U.S. High Return On Equity, Low Debt

Ulta Beauty

Market Cap: US$22.0b

Operates as a specialty beauty retailer in the United States, Mexico, and Kuwait.

Illumina

Market Cap: US$21.9b

Provides sequencing- and array-based solutions for genetic and genomic analysis in the Americas, Europe, Greater China, the Asia Pacific, the Middle East, and Africa.

Veralto

Market Cap: US$21.1b

Provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide.

C.H. Robinson Worldwide

Market Cap: US$21.0b

Provides freight transportation and related logistics and supply chain services in the United States and internationally.

Expeditors International of Washington

Market Cap: US$20.6b

Provides logistics services in the Americas, North Asia, South Asia, Europe, and Middle East, Africa, and India.

Dollar Tree

Market Cap: US$18.6b

Operates retail discount stores under the Dollar Tree and Dollar Tree Canada brands in the United States and Canada.

Kaspi.kz

Market Cap: US$17.3b

Provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan, Azerbaijan, and Ukraine.

PTC

Market Cap: US$16.8b

Operates as software company in the Americas, Europe, and the Asia Pacific.

Tractor Supply

Market Cap: US$16.6b

Operates as a rural lifestyle retailer in the United States.

NVR

Market Cap: US$16.3b

Operates as a homebuilder in the United States.

Deckers Outdoor

Market Cap: US$14.6b

Designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high-performance activities in the United States and internationally.

lululemon athletica

Market Cap: US$14.5b

Designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada, Mexico, China Mainland, Hong Kong, Taiwan, Macau, and internationally.

Evercore

Market Cap: US$14.3b

Operates as an independent investment banking firm in the Americas, Europe, Middle East, Africa, and Asia-Pacific.

H World Group

Market Cap: US$14.3b

Develops leased and owned, manachised, and franchised hotels in the People’s Republic of China.

Lincoln Electric Holdings

Market Cap: US$14.2b

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

Check Point Software Technologies

Market Cap: US$13.7b

Develops, markets, and supports a range of products and services for IT security worldwide.

IES Holdings

Market Cap: US$12.9b

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

Best Buy

Market Cap: US$12.9b

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

Exelixis

Market Cap: US$12.5b

An oncology company, focuses on the discovery, development, and commercialization of new medicines for difficult-to-treat cancers in the United States.

Allegion

Market Cap: US$11.2b

Engages in the provision of security products and solutions worldwide.

Primerica

Market Cap: US$8.8b

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

Dillard's

Market Cap: US$8.6b

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

Frontline

Market Cap: US$8.6b

A shipping company, engages in the ownership and operation of oil and product tankers worldwide.

Chewy

Market Cap: US$8.3b

Engages in the e-commerce business in the United States.

Sprouts Farmers Market

Market Cap: US$8.0b

Engages in the retailing of fresh, natural, and organic food products in the United States.

Everus Construction Group

Market Cap: US$7.7b

Provides contracting services in the United States.

Valaris

Market Cap: US$7.0b

Provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally.

InterDigital

Market Cap: US$6.9b

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

Super Group (SGHC)

Market Cap: US$6.9b

Operates as an online sports betting and gaming operator.

Armstrong World Industries

Market Cap: US$6.7b

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

PJT Partners

Market Cap: US$6.4b

An investment bank, provides various strategic advisory, shareholder advisory, capital markets advisory, and restructuring and special situations services to corporations, financial sponsors, institutional investors, and governments worldwide.

Chemed

Market Cap: US$5.8b

Provides hospice and palliative care services to patients through a network of physicians, doctors, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States.

AppFolio

Market Cap: US$5.7b

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

Pegasystems

Market Cap: US$5.7b

Develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.

Mercury General

Market Cap: US$5.7b

Engages in writing personal automobile insurance in the United States.

Moelis

Market Cap: US$5.3b

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