Quality

Highest return on equity Consumer Defensive 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: National Beverage (FIZZ) 47.6%; Sprouts Farmers Market LLC (SFM) 33.5%; Grand Canyon Education (LOPE) 33.5%.

The median roe across these 50 companies is 15.6%.

#CompanyROEROADebt/equityNet marginMarket cap
1 National Beverage CorpFIZZ 47.6%30.0%0.58x14.8%$2.8B
2 Sprouts Farmers Market LLCSFM 33.5%11.6%1.89x5.6%$6.2B
3 Grand Canyon Education IncLOPE 33.5%24.4%0.37x19.6%$4.2B
4 Procter & Gamble CompanyPG 29.5%12.7%1.33x18.4%$349.8B
5 Coca-Cola European Partners PLCCCEP 28.4%10.4%1.73x9.3%$45.1B
6 Laureate Education IncLAUR 28.2%13.3%1.12x17.6%$5.6B
7 Vita Coco Company IncCOCO 27.3%19.1%0.43x15.5%$3.5B
8 Costco Wholesale CorpCOST 25.8%10.4%1.49x3.0%$426.6B
9 Embotelladora Andina S.AAKO-A 23.2%7.9%1.92x8.0%$3.9B
10 Monster Beverage CorpMNST 22.7%18.7%0.22x23.1%$42.9B
11 Walmart Inc.WMT 22.5%7.5%1.93x3.0%$819.2B
12 Constellation Brands Inc Class ASTZ 22.4%8.7%1.54x20.9%$22.7B
13 McCormick & Company IncorporatedMKC 21.3%8.9%1.29x19.4%$12.5B
14 Stride IncLRN 20.7%13.9%0.49x13.4%$3.6B
15 Coca-Cola Femsa SAB de CV ADRKOF 19.3%9.2%1.04x8.5%$23.0B
16 Inter Parfums IncIPAR 19.3%11.3%0.46x11.2%$3.7B
17 The Marzetti CompanyMZTI 18.2%11.9%0.52x9.9%$2.7B
18 Brown-Forman CorporationBF-B 18.2%9.2%0.97x18.4%$12.2B
19 Ambev SA ADRABEV 17.6%10.7%0.64x17.6%$49.4B
20 Covista Inc.CVSA 17.4%8.3%1.08x12.9%$4.4B
21 Perdoceo Education CorpPRDO 17.1%13.3%0.29x20.6%$2.0B
22 Church & Dwight Company IncCHD 17.1%8.2%1.09x12.0%$23.0B
23 British American Tobacco p.l.c.BTI 16.9%7.1%1.33x30.3%$119.6B
24 Freshpet IncFRPT 16.4%11.2%0.46x17.3%$3.2B
25 Kenvue Inc.KVUE 15.7%6.2%1.53x10.8%$34.2B
26 Afya LtdAFYA 15.5%8.0%0.92x20.4%$1.3B
27 Smithfield Foods, Inc. Common StockSFD 15.1%8.8%0.72x6.8%$7.7B
28 Pilgrims Pride CorpPPC 14.6%5.4%1.67x3.0%$7.0B
29 Ollie's Bargain Outlet HldgOLLI 14.4%9.0%0.60x9.8%$5.6B
30 TAL Education GroupTAL 14.1%8.9%0.57x17.6%$7.2B
31 Fomento Economico MexicanoFMX 13.5%4.7%1.58x5.2%$40.3B
32 The Andersons IncANDE 13.4%5.1%1.61x1.6%$2.2B
33 Ingredion IncorporatedINGR 13.1%7.3%0.77x8.2%$5.7B
34 New Oriental Education & TechnologyEDU 11.9%5.4%1.12x8.4%$9.4B
35 Compania Cervecerias Unidas SA ADRCCU 11.6%4.4%1.52x6.1%$1.9B
36 PriceSmart IncPSMT 11.5%6.4%0.81x2.8%$5.5B
37 Graham Holdings CoGHC 11.4%6.7%0.70x—$5.0B
38 Darling Ingredients IncDAR 11.4%5.4%1.08x9.1%$9.6B
39 Celsius Holdings IncCELH 10.8%2.5%1.84x4.2%$7.9B
40 Mondelez International IncMDLZ 10.1%3.7%1.76x6.6%$77.3B
41 Tootsie Roll Industries IncTR 10.0%7.5%0.33x13.0%$2.8B
42 Universal Technical Institute IncUTI 10.0%3.8%1.61x3.9%$1.1B
43 Turning Point Brands IncTPB 9.8%5.2%0.88x8.8%$1.1B
44 Central Garden & Pet CompanyCENT 9.5%4.4%1.17x5.4%$2.5B
45 Strategic Education IncSTRA 8.2%6.5%0.27x10.5%$1.9B
46 Anheuser Busch Inbev NV ADRBUD 7.8%3.1%1.39x11.5%$151.1B
47 Archer-Daniels-Midland CompanyADM 7.5%3.3%1.27x2.2%$37.3B
48 Weis Markets IncWMK 7.2%4.9%0.47x2.0%$1.9B
49 Adecoagro SAAGRO 6.7%2.5%1.61x6.1%$1.4B
50 Ingles Markets IncorporatedIMKTA 6.2%4.0%0.56x1.9%$1.7B

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 defensive stocks list?

National Beverage (FIZZ), with a roe of 47.6%, 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.