U.S. High Return On Equity, Low Debt

Microsoft

Market Cap: US$2.8t

Develops and supports software, services, devices and solutions worldwide.

Alphabet

Market Cap: US$2.0t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Meta Platforms

Market Cap: US$1.5t

Engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide.

Procter & Gamble

Market Cap: US$413.3b

Engages in the provision of branded consumer packaged goods worldwide.

Netflix

Market Cap: US$370.7b

Provides entertainment services.

Merck

Market Cap: US$240.6b

Operates as a healthcare company worldwide.

General Electric

Market Cap: US$206.2b

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.

Adobe

Market Cap: US$189.2b

Operates as a technology company worldwide.

QUALCOMM

Market Cap: US$171.3b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Progressive

Market Cap: US$163.4b

Operates as an insurance company in the United States.

PDD Holdings

Market Cap: US$160.6b

A multinational commerce group, owns and operates a portfolio of businesses.

Uber Technologies

Market Cap: US$152.6b

Develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Applied Materials

Market Cap: US$121.9b

Engages in the provision of manufacturing equipment, services, and software to the semiconductor, display, and related industries.

NIKE

Market Cap: US$113.0b

Engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, accessories, and services worldwide.

Lam Research

Market Cap: US$94.7b

Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits.

Airbnb

Market Cap: US$82.1b

Operates a platform that enables hosts to offer stays and experiences to guests worldwide.

Cintas

Market Cap: US$81.0b

Engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America.

Ferrari

Market Cap: US$77.9b

Through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide.

Trane Technologies

Market Cap: US$75.9b

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

Southern Copper

Market Cap: US$70.4b

Engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile.

Chipotle Mexican Grill

Market Cap: US$67.5b

Owns and operates Chipotle Mexican Grill restaurants.

Paychex

Market Cap: US$55.6b

Provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India.

Autodesk

Market Cap: US$52.9b

Provides 3D design, engineering, and entertainment technology solutions worldwide.

Cummins

Market Cap: US$46.0b

Offers various power solutions worldwide.

Fastenal

Market Cap: US$45.8b

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

Ross Stores

Market Cap: US$42.4b

Operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States.

Lululemon Athletica

Market Cap: US$40.5b

Designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men.

Texas Pacific Land

Market Cap: US$30.6b

Engages in the land and resource management, and water services and operations businesses.

Tractor Supply

Market Cap: US$28.7b

Operates as a rural lifestyle retailer in the United States.

Rollins

Market Cap: US$25.3b

Through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally.

Check Point Software Technologies

Market Cap: US$24.8b

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

Erie Indemnity

Market Cap: US$23.6b

Operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States.

Waters

Market Cap: US$23.2b

Provides analytical workflow solutions in Asia, the Americas, and Europe.

NVR

Market Cap: US$22.4b

Operates as a homebuilder in the United States.

Pinterest

Market Cap: US$21.5b

Operates as a visual search and discovery platform in the United States, Canada, Europe, and internationally.

Deckers Outdoor

Market Cap: US$18.4b

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