Global Leverage Leaders

PJSC LUKOIL

Market Cap: ₽2.5t

PJSC LUKOIL, together with its subsidiaries, engages in exploration, production, refining, marketing, and distribution of oil and gas.

Oil Company Bashneft

Market Cap: ₽176.8b

Public Joint Stock Oil Company Bashneft engages in the development and implementation, exploration, production, and refining of oil reserves in Russia.

Raspadskaya

Market Cap: ₽198.1b

Public Joint Stock Company Raspadskaya, together with its subsidiaries, engages in the mining of coking coal.

Donaldson Company

Market Cap: US$10.0b

Manufactures and sells filtration systems and replacement parts worldwide.

On Holding

Market Cap: US$11.7b

Develops and distributes performance sports products under the On brand in Switzerland, the rest of Europe, the Middle East, Africa, the United States, the rest of the Americas, and the Asia-Pacific.

SSR Mining

Market Cap: CA$9.7b

Engages in the acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina.

BUA Foods

Market Cap: ₦17.4t

Processes, manufactures, produces, and distributes food materials in Nigeria.

Autohome

Market Cap: US$2.2b

Operates as an online destination for automobile consumers in the People’s Republic of China.

Korn Ferry

Market Cap: US$3.5b

Engages in the provision of organizational consulting services worldwide.

Delta

Market Cap: US$37.0b

Manufactures and distributes cold beverages in Zimbabwe. The company operates through Lager Beer, Sparkling Beverages, Sorghum Beer, and Wines and Spirits segments.

TowneBank

Market Cap: US$3.2b

Provides retail and commercial banking services for individuals, commercial enterprises, and professionals in the United States.

Lam Research

Market Cap: US$367.7b

Designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe.

Expeditors International of Washington

Market Cap: US$20.5b

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

Hecla Mining

Market Cap: US$12.5b

Provides precious and base metals in the United States, Canada, Japan, Korea, China, and internationally.

Valley National Bancorp

Market Cap: US$7.4b

Operates as the holding company for Valley National Bank that provides various commercial, private banking, retail, insurance, and wealth management financial services products.

Kanzhun

Market Cap: US$6.4b

Operates an online recruitment platform in the People’s Republic of China.

Zurn Elkay Water Solutions

Market Cap: US$8.5b

Engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally.

Aritzia

Market Cap: CA$17.0b

Designs, develops, and sells apparels and accessories for women in the United States and Canada.

Urban Outfitters

Market Cap: US$6.1b

Offers lifestyle products and services in the United States and internationally.

Workday

Market Cap: US$31.9b

Provides enterprise cloud applications in the United States and internationally.

Vaxcyte

Market Cap: US$7.7b

A clinical-stage vaccine innovation company, develops conjugate and novel protein vaccines to prevent or treat bacterial infectious diseases.

Stock Yards Bancorp

Market Cap: US$2.2b

Operates as a holding company for Stock Yards Bank & Trust Company that provides various financial services for individuals, corporations, and others in the United States.

Penumbra

Market Cap: US$12.7b

Designs, develops, manufactures, and markets medical devices in the United States and internationally.

Spotify Technology

Market Cap: US$85.9b

Provides audio streaming subscription services worldwide.

Egypt Aluminum

Market Cap: ج.م123.2b

Produces, manufactures, markets, and distributes aluminum products.

Talaat Moustafa Group Holding

Market Cap: ج.م202.3b

Engages in the real estate development business in Egypt.

Circle Internet Group

Market Cap: US$27.6b

Operates as a platform, network, and market infrastructure for stablecoin and blockchain applications.

Teradyne

Market Cap: US$56.3b

Engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.

East West Bancorp

Market Cap: US$16.8b

Operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States.

Procore Technologies

Market Cap: US$8.0b

Provides a cloud-based construction management platform and related products and services in the United States and internationally.

JOYY

Market Cap: US$2.9b

Engages in the provision of social product matrix and communication technology.

Exponent

Market Cap: US$3.0b

Operates as a science and engineering consulting company in the United States and internationally.

Central Bancompany

Market Cap: US$6.5b

Operates as the bank holding company for The Central Trust Bank that provides consumer, commercial, and wealth management products and services.

Oshkosh

Market Cap: US$8.6b

Provides purpose-built vehicles and equipment worldwide.

United States Lime & Minerals

Market Cap: US$3.1b

Manufactures and supplies lime and limestone products in the United States.

Applied Materials

Market Cap: US$345.6b

Provides materials engineering solutions, equipment, services, and software to the semiconductor and related industries in the United States, China, Korea, Taiwan, Japan, Southeast Asia, Europe, and internationally.