Return on Equity Rankings: Most Efficient S&P 500 Compani...
Sector Averages
Comparing average Return on Equity across different GICS sectors. Technology and Consumer Discretionary typically lead, while Capital Intensive sectors like Utilities and Real Estate run lower.
Consumer Defensive
Industrials
Technology
Consumer Cyclical
Communication Services
Healthcare
Financial Services
Energy
Utilities
Real Estate
Basic Materials
Top 150 Performers by ROE
Companies are ranked by their Return on Equity. Extremely high percentages (>500%) are often the result of aggressive share buybacks reducing total shareholder equity to near zero.
| Rank | Company | Sector | ROE | Net Income (TTM) | Shareholder Equity | Market Cap | P/E Ratio |
|---|---|---|---|---|---|---|---|
| 1 | Masco Corporation MAS | Industrials | 7,150.0% | $810.0M | $11.3M | $12.7B | 16.2 |
| 2 | AbbVie Inc. ABBV | Healthcare | 6,225.0% | $4.2B | $67.2M | $400.7B | 95.6 |
| 3 | Clorox Company (The) CLX | Consumer Defensive | 987.2% | $755.0M | $76.5M | $13.7B | 18.3 |
| 4 | Colgate-Palmolive Company CL | Consumer Defensive | 497.5% | $2.1B | $428.6M | $74.6B | 35.4 |
| 5 | Verisk Analytics, Inc. VRSK | Industrials | 437.9% | $908.3M | $207.4M | $29.6B | 32.7 |
| 6 | Boeing Company (The) BA | Industrials | 290.1% | $1.9B | $651.2M | $176.3B | 90.9 |
| 7 | Applovin Corporation APP | Communication Services | 212.9% | $3.4B | $1.6B | $171.5B | 50.5 |
| 8 | Mastercard Incorporated MA | Financial Services | 209.9% | $15.0B | $7.1B | $459.3B | 31.2 |
| 9 | GoDaddy Inc. GDDY | Technology | 192.9% | $875.0M | $453.6M | $12.5B | 14.9 |
| 10 | Apple Inc. AAPL | Technology | 152.0% | $117.8B | $77.5B | $3.8T | 32.6 |
| 11 | Home Depot, Inc. (The) HD | Consumer Cyclical | 145.5% | $14.2B | $9.7B | $346.5B | 24.4 |
| 12 | Fortinet, Inc. FTNT | Technology | 135.7% | $1.9B | $1.4B | $62.3B | 34.6 |
| 13 | Cencora, Inc. COR | Healthcare | 133.5% | $1.6B | $1.2B | $69.7B | 43.1 |
| 14 | Kimberly-Clark Corporation KMB | Consumer Defensive | 126.6% | $1.6B | $1.3B | $34.2B | 21.2 |
| 15 | NetApp, Inc. NTAP | Technology | 112.6% | $1.2B | $1.1B | $19.5B | 16.5 |
| 16 | Amgen Inc. AMGN | Healthcare | 106.1% | $7.7B | $7.3B | $201.6B | 26.3 |
| 17 | Motorola Solutions, Inc. MSI | Technology | 104.2% | $2.2B | $2.1B | $76.3B | 35.9 |
| 18 | Simon Property Group, Inc. SPG | Real Estate | 104.1% | $4.6B | $4.4B | $61.4B | 13.3 |
| 19 | NVIDIA Corporation NVDA | Technology | 101.5% | $120.1B | $118.3B | $4.4T | 36.7 |
| 20 | Eli Lilly and Company LLY | Healthcare | 101.2% | $20.6B | $20.4B | $894.3B | 43.5 |
| 21 | KLA Corporation KLAC | Technology | 100.7% | $4.6B | $4.5B | $183.1B | 40.6 |
| 22 | Illinois Tool Works Inc. ITW | Industrials | 93.7% | $3.1B | $3.3B | $78.6B | 26.0 |
| 23 | Gartner, Inc. IT | Technology | 86.9% | $729.2M | $839.5M | $12.0B | 17.3 |
| 24 | Sysco Corporation SYY | Consumer Defensive | 82.3% | $1.8B | $2.2B | $40.1B | 22.6 |
| 25 | Lockheed Martin Corporation LMT | Industrials | 76.9% | $5.0B | $6.5B | $156.0B | 31.4 |
| 26 | Lennox International, Inc. LII | Industrials | 75.8% | $805.8M | $1.1B | $17.7B | 22.2 |
| 27 | 3M Company MMM | Industrials | 75.5% | $3.2B | $4.3B | $78.5B | 24.8 |
| 28 | Automatic Data Processing, Inc. ADP | Technology | 73.8% | $4.2B | $5.7B | $90.4B | 21.5 |
| 29 | Las Vegas Sands Corp. LVS | Consumer Cyclical | 73.3% | $1.6B | $2.2B | $35.9B | 22.6 |
| 30 | Oracle Corporation ORCL | Technology | 69.0% | $15.4B | $22.3B | $431.5B | 28.2 |
| 31 | Carvana Co. CVNA | Consumer Cyclical | 67.9% | $1.4B | $2.1B | $67.9B | 36.7 |
| 32 | IDEXX Laboratories, Inc. IDXX | Healthcare | 66.2% | $1.1B | $1.6B | $48.1B | 46.1 |
| 33 | Zoetis Inc. ZTS | Healthcare | 66.0% | $2.7B | $4.1B | $52.8B | 19.9 |
| 34 | Lam Research Corporation LRCX | Technology | 65.6% | $6.2B | $9.5B | $257.5B | 42.2 |
| 35 | DaVita Inc. DVA | Healthcare | 64.8% | $721.8M | $1.1B | $10.2B | 16.0 |
| 36 | Moody's Corporation MCO | Financial Services | 62.1% | $2.5B | $4.0B | $81.3B | 33.5 |
| 37 | Ameriprise Financial, Inc. AMP | Financial Services | 60.5% | $3.6B | $5.9B | $42.1B | 12.5 |
| 38 | Sherwin-Williams Company (The) SHW | Basic Materials | 59.4% | $2.6B | $4.3B | $80.3B | 31.6 |
| 39 | TJX Companies, Inc. (The) TJX | Consumer Cyclical | 59.1% | $5.5B | $9.3B | $175.3B | 32.3 |
| 40 | Williams-Sonoma, Inc. WSM | Consumer Cyclical | 56.9% | $1.1B | $2.0B | $21.7B | 20.1 |
| 41 | Adobe Inc. ADBE | Technology | 55.4% | $7.1B | $12.9B | $117.9B | 16.9 |
| 42 | Tapestry, Inc. TPR | Consumer Cyclical | 55.3% | $522.3M | $943.9M | $29.0B | 55.0 |
| 43 | Darden Restaurants, Inc. DRI | Consumer Cyclical | 54.1% | $1.1B | $2.1B | $22.9B | 20.6 |
| 44 | Visa Inc. V | Financial Services | 54.0% | $20.6B | $38.2B | $605.3B | 29.5 |
| 45 | Targa Resources, Inc. TRGP | Energy | 51.4% | $1.8B | $3.6B | $50.7B | 27.8 |
| 46 | Comfort Systems USA, Inc. FIX | Industrials | 49.2% | $1.0B | $2.1B | $46.8B | 45.9 |
| 47 | Expedia Group, Inc. EXPE | Consumer Cyclical | 48.7% | $1.3B | $2.7B | $29.1B | 24.2 |
| 48 | Ulta Beauty, Inc. ULTA | Consumer Cyclical | 48.0% | $1.2B | $2.5B | $28.2B | 24.1 |
| 49 | Jabil Inc. JBL | Technology | 47.8% | $703.0M | $1.5B | $25.6B | 37.5 |
| 50 | Royal Caribbean Cruises Ltd. RCL | Consumer Cyclical | 47.7% | $4.3B | $8.9B | $75.3B | 17.7 |
| 51 | Chipotle Mexican Grill, Inc. CMG | Consumer Cyclical | 47.4% | $1.5B | $3.2B | $45.6B | 30.3 |
| 52 | Aon plc AON | Financial Services | 46.9% | $3.7B | $7.9B | $72.1B | 19.7 |
| 53 | W.W. Grainger, Inc. GWW | Industrials | 46.1% | $1.7B | $3.7B | $52.2B | 31.0 |
| 54 | Tractor Supply Company TSCO | Consumer Cyclical | 45.2% | $1.1B | $2.4B | $26.4B | 24.4 |
| 55 | GE Aerospace GE | Industrials | 44.7% | $8.6B | $19.2B | $334.0B | 39.3 |
| 56 | Caterpillar, Inc. CAT | Industrials | 43.5% | $8.9B | $20.4B | $323.5B | 36.8 |
| 57 | Cintas Corporation CTAS | Industrials | 43.4% | $1.9B | $4.4B | $80.5B | 43.4 |
| 58 | Coca-Cola Company (The) KO | Consumer Defensive | 43.3% | $13.1B | $30.3B | $333.0B | 25.5 |
| 59 | CDW Corporation CDW | Technology | 43.0% | $1.1B | $2.5B | $15.6B | 14.8 |
| 60 | Pepsico, Inc. PEP | Consumer Defensive | 42.8% | $8.2B | $19.2B | $219.7B | 26.8 |
| 61 | Netflix, Inc. NFLX | Communication Services | 42.8% | $11.0B | $25.7B | $414.0B | 38.6 |
| 62 | GE Vernova Inc. GEV | Industrials | 42.6% | $4.9B | $11.5B | $222.8B | 46.5 |
| 63 | Broadridge Financial Solutions, BR | Technology | 41.8% | $1.1B | $2.6B | $22.1B | 21.0 |
| 64 | NRG Energy, Inc. NRG | Utilities | 41.5% | $797.0M | $1.9B | $32.6B | 37.9 |
| 65 | Western Digital Corporation WDC | Technology | 41.1% | $3.9B | $9.6B | $88.2B | 24.4 |
| 66 | lululemon athletica inc. LULU | Consumer Cyclical | 41.0% | $1.7B | $4.2B | $20.0B | 11.7 |
| 67 | Paychex, Inc. PAYX | Technology | 40.9% | $1.6B | $3.9B | $35.3B | 22.2 |
| 68 | eBay Inc. EBAY | Consumer Cyclical | 40.8% | $2.0B | $4.9B | $41.7B | 21.6 |
| 69 | Gilead Sciences, Inc. GILD | Healthcare | 40.7% | $8.5B | $20.9B | $179.9B | 21.4 |
| 70 | Progressive Corporation (The) PGR | Financial Services | 40.4% | $11.3B | $28.0B | $120.4B | 10.7 |
| 71 | Bristol-Myers Squibb Company BMY | Healthcare | 40.4% | $7.1B | $17.4B | $122.4B | 17.4 |
| 72 | Union Pacific Corporation UNP | Industrials | 40.4% | $7.1B | $17.7B | $148.8B | 20.9 |
| 73 | Uber Technologies, Inc. UBER | Technology | 39.9% | $10.1B | $25.2B | $153.1B | 15.6 |
| 74 | Deckers Outdoor Corporation DECK | Consumer Cyclical | 39.7% | $1.0B | $2.6B | $14.9B | 14.5 |
| 75 | Autodesk, Inc. ADSK | Technology | 39.7% | $1.1B | $2.8B | $55.2B | 49.8 |
| 76 | Allstate Corporation (The) ALL | Financial Services | 39.5% | $10.2B | $25.7B | $53.8B | 5.4 |
| 77 | Rollins, Inc. ROL | Consumer Cyclical | 38.9% | $526.7M | $1.4B | $27.7B | 52.9 |
| 78 | Applied Materials, Inc. AMAT | Technology | 38.9% | $7.8B | $20.2B | $261.1B | 33.8 |
| 79 | Solventum Corporation SOLV | Healthcare | 38.9% | $1.6B | $4.0B | $11.8B | 7.6 |
| 80 | EMCOR Group, Inc. EME | Industrials | 38.5% | $1.3B | $3.3B | $31.5B | 25.0 |
| 81 | Texas Pacific Land Corporation TPL | Energy | 37.2% | $481.4M | $1.3B | $37.3B | 77.5 |
| 82 | Best Buy Co., Inc. BBY | Consumer Cyclical | 37.0% | $1.1B | $2.9B | $13.6B | 21.3 |
| 83 | Trane Technologies plc TT | Industrials | 37.0% | $3.0B | $8.0B | $93.2B | 31.9 |
| 84 | Merck & Company, Inc. MRK | Healthcare | 36.9% | $18.3B | $49.5B | $287.0B | 15.9 |
| 85 | Amphenol Corporation APH | Technology | 36.9% | $4.3B | $11.6B | $165.2B | 40.2 |
| 86 | Live Nation Entertainment, Inc. LYV | Communication Services | 36.7% | -$54.8M | -$149.4M | $38.8B | 72.7 |
| 87 | Ross Stores, Inc. ROST | Consumer Cyclical | 36.7% | $2.1B | $5.8B | $68.0B | 32.7 |
| 88 | Veralto Corp VLTO | Industrials | 36.5% | $940.0M | $2.6B | $23.1B | 24.8 |
| 89 | Allegion plc ALLE | Industrials | 36.1% | $643.8M | $1.8B | $12.8B | 20.0 |
| 90 | Alphabet Inc. GOOGL | Communication Services | 35.7% | $132.2B | $370.2B | $3.6T | 27.9 |
| 91 | Alphabet Inc. GOOG | Communication Services | 35.7% | $132.2B | $370.2B | $3.6T | 27.9 |
| 92 | Expeditors International of Was EXPD | Industrials | 35.4% | $810.3M | $2.3B | $19.3B | 24.2 |
| 93 | International Business Machines IBM | Technology | 35.2% | $10.6B | $30.1B | $238.4B | 22.8 |
| 94 | Johnson & Johnson JNJ | Healthcare | 35.0% | $26.8B | $76.5B | $584.5B | 22.0 |
| 95 | DexCom, Inc. DXCM | Healthcare | 34.5% | $836.3M | $2.4B | $26.4B | 32.4 |
| 96 | Microsoft Corporation MSFT | Technology | 34.4% | $119.3B | $346.8B | $3.0T | 25.4 |
| 97 | American Express Company AXP | Financial Services | 34.0% | $10.7B | $31.5B | $205.9B | 19.4 |
| 98 | Ralph Lauren Corporation RL | Consumer Cyclical | 33.8% | $918.5M | $2.7B | $20.6B | 23.2 |
| 99 | United Parcel Service, Inc. UPS | Industrials | 33.8% | $5.6B | $16.5B | $83.3B | 15.0 |
| 100 | Broadcom Inc. AVGO | Technology | 33.4% | $25.0B | $74.8B | $1.6T | 72.8 |
| 101 | Fastenal Company FAST | Industrials | 33.3% | $1.3B | $3.8B | $53.4B | 42.6 |
| 102 | NVR, Inc. NVR | Consumer Cyclical | 33.2% | $1.3B | $4.0B | $19.2B | 15.5 |
| 103 | Pool Corporation POOL | Industrials | 33.1% | $404.4M | $1.2B | $7.7B | 19.1 |
| 104 | C.H. Robinson Worldwide, Inc. CHRW | Industrials | 32.9% | $587.1M | $1.8B | $21.1B | 36.9 |
| 105 | Procter & Gamble Company (The) PG | Consumer Defensive | 31.6% | $16.2B | $51.2B | $363.2B | 23.0 |
| 106 | Arista Networks, Inc. ANET | Technology | 31.4% | $3.5B | $11.2B | $170.2B | 49.1 |
| 107 | Leidos Holdings, Inc. LDOS | Technology | 31.0% | $1.4B | $4.7B | $22.7B | 16.0 |
| 108 | Howmet Aerospace Inc. HWM | Industrials | 30.4% | $1.5B | $4.9B | $100.7B | 67.6 |
| 109 | Meta Platforms, Inc. META | Communication Services | 30.2% | $60.5B | $199.9B | $1.6T | 27.1 |
| 110 | Airbnb, Inc. ABNB | Consumer Cyclical | 30.2% | $2.5B | $8.3B | $78.8B | 32.7 |
| 111 | Avery Dennison Corporation AVY | Consumer Cyclical | 30.2% | $688.0M | $2.3B | $13.5B | 20.1 |
| 112 | Texas Instruments Incorporated TXN | Technology | 30.1% | $5.0B | $16.5B | $175.4B | 35.4 |
| 113 | Incyte Corporation INCY | Healthcare | 29.9% | $1.3B | $4.3B | $19.1B | 15.0 |
| 114 | Waste Management, Inc. WM | Industrials | 29.7% | $2.7B | $9.1B | $99.9B | 37.0 |
| 115 | Costco Wholesale Corporation COST | Consumer Defensive | 29.7% | $8.5B | $28.8B | $445.2B | 53.7 |
| 116 | Marsh MRSH | Financial Services | 29.4% | $4.2B | $14.2B | $88.2B | 21.4 |
| 117 | Waters Corporation WAT | Healthcare | 29.3% | $642.6M | $2.2B | $29.6B | 28.0 |
| 118 | Blackstone Inc. BX | Financial Services | 29.2% | $3.0B | $10.3B | $134.8B | 28.3 |
| 119 | A.O. Smith Corporation AOS | Industrials | 29.2% | $546.2M | $1.9B | $9.6B | 18.1 |
| 120 | Corpay, Inc. CPAY | Technology | 29.1% | $1.1B | $3.7B | $22.7B | 21.6 |
| 121 | FactSet Research Systems Inc. FDS | Financial Services | 28.8% | $599.6M | $2.1B | $8.3B | 14.2 |
| 122 | Charter Communications, Inc. CHTR | Communication Services | 28.7% | $5.0B | $17.4B | $29.3B | 6.3 |
| 123 | United Rentals, Inc. URI | Industrials | 28.4% | $2.5B | $8.8B | $51.5B | 20.9 |
| 124 | Delta Air Lines, Inc. DAL | Industrials | 27.7% | $5.0B | $18.1B | $38.3B | 7.7 |
| 125 | Paycom Software, Inc. PAYC | Technology | 27.4% | $453.4M | $1.7B | $7.5B | 16.9 |
| 126 | General Mills, Inc. GIS | Consumer Defensive | 27.2% | $2.5B | $9.3B | $23.3B | 9.4 |
| 127 | Gen Digital Inc. GEN | Technology | 26.9% | $603.0M | $2.2B | $13.9B | 23.2 |
| 128 | Monster Beverage Corporation MNST | Consumer Defensive | 26.8% | $1.9B | $7.1B | $72.7B | 38.3 |
| 129 | American Tower Corporation (REI AMT | Real Estate | 26.3% | $2.5B | $9.6B | $87.3B | 34.6 |
| 130 | Erie Indemnity Company ERIE | Financial Services | 26.2% | $559.3M | $2.1B | $13.1B | 23.5 |
| 131 | Northrop Grumman Corporation NOC | Industrials | 26.2% | $4.2B | $16.0B | $107.9B | 26.0 |
| 132 | Honeywell International Inc. HON | Industrials | 26.1% | $4.4B | $16.9B | $158.3B | 31.0 |
| 133 | Palantir Technologies Inc. PLTR | Technology | 26.0% | $1.6B | $6.3B | $369.0B | 244.9 |
| 134 | Parker-Hannifin Corporation PH | Industrials | 25.8% | $3.5B | $13.7B | $115.2B | 33.3 |
| 135 | PayPal Holdings, Inc. PYPL | Financial Services | 25.7% | $5.2B | $20.3B | $43.0B | 8.5 |
| 136 | ResMed Inc. RMD | Healthcare | 25.7% | $1.5B | $5.8B | $36.8B | 24.9 |
| 137 | Carnival Corporation CCL | Consumer Cyclical | 25.6% | $2.8B | $10.8B | $34.8B | 12.4 |
| 138 | APA Corporation APA | Energy | 25.3% | $1.4B | $5.7B | $11.9B | 7.9 |
| 139 | Accenture plc ACN | Technology | 25.0% | $7.6B | $30.4B | $129.6B | 17.3 |
| 140 | Hubbell Inc HUBB | Industrials | 24.5% | $885.6M | $3.6B | $25.3B | 28.8 |
| 141 | Jack Henry & Associates, Inc. JKHY | Technology | 24.3% | $507.4M | $2.1B | $12.3B | 24.4 |
| 142 | Marathon Petroleum Corporation MPC | Energy | 24.2% | $4.0B | $16.7B | $65.1B | 16.4 |
| 143 | Edison International EIX | Utilities | 24.1% | $4.5B | $18.5B | $26.8B | 6.0 |
| 144 | Target Corporation TGT | Consumer Defensive | 24.0% | $3.7B | $15.4B | $53.6B | 14.3 |
| 145 | United Airlines Holdings, Inc. UAL | Industrials | 24.0% | $3.4B | $14.0B | $29.2B | 8.8 |
| 146 | Old Dominion Freight Line, Inc. ODFL | Industrials | 23.9% | $1.0B | $4.3B | $39.7B | 39.2 |
| 147 | Cummins Inc. CMI | Industrials | 23.9% | $2.8B | $11.9B | $74.4B | 26.3 |
| 148 | Cisco Systems, Inc. CSCO | Technology | 23.8% | $11.1B | $46.6B | $301.5B | 27.4 |
| 149 | Rockwell Automation, Inc. ROK | Industrials | 23.7% | $988.0M | $4.2B | $41.4B | 42.0 |
| 150 | Interactive Brokers Group, Inc. IBKR | Financial Services | 23.5% | $984.0M | $4.2B | $110.7B | 29.3 |
Frequently Asked Questions
What is Return on Equity (ROE)?
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity. Because shareholders' equity is equal to a company's assets minus its debt, ROE is considered the return on net assets.
What is considered a "good" ROE?
A good ROE depends on the industry average. Generally, an ROE of 15-20% is considered excellent. Ratios across sectors vary greatly, making it more useful to compare a company's ROE to its industry peers rather than the broader market.
Why do some companies have extremely high ROE (e.g., >500%)?
Extremely high ROE figures are often artificially inflated by negative or near-zero shareholder equity. This frequently happens when a company aggressively buys back its own stock, which reduces shareholder equity on the balance sheet. In these cases, ROE becomes less meaningful as a performance metric.
Can a company have a negative ROE?
Yes, if a company has negative net income (i.e., it's losing money), its ROE will be negative. This indicates that the company is destroying shareholder value rather than creating it.
Methodology & Data
Data was collected for 470 S&P 500 components as of 2026. The analysis excludes companies where net income or market capitalization data was entirely unavailable.
- Return on Equity (ROE): Calculated as Trailing Twelve Months (TTM) Net Income divided by Total Shareholders' Equity.
- Shareholder Equity: Calculated implicitly from ROE and Net Income, or retrieved directly from recent balance sheets.
- Sector Averages: Calculated by taking the mean ROE of all analyzed companies within a given sector, excluding extreme outliers (>1000% or <-1000%).
Disclaimer: This site provides data and analysis for informational purposes only. Nothing here constitutes investment advice. Do your own research.