Top 100 Stocks by Net Margin
Top companies ranked by net margin, latest annual filings.
What Net Margin Means for US-listed Companies
Net margin is net income divided by revenue, the share of each sales dollar that survives every line of the income statement, including cost of goods, overhead, research, interest, and tax. It sits at the bottom of the profitability stack and represents what actually belongs to shareholders. Across US-listed firms the figure reflects radically different business models, cost structures, capital setups, and tax postures, so it compresses a great deal of information into a single percentage.
Why Net Margin Matters
Net margin captures the cumulative effect of operational efficiency, capital structure, and tax discipline, and a durable net margin across cycles usually reflects a business that has earned its pricing. Still, the number includes non-cash charges such as depreciation and amortization along with one-time items, and GAAP net margin can diverge meaningfully from the cash generation the firm actually produces, so pairing it with cash-flow measures before drawing conclusions is usually wise.
What to Read Alongside
Pair net margin with Gross Margin for the top of the margin stack, Operating Margin for the middle layer before interest and tax, and Return on Equity to combine margin with how efficiently the capital base is being used.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | JOYY | JOYY Inc. | Communication Services | 98.78% | $3.90B |
| 2 | SPG | Simon Property Group, Inc. | Real Estate | 84.28% | $66.32B |
| 3 | WDC | Western Digital Corporation | Technology | 72.95% | $161.58B |
| 4 | IBKR | Interactive Brokers Group, Inc. | Financial Services | 70.22% | $42.23B |
| 5 | VICI | VICI Properties Inc. | Real Estate | 69.28% | $26.48B |
| 6 | WPM | Wheaton Precious Metals Corp. | Basic Materials | 63.58% | $67.06B |
| 7 | CME | CME Group Inc. | Financial Services | 62.45% | $99.07B |
| 8 | SUI | Sun Communities, Inc. | Real Estate | 61.31% | $13.85B |
| 9 | FNV | Franco-Nevada Corporation | Basic Materials | 61.01% | $50.47B |
| 10 | MTG | MGIC Investment Corporation | Financial Services | 60.84% | $6.04B |
| 11 | APP | AppLovin Corporation | Communication Services | 60.83% | $110.49B |
| 12 | UNIT | Uniti Group Inc. | Real Estate | 58.39% | $2.30B |
| 13 | SNDK | Sandisk Corporation | Technology | 56.46% | $258.67B |
| 14 | FIX | Comfort Systems USA, Inc. | Industrials | 55.84% | $57.46B |
| 15 | NVDA | NVIDIA Corporation | Technology | 55.60% | $5490.54B |
| 16 | ESNT | Essent Group Ltd. | Financial Services | 54.72% | $5.97B |
| 17 | ACT | Enact Holdings, Inc. | Financial Services | 54.56% | $6.61B |
| 18 | TCOM | Trip.com Group Limited | Consumer Cyclical | 53.36% | $25.60B |
| 19 | NTNX | Nutanix, Inc. | Technology | 52.81% | $18.95B |
| 20 | VNO | Vornado Realty Trust | Real Estate | 51.76% | $6.64B |
| 21 | V | Visa Inc. | Financial Services | 50.15% | $694.53B |
| 22 | VRSN | VeriSign, Inc. | Technology | 49.84% | $27.86B |
| 23 | BAM | Brookfield Corporation | Financial Services | 49.78% | $73.82B |
| 24 | FUTU | Futu Holdings Limited | Financial Services | 49.62% | $15.99B |
| 25 | AGI | Alamos Gold Inc. | Basic Materials | 48.97% | $14.74B |
| 26 | RDN | Radian Group Inc. | Financial Services | 48.67% | $4.54B |
| 27 | BVN | Compañía de Minas Buenaventura S.A.A. | Basic Materials | 47.94% | $8.53B |
| 28 | DAC | Danaos Corporation | Industrials | 47.45% | $2.91B |
| 29 | MA | Mastercard Incorporated | Financial Services | 45.65% | $497.27B |
| 30 | AGO | Assured Guaranty Ltd. | Financial Services | 45.32% | $3.13B |
| 31 | AFRM | Affirm Holdings, Inc. | Financial Services | 45.29% | $23.97B |
| 32 | RGLD | Royal Gold, Inc. | Basic Materials | 45.25% | $21.19B |
| 33 | EWBC | East West Bancorp, Inc. | Financial Services | 45.19% | $17.51B |
| 34 | BYD | Boyd Gaming Corporation | Consumer Cyclical | 45.05% | $5.27B |
| 35 | LYFT | Lyft, Inc. | Technology | 45.03% | $5.78B |
| 36 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | 44.50% | $2308.71B |
| 37 | AER | AerCap Holdings N.V. | Industrials | 44.04% | $22.48B |
| 38 | HOMB | Home BancShares, Inc. | Financial Services | 43.58% | $5.92B |
| 39 | PB | Prosperity Bancshares, Inc. | Financial Services | 43.43% | $8.40B |
| 40 | HOOD | Robinhood Markets, Inc. | Financial Services | 42.10% | $110.86B |
| 41 | UTHR | United Therapeutics Corporation | Healthcare | 41.94% | $21.15B |
| 42 | GFI | Gold Fields Limited | Basic Materials | 41.66% | $37.41B |
| 43 | VAL | Valaris Limited | Energy | 41.33% | $5.68B |
| 44 | MSFT | Microsoft Corporation | Technology | 40.31% | $3724.73B |
| 45 | DUOL | Duolingo, Inc. | Technology | 39.91% | $6.99B |
| 46 | TW | Tradeweb Markets Inc. | Financial Services | 39.60% | $22.04B |
| 47 | PTCT | PTC Therapeutics, Inc. | Healthcare | 39.46% | $5.45B |
| 48 | NVAX | Novavax, Inc. | Healthcare | 39.19% | $1.72B |
| 49 | ZM | Zoom Communications, Inc. | Technology | 39.03% | $26.52B |
| 50 | CHKP | Check Point Software Technologies Ltd. | Technology | 38.78% | $13.71B |
| 51 | SLDE | Slide Insurance Holdings, Inc. | Financial Services | 38.41% | $2.83B |
| 52 | MSCI | MSCI Inc. | Financial Services | 38.36% | $40.64B |
| 53 | CBC | Central Bancompany, Inc. | Financial Services | 38.27% | $7.62B |
| 54 | MPLX | MPLX LP | Energy | 38.10% | $59.91B |
| 55 | PLD | Prologis, Inc. | Real Estate | 37.86% | $129.07B |
| 56 | UBSI | United Bankshares, Inc. | Financial Services | 37.55% | $6.37B |
| 57 | SLM | SLM Corporation | Financial Services | 37.53% | $4.71B |
| 58 | SBAC | SBA Communications Corporation | Real Estate | 37.43% | $18.70B |
| 59 | ESS | Essex Property Trust, Inc. | Real Estate | 37.24% | $17.44B |
| 60 | PSA | Public Storage | Real Estate | 36.99% | $55.43B |
| 61 | ACAD | ACADIA Pharmaceuticals Inc. | Healthcare | 36.49% | $4.55B |
| 62 | PLTR | Palantir Technologies Inc. | Technology | 36.31% | $426.88B |
| 63 | AVGO | Broadcom Inc. | Technology | 36.20% | $1731.20B |
| 64 | AL | Air Lease Corp | Industrials | 36.09% | $7.28B |
| 65 | PUK | Prudential plc | Financial Services | 35.85% | $32.41B |
| 66 | YMM | Full Truck Alliance Co. Ltd. | Technology | 35.70% | $8.51B |
| 67 | KLAC | KLA Corporation | Technology | 35.57% | $240.37B |
| 68 | DTM | DT Midstream, Inc. | Energy | 35.48% | $12.76B |
| 69 | CRDO | Credo Technology Group Holding Ltd | Technology | 35.37% | $35.20B |
| 70 | AM | Antero Midstream Corporation | Energy | 35.17% | $9.99B |
| 71 | KGC | Kinross Gold Corporation | Basic Materials | 35.03% | $32.97B |
| 72 | AVB | AvalonBay Communities Inc | Real Estate | 34.75% | $26.28B |
| 73 | WBS | Webster Financial Corp | Financial Services | 34.59% | $12.57B |
| 74 | AMG | Affiliated Managers Group, Inc. | Financial Services | 34.54% | $9.43B |
No companies match this search.
How this ranking is built
Companies are ranked by net margin 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 $1 billion in annual revenue or above, so a small filer with a freak ratio cannot top the list.
- Value range: Only figures above 0% and up to 100% qualify.
- 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.