Leaders
The companies at the top of the measures every stock page draws, recomputed each night from SEC filings. Names under $2B are left out.
The business
Return on the money a business uses, the Piotroski tests, and the cash conversion cycle
After-tax operating profit on every dollar of debt and equity in the business, cash included.
Piotroski's nine tests on the annual filings: profit, cash flow, leverage, liquidity, dilution, margins and turnover against the year before.
- 2VMCVulcan Materials Company$36.3B market value9 of 9
- 3STESTERIS plc$24.6B market value9 of 9
- 4PTCPTC Inc.$21.2B market value9 of 9
- 5WWDWoodward, Inc.$18.7B market value9 of 9
- 6BSYBentley Systems, Incorporated$13.5B market value9 of 9
- 7HQYHealthEquity, Inc.$8.6B market value9 of 9
- 8AWIArmstrong World Industries, Inc.$7.2B market value9 of 9
- 9FTDRFrontdoor, Inc.$6.7B market value9 of 9
- 10OTEXOpen Text Corporation$6.0B market value9 of 9
A negative cash conversion cycle: customers pay before the suppliers have to be paid.
- 2AZOAutoZonepays suppliers in 327 days, collects in 13314 days
- 3APPAppLovinpays suppliers in 410 days, collects in 121289 days
- 4UNHUnitedHealth Grouppays suppliers in 274 days, collects in 19232 days
- 5CRWVCoreWeave, Inc.pays suppliers in 408 days, collects in 225182 days
- 6YUMYum! Brandspays suppliers in 211 days, collects in 37173 days
- 7OMCOmnicom Grouppays suppliers in 477 days, collects in 304173 days
- 8ADSKAutodeskpays suppliers in 237 days, collects in 73164 days
- 9COTYCoty Inc.pays suppliers in 333 days, collects in 33160 days
- 10CARGCarGurus, Inc.pays suppliers in 162 days, collects in 17145 days
The longest cash conversion cycles: money spent on stock and on credit to customers long before it comes back.
- 2MGNIMagnite, Inc.inventory 0 days, receivables 666645 days
- 3BF-ABrown-Forman Corporationinventory 599 days, receivables 77626 days
- 4OLEDUniversal Display Corporationinventory 571 days, receivables 67583 days
- 5IBRXImmunityBio, Inc.inventory 441 days, receivables 137578 days
- 6TVTXTravere Therapeutics, Inc.inventory 1276 days, receivables 60461 days
- 7ACADACADIA Pharmaceuticals Inc.inventory 457 days, receivables 41453 days
- 8AXTIAXT, Inc.inventory 387 days, receivables 111436 days
- 9ADMAADMA Biologics, Inc.inventory 347 days, receivables 113422 days
- 10BMRNBioMarin Pharmaceutical Inc.inventory 661 days, receivables 103378 days
Growth
Three-year sales growth, research spending and dividend growth
Revenue compounded over the last three years, from the filings.
- 2TARSTarsus Pharmaceuticals, Inc.262% a year
- 3LQDALiquidia Corporation194% a year
- 4ARQTArcutis Biotherapeutics, Inc.118% a year
- 5ARGXargenx SE112% a year
- 6NVDANVIDIA Corporation110% a year
- 7CRDOCredo Technology Group Holding Ltd110% a year
- 8MUMicron Technology105% a year
- 9CDECoeur Mining, Inc.67% a year
- 10SITMSiTime Corporation61% a year
Research and development as a share of revenue: how much of every dollar goes back into what comes next.
- 2DDOGDatadog$1.5B in FY202545.2%
- 3SNOWSnowflake Inc.$2.0B in FY202642.0%
- 4REGNRegeneron Pharmaceuticals$5.9B in FY202540.8%
- 5ONCBeOne Medicines AG$2.1B in FY202540.2%
- 6ALABAstera Labs, Inc.$304M in FY202535.7%
- 7SNPSSynopsys, Inc.$2.5B in FY202535.1%
- 8VRTXVertex Pharmaceuticals$3.9B in FY202532.6%
- 9CRWDCrowdStrike$1.4B in FY202628.8%
- 10METAMeta Platforms$57.4B in FY202528.5%
The dividend per share compounded over five years, among companies that raised it at least six years running, so the five years never start from a cut or a restart.
- 2FIXComfort Systems USAraised every year since 201436% a year
- 3SFStifel Financial Corp.raised every year since 201733% a year
- 4DKSDICK'S Sporting Goods, Inc.raised every year since 201532% a year
- 5ODFLOld Dominionraised 6 years in a row30% a year
- 6NXSTNexstar Media Group, Inc.raised every year since 201427% a year
- 7MPWRMonolithic Power Systemsraised every year since 201726% a year
- 8TSCOTractor Supplyraised every year since 201425% a year
- 9NYTThe New York Times Companyraised 7 years in a row25% a year
- 10OCOwens Corningraised every year since 201424% a year
Money back and money in reserve
Real buybacks, the cash pile, and the pay handed out as shares
Cash spent buying back shares minus the shares handed out as pay: only what is left actually returns money to owners.
- 2NVDANVIDIA Corporation$40.1B bought back, $6.4B issued as pay, FY2026$33.7B
- 3JPMJPMorgan Chase$31.6B bought back, $3.6B issued as pay, FY2025$28.0B
- 4GOOGLAlphabet Inc.$45.7B bought back, $25.0B issued as pay, FY2025$20.8B
- 5VVisa Inc.$20.5B bought back, $928M issued as pay, FY2026$19.5B
- 6BACBank of America$21.4B bought back, $4.0B issued as pay, FY2025$17.4B
- 7MAMastercard$11.7B bought back, $597M issued as pay, FY2025$11.1B
- 8MSFTMicrosoft Corporation$22.3B bought back, $12.4B issued as pay, FY2026$9.9B
- 9HCAHCA Healthcare$10.1B bought back, $401M issued as pay, FY2025$9.7B
- 10ADBEAdobe Inc.$11.3B bought back, $1.9B issued as pay, FY2025$9.3B
Cash and short-term investments minus all debt, from the latest balance sheet.
Stock-based compensation as a share of revenue, the cost that adjusted earnings add back.
- 2MRNAModerna$483M in FY202524.9%
- 3TEAMAtlassian Corporation$1.6B in FY202624.4%
- 4CRWDCrowdStrike$1.1B in FY202622.8%
- 5DDOGDatadog$751M in FY202521.9%
- 6NETCloudflare, Inc.$451M in FY202520.8%
- 7ALABAstera Labs, Inc.$160M in FY202518.8%
- 8WDAYWorkday, Inc.$1.6B in FY202617.0%
- 9PANWPalo Alto Networks$1.8B in FY202615.4%
- 10NTRANatera, Inc.$354M in FY202515.4%
Insiders and funds
Insider purchases and the share held by the largest ETFs
Open-market purchases minus sales by directors, officers and 10% owners over twelve months, from their Form 4 filings.
- 2RIVNRivian Automotive, Inc.$993M
- 3WRBW. R. Berkley Corporation$705M
- 4JEFJefferies Financial Group Inc.$677M
- 5LENLennar1 buyer in the last 90 days$595M
- 6PBLSParabilis Medicines, Inc.$441M
- 7IMVTImmunovant, Inc.$333M
- 8MAIRMadison Air Solutions Corporation2 buyers in the last 90 days$220M
- 9KODKodiak Sciences Inc.1 buyer in the last 90 days$212M
- 10GPIGroup 1 Automotive, Inc.1 buyer in the last 90 days$211M
The share of a company's shares held inside the 300 largest US-listed ETFs, from the funds' own N-PORT filings.
- 2DXCDXC Technology Companyin 31 funds, the biggest stake iShares Core S&P Small-Cap ETF's32.5%
- 3DANDana Incorporatedin 30 funds, the biggest stake Avantis U.S. Small Cap Value ETF's31.9%
- 4SWKSSkyworks Solutionsin 58 funds, the biggest stake Vanguard Total Stock Market ETF's30.5%
- 5APAAPA Corporationin 58 funds, the biggest stake Vanguard Total Stock Market ETF's30.2%
- 6BHEBenchmark Electronics, Inc.in 31 funds, the biggest stake iShares Core S&P Small-Cap ETF's30.2%
- 7FULTFulton Financial Corporationin 32 funds, the biggest stake iShares Core S&P Small-Cap ETF's29.9%
- 8TRNTrinity Industries, Inc.in 30 funds, the biggest stake iShares Core S&P Small-Cap ETF's29.7%
- 9SKYWSkyWest, Inc.in 29 funds, the biggest stake iShares Core S&P Small-Cap ETF's29.1%
- 10CALMCal-Maine Foods, Inc.in 34 funds, the biggest stake iShares Core S&P Small-Cap ETF's29.1%
Each figure is the one its company page draws: return on capital and net cash from the latest statements, buybacks and stock pay from the latest annual report, the cash conversion cycle from the latest fiscal year’s receivables, inventory and payables, the Piotroski F-Score from the two latest 10-Ks, dividend growth from the dividends paid each year, insider buying from Form 4 filings, ETF ownership from the funds’ N-PORT filings. More ready-made lists live under Screens.