Highest Return on Invested Capital (ROIC)
US stocks earning the most on all the capital they employ — debt and equity. ROIC is the cleaner quality signal than ROE because it isn't flattered by leverage. Ranked by ROIC, with ROE and net margin for context.
As of Jul 3, 2026Ranked among US stocks with available data.
| # | Company | ROIC | ROE | Net margin | Market cap |
|---|---|---|---|---|---|
| 1 | Smart Logistics Global Limited Ordinary SharesSLGB | 30306.25% | 100780.54% | -172.11% | $28.36M |
| 2 | CEA Industries Inc. Common StockBNC | 19592.63% | 46.64% | 128.84% | $2.23M |
| 3 | Annaly Capital Management, Inc.NLY | 18937.73% | 12.60% | 30.28% | $16.27B |
| 4 | Annaly Capital Management, Inc.NLY-PF | 18937.73% | 12.60% | 30.28% | $13.28B |
| 5 | Annaly Capital Management, Inc.NLY-PG | 18937.73% | 12.60% | 30.28% | $13.44B |
| 6 | Annaly Capital Management, Inc.NLY-PI | 18937.73% | 12.60% | 30.28% | $17.09B |
| 7 | GIBO Holdings LimitedGIBO | 14397.41% | 160.64% | 0.00% | $72.93M |
| 8 | PicS N.V.PICS | 3936.64% | 28.18% | 17.37% | $1.46B |
| 9 | VenHub Global, Inc. Common StockVHUB | 3917.69% | 604.68% | -7218.37% | $48.03M |
| 10 | American Century One Choice In Retirement Portfolio;InvestorARTOX | 3761.19% | 3509.51% | 0.00% | $2.36B |
| 11 | Tevogen Bio Holdings Inc.TVGN | 3698.66% | 319.08% | 0.00% | $24.22M |
| 12 | Tevogen Bio Holdings Inc.TVGNW | 3698.66% | 319.08% | 0.00% | $9.33M |
| 13 | Onconova Therapeutics, Inc.ONTX | 3379.02% | -1.46% | 0.33% | $624.8M |
| 14 | Traws Pharma, Inc.TRAW | 3379.02% | -1457.87% | 328.67% | $7.41M |
| 15 | ProMIS Neurosciences, Inc.PMN | 3267.20% | 3155.84% | 0.00% | $17.59M |
| 16 | GDEV Inc.GDEV | 3204.78% | -76.19% | 17.08% | $220.35M |
| 17 | GDEV Inc.GDEVW | 3204.78% | -76.19% | 17.08% | $164.31M |
| 18 | Consumer Portfolio Services, Inc.CPSS | 2831.27% | 6.24% | 4.52% | $208.74M |
| 19 | BitVentures LimitedBVC | 2337.63% | -55.30% | 0.00% | $1.71B |
| 20 | Fortress Value Acquisition Corp. VFVAV | 2052.35% | 153.03% | 0.00% | $295.29M |
| 21 | Artelo Biosciences, Inc.ARTL | 1969.60% | 1012.50% | 0.00% | $2.57M |
| 22 | SurgePays, Inc.SURG | 1874.92% | 234.18% | -63.32% | $8.71M |
| 23 | Immunic, Inc.IMUX | 1693.37% | 1456.20% | 0.00% | $146.15M |
| 24 | VolitionRX LtdVNRX | 1236.74% | 68.20% | -1352.16% | $11.34M |
| 25 | AEON Biopharma, Inc.AEON | 1180.00% | 71.28% | 0.00% | $8.41M |
| 26 | Stardust Power Inc.SDST | 1175.74% | 270.46% | 0.00% | $14.48M |
| 27 | Stardust Power Inc.SDSTW | 1175.74% | 270.46% | 0.00% | $11.74M |
| 28 | zSpace, Inc.ZSPC | 1043.89% | 112.80% | -91.13% | $231.06K |
| 29 | Scilex Holding CompanySCLX | 1031.65% | 172.65% | -1185.78% | $66.91M |
| 30 | Scilex Holding CompanySCLXW | 1031.65% | 172.65% | -1185.78% | $81.70M |
| 31 | UTime LimitedWTO | 1006.61% | 505.10% | -266.97% | $1.89M |
| 32 | COMPASS Pathways plcCMPS | 996.53% | 544.70% | 0.00% | $1.28B |
| 33 | BioAtla, Inc.BCAB | 889.53% | 164.71% | -2980.35% | $5.15M |
| 34 | Blue Owl Technology Finance Corp.OTF | 860.86% | 8.96% | 67.14% | $4.93B |
| 35 | Hercules Capital, Inc.HTGC | 835.32% | 15.33% | 62.10% | $2.98B |
| 36 | NeuroSense Therapeutics Ltd.NRSN | 797.48% | 713.14% | 0.00% | $17.83M |
| 37 | NeuroSense Therapeutics Ltd.NRSNW | 797.48% | 713.14% | 0.00% | $1.81M |
| 38 | Envoy Medical, Inc.COCH | 786.93% | 201.89% | -9857.26% | $16.43M |
| 39 | Envoy Medical, Inc.COCHW | 786.93% | 201.89% | -9857.26% | $1.04M |
| 40 | Sow Good Inc.SOWG | 665.59% | 1586.29% | 0.00% | $3.67M |
| 41 | ARMOUR Residential REIT, Inc.ARR | 645.66% | 14.27% | 24.72% | $2.14B |
| 42 | ARMOUR Residential REIT, Inc.ARR-PC | 645.66% | 14.27% | 24.72% | $1.41B |
| 43 | Nuveen Churchill Direct Lending Corp.NCDL | 643.26% | 7.50% | 32.51% | $626.23M |
| 44 | OS Therapies IncorporatedOSTX | 582.87% | 471.71% | 0.00% | $80.61M |
| 45 | Fusemachines Inc.FUSE | 550.79% | 25.99% | -12.03% | $30.68M |
| 46 | Fusemachines Inc. WarrantsFUSEW | 550.79% | 25.99% | -12.03% | $807.15K |
| 47 | Trinity Capital Inc. 7.875% Notes Due 2029TRINI | 542.28% | 12.40% | 58.39% | $1.12B |
| 48 | Trinity Capital Inc. 7.875% Notes due 2029TRINZ | 542.28% | 12.40% | 58.39% | $1.13B |
| 49 | Neonc Technologies Holdings, Inc.NTHI | 519.65% | 354.96% | -155404.38% | $89.18M |
| 50 | Federal Realty Investment TrustFRT | 480.25% | 12.65% | 32.15% | $10.40B |
| 51 | Federal Realty Investment TrustFRT-PC | 480.25% | 12.65% | 32.15% | $7.91B |
| 52 | LightInTheBox Holding Co., Ltd.LITB | 469.35% | -208.41% | 3.69% | $26.69M |
| 53 | Neptune Insurance Holdings Inc.NP | 445.48% | -16.45% | 23.45% | $3.23B |
| 54 | OneMedNet CorporationONMD | 415.96% | 94.47% | -206.11% | $39.68M |
| 55 | OneMedNet CorporationONMDW | 415.96% | 94.47% | -206.11% | $31.41M |
| 56 | BIP Bermuda Holdings I LimitedBIPI | 410.86% | 0.00% | 9.53% | $12.77B |
| 57 | Spring Valley Acquisition Corp. IV Class A Ordinary SharesSVIV | 406.34% | 213.73% | 0.00% | $236.9M |
| 58 | Aspire Biopharma Holdings, Inc.ASBP | 395.26% | 383.93% | -394725.06% | $676.08K |
| 59 | Aspire Biopharma Holdings, Inc.ASBPW | 395.26% | 383.93% | -394725.06% | $230.04K |
| 60 | Rain Enhancement Technologies Holdco IncRAIN | 387.76% | 71.33% | 0.00% | $16.10M |
| 61 | Rain Enhancement Technologies Holdco, Inc.RAINW | 387.76% | 71.33% | 0.00% | $15.68M |
| 62 | Protagenic Therapeutics, Inc.PTIX | 379.69% | 215.50% | 0.00% | $651.49K |
| 63 | Palatin Technologies, Inc.PTN | 378.47% | 362.30% | 0.00% | $268.64M |
| 64 | Alpha Modus Holdings, Inc.AMOD | 344.04% | 16.39% | -112373.70% | $4.26M |
| 65 | Alpha Modus Holdings, Inc.AMODW | 344.04% | 16.39% | -112373.70% | $3.39M |
| 66 | Envirotech Vehicles, Inc.EVTV | 320.55% | 438.25% | -658.81% | $6.04M |
| 67 | Phaos Technology Holdings (CaymPOAS | 311.13% | 261.72% | -3063.12% | $4.30M |
| 68 | Vantage CorpVNTG | 282.28% | -1066.87% | 20.60% | $19.97M |
| 69 | Our Bond, Inc.OBAI | 280.62% | 93.57% | -105.79% | $9.66M |
| 70 | Autozi Internet Technology (Global) Ltd.AZI | 277.71% | 41.28% | -13.44% | $9.88M |
| 71 | Micropolis AI RoboticsMCRP | 256.77% | 72.54% | -17143.88% | $61.75M |
| 72 | Silexion Therapeutics Ltd.SLXN | 250.74% | -457.63% | 0.00% | $1.08M |
| 73 | Enova International, Inc.ENVA | 247.28% | 23.07% | 9.78% | $6.03B |
| 74 | Cyabra, Inc. Common StockCYAB | 239.35% | 51.75% | -224.62% | $7.64M |
| 75 | Innovative Industrial Properties, Inc.IIPR | 227.86% | 6.19% | 43.03% | $1.82B |
| 76 | Innovative Industrial Properties, Inc.IIPR-PA | 227.86% | 6.19% | 43.03% | $49.43M |
| 77 | Foxx Development Holdings Inc.FOXX | 225.64% | 168.14% | -13.68% | $23.73M |
| 78 | Winmark CorporationWINA | 222.69% | -77.59% | 48.40% | $1.50B |
| 79 | Atara Biotherapeutics, Inc.ATRA | 222.66% | -84.90% | 27.07% | $102.45M |
| 80 | Equity ResidentialEQR | 219.27% | 10.14% | 36.12% | $25.71B |
| 81 | Lyft, Inc.LYFT | 217.84% | 86.88% | 45.03% | $5.63B |
| 82 | Birchtech Corp.BCHT | 205.34% | 176.45% | -17.17% | $55.77M |
| 83 | DevvStream Corp. Common StockDEVS | 200.74% | 61.59% | -46783.09% | $749.49K |
| 84 | Ellington Financial Inc.EFC | 200.65% | 8.01% | 21.77% | $1.34B |
| 85 | Ellington Financial Inc.EFC-PB | 200.65% | 8.01% | 21.77% | $2.44B |
| 86 | Ellington Financial Inc.EFC-PC | 200.65% | 8.01% | 21.77% | $1.37B |
| 87 | Eagle Bancorp Montana, Inc.EBMT | 196.66% | 7.73% | 11.78% | $194.6M |
| 88 | Sunrise Realty Trust, Inc.SUNS | 194.55% | 6.67% | 46.04% | $112.2M |
| 89 | Lument Finance Trust, Inc.LFT | 182.80% | -1.25% | -3.47% | $49.24M |
| 90 | Lument Finance Trust, Inc.LFT-PA | 182.80% | -1.25% | -3.47% | $968.31M |
| 91 | PRA Group, Inc.PRAA | 180.98% | -31.14% | -24.60% | $729.64M |
| 92 | Robo.ai Inc.AIIO | 176.88% | 149.70% | -17614.95% | $87.11M |
| 93 | Robo.ai Inc. Warrant 2022-11.11.27 on Robo.aiAIIOW | 176.88% | 149.70% | -17614.95% | $12.69M |
| 94 | RLI Corp.RLI | 174.54% | 22.68% | 21.43% | $5.58B |
| 95 | Olenox Industries IncOLOX | 174.17% | 136.27% | -341.17% | $2.93M |
| 96 | Kazia Therapeutics Ltd ADRKZIA | 172.61% | 249.39% | -49290.48% | $21.69M |
| 97 | Lunai Bioworks Inc.LNAI | 165.94% | 833.76% | 0.00% | $14.01M |
| 98 | Splash Beverage Group, Inc.SBEV | 164.40% | -2630.55% | -34537.04% | $457.07K |
| 99 | Trustmark CorporationTRMK | 163.60% | 10.56% | 20.01% | $2.76B |
| 100 | Sachem Capital Corp.SACH | 144.70% | 3.61% | 13.40% | $46.01M |
Showing the top 100 stocks.