The highest return on invested capital
Return on invested capital
Ranked from the filings of the
companies this site has read, under
Quality.
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.
| # | Company | ROIC |
| 1 |
Gubra A/S
GUBRA.CO |
1,176.45% |
| 2 |
SMITHS NEWS PLC
SNWS.L |
1,084.93% |
| 3 |
McKESSON CORPORATION
MCK |
998.26% |
| 4 |
ROOT, INC.
ROOT |
909.03% |
| 5 |
LIQUIDITY SERVICES, INC
LQDT |
732.77% |
| 6 |
Docebo Inc.
DCBO |
702.24% |
| 7 |
Moelis & Co
MC |
697.20% |
| 8 |
Indivior Pharmaceuticals, Inc.
INDV |
583.49% |
| 9 |
Palantir Technologies Inc.
PLTR |
570.09% |
| 10 |
SCHRODERS PLC
PYXB.F |
569.39% |
| 11 |
NetApp, Inc.
NTAP |
520.65% |
| 12 |
RIGHTMOVE PLC
RMV.L |
504.54% |
| 13 |
FORVIA
FRVIA.PA |
501.49% |
| 14 |
H World Group Ltd
HTHT |
481.41% |
| 15 |
LIVE NATION ENTERTAINMENT, INC.
LYV |
466.59% |
| 16 |
EXTREME NETWORKS, INC.
EXTR |
456.49% |
| 17 |
Heritage Insurance Holdings, Inc.
HRTG |
452.50% |
| 18 |
KNOT Offshore Partners LP
KNOP |
429.91% |
| 19 |
PJT Partners Inc.
PJT |
409.20% |
| 20 |
Bitcoin Depot Inc.
BTMCQ |
395.17% |
| 21 |
Estoril-Sol, SGPS S.A.
ESON.LS |
393.13% |
| 22 |
AJ BELL PLC
AJB.L |
356.27% |
| 23 |
MOURY CONSTRUCT
MOUR.BR |
339.83% |
| 24 |
INTERCONTINENTAL HOTELS GROUP PLC
IC1H.DE |
288.54% |
| 25 |
Magnum Ice Cream Co N.V.
MICC |
268.87% |
| 26 |
The Magnum Ice Cream Company N.V.
MICC.L |
268.87% |
| 27 |
PLANISWARE
PLNW.PA |
262.99% |
| 28 |
ONTO INNOVATION INC.
ONTO |
262.52% |
| 29 |
JANEL CORPORATION
JANL |
250.22% |
| 30 |
Arista Networks, Inc.
ANET |
246.98% |
| 31 |
KAINOS GROUP PLC
KNOS.L |
245.11% |
| 32 |
VEOLIA ENVIRONNEMENT
VVD.DE |
241.36% |
| 33 |
Sunlands Technology Group
STG |
222.21% |
| 34 |
Cardinal Health, Inc.
CAH |
217.98% |
| 35 |
WSFS FINANCIAL CORPORATION
WSFS |
202.15% |
| 36 |
IMMSI S.P.A.
IMS.MI |
200.29% |
| 37 |
4IMPRINT GROUP PLC
FOUR.L |
199.49% |
| 38 |
CASEY'S GENERAL STORES, INC.
CASY |
198.80% |
| 39 |
DUNELM GROUP PLC
DNLM.L |
197.50% |
| 40 |
LA FRANCAISE DES JEUX
FDJ.VI |
193.67% |
| 41 |
CARIS LIFE SCIENCES, INC.
CAI |
192.05% |
| 42 |
AvePoint, Inc.
AVPT |
186.68% |
| 43 |
UP FINTECH HOLDING LIMITED
TIGR |
177.36% |
| 44 |
ATHENE HOLDING LTD
ATHS |
176.62% |
| 45 |
HCI Group, Inc.
HCI |
175.87% |
| 46 |
OPORTUN FINANCIAL CORPORATION
OPRT |
174.93% |
| 47 |
Vaxart, Inc.
VXRT |
170.12% |
| 48 |
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CHKP |
167.11% |
| 49 |
HUUUGE, INC.
HUG.WA |
165.03% |
| 50 |
CAREDX, INC.
CDNA |
164.40% |
How this measure is worked out
Operating income × (1 − 21% tax) ÷ (debt + equity − cash) × 100
What the company earns on the money invested in it. Invested capital is what lenders and shareholders have put in, less the cash sitting idle. Tax is applied at a flat 21% so that companies with different tax positions stay comparable.
EBIT after tax over debt plus equity minus cash; 60% earns a 10
More about ROIC, 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 2026-09-27.
Every other measure ranked ·
All 64 measures explained