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Top 100 Stocks by EBITDA

Top companies ranked by ebitda, latest annual filings.

What EBITDA Means for US-listed Companies

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It strips out financing decisions and accounting allocations to expose the cash a business generates from core operations. Across US-listed firms the figure is widely used to compare operating performance on a common footing, especially when capital structures differ, because it removes the noise of how a company is funded and how its past capital spending gets allocated over time.

Why EBITDA Matters Less Than It Seems

EBITDA is useful for cross-company comparison, yet it is not cash flow. Depreciation reflects real capital that was spent and will likely be spent again to keep the business running. Interest is a real claim on cash for any levered firm, and taxes are real obligations. EBITDA can flatter capital-intensive businesses whose reinvestment needs are genuine. It works best as a starting gauge of operating profitability alongside cash flow and leverage data.

What to Read Alongside

Pair EBITDA with [Free Cash Flow](/financials/top-free-cash-flow-stocks/) to confirm operating earnings convert into cash after real reinvestment, [Net Income](/financials/top-net-income-stocks/) for the after-everything view that captures interest and taxes, and [Debt](/financials/most-indebted-stocks/) to frame how leverage weighs on those earnings.

Data as of FY 2025 100 companies Rhea AI
# Symbol Company Sector
1 MSFT Microsoft Corporation Technology $159.94B $3139.48B
2 GOOG Alphabet Inc. Communication Services $150.73B $4105.72B
3 AMZN Amazon.com, Inc. Consumer Cyclical $145.73B $2694.59B
4 AAPL Apple Inc. Technology $144.75B $3967.28B
5 NVDA NVIDIA Corporation Technology $133.23B $4900.82B
6 META Meta Platforms, Inc. Communication Services $101.89B $1747.83B
7 VZ Verizon Communications Inc. Communication Services $47.61B $194.58B
8 T AT&T Inc. Communication Services $45.05B $185.10B
9 WMT Walmart Inc. Consumer Defensive $44.03B $1016.48B
10 CMCSA Comcast Corporation Communication Services $36.88B $106.60B
11 AVGO Broadcom Inc. Technology $34.12B $1924.83B
12 TMUS T-Mobile US, Inc. Communication Services $31.79B $217.81B
13 HD The Home Depot, Inc. Consumer Cyclical $24.40B $348.01B
14 ORCL Oracle Corporation Technology $23.90B $503.48B
15 UNH UnitedHealth Group Incorporated Healthcare $23.32B $294.66B
16 PG The Procter & Gamble Company Consumer Defensive $23.30B $341.47B
17 ABBV AbbVie Inc. Healthcare $23.21B $368.57B
18 DIS The Walt Disney Company Communication Services $22.88B $188.29B
19 CHTR Charter Communications, Inc. Communication Services $21.62B $29.49B
20 MU Micron Technology, Inc. Technology $18.12B $513.20B
21 PM Philip Morris International Inc. Consumer Defensive $16.89B $245.92B
22 DUK Duke Energy Corporation Utilities $16.33B $99.64B
23 PDD PDD Holdings Inc. Consumer Cyclical $14.95B $148.76B
24 PEP PepsiCo, Inc. Consumer Defensive $14.95B $215.53B
25 GM General Motors Company Consumer Cyclical $14.89B $73.51B
26 NEE NextEra Energy, Inc. Utilities $14.86B $191.81B
27 KO The Coca-Cola Company Consumer Defensive $14.81B $326.00B
28 ET Energy Transfer LP Energy $14.71B $64.88B
29 AMGN Amgen Inc. Healthcare $14.25B $191.53B
30 QCOM QUALCOMM Incorporated Technology $13.96B $145.33B
31 RTX RTX Corporation Industrials $13.68B $264.38B
32 NFLX Netflix, Inc. Communication Services $13.66B $409.75B
33 CAT Caterpillar Inc. Industrials $13.41B $369.74B
34 SO The Southern Company Utilities $13.31B $106.54B
35 MCD McDonald's Corporation Consumer Cyclical $12.85B $221.32B
36 COST Costco Wholesale Corporation Consumer Defensive $12.81B $443.60B
37 GILD Gilead Sciences, Inc. Healthcare $12.79B $170.84B
38 LIN Linde plc Basic Materials $12.69B $228.10B
39 CSCO Cisco Systems, Inc. Technology $12.46B $340.68B
40 LOW Lowe's Companies, Inc. Consumer Cyclical $12.35B $140.98B
41 UNP Union Pacific Corporation Industrials $12.34B $149.10B
42 CI The Cigna Group Healthcare $11.97B $73.47B
43 ACN Accenture plc Technology $11.59B $121.35B
44 MPC Marathon Petroleum Corporation Energy $11.54B $62.93B
45 DELL Dell Technologies Inc. Technology $11.18B $126.92B
46 ABT Abbott Laboratories Healthcare $11.17B $168.22B
47 UPS United Parcel Service, Inc. Industrials $10.87B $90.44B
48 EOG EOG Resources, Inc. Energy $10.85B $68.80B
49 TMO Thermo Fisher Scientific Inc. Healthcare $10.53B $195.70B
50 LNG Cheniere Energy, Inc. Energy $10.44B $52.76B
51 EIX Edison International Utilities $10.33B $27.23B
52 MO Altria Group, Inc. Consumer Defensive $10.16B $107.25B
53 EPD Enterprise Products Partners L.P. Energy $9.57B $79.27B
54 CRM Salesforce, Inc. Technology $9.53B $149.00B
55 ADBE Adobe Inc. Technology $9.52B $98.81B
56 HON Honeywell International Inc. Industrials $9.52B $147.99B
57 TSLA Tesla, Inc. Consumer Cyclical $9.50B $1503.30B
58 INTC Intel Corporation Technology $9.49B $343.94B
59 FDX FedEx Corporation Industrials $9.48B $93.62B
60 BKNG Booking Holdings Inc. Consumer Cyclical $9.45B $152.04B
61 LMT Lockheed Martin Corporation Industrials $9.42B $136.48B
62 CVS CVS Health Corporation Healthcare $9.27B $99.07B
63 FI Fiserv, Inc. Technology $9.06B $34.31B
64 MDT Medtronic plc Healthcare $8.82B $110.66B
65 EXC Exelon Corporation Utilities $8.79B $48.11B
66 FCX Freeport-McMoRan Inc. Basic Materials $8.76B $100.91B
67 ELV Elevance Health, Inc. Healthcare $8.74B $70.96B
68 AMAT Applied Materials, Inc. Technology $8.72B $315.02B
69 AEP American Electric Power Company, Inc. Utilities $8.64B $72.65B
70 DAL Delta Air Lines, Inc. Industrials $8.27B $47.12B
71 TGT Target Corporation Consumer Defensive $8.25B $57.89B
72 TXN Texas Instruments Incorporated Technology $7.94B $209.24B
73 SCCO Southern Copper Corporation Basic Materials $7.87B $160.52B
74 UAL United Airlines Holdings, Inc. Industrials $7.65B $33.05B
75 CRH CRH plc Basic Materials $7.60B $78.21B
76 CCL Carnival Corporation & plc Consumer Cyclical $7.27B $40.47B
77 OKE ONEOK, Inc. Energy $7.25B $52.61B
78 KMI Kinder Morgan, Inc. Energy $7.18B $71.24B
79 WM Waste Management, Inc. Industrials $7.17B $90.23B
80 DHR Danaher Corporation Healthcare $7.14B $137.82B
81 PLD Prologis, Inc. Real Estate $6.98B $135.27B
82 AMT American Tower Corporation Real Estate $6.89B $85.05B
83 F Ford Motor Company Consumer Cyclical $6.80B $51.62B
84 D Dominion Energy, Inc. Utilities $6.80B $54.86B
85 APH Amphenol Corporation Technology $6.79B $185.72B
86 RCL Royal Caribbean Cruises Ltd. Consumer Cyclical $6.63B $77.23B
87 WMB The Williams Companies, Inc. Energy $6.54B $87.01B
88 AMD Advanced Micro Devices, Inc. Technology $6.51B $453.87B
89 SYK Stryker Corporation Healthcare $6.46B $131.49B
90 WBD Warner Bros. Discovery, Inc. Communication Services $6.42B $68.86B
91 FANG Diamondback Energy, Inc. Energy $6.30B $50.71B
92 LRCX Lam Research Corporation Technology $6.29B $334.17B
93 UBER Uber Technologies, Inc. Technology $6.28B $157.08B
94 GD General Dynamics Corporation Industrials $6.28B $91.08B
95 BA The Boeing Company Industrials $6.23B $175.54B
96 CSX CSX Corporation Industrials $6.20B $80.57B
97 NOC Northrop Grumman Corporation Industrials $5.98B $94.49B
98 MMM 3M Company Industrials $5.94B $80.74B
99 EQT EQT Corporation Energy $5.85B $36.51B
100 NSC Norfolk Southern Corporation Industrials $5.75B $67.89B

How this ranking is built

Companies are ranked by ebitda 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.
  • 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.