U.S. High Return On Equity, Low Debt

DICK'S Sporting Goods

Market Cap: US$16.9b

Operates as an omni-channel sporting goods retailer primarily in the United States.

Expeditors International of Washington

Market Cap: US$16.4b

Provides logistics services in the Americas, North Asia, South Asia, Europe, and MAIR.

Best Buy

Market Cap: US$15.8b

Offers technology products and solutions in the United States, Canada, and internationally.

Carlisle Companies

Market Cap: US$15.3b

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

Paycom Software

Market Cap: US$12.5b

Provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States.

Pool

Market Cap: US$12.3b

Distributes swimming pool supplies, equipment, related leisure, irrigation, and landscape maintenance products in the United States and internationally.

Comfort Systems USA

Market Cap: US$12.3b

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

Hyatt Hotels

Market Cap: US$12.0b

Operates as a hospitality company in the United States and internationally.

Texas Roadhouse

Market Cap: US$11.7b

Operates casual dining restaurants in the United States and internationally.

Lincoln Electric Holdings

Market Cap: US$11.1b

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

UL Solutions

Market Cap: US$11.0b

Provides testing, inspection and certification, and related software and advisory services worldwide.

Medpace Holdings

Market Cap: US$9.7b

Provides clinical research-based drug and medical device development services in North America, Europe, and Asia.

Primerica

Market Cap: US$9.6b

Provides financial products and services to middle-income households in the United States and Canada.

Advanced Drainage Systems

Market Cap: US$8.7b

Designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in North America and internationally.

Hamilton Lane

Market Cap: US$8.6b

A private equity and venture capital firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies.

AppFolio

Market Cap: US$8.2b

Provides cloud-based platform for the real estate industry in the United States.

Eagle Materials

Market Cap: US$7.6b

Through its subsidiaries, manufactures and sells heavy construction materials and light building materials in the United States.

Clearwater Analytics Holdings

Market Cap: US$6.9b

Develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.

Lincoln National

Market Cap: US$6.4b

Through its subsidiaries, operates multiple insurance and retirement businesses in the United States.

Nextracker

Market Cap: US$6.4b

An energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally.

Armstrong World Industries

Market Cap: US$6.3b

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

Dillard's

Market Cap: US$5.8b

Operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States.

InterDigital

Market Cap: US$5.7b

Operates as a global research and development company focuses on wireless, visual, artificial intelligence (AI), and related technologies.

NewMarket

Market Cap: US$5.3b

Through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives.

Moelis

Market Cap: US$4.7b

Operates as an investment banking advisory firm in North and South America, Europe, the Middle East, Asia, and Australia.

Qualys

Market Cap: US$4.7b

Provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.

Cal-Maine Foods

Market Cap: US$4.6b

Engages in the production, grading, packaging, marketing, and distribution of shell eggs and egg products.

Cabot

Market Cap: US$4.5b

Operates as a specialty chemicals and performance materials company.

Atour Lifestyle Holdings

Market Cap: US$3.9b

Through its subsidiaries, develops lifestyle brands around hotel offerings in the People’s Republic of China.

Sterling Infrastructure

Market Cap: US$3.8b

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

Abercrombie & Fitch

Market Cap: US$3.8b

Through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally.

National Beverage

Market Cap: US$3.8b

Through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks in the United States and Canada.

IES Holdings

Market Cap: US$3.6b

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

Artisan Partners Asset Management

Market Cap: US$3.3b

Artisan Partners Asset Management Inc. is publicly owned investment manager.

WD-40

Market Cap: US$3.2b

Develops and sells maintenance products, and homecare and cleaning products in North America, Central and South America, Asia, Australia, Europe, India, the Middle East, and Africa.

Protagonist Therapeutics

Market Cap: US$3.0b

A biopharmaceutical company, develops peptide therapeutics for hematology and blood disorders, and inflammatory and immunomodulatory diseases.