U.S. High Return On Equity, Low Debt

Microsoft

Market Cap: US$3.8t

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

Alphabet

Market Cap: US$2.3t

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$1.8t

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.

Netflix

Market Cap: US$524.0b

Provides entertainment services.

General Electric

Market Cap: US$278.7b

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.

Merck

Market Cap: US$199.1b

Operates as a healthcare company worldwide.

QUALCOMM

Market Cap: US$172.0b

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

PDD Holdings

Market Cap: US$158.5b

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

Applied Materials

Market Cap: US$154.6b

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

Progressive

Market Cap: US$143.7b

Operates as an insurance company in the United States.

Lam Research

Market Cap: US$130.1b

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

Trane Technologies

Market Cap: US$98.7b

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

Cintas

Market Cap: US$89.2b

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

Airbnb

Market Cap: US$85.2b

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

Southern Copper

Market Cap: US$78.8b

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

Chipotle Mexican Grill

Market Cap: US$70.7b

Owns and operates Chipotle Mexican Grill restaurants.

Autodesk

Market Cap: US$63.1b

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

Fastenal

Market Cap: US$52.8b

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

Ross Stores

Market Cap: US$43.8b

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

Tractor Supply

Market Cap: US$30.4b

Operates as a rural lifestyle retailer in the United States.

Rollins

Market Cap: US$26.8b

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

lululemon athletica

Market Cap: US$26.7b

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.

Pinterest

Market Cap: US$25.7b

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

EMCOR Group

Market Cap: US$25.1b

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

Darden Restaurants

Market Cap: US$24.2b

Owns and operates full-service restaurants in the United States and Canada.

Check Point Software Technologies

Market Cap: US$24.1b

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

Ulta Beauty

Market Cap: US$22.4b

Operates as a specialty beauty retailer in the United States.

Texas Pacific Land

Market Cap: US$22.3b

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

NVR

Market Cap: US$21.9b

Operates as a homebuilder in the United States.

Comfort Systems USA

Market Cap: US$19.2b

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$17.5b

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

DICK'S Sporting Goods

Market Cap: US$17.2b

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

Waters

Market Cap: US$16.8b

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

Sprouts Farmers Market

Market Cap: US$16.3b

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

Deckers Outdoor

Market Cap: US$15.7b

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

Expeditors International of Washington

Market Cap: US$15.4b

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