Sector
Industrials, in the accounts
130 companies · each one's last fiscal year · from their SEC filings
Industrials has 130 companies with five or more years of accounts filed with the SEC. The median one grew revenue +7% in its last fiscal year and kept 12% of it as operating profit; a quarter of them kept more than 19%. The median return on invested capital is 11%, with the middle half of the sector between 7% and 18%. Net debt is 1.4 times EBITDA at the median company.
Revenue growth, last year
+7%
middle half: +2% to +13% · 128 companies
Gross margin
37%
middle half: 24% to 44% · 85 companies
Operating margin
12%
middle half: 5% to 19% · 128 companies
Free cash flow margin
10%
middle half: 5% to 17% · 120 companies
Return on invested capital
11%
middle half: 7% to 18% · 111 companies
Net debt to EBITDA
1.4×
middle half: 0.3× to 2.5× · 108 companies
R&D as a share of revenue
3%
middle half: 2% to 6% · 62 companies
Stock compensation as a share of revenue
1%
middle half: 0% to 2% · 122 companies
The companies
Largest first. Each figure is the company's last fiscal year, as filed; open a company for its ten years.
| Company | Revenue | Growth | Operating margin | FCF margin | ROIC | Net debt / EBITDA |
|---|---|---|---|---|---|---|
| CAT Caterpillar Inc 2025 | 67.6B | +4% | 16% | 13% | 15% | 2.0× |
| GE General Electric Co 2025 | 45.9B | +18% | 22% | 16% | 21% | 0.9× |
| RTX RTX Corp 2025 | 88.6B | +10% | 10% | 9% | 12% | -0.5× |
| DE Deere & Co 2025 | 45.7B | -12% | 21% | 13% | 19% | 0.5× |
| ETN Eaton Corp plc 2025 | 27.4B | +10% | 19% | 13% | 15% | 1.5× |
| UNP Union Pacific Corp 2025 | 24.5B | +1% | 40% | 22% | 15% | 2.5× |
| BA Boeing Co 2025 | 89.5B | +34% | 5% | -2% | 5% | 8.2× |
| UBER Uber Technologies, Inc 2025 | 52.0B | +18% | 11% | 19% | 4% | 0.5× |
| PH Parker-Hannifin Corp 2026 | 21.5B | +8% | 24% | 18% | 17% | 1.4× |
| LMT Lockheed Martin Corp 2025 | 75.0B | +6% | 10% | 9% | 23% | 1.9× |
| SPGI S&P Global Inc. 2025 | 15.3B | +8% | 42% | 36% | 11% | 1.5× |
| PWR Quanta Services, Inc. 2025 | 28.5B | +20% | 6% | 6% | 12% | 0.2× |
| ABNB Airbnb, Inc. 2025 | 12.2B | +10% | 21% | — | 20% | -1.8× |
| GD General Dynamics Corp 2025 | 52.5B | +10% | 10% | 8% | 13% | 0.9× |
| MELI Mercadolibre Inc 2025 | 20.3B | +34% | 16% | 53% | 14% | 1.4× |
| JCI Johnson Controls International plc 2025 | 23.6B | +3% | 8% | 9% | 8% | 3.4× |
| CSX CSX Corp 2025 | 14.1B | -3% | 32% | 12% | — | — |
| DASH DoorDash, Inc. 2025 | 13.7B | +28% | 5% | 16% | — | — |
| WM Waste Management Inc 2025 | 25.2B | +14% | 17% | 11% | 32% | 0.1× |
| UPS United Parcel Service Inc 2025 | 88.7B | -3% | 9% | 5% | 15% | 1.7× |
| MCO Moodys Corp 2025 | 7.7B | +9% | 43% | 33% | 24% | 1.2× |
| ITW Illinois Tool Works Inc 2025 | 16.0B | +1% | 26% | 17% | — | 1.5× |
| NOC Northrop Grumman Corp 2025 | 42.0B | +2% | 11% | 8% | 11% | 1.9× |
| CMI Cummins Inc 2025 | 33.7B | -1% | 12% | 7% | 24% | -0.5× |
| NSC Norfolk Southern Corp 2025 | 12.2B | +0% | 36% | 18% | 21% | -0.2× |
| FDX Fedex Corp 2026 | 94.7B | +8% | 6% | 5% | 8% | 1.1× |
| HON Honeywell International Inc 2025 | 37.4B | +8% | 22% | 14% | 14% | 2.4× |
| RSG Republic Services, Inc. 2025 | 16.6B | +3% | 20% | 15% | 11% | 2.7× |
| URI United Rentals, Inc. 2025 | 3.7B | +3% | 108% | — | 12% | 3.5× |
| RCL Royal Caribbean Cruises Ltd 2025 | 17.9B | +9% | 27% | 7% | 36% | 0.4× |
| TEL TE Connectivity plc 2025 | 17.3B | +9% | 19% | 19% | 10% | 1.1× |
| TDG TransDigm Group Inc 2025 | 8.8B | +11% | 47% | 21% | 17% | 5.9× |
| GWW W.W. Grainger, Inc. 2025 | 17.9B | +5% | 14% | 7% | 30% | 0.7× |
| FIX Comfort Systems USA Inc 2025 | 9.1B | +30% | 14% | 11% | 40% | -0.6× |
| BKR Baker Hughes Co 2025 | 27.7B | -0% | 11% | 9% | 14% | -0.7× |
| DAL Delta AIR Lines, Inc. 2025 | 63.4B | +3% | 9% | 6% | 14% | 1.1× |
| GRMN Garmin Ltd 2025 | 7.2B | +15% | 26% | 19% | — | — |
| EBAY Ebay Inc 2025 | 11.1B | +8% | 21% | 13% | 37% | -0.4× |
| WAB Westinghouse AIR Brake Technologies Corp 2025 | 11.2B | +8% | 16% | 13% | 8% | 2.1× |
| RKLB Rocket Lab Corp 2025 | 601.8M | +38% | -38% | -53% | -15% | 4.5× |
| CARR Carrier Global Corp 2025 | 21.7B | -3% | 10% | 10% | 7% | 2.9× |
| LHX L3HARRIS Technologies, Inc. 2025 | 21.3B | +10% | 9% | 10% | 6% | 3.4× |
| HEI Heico Corp 2025 | 4.5B | +16% | 23% | 19% | 20% | -0.2× |
| PAYX Paychex Inc 2026 | 6.3B | +16% | 40% | 37% | 23% | 1.2× |
| MSCI Msci Inc. 2025 | 3.1B | +10% | 55% | 49% | 39% | 3.3× |
| WCN Waste Connections, Inc. 2025 | 9.5B | +6% | 18% | 13% | — | — |
| UAL United Airlines Holdings, Inc. 2025 | 59.1B | +4% | 8% | 4% | 10% | 2.0× |
| AXON Axon Enterprise, Inc. 2025 | 2.8B | +33% | -2% | 3% | 6% | — |
| ODFL OLD Dominion Freight Line, Inc. 2025 | 5.5B | -5% | 25% | 17% | 24% | -0.1× |
| EME Emcor Group, Inc. 2025 | 17.0B | +17% | 10% | 7% | — | — |
| EXPE Expedia Group, Inc. 2025 | 14.7B | +8% | 13% | 21% | 21% | 0.3× |
| CCL Carnival Corp Ltd. 2025 | 26.6B | +6% | 17% | 10% | 11% | 3.4× |
| IR Ingersoll Rand Inc. 2025 | 7.7B | +6% | 15% | 16% | 9% | -0.8× |
| TDY Teledyne Technologies Inc 2025 | 6.1B | +8% | 19% | 18% | 7% | 1.4× |
| FTI TechnipFMC plc 2025 | 9.9B | +9% | 14% | 15% | 29% | -0.3× |
| CPAY Corpay, Inc. 2025 | 4.5B | +14% | 44% | 29% | 8% | 4.6× |
| XYL Xylem Inc. 2025 | 9.0B | +6% | 14% | 10% | 7% | 0.3× |
| LUV Southwest Airlines Co 2025 | 28.1B | +2% | 2% | -3% | 3% | 0.9× |
| CW Curtiss Wright Corp 2025 | 3.5B | +12% | 18% | 16% | 14% | 0.8× |
| FICO Fair Isaac Corp 2025 | 2.0B | +16% | 46% | 39% | 57% | 3.1× |
| SNA Snap-on Inc 2026 | 4.7B | +1% | 28% | 21% | 15% | -0.3× |
| EFX Equifax Inc 2025 | 6.1B | +7% | 18% | 19% | 8% | 2.7× |
| MTZ Mastec Inc 2025 | 14.3B | +16% | 4% | 2% | — | — |
| GPC Genuine Parts Co 2025 | 24.3B | +3% | 1% | 2% | 2% | 4.5× |
| NDSN Nordson Corp 2025 | 2.8B | +4% | 25% | 24% | 11% | 2.4× |
| J Jacobs Solutions Inc. 2025 | 12.0B | +5% | 7% | 5% | 9% | 1.1× |
| APG APi Group Corp 2025 | 7.9B | +13% | 7% | 8% | 7% | 2.9× |
| ROL Rollins Inc 2025 | 3.8B | +11% | 19% | 17% | 27% | 0.6× |
| LECO Lincoln Electric Holdings Inc 2025 | 4.2B | +6% | 17% | 13% | 21% | 1.0× |
| QXO QXO, Inc. 2025 | 6.8B | — | -4% | 3% | -2% | -5.1× |
| LII Lennox International Inc 2025 | 5.2B | -3% | 20% | 12% | 71% | -0.0× |
| CSGP Costar Group, Inc. 2025 | 3.2B | +19% | -2% | 4% | -0% | -3.4× |
| IT Gartner Inc 2025 | 6.5B | +4% | 16% | 18% | 23% | 1.0× |
| KNX Knight-Swift Transportation Holdings Inc. 2025 | 7.5B | +1% | 3% | — | 2% | 1.5× |
| RRX Regal Rexnord Corp 2025 | 5.9B | -2% | 11% | 15% | 5% | 5.1× |
| FLS Flowserve Corp 2025 | 4.7B | +4% | 8% | 9% | 7% | 1.6× |
| SAIA Saia Inc 2025 | 3.2B | +1% | 11% | 1% | 10% | 0.2× |
| TTEK Tetra Tech Inc 2025 | 5.4B | +5% | 8% | 8% | 11% | 1.3× |
| AAL American Airlines Group Inc. 2025 | 54.6B | +1% | 3% | -1% | 3% | 7.4× |
| KTOS Kratos Defense & Security Solutions, Inc. 2025 | 1.3B | +19% | 2% | -10% | 1% | -7.7× |
| PNR Pentair plc 2025 | 4.2B | +2% | 21% | 18% | 13% | 1.7× |
| DY Dycom Industries Inc 2026 | 5.5B | +18% | 8% | 7% | 7% | 3.0× |
| CNM Core & Main, Inc. 2026 | 7.6B | +3% | 9% | 8% | 13% | 2.1× |
| FLR Fluor Corp 2025 | 15.5B | -5% | -2% | -3% | -12% | 3.4× |
| ACA Arcosa, Inc. 2025 | 2.9B | +12% | 12% | 6% | — | — |
| ZG Zillow Group, Inc. 2025 | 2.6B | +16% | -1% | 9% | — | — |
| ETSY Etsy Inc 2025 | 2.9B | +3% | 9% | 24% | 9% | 4.3× |
| GTES Gates Industrial Corp Ltd. 2025 | 3.4B | +1% | 14% | 12% | 7% | 2.1× |
| NCLH Norwegian Cruise Line Holdings Ltd. 2025 | 9.8B | +4% | 16% | -12% | — | — |
| GATX Gatx Corp 2025 | 1.7B | +10% | 39% | — | 3% | 10.5× |
| JOBY Joby Aviation, Inc. 2025 | 53.4M | — | — | — | — | — |
| POOL Pool Corp 2025 | 5.3B | -0% | 11% | 6% | 19% | 1.8× |
| WFRD Weatherford International plc 2025 | 4.9B | -11% | 15% | 9% | 20% | 0.4× |
| SNDR Schneider National, Inc. 2025 | 5.7B | +7% | 3% | 5% | 4% | 0.3× |
| LYFT Lyft, Inc. 2025 | 5.9B | +10% | -3% | — | — | 1.5× |
| ROAD Construction Partners, Inc. 2025 | 2.8B | +54% | 8% | 5% | 7% | 3.9× |
| FTDR Frontdoor, Inc. 2025 | 2.1B | +14% | 20% | 19% | 22% | 1.2× |
| MTRN Materion Corp 2025 | 1.8B | +6% | 6% | — | 7% | 2.5× |
| EXLS ExlService Holdings, Inc. 2025 | 2.1B | +14% | 15% | 14% | 21% | 0.4× |
| MIDD Middleby Corp 2026 | 3.2B | +2% | 18% | 17% | 9% | 2.9× |
| GBTG Global Business Travel Group, Inc. 2025 | 2.7B | +12% | 5% | 4% | 3% | 3.1× |
| RELY Remitly Global, Inc. 2025 | 1.6B | +29% | 5% | 18% | 7% | -3.8× |
| KBR KBR, Inc. 2026 | 7.8B | +1% | 10% | 7% | 14% | 2.2× |
| ESAB Esab Corp 2025 | 2.8B | +4% | 14% | 8% | 10% | 2.1× |
| PRIM Primoris Services Corp 2025 | 7.6B | +19% | 5% | 4% | 14% | -0.1× |
| SEB Seaboard Corp 2025 | 9.7B | +7% | 2% | 0% | 3% | 1.4× |
| SKYW Skywest Inc 2025 | 4.1B | +15% | 15% | 22% | 9% | 2.3× |
| SMR Nuscale Power Corp 2025 | 31.5M | -15% | — | — | — | — |
| EXPO Exponent Inc 2026 | 582.0M | +4% | 21% | 21% | — | — |
| PII Polaris Inc. 2025 | 7.2B | -0% | -5% | 8% | -17% | — |
| ABM ABM Industries Inc 2025 | 8.7B | +5% | 4% | 2% | 7% | 3.5× |
| CXT Crane NXT, Co. 2025 | 1.7B | +11% | 15% | 12% | 8% | 2.6× |
| MAN ManpowerGroup Inc. 2025 | 18.0B | +1% | 1% | -1% | -1% | 3.3× |
| NEO Neogenomics Inc 2025 | 727.3M | +10% | -16% | -3% | -10% | -2.3× |
| PAYO Payoneer Global Inc. 2025 | 813.4M | +15% | 15% | 25% | — | — |
| RUN Sunrun Inc. 2025 | 3.0B | +45% | -4% | — | -1% | — |
| HUBG Hub Group, Inc. 2024 | 3.9B | -6% | 4% | 4% | 6% | 0.5× |
| JBLU Jetblue Airways Corp 2025 | 9.1B | -2% | -4% | -13% | — | — |
| FET Forum Energy Technologies, Inc. 2025 | 791.5M | -3% | 4% | 8% | -4% | 1.6× |
| JBI Janus International Group, Inc. 2026 | 884.2M | -8% | 13% | 13% | 7% | 2.2× |
| CTEV Claritev Corp 2025 | 965.4M | +4% | 3% | -1% | 1% | — |
| MCFT MasterCraft Boat Holdings, Inc. 2026 | 348.9M | +23% | -0% | 6% | — | — |
| CMCO Columbus Mckinnon Corp 2026 | 1.2B | +24% | -10% | -14% | -3% | — |
| EVH Evolent Health, Inc. 2025 | 1.9B | -27% | -22% | — | -30% | -2.8× |
| RMNI Rimini Street, Inc. 2025 | 421.5M | -2% | 14% | 13% | 99% | -0.8× |
| HDSN Hudson Technologies Inc 2025 | 246.6M | +4% | 8% | -3% | — | — |
| MSM MSC Industrial Direct Co Inc 2025 | 3.8B | -1% | 8% | 6% | 12% | 1.1× |
| ITT ITT Inc. 2025 | 3.9B | +8% | 17% | 14% | 11% | -1.5× |
| SNX TD Synnex Corp 2025 | 62.5B | +7% | 2% | 2% | 12% | -0.8× |
| Z Zillow Group, Inc. 2025 | 2.6B | +16% | -1% | 9% | — | — |
Other sectors
Your own portfolio, by sector
Signed in, the risk tab groups your holdings with this same classification: how much money and how much risk sits in each sector, and each company against its sector's median.
Sectors are grouped from each company's SEC industry code — our own grouping of public data, not the GICS classification. Only companies that file their accounts with the US Securities and Exchange Commission are covered: their filings are public, so they can be shown to anyone. A European share or an ETF files elsewhere, and is not here. Nothing on these pages is a recommendation to buy or sell anything.