28 companies 11 industries value 142 bn revenue 102 bn
| Rank | Ticker | Company | Value | Revenue | Margin | FCF | 5 years | FCF/px | Yield | What it does · why it is here |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | ACGL | Arch Capital Group Reinsurance · score 6.8 | 34 bn | 19 bn | 24.4% | 6.0 bn | 17.7% | — | Specialty insurance and reinsurance, from Bermuda · Reinsurance and specialty insurance with a rare record of pricing discipline | |
| 2 | EG | Everest Group Reinsurance · score 7.2 | 15 bn | 17 bn | 11.4% | 2.0 bn | 13.4% | 2.2% | Global reinsurance and insurance, from Bermuda · One of the largest global reinsurers, known for underwriting discipline | |
| 3 | RNR | RenaissanceRe Reinsurance · score 6.8 | 15 bn | 11 bn | 23.7% | 3.6 bn | 24.7% | 0.5% | Catastrophe reinsurance and specialty insurance · Catastrophe risk specialist; high return on equity in a hard market | |
| 4 | BNT | Brookfield Wealth Solutions Ltd. Life insurance and annuities · score 5.3 | 12 bn | 12 bn | 1.5% | 3.3 bn | 26.4% | 0.4% | Annuities and wealth management from the Brookfield group · Bermuda — assets of $206bn | |
| 5 | AXS | Axis Capital Property and casualty insurance · score 7.3 | 7.3 bn | 6.8 bn | 16.2% | 2.5 bn | 33.7% | 1.9% | Specialty insurance and reinsurance, from Bermuda · Specialty insurance and global reinsurance | |
| 6 | VAL | Valaris Offshore drilling · score 2.7 | 6.2 bn | 2.1 bn | 44.0% | -0.0 bn | -0.4% | — | Contract offshore drilling rigs · Diversified rig fleet; a clean balance sheet after restructuring | |
| 7 | ESNT | Essent Group Ltd. Specialty insurance · score 7.1 | 5.8 bn | 1.3 bn | 51.5% | 0.8 bn | 14.1% | 2.1% | Private mortgage insurance in the US · Bermuda — assets of $7.6bn | |
| 8 | SIG | Signet Jewelers Jewelry retail · score 7.9 | 4.5 bn | 6.8 bn | 5.2% | 0.5 bn | 12.0% | 1.2% | Kay, Zales and Jared jewelry stores · Largest US jewelry retailer (Kay, Zales, Jared) | |
| 9 | GLNG | Golar LNG LNG and gas exports · score 3.5 | 4.5 bn | 0.5 bn | 31.3% | — | — | — | — | LNG liquefaction and regasification vessels · Pioneer in floating liquefaction vessels (FLNG), a niche with few competitors |
| 10 | DHT | DHT Holdings, Inc. Shipping and barges · score 7.5 | 3.7 bn | 0.5 bn | 42.3% | 0.3 bn | 7.5% | 3.2% | Crude oil tankers · Bermuda — revenue of $498m | |
| 11 | HG | Hamilton Insurance Group, Ltd. Specialty insurance · score 7.0 | 3.6 bn | 3.0 bn | 28.8% | 0.8 bn | 22.5% | — | Global insurance and reinsurance, with operations in London, Dublin and Bermuda · Bermuda — assets of $10.3bn | |
| 12 | TNK | TEEKAY TANKERS LTD. Shipping and barges · score 5.7 | 3.3 bn | 0.9 bn | 36.9% | 0.1 bn | 3.5% | 2.1% | Crude oil and product tankers · Bermuda — revenue of $952m | |
| 13 | AGO | ASSURED GUARANTY LTD Specialty insurance · score 6.7 | 3.1 bn | 0.9 bn | 37.3% | 0.3 bn | 10.6% | 2.2% | Financial guaranty insurance for public and structured finance, from Bermuda · Bermuda — assets of $12.6bn | |
| 14 | SDRL | SEADRILL Ltd Offshore drilling · score 2.0 | 3.0 bn | 1.5 bn | 0.1% | -0.1 bn | -1.7% | — | Offshore drilling contractor · Bermuda — revenue of $1.5bn | |
| 15 | SPNT | SiriusPoint Ltd Specialty insurance · score 6.6 | 2.9 bn | 3.3 bn | 15.6% | 0.3 bn | 9.1% | — | Global specialty insurance and reinsurance underwriting · Bermuda — assets of $12.7bn | |
| 16 | LBTYA | Liberty Global Ltd. Cable TV and media · score 0.0 | 2.6 bn | 4.9 bn | -62.1% | -0.3 bn | -10.0% | — | Telecommunications and broadband in Europe · Bermuda — revenue of $4.9bn | |
| 17 | NTB | Bank of N.T. Butterfield & Son Ltd International banks · score 7.5 | 2.3 bn | 0.6 bn | 38.2% | 0.3 bn | 12.0% | 3.3% | Banking and trust services in Bermuda · Bermuda — assets of $14.1bn | |
| 18 | PLGO | Pelagos Insurance Capital Ltd Reinsurance · score 6.8 | 2.2 bn | 2.5 bn | 15.9% | 0.6 bn | 29.1% | — | Reinsurance with disciplined underwriting and agile capital · Bermuda — assets of $14bn | |
| 19 | SFL | SFL Corp Ltd. Shipping and barges · score 6.4 | 1.7 bn | 0.7 bn | 8.8% | 0.2 bn | 13.9% | 6.3% | Ownership and chartering of ships and maritime assets · Bermuda — revenue of $729m | |
| 20 | NAT | NORDIC AMERICAN TANKERS Ltd Shipping and barges · score 4.1 | 1.6 bn | 0.3 bn | 4.2% | 0.0 bn | 1.2% | 5.3% | Suezmax crude oil tankers · Bermuda — revenue of $292m | |
| 21 | FLNG | Flex LNG LNG and gas exports · score 5.1 | 1.5 bn | 0.4 bn | 28.5% | 0.2 bn | 10.7% | 10.8% | Liquefied natural gas carriers · Fleet of modern LNG carriers chartered on long contracts | |
| 22 | BORR | Borr Drilling Ltd Offshore drilling · score 2.2 | 1.4 bn | 1.0 bn | -24.0% | 0.1 bn | 9.8% | — | Offshore jack-up drilling rigs · Bermuda — revenue of $1bn | |
| 23 | NBR | NABORS INDUSTRIES LTD Oilfield services and equipment · score 4.6 | 1.3 bn | 3.2 bn | 7.7% | 0.0 bn | 3.1% | — | Drilling rigs, software and well services · Bermuda — revenue of $3.2bn | |
| 24 | TK | TEEKAY CORP LTD Shipping and barges · score 6.6 | 1.2 bn | 0.9 bn | 10.3% | 0.1 bn | 9.3% | 7.1% | Crude oil shipping · Bermuda — revenue of $950m | |
| 25 | ASC | Ardmore Shipping Corp Shipping and barges · score 7.7 | 0.8 bn | 0.4 bn | 29.7% | 0.1 bn | 16.8% | 3.5% | Shipping of refined petroleum products · Bermuda — revenue of $368m | |
| 26 | HSHP | Himalaya Shipping Ltd. Shipping and barges · score 6.5 | 0.8 bn | 0.2 bn | 31.4% | 0.1 bn | 11.6% | 7.3% | LNG-powered Newcastlemax bulk carriers · Bermuda — revenue of $167m | |
| 27 | KG | Kestrel Group Ltd Specialty insurance · score 0.0 | 0.0 bn | 0.0 bn | -86.0% | -0.1 bn | -335.3% | — | Specialty insurance and a legacy reinsurance book, formed in 2025 · Bermuda — assets of $920m | |
| 28 | MHLA | Maiden Holdings, Ltd. Reinsurance · score 0.7 | — | 0.0 bn | -507.6% | -0.1 bn | — | — | Reinsurance, with its main subsidiary in Vermont · Bermuda — assets of $1.2bn |
By sector
| Sector | Companies | Value | Revenue | Largest |
|---|---|---|---|---|
| Financials | 13 | 103 bn | 77 bn | ACGL, EG, RNR |
| Industrials | 7 | 13 bn | 4.0 bn | DHT, TNK, SFL |
| Energy | 6 | 18 bn | 8.8 bn | VAL, GLNG, SDRL |
| Consumer Discretionary | 1 | 4.5 bn | 6.8 bn | SIG |
| Communication Services | 1 | 2.6 bn | 4.9 bn | LBTYA |
Companies by country
- All countries
- United States 3,893 companies
- China 234 companies
- Canada 209 companies
- Israel 104 companies
- Singapore 89 companies
- Hong Kong 82 companies
- United Kingdom 78 companies
- Switzerland 32 companies
- Brazil 31 companies
- Ireland 31 companies
- Australia 29 companies
- Japan 28 companies
- Greece 26 companies
- Netherlands 19 companies
- Taiwan 19 companies
- Cayman Islands 18 companies
- Germany 17 companies
- Mexico 17 companies
- Argentina 16 companies
- France 16 companies
- Malaysia 16 companies
- South Korea 14 companies
- Luxembourg 12 companies
- India 9 companies
- Belgium 8 companies
- Sweden 8 companies
- United Arab Emirates 8 companies
- Chile 7 companies
- South Africa 7 companies
- Spain 7 companies
- Denmark 6 companies
- Italy 6 companies
- Cyprus 5 companies
- Jersey 5 companies
- Colombia 4 companies
- Monaco 4 companies
- Peru 4 companies
- Norway 3 companies
- Turkey 3 companies
- Uruguay 3 companies
- British Virgin Islands 2 companies
- Costa Rica 2 companies
- Guernsey 2 companies
- Indonesia 2 companies
- Panama 2 companies
- Philippines 2 companies
- Bahamas 1 company
- Cambodia 1 company
- Finland 1 company
- Gibraltar 1 company
- Isle of Man 1 company
- Jordan 1 company
- Kazakhstan 1 company
- Macau 1 company
- Thailand 1 company
- Vietnam 1 company
What this is. A catalogue, not a guide. Every industry with stocks listed on the NYSE or NASDAQ, the companies contending for its leadership, what each one does according to its own annual report, and the balance sheet it filed with the SEC.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.
The score runs from 0 to 10 and compares each company with every other one in the almanac on cash generation, profitability, debt, dividends and consistency over the last five years. The higher it is, the better the company fares in that comparison. Curious how much each part weighs? Ask at the bottom of the page.