CompaniesRanked

2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Largest industrials companies by shareholders' equity

Shareholders' equity is what remains after subtracting liabilities from assets — the accounting book value of the company, not its market value. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 454 · Fiscal year 2025 · Data as of September 25, 2026

RTX (RTX) tops the list with $65.2B in shareholders' equity for fiscal 2025, ahead of Brookfield Infrastructure Partners ($35.5B) and Canadian Pacific Kansas City ($33.5B). The top 10 together report $314B in shareholders' equity; the gap between #1 and #10 is ×2.97. 454 companies in Industrials report shareholders' equity, 17.5% of the 2599-filer universe. The last place on the list, Jacobs Solutions, comes in at $3.4B.

Shareholders' equity
#CompanyShareholders' equityYoY15-year trend
1RTXRTXUS$65.2B+8.5%
2Brookfield Infrastructure PartnersBIPHBM$35.5B+19.1%
3Canadian Pacific Kansas CityCPCA$33.5B+0.7%
4S&P GlobalSPGIUS$31.1B−6.1%
5FedExFDXUS$28.1B+6.3%
6DeereDEUS$26.3B+17.0%
7General DynamicsGDUS$25.6B+16.1%
8Horton D RDHIUS$24.0B−3.8%
9ASML HoldingASMLNL$23.0B+20.1%
10LennarLENUS$22.0B−21.2%
11CaterpillarCATUS$21.3B+9.4%
12Delta Air LinesDALUS$20.9B+36.4%
13EatonETNIE$19.4B+5.1%
14Union PacificUNPUS$18.5B+9.3%
15Aercap HoldingsAERIE$18.3B+6.6%
16Northrop GrummanNOCUS$16.7B+9.1%
17United Parcel ServiceUPSUS$16.2B−2.9%
18Canadian National RailwayCNICA$15.8B+7.7%
19Norfolk SouthernNSCUS$15.5B+8.7%
20Brookfield Business PartnersBBUCBM$15.3B−11.5%
21United AirlinesUALUS$15.3B+20.6%
22Parker-HannifinPHUS$14.3B+9.1%
23Carrier GlobalCARRUS$14.1B−1.9%
24Honeywell InternationalHONUS$13.9B−25.3%
25Johnson Controls InternationalJCIIE$13.2B−17.0%
26CSXCSXUS$13.2B+5.2%
27TE ConnectivityTELIE$13.0B+4.7%
28PulteGroupPHMUS$13.0B+7.1%
29SeaSESG$12.5B+49.6%
30CumminsCMIUS$12.3B+20.2%
31CarnivalCCLUS$12.3B+32.6%
32XylemXYLUS$11.5B+7.9%
33CHSCHSCPUS$11.2B+3.6%
34Westinghouse Air Brake TechnologiesWABUS$11.1B+10.4%
35Teledyne TechnologiesTDYUS$10.5B+10.1%
36Lam ResearchLRCXUS$10.1B+15.2%
37Ingersoll RandIRUS$10.1B−0.9%
38Royal Caribbean CruisesRCLUS$10.0B+32.7%
39QxoQXOUS$9.7B+92.1%
40ZTO Express (Cayman)ZTOCN$9.5B+11.6%
41Stanley Black & DeckerSWKUS$9.1B+3.8%
42GarminGRMNCH$9.0B+14.3%
43United RentalsURIUS$9.0B+4.0%
44Quanta ServicesPWRUS$8.9B+22.1%
45TD SynnexSNXUS$8.5B+5.2%
46Toll BrothersTOLUS$8.4B+7.9%
47AirbnbABNBUS$8.2B−2.5%
48Southwest AirlinesLUVUS$8.0B−22.9%
49TextronTXTUS$7.9B+9.3%
50CNH IndustrialCNHGB$7.8B+0.8%
51Sunbelt RentalsSUNBUS$7.6B−2.0%
52DoverDOVUS$7.4B+6.5%
53RelianceRSUS$7.2B−0.7%
54Knight-Swift TransportationKNXUS$7.1B−0.4%
55FerrovialFERNL$6.9B+10.0%
56Regal RexnordRRXUS$6.8B+9.3%
57Lockheed MartinLMTUS$6.7B+6.1%
58Arrow ElectronicsARWUS$6.6B+14.3%
59LKQLKQUS$6.5B+8.6%
60Taylor Morrison HomeTMHCUS$6.3B+7.3%
61Snap-OnSNAUS$5.9B+10.0%
62Ferguson EnterprisesFERGUS$5.9B+6.7%
63West Fraser TimberWFGCA$5.8B−15.9%
64Rentokil InitialRTOGB$5.5B+3.8%
65BoeingBAUS$5.5B+$9.4B
66BallBALLUS$5.4B−7.5%
67SeaboardSEBUS$5.2B+10.2%
68Huntington Ingalls IndustriesHIIUS$5.1B+8.7%
69Wesco InternationalWCCUS$5.0B+1.2%
70AvnetAVTUS$4.9B+1.9%
71Performance FoodPFGCUS$4.6B+9.2%
72EquifaxEFXUS$4.6B−4.0%
73HeicoHEIUS$4.5B+20.2%
74JBT MarelJBTMUS$4.5B+189.1%
75TransunionTRUUS$4.4B+5.3%
76Genuine PartsGPCUS$4.4B+2.0%
77Old Dominion Freight LineODFLUS$4.3B+1.6%
78US FoodsUSFDUS$4.3B−4.9%
79AgcoAGCOUS$4.3B+14.2%
80Ingram MicroINGMUS$4.2B+13.8%
81AerovironmentAVAVUS$4.2B+386.0%
82Elbit SystemsESLTIL$4.1B+26.0%
83Alaska AirALKUS$4.1B−5.8%
84IttITTUS$4.1B+47.0%
85MoodysMCOUS$4.1B+13.7%
86IdexIEXUS$4.0B+6.1%
87Zim Integrated Shipping ServicesZIMIL$4.0B−0.4%
88KB HomeKBHUS$3.9B−3.9%
89PaychexPAYXUS$3.9B−1.2%
90PentairPNRGB$3.9B+8.6%
91NVRNVRUS$3.9B−8.2%
92DanaosDACGR$3.8B+10.8%
93ADTADTUS$3.8B−0.6%
94W.W. GraingerGWWUS$3.7B+11.3%
95Nvent ElectricNVTUS$3.7B+15.2%
96Emcor GroupEMEUS$3.7B+25.1%
97Zebra TechnologiesZBRAUS$3.6B+0.1%
98Hunt J B Transport ServicesJBHTUS$3.6B−11.2%
99EmbraerEMBJBR$3.4B+12.0%
100Jacobs SolutionsJUS$3.4B−18.1%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Largest industrials companies by shareholders' equity |url=https://companiesranked.com/en/largest-industrial-companies-by-shareholders-equity |website=CompaniesRanked |date=2026-09-25 |language=en}}

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@misc{companiesranked-en-largest-industrial-companies-by-shareholders-equity-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest industrials companies by shareholders' equity}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-industrial-companies-by-shareholders-equity}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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