U.S. Capital Goods High Return On Equity, Low Debt

General Electric

Market Cap: US$319.0b

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems.

Trane Technologies

Market Cap: US$93.9b

Designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration.

Fastenal

Market Cap: US$56.3b

Engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally.

W.W. Grainger

Market Cap: US$45.6b

Distributes maintenance, repair, and operating products and services primarily in North America, Japan, and the United Kingdom.

Ferguson Enterprises

Market Cap: US$44.1b

Operates as a distributor serving the water and air specialized professional in the United States and Canada.

EMCOR Group

Market Cap: US$29.1b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Comfort Systems USA

Market Cap: US$29.0b

Provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States.

Carlisle Companies

Market Cap: US$14.0b

Operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, and internationally.

Lincoln Electric Holdings

Market Cap: US$13.0b

Through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products in the United States and internationally.

Nextracker

Market Cap: US$10.9b

Provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally.

Sterling Infrastructure

Market Cap: US$10.3b

Engages in the provision of e-infrastructure, transportation, and building solutions in the United States.

Armstrong World Industries

Market Cap: US$8.5b

Engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas.

IES Holdings

Market Cap: US$7.9b

Designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States.

Everus Construction Group

Market Cap: US$4.4b

Provides contracting services in the United States.

Paul Mueller

Market Cap: US$382.4m

Provides manufactured equipment and components in the United States, North America, the Netherlands, Europe, and internationally.

Masonglory

Market Cap: US$290.9m

Through its subsidiaries, provides wet trades and other ancillary services in Hong Kong.

Phoenix Asia Holdings

Market Cap: US$192.2m

Provides substructure works services in Hong Kong.