Highest return on equity Communication Services stocks
Net income as a share of shareholders' equity, for companies worth over $1 billion with debt under twice equity (heavy debt inflates ROE).
Top of the list: Applovin (APP) 139.4%; Netflix (NFLX) 45.3%; Array Digital Infrastructure (AD) 42.3%.
The median roe across these 50 companies is 12.0%.
| # | Company | ROE | ROA | Debt/equity | Net margin | Market cap |
|---|---|---|---|---|---|---|
| 1 | Applovin CorpAPP | 139.4% | 53.3% | 1.61x | 64.6% | $102.8B |
| 2 | Netflix IncNFLX | 45.3% | 23.4% | 0.94x | 28.2% | $302.0B |
| 3 | Array Digital Infrastructure, Inc.AD | 42.3% | 15.9% | 1.66x | 250.8% | $2.8B |
| 4 | Alphabet Inc Class AGOOGL | 38.1% | 26.5% | 0.44x | 54.8% | $4.20T |
| 5 | Alphabet Inc Class CGOOG | 38.1% | 26.5% | 0.44x | 54.8% | $4.15T |
| 6 | JOYY IncJOYY | 32.1% | 27.8% | 0.15x | 98.8% | $3.9B |
| 7 | Ziff Davis IncZD | 28.8% | 16.1% | 0.79x | 48.6% | $2.1B |
| 8 | Spotify Technology SASPOT | 26.6% | 14.7% | 0.80x | 12.9% | $111.5B |
| 9 | Reddit, Inc.RDDT | 26.5% | 23.9% | 0.11x | 31.4% | $31.8B |
| 10 | Meta Platforms Inc.META | 26.1% | 15.1% | 0.72x | 29.8% | $1.78T |
| 11 | Kanzhun Ltd ADRBZ | 23.5% | 18.4% | 0.27x | 33.1% | $6.8B |
| 12 | Anterix IncATEX | 23.0% | 13.2% | 0.74x | 933.0% | $1.6B |
| 13 | IDT CorporationIDT | 23.0% | 11.3% | 0.94x | 6.7% | $2.1B |
| 14 | NetEase IncNTES | 21.1% | 15.2% | 0.35x | 30.0% | $76.0B |
| 15 | New York Times CompanyNYT | 19.2% | 13.2% | 0.46x | 13.2% | $10.4B |
| 16 | TIM Participacoes SATIMB | 18.0% | 7.6% | 1.37x | 16.2% | $8.5B |
| 17 | Upwork IncUPWK | 16.7% | 8.0% | 1.08x | 12.9% | $1.1B |
| 18 | Telkom Indonesia (Persero) Tbk PT ADR Rep 100 BTLK | 16.6% | 7.9% | 0.97x | — | $12.9B |
| 19 | Trade Desk IncTTD | 15.8% | 7.1% | 1.24x | 13.6% | $5.9B |
| 20 | Fox Corp Class AFOXA | 14.5% | 7.5% | 0.92x | 9.8% | $25.3B |
| 21 | Fox Corp Class BFOX | 14.5% | 7.5% | 0.92x | 9.8% | $22.9B |
| 22 | Weibo CorpWB | 13.2% | 6.2% | 1.11x | 25.6% | $1.5B |
| 23 | TaboolaTBLA | 12.7% | 7.7% | 0.65x | 6.0% | $1.0B |
| 24 | Roku IncROKU | 12.6% | 7.8% | 0.62x | 6.8% | $22.1B |
| 25 | Comcast CorpCMCSA | 12.5% | 4.3% | 1.87x | 9.0% | $74.3B |
| 26 | Imax CorpIMAX | 11.5% | 4.5% | 1.31x | 9.8% | $2.8B |
| 27 | Versant Media Group, Inc.VSNT | 11.5% | 7.3% | 0.56x | 13.9% | $4.7B |
| 28 | Opera LtdOPRA | 10.7% | 9.5% | 0.13x | 17.6% | $1.5B |
| 29 | SK Telecom Co Ltd ADRSKM | 10.7% | 4.1% | 1.60x | 7.0% | $12.3B |
| 30 | Tencent Music Entertainment GroupTME | 9.8% | 7.3% | 0.31x | 23.4% | $13.4B |
| 31 | Chunghwa Telecom Co LtdCHT | 9.7% | 7.0% | 0.36x | 16.2% | $35.5B |
| 32 | Kyivstar Group Ltd. Common SharesKYIV | 9.6% | 5.8% | 0.63x | 10.7% | $2.7B |
| 33 | Pearson PLC ADRPSO | 9.2% | 5.2% | 0.77x | 9.4% | $10.5B |
| 34 | Telefonica Brasil SA ADRVIV | 9.0% | 4.8% | 0.86x | — | $19.6B |
| 35 | Pinterest IncPINS | 8.6% | 5.2% | 0.64x | 5.5% | $11.1B |
| 36 | Bilibili IncBILI | 7.8% | 2.9% | 1.75x | 3.9% | $5.3B |
| 37 | Walt Disney CompanyDIS | 7.8% | 4.2% | 0.80x | 8.7% | $183.7B |
| 38 | Sirius XM Holding IncSIRI | 7.4% | 3.2% | 1.28x | 10.2% | $8.8B |
| 39 | News Corp BNWS | 6.7% | 3.7% | 0.74x | 6.3% | $17.2B |
| 40 | News Corp ANWSA | 6.7% | 3.7% | 0.74x | 6.3% | $15.7B |
| 41 | Autohome IncATHM | 6.3% | 5.1% | 0.17x | 22.4% | $2.1B |
| 42 | DoubleVerify Holdings IncDV | 5.4% | 4.5% | 0.20x | 7.7% | $2.2B |
| 43 | Liberty Media Corporation Series A Liberty Formula One Common StockFWONA | 5.4% | 2.6% | 0.98x | 9.4% | $21.2B |
| 44 | Baidu IncBIDU | 3.4% | 1.9% | 0.75x | 4.3% | $26.1B |
| 45 | KT CorporationKT | 2.8% | 1.1% | 1.49x | 1.7% | $8.0B |
| 46 | Nebius Group N.V.NBIS | 1.8% | 0.66% | 1.71x | 15.6% | $51.9B |
| 47 | Zillow Group Inc Class CZ | 1.3% | 1.0% | 0.23x | 2.0% | $6.2B |
| 48 | Telecom Argentina SA ADRTEO | -2.5% | -1.0% | 1.40x | -2.0% | $5.3B |
| 49 | Sphere Entertainment Co.SPHR | -3.2% | -1.7% | 0.81x | -5.2% | $3.7B |
| 50 | Vodafone Group PLC ADRVOD | -7.9% | -3.2% | 1.41x | -11.1% | $38.7B |
Ranked from each company's latest price and reported results. Companies need a page on Investingly (SEC statements on file). Open any company for its reverse DCF, insider buying and 13F holders.
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Questions
Which company ranks first on the highest return on equity communication services stocks list?
Applovin (APP), with a roe of 139.4%, as of October 12, 2026.
How is this list built?
Net income as a share of shareholders' equity, for companies worth over $1 billion with debt under twice equity (heavy debt inflates ROE). It shows the top 50 and is rebuilt every day.
Prices and ratios as of Oct 11, 2026. Statements from SEC filings. Information only, not investment advice.