Top Industrials Cash-Rich Stocks
Top industrials companies ranked by cash & equivalents, latest annual filings.
What Cash Reserves Mean for Industrials Companies
Cash and equivalents sits on the current-asset line of the balance sheet and measures what a firm can deploy without raising capital. In industrials, the balance is markedly cyclical: cash accumulates during strong order cycles and drains through downturns, capex expansions, or working-capital builds tied to long-lead-time equipment. The figure is most informative read across several years, not as a single snapshot taken mid-cycle.
Why Cash Matters in Industrials
Industrial firms with strong cash positions entering a downturn have historically been able to invest countercyclically, buying capacity, technology, or distressed competitors when prices are depressed. That optionality compounds over full cycles. Still, a large cash balance at a cyclical peak can be misread as structural strength when it is simply the accumulated flow of a good year; the same firm may need that buffer within twelve months to fund backlog execution or weather a demand trough.
What to Read Alongside
Pair cash reserves with Long-term Debt to derive the net cash position, Free Cash Flow to see cash generation across the full industrial cycle, and CapEx to gauge the reinvestment claims on those balances.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | FDX | FedEx Corporation | Industrials | $13.31B | $70.00B |
| 2 | HON | Honeywell International Inc. | Industrials | $12.49B | $65.44B |
| 3 | GE | GE Aerospace | Industrials | $12.39B | $330.99B |
| 4 | BA | The Boeing Company | Industrials | $10.92B | $158.98B |
| 5 | CAT | Caterpillar Inc. | Industrials | $9.98B | $375.32B |
| 6 | GEV | GE Vernova Inc. | Industrials | $8.85B | $252.01B |
| 7 | GPN | Global Payments Inc. | Industrials | $8.34B | $22.57B |
| 8 | DE | Deere & Company | Industrials | $8.28B | $184.62B |
| 9 | RTX | RTX Corporation | Industrials | $7.43B | $261.92B |
| 10 | UAL | United Airlines Holdings, Inc. | Industrials | $5.94B | $37.13B |
| 11 | UPS | United Parcel Service, Inc. | Industrials | $5.89B | $80.61B |
| 12 | MMM | 3M Company | Industrials | $5.24B | $85.08B |
| 13 | NOC | Northrop Grumman Corporation | Industrials | $4.40B | $74.82B |
| 14 | DAL | Delta Air Lines, Inc. | Industrials | $4.31B | $54.25B |
| 15 | LMT | Lockheed Martin Corporation | Industrials | $4.12B | $123.57B |
| 16 | BBU | Brookfield Business Partners LP | Industrials | $3.55B | $2.79B |
| 17 | LUV | Southwest Airlines Co. | Industrials | $3.23B | $20.43B |
| 18 | CMI | Cummins Inc. | Industrials | $2.85B | $73.62B |
| 19 | TDG | TransDigm Group Incorporated | Industrials | $2.81B | $61.34B |
| 20 | CPRT | Copart, Inc. | Industrials | $2.78B | $26.77B |
| 21 | CNH | CNH Industrial N.V. | Industrials | $2.58B | $21.68B |
| 22 | BE | Bloom Energy Corporation | Industrials | $2.45B | $80.37B |
| 23 | GD | General Dynamics Corporation | Industrials | $2.33B | $95.75B |
| 24 | RTO | Rentokil Initial plc | Industrials | $2.32B | $10.75B |
| 25 | VRSK | Verisk Analytics, Inc. | Industrials | $2.18B | $22.39B |
| 26 | FLR | Fluor Corporation | Industrials | $2.13B | $7.32B |
| 27 | VLTO | Veralto Corporation | Industrials | $2.03B | $23.20B |
| 28 | TXT | Textron Inc. | Industrials | $2.02B | $13.66B |
| 29 | EMBJ | Embraer S.A. | Industrials | $1.95B | $13.71B |
| 30 | JBLU | JetBlue Airways Corporation | Industrials | $1.95B | $1.72B |
| 31 | TT | Trane Technologies plc | Industrials | $1.76B | $95.34B |
| 32 | ITT | ITT Inc. | Industrials | $1.74B | $18.39B |
| 33 | VRT | Vertiv Holdings Co | Industrials | $1.73B | $96.58B |
| 34 | BCO | The Brink's Company | Industrials | $1.73B | $4.41B |
| 35 | BETA | BETA Technologies, Inc. | Industrials | $1.71B | $5.16B |
| 36 | DOV | Dover Corporation | Industrials | $1.68B | $25.06B |
| 37 | SNA | Snap-on Incorporated | Industrials | $1.62B | $19.13B |
| 38 | ACM | AECOM | Industrials | $1.59B | $8.10B |
| 39 | CARR | Carrier Global Corporation | Industrials | $1.55B | $45.02B |
| 40 | EMR | Emerson Electric Co. | Industrials | $1.54B | $83.63B |
| 41 | NSC | Norfolk Southern Corporation | Industrials | $1.53B | $69.42B |
| 42 | XYL | Xylem Inc. | Industrials | $1.48B | $25.04B |
| 43 | ZTO | ZTO Express (Cayman) Inc. | Industrials | $1.43B | $14.64B |
| 44 | AER | AerCap Holdings N.V. | Industrials | $1.38B | $22.48B |
| 45 | MLI | Mueller Industries, Inc. | Industrials | $1.37B | $13.26B |
| 46 | EXPD | Expeditors International of Washington, Inc. | Industrials | $1.31B | $24.98B |
| 47 | UNP | Union Pacific Corporation | Industrials | $1.27B | $160.18B |
| 48 | IR | Ingersoll Rand Inc. | Industrials | $1.25B | $28.06B |
| 49 | SYM | Symbotic Inc. | Industrials | $1.24B | $5.71B |
| 50 | J | Jacobs Solutions Inc. | Industrials | $1.24B | $16.83B |
| 51 | AXON | Axon Enterprise, Inc. | Industrials | $1.20B | $36.72B |
| 52 | UHAL | U-Haul Holding Company | Industrials | $1.12B | $12.33B |
| 53 | CSL | Carlisle Companies Incorporated | Industrials | $1.11B | $12.62B |
| 54 | EME | EMCOR Group, Inc. | Industrials | $1.11B | $33.42B |
| 55 | OTIS | Otis Worldwide Corporation | Industrials | $1.10B | $25.37B |
| 56 | KFY | Korn Ferry | Industrials | $1.10B | $4.19B |
| 57 | LHX | L3Harris Technologies, Inc. | Industrials | $1.07B | $45.98B |
| 58 | AAL | American Airlines Group Inc. | Industrials | $1.06B | $8.98B |
| 59 | ZIM | ZIM Integrated Shipping Services Ltd. | Industrials | $1.05B | $3.67B |
| 60 | CMC | Commercial Metals Company | Industrials | $1.05B | $7.08B |
| 61 | DAC | Danaos Corporation | Industrials | $1.04B | $2.91B |
| 62 | AERO | Grupo Aeromexico, S.A.B. de C.V. | Industrials | $1.02B | $2.33B |
| 63 | ACHR | Archer Aviation Inc. | Industrials | $1.02B | $4.18B |
| 64 | FIX | Comfort Systems USA, Inc. | Industrials | $0.98B | $57.46B |
| 65 | APG | APi Group Corporation | Industrials | $0.91B | $16.19B |
| 66 | MAN | ManpowerGroup Inc. | Industrials | $0.87B | $2.63B |
| 67 | AGCO | AGCO Corporation | Industrials | $0.86B | $8.40B |
| 68 | GXO | GXO Logistics, Inc. | Industrials | $0.85B | $5.21B |
| 69 | ITW | Illinois Tool Works Inc. | Industrials | $0.85B | $76.19B |
| 70 | SMR | NuScale Power Corporation | Industrials | $0.84B | $3.61B |
| 71 | RKLB | Rocket Lab Corporation | Industrials | $0.83B | $44.69B |
| 72 | CLH | Clean Harbors, Inc. | Industrials | $0.83B | $16.44B |
| 73 | GTES | Gates Industrial Corporation Ltd. | Industrials | $0.81B | $6.44B |
| 74 | FLY | Firefly Aerospace Inc. | Industrials | $0.79B | $3.82B |
| 75 | AEIS | Advanced Energy Industries, Inc. | Industrials | $0.79B | $10.52B |
| 76 | WAB | Westinghouse Air Brake Technologies Corporation | Industrials | $0.79B | $47.87B |
| 77 | HII | Huntington Ingalls Industries, Inc. | Industrials | $0.77B | $10.88B |
| 78 | TEX | Terex Corporation | Industrials | $0.77B | $6.73B |
| 79 | FLS | Flowserve Corporation | Industrials | $0.76B | $9.49B |
| 80 | VLRS | Controladora Vuela Compañía de Aviación, S.A.B. de C.V. | Industrials | $0.75B | $0.79B |
| 81 | GATX | GATX Corporation | Industrials | $0.74B | $6.37B |
| 82 | HWM | Howmet Aerospace Inc. | Industrials | $0.74B | $90.68B |
| 83 | TPC | Tutor Perini Corporation | Industrials | $0.73B | $4.52B |
| 84 | BAH | Booz Allen Hamilton Holding Corporation | Industrials | $0.73B | $9.31B |
| 85 | PAM | Pampa Energía S.A. | Industrials | $0.72B | $4.36B |
| 86 | DY | Dycom Industries, Inc. | Industrials | $0.71B | $8.79B |
| 87 | DLB | Dolby Laboratories, Inc. | Industrials | $0.70B | $5.37B |
| 88 | FERG | Ferguson Enterprises Inc. | Industrials | $0.67B | $41.81B |
| 89 | ULCC | Frontier Group Holdings, Inc. | Industrials | $0.67B | $1.41B |
| 90 | CSX | CSX Corporation | Industrials | $0.67B | $85.20B |
| 91 | REZI | Resideo Technologies, Inc. | Industrials | $0.66B | $2.86B |
| 92 | DRS | Leonardo DRS, Inc. | Industrials | $0.65B | $10.13B |
| 93 | MAS | Masco Corporation | Industrials | $0.65B | $13.36B |
| 94 | NSP | Insperity, Inc. | Industrials | $0.64B | $1.92B |
| 95 | ARMK | Aramark | Industrials | $0.64B | $14.89B |
| 96 | ESLT | Elbit Systems Ltd. | Industrials | $0.64B | $35.18B |
| 97 | ALK | Alaska Air Group, Inc. | Industrials | $0.63B | $4.68B |
| 98 | GGG | Graco Inc. | Industrials | $0.62B | $12.40B |
| 99 | ETN | Eaton Corporation plc | Industrials | $0.62B | $169.12B |
| 100 | WCC | WESCO International, Inc. | Industrials | $0.60B | $17.32B |
No companies match this search.
How this ranking is built
Companies are ranked by cash & equivalents as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Size floor: A company qualifies at $500 million in market cap or above. Below that, one mis-stated figure outranks the companies the list is about.
- Currency check: A company whose annual revenue runs above 15 times its market cap is left out, because at that gap the two figures are not in the same currency.
- Currency check: A company whose balance sheet runs above 150 times its market cap is left out for the same reason.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.