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Margin Expanders

Companies whose operating margin expanded by at least 10 percentage points over the selected window. A company going from 5% to 15% operating margin is doing something structural — pricing power, scale benefits, business-mix shift. Often a leading indicator of multibagger runs. A green check means the company was profitable in at least 3 of the last 5 years.

Updated 12 Jun 2026

Period

Min expansion

Sector

Profitable only

Showing companies whose operating margin expanded by at least 10pp over 10 years, sector: all, profitable only

Companies

—

Median expansion

—

Top expander

—

# Company Market cap Margin 10y ago Margin now Expansion

GPOR Energy

Gulfport Energy Corporation

$3B

—

LNG Energy

CHENIERE ENERGY, INC.

$51B

—

FANG Energy

Diamondback Energy, Inc.

$54B

—

EXE Energy

EXPAND ENERGY CORPORATION

$21B

—

ALNY Healthcare

ALNYLAM PHARMACEUTICALS, INC.

$38B

—

CCL Consumer Cyclical

Carnival Corp Ltd.

$40B

—

CARS Communication Services

Cars.com Inc.

$530M

—

MKTW Financial Services

MarketWise, Inc.

$45M

—

PTCT Healthcare

PTC Therapeutics, Inc.

$6B

—

PR Energy

Permian Resources Corp

$17B

—

MUX Basic Materials

McEWEN INC.

$1B

—

LNWO Consumer Cyclical

LIGHT & WONDER, INC.

$7B

—

PLTR Technology

Palantir Technologies Inc.

$307B

—

AKBA Healthcare

AKEBIA THERAPEUTICS, INC.

$248M

—

BB Technology

BlackBerry Limited

$5B

—

MUR Energy

MURPHY OIL CORPORATION

$6B

—

NVAX Healthcare

NOVAVAX, INC.

$1B

—

GNK Industrials

GENCO SHIPPING & TRADING LIMITED

$1B

—

ABNB Consumer Cyclical

Airbnb, Inc.

$79B

—

SM Energy

SM ENERGY CO

$7B

—

NINE Energy

Nine Energy Service, Inc.

$451M

—

FCX Basic Materials

Freeport-McMoRan Inc.

$98B

—

OVV Energy

Ovintiv Inc.

$16B

—

IMAX Communication Services

IMAX Corporation

$2B

—

EOG Energy

EOG RESOURCES, INC.

$73B

—

AHT Real Estate

ASHFORD HOSPITALITY TRUST, INC.

$20M

—

IRWD Healthcare

IRONWOOD PHARMACEUTICALS, INC.

$601M

—

USAC Energy

USA Compression Partners, LP

$4B

—

GBTG Consumer Cyclical

Global Business Travel Group, Inc.

$5B

—

BSM Energy

Black Stone Minerals, L.P.

$3B

—

MTDR Energy

Matador Resources Company

$7B

—

LYV Communication Services

LIVE NATION ENTERTAINMENT, INC.

$40B

—

BORR Energy

Borr Drilling Limited

$1B

—

XYF Financial Services

X Financial

$194M

—

ROOT Financial Services

Root, Inc

$869M

—

DSX Industrials

DIANA SHIPPING INC.

$295M

—

AREN Communication Services

THE ARENA GROUP HOLDINGS, INC.

$60M

—

SABR Technology

Sabre Corporation

$672M

—

RAIL Industrials

FREIGHTCAR AMERICA, INC.

$156M

—

DAL Industrials

Delta Air Lines, Inc.

$55B

—

VRTX Healthcare

VERTEX PHARMACEUTICALS INC / MA

$113B

—

SEI Energy

SOLARIS ENERGY INFRASTRUCTURE, INC.

$7B

—

APP Communication Services

AppLovin Corp

$167B

—

PRKS Consumer Cyclical

United Parks & Resorts Inc.

$2B

—

MCS Communication Services

MARCUS CORP

$690M

—

RHP Real Estate

RYMAN HOSPITALITY PROPERTIES, INC.

$8B

—

XHR Real Estate

Xenia Hotels & Resorts, Inc.

$2B

—

ACAD Healthcare

ACADIA PHARMACEUTICALS INC

$4B

—

WYNN Consumer Cyclical

WYNN RESORTS LTD

$11B

—

LKNCY Consumer Cyclical

Luckin Coffee Inc.

$9B

—

BOX Technology

Box, Inc.

$4B

—

HST Real Estate

HOST HOTELS & RESORTS, INC.

$17B

—

NCSM Energy

NCS Multistage Holdings, Inc.

$143M

—

EQT Energy

EQT Corporation

$32B

—

NTNX Technology

NUTANIX, INC.

$13B

—

RIGL Healthcare

RIGEL PHARMACEUTICALS INC

$608M

—

PEB Real Estate

PEBBLEBROOK HOTEL TRUST

$2B

—

LVS Consumer Cyclical

LAS VEGAS SANDS CORP

$34B

—

ESPR Healthcare

Esperion Therapeutics, Inc.

$812M

—

TDW Energy

TIDEWATER INC

$4B

—

AM Energy

ANTERO MIDSTREAM CORPORATION

$10B

—

WTTR Energy

SELECT WATER SOLUTIONS, INC.

$3B

—

MLCO Consumer Cyclical

MELCO RESORTS & ENTERTAINMENT LIMITED

$2B

—

EXPE Consumer Cyclical

EXPEDIA GROUP, INC.

$27B

—

FTI Energy

TechnipFMC plc

$28B

—

AAL Industrials

American Airlines Group Inc.

$10B

—

PLAY Communication Services

DAVE & BUSTER’S ENTERTAINMENT, INC.

$449M

—

GDRX Healthcare

GoodRx Holdings, Inc.

$897M

—

GLNG Energy

Golar LNG Limited

$5B

—

DAO Consumer Defensive

Youdao, Inc.

$1B

—

TRIP Consumer Cyclical

TRIPADVISOR, INC.

$1B

—

MPLX Energy

MPLX LP

$58B

—

AKR Real Estate

ACADIA REALTY TRUST

$3B

—

ATI Industrials

ATI INC

$27B

—

LAUR Consumer Defensive

Laureate Education, Inc.

$5B

—

ACIC Financial Services

American Coastal Insurance Corporation

$506M

—

SMHI Industrials

SEACOR Marine Holdings Inc.

$201M

—

CRGY Energy

Crescent Energy Company

$4B

—

WFRD Energy

Weatherford International plc

$7B

—

INN Real Estate

SUMMIT HOTEL PROPERTIES, INC.

$672M

—

RSI Consumer Cyclical

Rush Street Interactive, Inc.

$7B

—

RMBS Technology

RAMBUS INC

$16B

—

RES Energy

RPC, INC.

$2B

—

UBER Technology

UBER TECHNOLOGIES, INC.

$140B

—

TBCH Technology

TURTLE BEACH CORPORATION

$264M

—

INSP Healthcare

Inspire Medical Systems, Inc.

$1B

—

LTH Consumer Cyclical

Life Time Group Holdings, Inc.

$8B

—

ALKS Healthcare

Alkermes plc.

$7B

—

XPRO Energy

Expro Group Holdings N.V.

$2B

—

ALK Industrials

ALASKA AIR GROUP, INC.

$5B

—

LEU Energy

Centrus Energy Corp.

$3B

—

P Technology

Everpure, Inc.

$24B

—

CCO Communication Services

CLEAR CHANNEL OUTDOOR HOLDINGS, INC.

$1B

—

RMNI Technology

RIMINI STREET, INC.

$385M

—

IVT Real Estate

INVENTRUST PROPERTIES CORP.

$3B

—

UAL Industrials

United Airlines Holdings, Inc.

$37B

—

HLX Energy

Helix Energy Solutions Group, Inc.

$1B

—

FET Energy

FORUM ENERGY TECHNOLOGIES, INC.

$599M

—

GSAT Communication Services

GLOBALSTAR, INC.

$10B

—

100

STG Consumer Defensive

Sunlands Technology Group

$39M

—

101

SFL Industrials

SFL Corporation Ltd.

$2B

—

102

JILL Consumer Cyclical

J.Jill, Inc.

$221M

—

103

NVDA Technology

NVIDIA CORP

$4.97T

—

104

NOV Energy

NOV INC.

$8B

—

105

BHR Real Estate

BRAEMAR HOTELS & RESORTS INC.

$160M

—

106

AR Energy

ANTERO RESOURCES CORPORATION

$11B

—

107

EPR Real Estate

EPR PROPERTIES

$5B

—

108

HHS Industrials

HARTE HANKS, INC.

$19M

—

109

HL Basic Materials

HECLA MINING COMPANY

$10B

—

110

VOYA Financial Services

Voya Financial, Inc.

$8B

—

111

WEX Technology

WEX Inc.

$5B

—

112

LUV Industrials

SOUTHWEST AIRLINES CO.

$22B

—

113

LIVN Healthcare

LivaNova PLC

$4B

—

114

LQDT Consumer Cyclical

LIQUIDITY SERVICES, INC

$1B

—

115

RPD Technology

RAPID7, INC.

$477M

—

116

HTHT Consumer Cyclical

H World Group Ltd

$14B

—

117

CLDT Real Estate

Chatham Lodging Trust

$631M

—

118

TUYA Technology

Tuya Inc.

$1B

—

119

BFS Real Estate

SAUL CENTERS, INC.

$1B

—

120

BKNG Consumer Cyclical

Booking Holdings Inc.

$128B

—

121

DBX Technology

Dropbox, Inc.

$6B

—

122

VCYT Healthcare

VERACYTE, INC.

$4B

—

123

SE Consumer Cyclical

Sea Limited

$51B

—

124

IDCC Technology

INTERDIGITAL, INC.

$7B

—

125

INCY Healthcare

INCYTE CORPORATION

$22B

—

126

GILT Technology

GILAT SATELLITE NETWORKS LTD.

$1B

—

127

NRG Utilities

NRG Energy, Inc

$26B

—

128

TRN Industrials

TRINITY INDUSTRIES INC

$3B

—

129

CMRE Industrials

COSTAMARE INC.

$2B

—

130

TRGP Energy

TARGA RESOURCES CORP.

$59B

—

131

MGNI Communication Services

MAGNITE, INC.

$2B

—

132

SMA Real Estate

SmartStop Self Storage REIT, Inc.

$2B

—

133

RAMP Technology

LiveRamp Holdings, Inc.

$2B

—

134

PDD Consumer Cyclical

PDD Holdings Inc.

$116B

—

135

ATEN Technology

A10 NETWORKS, INC.

$2B

—

136

YEXT Technology

YEXT, INC.

$407M

—

137

PODD Healthcare

INSULET CORPORATION

$10B

—

138

CALM Consumer Defensive

Cal-Maine Foods, Inc.

$4B

—

139

OII Energy

OCEANEERING INTERNATIONAL INC

$4B

—

140

UPBD Technology

UPBOUND GROUP, INC.

$1B

—

141

HP Energy

Helmerich & Payne, Inc.

$4B

—

142

APLE Real Estate

APPLE HOSPITALITY REIT, INC.

$4B

—

143

NFG Energy

NATIONAL FUEL GAS CO

$7B

—

144

JOE Real Estate

The St. Joe Company

$4B

—

145

KEX Industrials

KIRBY CORPORATION

$8B

—

146

PRDO Consumer Defensive

PERDOCEO EDUCATION Corp

$2B

—

147

GCMG Financial Services

GCM Grosvenor Inc.

$685M

—

148

TEVA Healthcare

TEVA PHARMACEUTICAL INDUSTRIES LIMITED

$40B

—

149

DXCM Healthcare

DEXCOM, INC.

$29B

—

150

MDXG Healthcare

MIMEDX GROUP, INC.

$536M

—

151

CQP Energy

Cheniere Energy Partners, L.P.

$31B

—

152

TCOM Consumer Cyclical

Trip.com Group Limited

$29B

—

153

WH Consumer Cyclical

Wyndham Hotels & Resorts, Inc.

$6B

—

154

YALA Technology

YALLA GROUP LIMITED

$806M

—

155

WES Energy

WESTERN MIDSTREAM PARTNERS, LP

$18B

—

156

NPKI Industrials

NPK International Inc.

$1B

—

157

ALGT Industrials

ALLEGIANT TRAVEL COMPANY

$2B

—

158

INVX Energy

INNOVEX INTERNATIONAL, INC.

$2B

—

159

PTC Technology

PTC Inc.

$13B

—

160

MOV Consumer Cyclical

MOVADO GROUP, INC.

$860M

—

161

PD Technology

PAGERDUTY, INC.

$687M

—

162

HLT Consumer Cyclical

Hilton Worldwide Holdings Inc.

$79B

—

163

RRGB Consumer Cyclical

RED ROBIN GOURMET BURGERS, INC.

$94M

—

164

XNET Technology

Xunlei Ltd

$333M

—

165

INSW Energy

International Seaways, Inc.

$4B

—

166

TOST Technology

Toast, Inc.

$14B

—

167

UAN Basic Materials

CVR PARTNERS, LP

$1B

—

168

RGS Consumer Cyclical

Regis Corp

$68M

—

169

TWLO Technology

TWILIO INC.

$31B

—

170

VNCE Consumer Cyclical

Vince Holding Corp.

$62M

—

171

M Consumer Cyclical

Macy's, Inc.

$7B

—

172

TSQ Communication Services

Townsquare Media, Inc.

$119M

—

173

ARLO Industrials

ARLO TECHNOLOGIES, INC.

$1B

—

174

KALU Basic Materials

KAISER ALUMINUM CORP

$3B

—

175

COTY Consumer Defensive

COTY INC.

$2B

—

176

NOW Technology

ServiceNow, Inc.

$105B

—

177

FICO Technology

Fair Isaac Corp

$27B

—

178

EGHT Technology

8x8, Inc.

$251M

—

179

BILI Communication Services

Bilibili Inc.

$7B

—

180

PBYI Healthcare

PUMA BIOTECHNOLOGY, INC.

$373M

—

181

TDC Technology

TERADATA CORP /DE/

$3B

—

182

HRTG Financial Services

Heritage Insurance Holdings, Inc.

$680M

—

183

QTWO Technology

Q2 Holdings, Inc.

$3B

—

184

PCTY Technology

PAYLOCITY HOLDING CORPORATION

$6B

—

185

GEN Technology

Gen Digital Inc.

$15B

—

186

OKTA Technology

Okta, Inc.

$20B

—

187

SPOK Healthcare

SPOK HOLDINGS, INC.

$228M

—

188

GEL Energy

GENESIS ENERGY LP

$2B

—

189

FTNT Technology

FORTINET, INC.

$107B

—

190

PEGA Technology

PEGASYSTEMS INC.

$5B

—

191

WDAY Technology

Workday, Inc.

$32B

—

192

SCOR Technology

COMSCORE, INC.

$115M

—

193

YOU Technology

CLEAR SECURE, INC.

$7B

—

194

ATRO Industrials

ASTRONICS CORP

$3B

—

195

AGYS Technology

AGILYSYS, INC.

$3B

—

196

MVST Consumer Cyclical

Microvast Holdings, Inc.

$376M

—

197

CVEO Consumer Cyclical

Civeo Corp

$378M

—

198

LSCC Technology

Lattice Semiconductor Corp

$20B

—

199

VERX Technology

Vertex, Inc.

$2B

—

200

DBI Consumer Cyclical

DESIGNER BRANDS INC.

$349M

—

201

CBT Basic Materials

Cabot Corporation

$5B

—

202

USLM Basic Materials

UNITED STATES LIME & MINERALS INC

$3B

—

203

EIX Utilities

EDISON INTERNATIONAL

$28B

—

204

TISI Industrials

TEAM INC

$76M

—

205

HAL Energy

HALLIBURTON COMPANY

$33B

—

206

GTY Real Estate

GETTY REALTY CORP.

$2B

—

207

PLOW Consumer Cyclical

DOUGLAS DYNAMICS, INC

$1B

—

208

BA Industrials

THE BOEING COMPANY

$173B

—

209

CZR Consumer Cyclical

CAESARS ENTERTAINMENT, INC.

$6B

—

210

EXEL Healthcare

EXELIXIS, INC.

$13B

—

211

RGLD Basic Materials

Royal Gold, Inc

$18B

—

212

MSFT Technology

MICROSOFT CORPORATION

$2.90T

—

213

GTLS Industrials

CHART INDUSTRIES, INC.

$10B

—

214

LTC Real Estate

LTC PROPERTIES INC

$2B

—

215

JHG Financial Services

JANUS HENDERSON GROUP PLC

$8B

—

216

HUBS Technology

HubSpot, Inc.

$10B

—

217

TK Energy

TEEKAY CORPORATION LTD.

$1B

—

218

WNC Industrials

WABASH NATIONAL CORPORATION

$395M

—

219

LXU Basic Materials

LSB INDUSTRIES, INC.

$878M

—

220

TSLA Consumer Cyclical

Tesla, Inc.

$1.53T

—

221

BMRN Healthcare

BioMarin Pharmaceutical Inc

$11B

—

222

ANET Technology

Arista Networks, Inc.

$206B

—

223

NFLX Communication Services

Netflix, Inc.

$338B

—

224

MRVL Technology

MARVELL TECHNOLOGY, INC

$245B

—

225

ADT Industrials

ADT Inc.

$5B

—

226

IR Industrials

Ingersoll Rand Inc.

$29B

—

227

WTS Industrials

WATTS WATER TECHNOLOGIES INC

$11B

—

228

GRPN Communication Services

Groupon, Inc.

$646M

—

229

PANW Technology

PALO ALTO NETWORKS, INC

$228B

—

230

SCCO Basic Materials

SOUTHERN COPPER CORP/

$158B

—

231

NWPX Basic Materials

NWPX Infrastructure, Inc.

$1B

—

232

FRSH Technology

Freshworks Inc.

$3B

—

233

WIX Technology

Wix.com Ltd.

$2B

—

234

JOYY Communication Services

JOYY INC

$3B

—

235

MPC Energy

MARATHON PETROLEUM CORPORATION

$77B

—

236

ARLP Energy

ALLIANCE RESOURCE PARTNERS LP

$3B

—

237

SPXC Industrials

SPX TECHNOLOGIES, INC.

$12B

—

238

CAL Consumer Cyclical

CALERES, INC

$492M

—

239

AVGO Technology

Broadcom Inc.

$1.82T

—

240

DUOL Technology

Duolingo, Inc.

$6B

—

241

VCTR Financial Services

Victory Capital Holdings, Inc.

$5B

—

242

NBR Energy

NABORS INDUSTRIES LTD

$2B

—

243

AMD Technology

ADVANCED MICRO DEVICES INC

$834B

—

244

MG Industrials

Mistras Group, Inc.

$593M

—

245

CAKE Consumer Cyclical

THE CHEESECAKE FACTORY INCORPORATED

$4B

—

246

UPWK Communication Services

UPWORK INC.

$1B

—

247

DOCN Technology

DigitalOcean Holdings, Inc.

$18B

—

248

OSPN Technology

OneSpan Inc.

$531M

—

249

PM Consumer Defensive

Philip Morris International Inc.

$287B

—

250

AMPH Healthcare

Amphastar Pharmaceuticals, Inc.

$886M

—

251

RRR Consumer Cyclical

RED ROCK RESORTS, INC.

$6B

—

252

BBCP Industrials

CONCRETE PUMPING HOLDINGS, INC.

$560M

—

253

QUAD Industrials

Quad/Graphics, Inc.

$391M

—

254

GASS Industrials

STEALTHGAS INC.

$359M

—

255

ADSK Technology

AUTODESK, INC.

$42B

—

256

BSX Healthcare

BOSTON SCIENTIFIC CORP

$70B

—

257

PATH Technology

UiPath, Inc.

$5B

—

258

NCNO Technology

nCino, Inc.

$2B

—

259

GOGO Communication Services

Gogo Inc.

$495M

—

260

LNTH Healthcare

LANTHEUS HOLDINGS, INC.

$7B

—

261

DOCU Technology

DOCUSIGN, INC.

$9B

—

262

INSG Technology

INSEEGO CORP.

$181M

—

263

IQ Communication Services

iQIYI, Inc.

$994M

—

264

IRDM Communication Services

Iridium Communications Inc.

$5B

—

265

WCN Industrials

WASTE CONNECTIONS, INC.

$40B

—

266

XYZ Technology

Block, Inc.

$41B

—

267

KMT Industrials

KENNAMETAL INC

$3B

—

268

QLYS Technology

QUALYS, INC.

$4B

—

269

PEN Healthcare

Penumbra, Inc

$13B

—

270

PAYO Technology

Payoneer Global Inc.

$2B

—

271

PSIX Industrials

POWER SOLUTIONS INTERNATIONAL, INC.

$939M

—

272

DASH Consumer Cyclical

DOORDASH, INC.

$66B

—

273

ANIP Healthcare

ANI PHARMACEUTICALS, INC

$2B

—

274

VICR Technology

VICOR CORPORATION

$14B

—

275

LBRT Energy

Liberty Energy Inc.

$5B

—

276

NXPI Technology

NXP Semiconductors N.V.

$77B

—

277

HQY Healthcare

HEALTHEQUITY, INC.

$7B

—

278

HWM Industrials

Howmet Aerospace Inc.

$106B

—

279

GSL Industrials

Global Ship Lease, Inc.

$1B

—

280

EPRT Real Estate

Essential Properties Realty Trust, Inc.

$7B

—

281

TWIN Industrials

TWIN DISC INC

$289M

—

282

INSE Consumer Cyclical

INSPIRED ENTERTAINMENT, INC.

$221M

—

283

FIVN Technology

Five9, Inc.

$2B

—

284

FSLR Technology

First Solar, Inc.

$29B

—

285

TNL Consumer Cyclical

Travel & Leisure Co.

$5B

—

286

STRL Industrials

Sterling Infrastructure, Inc.

$26B

—

287

WB Communication Services

WEIBO CORPORATION

$2B

—

288

NGVT Basic Materials

INGEVITY CORPORATION

$3B

—

289

NVMI Technology

NOVA LTD.

$19B

—

290

CRM Technology

Salesforce, Inc.

$136B

—

291

MGM Consumer Cyclical

MGM Resorts International

$13B

—

292

AVPT Technology

AvePoint, Inc.

$2B

—

293

ONTO Technology

ONTO INNOVATION INC.

$16B

—

294

DFIN Technology

Donnelley Financial Solutions, Inc.

$960M

—

295

NTAP Technology

NetApp, Inc.

$32B

—

296

TRS Consumer Cyclical

TRIMAS CORPORATION

$1B

—

297

WMB Energy

The Williams Companies, Inc.

$88B

—

298

NVGS Energy

NAVIGATOR HOLDINGS LTD.

$1B

—

299

CHDN Consumer Cyclical

Churchill Downs Inc

$6B

—

300

BYD Consumer Cyclical

BOYD GAMING CORP

$7B

—

301

PVH Consumer Cyclical

PVH CORP.

$4B

—

302

EZPW Financial Services

EZCORP, INC.

$2B

—

303

GILD Healthcare

GILEAD SCIENCES, INC.

$156B

—

304

PARR Energy

PAR PACIFIC HOLDINGS, INC.

$3B

—

305

CF Basic Materials

CF INDUSTRIES HOLDINGS, INC.

$17B

—

306

EPAC Industrials

ENERPAC TOOL GROUP CORP.

$2B

—

307

CCLD Healthcare

CareCloud, Inc.

$98M

—

308

PUMP Energy

ProPetro Holding Corp.

$2B

—

309

MSCI Financial Services

MSCI INC.

$44B

—

310

YELP Communication Services

YELP INC.

$1B

—

311

CTEV Healthcare

Claritev Corp

$527M

—

312

LRCX Technology

LAM RESEARCH CORPORATION

$459B

—

313

TPR Consumer Cyclical

Tapestry, Inc.

$30B

—

314

MSGS Communication Services

MADISON SQUARE GARDEN SPORTS CORP.

$9B

—

315

CRS Industrials

CARPENTER TECHNOLOGY CORPORATION

$28B

—

316

RCL Consumer Cyclical

ROYAL CARIBBEAN CRUISES LTD

$79B

—

317

NTCT Technology

NETSCOUT SYSTEMS, INC.

$3B

—

318

POWL Industrials

Powell Industries, Inc.

$11B

—

319

EVCM Technology

EverCommerce Inc.

$2B

—

320

HAE Healthcare

HAEMONETICS CORPORATION

$4B

—

321

TEN Energy

TSAKOS ENERGY NAVIGATION LIMITED

$1B

—

322

TNK Energy

TEEKAY TANKERS LTD.

$3B

—

323

MLI Industrials

MUELLER INDUSTRIES INC

$15B

—

324

MOD Consumer Cyclical

MODINE MANUFACTURING CO

$14B

—

325

WLY Communication Services

JOHN WILEY & SONS, INC.

$2B

—

326

RELY Technology

Remitly Global, Inc.

$4B

—

327

FWRG Consumer Cyclical

First Watch Restaurant Group, Inc.

$764M

—

328

PINS Communication Services

Pinterest, Inc.

$11B

—

329

FOUR Technology

SHIFT4 PAYMENTS, INC.

$4B

—

330

ACEL Consumer Cyclical

Accel Entertainment, Inc.

$1B

—

331

NI Utilities

NISOURCE INC.

$23B

—

332

WWW Consumer Cyclical

WOLVERINE WORLD WIDE, INC.

$1B

—

333

LITB Consumer Cyclical

LightInTheBox Holding Co., Ltd.

$64M

—

334

KMI Energy

KINDER MORGAN, INC.

$71B

—

335

NSSC Industrials

NAPCO SECURITY TECHNOLOGIES, INC

$1B

—

336

RL Consumer Cyclical

RALPH LAUREN CORPORATION

$24B

—

337

WMG Communication Services

Warner Music Group Corp.

$15B

—

338

MEDP Healthcare

Medpace Holdings, Inc.

$13B

—

339

FLXS Consumer Cyclical

FLEXSTEEL INDUSTRIES, INC.

$257M

—

340

TILE Consumer Cyclical

INTERFACE INC

$2B

—

341

NHP Real Estate

National Healthcare Properties, Inc.

$1B

—

342

RNG Technology

RingCentral, Inc.

$3B

—

343

RCMT Industrials

RCM TECHNOLOGIES, INC.

$182M

—

344

PLNT Consumer Cyclical

PLANET FITNESS, INC.

$4B

—

345

CERT Healthcare

Certara, Inc.

$809M

—

346

MAR Consumer Cyclical

MARRIOTT INTERNATIONAL INC /MD/

$106B

—

347

FISV —

FISERV, INC.

$29B

—

348

VRRM Technology

VERRA MOBILITY CORPORATION

$709M

—

349

BE Industrials

BLOOM ENERGY CORPORATION

$74B

—

350

HIMS Healthcare

HIMS & HERS HEALTH, INC.

$6B

—

351

D Utilities

DOMINION ENERGY, INC

$60B

—

352

GDDY Technology

GoDaddy Inc.

$10B

—

353

CPS Consumer Cyclical

COOPER-STANDARD HOLDINGS INC.

$523M

—

354

WEYS Consumer Cyclical

WEYCO GROUP, INC.

$353M

—

355

DECK Consumer Cyclical

DECKERS OUTDOOR CORP

$16B

—

356

BJRI Consumer Cyclical

BJ’S RESTAURANTS, INC.

$1B

—

357

TEL Technology

TE CONNECTIVITY PLC

$61B

—

358

HURN Industrials

HURON CONSULTING GROUP INC.

$2B

—

359

SSP Communication Services

THE E.W. SCRIPPS COMPANY

$274M

—

360

LIN Basic Materials

LINDE PLC

$242B

—

361

PLAB Technology

PHOTRONICS, INC.

$2B

—

362

VIAV Technology

Viavi Solutions Inc.

$13B

—

363

ANF Consumer Cyclical

Abercrombie & Fitch Co.

$4B

—

364

NVT Industrials

nVent Electric plc

$27B

—

365

RTX Industrials

RTX CORPORATION

$247B

—

366

MPWR Technology

MONOLITHIC POWER SYSTEMS INC

$77B

—

367

ITRI Technology

Itron, Inc.

$4B

—

368

DSGX Technology

DESCARTES SYSTEMS GROUP INC

$6B

—

369

GAP Consumer Cyclical

GAP, INC

$8B

—

370

PAGP Energy

PLAINS GP HOLDINGS LP

$6B

—

371

PAA Energy

PLAINS ALL AMERICAN PIPELINE LP

$16B

—

372

WTW Financial Services

WILLIS TOWERS WATSON PLC

$25B

—

373

T Communication Services

AT&T INC.

$164B

—

374

HRMY Healthcare

HARMONY BIOSCIENCES HOLDINGS, INC.

$2B

—

375

OLN Basic Materials

Olin Corporation

$3B

—

376

LRN Consumer Defensive

Stride, Inc.

$4B

—

377

VRT Industrials

Vertiv Holdings Co

$116B

—

378

WMS Industrials

ADVANCED DRAINAGE SYSTEMS, INC.

$10B

—

379

APPF Technology

AppFolio, Inc.

$6B

—

380

SOGP Communication Services

Sound Group Inc.

$47M

—

381

EXTR Technology

EXTREME NETWORKS, INC.

$4B

—

382

IDXX Healthcare

IDEXX LABORATORIES INC /DE

$44B

—

383

CALY Consumer Cyclical

Callaway Golf Company

$3B

—

384

TDG Industrials

TransDigm Group Incorporated

$70B

—

385

DK Energy

Delek US Holdings, Inc.

$3B

—

386

BLKB Technology

Blackbaud, Inc.

$1B

—

387

MTSI Technology

MACOM Technology Solutions Holdings, Inc.

$29B

—

388

CHEF Consumer Defensive

CHEFS’ WAREHOUSE, INC.

$4B

—

389

SHAK Consumer Cyclical

SHAKE SHACK INC.

$2B

—

390

LEVI Consumer Cyclical

LEVI STRAUSS & CO

$9B

—

391

BRC Industrials

BRADY CORP

$4B

—

392

AHRT Real Estate

AH REALTY TRUST, INC.

$669M

—

393

WSC Industrials

WILLSCOT HOLDINGS CORPORATION

$5B

—

394

UTI Consumer Defensive

UNIVERSAL TECHNICAL INSTITUTE, INC

$2B

—

395

APPN Technology

APPIAN CORPORATION

$2B

—

396

MELI Consumer Cyclical

MercadoLibre, Inc.

$81B

—

397

FRT Real Estate

FEDERAL REALTY INVESTMENT TRUST

$11B

—

398

BELFA Technology

BEL FUSE INC /NJ

$3B

—

399

ASPS Real Estate

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

$72M

—

400

TRUP Financial Services

TRUPANION, INC.

$1B

—

401

MMSI Healthcare

MERIT MEDICAL SYSTEMS INC

$4B

—

402

CHH Consumer Cyclical

CHOICE HOTELS INTERNATIONAL INC /DE

$5B

—

403

CECO Industrials

CECO ENVIRONMENTAL CORP

$3B

—

404

PAYC Technology

Paycom Software, Inc.

$6B

—

405

MU Technology

MICRON TECHNOLOGY INC

$1.11T

—

406

NTES Communication Services

NETEASE, INC.

$81B

—

407

CEG Utilities

CONSTELLATION ENERGY CORPORATION

$91B

—

408

ZBH Healthcare

ZIMMER BIOMET HOLDINGS, INC.

$17B

—

409

RNGR Energy

RANGER ENERGY SERVICES, INC.

$377M

—

410

ZBRA Technology

ZEBRA TECHNOLOGIES CORP

$11B

—

411

FIS Technology

Fidelity National Information Services, Inc.

$20B

—

412

CBOE Financial Services

Cboe Global Markets, Inc.

$31B

—

413

EVER Communication Services

EverQuote, Inc.

$707M

—

414

PRGS Technology

PROGRESS SOFTWARE CORP /MA

$1B

—

415

HNRG Utilities

HALLADOR ENERGY CO

$775M

—

416

AMAT Technology

APPLIED MATERIALS INC /DE

$450B

—

417

APG Industrials

APi Group Corporation

$18B

—

418

PPIH Industrials

PERMA-PIPE INTERNATIONAL HOLDINGS, INC.

$206M

—

419

DXPE Industrials

DXP Enterprises, Inc.

$3B

—

420

BWEN Industrials

BROADWIND, INC.

$98M

—

421

CDNS Technology

CADENCE DESIGN SYSTEMS, INC.

$106B

—

422

CMG Consumer Cyclical

CHIPOTLE MEXICAN GRILL, INC.

$41B

—

423

CAMT Technology

Camtek Ltd.

$9B

—

424

SPSC Technology

SPS COMMERCE, INC.

$2B

—

425

CXM Technology

Sprinklr, Inc.

$1B

—

426

AEO Consumer Cyclical

American Eagle Outfitters, Inc.

$3B

—

427

CENX Basic Materials

Century Aluminum Company

$6B

—

428

MCFT Consumer Cyclical

MASTERCRAFT BOAT HOLDINGS, INC.

$562M

—

429

LII Industrials

LENNOX INTERNATIONAL INC

$18B

—

430

RMR Real Estate

RMR GROUP INC.

$365M

—

431

TW Financial Services

Tradeweb Markets Inc.

$22B

—

432

GTIM Consumer Cyclical

Good Times Restaurants Inc.

$14M

—

433

ARCO Consumer Cyclical

Arcos Dorados Holdings Inc.

$2B

—

434

GME Consumer Cyclical

GameStop Corp.

$10B

—

435

LPX Industrials

LOUISIANA-PACIFIC CORPORATION

$5B

—

436

CVI Energy

CVR ENERGY, INC

$3B

—

437

NPO Industrials

ENPRO INC

$7B

—

438

TMUS Communication Services

T-Mobile US, Inc.

$205B

—

439

FWONA Communication Services

LIBERTY MEDIA CORPORATION

$21B

—

440

LAZ Financial Services

LAZARD, INC.

$4B

—

441

GHC Consumer Defensive

GRAHAM HOLDINGS CO

$5B

—

442

CME Financial Services

CME GROUP INC.

$97B

—

443

GVA Industrials

GRANITE CONSTRUCTION INC

$6B

—

444

TCMD Healthcare

TACTILE SYSTEMS TECHNOLOGY INC

$593M

—

445

AVAH Healthcare

Aveanna Healthcare Holdings Inc.

$2B

—

446

DOUG Real Estate

Douglas Elliman Inc.

$155M

—

447

KOP Basic Materials

KOPPERS HOLDINGS INC.

$835M

—

448

GPN Industrials

GLOBAL PAYMENTS INC.

$19B

—

449

QRVO Technology

Qorvo, Inc.

$9B

—

450

FSTR Industrials

L.B. Foster Company

$443M

—

451

DRI Consumer Cyclical

DARDEN RESTAURANTS, INC.

$24B

—

452

STKS Consumer Cyclical

ONE Group Hospitality, Inc.

$58M

—

453

WLDN Industrials

WILLDAN GROUP, INC.

$1B

—

454

EEFT Technology

EURONET WORLDWIDE, INC.

$3B

—

455

ESI Basic Materials

Element Solutions Inc

$11B

—

456

CPK Utilities

CHESAPEAKE UTILITIES CORP

$3B

—

457

CTS Technology

CTS CORPORATION

$2B

—

458

THR Industrials

THERMON GROUP HOLDINGS, INC.

$2B

—

459

NGL Energy

NGL Energy Partners LP

$2B

—

460

VRSN Technology

VERISIGN INC/CA

$25B

—

461

NC Energy

NACCO INDUSTRIES, INC.

$402M

—

462

HOG Consumer Cyclical

Harley-Davidson, Inc.

$3B

—

463

CROX Consumer Cyclical

Crocs, Inc.

$6B

—

464

DCH Consumer Cyclical

DAUCH CORPORATION

$2B

—

465

OUT Real Estate

OUTFRONT Media Inc.

$6B

—

466

ITGR Healthcare

Integer Holdings Corp

$3B

—

467

GTM Technology

ZoomInfo Technologies Inc.

$828M

—

468

VECO Technology

VEECO INSTRUMENTS INC.

$5B

—

469

UPLD Technology

Upland Software, Inc.

$20M

—

470

NJR Utilities

NEW JERSEY RESOURCES CORPORATION

$6B

—

471

ALLT Technology

ALLOT LTD.

$361M

—

472

ITRN Technology

Ituran Location & Control Ltd.

$1B

—

473

CRK Energy

COMSTOCK RESOURCES, INC.

$4B

—

474

PCG Utilities

PG&E CORP

$37B

—

475

GLW Technology

CORNING INC /NY

$154B

—

476

JAKK Consumer Cyclical

JAKKS Pacific, Inc.

$257M

—

477

SR Utilities

Spire Inc.

$5B

—

478

DINO Energy

HF SINCLAIR CORPORATION

$13B

—

479

FRPT Consumer Defensive

FRESHPET, INC.

$3B

—

480

CNP Utilities

CENTERPOINT ENERGY INC

$28B

—

481

ETSY Consumer Cyclical

ETSY, INC

$7B

—

482

OTTR Industrials

OTTER TAIL CORPORATION

$4B

—

483

WST Healthcare

WEST PHARMACEUTICAL SERVICES, INC.

$23B

—

484

LECO Industrials

LINCOLN ELECTRIC HOLDINGS INC

$14B

—

485

CNS Financial Services

COHEN & STEERS, INC.

$4B

—

486

URBN Consumer Cyclical

Urban Outfitters, Inc.

$7B

—

487

PRTH Technology

Priority Technology Holdings, Inc.

$506M

—

488

OLED Technology

UNIVERSAL DISPLAY CORPORATION

$4B

—

489

MO Consumer Defensive

ALTRIA GROUP, INC.

$120B

—

490

SHOP Technology

Shopify Inc.

$140B

—

491

LOGI Technology

LOGITECH INTERNATIONAL S.A.

$16B

—

492

HESM Energy

Hess Midstream LP

$8B

—

493

VEEV Healthcare

Veeva Systems Inc.

$26B

—

494

BLD Industrials

TopBuild Corp

$12B

—

495

GOOG Communication Services

Alphabet Inc.

$4.37T

—

496

MLM Basic Materials

MARTIN MARIETTA MATERIALS INC

$35B

—

497

CVLT Technology

Commvault Systems, Inc

$5B

—

498

BL Technology

BlackLine, Inc.

$2B

—

499

CLBT Technology

Cellebrite DI Ltd.

$3B

—

500

BHC Healthcare

Bausch Health Companies Inc.

$2B

—

501

CARG Consumer Cyclical

CarGurus, Inc.

$2B

—

502

WELPM Utilities

WISCONSIN ELECTRIC POWER COMPANY

—

503

PWP Financial Services

PERELLA WEINBERG PARTNERS

$1B

—

504

WLFC Industrials

WILLIS LEASE FINANCE CORP

$2B

—

505

LEGH Consumer Cyclical

Legacy Housing Corporation

$595M

—

506

CPRX Healthcare

CATALYST PHARMACEUTICALS, INC.

$4B

—

507

STLD Basic Materials

Steel Dynamics, Inc.

$41B

—

508

AMZN Consumer Cyclical

AMAZON COM INC

$2.57T

—

509

DGII Technology

DIGI INTERNATIONAL INC.

$3B

—

510

NDSN Industrials

NORDSON CORPORATION

$16B

—

511

KBR Industrials

KBR, Inc.

$5B

—

512

KO Consumer Defensive

COCA COLA CO

$355B

—

513

YUM Consumer Cyclical

YUM! BRANDS, INC.

$43B

—

514

CNTY Consumer Cyclical

CENTURY CASINOS INC /CO/

$41M

—

515

MSA Industrials

MSA Safety Inc

$6B

—

516

KEQU Consumer Cyclical

KEWAUNEE SCIENTIFIC CORPORATION

$105M

—

517

CALX Technology

Calix, Inc

$2B

—

518

COKE Consumer Defensive

COCA-COLA CONSOLIDATED, INC.

$13B

—

519

MOMO Communication Services

Hello Group Inc.

$839M

—

520

FA Industrials

First Advantage Corporation

$3B

—

521

BLBD Industrials

BLUE BIRD CORPORATION

$2B

—

522

BMI Technology

BADGER METER, INC.

$4B

—

523

RICK Consumer Cyclical

RCI HOSPITALITY HOLDINGS, INC.

$209M

—

524

FORM Technology

FormFactor, Inc.

$11B

—

525

PG Consumer Defensive

PROCTER & GAMBLE CO

$348B

—

526

DLX Industrials

DELUXE CORP

$1B

—

527

RYN Real Estate

RAYONIER INC.

$7B

—

528

AON Financial Services

Aon plc

$72B

—

529

INTU Technology

INTUIT INC.

$76B

—

530

ULTA Consumer Cyclical

Ulta Beauty, Inc.

$20B

—

531

AMRX Healthcare

Amneal Pharmaceuticals, Inc.

$5B

—

532

ONT Industrials

Onterris, Inc.

$618M

—

533

XPO Industrials

XPO, Inc.

$27B

—

534

SKY Consumer Cyclical

CHAMPION HOMES, INC.

$4B

—

535

AGX Industrials

ARGAN INC

$9B

—

536

RMD Healthcare

ResMed Inc.

$28B

—

537

A Healthcare

AGILENT TECHNOLOGIES, INC.

$37B

—

538

NSC Industrials

NORFOLK SOUTHERN CORP

$71B

—

539

WSM Consumer Cyclical

WILLIAMS-SONOMA, INC.

$26B

—

540

QGEN Healthcare

QIAGEN N.V.

$8B

—

541

ODC Basic Materials

OIL-DRI CORPORATION OF AMERICA

$1B

—

542

ITT Industrials

ITT INC.

$17B

—

543

MWA Industrials

MUELLER WATER PRODUCTS, INC.

$4B

—

544

DELL Technology

Dell Technologies Inc.

$256B

—

545

AIT Industrials

APPLIED INDUSTRIAL TECHNOLOGIES, INC.

$12B

—

546

IESC Industrials

IES Holdings, Inc.

$15B

—

547

HXL Industrials

HEXCEL CORP /DE/

$7B

—

548

FFIV Technology

F5, INC.

$22B

—

549

EXC Utilities

EXELON CORPORATION

$47B

—

550

ESBA Real Estate

EMPIRE STATE REALTY OP, L.P.

$1B

—

551

ESRT Real Estate

Empire State Realty Trust, Inc.

$2B

—

552

KN Technology

Knowles Corporation

$3B

—

553

LAMR Real Estate

LAMAR ADVERTISING CO/NEW

$16B

—

554

BCO Industrials

BRINK’S CO

$4B

—

555

MCD Consumer Cyclical

McDONALD’S CORPORATION

$202B

—

556

BOOT Consumer Cyclical

BOOT BARN HOLDINGS, INC.

$5B

—

557

RLX Consumer Defensive

RLX Technology Inc.

$3B

—

558

CAT Industrials

CATERPILLAR INC

$419B

—

559

TOL Consumer Cyclical

Toll Brothers, Inc.

$14B

—

560

UI Technology

UBIQUITI INC.

$36B

—

561

AAPL Technology

Apple Inc.

$4.28T

—

562

TTMI Technology

TTM TECHNOLOGIES, INC.

$20B

—

563

CSL Industrials

CARLISLE COMPANIES INCORPORATED

$14B

—

564

CRUS Technology

Cirrus Logic, Inc.

$8B

—

565

ALSN Consumer Cyclical

ALLISON TRANSMISSION HOLDINGS, INC.

$10B

—

566

MDU Utilities

MDU RESOURCES GROUP, INC.

$4B

—

567

ETD Consumer Cyclical

Ethan Allen Interiors Inc.

$549M

—

568

DOCS Healthcare

Doximity, Inc.

$4B

—

569

PH Industrials

PARKER-HANNIFIN CORPORATION

$114B

—

570

DUK Utilities

DUKE ENERGY CORPORATION

$97B

—

571

BSET Consumer Cyclical

BASSETT FURNITURE INDUSTRIES, INCORPORATED

$136M

—

572

MTN Consumer Cyclical

Vail Resorts, Inc.

$5B

—

573

EAT Consumer Cyclical

BRINKER INTERNATIONAL, INC.

$7B

—

574

HLMN Industrials

Hillman Solutions Corp.

$2B

—

575

TT Industrials

TRANE TECHNOLOGIES PLC

$101B

—

576

ZWS Industrials

ZURN ELKAY WATER SOLUTIONS CORPORATION

$8B

—

577

GIC Industrials

Global Industrial Company

$1B

—

578

HLIT Technology

HARMONIC INC.

$2B

—

579

HUBB Industrials

HUBBELL INC

$25B

—

580

AFG Financial Services

AMERICAN FINANCIAL GROUP, INC.

$11B

—

581

NWL Consumer Defensive

NEWELL BRANDS INC.

$2B

—

582

ETR Utilities

ENTERGY CORP /DE/

$51B

—

583

NICE Technology

NICE LTD.

$5B

—

584

BFAM Consumer Cyclical

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

$3B

—

585

PNR Industrials

Pentair plc

$12B

—

586

CTAS Industrials

Cintas Corporation

$71B

—

587

EME Industrials

EMCOR Group, Inc.

$37B

—

588

SPG Real Estate

SIMON PROPERTY GROUP, INC.

$83B

—

589

AWI Industrials

ARMSTRONG WORLD INDUSTRIES, INC.

$7B

—

590

TXRH Consumer Cyclical

Texas Roadhouse, Inc.

$11B

—

591

NDAQ Financial Services

Nasdaq, Inc.

$50B

—

592

NRDS Communication Services

NerdWallet, Inc.

$559M

—

593

WTRG Utilities

Essential Utilities, Inc.

$11B

—

594

NNN Real Estate

NNN REIT, INC.

$9B

—

595

HCC Basic Materials

Warrior Met Coal, Inc.

$5B

—

596

IQV Healthcare

IQVIA HOLDINGS INC.

$30B

—

597

MSI Technology

MOTOROLA SOLUTIONS, INC.

$68B

—

598

SCHL Communication Services

SCHOLASTIC CORPORATION

$810M

—

599

CSR Real Estate

CENTERSPACE

$1B

—

600

LPG Energy

DORIAN LPG LTD.

$2B

—

601

EHTH Financial Services

EHEALTH, INC.

$57M

—

602

UFPT Healthcare

UFP Technologies, Inc.

$2B

—

603

UTHR Healthcare

United Therapeutics Corporation

$23B

—

604

SIG Consumer Cyclical

SIGNET JEWELERS LIMITED

$4B

—

605

QFIN Financial Services

Qfin Holdings, Inc.

$2B

—

606

IDT Communication Services

IDT CORP

$1B

—

607

ANGI Communication Services

Angi Inc.

$226M

—

608

ARAY Healthcare

ACCURAY INC

$41M

—

609

META Communication Services

Meta Platforms, Inc.

$1.44T

—

610

GCO Consumer Cyclical

Genesco Inc.

$472M

—

611

SSRM Basic Materials

SSR MINING INC.

$6B

—

612

SON Consumer Cyclical

SONOCO PRODUCTS CO

$5B

—

613

PPC Consumer Defensive

PILGRIM’S PRIDE CORPORATION

$7B

—

614

AORT Healthcare

ARTIVION, INC.

$976M

—

615

GWRE Technology

Guidewire Software, Inc.

$10B

—

616

NYT Communication Services

THE NEW YORK TIMES COMPANY

$12B

—

617

HAYW Industrials

Hayward Holdings, Inc.

$3B

—

618

TDY Technology

TELEDYNE TECHNOLOGIES INC

$29B

—

619

TEX Industrials

Terex Corporation

$7B

—

620

TREE Financial Services

LendingTree, Inc.

$510M

—

621

SIRI Communication Services

SIRIUS XM HOLDINGS INC.

$9B

—

622

NL Industrials

NL INDUSTRIES, INC.

$296M

—

623

BROS Consumer Cyclical

DUTCH BROS INC.

$12B

—

624

CPRT Industrials

COPART, INC.

$30B

—

625

ACLS Technology

AXCELIS TECHNOLOGIES INC

$6B

—

626

BLMN Consumer Cyclical

BLOOMIN’ BRANDS, INC.

$710M

—

627

SSNC Technology

SS&C TECHNOLOGIES HOLDINGS, INC.

$16B

—

628

TRMB Technology

TRIMBLE INC.

$12B

—

629

MANH Technology

MANHATTAN ASSOCIATES, INC.

$8B

—

630

TGLS Basic Materials

TECNOGLASS INC.

$2B

—

631

GRMN Technology

GARMIN LTD

$46B

—

632

CVSA Consumer Defensive

Covista Inc.

$4B

—

633

VVV Consumer Cyclical

VALVOLINE INC.

$5B

—

634

APH Technology

AMPHENOL CORP /DE/

$189B

—

635

ARMK Industrials

Aramark

$14B

—

636

NXT Technology

Nextpower Inc.

$19B

—

637

ALLE Industrials

Allegion plc

$12B

—

638

SPB Consumer Defensive

Spectrum Brands Holdings, Inc.

$2B

—

639

STRT Consumer Cyclical

STRATTEC SECURITY CORP

$332M

—

640

VATE Industrials

INNOVATE CORP.

$228M

—

641

GNL Real Estate

Global Net Lease, Inc.

$2B

—

642

IBP Consumer Cyclical

Installed Building Products, Inc.

$6B

—

643

WAB Industrials

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION

$45B

—

644

AXTA Basic Materials

AXALTA COATING SYSTEMS LTD.

$7B

—

645

DIS Communication Services

WALT DISNEY CO/

$174B

—

646

SPGI Financial Services

S&P Global Inc.

$124B

—

647

AZZ Industrials

AZZ INC.

$5B

—

648

BDX Healthcare

BECTON DICKINSON & CO

$40B

—

649

ROCK Industrials

GIBRALTAR INDUSTRIES, INC.

$1B

—

650

NBIX Healthcare

NEUROCRINE BIOSCIENCES, INC.

$16B

—

651

MORN Financial Services

MORNINGSTAR, INC.

$7B

—

652

CW Industrials

CURTISS-WRIGHT CORPORATION

$28B

—

653

CSV Consumer Cyclical

CARRIAGE SERVICES, INC.

$640M

—

654

VSCO Consumer Cyclical

VICTORIA'S SECRET & CO.

$4B

—

655

GTES Industrials

Gates Industrial Corporation plc

$7B

—

656

VSEC Industrials

VSE CORPORATION

$6B

—

657

CXT Industrials

CRANE NXT, CO.

$2B

—

658

VITL Consumer Defensive

Vital Farms, Inc.

$454M

—

659

SSD Basic Materials

Simpson Manufacturing Co., Inc.

$8B

—

660

SHOO Consumer Cyclical

STEVEN MADDEN, LTD.

$3B

—

661

SNA Industrials

Snap-on Inc

$20B

—

662

UIS Technology

UNISYS CORP

$281M

—

663

CLVT Technology

CLARIVATE PLC

$1B

—

664

LNT Utilities

ALLIANT ENERGY CORP

$19B

—

665

DBD Technology

Diebold Nixdorf, Incorporated

$3B

—

666

FIX Industrials

COMFORT SYSTEMS USA, INC.

$66B

—

667

EACO Technology

EACO CORPORATION

$510M

—

668

XYL Industrials

Xylem Inc.

$26B

—

669

NVST Healthcare

ENVISTA HOLDINGS CORPORATION

$4B

—

670

CPNG Consumer Cyclical

COUPANG, INC.

$30B

—

671

FTV Technology

Fortive Corp

$18B

—

672

KSS Consumer Cyclical

KOHL’S CORP

$2B

—

673

JFIN Financial Services

Jiayin Group Inc.

$212M

—

674

LINC Consumer Defensive

LINCOLN EDUCATIONAL SERVICES CORPORATION

$1B

—

675

KMB Consumer Defensive

KIMBERLY-CLARK CORPORATION

$34B

—

676

BDC Technology

BELDEN INC.

$4B

—

677

LDOS Technology

Leidos Holdings, Inc.

$15B

—

678

OC Industrials

Owens Corning

$10B

—

679

FRD Basic Materials

FRIEDMAN INDUSTRIES, INCORPORATED

$247M

—

680

ECL Basic Materials

ECOLAB INC.

$75B

—

681

MTRN Basic Materials

MATERION CORPORATION

$5B

—

682

BSY Technology

BENTLEY SYSTEMS, INCORPORATED

$9B

—

683

STZ Consumer Defensive

CONSTELLATION BRANDS, INC.

$26B

—

684

PENG Technology

PENGUIN SOLUTIONS, INC.

$3B

—

685

GWW Industrials

W.W. GRAINGER, INC.

$62B

—

686

MRSH Financial Services

Marsh & McLennan Companies, Inc.

$81B

—

687

MD Healthcare

Pediatrix Medical Group, Inc.

$2B

—

688

FTK Energy

FLOTEK INDUSTRIES INC/CN

$891M

—

689

POST Consumer Defensive

Post Holdings, Inc.

$4B

—

690

TSEM Technology

TOWER SEMICONDUCTOR LTD.

$31B

—

691

THC Healthcare

TENET HEALTHCARE CORP

$15B

—

692

ISRG Healthcare

Intuitive Surgical, Inc.

$146B

—

693

GIS Consumer Defensive

GENERAL MILLS INC

$18B

—

694

CRTO Communication Services

Criteo S.A.

$897M

—

695

IPAR Consumer Defensive

INTERPARFUMS, INC.

$3B

—

696

RBC Industrials

RBC BEARINGS INCORPORATED

$19B

—

697

MA Financial Services

Mastercard Inc

$433B

—

698

VMI Industrials

VALMONT INDUSTRIES INC

$11B

—

699

GBX Industrials

THE GREENBRIER COMPANIES, INC.

$1B

—

700

CWK Real Estate

CUSHMAN & WAKEFIELD LTD.

$3B

—

701

QCOM Technology

QUALCOMM INC/DE

$223B

—

702

MIDD Industrials

THE MIDDLEBY CORPORATION

$7B

—

703

VLO Energy

VALERO ENERGY CORP/TX

$77B

—

704

CRNT Technology

CERAGON NETWORKS LTD

$272M

—

705

GRC Industrials

The Gorman-Rupp Company

$2B

—

Operating income and revenue from SEC EDGAR filings. We use operating margin (not net margin) because net margin gets distorted by tax-law changes and one-time items. Quality gates: revenue ≥ $100M at both endpoints, latest margin must be positive (this is an excellence page, not a turnaround page), smooth year-over-year revenue (no >10x jumps from acquisitions — those distort margin comparisons).