Top Communication Services Stocks by Return on Equity
Top communication services companies ranked by return on equity, latest annual filings.
What Return on Equity Means for Communication Services Companies
Return on Equity divides net income by shareholder equity and measures how efficiently capital gets turned into profit. In communication services, the metric splits sharply along subsector lines. Legacy telcos often post elevated figures built largely on debt-financed buybacks and shrinking book value, while digital platforms tend to grow their equity base faster than earnings as retained profit gets reinvested into content, infrastructure, and acquisitions.
Why It Matters Less in Communication Services
Platform firms frequently show genuine scale-driven efficiency in Return on Equity, but the ratio can flatter legacy telcos in ways that overstate operational strength. Buybacks paired with rising debt produce optically impressive Return on Equity figures even as underlying subscriber bases decline. Meaningful comparison requires separating the two subsector patterns and weighing the ratio against subscriber growth, content investment, and capital-return history rather than at face value.
What to Read Alongside
Pair Return on Equity with [Net Income](/financials/top-net-income-stocks/communication-services/) to see absolute earnings, [Long-term Debt](/financials/most-indebted-stocks/communication-services/) to check how much leverage is supporting the ratio, and [Gross Margin](/financials/top-gross-margin-stocks/communication-services/) to judge the quality of underlying earnings.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | WMG | Warner Music Group Corp. | Communication Services | 56.41% | $14.85B |
| 2 | SOGP | Sound Group Inc. | Communication Services | 55.02% | $0.05B |
| 3 | EVER | EverQuote, Inc. | Communication Services | 41.72% | $0.71B |
| 4 | NFLX | Netflix, Inc. | Communication Services | 41.26% | $338.30B |
| 5 | TIGO | Millicom International Cellular S.A. | Communication Services | 37.61% | $15.71B |
| 6 | VEON | VEON Ltd. | Communication Services | 36.17% | $3.63B |
| 7 | JOYY | JOYY Inc. | Communication Services | 32.08% | $3.42B |
| 8 | GOOG | Alphabet Inc. | Communication Services | 31.83% | $4367.74B |
| 9 | CHTR | Charter Communications, Inc. | Communication Services | 31.06% | $17.93B |
| 10 | SOHU | Sohu.com Limited | Communication Services | 30.84% | $0.35B |
| 11 | META | Meta Platforms, Inc. | Communication Services | 27.83% | $1439.24B |
| 12 | IRDM | Iridium Communications Inc. | Communication Services | 24.72% | $5.00B |
| 13 | LFS | Leifras Co., Ltd. | Communication Services | 23.74% | $0.05B |
| 14 | IDT | IDT Corporation | Communication Services | 23.73% | $1.36B |
| 15 | HAO | Haoxi Health Technology Limited | Communication Services | 22.31% | $0.00B |
| 16 | UCL | uCloudlink Group Inc. | Communication Services | 21.87% | $0.04B |
| 17 | NTES | NetEase, Inc. | Communication Services | 21.71% | $80.61B |
| 18 | CMCSA | Comcast Corporation | Communication Services | 20.64% | $87.52B |
| 19 | AMX | América Móvil, S.A.B. de C.V. | Communication Services | 20.60% | $83.35B |
| 20 | YELP | Yelp Inc. | Communication Services | 20.48% | $1.27B |
| 21 | FOX | Fox Corporation | Communication Services | 19.17% | $24.76B |
| 22 | TMUS | T-Mobile US, Inc. | Communication Services | 18.57% | $204.64B |
| 23 | UPWK | Upwork Inc. | Communication Services | 18.31% | $1.05B |
| 24 | IPG | The Interpublic Group of Companies, Inc. | Communication Services | 18.16% | $8.93B |
| 25 | RDDT | Reddit, Inc. | Communication Services | 18.09% | $31.21B |
| 26 | TTD | The Trade Desk, Inc. | Communication Services | 17.84% | $9.06B |
| 27 | T | AT&T Inc. | Communication Services | 17.36% | $163.84B |
| 28 | NYT | The New York Times Company | Communication Services | 16.85% | $11.88B |
| 29 | VZ | Verizon Communications Inc. | Communication Services | 16.65% | $200.89B |
| 30 | TLK | Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk | Communication Services | 16.02% | $15.65B |
| 31 | MGNI | Magnite, Inc. | Communication Services | 15.68% | $2.33B |
| 32 | GCL | GCL Global Holdings Ltd | Communication Services | 15.58% | $0.05B |
| 33 | TKO | TKO Group Holdings, Inc. | Communication Services | 14.62% | $15.25B |
| 34 | AENT | Alliance Entertainment Holding Corporation | Communication Services | 14.61% | $0.27B |
| 35 | ACCS | ACCESS Newswire Inc. | Communication Services | 14.14% | $0.02B |
| 36 | WIMI | WiMi Hologram Cloud Inc. | Communication Services | 14.00% | $0.03B |
| 37 | CTW | CTW | Communication Services | 13.85% | $0.15B |
| 38 | BZ | Kanzhun Limited | Communication Services | 13.66% | $6.16B |
| 39 | NWS | News Corporation | Communication Services | 13.45% | $15.93B |
| 40 | EA | Electronic Arts Inc. | Communication Services | 13.11% | $50.97B |
| 41 | NRDS | NerdWallet, Inc. | Communication Services | 13.00% | $0.56B |
| 42 | CRTO | Criteo S.A. | Communication Services | 12.97% | $0.90B |
| 43 | GOGO | Gogo Inc. | Communication Services | 12.78% | $0.49B |
| 44 | GMHS | Gamehaus Holdings Inc. | Communication Services | 11.92% | $0.05B |
| 45 | WLY | John Wiley & Sons, Inc. | Communication Services | 11.48% | $2.27B |
| 46 | WB | Weibo Corporation | Communication Services | 11.45% | $1.88B |
| 47 | DIS | The Walt Disney Company | Communication Services | 11.29% | $173.72B |
| 48 | DDI | DoubleDown Interactive Co., Ltd. | Communication Services | 10.80% | $0.59B |
| 49 | OPRA | Opera Limited | Communication Services | 10.71% | $1.63B |
| 50 | RDCM | RADCOM Ltd. | Communication Services | 10.51% | $0.21B |
| 51 | AMCX | AMC Global Media Inc. | Communication Services | 10.37% | $0.44B |
| 52 | IMAX | IMAX Corporation | Communication Services | 10.33% | $2.32B |
| 53 | CHT | Chunghwa Telecom Co., Ltd. | Communication Services | 10.16% | $35.75B |
| 54 | CNVS | Cineverse Corp. | Communication Services | 9.71% | $0.06B |
| 55 | KYIV | Kyivstar Group Ltd. | Communication Services | 9.55% | $3.15B |
| 56 | VSNT | Versant Media Group, Inc. | Communication Services | 9.04% | $5.73B |
| 57 | PINS | Pinterest, Inc. | Communication Services | 8.78% | $11.32B |
| 58 | CXDO | Crexendo, Inc. | Communication Services | 7.95% | $0.23B |
| 59 | SSTK | Shutterstock, Inc. | Communication Services | 7.83% | $0.52B |
| 60 | BILI | Bilibili Inc. | Communication Services | 7.66% | $7.44B |
| 61 | MOMO | Hello Group Inc. | Communication Services | 7.28% | $0.84B |
| 62 | FWONA | Formula One Group | Communication Services | 7.15% | $20.55B |
| 63 | TGNA | Tegna Inc | Communication Services | 6.97% | $3.24B |
| 64 | SIRI | Sirius XM Holdings Inc. | Communication Services | 6.96% | $9.26B |
| 65 | CHR | Cheer Holding, Inc. | Communication Services | 6.93% | $0.00B |
| 66 | ATHM | Autohome Inc. | Communication Services | 6.26% | $2.02B |
| 67 | EDUC | Educational Development Corporation | Communication Services | 5.43% | $0.01B |
| 68 | NEXN | Nexxen International Ltd. | Communication Services | 5.28% | $0.48B |
| 69 | FVRR | Fiverr International Ltd. | Communication Services | 5.09% | $0.36B |
| 70 | ANGI | Angi Inc. | Communication Services | 4.73% | $0.23B |
| 71 | TBLA | Taboola.com Ltd. | Communication Services | 4.66% | $1.30B |
| 72 | DV | DoubleVerify Holdings, Inc. | Communication Services | 4.48% | $1.57B |
| 73 | CARS | Cars.com Inc. | Communication Services | 4.25% | $0.53B |
| 74 | STGW | Stagwell Inc. | Communication Services | 4.04% | $1.64B |
| 75 | NXST | Nexstar Media Group, Inc. | Communication Services | 4.02% | $5.33B |
| 76 | IAS | Integral Ad Science Holding Corp. | Communication Services | 3.75% | $1.74B |
| 77 | ROKU | Roku, Inc. | Communication Services | 3.32% | $21.22B |
| 78 | MCS | The Marcus Corporation | Communication Services | 2.77% | $0.69B |
| 79 | ZD | Ziff Davis, Inc. | Communication Services | 2.70% | $1.70B |
| 80 | AD | Array Digital Infrastructure, Inc. | Communication Services | 2.69% | $3.52B |
| 81 | RSVR | Reservoir Media, Inc. | Communication Services | 2.20% | $0.67B |
| 82 | BIDU | Baidu, Inc. | Communication Services | 2.10% | $39.39B |
| 83 | WBD | Warner Bros. Discovery, Inc. | Communication Services | 2.02% | $67.64B |
| 84 | DALN | DallasNews Corporation | Communication Services | 1.92% | $0.09B |
| 85 | TC | Token Cat Limited | Communication Services | 1.71% | $0.25B |
| 86 | SPHR | Sphere Entertainment Co. | Communication Services | 1.50% | $5.49B |
| 87 | TDAY | USA TODAY Co., Inc. | Communication Services | 1.13% | $1.14B |
| 88 | GCI | Gannett Co., Inc. | Communication Services | 1.13% | $0.67B |
| 89 | ZG | Zillow Group, Inc. | Communication Services | 0.47% | $7.37B |
| 90 | TDS | Telephone and Data Systems, Inc. | Communication Services | 0.42% | $4.57B |
| 91 | IZEA | IZEA Worldwide, Inc. | Communication Services | 0.09% | $0.06B |
| 92 | SCHL | Scholastic Corporation | Communication Services | -0.20% | $0.81B |
| 93 | OMC | Omnicom Group Inc. | Communication Services | -0.45% | $21.85B |
| 94 | PERI | Perion Network Ltd. | Communication Services | -1.17% | $0.33B |
| 95 | DOYU | DouYu International Holdings Limited | Communication Services | -1.46% | $0.15B |
| 96 | IQ | iQIYI, Inc. | Communication Services | -1.55% | $0.99B |
| 97 | IAC | People Inc | Communication Services | -2.20% | $3.14B |
| 98 | HUYA | HUYA Inc. | Communication Services | -2.29% | $0.57B |
| 99 | GSAT | Globalstar, Inc. | Communication Services | -2.43% | $10.45B |
| 100 | SWAG | Stran & Company, Inc. | Communication Services | -2.45% | $0.04B |
No companies match this search.
How this ranking is built
Companies are ranked by return on equity 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.