B
12ADBEADOBE INC.A+39.1%28.0%$90.7B
13NTAPNetApp, Inc.B+32.5%19.2%$41.1B
14INODINNODATA INCA+29.8%14.7%$2.3B
15LOGILOGITECH INTERNATIONAL S.A.A+29.5%16.3%$14.4B
16QLYSQualys, Inc.A+29.3%29.4%$6.2B
17CLSCELESTICA INCA28.7%7.2%$42.1B
18DLODLocal LimitedA+28.6%15.8%$4B
19TSMTaiwan Semiconductor Manufacturing Company LimitedA+28.5%57.9%$2.37T
20INFYINFOSYS LIMITEDA+28.0%16.4%$43.2B
21ITRNIturan Location & Control Ltd.A+27.6%17.8%$1B
22ANETArista Networks, Inc.A+26.2%38.4%$255.8B
23KAROKAROOOOO LTD.B+26.1%18.1%$1.9B
24PEGAPEGASYSTEMS INC.B+24.1%18.7%$5.4B
25NXTNextpower Inc.A+24.0%16.4%$12.3B

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.