Quality

Highest return on equity Consumer Cyclical 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: PDD (PDD) 162.6%; Trip.com Group Ltd ADR (TCOM) 74.7%; Boyd Gaming (BYD) 72.7%.

The median roe across these 50 companies is 24.5%.

#CompanyROEROADebt/equityNet marginMarket cap
1 PDD Holdings Inc.PDD 162.6%61.6%1.64x22.7%$113.2B
2 Trip.com Group Ltd ADRTCOM 74.7%28.0%1.24x53.3%$22.9B
3 Boyd Gaming CorporationBYD 72.7%27.2%1.67x44.3%$5.0B
4 Atour Lifestyle Holdings Limited American Depositary SharesATAT 69.4%24.0%1.90x16.6%$4.7B
5 CarGurusCARG 66.5%31.7%1.10x18.2%$2.4B
6 TriMas CorporationTRS 62.8%40.3%0.56x136.2%$1.3B
7 Williams-Sonoma IncWSM 55.1%21.4%1.57x14.7%$28.4B
8 Ulta Beauty IncULTA 45.8%17.4%1.63x9.3%$24.4B
9 Buckle IncBKE 45.2%20.2%1.24x16.6%$2.2B
10 LuxExperience B.V.LUXE 44.8%25.6%0.75x45.1%$1.3B
11 Deckers Outdoor CorporationDECK 44.1%26.2%0.68x18.4%$11.7B
12 Ferrari NVRACE 40.9%16.6%1.46x22.4%$68.0B
13 Abercrombie & Fitch CompanyANF 39.6%14.9%1.64x10.0%$6.3B
14 Ross Stores IncROST 39.4%16.6%1.37x10.8%$72.2B
15 Miniso Group Holding LtdMNSO 37.2%23.2%0.60x15.4%$2.8B
16 Rollins IncROL 37.2%15.8%1.35x13.6%$15.5B
17 Ralph Lauren Corp Class ARL 36.1%12.8%1.81x11.8%$22.4B
18 NVR IncNVR 33.7%20.9%0.61x12.0%$16.1B
19 Dillard's, Inc.DDS 32.1%18.2%0.77x10.5%$10.3B
20 Lululemon Athletica Inc.LULU 29.6%16.7%0.77x12.8%$11.1B
21 YETI Holdings IncYETI 29.3%13.7%1.14x9.2%$3.5B
22 Texas Roadhouse IncTXRH 26.5%11.2%1.34x6.6%$10.5B
23 Five Below IncFIVE 25.0%11.7%1.13x11.7%$12.1B
24 SharkNinja, Inc.SN 24.7%12.5%0.97x11.0%$28.5B
25 Amazon.com IncAMZN 24.5%12.3%0.99x17.4%$2.76T
26 Levi Strauss & Co Class ALEVI 24.4%8.5%1.87x8.8%$7.0B
27 JD.com Inc AdrJD 24.0%7.6%1.94x1.5%$35.1B
28 Acushnet Holdings CorpGOLF 23.8%8.5%1.78x8.1%$4.8B
29 Interface IncTILE 21.5%11.5%0.87x10.1%$2.1B
30 Maplebear Inc.CART 20.7%13.7%0.43x12.0%$11.2B
31 Toyota Motor Corporation ADRTM 20.4%7.7%1.62x9.9%$239.7B
32 Nike IncNKE 20.3%8.2%1.48x6.7%$51.5B
33 SGHC LimitedSGHC 20.3%10.7%0.89x6.7%$6.0B
34 Urban Outfitters IncURBN 19.9%11.1%0.79x8.8%$7.6B
35 Monarch Casino & Resort IncMCRI 19.9%15.1%0.32x19.6%$2.0B
36 American Eagle Outfitters IncAEO 19.1%7.9%1.43x5.9%$3.0B
37 Carter’s IncCRI 19.0%7.1%1.66x6.5%$1.2B
38 Caseys General Stores IncCASY 18.9%8.5%1.23x4.1%$23.0B
39 Yum China Holdings IncYUMC 18.2%9.0%0.90x7.8%$14.6B
40 Academy Sports Outdoors IncASO 18.2%7.2%1.53x6.4%$3.5B
41 Xpel IncXPEL 17.9%11.6%0.50x10.8%$1.3B
42 Boot Barn Holdings IncBOOT 17.9%9.4%0.89x10.3%$3.6B
43 Vipshop Holdings LimitedVIPS 17.7%9.2%0.84x6.8%$5.8B
44 Cavco Industries IncCVCO 16.3%11.8%0.39x7.9%$4.1B
45 Gentex CorporationGNTX 16.0%13.6%0.18x15.5%$4.5B
46 Chagee Holdings Limited American Depositary SharesCHA 15.9%10.2%0.53x9.1%$2.1B
47 Steven Madden LtdSHOO 15.4%7.9%0.92x5.3%$3.2B
48 Packaging Corp of AmericaPKG 14.8%6.3%1.36x7.2%$19.5B
49 LCI IndustriesLCII 14.8%6.5%1.28x5.2%$1.9B
50 Green Brick Partners IncGRBK 14.8%11.2%0.28x14.7%$2.7B

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.

Questions

Which company ranks first on the highest return on equity consumer cyclical stocks list?

PDD (PDD), with a roe of 162.6%, 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.