US Companies Ranked by Operating margin
Share of revenue kept as profit from the core business Based on each company's latest annual report, so fiscal year ends may differ. 69 companies without this figure aren't ranked.
Data updated: Nov 6, 2026
| Rank | Company | Operating margin | Market cap | Revenue |
|---|---|---|---|---|
| 1 | AppLovinAPP · Technology | 75.8% | $118.0B | $5.480717B |
| 2 | Micron TechnologyMU · Technology | 74.6% | $742.4B | $133.188B |
| 3 | CME GroupCME · Financials | 64.9% | $110.9B | $6.5206B |
| 4 | VisaV · Financials | 61.2% | — | $45.903B |
| 5 | SandiskSNDK · Technology | 61.2% | $116.1B | $20.248B |
| 6 | NVIDIANVDA · Technology | 60.4% | $4.420T | $215.938B |
| 7 | MastercardMA · Financials | 57.6% | $579.8B | $32.791B |
| 8 | MSCIMSCI · Financials | 54.7% | $47.03B | $3.134459B |
| 9 | Southern CopperSCCO · Materials | 52.2% | $138.6B | $13.42B |
| 10 | Simon Property GroupSPG · Real Estate | 49.9% | $73.51B | $6.364505B |
| 11 | PrologisPLD · Real Estate | 49.6% | $119.8B | $8.790127B |
| 12 | Crown CastleCCI · Real Estate | 48.7% | $38.74B | $4.264B |
| 13 | TransDigmTDG · Industrials | 47.2% | $68.85B | $8.831B |
| 14 | Cheniere EnergyLNG · Energy | 46.8% | $58.46B | $19.464B |
| 15 | MicrosoftMSFT · Technology | 46.8% | $3.980T | $331.839B |
| 16 | McDonald'sMCD · Consumer Discretionary | 46.1% | $196.8B | $26.885B |
| 17 | MPLXMPLX · Energy | 45.7% | — | $12.998B |
| 18 | TSMCTSM · Technology | 45.7% | $1.831T | NT$2,894.3077B |
| 19 | American TowerAMT · Real Estate | 45.5% | $90.04B | $10.6446B |
| 20 | Moody'sMCO · Financials | 43.4% | $88.84B | $7.718B |
| 21 | Arista NetworksANET · Technology | 42.8% | $201.1B | $9.0057B |
| 22 | AltriaMO · Consumer Staples | 42.5% | $129.6B | $23.279B |
| 23 | S&P GlobalSPGI · Financials | 42.2% | $137.0B | $15.336B |
| 24 | Extra Space StorageEXR · Real Estate | 41.8% | $33.45B | $3.377542B |
| 25 | Meta PlatformsMETA · Communication | 41.4% | $1.557T | $200.966B |
| 26 | Union PacificUNP · Industrials | 40.2% | $177.0B | $24.51B |
| 27 | BroadcomAVGO · Technology | 39.9% | $1.392T | $63.887B |
| 28 | PaychexPAYX · Industrials | 39.8% | $42.54B | $6.3011B |
| 29 | Intercontinental ExchangeICE · Financials | 39.0% | $97.09B | $12.64B |
| 30 | Philip Morris InternationalPM · Consumer Staples | 36.6% | $314.3B | $40.648B |
| 31 | AdobeADBE · Technology | 36.6% | $96.36B | $23.769B |
| 32 | Norfolk SouthernNSC · Industrials | 35.8% | $73.96B | $12.18B |
| 33 | Lam ResearchLRCX · Technology | 35.3% | $231.3B | $23.23269B |
| 34 | Vertex PharmaceuticalsVRTX · Health Care | 34.8% | $137.5B | $12.0013B |
| 35 | Texas InstrumentsTXN · Technology | 34.1% | $256.2B | $17.682B |
| 36 | Gilead SciencesGILD · Health Care | 34.0% | $208.0B | $29.443B |
| 37 | ResMedRMD · Health Care | 33.4% | $33.66B | $5.653443B |
| 38 | AppleAAPL · Technology | 33.0% | $5.002T | $478.834B |
| 39 | Booking HoldingsBKNG · Consumer Discretionary | 32.8% | $130.3B | $26.917B |
| 40 | CSXCSX · Industrials | 32.1% | $93.70B | $14.092B |
| 41 | Alphabet (Google)GOOGL · Communication | 32.0% | $3.474T | $402.836B |
| 42 | IDEXX LaboratoriesIDXX · Health Care | 31.6% | $52.85B | $4.303702B |
| 43 | PalantirPLTR · Technology | 31.6% | $373.4B | $4.475446B |
| 44 | Yum! BrandsYUM · Consumer Discretionary | 31.3% | $46.17B | $8.214B |
| 45 | Cboe Global MarketsCBOE · Financials | 31.1% | $36.85B | $4.7142B |
| 46 | FortinetFTNT · Technology | 30.7% | $90.00B | $6.7996B |
| 47 | OracleORCL · Technology | 30.6% | $348.2B | $67.357B |
| 48 | NextEra EnergyNEE · Utilities | 30.2% | $184.0B | $27.412B |
| 49 | NetflixNFLX · Communication | 29.5% | $269.2B | $45.183036B |
| 50 | Intuitive SurgicalISRG · Health Care | 29.3% | $162.4B | $10.0647B |
| 51 | Applied MaterialsAMAT · Technology | 29.2% | $253.4B | $28.368B |
| 52 | Monster BeverageMNST · Consumer Staples | 29.2% | $93.70B | $8.294343B |
| 53 | BlackRockBLK · Financials | 29.1% | $181.0B | $24.216B |
| 54 | Coca-ColaKO · Consumer Staples | 28.7% | $413.0B | $47.941B |
| 55 | Veeva SystemsVEEV · Health Care | 28.7% | $50.18B | $3.195311B |
| 56 | Roper TechnologiesROP · Technology | 28.3% | $48.61B | $7.9025B |
| 57 | EOG ResourcesEOG · Energy | 28.2% | $76.50B | $22.632B |
| 58 | NasdaqNDAQ · Financials | 28.2% | $59.66B | $8.262B |
| 59 | Cadence Design SystemsCDNS · Technology | 28.2% | $85.45B | $5.296759B |
| 60 | Williams CompaniesWMB · Energy | 28.2% | $78.77B | $14.899B |
| 61 | Kinder MorganKMI · Energy | 27.9% | $67.25B | $16.937B |
| 62 | FiservFISV · Financials | 27.4% | $33.43B | $21.193B |
| 63 | IntuitINTU · Technology | 27.4% | $95.23B | $21.448B |
| 64 | Royal CaribbeanRCL · Consumer Discretionary | 27.4% | $86.81B | $17.935B |
| 65 | Duke EnergyDUK · Utilities | 27.2% | $101.2B | $31.741B |
| 66 | Dominion EnergyD · Utilities | 26.7% | $61.21B | $16.523B |
| 67 | Analog DevicesADI · Technology | 26.6% | $174.9B | $11.019707B |
| 68 | Illinois Tool WorksITW · Industrials | 26.3% | $81.11B | $16.044B |
| 69 | Monolithic Power SystemsMPWR · Technology | 26.1% | $55.20B | $2.790459B |
| 70 | Freeport-McMoRanFCX · Materials | 25.9% | $83.61B | $25.186B |
| 71 | AMETEKAME · Industrials | 25.8% | $51.30B | $7.401116B |
| 72 | Motorola SolutionsMSI · Technology | 25.6% | $85.57B | $11.682B |
| 73 | AmphenolAPH · Technology | 25.4% | $185.0B | $23.0947B |
| 74 | WatersWAT · Health Care | 25.4% | $44.50B | $3.165286B |
| 75 | Southern CompanySO · Utilities | 25.2% | $105.2B | $28.942B |
| 76 | RegeneronREGN · Health Care | 24.9% | $95.98B | $14.3429B |
| 77 | Howmet AerospaceHWM · Industrials | 24.8% | $79.96B | $8.252B |
| 78 | Old Dominion Freight LineODFL · Industrials | 24.8% | $35.24B | $5.496389B |
| 79 | EntergyETR · Utilities | 24.7% | $50.50B | $12.946686B |
| 80 | AmgenAMGN · Health Care | 24.7% | $249.0B | $36.751B |
| 81 | United RentalsURI · Industrials | 24.7% | $64.70B | $16.099B |
| 82 | AbbVieABBV · Health Care | 24.6% | $510.8B | $61.16B |
| 83 | PSEGPEG · Utilities | 24.6% | $36.48B | $12.123B |
| 84 | American Electric PowerAEP · Utilities | 24.5% | $69.35B | $21.702B |
| 85 | CiscoCSCO · Technology | 24.3% | $377.7B | $63.325B |
| 86 | NetAppNTAP · Technology | 24.2% | $33.20B | $6.925B |
| 87 | Parker HannifinPH · Industrials | 23.6% | $112.5B | $21.499B |
| 88 | Martin Marietta MaterialsMLM · Materials | 23.4% | $37.54B | $6.15B |
| 89 | CintasCTAS · Industrials | 23.1% | $90.45B | $11.264761B |
| 90 | Marsh McLennanMRSH · Financials | 23.1% | $99.48B | $26.981B |
| 91 | WEC Energy GroupWEC · Utilities | 22.9% | $38.93B | $9.8001B |
| 92 | HEICOHEI · Industrials | 22.7% | $46.24B | $4.485044B |
| 93 | Procter & GamblePG · Consumer Staples | 22.7% | $387.3B | $87.032B |
| 94 | HiltonHLT · Consumer Discretionary | 22.4% | $82.46B | $12.039B |
| 95 | AutodeskADSK · Technology | 21.9% | $57.06B | $7.206B |
| 96 | HoneywellHON · Industrials | 21.7% | $68.48B | $37.442B |
| 97 | Keurig Dr PepperKDP · Consumer Staples | 21.5% | $50.20B | $16.603B |
| 98 | Agilent TechnologiesA · Health Care | 21.3% | $48.44B | $6.948B |
| 99 | ExelonEXC · Utilities | 21.2% | $47.61B | $24.258B |
| 100 | VerizonVZ · Communication | 21.2% | $191.1B | $138.191B |
| 101 | Edwards LifesciencesEW · Health Care | 20.8% | $58.03B | $6.0676B |
| 102 | AirbnbABNB · Consumer Discretionary | 20.8% | $102.1B | $12.241B |
| 103 | T-Mobile USTMUS · Communication | 20.7% | $170.7B | $88.309B |
| 104 | eBayEBAY · Consumer Discretionary | 20.5% | $54.27B | $11.1B |
| 105 | Rockwell AutomationROK · Industrials | 20.4% | $42.32B | $8.342B |
| 106 | Vulcan MaterialsVMC · Materials | 20.4% | $36.60B | $7.9411B |
| 107 | TeradyneTER · Technology | 20.4% | $33.22B | $3.190024B |
| 108 | FastenalFAST · Industrials | 20.2% | $60.69B | $8.2005B |
| 109 | QualcommQCOM · Technology | 20.1% | $168.0B | $43.12B |
| 110 | SalesforceCRM · Technology | 20.1% | $187.9B | $41.525B |
| 111 | EquinixEQIX · Real Estate | 20.1% | $98.73B | $9.217B |
| 112 | CoinbaseCOIN · Financials | 20.0% | $36.22B | $7.181325B |
| 113 | Targa ResourcesTRGP · Energy | 19.6% | $58.30B | $17.0283B |
| 114 | StrykerSYK · Health Care | 19.5% | $127.6B | $25.116B |
| 115 | O'Reilly AutomotiveORLY · Consumer Discretionary | 19.5% | $74.67B | $17.781992B |
| 116 | AT&TT · Communication | 19.2% | $151.4B | $125.648B |
| 117 | DanaherDHR · Health Care | 19.1% | $159.2B | $24.568B |
| 118 | PG&EPCG · Utilities | 19.1% | $29.14B | $24.935B |
| 119 | Walt DisneyDIS · Communication | 18.6% | $207.4B | $94.425B |
| 120 | 3MMMM · Industrials | 18.6% | $97.03B | $24.948B |
| 121 | AutoZoneAZO · Consumer Discretionary | 18.3% | $53.52B | $20.338555B |
| 122 | PayPalPYPL · Financials | 18.3% | $49.35B | $33.172B |
| 123 | Abbott LaboratoriesABT · Health Care | 18.2% | $196.7B | $44.328B |
| 124 | Waste ConnectionsWCN · Industrials | 18.1% | $47.96B | $9.466915B |
| 125 | Boston ScientificBSX · Health Care | 18.0% | $65.79B | $20.074B |
| 126 | VertivVRT · Industrials | 17.9% | $68.05B | $10.2299B |
| 127 | TKO Group HoldingsTKO · Communication | 17.6% | $36.37B | $4.735151B |
| 128 | Xcel EnergyXEL · Utilities | 17.6% | $51.04B | $14.669B |
| 129 | LumentumLITE · Technology | 17.4% | $46.18B | $3.014B |
| 130 | Thermo Fisher ScientificTMO · Health Care | 17.4% | $250.8B | $44.556B |
| 131 | Republic ServicesRSG · Industrials | 17.4% | $76.77B | $19.027B |
| 132 | Con EdisonED · Utilities | 17.2% | $45.05B | $17.049B |
| 133 | Waste ManagementWM · Industrials | 17.1% | $95.95B | $25.204B |
| 134 | ONEOKOKE · Energy | 17.1% | $54.38B | $33.629B |
| 135 | EcolabECL · Materials | 17.0% | $85.78B | $16.0812B |
| 136 | CarnivalCCL · Consumer Discretionary | 16.8% | $40.89B | $26.622B |
| 137 | ComcastCMCSA · Communication | 16.7% | $89.40B | $123.707B |
| 138 | CaterpillarCAT · Industrials | 16.5% | $253.3B | $67.589B |
| 139 | Keysight TechnologiesKEYS · Technology | 16.3% | $45.09B | $5.375B |
| 140 | Chipotle Mexican GrillCMG · Consumer Discretionary | 16.2% | $45.41B | $11.925601B |
| 141 | Colgate-PalmoliveCL · Consumer Staples | 16.2% | $78.45B | $20.382B |
| 142 | Marvell TechnologyMRVL · Technology | 16.1% | $123.0B | $8.1946B |
| 143 | WabtecWAB · Industrials | 16.1% | $46.78B | $11.167B |
| 144 | KenvueKVUE · Consumer Staples | 16.0% | $37.09B | $15.124B |
| 145 | Marriott InternationalMAR · Consumer Discretionary | 15.8% | $110.2B | $26.186B |
| 146 | CorningGLW · Technology | 14.6% | $90.09B | $15.629B |
| 147 | Kimberly-ClarkKMB · Consumer Staples | 14.3% | $36.74B | $16.447B |
| 148 | W.W. GraingerGWW · Industrials | 13.9% | $68.51B | $17.942B |
| 149 | Enterprise Products PartnersEPD · Energy | 13.8% | $79.98B | $52.596B |
| 150 | ServiceNowNOW · Technology | 13.7% | $106.2B | $13.278B |
| 151 | GE HealthCareGEHC · Health Care | 13.4% | $38.11B | $20.625B |
| 152 | IQVIAIQV · Health Care | 13.4% | $43.65B | $16.31B |
| 153 | SynopsysSNPS · Technology | 13.0% | $84.37B | $7.054178B |
| 154 | Expedia GroupEXPE · Consumer Discretionary | 12.7% | — | $14.733B |
| 155 | Home DepotHD · Consumer Discretionary | 12.7% | $349.2B | $164.683B |
| 156 | HersheyHSY · Consumer Staples | 12.3% | — | $11.692576B |
| 157 | PepsiCoPEP · Consumer Staples | 12.2% | $195.4B | $93.925B |
| 158 | Constellation EnergyCEG · Utilities | 12.1% | $85.08B | $25.533B |
| 159 | CumminsCMI · Industrials | 11.9% | $61.49B | $33.67B |
| 160 | Ross StoresROST · Consumer Discretionary | 11.9% | $75.20B | $22.750559B |
| 161 | Becton DickinsonBDX · Health Care | 11.8% | $58.17B | $21.84B |
| 162 | Lowe'sLOW · Consumer Discretionary | 11.8% | $127.5B | $86.286B |
| 163 | Comfort Systems USAFIX · Industrials | 11.4% | $33.77B | $1.831286B |
| 164 | AmazonAMZN · Consumer Discretionary | 11.2% | $2.813T | $716.924B |
| 165 | VistraVST · Utilities | 10.8% | $37.93B | $17.586B |
| 166 | Digital RealtyDLR · Real Estate | 10.8% | $60.95B | $6.112692B |
| 167 | Northrop GrummanNOC · Industrials | 10.8% | $74.62B | $41.954B |
| 168 | UberUBER · Industrials | 10.7% | $140.3B | $52.017B |
| 169 | AMDAMD · Technology | 10.7% | $663.2B | $34.639B |
| 170 | Energy TransferET · Energy | 10.6% | — | $85.536B |
| 171 | RTXRTX · Industrials | 10.5% | $258.9B | $88.603B |
| 172 | Microchip TechnologyMCHP · Technology | 10.4% | $35.29B | $4.7131B |
| 173 | Lockheed MartinLMT · Industrials | 10.3% | $133.4B | $75.048B |
| 174 | General DynamicsGD · Industrials | 10.2% | $96.29B | $52.55B |
| 175 | Carrier GlobalCARR · Industrials | 10.0% | $44.07B | $21.747B |
| 176 | CarvanaCVNA · Consumer Discretionary | 9.3% | — | $20.322B |
| 177 | Mondelez InternationalMDLZ · Consumer Staples | 9.2% | $85.80B | $38.537B |
| 178 | Delta Air LinesDAL · Industrials | 9.2% | $56.16B | $63.364B |
| 179 | L3Harris TechnologiesLHX · Industrials | 9.0% | $48.05B | $21.325B |
| 180 | UPSUPS · Industrials | 8.9% | $94.61B | $88.661B |
| 181 | Diamondback EnergyFANG · Energy | 8.4% | $50.15B | $15.026B |
| 182 | BeOne MedicinesONC · Health Care | 8.4% | $44.19B | $5.343033B |
| 183 | United AirlinesUAL · Industrials | 8.0% | $35.90B | $59.07B |
| 184 | MetLifeMET · Financials | 8.0% | $63.62B | $77.084B |
| 185 | StarbucksSBUX · Consumer Discretionary | 7.9% | $121.4B | $37.1844B |
| 186 | MedlineMDLN · Health Care | 7.8% | $52.35B | $28.432B |
| 187 | WorkdayWDAY · Technology | 7.5% | $50.09B | $9.552B |
| 188 | Dell TechnologiesDELL · Technology | 7.2% | $202.8B | $113.538B |
| 189 | BlockXYZ · Financials | 7.1% | $51.67B | $24.193683B |
| 190 | Marathon PetroleumMPC · Energy | 6.2% | $108.7B | $132.699B |
| 191 | Palo Alto NetworksPANW · Technology | 6.0% | $256.5B | $11.48B |
| 192 | FedExFDX · Industrials | 5.8% | $76.03B | $94.72B |
| 193 | Quanta ServicesPWR · Industrials | 5.7% | $76.68B | $28.479697B |
| 194 | DoorDashDASH · Consumer Discretionary | 5.3% | $79.28B | $13.717B |
| 195 | Estée LauderEL · Consumer Staples | 5.2% | $39.41B | $15.049B |
| 196 | Live Nation EntertainmentLYV · Communication | 5.0% | $46.47B | $25.201406B |
| 197 | TargetTGT · Consumer Staples | 4.9% | $71.76B | $104.78B |
| 198 | BoeingBA · Industrials | 4.8% | $136.7B | $89.463B |
| 199 | TeslaTSLA · Consumer Discretionary | 4.6% | $1.359T | $94.827B |
| 200 | CBRE GroupCBRE · Real Estate | 4.4% | $39.32B | $39.9B |
| 201 | UnitedHealth GroupUNH · Health Care | 4.2% | $354.6B | $447.567B |
| 202 | WalmartWMT · Consumer Staples | 4.2% | $1.020T | $706.413B |
| 203 | CienaCIEN · Technology | 4.1% | $32.75B | $4.769507B |
| 204 | CostcoCOST · Consumer Staples | 3.9% | $472.3B | $303.154B |
| 205 | SyscoSYY · Consumer Staples | 3.7% | $36.34B | $84.553B |
| 206 | GE VernovaGEV · Industrials | 3.6% | $203.9B | $38.068B |
| 207 | Bloom EnergyBE · Industrials | 3.6% | $49.51B | $2.001614B |
| 208 | Elevance HealthELV · Health Care | 3.6% | $93.36B | $199.125B |
| 209 | Cigna GroupCI · Health Care | 3.4% | $79.57B | $274.9B |
| 210 | Valero EnergyVLO · Energy | 2.6% | $102.6B | $122.687B |
| 211 | HumanaHUM · Health Care | 2.1% | $49.44B | $129.664B |
| 212 | General MotorsGM · Consumer Discretionary | 1.6% | $75.84B | $185.019B |
| 213 | McKessonMCK · Health Care | 1.5% | $126.4B | $403.43B |
| 214 | KrogerKR · Consumer Staples | 1.3% | $42.49B | $147.642B |
| 215 | CVS HealthCVS · Health Care | 1.2% | $104.1B | $402.067B |
| 216 | CencoraCOR · Health Care | 0.8% | $64.82B | $321.332819B |
| 217 | Hewlett Packard EnterpriseHPE · Technology | −1.3% | $58.65B | $34.296B |
| 218 | DatadogDDOG · Technology | −1.3% | $65.48B | $3.427158B |
| 219 | Take-Two InteractiveTTWO · Communication | −1.6% | $39.90B | $6.6564B |
| 220 | CenteneCNC · Health Care | −3.9% | $36.71B | $194.777B |
| 221 | ZscalerZS · Technology | −4.0% | $33.24B | $3.352523B |
| 222 | IntelINTC · Technology | −4.2% | $277.4B | $52.853B |
| 223 | FordF · Consumer Discretionary | −4.9% | $51.07B | $187.267B |
| 224 | CrowdStrikeCRWD · Technology | −6.1% | $226.9B | $4.812005B |
| 225 | Air ProductsAPD · Materials | −7.3% | $68.92B | $12.0373B |
| 226 | CloudflareNET · Technology | −9.6% | $87.32B | $2.167937B |
| 227 | NateraNTRA · Health Care | −13.4% | $52.51B | $2.306113B |
| 228 | RobloxRBLX · Communication | −25.2% | $34.10B | $4.890551B |
| 229 | SnowflakeSNOW · Technology | −30.6% | $95.00B | $4.683946B |
| 230 | ModernaMRNA · Health Care | −158.1% | $96.34B | $1.944B |
| 231 | StrategyMSTR · Technology | −1140.8% | $55.35B | $477.233M |