Top 10 Debt-Free Large Cap Stocks in the US — Top 50 List
Of the 681 large cap companies in the US on PositoAI, 54 report no debt (banks and lenders left out). First on the list is Watsco, Inc. (Positivity Score 24,447). 54 of them have lease obligations (offices, buildings and similar) but no borrowings; the rest have neither. 1 of the top 10 has an active red or yellow flag.
| # | Company | Score | Market Cap (INR Cr) / USD |
P/E | P/B | Owes vs Owns |
Leases | ROE | Div Yield |
Flag | Sector |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Watsco, Inc.WSO | 24,447 | ₹1,10,662$11.72B | 24.4 | 3.92 | 0.32× | $479M | 16.7% | 4.59% | — | Industrials |
| 2 | Copart, Inc.CPRT | 21,583 | ₹2,54,354$26.95B | 18.8 | 3.07 | 0.09× | $104M | 16.2% | 0 | — | Industrials |
| 3 | Cerebras Systems Inc.CBRS | 21,377 | ₹2,44,285$25.88B | Loss | 2.83 | 0.21× | $262M | — | 0 | — | Technology |
| 4 | Align Technology, Inc.ALGN | 21,005 | ₹1,04,277$11.05B | 27.0 | 2.61 | 0.34× | $114M | 10.2% | 0 | — | Healthcare |
| 5 | Globus Medical, Inc.GMED | 20,804 | ₹1,03,488$10.96B | 20.9 | 2.30 | 0.13× | $119M | 11.8% | 0 | — | Healthcare |
| 6 | Zoom Communications, Inc.ZM | 20,561 | ₹2,64,951$28.07B | 8.9 | 2.48 | 0.17× | $58M | 32.1% | 0 | — | Technology |
| 7 | Mueller Industries, Inc.MLI | 20,530 | ₹1,13,844$12.06B | 14.0 | 3.40 | 0.16× | $27M | 26.3% | 1.22% | — | Industrials |
| 8 | Pinterest, Inc.PINS | 20,091 | ₹1,22,571$12.99B | 67.4 | 4.49 | 0.39× | $262M | 6.5% | 0 | — | Communication Services |
| 9 | IonQ, Inc.IONQ | 19,989 | ₹1,19,159$12.62B | Loss | 3.79 | 0.51× | $30M | -60.5% | 0 | — | Technology |
| 10 | Neurocrine Biosciences, Inc.NBIX | 19,975 | ₹1,37,483$14.57B | 21.0 | 3.94 | 0.31× | $415M | 22.1% | 0 | ⚑ | Healthcare |
Top 20 | |||||||||||
| 11 | Deckers Outdoor CorporationDECK | 19,801 | ₹1,09,621$11.61B | 12.1 | 5.05 | 0.41× | $375M | 42.6% | 0 | — | Consumer Cyclical |
| 12 | Incyte CorporationINCY | 19,776 | ₹2,23,719$23.70B | 14.9 | 3.74 | 0.19× | $40M | 30.7% | 0 | — | Healthcare |
| 13 | The New York Times CompanyNYT | 19,586 | ₹1,05,682$11.20B | 28.9 | 5.47 | 0.31× | $37M | 19.7% | 1.34% | ⚑ | Communication Services |
| 14 | HubSpot, Inc.HUBS | 19,099 | ₹1,29,104$13.68B | 95.4 | 8.26 | 0.53× | $262M | 7.9% | 0 | — | Technology |
| 15 | EMCOR Group, Inc.EME | 18,834 | ₹2,74,966$29.13B | 20.6 | 7.14 | 0.60× | $468M | 40.4% | 0.23% | — | Industrials |
| 16 | SailPoint, Inc.SAIL | 18,820 | ₹1,08,100$11.45B | Loss | 1.67 | 0.10× | $18M | -2.9% | 0 | — | Technology |
| 17 | Maplebear Inc.CART | 18,754 | ₹1,15,774$12.27B | 28.2 | 5.28 | 0.34× | $36M | 16.0% | 0 | ⚑ | Consumer Cyclical |
| 18 | Reddit, Inc.RDDT | 18,734 | ₹2,72,879$28.91B | 34.9 | 8.80 | 0.10× | $23M | 30.7% | 0 | — | Communication Services |
| 19 | Five Below, Inc.FIVE | 18,431 | ₹1,17,375$12.44B | 20.2 | 5.02 | 0.53× | $2,032M | 28.2% | 0 | — | Consumer Cyclical |
| 20 | F5, Inc.FFIV | 17,957 | ₹2,40,571$25.49B | 35.9 | 6.61 | 0.44× | $262M | 19.8% | 0 | — | Technology |
Top 50 | |||||||||||
| 21 | Chime Financial, Inc.CHYM | 17,835 | ₹1,07,776$11.42B | 34.3 | 8.13 | 0.30× | $135M | -1.3% | 0 | — | Technology |
| 22 | Veeva Systems Inc.VEEV | 17,810 | ₹4,92,943$52.22B | 52.9 | 7.03 | 0.18× | $96M | 14.4% | 0 | — | Healthcare |
| 23 | Vertex Pharmaceuticals IncorporatedVRTX | 17,754 | ₹12,80,361$135.64B | 31.0 | 6.70 | 0.26× | $2,030M | 23.5% | 0 | — | Healthcare |
| 24 | Texas Roadhouse, Inc.TXRH | 17,668 | ₹1,07,052$11.34B | 27.6 | 7.28 | 0.57× | $974M | 27.7% | 1.79% | — | Consumer Cyclical |
| 25 | Sandisk CorporationSNDK | 17,545 | ₹17,20,170$182.24B | 17.1 | 11.58 | 0.30× | $177M | 91.6% | 0 | — | Technology |
| 26 | Figma, Inc.FIG | 17,492 | ₹1,21,250$12.85B | Loss | 8.69 | 0.37× | $58M | -108.6% | 0 | — | Technology |
| 27 | Dynatrace, Inc.DT | 17,300 | ₹1,73,601$18.39B | 126.7 | 7.50 | 0.40× | $164M | 5.9% | 0 | — | Technology |
| 28 | Penumbra, Inc.PEN | 17,233 | ₹1,20,820$12.80B | 79.8 | 8.36 | 0.22× | $220M | 11.4% | 0 | — | Healthcare |
| 29 | Toast, Inc.TOST | 17,143 | ₹1,82,332$19.32B | 42.3 | 9.45 | 0.36× | $20M | 25.2% | 0 | ⚑ | Technology |
| 30 | MongoDB, Inc.MDB | 16,866 | ₹2,75,013$29.14B | 503.1 | 9.78 | 0.21× | $33M | 2.0% | 0 | — | Technology |
| 31 | Exelixis, Inc.EXEL | 16,589 | ₹1,52,749$16.18B | 20.6 | 8.78 | 0.26× | $173M | 44.4% | 0 | — | Healthcare |
| 32 | Roku, Inc.ROKU | 16,582 | ₹2,24,372$23.77B | 68.1 | 8.42 | 0.38× | $523M | 13.1% | 0 | — | Communication Services |
| 33 | DocuSign, Inc.DOCU | 16,329 | ₹1,48,915$15.78B | 51.5 | 9.18 | 0.57× | $185M | 17.8% | 0 | — | Technology |
| 34 | Texas Pacific Land CorporationTPL | 16,033 | ₹2,17,238$23.01B | 42.6 | 13.76 | 0.10× | $16M | 36.6% | 0.70% | — | Energy |
| 35 | SiTime CorporationSITM | 14,985 | ₹1,30,835$13.86B | 826.3 | 13.52 | 0.59× | $4M | 1.3% | 0 | — | Technology |
| 36 | Expeditors International of Washington, Inc.EXPD | 14,822 | ₹2,40,723$25.50B | 28.6 | 12.04 | 0.59× | $571M | 42.7% | 0.82% | — | Industrials |
| 37 | Monolithic Power Systems, Inc.MPWR | 14,694 | ₹5,41,761$57.40B | 71.0 | 14.73 | 0.17× | $20M | 22.0% | 0.62% | ⚑ | Technology |
| 38 | Summit Therapeutics Inc.SMMT | 14,676 | ₹1,17,091$12.41B | Loss | 19.69 | 0.16× | $21M | -192.5% | 0 | — | Healthcare |
| 39 | Ubiquiti Inc.UI | 14,404 | ₹3,40,296$36.05B | 37.6 | 25.03 | 0.34× | $80M | 91.1% | 0.66% | — | Technology |
| 40 | Lattice Semiconductor CorporationLSCC | 13,827 | ₹1,29,237$13.69B | 385.6 | 17.39 | 0.19× | $42M | 4.9% | 0 | — | Technology |
| 41 | Corcept Therapeutics IncorporatedCORT | 13,721 | ₹1,09,687$11.62B | 238.9 | 16.46 | 0.21× | $6M | 8.2% | 0 | — | Healthcare |
| 42 | JFrog Ltd.FROG | 13,641 | ₹1,09,273$11.58B | Loss | 12.05 | 0.35× | $12M | -4.9% | 0 | — | Technology |
| 43 | Samsara Inc.IOT | 13,181 | ₹2,41,997$25.64B | 312.7 | 16.00 | 0.42× | $73M | 6.4% | 0 | — | Technology |
| 44 | Williams-Sonoma, Inc.WSM | 13,035 | ₹2,89,938$30.72B | 26.7 | 14.35 | 0.61× | $1,457M | 55.0% | 1.20% | ⚑ | Consumer Cyclical |
| 45 | Chipotle Mexican Grill, Inc.CMG | 12,111 | ₹3,36,114$35.61B | 25.8 | 16.19 | 0.75× | $5,076M | 49.6% | 0 | — | Consumer Cyclical |
| 46 | Revolution Medicines, Inc.RVMD | 11,695 | ₹3,79,722$40.23B | Loss | 15.44 | 0.40× | $159M | -79.1% | 0 | — | Healthcare |
| 47 | Glaukos CorporationGKOS | 11,685 | ₹98,372$10.42B | Loss | 15.27 | 0.26× | $104M | -26.0% | 0 | — | Healthcare |
| 48 | Astera Labs, Inc.ALAB | 10,720 | ₹4,22,190$44.73B | 127.0 | 25.92 | 0.11× | $4M | 25.8% | 0 | — | Technology |
| 49 | Paycom Software, Inc.PAYC | 9,077 | ₹1,15,977$12.29B | 28.8 | 21.50 | 0.89× | $90M | 41.1% | 0.57% | — | Technology |
| 50 | Everpure, Inc.P | 8,912 | ₹3,81,217$40.39B | 166.0 | 26.21 | 0.70× | $217M | 17.7% | 0 | — | Technology |
Debt free in other groups · United States
Debt free in other countries
Questions
Which large cap companies in the US have no debt?
The first five on PositoAI's list are Watsco, Inc. (24,447), Copart, Inc. (21,583), Cerebras Systems Inc. (21,377), Align Technology, Inc. (21,005), Globus Medical, Inc. (20,804).
How many large cap companies in the US report no debt?
54 of the 681 large cap companies in the US on PositoAI report no debt (banks and lenders left out); this page shows the top 50.
How is this list made?
Companies whose latest annual balance sheet shows no borrowings, ordered by Positivity Score. Lease obligations (for offices, buildings and similar) are not counted as borrowing; they are shown in the Leases column. Banks and lenders are left out, because borrowing is part of their business. The list is updated every day from PositoAI's data.
What counts as a large cap stock in the US?
In the US, large cap usually means a market value above $10 billion, mid cap $2–10 billion and small cap $300 million to $2 billion.
Are lease obligations counted as debt on this list?
No. Many companies rent offices, buildings or equipment on long leases, and accounts show those payments as lease obligations. This list counts only borrowings, so a company with leases but no loans is debt free here. Each company's lease amount is shown in the Leases column.
Companies whose latest annual balance sheet shows no borrowings, ordered by Positivity Score. Lease obligations (for offices, buildings and similar) are not counted as borrowing; they are shown in the Leases column. Banks and lenders are left out, because borrowing is part of their business. Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All top lists for United States. PositoAI is for research and education only and is not investment advice.