Top Industrials Stocks by Share Buybacks
Top industrials companies ranked by share buybacks, latest annual filings.
What Share Buybacks Mean for Industrials Companies
Share buybacks in industrials follow the cycle. Programs tend to peak in mid to late expansion when backlogs are strong and cash generation is robust, and they pause or slow sharply during downturns as management preserves liquidity against demand uncertainty. Aerospace, defense, and diversified industrials with visible long-cycle backlogs run more stable programs than pure-play cyclicals whose cash flow swings more dramatically with end-market demand.
Why It Matters in Industrials
Sustained buybacks in an industrial name signal through-cycle cash discipline and confidence in backlog conversion. But the timing risk is real: peak-cycle buybacks often look poor in hindsight because valuations are highest just as earnings are peaking. Pairing the buyback figure with inventory trends and backlog disclosures helps separate genuine capital return from pro-cyclical share repurchase programs that destroy value at the top of a cycle.
What to Read Alongside
Read buybacks alongside [Free Cash Flow](/financials/top-free-cash-flow-stocks/industrials/) to confirm self-funding through the cycle, [Net Income](/financials/top-net-income-stocks/industrials/) for earnings context, and [Capex](/financials/biggest-capex-stocks/industrials/) since industrials must fund plant and equipment renewal before any capital return.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | GE | GE Aerospace | Industrials | $7.55B | $328.28B |
| 2 | JCI | Johnson Controls International plc | Industrials | $5.99B | $89.66B |
| 3 | CAT | Caterpillar Inc. | Industrials | $5.19B | $426.59B |
| 4 | HON | Honeywell International Inc. | Industrials | $3.80B | $141.47B |
| 5 | GEV | GE Vernova Inc. | Industrials | $3.32B | $257.80B |
| 6 | MMM | 3M Company | Industrials | $3.25B | $79.10B |
| 7 | FDX | FedEx Corporation | Industrials | $3.02B | $77.42B |
| 8 | LMT | Lockheed Martin Corporation | Industrials | $3.00B | $118.06B |
| 9 | CARR | Carrier Global Corporation | Industrials | $2.89B | $56.13B |
| 10 | UNP | Union Pacific Corporation | Industrials | $2.68B | $155.63B |
| 11 | LUV | Southwest Airlines Co. | Industrials | $2.55B | $19.98B |
| 12 | URI | United Rentals, Inc. | Industrials | $1.97B | $66.19B |
| 13 | ETN | Eaton Corporation plc | Industrials | $1.86B | $163.56B |
| 14 | PH | Parker-Hannifin Corporation | Industrials | $1.77B | $107.27B |
| 15 | NOC | Northrop Grumman Corporation | Industrials | $1.62B | $74.72B |
| 16 | ITW | Illinois Tool Works Inc. | Industrials | $1.50B | $72.00B |
| 17 | TT | Trane Technologies plc | Industrials | $1.48B | $102.98B |
| 18 | CSX | CSX Corporation | Industrials | $1.40B | $86.29B |
| 19 | CSL | Carlisle Companies Incorporated | Industrials | $1.30B | $13.88B |
| 20 | GPN | Global Payments Inc. | Industrials | $1.19B | $18.56B |
| 21 | EMR | Emerson Electric Co. | Industrials | $1.17B | $78.91B |
| 22 | LHX | L3Harris Technologies, Inc. | Industrials | $1.15B | $56.53B |
| 23 | DE | Deere & Company | Industrials | $1.14B | $158.80B |
| 24 | GWW | W.W. Grainger, Inc. | Industrials | $1.04B | $60.63B |
| 25 | IR | Ingersoll Rand Inc. | Industrials | $1.02B | $27.42B |
| 26 | UPS | United Parcel Service, Inc. | Industrials | $1.00B | $92.37B |
| 27 | FERG | Ferguson Enterprises Inc. | Industrials | $0.95B | $43.85B |
| 28 | CTAS | Cintas Corporation | Industrials | $0.93B | $69.91B |
| 29 | EFX | Equifax Inc. | Industrials | $0.93B | $20.26B |
| 30 | JBHT | J.B. Hunt Transport Services, Inc. | Industrials | $0.92B | $26.41B |
| 31 | RSG | Republic Services, Inc. | Industrials | $0.87B | $62.83B |
| 32 | FCN | FTI Consulting, Inc. | Industrials | $0.86B | $4.66B |
| 33 | TXT | Textron Inc. | Industrials | $0.82B | $15.89B |
| 34 | OC | Owens Corning | Industrials | $0.81B | $9.68B |
| 35 | OTIS | Otis Worldwide Corporation | Industrials | $0.81B | $26.83B |
| 36 | J | Jacobs Solutions Inc. | Industrials | $0.75B | $14.32B |
| 37 | FLR | Fluor Corporation | Industrials | $0.75B | $7.01B |
| 38 | ODFL | Old Dominion Freight Line, Inc. | Industrials | $0.73B | $49.09B |
| 39 | MIDD | The Middleby Corporation | Industrials | $0.72B | $7.06B |
| 40 | HWM | Howmet Aerospace Inc. | Industrials | $0.70B | $99.48B |
| 41 | EXPD | Expeditors International of Washington, Inc. | Industrials | $0.67B | $20.76B |
| 42 | UAL | United Airlines Holdings, Inc. | Industrials | $0.64B | $34.13B |
| 43 | GD | General Dynamics Corporation | Industrials | $0.64B | $91.15B |
| 44 | VRSK | Verisk Analytics, Inc. | Industrials | $0.62B | $23.37B |
| 45 | ADT | ADT Inc. | Industrials | $0.61B | $5.07B |
| 46 | BAH | Booz Allen Hamilton Holding Corporation | Industrials | $0.60B | $9.40B |
| 47 | EME | EMCOR Group, Inc. | Industrials | $0.59B | $37.31B |
| 48 | MAS | Masco Corporation | Industrials | $0.57B | $14.03B |
| 49 | ALK | Alaska Air Group, Inc. | Industrials | $0.57B | $4.67B |
| 50 | DOV | Dover Corporation | Industrials | $0.54B | $28.75B |
| 51 | NSC | Norfolk Southern Corporation | Industrials | $0.53B | $68.53B |
| 52 | ITT | ITT Inc. | Industrials | $0.52B | $17.35B |
| 53 | R | Ryder System, Inc. | Industrials | $0.52B | $10.07B |
| 54 | WCN | Waste Connections, Inc. | Industrials | $0.51B | $38.34B |
| 55 | TDG | TransDigm Group Incorporated | Industrials | $0.50B | $67.77B |
| 56 | LII | Lennox International Inc. | Industrials | $0.48B | $17.93B |
| 57 | ATI | ATI Inc. | Industrials | $0.47B | $24.56B |
| 58 | CW | Curtiss-Wright Corporation | Industrials | $0.46B | $27.11B |
| 59 | HXL | Hexcel Corporation | Industrials | $0.45B | $6.64B |
| 60 | MMS | Maximus, Inc. | Industrials | $0.45B | $3.16B |
| 61 | BLD | TopBuild Corp. | Industrials | $0.43B | $11.50B |
| 62 | AME | AMETEK, Inc. | Industrials | $0.43B | $52.31B |
| 63 | ROK | Rockwell Automation, Inc. | Industrials | $0.42B | $51.38B |
| 64 | GGG | Graco Inc. | Industrials | $0.42B | $12.25B |
| 65 | BLDR | Builders FirstSource, Inc. | Industrials | $0.41B | $7.99B |
| 66 | AOS | A. O. Smith Corporation | Industrials | $0.40B | $7.82B |
| 67 | ACM | AECOM | Industrials | $0.39B | $9.31B |
| 68 | PBI | Pitney Bowes Inc. | Industrials | $0.38B | $2.23B |
| 69 | ENS | EnerSys | Industrials | $0.37B | $8.77B |
| 70 | CHRW | C.H. Robinson Worldwide, Inc. | Industrials | $0.35B | $21.30B |
| 71 | KEX | Kirby Corporation | Industrials | $0.35B | $7.74B |
| 72 | POOL | Pool Corporation | Industrials | $0.35B | $6.58B |
| 73 | LECO | Lincoln Electric Holdings, Inc. | Industrials | $0.34B | $14.40B |
| 74 | DCI | Donaldson Company, Inc. | Industrials | $0.33B | $9.88B |
| 75 | KBR | KBR, Inc. | Industrials | $0.33B | $4.53B |
| 76 | SNA | Snap-on Incorporated | Industrials | $0.33B | $19.55B |
| 77 | NDSN | Nordson Corporation | Industrials | $0.31B | $16.13B |
| 78 | MATX | Matson, Inc. | Industrials | $0.30B | $5.62B |
| 79 | TTC | The Toro Company | Industrials | $0.29B | $8.82B |
| 80 | OSK | Oshkosh Corporation | Industrials | $0.28B | $8.36B |
| 81 | FLS | Flowserve Corporation | Industrials | $0.25B | $9.64B |
| 82 | NVT | nVent Electric plc | Industrials | $0.25B | $28.53B |
| 83 | CLH | Clean Harbors, Inc. | Industrials | $0.25B | $15.15B |
| 84 | AGCO | AGCO Corporation | Industrials | $0.25B | $8.66B |
| 85 | TTEK | Tetra Tech, Inc. | Industrials | $0.25B | $7.21B |
| 86 | IEX | IDEX Corporation | Industrials | $0.25B | $15.94B |
| 87 | FBIN | Fortune Brands Innovations, Inc. | Industrials | $0.25B | $4.63B |
| 88 | MLI | Mueller Industries, Inc. | Industrials | $0.24B | $14.52B |
| 89 | CXW | CoreCivic, Inc. | Industrials | $0.23B | $2.15B |
| 90 | HUBB | Hubbell Incorporated | Industrials | $0.23B | $25.62B |
| 91 | PNR | Pentair plc | Industrials | $0.23B | $11.55B |
| 92 | WAB | Westinghouse Air Brake Technologies Corporation | Industrials | $0.22B | $44.59B |
| 93 | FIX | Comfort Systems USA, Inc. | Industrials | $0.22B | $65.09B |
| 94 | BCO | The Brink's Company | Industrials | $0.21B | $4.15B |
| 95 | GXO | GXO Logistics, Inc. | Industrials | $0.20B | $5.65B |
| 96 | CMC | Commercial Metals Company | Industrials | $0.20B | $8.49B |
| 97 | VMI | Valmont Industries, Inc. | Industrials | $0.20B | $10.62B |
| 98 | GFF | Griffon Corporation | Industrials | $0.18B | $3.95B |
| 99 | TNET | TriNet Group, Inc. | Industrials | $0.18B | $2.09B |
| 100 | LSTR | Landstar System, Inc. | Industrials | $0.18B | $7.30B |
No companies match this search.
How this ranking is built
Companies are ranked by share buybacks 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.