Top Technology Stocks by Return on Equity
Top technology companies ranked by return on equity, latest annual filings.
What Return on Equity Means for Technology Companies
Return on Equity divides net income by shareholder equity and gauges how efficiently capital gets turned into profit. In technology, software-centric firms often post elevated ratios because the equity base grows slowly relative to fast-expanding earnings, and capital requirements to scale a platform are modest. Once network effects and retention compound, profit rises faster than the book value tied up in the business.
Why It Matters Less in Technology
High tech Return on Equity often reflects durable platform economics that generate profit with little incremental capital, which is a genuinely distinguishing characteristic. Yet the ratio is easily inflated by aggressive buybacks that shrink the equity denominator even when earnings are flat, and stock-based compensation charges, a significant expense for many tech firms, complicate the book value that sits in the denominator, so the ratio deserves to be decomposed rather than taken at face value.
What to Read Alongside
Pair Return on Equity with [Net Income](/financials/top-net-income-stocks/technology/) to see the numerator in absolute terms, [Long-term Debt](/financials/most-indebted-stocks/technology/) to check how leverage effects shape the ratio, and [Gross Margin](/financials/top-gross-margin-stocks/technology/) to judge the underlying earnings quality.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | YOU | Clear Secure, Inc. | Technology | 94.61% | $5.49B |
| 2 | NTAP | NetApp, Inc. | Technology | 94.45% | $35.30B |
| 3 | MSI | Motorola Solutions, Inc. | Technology | 89.38% | $68.18B |
| 4 | LYFT | Lyft, Inc. | Technology | 86.88% | $5.36B |
| 5 | KLAC | KLA Corporation | Technology | 86.56% | $278.38B |
| 6 | GOAI | Eva Live, Inc. | Technology | 83.84% | $0.11B |
| 7 | PD | PagerDuty, Inc. | Technology | 79.76% | $0.73B |
| 8 | XNET | Xunlei Limited | Technology | 76.32% | $0.32B |
| 9 | MANH | Manhattan Associates, Inc. | Technology | 69.88% | $8.91B |
| 10 | HTCR | HeartCore Enterprises, Inc. | Technology | 65.99% | $0.01B |
| 11 | ADP | Automatic Data Processing, Inc. | Technology | 65.93% | $92.46B |
| 12 | SKYT | SkyWater Technology, Inc. | Technology | 63.31% | $1.87B |
| 13 | NVDA | NVIDIA Corporation | Technology | 61.42% | $5296.16B |
| 14 | ADBE | Adobe Inc. | Technology | 61.34% | $104.45B |
| 15 | ORCL | Oracle Corporation | Technology | 60.84% | $679.72B |
| 16 | TDC | Teradata Corporation | Technology | 56.52% | $3.28B |
| 17 | DAVE | Dave Inc. | Technology | 55.57% | $3.33B |
| 18 | LRCX | Lam Research Corporation | Technology | 54.33% | $420.70B |
| 19 | DCBO | Docebo Inc. | Technology | 50.63% | $0.45B |
| 20 | PEGA | Pegasystems Inc. | Technology | 49.97% | $5.92B |
| 21 | DTST | Data Storage Corporation | Technology | 46.95% | $0.01B |
| 22 | VRRM | Verra Mobility Corporation | Technology | 46.63% | $0.65B |
| 23 | JBL | Jabil Inc. | Technology | 43.42% | $39.44B |
| 24 | FEIM | Frequency Electronics, Inc. | Technology | 42.06% | $0.71B |
| 25 | CDW | CDW Corporation | Technology | 40.93% | $17.82B |
| 26 | NATL | NCR Atleos Corporation | Technology | 40.20% | $3.26B |
| 27 | PAYX | Paychex, Inc. | Technology | 40.15% | $35.64B |
| 28 | EGAN | eGain Corporation | Technology | 39.95% | $0.21B |
| 29 | FORTY | Formula Systems (1985) Ltd. | Technology | 37.63% | $2.12B |
| 30 | CLS | Celestica Inc. | Technology | 37.56% | $48.90B |
| 31 | GEN | Gen Digital Inc. | Technology | 37.27% | $15.98B |
| 32 | UBER | Uber Technologies, Inc. | Technology | 37.18% | $146.99B |
| 33 | IDCC | InterDigital, Inc. | Technology | 36.93% | $6.75B |
| 34 | HKD | AMTD Digital Inc. | Technology | 36.79% | $0.56B |
| 35 | CHKP | Check Point Software Technologies Ltd. | Technology | 36.67% | $14.20B |
| 36 | TOYO | TOYO Co., Ltd. | Technology | 35.65% | $0.64B |
| 37 | WDC | Western Digital Corporation | Technology | 35.57% | $198.36B |
| 38 | QLYS | Qualys, Inc. | Technology | 35.34% | $3.93B |
| 39 | ADSK | Autodesk, Inc. | Technology | 35.25% | $49.33B |
| 40 | DLO | DLocal Limited | Technology | 34.58% | $3.46B |
| 41 | VNT | Vontier Corporation | Technology | 32.64% | $3.99B |
| 42 | IBM | International Business Machines Corporation | Technology | 32.45% | $283.63B |
| 43 | AMAT | Applied Materials, Inc. | Technology | 32.22% | $398.33B |
| 44 | LOGI | Logitech International S.A. | Technology | 32.16% | $17.04B |
| 45 | APH | Amphenol Corporation | Technology | 31.83% | $180.56B |
| 46 | BR | Broadridge Financial Solutions, Inc. | Technology | 31.62% | $17.82B |
| 47 | NXTT | Next Technology Holding Inc. | Technology | 31.42% | $0.12B |
| 48 | TSM | Taiwan Semiconductor Manufacturing Company Limited | Technology | 31.41% | $2307.57B |
| 49 | DUOL | Duolingo, Inc. | Technology | 30.74% | $5.09B |
| 50 | TXN | Texas Instruments Incorporated | Technology | 30.73% | $277.92B |
| 51 | ACFN | Acorn Energy, Inc. | Technology | 30.42% | $0.04B |
| 52 | BKTI | BK Technologies Corporation | Technology | 30.28% | $0.31B |
| 53 | INOD | Innodata Inc. | Technology | 30.04% | $3.97B |
| 54 | MSFT | Microsoft Corporation | Technology | 29.65% | $3179.74B |
| 55 | AVGO | Broadcom Inc. | Technology | 28.95% | $1983.40B |
| 56 | LDOS | Leidos Holdings, Inc. | Technology | 28.88% | $15.67B |
| 57 | DJCO | Daily Journal Corporation | Technology | 28.68% | $0.73B |
| 58 | GCT | GigaCloud Technology Inc. | Technology | 28.28% | $1.21B |
| 59 | INFY | Infosys Limited | Technology | 28.09% | $50.89B |
| 60 | CPAY | Corpay, Inc. | Technology | 27.55% | $23.35B |
| 61 | LIF | Life360, Inc. | Technology | 27.51% | $3.87B |
| 62 | EXLS | ExlService Holdings, Inc. | Technology | 27.50% | $4.49B |
| 63 | IBEX | IBEX Limited | Technology | 27.45% | $0.40B |
| 64 | LHSW | Lianhe Sowell International Group Ltd | Technology | 26.95% | $0.01B |
| 65 | OSPN | OneSpan Inc. | Technology | 26.82% | $0.55B |
| 66 | ITRN | Ituran Location and Control Ltd. | Technology | 26.64% | $1.29B |
| 67 | PAYC | Paycom Software, Inc. | Technology | 26.19% | $6.39B |
| 68 | QCOM | QUALCOMM Incorporated | Technology | 26.13% | $255.67B |
| 69 | NVEC | NVE Corporation | Technology | 26.09% | $0.53B |
| 70 | APPF | AppFolio, Inc. | Technology | 25.97% | $5.79B |
| 71 | CTLP | Cantaloupe Inc | Technology | 25.71% | $0.83B |
| 72 | SAIC | Science Applications International Corporation | Technology | 25.16% | $4.93B |
| 73 | NXT | Nextpower Inc. | Technology | 25.10% | $22.59B |
| 74 | WEX | WEX Inc. | Technology | 24.63% | $5.09B |
| 75 | ACN | Accenture plc | Technology | 24.61% | $109.81B |
| 76 | EEFT | Euronet Worldwide, Inc. | Technology | 23.67% | $2.70B |
| 77 | BSY | Bentley Systems, Incorporated | Technology | 23.36% | $10.04B |
| 78 | EVTC | EVERTEC, Inc. | Technology | 23.33% | $1.40B |
| 79 | ADEA | Adeia Inc. | Technology | 23.11% | $3.57B |
| 80 | AWRE | Aware, Inc. | Technology | 22.47% | $0.03B |
| 81 | CRCT | Cricut, Inc. | Technology | 22.33% | $0.87B |
| 82 | PLTR | Palantir Technologies Inc. | Technology | 22.00% | $339.70B |
| 83 | CRM | Salesforce, Inc. | Technology | 21.78% | $154.59B |
| 84 | IMMR | Immersion Corporation | Technology | 21.73% | $0.22B |
| 85 | CSCO | Cisco Systems, Inc. | Technology | 21.72% | $512.39B |
| 86 | G | Genpact Limited | Technology | 21.67% | $5.57B |
| 87 | JKHY | Jack Henry & Associates, Inc. | Technology | 21.39% | $9.29B |
| 88 | JTAI | Jet.AI Inc. | Technology | 20.88% | $0.01B |
| 89 | SNCR | Synchronoss Technologies, Inc. | Technology | 20.67% | $0.10B |
| 90 | WNS | WNS (Holdings) Limited | Technology | 20.31% | $3.29B |
| 91 | IMXI | International Money Express, Inc. | Technology | 20.29% | $0.46B |
| 92 | CDNS | Cadence Design Systems, Inc. | Technology | 20.26% | $113.55B |
| 93 | NXPI | NXP Semiconductors N.V. | Technology | 20.10% | $81.35B |
| 94 | INTU | Intuit Inc. | Technology | 20.02% | $82.60B |
| 95 | ATEN | A10 Networks, Inc. | Technology | 19.92% | $2.28B |
| 96 | BMI | Badger Meter, Inc. | Technology | 19.86% | $3.73B |
| 97 | TER | Teradyne, Inc. | Technology | 19.82% | $63.69B |
| 98 | TSSI | TSS, Inc. | Technology | 19.74% | $0.41B |
| 99 | FATN | FatPipe, Inc. | Technology | 19.71% | $0.11B |
| 100 | CSGS | CSG Systems International, Inc. | Technology | 19.70% | $2.30B |
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.