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Top Industrials Stocks by Revenue

Top industrials companies ranked by revenue, latest annual filings.

What Revenue Means for Industrials Companies

Revenue in industrials is dollars booked from selling machinery, transportation services, aerospace components, building products, or engineered systems, typically tied to physical unit shipments or completed projects. The top line tracks the industrial economy closely, rising with capital spending cycles and cooling when customers defer new orders, which is why backlog disclosures and book-to-bill ratios often matter as much as the reported revenue itself.

Why It Matters in Industrials

Industrials tend to carry heavy fixed costs, so revenue above breakeven flows powerfully to operating profit, while a revenue shortfall can swing the income statement the other way just as fast. That operating leverage is the defining dynamic of the sector. Still, headline revenue can lag real demand because long-duration contracts and percentage-of-completion accounting smooth out the cycle the business is actually living through.

What to Read Alongside

Pair revenue with Operating Margin to see operating leverage convert volumes into profit, Free Cash Flow for working capital discipline across long project cycles, and Capex to gauge reinvestment intensity into plant and equipment.

Data as of FY 2025 100 companies Rhea AI
# Symbol Company Sector
1 FDX FedEx Corporation Industrials $94.72B $70.00B
2 BA The Boeing Company Industrials $89.46B $158.98B
3 UPS United Parcel Service, Inc. Industrials $88.66B $80.61B
4 RTX RTX Corporation Industrials $88.60B $261.92B
5 LMT Lockheed Martin Corporation Industrials $75.05B $123.57B
6 CAT Caterpillar Inc. Industrials $67.59B $375.32B
7 DAL Delta Air Lines, Inc. Industrials $63.36B $54.25B
8 UAL United Airlines Holdings, Inc. Industrials $59.07B $37.13B
9 AAL American Airlines Group Inc. Industrials $54.63B $8.98B
10 GD General Dynamics Corporation Industrials $52.55B $95.75B
11 GE GE Aerospace Industrials $45.85B $330.99B
12 DE Deere & Company Industrials $45.68B $184.62B
13 NOC Northrop Grumman Corporation Industrials $41.95B $74.82B
14 GEV GE Vernova Inc. Industrials $38.07B $252.01B
15 HON Honeywell International Inc. Industrials $37.44B $65.44B
16 CMI Cummins Inc. Industrials $33.67B $73.62B
17 FERG Ferguson Enterprises Inc. Industrials $30.76B $41.81B
18 PWR Quanta Services, Inc. Industrials $28.48B $96.61B
19 PCAR PACCAR Inc Industrials $28.44B $60.39B
20 LUV Southwest Airlines Co. Industrials $28.06B $20.43B
21 BBU Brookfield Business Partners LP Industrials $27.46B $2.79B
22 ETN Eaton Corporation plc Industrials $27.45B $169.12B
23 WM Waste Management, Inc. Industrials $25.20B $82.76B
24 MMM 3M Company Industrials $24.95B $85.08B
25 UNP Union Pacific Corporation Industrials $24.51B $160.18B
26 JCI Johnson Controls International plc Industrials $23.60B $87.94B
27 WCC WESCO International, Inc. Industrials $23.51B $17.32B
28 CARR Carrier Global Corporation Industrials $21.75B $45.02B
29 PH Parker-Hannifin Corporation Industrials $21.50B $120.84B
30 TT Trane Technologies plc Industrials $21.32B $95.34B
31 RSG Republic Services, Inc. Industrials $19.03B $65.51B
32 ARMK Aramark Industrials $18.51B $14.89B
33 CNH CNH Industrial N.V. Industrials $18.09B $21.68B
34 EMR Emerson Electric Co. Industrials $18.02B $83.63B
35 MAN ManpowerGroup Inc. Industrials $17.96B $2.63B
36 GWW W.W. Grainger, Inc. Industrials $17.94B $60.19B
37 EME EMCOR Group, Inc. Industrials $16.99B $33.42B
38 CHRW C.H. Robinson Worldwide, Inc. Industrials $16.23B $17.86B
39 ACM AECOM Industrials $16.14B $8.10B
40 URI United Rentals, Inc. Industrials $16.10B $64.10B
41 ITW Illinois Tool Works Inc. Industrials $16.04B $76.19B
42 FLR Fluor Corporation Industrials $15.50B $7.32B
43 BLDR Builders FirstSource, Inc. Industrials $15.19B $6.30B
44 SWK Stanley Black & Decker, Inc. Industrials $15.13B $13.39B
45 TXT Textron Inc. Industrials $14.80B $13.66B
46 OTIS Otis Worldwide Corporation Industrials $14.43B $25.37B
47 AMTM Amentum Holdings, Inc. Industrials $14.39B $4.87B
48 MTZ MasTec, Inc. Industrials $14.30B $17.90B
49 ALK Alaska Air Group, Inc. Industrials $14.24B $4.68B
50 CSX CSX Corporation Industrials $14.09B $85.20B
51 GXO GXO Logistics, Inc. Industrials $13.18B $5.21B
52 R Ryder System, Inc. Industrials $12.66B $9.09B
53 HII Huntington Ingalls Industries, Inc. Industrials $12.48B $10.88B
54 NSC Norfolk Southern Corporation Industrials $12.18B $69.42B
55 J Jacobs Solutions Inc. Industrials $12.03B $16.83B
56 JBHT J.B. Hunt Transport Services, Inc. Industrials $12.00B $22.18B
57 CAR Avis Budget Group, Inc. Industrials $11.65B $4.14B
58 CTAS Cintas Corporation Industrials $11.26B $78.79B
59 BAH Booz Allen Hamilton Holding Corporation Industrials $11.22B $9.31B
60 WAB Westinghouse Air Brake Technologies Corporation Industrials $11.17B $47.87B
61 SUNB Sunbelt Rentals Holdings, Inc. Industrials $11.15B $29.85B
62 EXPD Expeditors International of Washington, Inc. Industrials $11.07B $24.98B
63 OSK Oshkosh Corporation Industrials $10.42B $8.85B
64 VRT Vertiv Holdings Co Industrials $10.23B $96.58B
65 OC Owens Corning Industrials $10.10B $9.61B
66 AGCO AGCO Corporation Industrials $10.08B $8.40B
67 SEB Seaboard Corporation Industrials $9.75B $3.99B
68 WCN Waste Connections, Inc. Industrials $9.47B $39.13B
69 JBLU JetBlue Airways Corporation Industrials $9.06B $1.72B
70 XYL Xylem Inc. Industrials $9.04B $25.04B
71 TDG TransDigm Group Incorporated Industrials $8.83B $61.34B
72 FDXF FedEx Freight Holding Company, Inc. Industrials $8.79B $17.58B
73 ABM ABM Industries Incorporated Industrials $8.75B $2.90B
74 AER AerCap Holdings N.V. Industrials $8.52B $22.48B
75 HTZ Hertz Global Holdings, Inc. Industrials $8.50B $0.66B
76 ROK Rockwell Automation, Inc. Industrials $8.34B $47.18B
77 HWM Howmet Aerospace Inc. Industrials $8.25B $90.68B
78 FAST Fastenal Company Industrials $8.20B $56.97B
79 XPO XPO, Inc. Industrials $8.16B $20.41B
80 DOV Dover Corporation Industrials $8.09B $25.06B
81 ESLT Elbit Systems Ltd. Industrials $7.94B $35.18B
82 APG APi Group Corporation Industrials $7.91B $16.19B
83 TFII TFI International Inc. Industrials $7.88B $10.31B
84 CMC Commercial Metals Company Industrials $7.80B $7.08B
85 KBR KBR, Inc. Industrials $7.79B $4.51B
86 GPN Global Payments Inc. Industrials $7.71B $22.57B
87 IR Ingersoll Rand Inc. Industrials $7.65B $28.06B
88 CNM Core & Main, Inc. Industrials $7.65B $7.94B
89 EMBJ Embraer S.A. Industrials $7.58B $13.71B
90 PRIM Primoris Services Corporation Industrials $7.57B $4.14B
91 MAS Masco Corporation Industrials $7.56B $13.36B
92 TRI Thomson Reuters Corporation Industrials $7.48B $41.35B
93 REZI Resideo Technologies, Inc. Industrials $7.47B $2.86B
94 KNX Knight-Swift Transportation Holdings Inc. Industrials $7.47B $10.84B
95 AME AMETEK, Inc. Industrials $7.40B $55.30B
96 WSO Watsco, Inc. Industrials $7.24B $13.11B
97 ZTO ZTO Express (Cayman) Inc. Industrials $7.02B $14.64B
98 RTO Rentokil Initial plc Industrials $6.91B $10.75B
99 ZIM ZIM Integrated Shipping Services Ltd. Industrials $6.90B $3.67B
100 NSP Insperity, Inc. Industrials $6.81B $1.92B

How this ranking is built

Companies are ranked by revenue 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.