The lowest segment spread

Segment spread: concentration of revenue across reported segments

Ranked from the filings of the companies this site has read, under . 50 of them report a figure for this; the rest are absent rather than ranked last, because a filing that does not carry a number is not a company that scores badly on it.

#CompanySegment HHI
1 AGNICO EAGLE MINES LIMITED AEM 0.13HHI
2 NEWMONT CORPORATION NEM 0.13HHI
3 ILLINOIS TOOL WORKS INC ITW 0.13HHI
4 ON SEMICONDUCTOR CORPORATION ON 0.15HHI
5 EMERSON ELECTRIC CO. EMR 0.20HHI
6 BARRICK MINING CORP B 0.22HHI
7 CF INDUSTRIES HOLDINGS, INC. CF 0.22HHI
8 PepsiCo, Inc. PEP 0.23HHI
9 PROCTER & GAMBLE CO PG 0.24HHI
10 Steel Dynamics, Inc. STLD 0.25HHI
11 COCA COLA CO KO 0.26HHI
12 BROOKFIELD ASSET MANAGEMENT LTD. BAM 0.27HHI
13 Kyndryl Holdings, Inc. KD 0.27HHI
14 Brunswick Corporation BC 0.27HHI
15 ASHLAND INC. ASH 0.27HHI
16 COMCAST CORPORATION CMCSA 0.27HHI
17 FIRST MAJESTIC SILVER CORP. AG 0.28HHI
18 WASTE MANAGEMENT INC WM 0.28HHI
19 INTEL CORP INTC 0.28HHI
20 Apple Inc. AAPL 0.29HHI
21 DEERE FUNDING CANADA Corp DE 0.30HHI
22 LOCKHEED MARTIN CORPORATION LMT 0.30HHI
23 ASE Technology Holding Co., Ltd. ASX 0.30HHI
24 WELLS FARGO & COMPANY/MN WFC 0.30HHI
25 Medtronic plc MDT 0.30HHI
26 Linde plc LIN 0.30HHI
27 ALBANY INTERNATIONAL CORP. AIN 0.31HHI
28 STMicroelectronics N.V. STM 0.31HHI
29 Philip Morris International Inc. PM 0.32HHI
30 ArcelorMittal MT 0.32HHI
31 BRINK’S CO BCO 0.33HHI
32 Analog Devices, Inc. ADI 0.33HHI
33 MCGRAW HILL, INC. MH 0.33HHI
34 CENTERPOINT ENERGY INC CNP 0.33HHI
35 Textron Inc. TXT 0.34HHI
36 PPL Corp PPL 0.34HHI
37 BECTON, DICKINSON AND COMPANY BDX 0.34HHI
38 Genpact Limited G 0.34HHI
39 SOUTHERN CO SO 0.34HHI
40 J.B. HUNT TRANSPORT SERVICES, INC. JBHT 0.34HHI
41 NORTHROP GRUMMAN CORP /DE/ NOC 0.34HHI
42 BRANDYWINE REALTY TRUST BDN 0.34HHI
43 American Electric Power Company, Inc. AEP 0.34HHI
44 FRANKLIN COVEY CO. FC 0.35HHI
45 CURTISS-WRIGHT CORPORATION CW 0.35HHI
46 ADVANCED MICRO DEVICES INC AMD 0.35HHI
47 ACCELERANT HOLDINGS ARX 0.35HHI
48 Carlyle Group Inc. CG 0.35HHI
49 AMPHENOL CORPORATION APH 0.35HHI
50 ALAMOS GOLD INC. AGI 0.35HHI

How this measure is worked out

Sum of each reported segment's squared share of revenue (Herfindahl index)

A concentration measure: one segment gives 1.0, five equal segments 0.2. Low means revenue is spread out. It counts the segments a filer chooses to report, so a miner reporting sixteen mines still sells one commodity.

one segment earns a 1, five equal ones a 10. The nearest thing filings offer to customer concentration — but it counts the segments a filer chooses to report, and a miner reporting sixteen mines still sells one commodity

More about Segment HHI, and the XBRL tags behind it

What this ranking is not

It is not advice, and a high place is not a recommendation. A company can lead on one measure and fail on every other; that is the reason this site scores five dimensions rather than one and lets you weigh them yourself.

It also ranks only what has been read. A company whose filings are not in this database cannot appear here however well it would have done, and a company whose filing does not tag this figure is absent rather than last.

Worked out on 2026-08-24.

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