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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 23 May 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.

$50B

—

FANG Energy

Diamondback Energy, Inc.

$56B

—

SBLK Industrials

STAR BULK CARRIERS CORP.

$3B

—

EXE Energy

EXPAND ENERGY CORPORATION

$23B

—

ALNY Healthcare

ALNYLAM PHARMACEUTICALS, INC.

$40B

—

CCL Consumer Cyclical

Carnival Corp Ltd.

$36B

—

CARS Communication Services

Cars.com Inc.

$539M

—

MKTW Financial Services

MarketWise, Inc.

$47M

—

PTCT Healthcare

PTC Therapeutics, Inc.

$6B

—

PR Energy

Permian Resources Corp

$18B

—

NOG Energy

NORTHERN OIL AND GAS, INC.

$3B

—

MUX Basic Materials

McEWEN INC.

$1B

—

PLTR Technology

Palantir Technologies Inc.

$328B

—

AKBA Healthcare

AKEBIA THERAPEUTICS, INC.

$274M

—

BB Technology

BlackBerry Limited

$5B

—

NVAX Healthcare

NOVAVAX, INC.

$2B

—

GNK Industrials

GENCO SHIPPING & TRADING LIMITED

$1B

—

ABNB Consumer Cyclical

Airbnb, Inc.

$79B

—

SM Energy

SM ENERGY CO

$8B

—

NINE Energy

Nine Energy Service, Inc.

$468M

—

MUR Energy

MURPHY OIL CORPORATION

$5B

—

FCX Basic Materials

Freeport-McMoRan Inc.

$89B

—

IMAX Communication Services

IMAX Corporation

$2B

—

EOG Energy

EOG RESOURCES, INC.

$75B

—

AHT Real Estate

ASHFORD HOSPITALITY TRUST, INC.

$20M

—

IRWD Healthcare

IRONWOOD PHARMACEUTICALS, INC.

$645M

—

OVV Energy

Ovintiv Inc.

$17B

—

USAC Energy

USA Compression Partners, LP

$4B

—

GBTG Consumer Cyclical

Global Business Travel Group, Inc.

$5B

—

LYV Communication Services

LIVE NATION ENTERTAINMENT, INC.

$39B

—

MTDR Energy

Matador Resources Company

$7B

—

BORR Energy

Borr Drilling Limited

$2B

—

APLS Healthcare

APELLIS PHARMACEUTICALS, INC.

$5B

—

BSM Energy

Black Stone Minerals, L.P.

$3B

—

XYF Financial Services

X Financial

$176M

—

ROOT Financial Services

ROOT, INC.

$908M

—

DSX Industrials

DIANA SHIPPING INC.

$321M

—

AREN Communication Services

THE ARENA GROUP HOLDINGS, INC.

$72M

—

SABR Technology

Sabre Corporation

$605M

—

DAL Industrials

Delta Air Lines, Inc.

$50B

—

RAIL Industrials

FREIGHTCAR AMERICA, INC.

$151M

—

APP Communication Services

AppLovin Corp

$162B

—

VRTX Healthcare

VERTEX PHARMACEUTICALS INC / MA

$110B

—

SEI Energy

SOLARIS ENERGY INFRASTRUCTURE, INC.

$7B

—

PRKS Consumer Cyclical

United Parks & Resorts Inc.

$2B

—

MCS Communication Services

MARCUS CORP

$556M

—

RHP Real Estate

RYMAN HOSPITALITY PROPERTIES, INC.

$7B

—

XHR Real Estate

Xenia Hotels & Resorts, Inc.

$2B

—

ACAD Healthcare

ACADIA PHARMACEUTICALS INC.

$4B

—

WYNN Consumer Cyclical

WYNN RESORTS LTD

$10B

—

LKNCY Consumer Cyclical

Luckin Coffee Inc.

$9B

—

BOX Technology

BOX, INC.

$4B

—

HST Real Estate

HOST HOTELS & RESORTS, INC.

$16B

—

NCSM Energy

NCS Multistage Holdings, Inc.

$116M

—

NTNX Technology

NUTANIX, INC.

$13B

—

RIGL Healthcare

RIGEL PHARMACEUTICALS INC

$537M

—

PEB Real Estate

PEBBLEBROOK HOTEL TRUST

$2B

—

LVS Consumer Cyclical

LAS VEGAS SANDS CORP

$33B

—

ESPR Healthcare

Esperion Therapeutics, Inc.

$806M

—

TDW Energy

TIDEWATER INC

$4B

—

AM Energy

ANTERO MIDSTREAM CORPORATION

$11B

—

WTTR Energy

SELECT WATER SOLUTIONS, INC.

$3B

—

EQT Energy

EQT CORPORATION

$36B

—

MLCO Consumer Cyclical

MELCO RESORTS & ENTERTAINMENT LIMITED

$2B

—

EXPE Consumer Cyclical

EXPEDIA GROUP, INC.

$26B

—

FTI Energy

TechnipFMC plc

$28B

—

AAL Industrials

AMERICAN AIRLINES GROUP INC.

$9B

—

PLAY Communication Services

DAVE & BUSTER’S ENTERTAINMENT, INC.

$408M

—

GDRX Healthcare

GoodRx Holdings, Inc.

$897M

—

GLNG Energy

Golar LNG Limited

$5B

—

DAO Consumer Defensive

Youdao, Inc.

$2B

—

TRIP Consumer Cyclical

TRIPADVISOR, INC.

$1B

—

AKR Real Estate

ACADIA REALTY TRUST

$3B

—

LNWO Consumer Cyclical

LIGHT & WONDER, INC.

$6B

—

ATI Industrials

ATI Inc.

$22B

—

LAUR Consumer Defensive

Laureate Education, Inc.

$5B

—

ACIC Financial Services

American Coastal Insurance Corporation

$523M

—

SMHI Industrials

SEACOR Marine Holdings Inc.

$195M

—

CRGY Energy

Crescent Energy Company

$4B

—

WFRD Energy

Weatherford International plc

$8B

—

INN Real Estate

SUMMIT HOTEL PROPERTIES, INC.

$606M

—

RSI Consumer Cyclical

Rush Street Interactive, Inc.

$6B

—

RMBS Technology

RAMBUS INC

$15B

—

RES Energy

RPC, INC.

$2B

—

UBER Technology

UBER TECHNOLOGIES, INC.

$146B

—

TBCH Technology

TURTLE BEACH CORPORATION

$246M

—

INSP Healthcare

Inspire Medical Systems, Inc.

$1B

—

LTH Consumer Cyclical

Life Time Group Holdings, Inc.

$7B

—

HALO Healthcare

HALOZYME THERAPEUTICS, INC.

$8B

—

ALKS Healthcare

Alkermes plc.

$6B

—

XPRO Energy

Expro Group Holdings N.V.

$2B

—

QTTOY Communication Services

Qutoutiao Inc.

$6,061

—

ALK Industrials

ALASKA AIR GROUP, INC.

$5B

—

LEU Energy

Centrus Energy Corp.

$4B

—

P Technology

Everpure, Inc.

$29B

—

RMNI Technology

RIMINI STREET, INC.

$336M

—

IVT Real Estate

INVENTRUST PROPERTIES CORP.

$3B

—

UAL Industrials

United Airlines Holdings, Inc.

$32B

—

100

HLX Energy

HELIX ENERGY SOLUTIONS GROUP, INC.

$1B

—

101

FET Energy

FORUM ENERGY TECHNOLOGIES, INC.

$645M

—

102

GSAT Communication Services

GLOBALSTAR, INC.

$11B

—

103

RAMP Technology

LiveRamp Holdings, Inc.

$2B

—

104

STG Consumer Defensive

Sunlands Technology Group

$36M

—

105

SFL Industrials

SFL Corporation Ltd.

$2B

—

106

JILL Consumer Cyclical

J.Jill, Inc.

$185M

—

107

NVDA Technology

NVIDIA CORP

$5.22T

—

108

NOV Energy

NOV INC.

$7B

—

109

BHR Real Estate

BRAEMAR HOTELS & RESORTS INC.

$184M

—

110

EPR Real Estate

EPR PROPERTIES

$4B

—

111

GSL Industrials

Global Ship Lease, Inc.

$1B

—

112

HHS Industrials

HARTE HANKS, INC.

$19M

—

113

HL Basic Materials

HECLA MINING COMPANY

$11B

—

114

AR Energy

ANTERO RESOURCES CORPORATION

$11B

—

115

LUV Industrials

SOUTHWEST AIRLINES CO.

$20B

—

116

LIVN Healthcare

LivaNova PLC

$4B

—

117

LQDT Consumer Cyclical

LIQUIDITY SERVICES, INC

$1B

—

118

RPD Technology

RAPID7, INC.

$486M

—

119

HTHT Consumer Cyclical

H World Group Ltd

$14B

—

120

MPLX Energy

MPLX LP

$57B

—

121

CLDT Real Estate

Chatham Lodging Trust

$525M

—

122

TUYA Technology

Tuya Inc.

$1B

—

123

BFS Real Estate

SAUL CENTERS, INC.

$1B

—

124

BKNG Consumer Cyclical

Booking Holdings Inc.

$125B

—

125

DBX Technology

Dropbox, Inc.

$6B

—

126

VCYT Healthcare

VERACYTE, INC.

$4B

—

127

IDCC Technology

INTERDIGITAL, INC.

$7B

—

128

INCY Healthcare

INCYTE CORPORATION

$19B

—

129

TRN Industrials

TRINITY INDUSTRIES INC

$3B

—

130

NRG Utilities

NRG Energy, Inc

$29B

—

131

CMRE Industrials

COSTAMARE INC.

$2B

—

132

SE Consumer Cyclical

Sea Limited

$53B

—

133

MGNI Communication Services

MAGNITE, INC.

$2B

—

134

SMA Real Estate

SmartStop Self Storage REIT, Inc.

$2B

—

135

EGHT Technology

8X8 INC /DE/

$311M

—

136

PDD Consumer Cyclical

PDD Holdings Inc.

$135B

—

137

GEN Technology

Gen Digital Inc.

$15B

—

138

ATEN Technology

A10 NETWORKS, INC.

$2B

—

139

YEXT Technology

Yext, Inc.

$368M

—

140

PODD Healthcare

INSULET CORPORATION

$11B

—

141

CALM Consumer Defensive

Cal-Maine Foods, Inc.

$4B

—

142

UPBD Technology

Upbound Group, Inc.

$1B

—

143

TRGP Energy

TARGA RESOURCES CORP.

$59B

—

144

OII Energy

OCEANEERING INTERNATIONAL INC

$4B

—

145

APLE Real Estate

APPLE HOSPITALITY REIT, INC.

$3B

—

146

CCO Communication Services

CLEAR CHANNEL OUTDOOR HOLDINGS, INC.

$1B

—

147

HP Energy

Helmerich & Payne, Inc.

$4B

—

148

JOE Real Estate

The St. Joe Company

$4B

—

149

KEX Industrials

KIRBY CORPORATION

$8B

—

150

PRDO Consumer Defensive

PERDOCEO EDUCATION CORP

$2B

—

151

GCMG Financial Services

GCM Grosvenor Inc.

$638M

—

152

TEVA Healthcare

TEVA PHARMACEUTICAL INDUSTRIES LIMITED

$40B

—

153

NFG Energy

NATIONAL FUEL GAS COMPANY

$8B

—

154

DXCM Healthcare

DEXCOM, INC.

$28B

—

155

MDXG Healthcare

MIMEDX GROUP, INC.

$539M

—

156

CQP Energy

Cheniere Energy Partners, L.P.

$31B

—

157

TCOM Consumer Cyclical

Trip.com Group Limited

$29B

—

158

YALA Technology

YALLA GROUP LIMITED

$941M

—

159

WES Energy

WESTERN MIDSTREAM PARTNERS, LP

$18B

—

160

NPKI Energy

NPK International Inc.

$1B

—

161

PTC Technology

PTC Inc.

$17B

—

162

MOV Consumer Cyclical

MOVADO GROUP, INC.

$632M

—

163

PD Technology

PagerDuty, Inc.

$552M

—

164

HLT Consumer Cyclical

Hilton Worldwide Holdings Inc.

$73B

—

165

WMB Energy

The Williams Companies, Inc.

$96B

—

166

RRGB Consumer Cyclical

RED ROBIN GOURMET BURGERS, INC.

$84M

—

167

WH Consumer Cyclical

Wyndham Hotels & Resorts, Inc.

$6B

—

168

CTLP Technology

Cantaloupe, Inc.

$826M

—

169

XNET Technology

Xunlei Ltd

$349M

—

170

INSW Energy

International Seaways, Inc.

$4B

—

171

TOST Technology

Toast, Inc.

$13B

—

172

UAN Basic Materials

CVR PARTNERS, LP

$1B

—

173

RGS Consumer Cyclical

Regis Corp

$72M

—

174

TWLO Technology

TWILIO INC.

$29B

—

175

INVX Energy

INNOVEX INTERNATIONAL, INC.

$2B

—

176

VNCE Consumer Cyclical

Vince Holding Corp.

$54M

—

177

WEX Technology

WEX Inc.

$5B

—

178

GLPI Real Estate

Gaming and Leisure Properties, Inc.

$14B

—

179

TSQ Communication Services

Townsquare Media, Inc.

$115M

—

180

ARLO Industrials

ARLO TECHNOLOGIES, INC.

$1B

—

181

KALU Basic Materials

Kaiser Aluminum Corporation

$3B

—

182

M Consumer Cyclical

Macy's, Inc.

$5B

—

183

COTY Consumer Defensive

COTY INC.

$2B

—

184

NOW Technology

ServiceNow, Inc.

$105B

—

185

FICO Technology

Fair Isaac Corp

$29B

—

186

BILI Communication Services

Bilibili Inc.

$7B

—

187

PBYI Healthcare

PUMA BIOTECHNOLOGY, INC.

$360M

—

188

HRTG Financial Services

Heritage Insurance Holdings, Inc.

$693M

—

189

QTWO Technology

Q2 Holdings, Inc.

$3B

—

190

ALGT Industrials

ALLEGIANT TRAVEL COMPANY

$2B

—

191

OKTA Technology

OKTA, INC.

$16B

—

192

SPOK Healthcare

SPOK HOLDINGS, INC.

$229M

—

193

AGYS Technology

AGILYSYS, INC.

$2B

—

194

GEL Energy

GENESIS ENERGY LP

$2B

—

195

FTNT Technology

FORTINET, INC.

$98B

—

196

PEGA Technology

PEGASYSTEMS INC.

$6B

—

197

WDAY Technology

WORKDAY, INC.

$32B

—

198

SCOR Technology

COMSCORE, INC.

$97M

—

199

YOU Technology

CLEAR SECURE, INC.

$8B

—

200

ATRO Industrials

ASTRONICS CORPORATION

$3B

—

201

MVST Consumer Cyclical

Microvast Holdings, Inc.

$486M

—

202

CVEO Consumer Cyclical

Civeo Corp

$368M

—

203

SBAC Real Estate

SBA COMMUNICATIONS CORPORATION

$22B

—

204

LSCC Technology

Lattice Semiconductor Corp

$20B

—

205

WMS Industrials

ADVANCED DRAINAGE SYSTEMS, INC.

$10B

—

206

VERX Technology

Vertex, Inc.

$2B

—

207

PCTY Technology

PAYLOCITY HOLDING CORPORATION

$6B

—

208

DBI Consumer Cyclical

Designer Brands Inc.

$360M

—

209

CBT Basic Materials

Cabot Corporation

$4B

—

210

USLM Basic Materials

UNITED STATES LIME & MINERALS INC

$3B

—

211

EIX Utilities

EDISON INTERNATIONAL

$27B

—

212

GILT Technology

GILAT SATELLITE NETWORKS LTD.

$1B

—

213

TISI Industrials

TEAM, INC.

$76M

—

214

HAL Energy

HALLIBURTON COMPANY

$35B

—

215

GTY Real Estate

GETTY REALTY CORP.

$2B

—

216

PLOW Consumer Cyclical

DOUGLAS DYNAMICS, INC

$1B

—

217

BA Industrials

THE BOEING COMPANY

$173B

—

218

CZR Consumer Cyclical

CAESARS ENTERTAINMENT, INC.

$6B

—

219

EXEL Healthcare

EXELIXIS, INC.

$13B

—

220

RGLD Basic Materials

Royal Gold, Inc

$19B

—

221

MSFT Technology

MICROSOFT CORPORATION

$3.11T

—

222

GTLS Industrials

CHART INDUSTRIES, INC.

$10B

—

223

LTC Real Estate

LTC PROPERTIES INC

$2B

—

224

JHG Financial Services

JANUS HENDERSON GROUP PLC

$8B

—

225

HUBS Technology

HubSpot, Inc.

$10B

—

226

TK Energy

TEEKAY CORPORATION LTD.

$1B

—

227

WNC Industrials

WABASH NATIONAL CORPORATION

$316M

—

228

LXU Basic Materials

LSB INDUSTRIES, INC.

$938M

—

229

BMRN Healthcare

BioMarin Pharmaceutical Inc

$10B

—

230

ANET Technology

Arista Networks, Inc.

$194B

—

231

NFLX Communication Services

Netflix, Inc.

$373B

—

232

MRVL Technology

Marvell Technology, Inc.

$172B

—

233

ADT Industrials

ADT Inc.

$5B

—

234

IR Industrials

Ingersoll Rand Inc.

$28B

—

235

WTS Industrials

WATTS WATER TECHNOLOGIES INC

$10B

—

236

GRPN Communication Services

Groupon, Inc.

$719M

—

237

PANW Technology

Palo Alto Networks Inc

$211B

—

238

SCCO Basic Materials

SOUTHERN COPPER CORP/

$150B

—

239

NWPX Basic Materials

NWPX Infrastructure, Inc.

$1B

—

240

FRSH Technology

Freshworks Inc.

$3B

—

241

WIX Technology

Wix.com Ltd.

$2B

—

242

JOYY Communication Services

JOYY INC

$3B

—

243

MPC Energy

MARATHON PETROLEUM CORPORATION

$74B

—

244

ARLP Energy

ALLIANCE RESOURCE PARTNERS LP

$3B

—

245

SPXC Industrials

SPX TECHNOLOGIES, INC.

$10B

—

246

CAL Consumer Cyclical

CALERES, INC.

$456M

—

247

AVGO Technology

Broadcom Inc.

$1.96T

—

248

DUOL Technology

Duolingo, Inc.

$5B

—

249

CCI Real Estate

CROWN CASTLE INC.

$40B

—

250

VCTR Financial Services

Victory Capital Holdings, Inc.

$5B

—

251

NBR Energy

NABORS INDUSTRIES LTD

$2B

—

252

AMD Technology

ADVANCED MICRO DEVICES INC

$762B

—

253

MG Industrials

Mistras Group, Inc.

$550M

—

254

GASS Industrials

STEALTHGAS INC.

$369M

—

255

CAKE Consumer Cyclical

THE CHEESECAKE FACTORY INCORPORATED

$3B

—

256

UPWK Communication Services

UPWORK INC.

$1B

—

257

DOCN Technology

DigitalOcean Holdings, Inc.

$17B

—

258

OSPN Technology

OneSpan Inc.

$486M

—

259

TSLA Consumer Cyclical

Tesla, Inc.

$1.60T

—

260

PM Consumer Defensive

Philip Morris International Inc.

$295B

—

261

AMPH Healthcare

Amphastar Pharmaceuticals, Inc.

$812M

—

262

RRR Consumer Cyclical

RED ROCK RESORTS, INC.

$6B

—

263

QUAD Industrials

Quad/Graphics, Inc.

$372M

—

264

ADSK Technology

AUTODESK, INC.

$51B

—

265

BSX Healthcare

BOSTON SCIENTIFIC CORP

$86B

—

266

PATH Technology

UiPath, Inc.

$6B

—

267

NCNO Technology

nCino, Inc.

$2B

—

268

GOGO Communication Services

Gogo Inc.

$586M

—

269

LNTH Healthcare

LANTHEUS HOLDINGS, INC.

$7B

—

270

OLED Technology

UNIVERSAL DISPLAY CORPORATION

$4B

—

271

DOCU Technology

DOCUSIGN, INC.

$10B

—

272

IQ Communication Services

iQIYI, Inc.

$1B

—

273

BBCP Industrials

CONCRETE PUMPING HOLDINGS, INC.

$384M

—

274

IRDM Communication Services

Iridium Communications Inc.

$5B

—

275

NVMI Technology

NOVA LTD.

$16B

—

276

WCN Industrials

WASTE CONNECTIONS, INC.

$40B

—

277

XYZ Technology

Block, Inc.

$41B

—

278

KMT Industrials

KENNAMETAL INC

$3B

—

279

QLYS Technology

QUALYS, INC.

$4B

—

280

PEN Healthcare

Penumbra, Inc

$13B

—

281

PSIX Industrials

POWER SOLUTIONS INTERNATIONAL, INC.

$896M

—

282

DASH Consumer Cyclical

DOORDASH, INC.

$70B

—

283

ANIP Healthcare

ANI PHARMACEUTICALS, INC

$2B

—

284

LBRT Energy

Liberty Energy Inc.

$5B

—

285

TDC Technology

TERADATA CORP /DE/

$3B

—

286

NXPI Technology

NXP Semiconductors N.V.

$80B

—

287

ESS Real Estate

ESSEX PROPERTY TRUST, INC.

$19B

—

288

HQY Healthcare

HealthEquity, Inc.

$7B

—

289

HWM Industrials

HOWMET AEROSPACE INC.

$103B

—

290

EPRT Real Estate

Essential Properties Realty Trust, Inc.

$7B

—

291

INSG Technology

INSEEGO CORP.

$203M

—

292

MTCH Communication Services

Match Group, Inc.

$8B

—

293

TWIN Industrials

TWIN DISC INC

$231M

—

294

INSE Consumer Cyclical

INSPIRED ENTERTAINMENT, INC.

$188M

—

295

FIVN Technology

Five9, Inc.

$2B

—

296

FSLR Technology

First Solar, Inc.

$28B

—

297

TNL Consumer Cyclical

Travel & Leisure Co.

$4B

—

298

STRL Industrials

Sterling Infrastructure, Inc.

$22B

—

299

WB Communication Services

WEIBO CORPORATION

$2B

—

300

NGVT Basic Materials

INGEVITY CORPORATION

$2B

—

301

CRM Technology

Salesforce, Inc.

$147B

—

302

VICR Technology

VICOR CORPORATION

$12B

—

303

MGM Consumer Cyclical

MGM Resorts International

$10B

—

304

AVPT Technology

AvePoint, Inc.

$2B

—

305

ONTO Technology

ONTO INNOVATION INC.

$13B

—

306

DFIN Technology

Donnelley Financial Solutions, Inc.

$974M

—

307

MCD Consumer Cyclical

McDONALD’S CORPORATION

$201B

—

308

TRS Consumer Cyclical

TRIMAS CORPORATION

$1B

—

309

ADBE Technology

ADOBE INC.

$99B

—

310

CHDN Consumer Cyclical

Churchill Downs Inc

$6B

—

311

BYD Consumer Cyclical

BOYD GAMING CORP

$6B

—

312

PVH Consumer Cyclical

PVH Corp.

$4B

—

313

EZPW Financial Services

EZCORP, INC.

$2B

—

314

GILD Healthcare

GILEAD SCIENCES, INC.

$167B

—

315

PARR Energy

PAR PACIFIC HOLDINGS, INC.

$3B

—

316

CF Basic Materials

CF INDUSTRIES HOLDINGS, INC.

$19B

—

317

EPAC Industrials

ENERPAC TOOL GROUP CORP.

$2B

—

318

CCLD Healthcare

CareCloud, Inc.

$97M

—

319

PUMP Energy

ProPetro Holding Corp.

$2B

—

320

MSCI Financial Services

MSCI INC.

$43B

—

321

YELP Communication Services

YELP INC.

$1B

—

322

CTEV Healthcare

Claritev Corp

$369M

—

323

LRCX Technology

LAM RESEARCH CORPORATION

$382B

—

324

TPR Consumer Cyclical

Tapestry, Inc.

$28B

—

325

MSGS Communication Services

MADISON SQUARE GARDEN SPORTS CORP.

$9B

—

326

CRS Industrials

CARPENTER TECHNOLOGY CORPORATION

$22B

—

327

PAYO Technology

Payoneer Global Inc.

$2B

—

328

RCL Consumer Cyclical

ROYAL CARIBBEAN CRUISES LTD

$69B

—

329

POWL Industrials

Powell Industries, Inc.

$10B

—

330

EVCM Technology

EverCommerce Inc.

$2B

—

331

HAE Healthcare

HAEMONETICS CORPORATION

$3B

—

332

TEN Energy

TSAKOS ENERGY NAVIGATION LIMITED

$1B

—

333

TNK Energy

TEEKAY TANKERS LTD.

$3B

—

334

MLI Industrials

MUELLER INDUSTRIES INC

$15B

—

335

WLY Communication Services

JOHN WILEY & SONS, INC.

$2B

—

336

RELY Technology

Remitly Global, Inc.

$5B

—

337

FWRG Consumer Cyclical

First Watch Restaurant Group, Inc.

$708M

—

338

PINS Communication Services

Pinterest, Inc.

$11B

—

339

FOUR Technology

SHIFT4 PAYMENTS, INC.

$4B

—

340

ACEL Consumer Cyclical

Accel Entertainment, Inc.

$948M

—

341

NI Utilities

NISOURCE INC.

$23B

—

342

WWW Consumer Cyclical

WOLVERINE WORLD WIDE, INC.

$1B

—

343

LITB Consumer Cyclical

LightInTheBox Holding Co., Ltd.

$46M

—

344

NVGS Energy

NAVIGATOR HOLDINGS LTD.

$1B

—

345

NSSC Industrials

NAPCO SECURITY TECHNOLOGIES, INC

$1B

—

346

WMG Communication Services

Warner Music Group Corp.

$18B

—

347

NTCT Technology

NETSCOUT SYSTEMS, INC.

$3B

—

348

MEDP Healthcare

Medpace Holdings, Inc.

$12B

—

349

FLXS Consumer Cyclical

FLEXSTEEL INDUSTRIES, INC.

$229M

—

350

TILE Consumer Cyclical

INTERFACE INC

$2B

—

351

NHP Real Estate

National Healthcare Properties, Inc.

$1B

—

352

RNG Technology

RingCentral, Inc.

$4B

—

353

RCMT Industrials

RCM TECHNOLOGIES, INC.

$155M

—

354

PLNT Consumer Cyclical

PLANET FITNESS, INC.

$4B

—

355

CERT Healthcare

Certara, Inc.

$815M

—

356

MAR Consumer Cyclical

MARRIOTT INTERNATIONAL INC /MD/

$97B

—

357

D Utilities

DOMINION ENERGY, INC

$60B

—

358

FISV —

FISERV, INC.

$30B

—

359

HIMS Healthcare

HIMS & HERS HEALTH, INC.

$5B

—

360

GDDY Technology

GoDaddy Inc.

$12B

—

361

KMI Energy

KINDER MORGAN, INC.

$75B

—

362

WEYS Consumer Cyclical

WEYCO GROUP, INC.

$331M

—

363

BJRI Consumer Cyclical

BJ’S RESTAURANTS, INC.

$937M

—

364

TEL Technology

TE CONNECTIVITY PLC

$59B

—

365

SSP Communication Services

THE E.W. SCRIPPS COMPANY

$313M

—

366

LIN Basic Materials

LINDE PLC

$239B

—

367

UDR Real Estate

UDR, Inc.

$14B

—

368

PLAB Technology

PHOTRONICS, INC.

$3B

—

369

VIAV Technology

Viavi Solutions Inc.

$12B

—

370

ANF Consumer Cyclical

Abercrombie & Fitch Co.

$3B

—

371

NVT Industrials

nVent Electric plc

$27B

—

372

RTX Industrials

RTX CORPORATION

$238B

—

373

HURN Industrials

HURON CONSULTING GROUP INC.

$2B

—

374

MPWR Technology

MONOLITHIC POWER SYSTEMS INC

$78B

—

375

BE Industrials

BLOOM ENERGY CORPORATION

$86B

—

376

ITRI Technology

Itron, Inc.

$4B

—

377

DSGX Technology

DESCARTES SYSTEMS GROUP INC

$6B

—

378

GAP Consumer Cyclical

GAP, INC

$9B

—

379

PAGP Energy

PLAINS GP HOLDINGS LP

$6B

—

380

PAA Energy

PLAINS ALL AMERICAN PIPELINE LP

$17B

—

381

T Communication Services

AT&T INC.

$176B

—

382

HRMY Healthcare

HARMONY BIOSCIENCES HOLDINGS, INC.

$2B

—

383

TMUS Communication Services

T-Mobile US, Inc.

$207B

—

384

OLN Basic Materials

Olin Corporation

$3B

—

385

WTW Financial Services

WILLIS TOWERS WATSON PLC

$24B

—

386

LRN Consumer Defensive

Stride, Inc.

$4B

—

387

VRT Industrials

Vertiv Holdings Co

$126B

—

388

APPF Technology

AppFolio, Inc.

$6B

—

389

SOGP Communication Services

Sound Group Inc.

$55M

—

390

EXTR Technology

EXTREME NETWORKS, INC.

$3B

—

391

IDXX Healthcare

IDEXX LABORATORIES INC /DE

$44B

—

392

CALY Consumer Cyclical

Callaway Golf Company

$3B

—

393

TDG Industrials

TransDigm Group Incorporated

$68B

—

394

DK Energy

DELEK US HOLDINGS, INC.

$3B

—

395

BLKB Technology

Blackbaud, Inc.

$1B

—

396

MTSI Technology

MACOM Technology Solutions Holdings, Inc.

$29B

—

397

CHEF Consumer Defensive

CHEFS’ WAREHOUSE, INC.

$3B

—

398

SHAK Consumer Cyclical

SHAKE SHACK INC.

$3B

—

399

LEVI Consumer Cyclical

LEVI STRAUSS & CO

$8B

—

400

BRC Industrials

BRADY CORP

$4B

—

401

OTTR Industrials

OTTER TAIL CORPORATION

$4B

—

402

AHRT Real Estate

AH REALTY TRUST, INC.

$673M

—

403

WSC Industrials

WILLSCOT HOLDINGS CORPORATION

$4B

—

404

UTI Consumer Defensive

UNIVERSAL TECHNICAL INSTITUTE, INC

$2B

—

405

APPN Technology

APPIAN CORPORATION

$2B

—

406

FRT Real Estate

FEDERAL REALTY INVESTMENT TRUST

$10B

—

407

BELFA Technology

BEL FUSE INC /NJ

$3B

—

408

ASPS Real Estate

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

$68M

—

409

TRUP Financial Services

TRUPANION, INC.

$959M

—

410

CHH Consumer Cyclical

CHOICE HOTELS INTERNATIONAL INC /DE

$5B

—

411

MMSI Healthcare

MERIT MEDICAL SYSTEMS INC

$4B

—

412

CECO Industrials

CECO ENVIRONMENTAL CORP.

$3B

—

413

PAYC Technology

Paycom Software, Inc.

$6B

—

414

CHTR Communication Services

Charter Communications, Inc.

$20B

—

415

MU Technology

MICRON TECHNOLOGY INC

$847B

—

416

NTES Communication Services

NETEASE, INC.

$75B

—

417

ZBH Healthcare

ZIMMER BIOMET HOLDINGS, INC.

$17B

—

418

RNGR Energy

RANGER ENERGY SERVICES, INC.

$385M

—

419

ZBRA Technology

Zebra Technologies Corporation

$12B

—

420

FIS Technology

Fidelity National Information Services, Inc.

$23B

—

421

CBOE Financial Services

Cboe Global Markets, Inc.

$37B

—

422

EVER Communication Services

EverQuote, Inc.

$668M

—

423

PRGS Technology

PROGRESS SOFTWARE CORP /MA

$1B

—

424

HNRG Energy

HALLADOR ENERGY CO

$846M

—

425

AMT Real Estate

AMERICAN TOWER CORP /MA/

$86B

—

426

AMAT Technology

APPLIED MATERIALS INC /DE

$343B

—

427

APG Industrials

APi Group Corporation

$18B

—

428

PPIH Industrials

Perma-Pipe International Holdings, Inc.

$254M

—

429

SKY Consumer Cyclical

Champion Homes, Inc.

$4B

—

430

DXPE Industrials

DXP Enterprises, Inc.

$2B

—

431

BWEN Industrials

BROADWIND, INC.

$91M

—

432

CDNS Technology

CADENCE DESIGN SYSTEMS, INC.

$103B

—

433

CMG Consumer Cyclical

CHIPOTLE MEXICAN GRILL, INC.

$42B

—

434

CAMT Technology

Camtek Ltd.

$8B

—

435

SPSC Technology

SPS COMMERCE, INC.

$2B

—

436

CXM Technology

SPRINKLR, INC.

$1B

—

437

DECK Consumer Cyclical

DECKERS OUTDOOR CORP

$15B

—

438

AEO Consumer Cyclical

AMERICAN EAGLE OUTFITTERS, INC.

$3B

—

439

CENX Basic Materials

Century Aluminum Company

$6B

—

440

MCFT Consumer Cyclical

MASTERCRAFT BOAT HOLDINGS, INC.

$568M

—

441

LII Industrials

LENNOX INTERNATIONAL INC

$17B

—

442

TW Financial Services

Tradeweb Markets Inc.

$23B

—

443

GTIM Consumer Cyclical

Good Times Restaurants Inc.

$14M

—

444

ARCO Consumer Cyclical

Arcos Dorados Holdings Inc.

$2B

—

445

GME Consumer Cyclical

GameStop Corp.

$10B

—

446

LPX Industrials

LOUISIANA-PACIFIC CORPORATION

$5B

—

447

CVI Energy

CVR ENERGY, INC

$3B

—

448

NPO Industrials

ENPRO INC

$7B

—

449

FWONA Communication Services

LIBERTY MEDIA CORPORATION

$21B

—

450

LAZ Financial Services

LAZARD, INC.

$5B

—

451

GHC Consumer Defensive

GRAHAM HOLDINGS CO

$5B

—

452

VOYA Financial Services

Voya Financial, Inc.

$7B

—

453

CVSA Consumer Defensive

Covista Inc.

$4B

—

454

CME Financial Services

CME GROUP INC.

$105B

—

455

GVA Industrials

GRANITE CONSTRUCTION INC

$6B

—

456

TCMD Healthcare

TACTILE SYSTEMS TECHNOLOGY INC

$562M

—

457

AVAH Healthcare

Aveanna Healthcare Holdings Inc.

$2B

—

458

DOUG Real Estate

DOUGLAS ELLIMAN INC.

$166M

—

459

KOP Basic Materials

KOPPERS HOLDINGS INC.

$776M

—

460

GPN Industrials

GLOBAL PAYMENTS INC.

$20B

—

461

QRVO Technology

Qorvo, Inc.

$9B

—

462

FSTR Industrials

L.B. Foster Company

$399M

—

463

DRI Consumer Cyclical

DARDEN RESTAURANTS, INC.

$23B

—

464

STKS Consumer Cyclical

ONE Group Hospitality, Inc.

$62M

—

465

CEG Utilities

CONSTELLATION ENERGY CORPORATION

$106B

—

466

WLDN Industrials

WILLDAN GROUP, INC.

$1B

—

467

EEFT Technology

EURONET WORLDWIDE, INC.

$3B

—

468

ESI Basic Materials

Element Solutions Inc

$10B

—

469

CPK Utilities

CHESAPEAKE UTILITIES CORP

$3B

—

470

CTS Technology

CTS CORPORATION

$2B

—

471

VRSN Technology

VERISIGN INC/CA

$28B

—

472

NC Energy

NACCO INDUSTRIES, INC.

$369M

—

473

CROX Consumer Cyclical

CROCS, INC.

$5B

—

474

DCH Consumer Cyclical

DAUCH CORPORATION

$2B

—

475

OUT Real Estate

OUTFRONT Media Inc.

$6B

—

476

ECPG Financial Services

ENCORE CAPITAL GROUP, INC.

$2B

—

477

ITGR Healthcare

Integer Holdings Corp

$3B

—

478

GTM Technology

ZoomInfo Technologies Inc.

$1B

—

479

VECO Technology

VEECO INSTRUMENTS INC.

$4B

—

480

UPLD Technology

UPLAND SOFTWARE, INC.

$21M

—

481

NJR Utilities

NEW JERSEY RESOURCES CORPORATION

$6B

—

482

ALLT Technology

ALLOT LTD.

$377M

—

483

ITRN Technology

ITURAN LOCATION AND CONTROL LTD.

$1B

—

484

CRK Energy

COMSTOCK RESOURCES, INC.

$4B

—

485

PCG Utilities

PG&E CORP

$36B

—

486

GLW Technology

CORNING INC /NY

$167B

—

487

JAKK Consumer Cyclical

JAKKS Pacific, Inc.

$254M

—

488

SR Utilities

Spire Inc.

$5B

—

489

DINO Energy

HF SINCLAIR CORPORATION

$13B

—

490

FRPT Consumer Defensive

FRESHPET, INC.

$3B

—

491

ETSY Consumer Cyclical

ETSY, INC

$6B

—

492

CNP Utilities

CENTERPOINT ENERGY INC

$28B

—

493

WST Healthcare

WEST PHARMACEUTICAL SERVICES, INC.

$22B

—

494

LECO Industrials

LINCOLN ELECTRIC HOLDINGS INC

$14B

—

495

CRUS Technology

CIRRUS LOGIC, INC.

$9B

—

496

TRMB Technology

TRIMBLE INC.

$13B

—

497

CNS Financial Services

COHEN & STEERS, INC.

$4B

—

498

URBN Consumer Cyclical

URBAN OUTFITTERS, INC.

$7B

—

499

PRTH Technology

Priority Technology Holdings, Inc.

$472M

—

500

MO Consumer Defensive

Altria Group, Inc.

$123B

—

501

SHOP Technology

Shopify Inc.

$134B

—

502

NGL Energy

NGL Energy Partners LP

$2B

—

503

VEEV Healthcare

VEEVA SYSTEMS INC.

$26B

—

504

BLD Industrials

TopBuild Corp

$11B

—

505

GOOG Communication Services

Alphabet Inc.

$4.60T

—

506

GNE Utilities

Genie Energy Ltd.

$368M

—

507

MLM Basic Materials

MARTIN MARIETTA MATERIALS INC

$32B

—

508

HESM Energy

Hess Midstream LP

$8B

—

509

CVLT Technology

Commvault Systems, Inc

$4B

—

510

BL Technology

BlackLine, Inc.

$2B

—

511

CLBT Technology

Cellebrite DI Ltd.

$3B

—

512

BHC Healthcare

Bausch Health Companies Inc.

$2B

—

513

CARG Consumer Cyclical

CarGurus, Inc.

$3B

—

514

WELPM Utilities

WISCONSIN ELECTRIC POWER COMPANY

—

515

PWP Financial Services

PERELLA WEINBERG PARTNERS

$2B

—

516

WLFC Industrials

WILLIS LEASE FINANCE CORP

$1B

—

517

CPRX Healthcare

CATALYST PHARMACEUTICALS, INC.

$4B

—

518

STLD Basic Materials

Steel Dynamics, Inc.

$35B

—

519

AMZN Consumer Cyclical

AMAZON.COM, INC.

$2.86T

—

520

MOD Consumer Cyclical

Modine Manufacturing Company

$14B

—

521

DGII Technology

DIGI INTERNATIONAL INC.

$2B

—

522

NDSN Industrials

NORDSON CORPORATION

$16B

—

523

KBR Industrials

KBR, Inc.

$4B

—

524

KO Consumer Defensive

COCA COLA CO

$351B

—

525

YUM Consumer Cyclical

YUM! BRANDS, INC.

$43B

—

526

CNTY Consumer Cyclical

CENTURY CASINOS, INC.

$37M

—

527

MSA Industrials

MSA Safety Inc

$7B

—

528

KEQU Consumer Cyclical

KEWAUNEE SCIENTIFIC CORPORATION

$115M

—

529

COKE Consumer Defensive

COCA-COLA CONSOLIDATED, INC.

$12B

—

530

MOMO Communication Services

Hello Group Inc.

$872M

—

531

FA Industrials

First Advantage Corporation

$3B

—

532

BLBD Industrials

BLUE BIRD CORPORATION

$2B

—

533

BMI Technology

BADGER METER, INC.

$4B

—

534

RICK Consumer Cyclical

RCI HOSPITALITY HOLDINGS, INC.

$186M

—

535

FORM Technology

FormFactor, Inc.

$10B

—

536

NTAP Technology

NetApp, Inc.

$28B

—

537

PG Consumer Defensive

PROCTER & GAMBLE CO

$336B

—

538

DLX Industrials

DELUXE CORP

$1B

—

539

CALX Technology

Calix, Inc

$3B

—

540

AON Financial Services

Aon plc

$69B

—

541

RYN Real Estate

RAYONIER INC.

$6B

—

542

INTU Technology

INTUIT INC.

$88B

—

543

ULTA Consumer Cyclical

ULTA BEAUTY, INC.

$23B

—

544

AMRX Healthcare

Amneal Pharmaceuticals, Inc.

$4B

—

545

CAT Industrials

CATERPILLAR INC

$405B

—

546

ONT Industrials

Onterris, Inc.

$601M

—

547

XPO Industrials

XPO, Inc.

$24B

—

548

HOG Consumer Cyclical

Harley-Davidson, Inc.

$2B

—

549

AGX Industrials

Argan, Inc.

$9B

—

550

RMD Healthcare

ResMed Inc.

$30B

—

551

A Healthcare

AGILENT TECHNOLOGIES, INC.

$32B

—

552

NSC Industrials

NORFOLK SOUTHERN CORP

$71B

—

553

WSM Consumer Cyclical

Williams-Sonoma, Inc.

$23B

—

554

QGEN Healthcare

QIAGEN N.V.

$7B

—

555

ODC Basic Materials

OIL-DRI CORPORATION OF AMERICA

$1B

—

556

ITT Industrials

ITT INC.

$18B

—

557

MWA Industrials

MUELLER WATER PRODUCTS, INC.

$4B

—

558

DELL Technology

Dell Technologies Inc.

$192B

—

559

AIT Industrials

APPLIED INDUSTRIAL TECHNOLOGIES, INC.

$11B

—

560

IESC Industrials

IES Holdings, Inc.

$13B

—

561

MSI Technology

MOTOROLA SOLUTIONS, INC.

$67B

—

562

HXL Industrials

HEXCEL CORP /DE/

$7B

—

563

FFIV Technology

F5, INC.

$22B

—

564

ELF Consumer Defensive

e.l.f. Beauty, Inc.

$3B

—

565

EXC Utilities

EXELON CORPORATION

$47B

—

566

KN Technology

Knowles Corporation

$3B

—

567

ESBA Real Estate

EMPIRE STATE REALTY OP, L.P.

$2B

—

568

ESRT Real Estate

Empire State Realty Trust, Inc.

$2B

—

569

RL Consumer Cyclical

Ralph Lauren Corporation

$22B

—

570

LAMR Real Estate

LAMAR ADVERTISING CO/NEW

$16B

—

571

BCO Industrials

BRINK’S CO

$4B

—

572

BOOT Consumer Cyclical

BOOT BARN HOLDINGS, INC.

$5B

—

573

RLX Consumer Defensive

RLX Technology Inc.

$3B

—

574

TOL Consumer Cyclical

Toll Brothers, Inc.

$13B

—

575

MELI Consumer Cyclical

MercadoLibre, Inc.

$84B

—

576

UI Technology

UBIQUITI INC.

$37B

—

577

AAPL Technology

Apple Inc.

$4.54T

—

578

TTMI Technology

TTM TECHNOLOGIES, INC.

$20B

—

579

AAT Real Estate

AMERICAN ASSETS TRUST, INC.

$2B

—

580

CSL Industrials

CARLISLE COMPANIES INCORPORATED

$14B

—

581

ALSN Consumer Cyclical

ALLISON TRANSMISSION HOLDINGS, INC.

$9B

—

582

ETD Consumer Cyclical

Ethan Allen Interiors Inc.

$502M

—

583

DOCS Healthcare

Doximity, Inc.

$4B

—

584

PH Industrials

PARKER-HANNIFIN CORPORATION

$109B

—

585

MDU Utilities

MDU RESOURCES GROUP, INC.

$5B

—

586

DUK Utilities

DUKE ENERGY CORPORATION

$98B

—

587

BSET Consumer Cyclical

BASSETT FURNITURE INDUSTRIES, INCORPORATED

$127M

—

588

MTN Consumer Cyclical

Vail Resorts, Inc.

$5B

—

589

MKL Financial Services

MARKEL GROUP INC.

$23B

—

590

THR Industrials

THERMON GROUP HOLDINGS, INC.

$2B

—

591

EAT Consumer Cyclical

BRINKER INTERNATIONAL, INC.

$6B

—

592

HLMN Industrials

Hillman Solutions Corp.

$1B

—

593

TT Industrials

TRANE TECHNOLOGIES PLC

$100B

—

594

ZWS Industrials

ZURN ELKAY WATER SOLUTIONS CORPORATION

$8B

—

595

GIC Industrials

Global Industrial Company

$1B

—

596

HLIT Technology

HARMONIC INC.

$2B

—

597

HUBB Industrials

HUBBELL INC

$25B

—

598

AFG Financial Services

AMERICAN FINANCIAL GROUP, INC.

$11B

—

599

NWL Consumer Defensive

NEWELL BRANDS INC.

$2B

—

600

ETR Utilities

ENTERGY CORP /DE/

$51B

—

601

NICE Technology

NICE LTD.

$6B

—

602

BFAM Consumer Cyclical

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

$4B

—

603

PNR Industrials

Pentair plc

$12B

—

604

CTAS Industrials

Cintas Corporation

$69B

—

605

EME Industrials

EMCOR Group, Inc.

$38B

—

606

TGLS Basic Materials

TECNOGLASS INC.

$2B

—

607

SPG Real Estate

SIMON PROPERTY GROUP, INC.

$78B

—

608

AWI Industrials

ARMSTRONG WORLD INDUSTRIES, INC.

$7B

—

609

TXRH Consumer Cyclical

Texas Roadhouse, Inc.

$12B

—

610

NDAQ Financial Services

Nasdaq, Inc.

$51B

—

611

NRDS Communication Services

NerdWallet, Inc.

$549M

—

612

WTRG Utilities

Essential Utilities, Inc.

$11B

—

613

NNN Real Estate

NNN REIT, INC.

$9B

—

614

HCC Basic Materials

Warrior Met Coal, Inc.

$4B

—

615

IQV Healthcare

IQVIA HOLDINGS INC.

$28B

—

616

PYYX Consumer Defensive

Pyxus International, Inc.

$59M

—

617

SCHL Communication Services

SCHOLASTIC CORPORATION

$751M

—

618

CSR Real Estate

CENTERSPACE

$1B

—

619

EHTH Financial Services

EHEALTH, INC.

$50M

—

620

UFPT Healthcare

UFP Technologies, Inc.

$2B

—

621

UTHR Healthcare

United Therapeutics Corporation

$24B

—

622

SIG Consumer Cyclical

SIGNET JEWELERS LIMITED

$3B

—

623

SON Consumer Cyclical

SONOCO PRODUCTS CO

$5B

—

624

QFIN Financial Services

Qfin Holdings, Inc.

$1B

—

625

IDT Communication Services

IDT CORPORATION

$1B

—

626

ANGI Communication Services

Angi Inc.

$223M

—

627

MGRC Industrials

McGRATH RENTCORP

$3B

—

628

ARAY Healthcare

ACCURAY INCORPORATED

$37M

—

629

META Communication Services

Meta Platforms, Inc.

$1.55T

—

630

GCO Consumer Cyclical

Genesco Inc.

$402M

—

631

PPC Consumer Defensive

PILGRIM’S PRIDE CORPORATION

$7B

—

632

LOGI Technology

LOGITECH INTERNATIONAL S.A.

$16B

—

633

AORT Healthcare

ARTIVION, INC.

$1B

—

634

GWRE Technology

Guidewire Software, Inc.

$12B

—

635

NYT Communication Services

THE NEW YORK TIMES COMPANY

$12B

—

636

KIM Real Estate

KIMCO REALTY CORPORATION

$16B

—

637

HAYW Industrials

Hayward Holdings, Inc.

$3B

—

638

TDY Technology

TELEDYNE TECHNOLOGIES INC

$29B

—

639

TEX Industrials

Terex Corporation

$7B

—

640

TREE Financial Services

LendingTree, Inc.

$508M

—

641

SIRI Communication Services

SIRIUS XM HOLDINGS INC.

$10B

—

642

NL Industrials

NL INDUSTRIES, INC.

$344M

—

643

BROS Consumer Cyclical

DUTCH BROS INC.

$9B

—

644

CPRT Industrials

COPART, INC.

$33B

—

645

ACLS Technology

AXCELIS TECHNOLOGIES INC

$5B

—

646

BLMN Consumer Cyclical

BLOOMIN’ BRANDS, INC.

$669M

—

647

SSNC Technology

SS&C TECHNOLOGIES HOLDINGS, INC.

$16B

—

648

MANH Technology

MANHATTAN ASSOCIATES, INC.

$8B

—

649

GRMN Technology

GARMIN LTD

$46B

—

650

VVV Consumer Cyclical

VALVOLINE INC.

$4B

—

651

APH Technology

AMPHENOL CORP /DE/

$162B

—

652

ARMK Industrials

Aramark

$13B

—

653

NXT Technology

Nextpower Inc.

$20B

—

654

ALLE Industrials

Allegion plc

$11B

—

655

STRT Consumer Cyclical

STRATTEC SECURITY CORP

$303M

—

656

SPB Consumer Defensive

Spectrum Brands Holdings, Inc.

$2B

—

657

VATE Industrials

INNOVATE CORP.

$179M

—

658

SSRM Basic Materials

SSR MINING INC.

$6B

—

659

GNL Real Estate

Global Net Lease, Inc.

$2B

—

660

IBP Consumer Cyclical

Installed Building Products, Inc.

$6B

—

661

WAB Industrials

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION

$44B

—

662

AXTA Basic Materials

AXALTA COATING SYSTEMS LTD.

$6B

—

663

DIS Communication Services

WALT DISNEY CO/

$179B

—

664

SPGI Financial Services

S&P Global Inc.

$124B

—

665

AZZ Industrials

AZZ Inc.

$4B

—

666

BDX Healthcare

BECTON DICKINSON & CO

$41B

—

667

ROCK Industrials

GIBRALTAR INDUSTRIES, INC.

$1B

—

668

NBIX Healthcare

NEUROCRINE BIOSCIENCES, INC.

$16B

—

669

MORN Financial Services

MORNINGSTAR, INC.

$7B

—

670

CW Industrials

CURTISS-WRIGHT CORPORATION

$27B

—

671

CSV Consumer Cyclical

CARRIAGE SERVICES, INC.

$694M

—

672

XYL Industrials

Xylem Inc.

$26B

—

673

VSCO Consumer Cyclical

VICTORIA’S SECRET & CO.

$4B

—

674

GTES Industrials

Gates Industrial Corporation plc

$6B

—

675

VSEC Industrials

VSE CORPORATION

$5B

—

676

CXT Industrials

CRANE NXT, CO.

$2B

—

677

VITL Consumer Defensive

Vital Farms, Inc.

$434M

—

678

SSD Basic Materials

Simpson Manufacturing Co., Inc.

$8B

—

679

UIS Technology

UNISYS CORP

$215M

—

680

SHOO Consumer Cyclical

STEVEN MADDEN, LTD.

$3B

—

681

CLVT Technology

CLARIVATE PLC

$2B

—

682

LNT Utilities

ALLIANT ENERGY CORP

$19B

—

683

DBD Technology

Diebold Nixdorf, Incorporated

$3B

—

684

FIX Industrials

COMFORT SYSTEMS USA, INC.

$64B

—

685

EACO Technology

EACO CORPORATION

$510M

—

686

NVST Healthcare

ENVISTA HOLDINGS CORPORATION

$4B

—

687

CPNG Consumer Cyclical

COUPANG, INC.

$29B

—

688

FTV Technology

Fortive Corp

$18B

—

689

KSS Consumer Cyclical

KOHLS Corp

$1B

—

690

JFIN Financial Services

Jiayin Group Inc.

$208M

—

691

LINC Consumer Defensive

LINCOLN EDUCATIONAL SERVICES CORPORATION

$2B

—

692

KMB Consumer Defensive

KIMBERLY-CLARK CORPORATION

$33B

—

693

TER Technology

TERADYNE, INC.

$56B

—

694

BDC Technology

BELDEN INC.

$4B

—

695

OC Industrials

Owens Corning

$9B

—

696

FRD Basic Materials

FRIEDMAN INDUSTRIES, INCORPORATED

$147M

—

697

ECL Basic Materials

ECOLAB INC.

$71B

—

698

LDOS Technology

Leidos Holdings, Inc.

$16B

—

699

MTRN Basic Materials

MATERION CORPORATION

$4B

—

700

CLH Industrials

CLEAN HARBORS, INC

$15B

—

701

BSY Technology

BENTLEY SYSTEMS, INCORPORATED

$10B

—

702

STZ Consumer Defensive

CONSTELLATION BRANDS, INC.

$26B

—

703

PENG Technology

PENGUIN SOLUTIONS, INC.

$3B

—

704

GWW Industrials

W.W. GRAINGER, INC.

$59B

—

705

MRSH Financial Services

Marsh & McLennan Companies, Inc.

$79B

—

706

MD Healthcare

Pediatrix Medical Group, Inc.

$2B

—

707

FTK Energy

FLOTEK INDUSTRIES INC/CN

$721M

—

708

POST Consumer Defensive

Post Holdings, Inc.

$4B

—

709

TSEM Technology

TOWER SEMICONDUCTOR LTD.

$34B

—

710

THC Healthcare

TENET HEALTHCARE CORP

$15B

—

711

ISRG Healthcare

Intuitive Surgical, Inc.

$155B

—

712

GIS Consumer Defensive

GENERAL MILLS INC

$18B

—

713

CRTO Communication Services

Criteo S.A.

$869M

—

714

IPAR Consumer Defensive

INTERPARFUMS, INC.

$3B

—

715

RBC Industrials

RBC BEARINGS INCORPORATED

$18B

—

716

MA Financial Services

Mastercard Incorporated

$441B

—

717

VMI Industrials

VALMONT INDUSTRIES INC

$10B

—

718

GBX Industrials

THE GREENBRIER COMPANIES, INC.

$1B

—

719

CWK Real Estate

CUSHMAN & WAKEFIELD LTD.

$3B

—

720

AWR Utilities

American States Water Co

$3B

—

721

QCOM Technology

QUALCOMM INC/DE

$251B

—

722

MIDD Industrials

THE MIDDLEBY CORPORATION

$7B

—

723

VLO Energy

VALERO ENERGY CORP/TX

$73B

—

724

CRNT Technology

CERAGON NETWORKS LTD

$242M

—

725

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).