Top Consumer Defensive Stocks by Total Assets
Top consumer defensive companies ranked by total assets, latest annual filings.
What Total Assets Means for Consumer Defensive Companies
Total assets in consumer defensive records the machinery of getting staples onto shelves: production plants, distribution centers, trucks, inventory and receivables from grocery chains. What it mostly does not record is the brand. A name built over generations of advertising is expensed year by year and never reaches the balance sheet, unless it arrived through an acquisition and was booked as goodwill. The figures come from the latest annual accounts, at cost less depreciation.
Why It Matters Less in Consumer Defensive
That gap makes the total assets ranking a poor guide to brand strength in the sector. Two companies with equally trusted labels can show totals far apart purely because one grew by acquisition and carries the goodwill while the other grew from within. Where the figure does earn attention is capital intensity and working capital; a heavy plant and long supply lines tie up cash, and a base funded with debt narrows the room to absorb an input cost shock.
What to Read Alongside
Pair total assets with Return on Assets to see what the plant and distribution base earns, Revenue for the volume it moves, and Long-Term Debt to see how much of it is borrowed.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | WMT | Walmart Inc. | Consumer Defensive | $284.67B | $954.35B |
| 2 | BUD | Anheuser-Busch InBev SA/NV | Consumer Defensive | $218.81B | $161.43B |
| 3 | BTI | British American Tobacco p.l.c. | Consumer Defensive | $146.96B | $129.16B |
| 4 | PG | The Procter & Gamble Company | Consumer Defensive | $126.52B | $370.66B |
| 5 | PEP | PepsiCo, Inc. | Consumer Defensive | $107.40B | $184.60B |
| 6 | KO | The Coca-Cola Company | Consumer Defensive | $104.82B | $398.85B |
| 7 | COST | Costco Wholesale Corporation | Consumer Defensive | $89.05B | $445.42B |
| 8 | UL | Unilever PLC | Consumer Defensive | $82.70B | $141.29B |
| 9 | KHC | The Kraft Heinz Company | Consumer Defensive | $81.79B | $29.33B |
| 10 | MDLZ | Mondelez International, Inc. | Consumer Defensive | $71.49B | $80.37B |
| 11 | PM | Philip Morris International Inc. | Consumer Defensive | $69.19B | $314.64B |
| 12 | TGT | Target Corporation | Consumer Defensive | $59.49B | $67.48B |
| 13 | KDP | Keurig Dr Pepper Inc. | Consumer Defensive | $55.46B | $47.62B |
| 14 | ADM | Archer-Daniels-Midland Company | Consumer Defensive | $52.39B | $38.08B |
| 15 | KR | The Kroger Co. | Consumer Defensive | $49.95B | $39.43B |
| 16 | DEO | Diageo plc | Consumer Defensive | $46.84B | $52.51B |
| 17 | JBS | JBS N.V. | Consumer Defensive | $45.16B | $40.76B |
| 18 | BG | Bunge Global SA | Consumer Defensive | $44.53B | $19.64B |
| 19 | FMX | Fomento Económico Mexicano, S.A.B. de C.V. | Consumer Defensive | $44.20B | $42.58B |
| 20 | TSN | Tyson Foods, Inc. | Consumer Defensive | $36.66B | $19.84B |
| 21 | CCEP | Coca-Cola Europacific Partners PLC | Consumer Defensive | $35.06B | $49.32B |
| 22 | MO | Altria Group, Inc. | Consumer Defensive | $35.02B | $122.93B |
| 23 | DG | Dollar General Corporation | Consumer Defensive | $30.96B | $28.33B |
| 24 | GIS | General Mills, Inc. | Consumer Defensive | $30.02B | $18.02B |
| 25 | SYY | Sysco Corporation | Consumer Defensive | $28.40B | $40.42B |
| 26 | KVUE | Kenvue Inc. | Consumer Defensive | $27.08B | $37.46B |
| 27 | ACI | Albertsons Companies, Inc. | Consumer Defensive | $26.77B | $6.78B |
| 28 | TAP | Molson Coors Beverage Company | Consumer Defensive | $22.74B | $7.46B |
| 29 | STZ | Constellation Brands, Inc. | Consumer Defensive | $21.90B | $22.95B |
| 30 | EL | The Estée Lauder Companies Inc. | Consumer Defensive | $19.76B | $39.43B |
| 31 | PFGC | Performance Food Group Company | Consumer Defensive | $18.85B | $15.02B |
| 32 | CAG | Conagra Brands, Inc. | Consumer Defensive | $17.27B | $6.96B |
| 33 | KMB | Kimberly-Clark Corporation | Consumer Defensive | $17.10B | $36.46B |
| 34 | CL | Colgate-Palmolive Company | Consumer Defensive | $16.33B | $74.22B |
| 35 | SJM | The J. M. Smucker Company | Consumer Defensive | $16.22B | $13.74B |
| 36 | CPB | The Campbell's Company | Consumer Defensive | $15.65B | $6.15B |
| 37 | KOF | Coca-Cola FEMSA, S.A.B. de C.V. | Consumer Defensive | $14.77B | $24.35B |
| 38 | USFD | US Foods Holding Corp. | Consumer Defensive | $13.94B | $21.93B |
| 39 | HSY | The Hershey Company | Consumer Defensive | $13.74B | $33.80B |
| 40 | POST | Post Holdings, Inc. | Consumer Defensive | $13.53B | $3.54B |
| 41 | DLTR | Dollar Tree, Inc. | Consumer Defensive | $13.47B | $23.44B |
| 42 | HRL | Hormel Foods Corporation | Consumer Defensive | $13.39B | $11.53B |
| 43 | MKC | McCormick & Company, Incorporated | Consumer Defensive | $13.20B | $12.91B |
| 44 | SFD | Smithfield Foods, Inc. | Consumer Defensive | $12.18B | $7.21B |
| 45 | NWL | Newell Brands Inc. | Consumer Defensive | $10.71B | $2.30B |
| 46 | PRMB | Primo Brands Corporation | Consumer Defensive | $10.60B | $7.12B |
| 47 | PPC | Pilgrim's Pride Corporation | Consumer Defensive | $10.34B | $6.51B |
| 48 | DAR | Darling Ingredients Inc. | Consumer Defensive | $10.30B | $9.02B |
| 49 | COTY | Coty Inc. | Consumer Defensive | $10.20B | $2.84B |
| 50 | MNST | Monster Beverage Corporation | Consumer Defensive | $9.99B | $90.98B |
| 51 | CHD | Church & Dwight Co., Inc. | Consumer Defensive | $8.91B | $25.00B |
| 52 | EDU | New Oriental Education & Technology Group Inc. | Consumer Defensive | $8.79B | $9.05B |
| 53 | MICC | The Magnum Ice Cream Company N.V. | Consumer Defensive | $8.79B | $11.73B |
| 54 | INGR | Ingredion Incorporated | Consumer Defensive | $7.90B | $6.02B |
| 55 | BF | Brown-Forman Corporation | Consumer Defensive | $7.89B | $13.68B |
| 56 | BJ | BJ's Wholesale Club Holdings, Inc. | Consumer Defensive | $7.51B | $13.43B |
| 57 | NOMD | Nomad Foods Limited | Consumer Defensive | $7.43B | $1.66B |
| 58 | LW | Lamb Weston Holdings, Inc. | Consumer Defensive | $7.38B | $7.39B |
| 59 | UNFI | United Natural Foods, Inc. | Consumer Defensive | $7.11B | $2.91B |
| 60 | TAL | TAL Education Group | Consumer Defensive | $5.94B | $5.68B |
| 61 | MH | McGraw Hill, Inc. | Consumer Defensive | $5.49B | $2.76B |
| 62 | AGRO | Adecoagro S.A. | Consumer Defensive | $5.25B | $1.44B |
| 63 | CELH | Celsius Holdings, Inc. | Consumer Defensive | $5.12B | $7.12B |
| 64 | DOLE | Dole plc | Consumer Defensive | $4.40B | $1.26B |
| 65 | COKE | Coca-Cola Consolidated, Inc. | Consumer Defensive | $4.30B | $13.89B |
| 66 | FLO | Flowers Foods, Inc. | Consumer Defensive | $4.18B | $1.30B |
| 67 | SFM | Sprouts Farmers Market, Inc. | Consumer Defensive | $4.16B | $6.15B |
| 68 | EPC | Edgewell Personal Care Company | Consumer Defensive | $3.76B | $1.29B |
| 69 | ANDE | The Andersons, Inc. | Consumer Defensive | $3.71B | $2.19B |
| 70 | CENT | Central Garden & Pet Company | Consumer Defensive | $3.63B | $2.83B |
| 71 | SPB | Spectrum Brands Holdings, Inc. | Consumer Defensive | $3.38B | $1.84B |
| 72 | CALM | Cal-Maine Foods, Inc. | Consumer Defensive | $3.11B | $2.91B |
| 73 | GO | Grocery Outlet Holding Corp. | Consumer Defensive | $3.09B | $1.29B |
| 74 | DMC | Del Monte Corporation | Consumer Defensive | $3.06B | $1.37B |
| 75 | CVSA | Covista Inc. | Consumer Defensive | $3.01B | $4.45B |
| 76 | OLLI | Ollie's Bargain Outlet Holdings, Inc. | Consumer Defensive | $2.95B | $5.00B |
| 77 | UTZ | Utz Brands, Inc. | Consumer Defensive | $2.79B | $1.27B |
| 78 | HLF | Herbalife Ltd. | Consumer Defensive | $2.79B | $1.39B |
| 79 | UVV | Universal Corporation | Consumer Defensive | $2.77B | $970.08M |
| 80 | PSMT | PriceSmart, Inc. | Consumer Defensive | $2.60B | $5.34B |
| 81 | IMKTA | Ingles Markets, Incorporated | Consumer Defensive | $2.57B | $1.66B |
| 82 | RLX | RLX Technology Inc. | Consumer Defensive | $2.56B | $2.02B |
| 83 | LRN | Stride, Inc. | Consumer Defensive | $2.44B | $3.26B |
| 84 | ELF | e.l.f. Beauty, Inc. | Consumer Defensive | $2.39B | $6.66B |
| 85 | LAUR | Laureate Education, Inc. | Consumer Defensive | $2.21B | $5.30B |
| 86 | HELE | Helen of Troy Limited | Consumer Defensive | $2.12B | $667.22M |
| 87 | STRA | Strategic Education, Inc. | Consumer Defensive | $2.04B | $1.80B |
| 88 | SMPL | The Simply Good Foods Company | Consumer Defensive | $2.04B | $892.57M |
| 89 | CHEF | The Chefs' Warehouse, Inc. | Consumer Defensive | $2.03B | $4.34B |
| 90 | WMK | Weis Markets, Inc. | Consumer Defensive | $2.03B | $1.92B |
| 91 | FRPT | Freshpet, Inc. | Consumer Defensive | $1.78B | $3.11B |
| 92 | TBBB | BBB Foods Inc. | Consumer Defensive | $1.70B | $7.04B |
| 93 | MZTI | The Marzetti Company | Consumer Defensive | $1.61B | $2.98B |
| 94 | IPAR | Interparfums, Inc. | Consumer Defensive | $1.59B | $3.69B |
| 95 | JJSF | J&J Snack Foods Corp. | Consumer Defensive | $1.38B | $1.55B |
| 96 | TR | Tootsie Roll Industries, Inc. | Consumer Defensive | $1.25B | $2.60B |
| 97 | SENEA | Seneca Foods Corporation | Consumer Defensive | $1.25B | $1.07B |
| 98 | PRDO | Perdoceo Education Corporation | Consumer Defensive | $1.25B | $2.05B |
| 99 | SAM | The Boston Beer Company, Inc. | Consumer Defensive | $1.19B | $2.05B |
| 100 | WEST | Westrock Coffee Company | Consumer Defensive | $1.18B | $954.80M |
No companies match this search.
Total assets measure balance-sheet size, not worth: a bank holding customer deposits carries assets many times its market value, while a software company of the same market value carries a fraction of them. Above 150 times market cap the accounts are not in US dollars, and the company is left out.
How this ranking is built
Companies are ranked by total assets 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.
Frequently asked questions
Why do brands not appear in total assets?
Accounting rules only recognize an intangible when it is purchased. Advertising and marketing that build a name internally are expensed in the year they are spent, so the resulting brand equity never lands on the balance sheet. A brand acquired with another company does appear, as an identified intangible or as goodwill. That asymmetry means the recorded total reflects how a portfolio was assembled more than what it is worth today.
What does a large asset base tell you about a staples company?
Mainly that it makes and moves a lot of physical product. Plants, warehouses, fleets and inventory all sit in the total, so vertically integrated manufacturers carry more than companies that outsource production. That capital intensity shows up later as depreciation and as a return on assets that sits below asset-light peers. Whether the base is efficient is a question for turnover and margin data, not for its size.