Outthinker List 2025
The Outthinker List 2025 is the result of a disciplined, multi-year research effort designed to identify true strategic outperformers, not short-term winners. We began with a universe of more than 7,000 publicly traded companies and applied a rigorous set of financial filters to surface organizations that consistently outperform their peers across the fundamentals that matter most.
Book Value Growth
(5 years)
top half of industry
Sales Growth
(5 years)
top half of industry
Earnings per Share Growth
(5 years)
top half of industry
Profit Margin
(most recent year)
top half of industry
Operating Margin
(most recent year)
top 60% of industry
This reduced the field to 280 high-performing companies. We then conducted a deep qualitative review to confirm that results were driven by strategic choices not just by luck or temporary tailwinds. Specifically, we looked for evidence of the ability to:
Achieve and sustain product-market fit
Build durable pricing power
Align the organization around strategic priorities
Allocate capital deliberately and effectively
Finally, we tested for performance persistence and investor confidence, refining the list to the 45 companies that consistently convert insight into action. The Outthinker List 2025 highlights organizations that unite analytical rigor, strategic clarity, and executional excellence by setting the standard for how strategy is practiced at the highest level.
Explore the list below to see who made it in 2025, and join Outthinker to learn how these companies turn strategy into sustained advantage.
| As Compared to the Industry | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Company Name | Ticker | Description | Book Value 5 Yr Growth Rate | Sales 5 Yr Growth Rate | % Net Profit Margin in the Most Recent Year | Operating Margin in the Most Recent Year | EPS 5 Yr Growth Rate | Outthinker Competitiveness Score | Strategy Summary |
| AbbVie | ABBV | AbbVie is a pharmaceutical company that discovers and delivers innovative medicines and solutions to address complex health issues and enhance people’s lives, with major products including Humira (adalimumab). | 100% | 62% | 91% | 92% | 62% | 79 | AbbVie Inc. has excelled due to strategic moves like the $63 billion Allergan acquisition in 2020, diversifying into aesthetics and neuroscience, the accelerated development of Skyrizi and Rinvoq driving significant immunology revenue, and the $2.22 billion Gubra acquisition in 2025, positioning AbbVie in the high-growth obesity market. |
| Adobe | ADBE | Adobe Inc. develops creative and digital media software products, including Photoshop, Illustrator, Premiere Pro, and Acrobat. The company provides cloud-based subscription solutions for design, marketing, and document management through Creative Cloud and Document Cloud. | 54% | 82% | 77% | 73% | 55% | 66 | Adobe’s performance reflects a strategic inflection driven by its transition to recurring cloud subscriptions, integration of AI features across products, expansion of Adobe Express for small businesses, and disciplined pricing and cost structure, which have supported sustained revenue and margin growth since 2021. |
| Amazon | AMZN | Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally, with a mission to be Earth’s most customer-centric company. | 86% | 56% | 67% | 90% | 84% | 76 | Amazon has reshaped its growth profile by turning AWS into a high-margin AI infrastructure engine, restoring retail profitability through cost discipline, scaling advertising into a $55-billion annual business, and reinforcing its ecosystem with bold bets like Project Kuiper, Zoox, and exclusive sports content on Prime Video |
| Arista Networks | ANET | Develops and sells cloud networking solutions, including switches, routers, and software, for large data centers and enterprises. | 86% | 94% | 100% | 100% | 82% | 91 | Arista’s strength comes from leading in AI-driven cloud networking, leveraging open merchant-silicon designs for performance and cost efficiency, expanding into campus switching and security, and maintaining a debt-free balance sheet that fuels sustained R&D and growth. |
| Amphenol Corp. | APH | Manufactures and markets electrical, electronic, and fiber optic connectors, cables, and interconnect systems serving diverse end markets. | 83% | 88% | 95% | 84% | 57% | 80 | Amphenol’s strength stems from its steady stream of bolt-on acquisitions that expand its connector and sensor portfolio, deliberate expansion into high-growth automotive and EV interconnect markets, a decentralized operating model that drives entrepreneurial execution across 40+ countries, and sustained R&D investment that keeps the company aligned with secular demand in aerospace, industrial, and datacom applications. |
| Boyd Gaming | BYD | Boyd Gaming Corporation is an American gaming and hospitality company that owns and operates casinos, Boyd Interactive (an online casino gaming business), and a travel agency. | 75% | 73% | 95% | 92% | 100% | 85 | Boyd Gaming Corporation has outperformed due to strategic decisions like acquiring Resorts Digital in 2023 to expand online gaming, expanding Sky River Casino to drive projected 2025 revenue growth, leveraging a 5% FanDuel stake for sports betting growth, repurchasing shares to enhance EPS, and renovating its 28 properties to improve retention and margins |
| Celestica | CLS | Celestica Inc. provides supply chain solutions including high-reliability design, manufacturing, and services that bring global expertise at every stage of product development for various markets. | 59% | 67% | 53% | 40% | 96% | 67 | Celestica Inc. has excelled due to strategic moves like pivoting to AI and cloud infrastructure boosting Connectivity & Cloud Solutions revenue by 28% in Q1 2025, optimizing supply chains for a 21.4% operating margin, and expanding into aerospace/defense and healthcare verticals, as recognized by Forbes, |
| Chipotle Mexican Grill | CMG | Celestica Inc. provides supply chain solutions including high-reliability design, manufacturing, and services that bring global expertise at every stage of product development for various markets. | 84% | 91% | 88% | 67% | 100% | 89 | Chipotle’s sustained momentum reflects investments in digital ordering and “Chipotlane” drive-thrus, disciplined pricing and productivity initiatives, accelerated international expansion, and a relentless pace of menu innovation that keeps the brand relevant with younger consumers |
| Deere and Co. | DE | Deere & Company, doing business as John Deere, manufactures agricultural machinery, heavy equipment, forestry machinery, and related products, working to help produce food, fiber, fuel, and infrastructure for people worldwide. | 95% | 95% | 89% | 95% | 95% | 94 | Deere has outperformed by executing its Smart Industrial Strategy to build a precision-agriculture ecosystem managing over 500 million machine hours, enforcing pricing discipline while rolling out autonomous and AI-enabled equipment, expanding its $15 billion Construction & Forestry segment, and pairing $15 billion in buybacks with sustained R&D in electrification and autonomy under CEO John May |
| Electronic Arts Inc | EA | Electronic Arts Inc. develops, markets, publishes, and delivers games, content, and services for game consoles, PCs, and mobile phones worldwide, specializing in video game development and publishing. | 50% | 67% | 67% | 100% | 100% | 74 | EA’s performance reflects bold choices such as pivoting over 70% of revenues to live services, successfully rebranding FIFA into EA Sports FC, expanding into racing and mobile through acquisitions like Codemasters, and broadening reach with EA Play subscriptions that lock in recurring engagement and cash flow. |
| e.l.f. Beauty | ELF | e.l.f. Beauty, Inc. is a cosmetics brand that builds brands designed to disrupt industry norms, shape culture, and connect communities through positivity, inclusivity, and accessibility, offering vegan and cruelty-free cosmetics and skin care. | 100% | 100% | 100% | 100% | 100% | 100 | Despite recent tarrif-related challenges, e.l.f. Beauty’s long-term performance has bee extraordinary, stemming from “building a viral, digital-first marketing engine that turned low-cost “dupes” into mainstream hits, expanding beyond cosmetics through the $355 million Naturium deal and a planned $1 billion Rhode acquisition, deepening its omnichannel reach in Target, Walmart, and Ulta while pushing into Europe, and defending margins with smart pricing moves and fast innovation cycles that keep it ahead of consumer trends |
| Comfort Systems USA | FIX | Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services, serving as a leading building and service provider for mechanical, electrical, and plumbing building systems. | 93% | 97% | 54% | 54% | 100% | 86 | Comfort Systems USA has outperformed due to strategic moves like targeted acquisitions including Summit Industrial in 2024 and DECCO in 2023 to expand into semiconductor and biotech facilities, focusing on data centers and modular construction for a 39.6% Q2 2024 revenue surge, and investing in sustainability for margin growth. |
| Fabrinet | FN | Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services, specializing in precision optical, electro-optical, sophisticated electronic PCBA, and electromechanical process technologies for demanding OEMs. | 88% | 96% | 91% | 66% | 91% | 89 | Fabrinet has excelled due to strategic moves like acquiring Exception EMS in 2020 to expand electro-mechanical capabilities, focusing on AI datacom as a key NVIDIA supplier driving revenue growth, and securing a 2025 Amazon partnership for custom datacenter components. |
| Gildan Activewear | GIL | Gildan Activewear Inc. manufactures and sells various apparel products including T-shirts, fleece tops, and sport shirts, operating as a manufacturer of branded clothing with a vertically integrated business model. | 60% | 72% | 100% | 100% | 74% | 77 | Gildan Activewear has outperformed in part because of smart strategic choices such as launching the Gildan Sustainable Growth strategy in 2022 for capacity expansion and innovation, ramping up the Bangladesh manufacturing complex in 2023 for geographic diversification, acquiring Frontier Yarns in 2022 to bolster vertical integration, resolving 2024 governance issues via CEO rehiring, and announcing the HanesBrands acquisition in August 2025 for synergies and scale. |
| Alphabet Inc. | GOOG | Alphabet Inc. is an American multinational technology conglomerate holding company that includes Google Services providing products like ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, and Google Photos. | 79% | 86% | 93% | 95% | 100% | 90 | Alphabet Inc. has outperformed in part because of smart strategic choices such as heavy AI investments launching Gemini and Vertex AI in 2023 to dominate generative AI, the $5.4 billion Mandiant acquisition in 2022 and planned $23 billion Wiz deal in 2024 to bolster cloud cybersecurity, expanding subscriptions like YouTube Premium to over 100 million users for revenue diversification, and scaling Waymo’s autonomous ridesharing. |
| Garmin | GRMN | Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices worldwide, providing superior products for automotive, aviation, marine, outdoor, and sports that are essential to customers’ lives. | 71% | 84% | 100% | 96% | 55% | 77 | Garmin Ltd has outperformed in part because of smart strategic choices such as the 2021 acquisition of GEOS Worldwide to enhance emergency response in devices, boosting R&D to 15.7% of sales for innovations in wearables and connected ecosystems, diversifying into high-growth fitness and outdoor segments amid wellness trends, and optimizing supply chains for resilience against tariffs and disruptions. |
| HEICO Corp. | HEI | HEICO Corporation is a technology-driven aerospace, industrial, defense, and electronics company that designs, manufactures, and markets highly engineered precision bearings and products for various sectors. | 84% | 83% | 80% | 88% | 78% | 82 | HEICO Corporation has outperformed in part because of smart strategic choices such as the $2.05 billion acquisition of Wencor Group in 2023 to expand its aftermarket parts portfolio, significant R&D investments in defense electronics driving double-digit sales growth, and a decentralized management model enhancing operational agility, as recognized by industry analysts and business publications. |
| IDEXX Labs | IDXX | IDEXX Laboratories, Inc. is a global leader in veterinary diagnostics, software, and water microbiology testing, providing innovative solutions for companion animals, livestock, and water quality. | 100% | 68% | 91% | 91% | 75% | 84 | IDEXX Laboratories has strengthened its leadership in veterinary diagnostics and practice management software through sustained investment in innovation such as AI-powered diagnostic tools, geographic expansion into high-growth international markets, and a recurring-revenue model that now makes up most of sales, while disciplined capital allocation and steady margin expansion have reinforced its position as the global standard in animal health solutions. |
| IES Holdings | IESC | IES Holdings, Inc. designs and installs integrated electrical and technology systems, providing infrastructure products and services to various end markets, focused on building, installing, and maintaining critical systems. | 95% | 89% | 73% | 74% | 100% | 89 | IES Holdings has outperformed in part because of smart strategic choices such as aggressive acquisitions like Greiner Industries in April 2024 for expanded structural steel capabilities and Arrow Engine Company in January 2025 for natural gas offerings, focused expansion into high-growth data centers and renewable energy markets driving tripled sales, and a decentralized management model boosting operational agility |
| Intuit Inc. | INTU | Intuit Inc. provides financial management, compliance, and marketing products and services, with a mission to power prosperity around the world through software like TurboTax, QuickBooks, and Mint. | 100% | 78% | 84% | 76% | 67% | 81 | Intuit has outperformed by broadening its platform through the $12 billion Mailchimp and Credit Karma acquisitions, embedding its GenOS AI into TurboTax and QuickBooks to drive automation, expanding fintech services like payments and lending for small businesses, and pairing international growth with $8 billion in buybacks to balance innovation and shareholder returns |
| Intuitive Surgical | ISRG | Intuitive Surgical, Inc. develops, manufactures, and markets products that enable physicians and healthcare providers to enhance the quality of and access to minimally invasive care, primarily through the da Vinci surgical system. | 72% | 90% | 100% | 93% | 58% | 79 | Intuitive Surgical has outperformed in part because of smart strategic choices such as obtaining FDA clearance for the da Vinci 5 system in March 2024 to expand procedure applications, securing regulatory approvals in Japan and the EU in 2025 for global growth, acquiring European distributors in January 2025 for direct sales control, investing 13.7% of sales in R&D for AI integration, and appointing David Rosa as CEO in July 2025 for pipeline execution. |
| Strides, Inc. | LRN | Stride, Inc. provides proprietary and third-party online curriculum, software systems, and educational services for K-12 virtual and blended learning programs. | 100% | 100% | 50% | 60% | 100% | 89 | Stride’s momentum reflects a broadening of its model from K–12 virtual schools into career learning and workforce pathways, supported by platform innovation in AI-driven personalization and tutoring. Partnerships with higher education and employers have expanded credential and job placement options, while disciplined operations lifted margins to ~15% in FY2024 and maintained a balanced cash/debt profile that funds both growth and resilience. |
| MercadoLibre Inc. | MELI | MercadoLibre, Inc. operates online commerce platforms in Latin America, providing an ecosystem formed by Mercado Libre (commerce) and Mercado Pago (fintech), facilitating e-commerce and digital financial services. | 72% | 89% | 56% | 60% | 100% | 80 | MercadoLibre has outperformed by scaling its logistics network with dedicated air capacity, transforming Mercado Pago into a full fintech ecosystem, expanding credit with proprietary risk metrics, building retail media into a third revenue pillar, and deepening its dominance in Brazil and Mexico. |
| Meta Platforms | META | Meta Platforms, Inc. builds technologies for social metaverse experiences, owning platforms like Facebook, Instagram, Threads, Messenger, and WhatsApp, advancing beyond 2D screens into immersive realities. | 86% | 93% | 100% | 100% | 88% | 92 | Meta Platforms has strategically pivoted toward long-term innovation and efficiency by rebranding to emphasize the metaverse in 2021, declaring 2023 as the “Year of Efficiency” with significant workforce reductions and operational streamlining, aggressively investing in AI through open-sourcing the Llama model and boosting infrastructure spending, initiating shareholder-friendly dividends and buybacks in 2024, and launching competitive features like Reels in 2020 to capture short-form video engagement and counter rivals like TikTok. |
| Monster Beverage | MNST | Develops, markets, and sells energy drink beverages and concentrates under the Monster Energy brand and others worldwide. | 75% | 94% | 82% | 71% | 67% | 78 | Monster’s strength comes from constant product innovation that keeps its energy drink portfolio fresh, leveraging its Coca-Cola distribution partnership to scale globally, maintaining strict cost discipline to protect margins through inflation, and preserving a conservative balance sheet that gives flexibility to keep investing and expanding. |
| Microsoft Corp. | MSFT | Microsoft Corporation develops and supports software, services, devices, and solutions worldwide, providing products like Office, Windows, Azure, and Xbox to empower individuals and organizations. | 83% | 59% | 100% | 100% | 72% | 79 | Microsoft Corporation has outperformed in part because of smart strategic choices such as deepening its OpenAI partnership since 2019 for AI integrations like Copilot in Microsoft 365 and Azure, acquiring Activision Blizzard in October 2023 to bolster gaming subscriptions, scaling Azure infrastructure since 2020 for AI-driven cloud growth, launching Microsoft Fabric in 2023 as an analytics platform, and accelerating subscription models under CEO Satya Nadella. |
| Netflix | NFLX | Netflix, Inc. provides entertainment services as one of the world’s leading streaming platforms, offering TV series, films, and games to over 300 million paid members in 190 countries. | 100% | 92% | 93% | 100% | 100% | 97 | Netflix, Inc. has strategically boosted growth by launching a 2022 ad-supported tier and 2023 password-sharing crackdown to increase subscribers and ARPU, shifting to a disciplined content slate for margin gains, achieving over $6 billion in annual free cash flow for buybacks, partnering with Microsoft for ad-tech and expanding into gaming and live events, and maintaining leadership continuity with Reed Hastings’ 2023 transition and Co-CEOs Ted Sarandos and Greg Peters focusing on efficiency. |
| NVIDIA Corp. | NVDA | NVIDIA Corporation designs and manufactures advanced chips, systems, and software for AI, graphics, and computing, pioneering accelerated computing for various industries. | 94% | 100% | 100% | 97% | 97% | 97 | NVIDIA Corp., whose stock has surged to all-time highs around $181 as of August 2025 with a five-year total return exceeding 1,370%, has outperformed in part because of smart strategic choices such as the $7 billion acquisition of Mellanox in 2020 to enhance data center networking, launching Ampere (2020), Hopper (2022), and Blackwell (2024) architectures for AI dominance, attempting to acquire Arm in 2020 to spur internal CPU innovations like Grace, and massive R&D investments exceeding $8 billion annually. |
| New York Times | NYT | The New York Times Company publishes The New York Times and associated publications, dedicated to helping people understand the world through independent journalism. | 100% | 84% | 100% | 84% | 100% | 94 | New York Times Co. has outperformed in part because of smart strategic choices such as the $550 million acquisition of The Athletic in 2022 to lead in sports journalism, purchasing Wordle in 2022 to boost Games engagement with over 2 billion plays, aggressively promoting the All Access bundle to surpass $1 billion in digital subscription revenue, and acquiring Serial Productions in 2020 for audio diversification. |
| Pulte Group | PHM | PulteGroup, Inc. engages in the homebuilding business, acquiring and developing land for residential purposes and offering financial services through its subsidiaries. | 91% | 91% | 100% | 100% | 90% | 93 | PulteGroup, Inc., whose stock has delivered a robust five-year total return of 196.0% as of mid-2025 amid strong demand for affordable housing, has outperformed in part because of smart strategic choices such as acquiring Innovative Construction Group in 2021 for offsite manufacturing efficiency, authorizing $1 billion in share repurchases in 2023 to reduce shares by over 20%, expanding the Built to Honor program in 2020 for veteran housing, pivoting to entry-level buyers with 60% of closings affordable by 2024, and investing in AI-driven digital tools since 2022 to boost conversions by 15%. |
| Ferrari | RACE | Ferrari NV engages in the design, engineering, production, and sale of luxury performance sports cars worldwide, epitomizing the power of passion and achievement in creating timeless icons. | 88% | 88% | 100% | 100% | 100% | 94 | Ferrari N.V. has excelled due to strategic moves like appointing Benedetto Vigna as CEO in 2021 to accelerate electrification with hybrids like the SF90 Stradale, maintaining exclusivity through limited production and high-margin personalizations boosting 38.1% operating margins, and expanding brand licensing for lifestyle revenue. |
| RB Global | RBA | RB Global, Inc. operates a marketplace providing insights, services, and transaction solutions for buyers and sellers of commercial assets and vehicles worldwide. | 100% | 100% | 95% | 100% | 84% | 95 | RB Global, Inc. has outperformed in part because of smart strategic choices such as the $7.3 billion acquisition of IAA in 2023 to diversify into automotive salvage and boost gross transaction value by over 14%, accelerating digital platforms like IronPlanet for hybrid auctions increasing bidder participation by 20%, and investing in AI-driven analytics for enhanced inventory valuation and margins, as recognized by Forbes and Seeking Alpha analysts. |
| RBC Bearings | RBC | RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings and products for aerospace, industrial, and defense sectors. | 76% | 95% | 94% | 96% | 68% | 83 | RBC Bearings’ strategy centers on expanding beyond core bearings through the Dodge acquisition, deepening customer lock-in with higher-value subsystems, and building recurring aftermarket channels. Operational excellence, vertical integration, and disciplined pricing underpin margins, while deleveraging and selective bolt-ons keep capital allocation balanced. Long-cycle aerospace programs provide visibility and durability across cycles. |
| ResMed | RMD | ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software for diagnosing, treating, and managing respiratory disorders like sleep apnea. | 58% | 68% | 100% | 97% | 65% | 72 | ResMed Inc. has outperformed in part because of smart strategic choices such as the $750 million acquisition of MatrixCare in 2018 to bolster SaaS for out-of-hospital care contributing 12% to revenues, launching the AirSense 11 CPAP device in 2021 with cloud features driving 10% sales growth, and committing 6.5% of revenues to R&D for AI diagnostics and ventilators, as recognized by Seeking Alpha and Wall Street Journal analysts. |
| Rollins | ROL | Rollins, Inc. provides pest control services and protection against termite damage, rodents, and insects through its subsidiaries, serving residential and commercial customers globally. | 79% | 72% | 83% | 77% | 80% | 78 | Rollins’ strength stems from its steady acquisition strategy that expands both U.S. and international scale, its push into higher-margin commercial pest control, ongoing investments in digital tools to boost efficiency and customer engagement, and disciplined capital allocation that balances bolt-on growth with dividends and buybacks. |
| Sprouts Farmers Market | SFM | Sprouts Farmers Market, Inc. retails fresh, natural, and organic food products, operating as a specialty retailer with stores under one roof like a real farmers market. | 94% | 94% | 100% | 82% | 75% | 89 | Sprouts’ strong performance reflects its health-driven product mix, growing private-label penetration, rapid expansion of e-commerce and smaller-format stores, supply-chain efficiency improvements, and disciplined capital allocation—with minimal debt and steady buybacks supporting sustainable growth and shareholder value. |
| Teledyne Technologies | TDY | Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets, including aerospace and defense electronics, digital imaging products, and instrumentation. | 92% | 61% | 88% | 92% | 96% | 85 | Teledyne’s success has been anchored by its transformational FLIR acquisition, disciplined capital allocation through buybacks, bolt-on deals, and debt reduction, balanced exposure across defense, industrial, marine, and space markets, and sustained R&D investment in advanced sensors and imaging that reinforces its technological leadership. |
| T-Mobile US | TMUS | T-Mobile US, Inc. provides wireless communications services under the T-Mobile and MetroPCS brands, offering voice, messaging, and data services to postpaid, prepaid, and wholesale customers. | 85% | 70% | 73% | 67% | 80% | 76 | T-Mobile’s success has been fueled by its 5G-first strategy and the Sprint merger, which delivered spectrum depth and major cost synergies; expansion into fixed-wireless broadband, now reaching millions of households; consistent postpaid subscriber growth with industry-low churn; and disciplined capital returns of over $30 billion—all anchored by its disruptive “Un-carrier” brand. |
| Texas Roadhouse | TXRH | Texas Roadhouse, Inc. operates casual dining restaurants known for hand-cut steaks, fresh-baked bread, and made-from-scratch sides, with over 600 locations. | 67% | 91% | 63% | 42% | 91% | 76 | Texas Roadhouse’s success stems from its people-first culture and Managing Partner model, steady brand expansion across Roadhouse, Bubba’s 33, and Jaggers, operational innovations like Roadhouse Pay and digital kitchens, and a debt-free balance sheet that funds growth, dividends, and buybacks from strong cash flows |
| Urban Outfitters | URBN | Operates lifestyle specialty retail stores and digital platforms under Urban Outfitters, Anthropologie, and Free People brands. | 88% | 75% | 56% | 50% | 50% | 67 | Urban Outfitters’ strength comes from leaning into its fastest-growing banners—Anthropologie, Free People, and FP Movement—while scaling Nuuly into a meaningful digital subscription engine, improving merchandise margins through tighter assortments and pricing discipline, expanding selectively with new stores, and maintaining a debt-free balance sheet that funds both growth initiatives and resilience. |
| United Rentals | URI | United Rentals, Inc. operates as the largest equipment rental company in the world, providing rental services for construction and industrial equipment through an integrated network of locations. | 98% | 98% | 90% | 100% | 95% | 96 | United Rentals’ success has been powered by bold acquisitions like General Finance and Ahern Rentals that expanded specialty offerings, a pivot toward higher-margin niches such as power and HVAC rentals, digital tools like Total Control that lifted fleet utilization, and disciplined capital allocation that paired debt reduction with strong buybacks—all aligned with long-term infrastructure and reshoring demand. |
| Visa Inc. | V | Visa Inc. operates as a payment technology company facilitating transactions through VisaNet, a global processing network for credit, debit, prepaid, and commercial payments. | 62% | 60% | 100% | 100% | 73% | 74 | Visa’s strategy has centered on expanding its global payments network, deepening partnerships with banks, fintechs, and merchants, and investing heavily in technology such as tokenization, fraud prevention, and real-time payments. Acquisitions like Tink (open banking) and Currencycloud (cross-border FX) have strengthened its digital ecosystem, while disciplined capital allocation—balancing reinvestment, dividends, and buybacks—has supported steady growth and resilience. |
| Veeva Systems | VEEV | Veeva Systems Inc. provides cloud-based software for the global life sciences industry, offering solutions for data management, regulatory compliance, and customer engagement. | 80% | 75% | 100% | 86% | 100% | 87 | Veeva’s success has been powered by its bold diversification beyond CRM into the Vault platform, the pioneering move to become a Public Benefit Corporation that deepened trust with life sciences clients, global expansion into new markets and customer segments, consistent double-digit R&D investment that fueled AI-driven innovation, and disciplined financial management with no debt and industry-leading margins—all aligned with the sector’s digital transformation and regulatory demands. |
| Williams-Sonoma | WSM | Williams-Sonoma, Inc. operates as a multi-channel specialty retailer of high-quality home products, including cooking, dining, and entertaining items through brands like Pottery Barn and West Elm. | 90% | 90% | 100% | 100% | 100% | 95 | Williams-Sonoma’s success has been driven by its digital-first omni-channel model that blends e-commerce scale with curated stores, relentless focus on profitability through full-price selling and supply-chain efficiency, disciplined expansion of its brand portfolio into new categories, consistent delivery of positive comps and industry-leading margins even in a soft housing market, and a debt-free balance sheet that enabled both strategic investment and shareholder returns. |
| Zoetis | ZTS | Zoetis Inc. engages in the discovery, development, manufacture, and commercialization of animal health medicines, vaccines, and diagnostic products for companion animals and livestock. | 78% | 67% | 82% | 83% | 78% | 76 | Zoetis’ growth has been powered by breakthrough monoclonal antibody launches for pet osteoarthritis, major biologics manufacturing expansions, AI-enabled diagnostics and R&D acceleration, strong execution in dermatology and parasiticides, and disciplined capital allocation that balanced dividends, buybacks, and pipeline investment. |