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 to confirm operating earnings convert into cash after real reinvestment, Net Income for the after-everything view that captures interest and taxes, and Debt to frame how leverage weighs on those earnings.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corporation | Technology | $199.64B | $3717.15B |
| 2 | GOOG | Alphabet Inc. | Communication Services | $150.73B | $4096.78B |
| 3 | AMZN | Amazon.com, Inc. | Consumer Cyclical | $145.73B | $2688.70B |
| 4 | AAPL | Apple Inc. | Technology | $144.75B | $4918.53B |
| 5 | NVDA | NVIDIA Corporation | Technology | $133.23B | $5445.39B |
| 6 | META | Meta Platforms, Inc. | Communication Services | $101.89B | $1895.60B |
| 7 | VZ | Verizon Communications Inc. | Communication Services | $47.61B | $193.28B |
| 8 | T | AT&T Inc. | Communication Services | $45.05B | $173.37B |
| 9 | WMT | Walmart Inc. | Consumer Defensive | $44.03B | $876.92B |
| 10 | CMCSA | Comcast Corporation | Communication Services | $36.88B | $80.02B |
| 11 | AVGO | Broadcom Inc. | Technology | $34.12B | $1694.59B |
| 12 | TMUS | T-Mobile US, Inc. | Communication Services | $31.79B | $177.70B |
| 13 | ORCL | Oracle Corporation | Technology | $30.25B | $437.11B |
| 14 | HD | The Home Depot, Inc. | Consumer Cyclical | $24.40B | $296.03B |
| 15 | UNH | UnitedHealth Group Incorporated | Healthcare | $23.32B | $333.27B |
| 16 | ABBV | AbbVie Inc. | Healthcare | $23.21B | $468.43B |
| 17 | PG | The Procter & Gamble Company | Consumer Defensive | $22.91B | $342.34B |
| 18 | DIS | The Walt Disney Company | Communication Services | $22.88B | $178.64B |
| 19 | CHTR | Charter Communications, Inc. | Communication Services | $21.62B | $13.35B |
| 20 | MU | Micron Technology, Inc. | Technology | $18.12B | $1210.57B |
| 21 | PM | Philip Morris International Inc. | Consumer Defensive | $16.89B | $297.45B |
| 22 | DUK | Duke Energy Corporation | Utilities | $16.33B | $89.02B |
| 23 | CSCO | Cisco Systems, Inc. | Technology | $16.07B | $419.61B |
| 24 | PEP | PepsiCo, Inc. | Consumer Defensive | $14.95B | $177.68B |
| 25 | GM | General Motors Company | Consumer Cyclical | $14.89B | $73.50B |
| 26 | NEE | NextEra Energy, Inc. | Utilities | $14.86B | $160.66B |
| 27 | KO | The Coca-Cola Company | Consumer Defensive | $14.81B | $379.01B |
| 28 | ET | Energy Transfer LP | Energy | $14.71B | $70.55B |
| 29 | AMGN | Amgen Inc. | Healthcare | $14.25B | $219.55B |
| 30 | QCOM | QUALCOMM Incorporated | Technology | $13.96B | $210.66B |
| 31 | RTX | RTX Corporation | Industrials | $13.68B | $259.03B |
| 32 | NFLX | Netflix, Inc. | Communication Services | $13.66B | $297.14B |
| 33 | CAT | Caterpillar Inc. | Industrials | $13.41B | $373.27B |
| 34 | PDD | PDD Holdings Inc. | Consumer Cyclical | $13.40B | $112.73B |
| 35 | SO | The Southern Company | Utilities | $13.31B | $96.02B |
| 36 | MCD | McDonald's Corporation | Consumer Cyclical | $12.85B | $168.65B |
| 37 | COST | Costco Wholesale Corporation | Consumer Defensive | $12.81B | $401.22B |
| 38 | GILD | Gilead Sciences, Inc. | Healthcare | $12.79B | $187.69B |
| 39 | LIN | Linde plc | Basic Materials | $12.69B | $216.53B |
| 40 | SNDK | Sandisk Corporation | Technology | $12.54B | $265.98B |
| 41 | LOW | Lowe's Companies, Inc. | Consumer Cyclical | $12.35B | $107.36B |
| 42 | UNP | Union Pacific Corporation | Industrials | $12.34B | $163.69B |
| 43 | CI | The Cigna Group | Healthcare | $11.97B | $70.89B |
| 44 | ACN | Accenture plc | Technology | $11.59B | $112.30B |
| 45 | MPC | Marathon Petroleum Corporation | Energy | $11.54B | $109.07B |
| 46 | DELL | Dell Technologies Inc. | Technology | $11.18B | $349.59B |
| 47 | ABT | Abbott Laboratories | Healthcare | $11.17B | $179.08B |
| 48 | UPS | United Parcel Service, Inc. | Industrials | $10.87B | $81.52B |
| 49 | EOG | EOG Resources, Inc. | Energy | $10.85B | $74.40B |
| 50 | TMO | Thermo Fisher Scientific Inc. | Healthcare | $10.53B | $245.99B |
| 51 | LNG | Cheniere Energy, Inc. | Energy | $10.44B | $56.51B |
| 52 | EIX | Edison International | Utilities | $10.33B | $20.59B |
| 53 | MO | Altria Group, Inc. | Consumer Defensive | $10.16B | $115.13B |
| 54 | FDX | FedEx Corporation | Industrials | $9.83B | $68.99B |
| 55 | EPD | Enterprise Products Partners L.P. | Energy | $9.57B | $81.13B |
| 56 | CRM | Salesforce, Inc. | Technology | $9.53B | $195.53B |
| 57 | ADBE | Adobe Inc. | Technology | $9.52B | $95.67B |
| 58 | HON | Honeywell International Inc. | Industrials | $9.52B | $67.37B |
| 59 | TSLA | Tesla, Inc. | Consumer Cyclical | $9.50B | $1501.30B |
| 60 | INTC | Intel Corporation | Technology | $9.49B | $648.08B |
| 61 | BKNG | Booking Holdings Inc. | Consumer Cyclical | $9.45B | $117.14B |
| 62 | MDT | Medtronic plc | Healthcare | $9.43B | $114.23B |
| 63 | LMT | Lockheed Martin Corporation | Industrials | $9.42B | $121.09B |
| 64 | CVS | CVS Health Corporation | Healthcare | $9.27B | $109.81B |
| 65 | FI | Fiserv, Inc. | Technology | $9.06B | $34.31B |
| 66 | EXC | Exelon Corporation | Utilities | $8.79B | $41.92B |
| 67 | FCX | Freeport-McMoRan Inc. | Basic Materials | $8.76B | $104.23B |
| 68 | ELV | Elevance Health, Inc. | Healthcare | $8.74B | $86.44B |
| 69 | AMAT | Applied Materials, Inc. | Technology | $8.72B | $376.47B |
| 70 | AEP | American Electric Power Company, Inc. | Utilities | $8.64B | $64.46B |
| 71 | LRCX | Lam Research Corporation | Technology | $8.64B | $384.51B |
| 72 | DAL | Delta Air Lines, Inc. | Industrials | $8.27B | $53.76B |
| 73 | TGT | Target Corporation | Consumer Defensive | $8.25B | $70.99B |
| 74 | TXN | Texas Instruments Incorporated | Technology | $7.94B | $248.97B |
| 75 | SCCO | Southern Copper Corporation | Basic Materials | $7.87B | $170.51B |
| 76 | UAL | United Airlines Holdings, Inc. | Industrials | $7.65B | $35.94B |
| 77 | CRH | CRH plc | Basic Materials | $7.60B | $56.70B |
| 78 | CCL | Carnival Corporation Ltd. | Consumer Cyclical | $7.27B | $29.86B |
| 79 | OKE | ONEOK, Inc. | Energy | $7.25B | $57.08B |
| 80 | KMI | Kinder Morgan, Inc. | Energy | $7.18B | $69.85B |
| 81 | WM | Waste Management, Inc. | Industrials | $7.17B | $83.09B |
| 82 | DHR | Danaher Corporation | Healthcare | $7.14B | $155.75B |
| 83 | PLD | Prologis, Inc. | Real Estate | $6.98B | $127.31B |
| 84 | AMT | American Tower Corporation | Real Estate | $6.89B | $79.58B |
| 85 | F | Ford Motor Company | Consumer Cyclical | $6.80B | $51.60B |
| 86 | D | Dominion Energy, Inc. | Utilities | $6.80B | $53.80B |
| 87 | APH | Amphenol Corporation | Technology | $6.79B | $202.68B |
| 88 | RCL | Royal Caribbean Cruises Ltd. | Consumer Cyclical | $6.63B | $61.59B |
| 89 | INTU | Intuit Inc. | Technology | $6.56B | $76.64B |
| 90 | WMB | The Williams Companies, Inc. | Energy | $6.54B | $86.98B |
| 91 | AMD | Advanced Micro Devices, Inc. | Technology | $6.51B | $1003.34B |
| 92 | MCK | McKesson Corporation | Healthcare | $6.50B | $102.66B |
| 93 | SYK | Stryker Corporation | Healthcare | $6.46B | $104.87B |
| 94 | WBD | Warner Bros. Discovery, Inc. | Communication Services | $6.42B | $77.12B |
| 95 | FANG | Diamondback Energy, Inc. | Energy | $6.30B | $51.99B |
| 96 | UBER | Uber Technologies, Inc. | Technology | $6.28B | $141.79B |
| 97 | GD | General Dynamics Corporation | Industrials | $6.28B | $92.89B |
| 98 | BA | The Boeing Company | Industrials | $6.23B | $158.02B |
| 99 | CSX | CSX Corporation | Industrials | $6.20B | $87.42B |
| 100 | VG | Venture Global, Inc. | Energy | $6.10B | $33.18B |
No companies match this search.
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.
- 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.