63 industries 813 companies value 9.8 tn revenue 3.7 tn
| Industry | n | Value | Revenue | Margin | Cash | Group leader | Concentration |
|---|---|---|---|---|---|---|---|
| Space and launch | 10 | 2.0 tn | 25 bn | -37.6% | -34 bn | SPCX 98.1% | Clear leader |
| Commercial aviation (manufacturers) | 8 | 708 bn | 196 bn | 9.4% | 15 bn | GE 45.4% | Comfortable leader |
| Heavy machinery | 19 | 623 bn | 212 bn | 8.3% | 24 bn | CAT 53.5% | Comfortable leader |
| Electrical equipment and power | 29 | 570 bn | 122 bn | 15.0% | 22 bn | GEV 42.4% | Comfortable leader |
| Defense and aerospace | 12 | 562 bn | 263 bn | 8.0% | 29 bn | RTX 46.0% | Comfortable leader |
| Railroads | 6 | 484 bn | 78 bn | 25.2% | 15 bn | UNP 35.2% | Open contest |
| Engineering and heavy construction | 56 | 365 bn | 218 bn | 3.6% | 14 bn | PWR 25.5% | Evenly matched |
| Industrial machinery and components | 28 | 344 bn | 87 bn | 13.2% | 13 bn | PH 35.5% | Open contest |
| HVAC and building products | 30 | 343 bn | 133 bn | 8.5% | 13 bn | TT 29.8% | Open contest |
| Ride-hailing and delivery | 12 | 259 bn | 86 bn | 16.9% | 15 bn | UBER 55.2% | Comfortable leader |
| Commercial services (waste) | 20 | 242 bn | 70 bn | 12.6% | 8.9 bn | WM 37.4% | Open contest |
| Trucking and parcel delivery | 23 | 229 bn | 169 bn | 4.7% | 11 bn | UPS 36.3% | Open contest |
| Industrial distribution (MRO) | 16 | 211 bn | 105 bn | 6.3% | 4.3 bn | GWW 29.5% | Open contest |
| Professional services and HR | 40 | 196 bn | 54 bn | 10.4% | 10 bn | ADP 58.3% | Comfortable leader |
| Risk data and analytics | 10 | 188 bn | 47 bn | 15.0% | 11 bn | RELX 38.1% | Open contest |
| Airlines | 21 | 170 bn | 311 bn | 3.5% | 12 bn | DAL 28.9% | Open contest |
| Electronic and space defense | 13 | 149 bn | 101 bn | 7.1% | 6.5 bn | NOC 48.6% | Comfortable leader |
| Logistics and air freight | 24 | 141 bn | 159 bn | 4.5% | 7.7 bn | FDX 49.4% | Comfortable leader |
| Industrial automation | 7 | 138 bn | 54 bn | 18.6% | 6.4 bn | HON 48.1% | Comfortable leader |
| Commercial services (uniforms and support) | 6 | 131 bn | 42 bn | 9.7% | 4.0 bn | CTAS 64.2% | Clear leader |
| Mission-critical communications and public safety | 15 | 113 bn | 19 bn | 13.2% | 3.2 bn | MSI 67.1% | Clear leader |
| Equipment rental | 9 | 111 bn | 44 bn | 9.8% | 12 bn | URI 57.4% | Comfortable leader |
| Auto parts (manufacturers) | 39 | 110 bn | 192 bn | 1.2% | 9.7 bn | MGA 16.6% | Evenly matched |
| Data center infrastructure | 6 | 104 bn | 22 bn | 9.6% | 2.0 bn | VRT 76.4% | Clear leader |
| Shipping and barges | 57 | 101 bn | 45 bn | 26.1% | 11 bn | FRO 11.2% | Evenly matched |
| Aircraft spare parts | 10 | 100 bn | 15 bn | 11.7% | 2.1 bn | HEI 43.1% | Comfortable leader |
| Electromechanical components | 6 | 93 bn | 14 bn | 17.7% | 3.0 bn | AME 61.1% | Clear leader |
| Pumps, valves and fluid handling | 16 | 93 bn | 26 bn | 11.9% | 3.5 bn | ITT 19.1% | Evenly matched |
| Industrial filtration | 11 | 79 bn | 27 bn | 12.2% | 3.5 bn | VLTO 31.0% | Open contest |
| Technology distribution | 15 | 75 bn | 237 bn | 1.9% | 0.9 bn | SNX 26.4% | Evenly matched |
| Heavy trucks | 9 | 75 bn | 45 bn | 7.9% | 5.4 bn | PCAR 76.3% | Clear leader |
| Tools and equipment | 12 | 61 bn | 35 bn | 6.3% | 4.5 bn | SNA 30.9% | Open contest |
| IT services for defense and government | 14 | 53 bn | 65 bn | 4.8% | 5.2 bn | LDOS 30.0% | Open contest |
| Rail equipment | 5 | 50 bn | 16 bn | 8.7% | 1.7 bn | WAB 96.5% | Clear leader |
| Aircraft and railcar leasing | 4 | 48 bn | 15 bn | 29.2% | 6.2 bn | AER 50.9% | Comfortable leader |
| Compressors and process equipment | 3 | 40 bn | 14 bn | 9.9% | 1.9 bn | IR 75.9% | Clear leader |
| Drones and autonomous systems | 27 | 33 bn | 4.2 bn | -53.7% | -2.2 bn | AUR 29.9% | Open contest |
| Building products distribution | 8 | 32 bn | 48 bn | 0.8% | 1.8 bn | QXO 33.2% | Open contest |
| Airport concessions | 4 | 28 bn | 7.1 bn | 23.8% | 2.5 bn | PAC 43.4% | Comfortable leader |
| Elevators and escalators | 1 | 27 bn | 15 bn | 10.2% | 1.7 bn | OTIS 100.0% | No listed rival |
| Pest control | 3 | 26 bn | 11 bn | 9.2% | 1.4 bn | ROL 59.5% | Comfortable leader |
| Warehouse and service robotics | 5 | 24 bn | 2.7 bn | -9.2% | 0.7 bn | SYM 97.7% | Clear leader |
| Business services (diversified) | 12 | 24 bn | 7.8 bn | 3.9% | 0.7 bn | RBA 62.5% | Clear leader |
| Facilities and building maintenance | 5 | 23 bn | 22 bn | 2.9% | 1.1 bn | APG 76.1% | Clear leader |
| Staffing and recruitment | 21 | 22 bn | 42 bn | 1.6% | 1.9 bn | BZ 34.0% | Open contest |
| Welding and cutting | 3 | 21 bn | 9.8 bn | 10.9% | 0.7 bn | LECO 69.0% | Clear leader |
| Building security and locks | 9 | 19 bn | 9.4 bn | 7.9% | 1.1 bn | ALLE 69.7% | Clear leader |
| Electric motors and automation | 2 | 18 bn | 11 bn | 5.4% | 0.8 bn | RRX 57.3% | Comfortable leader |
| Labels and identification | 6 | 17 bn | 11 bn | 7.9% | 1.2 bn | AVY 76.6% | Clear leader |
| Security and cash handling | 10 | 17 bn | 16 bn | 7.5% | 2.6 bn | ADT 29.2% | Open contest |
| Electric air mobility (eVTOL) | 7 | 13 bn | 0.2 bn | -11x | -2.3 bn | JOBY 35.4% | Open contest |
| Funeral services | 3 | 12 bn | 5.9 bn | 9.4% | 0.6 bn | SCI 90.6% | Clear leader |
| Aircraft maintenance (MRO) | 3 | 12 bn | 10 bn | 5.4% | 0.4 bn | SARO 61.7% | Clear leader |
| Simulation and training | 3 | 10 bn | 8.4 bn | 3.8% | 0.5 bn | CAE 78.1% | Clear leader |
| Energy storage (batteries) | 16 | 9.1 bn | 7.6 bn | -7.7% | -0.1 bn | ENS 66.8% | Clear leader |
| Satellite Earth observation | 5 | 7.8 bn | 0.7 bn | -88.0% | -0.2 bn | PL 63.5% | Clear leader |
| Office furniture and workplaces | 4 | 7.2 bn | 16 bn | -0.8% | 0.4 bn | HNI 46.0% | Comfortable leader |
| Professional employer organizations (PEO) | 3 | 5.8 bn | 13 bn | 1.5% | 0.5 bn | TNET 54.5% | Comfortable leader |
| Guns and ammunition | 8 | 5.8 bn | 9.2 bn | -1.3% | 0.3 bn | OLN 29.9% | Open contest |
| Next-generation batteries | 8 | 5.3 bn | 0.2 bn | -283.4% | -0.7 bn | QS 45.2% | Comfortable leader |
| Commercial printing | 9 | 4.0 bn | 8.7 bn | 3.0% | 0.5 bn | CMPR 46.8% | Comfortable leader |
| Additive manufacturing (3D printing) | 5 | 2.1 bn | 1.4 bn | -25.9% | -0.2 bn | SSYS 29.0% | Open contest |
| Tires | 2 | 1.6 bn | 20 bn | -13.4% | 0.2 bn | GT 73.8% | Clear leader |
The 20 largest companies in the sector
| Rank | Ticker | Company | Industry | Value | Revenue | Margin | FCF |
|---|---|---|---|---|---|---|---|
| 1 | SPCX | SpaceX United States · score 0.2 | Space and launch | 2.0 tn | 23 bn | -35.7% | -32 bn |
| 2 | CAT | Caterpillar United States · score 6.1 | Heavy machinery | 334 bn | 75 bn | 11.9% | 11 bn |
| 3 | GE | GE Aerospace United States · score 5.9 | Commercial aviation (manufacturers) | 322 bn | 53 bn | 17.3% | 8.0 bn |
| 4 | RTX | RTX Corporation United States · score 6.3 | Defense and aerospace | 259 bn | 94 bn | 8.3% | 11 bn |
| 5 | GEV | GE Vernova United States · score 7.0 | Electrical equipment and power | 242 bn | 41 bn | 23.0% | 12 bn |
| 6 | UNP | Union Pacific United States · score 6.4 | Railroads | 171 bn | 25 bn | 28.8% | 6.5 bn |
| 7 | DE | Deere & Company United States · score 6.1 | Heavy machinery | 169 bn | 48 bn | 10.2% | 6.0 bn |
| 8 | ETN | Eaton Corporation Ireland/United States · score 5.8 | Electrical equipment and power | 152 bn | 30 bn | 12.8% | 3.9 bn |
| 9 | BA | Boeing United States · score 0.7 | Commercial aviation (manufacturers) | 151 bn | 94 bn | 2.6% | -0.2 bn |
| 10 | UBER | Uber Technologies United States · score 6.9 | Ride-hailing and delivery | 143 bn | 55 bn | 17.3% | 10 bn |
| 11 | LMT | Lockheed Martin United States · score 7.0 | Defense and aerospace | 127 bn | 77 bn | 8.2% | 8.7 bn |
| 12 | PH | Parker Hannifin United States · score 6.4 | Industrial machinery and components | 122 bn | 22 bn | 17.0% | 3.9 bn |
| 13 | ADP | Automatic Data Processing United States · score 7.2 | Professional services and HR | 114 bn | 22 bn | 20.1% | 5.4 bn |
| 14 | TT | Trane Technologies Ireland/United States · score 6.6 | HVAC and building products | 102 bn | 22 bn | 13.3% | 3.5 bn |
| 15 | PWR | Quanta Services United States · score 5.8 | Engineering and heavy construction | 93 bn | 33 bn | 4.0% | 2.4 bn |
| 16 | GD | General Dynamics United States · score 7.2 | Defense and aerospace | 92 bn | 53 bn | 8.5% | 6.2 bn |
| 17 | WM | Waste Management United States · score 6.0 | Commercial services (waste) | 91 bn | 26 bn | 11.1% | 3.6 bn |
| 18 | JCI | Johnson Controls Ireland/United States · score 6.4 | HVAC and building products | 90 bn | 25 bn | 14.3% | 3.2 bn |
| 19 | EMR | Emerson Electric United States · score 6.2 | Electrical equipment and power | 90 bn | 19 bn | 13.8% | 3.5 bn |
| 20 | CSX | CSX Corporation United States · score 5.9 | Railroads | 89 bn | 15 bn | 22.2% | 2.8 bn |
Other sectors
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.