Most cash over debt

Cash and short-term investments minus all debt, from the latest balance sheet.

The top 50 US-listed companies above $2B, recomputed each night from SEC filings.

Technology takes 4 of the top ten places. Alphabet Inc. leads at $139.0B, and the middle of the list sits at $2.6B (Accenture).

The study: Where the cash went: capex, dividends and buybacks across 1,173 companies.

The wider list: every stock with no net debt.

  1. #1Communication ServicesGOOGLAlphabet Inc.$139.0B
  2. #2TechnologyMUMicron Technology$38.3B
  3. #3Consumer CyclicalTSLATesla, Inc.$37.5B
  1. 4WSEWise Group plc$32.1B
  2. 5MSFTMicrosoft Corporation$29.0B
  3. 6NVDANVIDIA Corporation$23.2B
  4. 7COSTCostco$15.1B
  5. 8GEVGE Vernova$13.9B
  6. 9ABNBAirbnb$10.2B
  7. 10SESea Limited$9.5B
  8. 11AMDAdvanced Micro Devices$8.7B
  9. 12REGNRegeneron Pharmaceuticals$7.3B
  10. 13CBRSCerebras Systems Inc.$7.0B
  11. 14MRNAModerna$4.6B
  12. 15FTNTFortinet$4.3B
  13. 16CRWDCrowdStrike$4.3B
  14. 17EWEdwards Lifesciences$4.0B
  15. 18INTCIntel$3.9B
  16. 19CPNGCoupang, Inc.$3.8B
  17. 20NEMNewmont$3.7B
  18. 21LRCXLam Research$3.7B
  19. 22ROSTRoss Stores$3.3B
  20. 23CLSCelestica Inc.$3.1B
  21. 24TJXTJX Companies$3.1B
  22. 25AEMAgnico Eagle Mines Limited$2.7B
  23. 26ACNAccenture$2.6B
  24. 27RKLBRocket Lab Corporation$2.3B
  25. 28RBLXRoblox Corporation$2.2B
  26. 29FIXComfort Systems USA$2.1B
  27. 30FLRFluor Corporation$2.0B
  28. 31BBarrick Mining Corporation$2.0B
  29. 32TWLOTwilio Inc.$1.9B
  30. 33FRVOFervo Energy Company$1.9B
  31. 34KGCKinross Gold Corporation$1.9B
  32. 35VRTXVertex Pharmaceuticals$1.8B
  33. 36STMSTMicroelectronics N.V.$1.7B
  34. 37XEX-Energy, Inc.$1.6B
  35. 38SSRMSSR Mining Inc.$1.6B
  36. 39ASTSAST SpaceMobile, Inc.$1.6B
  37. 40PTCTPTC Therapeutics, Inc.$1.6B
  38. 41FSLRFirst Solar$1.5B
  39. 42JOBYJoby Aviation, Inc.$1.5B
  40. 43AMATApplied Materials$1.5B
  41. 44ACHRArcher Aviation Inc.$1.5B
  42. 45MLIMueller Industries, Inc.$1.5B
  43. 46LULULululemon Athletica$1.4B
  44. 47ONDSOndas Inc.$1.4B
  45. 48PANWPalo Alto Networks$1.3B
  46. 49HCMHUTCHMED (China) Limited$1.2B
  47. 50FIVEFive Below, Inc.$1.2B

Other boards

Paid before they payHighest return on capital employedBiggest real buybacksMost revenue paid in stockMost research intensivePiotroski F-Score of 9Longest wait for cashFastest-growing dividendsBiggest insider buyingFastest sales growthMost held by ETFs