Top 100 Stocks by Net Margin
Top companies ranked by net margin, latest annual filings.
What Net Margin Means for US-listed Companies
Net margin is net income divided by revenue, the share of each sales dollar that survives every line of the income statement, including cost of goods, overhead, research, interest, and tax. It sits at the bottom of the profitability stack and represents what actually belongs to shareholders. Across US-listed firms the figure reflects radically different business models, cost structures, capital setups, and tax postures, so it compresses a great deal of information into a single percentage.
Why Net Margin Matters
Net margin captures the cumulative effect of operational efficiency, capital structure, and tax discipline, and a durable net margin across cycles usually reflects a business that has earned its pricing. Still, the number includes non-cash charges such as depreciation and amortization along with one-time items, and GAAP net margin can diverge meaningfully from the cash generation the firm actually produces, so pairing it with cash-flow measures before drawing conclusions is usually wise.
What to Read Alongside
Pair net margin with [Gross Margin](/financials/top-gross-margin-stocks/) for the top of the margin stack, [Operating Margin](/financials/top-operating-margin-stocks/) for the middle layer before interest and tax, and [Return on Equity](/financials/top-roe-stocks/) to combine margin with how efficiently the capital base is being used.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | JOYY | JOYY Inc. | Communication Services | 98.78% | $3.40B |
| 2 | TBPH | Theravance Biopharma, Inc. | Healthcare | 98.54% | $0.83B |
| 3 | RYN | Rayonier Inc. | Real Estate | 97.91% | $6.28B |
| 4 | MSB | Mesabi Trust | Basic Materials | 94.60% | $0.35B |
| 5 | AREN | The Arena Group Holdings, Inc. | Communication Services | 92.61% | $0.07B |
| 6 | NBTB | NBT Bancorp Inc. | Financial Services | 92.50% | $2.40B |
| 7 | CMA | Comerica Incorporated | Financial Services | 90.41% | $11.35B |
| 8 | STEM | Stem, Inc. | Utilities | 88.18% | $0.09B |
| 9 | VTMX | Corporación Inmobiliaria Vesta, S.A.B. de C.V. | Real Estate | 85.41% | $3.22B |
| 10 | TRNO | Terreno Realty Corporation | Real Estate | 84.59% | $6.94B |
| 11 | SPG | Simon Property Group, Inc. | Real Estate | 84.28% | $66.45B |
| 12 | HCM | HUTCHMED (China) Limited | Healthcare | 83.30% | $1.97B |
| 13 | BYND | Beyond Meat, Inc. | Consumer Defensive | 79.49% | $0.41B |
| 14 | DTSQR | DT Cloud Star Acquisition Corporation | 79.47% | – | |
| 15 | GEG | Great Elm Group, Inc. | Financial Services | 79.01% | $0.07B |
| 16 | ZVRA | Zevra Therapeutics, Inc. | Healthcare | 78.17% | $0.69B |
| 17 | OR | OR Royalties Inc. | Basic Materials | 74.30% | $6.94B |
| 18 | NNNN | Anbio Biotechnology | Healthcare | 74.06% | $1.51B |
| 19 | FSHP | Flag Ship Acquisition Corporation | Financial Services | 73.51% | $0.06B |
| 20 | WIMI | WiMi Hologram Cloud Inc. | Communication Services | 73.24% | $0.03B |
| 21 | SMLR | Semler Scientific, Inc. | Healthcare | 72.65% | $0.31B |
| 22 | TGTX | TG Therapeutics, Inc. | Healthcare | 72.56% | $5.81B |
| 23 | SPIR | Spire Global, Inc. | Industrials | 71.70% | $0.88B |
| 24 | HKD | AMTD Digital Inc. | Technology | 71.27% | $0.57B |
| 25 | PLYM | Plymouth Industrial REIT, Inc. | Real Estate | 70.25% | $0.98B |
| 26 | IBKR | Interactive Brokers Group, Inc. | Financial Services | 70.22% | $38.74B |
| 27 | VICI | VICI Properties Inc. | Real Estate | 69.28% | $30.39B |
| 28 | SKYH | Sky Harbour Group Corporation | Real Estate | 68.33% | $0.32B |
| 29 | SOHU | Sohu.com Limited | Communication Services | 67.44% | $0.35B |
| 30 | CTRE | CareTrust REIT, Inc. | Real Estate | 67.28% | $9.64B |
| 31 | HTGC | Hercules Capital, Inc. | Financial Services | 66.89% | $2.89B |
| 32 | AMTD | AMTD IDEA Group | Financial Services | 66.44% | $0.09B |
| 33 | INVA | Innoviva, Inc. | Healthcare | 65.92% | $1.58B |
| 34 | EBC | Eastern Bankshares, Inc. | Financial Services | 65.79% | $4.24B |
| 35 | HTCR | HeartCore Enterprises, Inc. | Technology | 64.60% | $0.01B |
| 36 | BSM | Black Stone Minerals, L.P. | Energy | 63.83% | $2.88B |
| 37 | WPM | Wheaton Precious Metals Corp. | Basic Materials | 63.58% | $60.22B |
| 38 | MRP | Millrose Properties, Inc. | Real Estate | 63.26% | $4.69B |
| 39 | DEFT | DeFi Technologies Inc. | Financial Services | 62.95% | $0.25B |
| 40 | MYSZ | My Size, Inc. | Technology | 62.51% | $0.00B |
| 41 | CME | CME Group Inc. | Financial Services | 62.45% | $98.84B |
| 42 | TFPM | Triple Flag Precious Metals Corp. | Basic Materials | 61.74% | $6.55B |
| 43 | MSGM | Motorsport Games Inc. | Communication Services | 61.32% | $0.02B |
| 44 | SUI | Sun Communities, Inc. | Real Estate | 61.31% | $15.24B |
| 45 | FNV | Franco-Nevada Corporation | Basic Materials | 61.01% | $44.49B |
| 46 | MTG | MGIC Investment Corporation | Financial Services | 60.84% | $5.33B |
| 47 | APP | AppLovin Corporation | Communication Services | 60.83% | $205.96B |
| 48 | XOMA | XOMA Royalty Corporation | Healthcare | 60.81% | $0.52B |
| 49 | FPI | Farmland Partners Inc. | Real Estate | 60.46% | $0.45B |
| 50 | TPL | Texas Pacific Land Corporation | Energy | 60.31% | $27.11B |
| 51 | ESEA | Euroseas Ltd. | Industrials | 60.11% | $0.45B |
| 52 | PSHG | Performance Shipping Inc. | Industrials | 59.37% | $0.02B |
| 53 | LOAN | Manhattan Bridge Capital, Inc. | Real Estate | 58.98% | $0.05B |
| 54 | VALU | Value Line, Inc. | Financial Services | 58.97% | $0.30B |
| 55 | RGS | Regis Corporation | Consumer Cyclical | 58.79% | $0.07B |
| 56 | VMET | Versamet Royalties Corporation | Basic Materials | 58.49% | $1.47B |
| 57 | FBIO | Fortress Biotech, Inc. | Healthcare | 58.49% | $0.09B |
| 58 | UNIT | Uniti Group Inc. | Real Estate | 58.39% | $2.72B |
| 59 | NVEC | NVE Corporation | Technology | 57.72% | $0.47B |
| 60 | ALIS | Calisa Acquisition Corp | Financial Services | 57.19% | $0.08B |
| 61 | SUNS | Sunrise Realty Trust, Inc. | Real Estate | 56.29% | $0.12B |
| 62 | FIX | Comfort Systems USA, Inc. | Industrials | 55.84% | $64.32B |
| 63 | NVDA | NVIDIA Corporation | Technology | 55.60% | $5114.02B |
| 64 | QTTB | Q32 Bio Inc. | Healthcare | 55.46% | $0.19B |
| 65 | NMIH | NMI Holdings, Inc. | Financial Services | 55.05% | $2.73B |
| 66 | ESNT | Essent Group Ltd. | Financial Services | 54.72% | $5.33B |
| 67 | ACT | Enact Holdings, Inc. | Financial Services | 54.56% | $5.83B |
| 68 | GSL | Global Ship Lease, Inc. | Industrials | 54.34% | $1.31B |
| 69 | TCOM | Trip.com Group Limited | Consumer Cyclical | 53.36% | $29.87B |
| 70 | ATCH | AtlasClear Holdings, Inc. | Financial Services | 52.97% | $0.04B |
| 71 | KRYS | Krystal Biotech, Inc. | Healthcare | 52.64% | $9.11B |
| 72 | SEVN | Seven Hills Realty Trust | Real Estate | 52.53% | $0.19B |
| 73 | CRMD | CorMedix Inc. | Healthcare | 52.31% | $0.66B |
| 74 | VNO | Vornado Realty Trust | Real Estate | 51.76% | $6.35B |
| 75 | NNI | Nelnet, Inc. | Financial Services | 50.32% | $4.69B |
| 76 | WABC | Westamerica Bancorporation | Financial Services | 50.30% | $1.30B |
| 77 | PCYO | Pure Cycle Corporation | Utilities | 50.25% | $0.25B |
| 78 | V | Visa Inc. | Financial Services | 50.15% | $620.65B |
| 79 | JTAI | Jet.AI Inc. | Technology | 50.01% | $0.01B |
| 80 | VRSN | VeriSign, Inc. | Technology | 49.84% | $25.97B |
| 81 | BAM | Brookfield Asset Management Ltd. | Financial Services | 49.78% | $77.60B |
| 82 | FUTU | Futu Holdings Limited | Financial Services | 49.62% | $14.59B |
| 83 | AGI | Alamos Gold Inc. | Basic Materials | 48.97% | $17.13B |
| 84 | VOXR | Vox Royalty Corp. | Basic Materials | 48.88% | $0.40B |
| 85 | IDCC | InterDigital, Inc. | Technology | 48.75% | $6.52B |
| 86 | RDN | Radian Group Inc. | Financial Services | 48.67% | $4.54B |
| 87 | CGEN | Compugen Ltd. | Healthcare | 48.57% | $0.25B |
| 88 | TRIN | Trinity Capital Inc. | Financial Services | 48.51% | $1.52B |
| 89 | WINA | Winmark Corporation | Consumer Cyclical | 48.40% | $1.35B |
| 90 | BVN | Compañía de Minas Buenaventura S.A.A. | Basic Materials | 47.94% | $9.37B |
| 91 | GOAI | Eva Live, Inc. | Technology | 47.70% | $0.12B |
| 92 | DAC | Danaos Corporation | Industrials | 47.45% | $2.28B |
| 93 | LTC | LTC Properties, Inc. | Real Estate | 47.13% | $1.91B |
| 94 | ARI | Apollo Commercial Real Estate Finance, Inc. | Real Estate | 46.66% | $1.46B |
| 95 | IBOC | International Bancshares Corporation | Financial Services | 46.52% | $4.49B |
| 96 | LGND | Ligand Pharmaceuticals Incorporated | Healthcare | 46.42% | $4.65B |
| 97 | HASI | HA Sustainable Infrastructure Capital, Inc. | Financial Services | 46.08% | $5.24B |
| 98 | MA | Mastercard Incorporated | Financial Services | 45.65% | $436.47B |
| 99 | AGO | Assured Guaranty Ltd. | Financial Services | 45.32% | $3.29B |
| 100 | RGLD | Royal Gold, Inc. | Basic Materials | 45.25% | $19.05B |
No companies match this search.
How this ranking is built
Companies are ranked by net margin 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.