US Companies Ranked by Operating income
Revenue minus costs and operating expenses: the profit from the core business. Banks and insurers often don't report it, so many are left out of this ranking. Financial figures come from each company's latest annual report (10-K or 20-F), and fiscal years end in different months. TSMC reports in New Taiwan dollars, so it is left out of rankings by financial amounts. 69 companies without this figure aren't ranked.
Data updated: Nov 6, 2026
| Rank | Company | Operating income | YoY | Market cap |
|---|---|---|---|---|
| 1 | AppleAAPL · Technology | $158.063B | +18.8% | $5.002T |
| 2 | MicrosoftMSFT · Technology | $155.237B | +20.8% | $3.980T |
| 3 | NVIDIANVDA · Technology | $130.387B | +60.1% | $4.420T |
| 4 | Alphabet (Google)GOOGL · Communication | $129.039B | +14.8% | $3.474T |
| 5 | Micron TechnologyMU · Technology | $99.34B | +916.8% | $742.4B |
| 6 | Meta PlatformsMETA · Communication | $83.276B | +20.0% | $1.557T |
| 7 | AmazonAMZN · Consumer Discretionary | $79.975B | +16.6% | $2.813T |
| 8 | WalmartWMT · Consumer Staples | $29.825B | +1.6% | $1.020T |
| 9 | VerizonVZ · Communication | $29.259B | +2.0% | $191.1B |
| 10 | VisaV · Financials | $28.11B | +17.2% | — |
| 11 | BroadcomAVGO · Technology | $25.484B | +89.3% | $1.392T |
| 12 | AT&TT · Communication | $24.162B | +26.8% | $151.4B |
| 13 | Home DepotHD · Consumer Discretionary | $20.89B | −3.0% | $349.2B |
| 14 | ComcastCMCSA · Communication | $20.672B | −11.3% | $89.40B |
| 15 | OracleORCL · Technology | $20.606B | +16.6% | $348.2B |
| 16 | Procter & GamblePG · Consumer Staples | $19.748B | −3.4% | $387.3B |
| 17 | UnitedHealth GroupUNH · Health Care | $18.964B | −41.3% | $354.6B |
| 18 | MastercardMA · Financials | $18.897B | +21.3% | $579.8B |
| 19 | T-Mobile USTMUS · Communication | $18.279B | +1.5% | $170.7B |
| 20 | Walt DisneyDIS · Communication | $17.551B | +12.5% | $207.4B |
| 21 | CiscoCSCO · Technology | $15.368B | +30.7% | $377.7B |
| 22 | AbbVieABBV · Health Care | $15.075B | +65.0% | $510.8B |
| 23 | Philip Morris InternationalPM · Consumer Staples | $14.892B | +11.1% | $314.3B |
| 24 | Coca-ColaKO · Consumer Staples | $13.762B | +37.7% | $413.0B |
| 25 | NetflixNFLX · Communication | $13.326603B | +27.9% | $269.2B |
| 26 | McDonald'sMCD · Consumer Discretionary | $12.393B | +5.8% | $196.8B |
| 27 | SandiskSNDK · Technology | $12.389B | +999.7% | $116.1B |
| 28 | CostcoCOST · Consumer Staples | $11.685B | +12.5% | $472.3B |
| 29 | PepsiCoPEP · Consumer Staples | $11.498B | −10.8% | $195.4B |
| 30 | CaterpillarCAT · Industrials | $11.151B | −14.7% | $253.3B |
| 31 | Lowe'sLOW · Consumer Discretionary | $10.153B | −3.0% | $127.5B |
| 32 | Gilead SciencesGILD · Health Care | $10.022B | +503.0% | $208.0B |
| 33 | AltriaMO · Consumer Staples | $9.899B | −11.9% | $129.6B |
| 34 | Union PacificUNP · Industrials | $9.846B | +1.4% | $177.0B |
| 35 | RTXRTX · Industrials | $9.3B | +42.2% | $258.9B |
| 36 | Cigna GroupCI · Health Care | $9.2B | −2.3% | $79.57B |
| 37 | Cheniere EnergyLNG · Energy | $9.112B | +48.7% | $58.46B |
| 38 | AmgenAMGN · Health Care | $9.08B | +25.1% | $249.0B |
| 39 | Energy TransferET · Energy | $9.027B | −1.2% | — |
| 40 | Booking HoldingsBKNG · Consumer Discretionary | $8.825B | +16.8% | $130.3B |
| 41 | AdobeADBE · Technology | $8.706B | +29.1% | $96.36B |
| 42 | QualcommQCOM · Technology | $8.658B | −29.9% | $168.0B |
| 43 | Duke EnergyDUK · Utilities | $8.626B | +8.8% | $101.2B |
| 44 | SalesforceCRM · Technology | $8.331B | +15.6% | $187.9B |
| 45 | Marathon PetroleumMPC · Energy | $8.291B | +22.0% | $108.7B |
| 46 | Applied MaterialsAMAT · Technology | $8.289B | +5.4% | $253.4B |
| 47 | NextEra EnergyNEE · Utilities | $8.28B | +10.7% | $184.0B |
| 48 | Lam ResearchLRCX · Technology | $8.199795B | +39.0% | $231.3B |
| 49 | Dell TechnologiesDELL · Technology | $8.149B | +30.7% | $202.8B |
| 50 | HoneywellHON · Industrials | $8.127B | +6.0% | $68.48B |
| 51 | Abbott LaboratoriesABT · Health Care | $8.053B | +18.0% | $196.7B |
| 52 | UPSUPS · Industrials | $7.867B | −7.1% | $94.61B |
| 53 | Thermo Fisher ScientificTMO · Health Care | $7.746B | +5.6% | $250.8B |
| 54 | Lockheed MartinLMT · Industrials | $7.731B | +10.2% | $133.4B |
| 55 | Southern CompanySO · Utilities | $7.285B | +3.1% | $105.2B |
| 56 | Enterprise Products PartnersEPD · Energy | $7.266B | −1.0% | $79.98B |
| 57 | Elevance HealthELV · Health Care | $7.199B | −8.4% | $93.36B |
| 58 | BlackRockBLK · Financials | $7.045B | −7.0% | $181.0B |
| 59 | Southern CopperSCCO · Materials | $7.0017B | +26.1% | $138.6B |
| 60 | Freeport-McMoRanFCX · Materials | $6.518B | −5.0% | $83.61B |
| 61 | S&P GlobalSPGI · Financials | $6.478B | +16.1% | $137.0B |
| 62 | EOG ResourcesEOG · Energy | $6.385B | −21.0% | $76.50B |
| 63 | Marsh McLennanMRSH · Financials | $6.223B | +7.0% | $99.48B |
| 64 | McKessonMCK · Health Care | $6.212B | +40.5% | $126.4B |
| 65 | MetLifeMET · Financials | $6.137B | +2.4% | $63.62B |
| 66 | PayPalPYPL · Financials | $6.065B | +13.9% | $49.35B |
| 67 | Texas InstrumentsTXN · Technology | $6.023B | +10.2% | $256.2B |
| 68 | MPLXMPLX · Energy | $5.943B | +12.4% | — |
| 69 | IntuitINTU · Technology | $5.884B | +19.5% | $95.23B |
| 70 | AmphenolAPH · Technology | $5.8686B | +85.9% | $185.0B |
| 71 | Delta Air LinesDAL · Industrials | $5.822B | −2.9% | $56.16B |
| 72 | FiservFISV · Financials | $5.818B | −1.0% | $33.43B |
| 73 | ONEOKOKE · Energy | $5.741B | +15.1% | $54.38B |
| 74 | UberUBER · Industrials | $5.565B | +98.8% | $140.3B |
| 75 | FedExFDX · Industrials | $5.463B | +4.7% | $76.03B |
| 76 | General DynamicsGD · Industrials | $5.356B | +11.7% | $96.29B |
| 77 | American Electric PowerAEP · Utilities | $5.319B | +23.6% | $69.35B |
| 78 | ExelonEXC · Utilities | $5.148B | +19.2% | $47.61B |
| 79 | TargetTGT · Consumer Staples | $5.117B | −8.1% | $71.76B |
| 80 | Parker HannifinPH · Industrials | $5.068B | +16.6% | $112.5B |
| 81 | Intercontinental ExchangeICE · Financials | $4.929B | +14.4% | $97.09B |
| 82 | Royal CaribbeanRCL · Consumer Discretionary | $4.91B | +19.6% | $86.81B |
| 83 | StrykerSYK · Health Care | $4.889B | +32.5% | $127.6B |
| 84 | American TowerAMT · Real Estate | $4.8458B | +7.3% | $90.04B |
| 85 | PG&EPCG · Utilities | $4.749B | +6.5% | $29.14B |
| 86 | Kinder MorganKMI · Energy | $4.724B | +7.8% | $67.25B |
| 87 | United AirlinesUAL · Industrials | $4.713B | −7.5% | $35.90B |
| 88 | DanaherDHR · Health Care | $4.69B | −3.6% | $159.2B |
| 89 | CVS HealthCVS · Health Care | $4.66B | −45.3% | $104.1B |
| 90 | 3MMMM · Industrials | $4.629B | −4.0% | $97.03B |
| 91 | CSXCSX · Industrials | $4.521B | −13.8% | $93.70B |
| 92 | Northrop GrummanNOC · Industrials | $4.511B | +3.2% | $74.62B |
| 93 | CarnivalCCL · Consumer Discretionary | $4.483B | +25.4% | $40.89B |
| 94 | Dominion EnergyD · Utilities | $4.414B | +35.9% | $61.21B |
| 95 | PrologisPLD · Real Estate | $4.357864B | −1.3% | $119.8B |
| 96 | Norfolk SouthernNSC · Industrials | $4.356B | +7.0% | $73.96B |
| 97 | TeslaTSLA · Consumer Discretionary | $4.355B | −38.5% | $1.359T |
| 98 | Waste ManagementWM · Industrials | $4.308B | +6.0% | $95.95B |
| 99 | BoeingBA · Industrials | $4.281B | +140.0% | $136.7B |
| 100 | CME GroupCME · Financials | $4.2295B | +7.6% | $110.9B |
| 101 | Illinois Tool WorksITW · Industrials | $4.216B | −1.1% | $81.11B |
| 102 | Williams CompaniesWMB · Energy | $4.196B | +25.7% | $78.77B |
| 103 | Vertex PharmaceuticalsVRTX · Health Care | $4.1733B | +1891.9% | $137.5B |
| 104 | TransDigmTDG · Industrials | $4.165B | +18.0% | $68.85B |
| 105 | AppLovinAPP · Technology | $4.151914B | +117.3% | $118.0B |
| 106 | Marriott InternationalMAR · Consumer Discretionary | $4.141B | +9.9% | $110.2B |
| 107 | CumminsCMI · Industrials | $4.025B | +7.3% | $61.49B |
| 108 | United RentalsURI · Industrials | $3.973B | −2.3% | $64.70B |
| 109 | Arista NetworksANET · Technology | $3.8561B | +31.0% | $201.1B |
| 110 | AutoZoneAZO · Consumer Discretionary | $3.723314B | +3.1% | $53.52B |
| 111 | AMDAMD · Technology | $3.694B | +94.4% | $663.2B |
| 112 | Boston ScientificBSX · Health Care | $3.613B | +38.8% | $65.79B |
| 113 | RegeneronREGN · Health Care | $3.5779B | −10.3% | $95.98B |
| 114 | Keurig Dr PepperKDP · Consumer Staples | $3.575B | +38.0% | $50.20B |
| 115 | Mondelez InternationalMDLZ · Consumer Staples | $3.548B | −44.1% | $85.80B |
| 116 | O'Reilly AutomotiveORLY · Consumer Discretionary | $3.460612B | +6.4% | $74.67B |
| 117 | Moody'sMCO · Financials | $3.351B | +16.6% | $88.84B |
| 118 | Targa ResourcesTRGP · Energy | $3.3312B | +23.6% | $58.30B |
| 119 | Colgate-PalmoliveCL · Consumer Staples | $3.306B | −22.5% | $78.45B |
| 120 | Republic ServicesRSG · Industrials | $3.302B | +3.3% | $76.77B |
| 121 | EntergyETR · Utilities | $3.202278B | +20.8% | $50.50B |
| 122 | Valero EnergyVLO · Energy | $3.181B | −15.3% | $102.6B |
| 123 | Simon Property GroupSPG · Real Estate | $3.175396B | +2.7% | $73.51B |
| 124 | SyscoSYY · Consumer Staples | $3.095B | +0.2% | $36.34B |
| 125 | Constellation EnergyCEG · Utilities | $3.086B | −29.1% | $85.08B |
| 126 | Motorola SolutionsMSI · Technology | $2.988B | +11.2% | $85.57B |
| 127 | PSEGPEG · Utilities | $2.98B | +26.6% | $36.48B |
| 128 | Intuitive SurgicalISRG · Health Care | $2.9455B | +25.4% | $162.4B |
| 129 | StarbucksSBUX · Consumer Discretionary | $2.9366B | −45.7% | $121.4B |
| 130 | Con EdisonED · Utilities | $2.935B | +9.9% | $45.05B |
| 131 | Analog DevicesADI · Technology | $2.932496B | +44.3% | $174.9B |
| 132 | General MotorsGM · Consumer Discretionary | $2.909B | −77.2% | $75.84B |
| 133 | GE HealthCareGEHC · Health Care | $2.763B | +5.3% | $38.11B |
| 134 | EcolabECL · Materials | $2.7376B | −2.3% | $85.78B |
| 135 | Ross StoresROST · Consumer Discretionary | $2.707357B | +4.7% | $75.20B |
| 136 | HumanaHUM · Health Care | $2.704B | +5.5% | $49.44B |
| 137 | HiltonHLT · Consumer Discretionary | $2.693B | +13.6% | $82.46B |
| 138 | CencoraCOR · Health Care | $2.628601B | +20.8% | $64.82B |
| 139 | CintasCTAS · Industrials | $2.606512B | +10.5% | $90.45B |
| 140 | Xcel EnergyXEL · Utilities | $2.583B | +8.3% | $51.04B |
| 141 | Becton DickinsonBDX · Health Care | $2.579B | +7.6% | $58.17B |
| 142 | Yum! BrandsYUM · Consumer Discretionary | $2.574B | +7.1% | $46.17B |
| 143 | AirbnbABNB · Consumer Discretionary | $2.544B | −0.4% | $102.1B |
| 144 | PaychexPAYX · Industrials | $2.5105B | +13.7% | $42.54B |
| 145 | W.W. GraingerGWW · Industrials | $2.495B | −5.4% | $68.51B |
| 146 | Monster BeverageMNST · Consumer Staples | $2.419354B | +25.3% | $93.70B |
| 147 | KenvueKVUE · Consumer Staples | $2.414B | +31.1% | $37.09B |
| 148 | Kimberly-ClarkKMB · Consumer Staples | $2.351B | −12.9% | $36.74B |
| 149 | NasdaqNDAQ · Financials | $2.331B | +29.6% | $59.66B |
| 150 | CorningGLW · Technology | $2.279B | +100.8% | $90.09B |
| 151 | eBayEBAY · Consumer Discretionary | $2.277B | −1.8% | $54.27B |
| 152 | WEC Energy GroupWEC · Utilities | $2.2449B | +4.3% | $38.93B |
| 153 | Roper TechnologiesROP · Technology | $2.2354B | +11.9% | $48.61B |
| 154 | MedlineMDLN · Health Care | $2.212B | +3.1% | $52.35B |
| 155 | IQVIAIQV · Health Care | $2.182B | −0.9% | $43.65B |
| 156 | Carrier GlobalCARR · Industrials | $2.172B | −17.9% | $44.07B |
| 157 | FortinetFTNT · Technology | $2.0847B | +15.6% | $90.00B |
| 158 | Crown CastleCCI · Real Estate | $2.075B | −2.0% | $38.74B |
| 159 | Howmet AerospaceHWM · Industrials | $2.046B | +25.3% | $79.96B |
| 160 | Chipotle Mexican GrillCMG · Consumer Discretionary | $1.935798B | +1.0% | $45.41B |
| 161 | L3Harris TechnologiesLHX · Industrials | $1.918B | +34.5% | $48.05B |
| 162 | AMETEKAME · Industrials | $1.910317B | +7.3% | $51.30B |
| 163 | VistraVST · Utilities | $1.906B | −53.3% | $37.93B |
| 164 | KrogerKR · Consumer Staples | $1.89B | −50.9% | $42.49B |
| 165 | ResMedRMD · Health Care | $1.886715B | +11.9% | $33.66B |
| 166 | CarvanaCVNA · Consumer Discretionary | $1.881B | +90.0% | — |
| 167 | Expedia GroupEXPE · Consumer Discretionary | $1.871B | +41.8% | — |
| 168 | EquinixEQIX · Real Estate | $1.848B | +39.2% | $98.73B |
| 169 | VertivVRT · Industrials | $1.8297B | +33.8% | $68.05B |
| 170 | ServiceNowNOW · Technology | $1.824B | +33.7% | $106.2B |
| 171 | WabtecWAB · Industrials | $1.793B | +11.4% | $46.78B |
| 172 | CBRE GroupCBRE · Real Estate | $1.753B | +24.1% | $39.32B |
| 173 | MSCIMSCI · Financials | $1.713567B | +12.1% | $47.03B |
| 174 | Waste ConnectionsWCN · Industrials | $1.710174B | +60.2% | $47.96B |
| 175 | BlockXYZ · Financials | $1.708406B | +91.5% | $51.67B |
| 176 | Rockwell AutomationROK · Industrials | $1.703B | +6.8% | $42.32B |
| 177 | NetAppNTAP · Technology | $1.674B | +25.2% | $33.20B |
| 178 | FastenalFAST · Industrials | $1.6557B | +9.6% | $60.69B |
| 179 | Vulcan MaterialsVMC · Materials | $1.6196B | +18.7% | $36.60B |
| 180 | Quanta ServicesPWR · Industrials | $1.611509B | +19.7% | $76.68B |
| 181 | AutodeskADSK · Technology | $1.578B | +16.5% | $57.06B |
| 182 | Cadence Design SystemsCDNS · Technology | $1.492042B | +10.5% | $85.45B |
| 183 | Agilent TechnologiesA · Health Care | $1.479B | −0.6% | $48.44B |
| 184 | Cboe Global MarketsCBOE · Financials | $1.4671B | +33.6% | $36.85B |
| 185 | HersheyHSY · Consumer Staples | $1.441528B | −50.3% | — |
| 186 | Martin Marietta MaterialsMLM · Materials | $1.437B | −42.0% | $37.54B |
| 187 | CoinbaseCOIN · Financials | $1.435441B | −37.8% | $36.22B |
| 188 | PalantirPLTR · Technology | $1.414015B | +355.5% | $373.4B |
| 189 | Extra Space StorageEXR · Real Estate | $1.412691B | +6.8% | $33.45B |
| 190 | GE VernovaGEV · Industrials | $1.388B | +194.7% | $203.9B |
| 191 | Old Dominion Freight LineODFL · Industrials | $1.361045B | −11.8% | $35.24B |
| 192 | IDEXX LaboratoriesIDXX · Health Care | $1.360031B | +20.5% | $52.85B |
| 193 | Marvell TechnologyMRVL · Technology | $1.3229B | +283.7% | $123.0B |
| 194 | Diamondback EnergyFANG · Energy | $1.266B | −71.2% | $50.15B |
| 195 | Edwards LifesciencesEW · Health Care | $1.2642B | −8.3% | $58.03B |
| 196 | Live Nation EntertainmentLYV · Communication | $1.251217B | +51.8% | $46.47B |
| 197 | HEICOHEI · Industrials | $1.018998B | +23.6% | $46.24B |
| 198 | Veeva SystemsVEEV · Health Care | $916.369M | +32.5% | $50.18B |
| 199 | SynopsysSNPS · Technology | $914.927M | −32.5% | $84.37B |
| 200 | Keysight TechnologiesKEYS · Technology | $876M | +5.2% | $45.09B |
| 201 | TKO Group HoldingsTKO · Communication | $835.015M | +2598.3% | $36.37B |
| 202 | WatersWAT · Health Care | $802.588M | −2.9% | $44.50B |
| 203 | Estée LauderEL · Consumer Staples | $780M | +199.4% | $39.41B |
| 204 | Monolithic Power SystemsMPWR · Technology | $728.636M | +35.1% | $55.20B |
| 205 | DoorDashDASH · Consumer Discretionary | $723M | +2002.6% | $79.28B |
| 206 | WorkdayWDAY · Technology | $721M | +73.7% | $50.09B |
| 207 | Palo Alto NetworksPANW · Technology | $695M | −44.1% | $256.5B |
| 208 | Digital RealtyDLR · Real Estate | $658.492M | +39.6% | $60.95B |
| 209 | TeradyneTER · Technology | $650.051M | +9.5% | $33.22B |
| 210 | LumentumLITE · Technology | $524.8M | +391.4% | $46.18B |
| 211 | Microchip TechnologyMCHP · Technology | $490.1M | +65.4% | $35.29B |
| 212 | BeOne MedicinesONC · Health Care | $447.136M | +178.7% | $44.19B |
| 213 | Comfort Systems USAFIX · Industrials | $209.098M | −72.1% | $33.77B |
| 214 | CienaCIEN · Technology | $197.531M | +18.6% | $32.75B |
| 215 | Bloom EnergyBE · Industrials | $72.802M | +217.8% | $49.51B |
| 216 | DatadogDDOG · Technology | −$44.373M | −181.7% | $65.48B |
| 217 | Take-Two InteractiveTTWO · Communication | −$104.2M | +97.6% | $39.90B |
| 218 | ZscalerZS · Technology | −$133.267M | −3.7% | $33.24B |
| 219 | CloudflareNET · Technology | −$207.205M | −33.9% | $87.32B |
| 220 | CrowdStrikeCRWD · Technology | −$293.292M | −152.0% | $226.9B |
| 221 | NateraNTRA · Health Care | −$309.911M | −39.4% | $52.51B |
| 222 | Hewlett Packard EnterpriseHPE · Technology | −$437M | −120.0% | $58.65B |
| 223 | Air ProductsAPD · Materials | −$877M | −119.6% | $68.92B |
| 224 | Revolution MedicinesRVMD · Health Care | −$1.182369B | −71.5% | $38.42B |
| 225 | RobloxRBLX · Communication | −$1.232342B | −15.9% | $34.10B |
| 226 | SnowflakeSNOW · Technology | −$1.435165B | +1.4% | $95.00B |
| 227 | IntelINTC · Technology | −$2.214B | +81.0% | $277.4B |
| 228 | ModernaMRNA · Health Care | −$3.074B | +22.1% | $96.34B |
| 229 | StrategyMSTR · Technology | −$5.444385B | −193.8% | $55.35B |
| 230 | CenteneCNC · Health Care | −$7.623B | −340.1% | $36.71B |
| 231 | FordF · Consumer Discretionary | −$9.169B | −275.7% | $51.07B |