Free cash flow margin above 20% in each of the last five fiscal years
288 of the 2898 US-listed names on this site meet the rule today: free cash flow (operating cash flow less capital expenditure) over revenue exceeded 20% in every one of the last five fiscal years as filed. By market capitalisation. The figures are the same arithmetic on the same filings as each company's page, as of 9 November 2026.
| Company | FCF margin | Sales growth, TTM | Market cap | Stock P/E | Market cap / sales |
|---|---|---|---|---|---|
| Apple Inc. AAPL | 28.4% | 15.1% | $4.97 trillion | 38.16 | 10.39 |
| Microsoft Corp. MSFT | 17.3% | 17.9% | $3.94 trillion | 27.69 | 11.37 |
| Broadcom Inc. AVGO | 44.2% | 48.7% | $1.40 trillion | 37.47 | 15.72 |
| Visa Inc. V | 48.1% | 14.8% | $806.0 billion | 34.28 | 17.56 |
| Johnson & Johnson JNJ | 20.7% | 7.8% | $665.0 billion | 41.86 | 6.69 |
| Mastercard Inc. MA | 44.3% | 15.3% | $571.9 billion | 34.15 | 15.76 |
| AbbVie Inc. ABBV | 28.6% | 10.7% | $514.8 billion | 50.13 | 7.80 |
| Philip Morris International Inc. PM | 31.5% | 7.9% | $308.3 billion | 28.88 | 7.15 |
| HSBC Holdings plc HSBC * | 41.5% | 3.7% | $299.0 billion | 14.51 | 4.38 |
| Palo Alto Networks Inc. PANW | 35.8% | 24.5% | $255.7 billion | 615.08 | 22.27 |
| Amgen Inc. AMGN | 24.6% | 8.2% | $249.0 billion | 26.70 | 6.40 |
| CrowdStrike Holdings, Inc. CRWD | 29.8% | 24.3% | $222.1 billion | n/a | 41.16 |
| Gilead Sciences, Inc. GILD | 44.5% | 6.5% | $207.1 billion | n/a | 6.68 |
| McDonald's Corp. MCD | 27.0% | 5.8% | $195.1 billion | 21.87 | 7.02 |
| KLA Corp. KLAC | 27.8% | 15.8% | $180.5 billion | 34.62 | 12.44 |
| Analog Devices Inc. ADI | 35.6% | 33.6% | $175.9 billion | 43.07 | 12.67 |
| Danaher Corp. DHR | 22.4% | 5.5% | $162.0 billion | 37.69 | 6.33 |
| S&P Global Inc. SPGI | n/a | 6.0% | $135.6 billion | 27.83 | 8.52 |
| British American Tobacco p.l.c. BTI * | 22.6% | -1.0% | $132.3 billion | 13.02 | 3.86 |
| HDFC Bank Limited HDB * | 42.7% | 5.2% | $129.0 billion | 17.39 | 4.91 |
| Bristol-Myers Squibb Co. BMY | 18.6% | 4.2% | $127.0 billion | 13.78 | 2.54 |
| Altria Group, Inc. MO | 38.6% | 0.5% | $126.6 billion | 15.73 | 5.38 |
| Capital One Financial Corp. COF | 41.7% | 31.2% | $121.5 billion | 11.92 | 1.93 |
| Booking Holdings Inc. BKNG | 32.8% | 8.0% | $119.5 billion | 17.37 | 4.25 |
| CME Group Inc. CME | 62.1% | 9.0% | $109.7 billion | 25.10 | 15.74 |
| ServiceNow, Inc. NOW | 30.8% | 21.8% | $105.8 billion | 73.36 | 6.86 |
| Intercontinental Exchange, Inc. ICE | 37.6% | 12.1% | $96.1 billion | 23.50 | 6.84 |
| Regeneron Pharmaceuticals, Inc. REGN | 22.6% | 18.6% | $95.5 billion | 19.97 | 5.65 |
| Adobe Inc. ADBE | 40.8% | 12.0% | $93.5 billion | 13.35 | 3.60 |
| Intuit Inc. INTU | 40.4% | 13.9% | $91.7 billion | 20.70 | 4.27 |
| Cadence Design Systems Inc. CDNS | 28.8% | 17.6% | $87.8 billion | 63.59 | 14.31 |
| Fortinet, Inc. FTNT | 43.5% | 20.2% | $87.3 billion | 38.56 | 11.07 |
| Moody's Corp. MCO | 36.4% | 9.0% | $87.2 billion | 30.82 | 10.66 |
| NetEase, Inc. NTES * | 44.1% | 7.0% | $82.6 billion | 16.43 | 4.88 |
| EOG Resources Inc. EOG | 45.5% | 31.7% | $76.3 billion | 9.51 | 2.57 |
| Simon Property Group Inc. SPG | 46.9% | 16.2% | $73.9 billion | 16.48 | 10.33 |
| Ferrari N.V. RACE * | 26.1% | 7.0% | $73.8 billion | 41.60 | 9.25 |
| RELX PLC RELX * | 29.4% | 1.7% | $73.1 billion | 26.76 | 5.69 |
| Datadog, Inc. DDOG | 28.7% | 33.2% | $64.7 billion | 248.71 | 15.11 |
| Public Storage PSA | 54.5% | 5.2% | $63.1 billion | 35.34 | 12.53 |
| Mplx LP MPLX | 23.6% | 3.1% | $56.6 billion | 13.06 | 4.29 |
| Realty Income Corp. O | 64.1% | 10.8% | $56.2 billion | 40.72 | 9.05 |
| Autodesk, Inc. ADSK | 36.4% | 17.9% | $54.7 billion | 33.87 | 7.02 |
| Fifth Third Bancorp FITB | 23.8% | 32.5% | $48.1 billion | 18.17 | 4.11 |
| MSCI Inc. MSCI | 45.9% | 12.3% | $46.0 billion | 33.94 | 13.39 |
| Ameriprise Financial Inc. AMP | 37.0% | 10.0% | $43.6 billion | 11.29 | 2.20 |
| Paychex Inc. PAYX | 30.5% | 14.0% | $41.7 billion | 23.22 | 6.31 |
| ORIX Corporation IX * | 38.9% | 15.9% | $39.1 billion | n/a | 1.85 |
| Atlassian Corp. TEAM | 24.1% | 26.6% | $38.7 billion | 426.72 | 5.60 |
| Crown Castle Inc. CCI | n/a | -15.7% | $37.7 billion | 46.63 | 9.24 |
| Vodafone Group Public Limited Company VOD * | 23.3% | 8.0% | $36.0 billion | n/a | 0.80 |
| Arch Capital Group Ltd. ACGL | 30.0% | -3.9% | $34.9 billion | 8.78 | 1.86 |
| Interactive Brokers Group, Inc. IBKR | 171.1% | 19.7% | $34.4 billion | 29.16 | 4.83 |
| Zscaler, Inc. ZS | 25.4% | 25.4% | $32.2 billion | n/a | 9.61 |
| M&T Bank Corp. MTB | 38.4% | 4.0% | $31.2 billion | 11.34 | 3.13 |
| Huntington Bancshares Inc. HBAN | 28.1% | 30.6% | $31.2 billion | 12.80 | 3.01 |
| Tradeweb Markets Inc. TW | 50.6% | 14.4% | $29.7 billion | 29.99 | 12.99 |
| Copart Inc. CPRT | 27.2% | 0.4% | $29.6 billion | 20.61 | 6.34 |
| Cincinnati Financial Corp. CINF | 23.2% | 9.9% | $28.5 billion | 10.88 | 2.15 |
| Verisign Inc. VRSN | 59.1% | 6.5% | $27.7 billion | 33.17 | 16.00 |
| Vici Properties Inc. VICI | 65.1% | 4.7% | $27.3 billion | 11.37 | 6.57 |
| Citizens Financial Group Inc. CFG | 12.2% | 10.6% | $26.6 billion | 12.73 | 2.98 |
| Verisk Analytics, Inc. VRSK | 34.6% | 4.9% | $26.2 billion | 30.99 | 8.26 |
| Zoom Communications, Inc. ZM | 38.6% | 5.0% | $26.2 billion | 8.32 | 5.25 |
| Vivmark Residential VMRK | 47.1% | 2.8% | $24.6 billion | 28.48 | 7.85 |
| United Therapeutics Corp. UTHR | 27.2% | 1.9% | $23.8 billion | 21.21 | 7.47 |
| Brown & Brown, Inc. BRO | 21.5% | 26.1% | $23.6 billion | 22.82 | 3.41 |
| SBA Communications Corp. SBAC | 36.9% | 2.3% | $19.8 billion | 20.45 | 6.94 |
| Permian Resources Corp. PR | 69.9% | 22.8% | $18.3 billion | 11.36 | 2.87 |
| Medpace Holdings, Inc. MEDP | 23.5% | 20.4% | $18.3 billion | 36.20 | 6.43 |
| Ss&C Technologies Holdings Inc. SSNC | 26.7% | 8.6% | $18.2 billion | 22.33 | 2.78 |
| Gen Digital Inc. GEN | 33.7% | 16.9% | $17.7 billion | 14.96 | 3.38 |
| Essex Property Trust, Inc. ESS | 52.7% | 4.5% | $17.5 billion | 50.55 | 9.01 |
| CF Industries Holdings, Inc. CF | 26.2% | 17.9% | $17.5 billion | 8.43 | 2.20 |
| Western Midstream Partners, LP WES | 24.0% | 22.3% | $16.5 billion | 12.91 | 3.60 |
| Lamar Advertising Co. LAMR | 32.6% | 5.1% | $15.8 billion | 27.51 | 6.70 |
| Invitation Homes Inc. INVH | n/a | 7.2% | $15.8 billion | 23.76 | 5.44 |
| Blue OWL Capital Inc. OWL | 122.3% | 119.9% | $15.4 billion | 70.14 | 12.52 |
| Check Point Software Technologies Ltd. CHKP * | 43.0% | 6.3% | $15.2 billion | 14.98 | 5.59 |
| Fair Isaac Corp. FICO | 42.2% | 27.3% | $15.1 billion | 19.41 | 5.95 |
| Jazz Pharmaceuticals plc JAZZ | 34.4% | 13.5% | $15.1 billion | 79.82 | 3.19 |
| Lattice Semiconductor Corp. LSCC | 30.0% | 63.4% | $14.9 billion | 328.11 | 18.45 |
| Manhattan Associates Inc. MANH | 32.8% | 8.4% | $14.7 billion | 70.79 | 12.69 |
| Omega Healthcare Investors Inc. OHI | 59.3% | 14.0% | $14.6 billion | 19.36 | 11.17 |
| Globe Life Inc. GL | 21.3% | 5.6% | $14.5 billion | 10.53 | 2.31 |
| GoDaddy Inc. GDDY | 33.7% | 6.4% | $14.0 billion | 15.64 | 2.70 |
| Mid-America Apartment Communities, Inc. MAA | 28.0% | 1.0% | $13.8 billion | 36.05 | 6.20 |
| Regency Centers Corp. REG | 25.0% | 8.4% | $13.7 billion | 26.74 | 8.31 |
| Bentley Systems Inc. BSY | 29.7% | 12.9% | $13.5 billion | 43.77 | 8.19 |
| SEI Investments Co. SEIC | 26.3% | 12.8% | $12.5 billion | 18.31 | 4.94 |
| Dynatrace, Inc. DT | 26.5% | 17.8% | $12.4 billion | 80.44 | 5.70 |
| Akamai Technologies Inc. AKAM | 12.4% | 6.2% | $12.0 billion | 32.18 | 2.72 |
| Halozyme Therapeutics, Inc. HALO | 49.1% | 45.0% | $11.8 billion | 26.38 | 6.55 |
| Udr, Inc. UDR | 35.8% | 0.6% | $11.7 billion | 17.25 | 6.86 |
| American Homes 4 Rent AMH | 43.9% | 3.5% | $11.7 billion | 26.91 | 6.19 |
| Factset Research Systems Inc. FDS | 28.6% | 6.7% | $11.6 billion | 22.52 | 4.67 |
| Gaming & Leisure Properties, Inc. GLPI | n/a | 7.3% | $11.3 billion | 11.89 | 6.68 |
| Globalstar, Inc. GSAT | 168.3% | 5.9% | $10.9 billion | n/a | 39.40 |
| Eastgroup Properties Inc. EGP | 62.9% | 10.4% | $10.4 billion | 32.84 | 13.52 |
| Bxp, Inc. BXP | 34.2% | 2.7% | $10.4 billion | 19.47 | 2.92 |
| Wintrust Financial Corp. WTFC | n/a | 10.3% | $10.2 billion | 11.61 | 3.49 |
| CubeSmart CUBE | 50.7% | 3.3% | $10.1 billion | 29.81 | 8.78 |
| Camden Property Trust CPT | 22.5% | -1.0% | $10.0 billion | 9.28 | 6.41 |
| Old National Bancorp ONB | 34.6% | 21.8% | $9.4 billion | 10.17 | 3.33 |
| Affiliated Managers Group, Inc. AMG | 46.9% | 11.8% | $9.4 billion | 12.56 | 4.13 |
| Kinsale Capital Group, Inc. KNSL | 49.8% | 8.3% | $8.6 billion | 16.72 | 4.42 |
| Rambus Inc. RMBS | 39.3% | 17.3% | $8.0 billion | 30.67 | 10.03 |
| Etsy Inc. ETSY | 20.6% | 0.7% | $7.9 billion | 10.62 | 2.75 |
| Commerce Bancshares Inc. CBSH | 66.8% | 10.4% | $7.8 billion | 13.26 | 4.06 |
| Dropbox, Inc. DBX | 36.1% | 0.2% | $7.8 billion | 18.74 | 3.06 |
| Victory Capital Holdings, Inc. VCTR | 39.0% | 36.9% | $7.4 billion | 21.92 | 4.63 |
| InterDigital, Inc. IDCC | 37.8% | -12.0% | $7.4 billion | 31.46 | 9.01 |
| Terreno Realty Corp. TRNO | 39.6% | 17.2% | $7.3 billion | 19.76 | 14.04 |
| Prosperity Bancshares Inc. PB | 42.4% | 13.3% | $7.2 billion | 12.46 | 5.20 |
| Stag Industrial, Inc. STAG | 34.0% | 9.3% | $7.1 billion | 25.96 | 7.84 |
| Macerich Co. MAC | 18.5% | -1.3% | $7.1 billion | n/a | 6.97 |
| Clearway Energy, Inc. CWEN | 42.6% | 9.9% | $7.0 billion | 44.27 | 4.45 |
| Vornado Realty Trust VNO | 9.3% | 1.6% | $6.7 billion | n/a | 3.64 |
| Qualys, Inc. QLYS | 44.7% | 10.4% | $6.6 billion | 32.92 | 9.38 |
| Healthcare Realty Trust Inc. HR | 39.7% | -5.8% | $6.5 billion | n/a | 5.76 |
| United Bankshares Inc. UBSI | 42.9% | 8.7% | $6.5 billion | 13.06 | 5.05 |
| Commvault Systems Inc. CVLT | 20.4% | 14.3% | $6.5 billion | 82.09 | 5.17 |
| Rayonier Inc. RYN | n/a | 24.1% | $6.4 billion | 37.14 | 4.70 |
| FNB Corp. FNB | 39.3% | 9.5% | $6.3 billion | 10.53 | 3.41 |
| Glacier Bancorp, Inc. GBCI | 35.9% | 33.1% | $6.3 billion | 18.04 | 4.98 |
| Trade Desk, Inc. TTD | 28.9% | 11.6% | $6.1 billion | 15.39 | 2.03 |
| Dolby Laboratories, Inc. DLB | 29.0% | 0.6% | $6.1 billion | 27.59 | 4.48 |
| Home Bancshares Inc. HOMB | 42.2% | 6.1% | $5.9 billion | 12.24 | 5.25 |
| Marketaxess Holdings Inc. MKTX | 40.4% | 3.9% | $5.8 billion | 20.27 | 6.69 |
| Doximity, Inc. DOCS | n/a | 6.5% | $5.8 billion | 45.15 | 8.76 |
| Mgic Investment Corp. MTG | 59.5% | -2.2% | $5.8 billion | 8.89 | 4.84 |
| Hancock Whitney Corp. HWC | 43.9% | 0.9% | $5.7 billion | 14.38 | 3.78 |
| Associated Banc-Corp ASB | 50.5% | 45.2% | $5.6 billion | 10.50 | 3.34 |
| Essent Group Ltd. ESNT | 61.6% | 9.6% | $5.6 billion | 8.67 | 4.06 |
| Atlantic Union Bankshares Corp. AUB | 35.4% | 28.8% | $5.5 billion | 10.75 | 3.56 |
| Credit Acceptance Corp. CACC | 53.6% | 1.7% | $5.4 billion | 17.28 | 2.29 |
| Phillips Edison & Company, Inc. PECO | 29.8% | 7.0% | $5.2 billion | 28.15 | 6.87 |
| Eastern Bankshares, Inc. EBC | 35.0% | 81.1% | $5.2 billion | 13.13 | 4.35 |
| Herc Holdings Inc. HRI | 22.9% | 19.4% | $5.1 billion | 41.39 | 1.03 |
| Iridium Communications Inc. IRDM | 30.7% | 3.6% | $4.7 billion | 29.16 | 5.18 |
| Fulton Financial Corp. FULT | 42.1% | 7.9% | $4.5 billion | 11.05 | 3.22 |
| United Community Banks Inc. UCB | 49.1% | -19.7% | $4.4 billion | 31.34 | 5.39 |
| First Financial Bankshares Inc. FFIN | 48.3% | 10.5% | $4.4 billion | 14.98 | 6.42 |
| Enova International, Inc. ENVA | 54.9% | 20.1% | $4.3 billion | 11.88 | 1.17 |
| Cathay General Bancorp CATY | 50.8% | 17.0% | $4.2 billion | 11.85 | 4.64 |
| International Bancshares Corp. IBOC | 53.3% | 4.5% | $4.2 billion | 10.05 | 4.83 |
| Kilroy Realty Corp. KRC | 31.1% | -3.6% | $4.2 billion | 149.25 | 3.84 |
| Palomar Holdings, Inc. PLMR | 36.6% | 58.5% | $4.1 billion | 19.51 | 3.32 |
| Independent Bank Corp. INDB | 30.3% | 41.0% | $4.0 billion | 15.21 | 3.99 |
| CVB Financial Corp. CVBF | 98.2% | 26.9% | $4.0 billion | 15.07 | 6.23 |
| Magnite, Inc. MGNI | 31.3% | 9.1% | $3.9 billion | 23.03 | 5.13 |
| First Bancorp /PR FBP | 39.2% | 5.7% | $3.9 billion | 10.97 | 3.77 |
| Bancfirst Corp. BANF | 34.2% | 9.3% | $3.9 billion | 15.33 | 5.28 |
| Hess Midstream LP HESM | 56.2% | -0.6% | $3.8 billion | 10.26 | 2.40 |
| Copt Defense Properties CDP | 42.0% | 7.2% | $3.7 billion | 22.21 | 4.64 |
| Wesbanco Inc. WSBC | n/a | 22.0% | $3.7 billion | 10.52 | 3.46 |
| Nicolet Bankshares Inc. NIC | 33.0% | 55.3% | $3.6 billion | 19.15 | 6.11 |
| First Interstate Bancsystem Inc. FIBK | 24.4% | 6.1% | $3.5 billion | 11.78 | 3.31 |
| Independence Realty Trust, Inc. IRT | 40.2% | 3.1% | $3.5 billion | 57.65 | 5.26 |
| Highwoods Properties, Inc. HIW | 43.3% | 5.4% | $3.5 billion | 18.74 | 4.08 |
| WillScot Holdings Corp. WSC | 29.5% | 0.4% | $3.4 billion | n/a | 1.47 |
| First Financial Bancorp FFBC | 74.2% | 18.5% | $3.4 billion | 11.43 | 3.27 |
| Community Financial System, Inc. CBU | 30.5% | 10.0% | $3.4 billion | 14.63 | 3.84 |
| Simmons First National Corp. SFNC | n/a | 1,478.4% | $3.4 billion | 13.03 | 3.41 |
| Broadstone Net Lease, Inc. BNL | 54.3% | 8.0% | $3.4 billion | 23.04 | 6.95 |
| Park National Corp. PRK | 29.0% | 20.5% | $3.2 billion | 15.56 | 4.85 |
| First Hawaiian, Inc. FHB | 40.2% | 7.7% | $3.0 billion | 11.20 | 3.35 |
| Grand Canyon Education, Inc. LOPE | 23.1% | 5.3% | $3.0 billion | 12.57 | 2.64 |
| Provident Financial Services Inc. PFS | 32.6% | 8.6% | $3.0 billion | 9.64 | 3.24 |
| NMI Holdings, Inc. NMIH | 57.4% | 6.9% | $2.9 billion | 7.66 | 3.94 |
| NBT Bancorp Inc. NBTB | 32.7% | 13.8% | $2.7 billion | 12.67 | 3.65 |
| First Bancorp FBNC | 59.7% | 24.5% | $2.7 billion | 16.28 | 5.77 |
| Skyward Specialty Insurance Group, Inc. SKWD | n/a | 35.3% | $2.7 billion | 14.07 | 1.48 |
| Stock Yards Bancorp, Inc. SYBT | 43.9% | 14.5% | $2.5 billion | 15.28 | 5.57 |
| InvenTrust Properties Corp. IVT | 37.7% | 12.6% | $2.5 billion | 85.22 | 7.45 |
| LTC Properties Inc. LTC | 33.7% | 70.4% | $2.5 billion | 4.70 | 6.24 |
| Northern Oil & Gas, Inc. NOG | n/a | -28.3% | $2.4 billion | n/a | 1.42 |
| Netstreit Corp. NTST | 56.3% | 27.1% | $2.4 billion | 85.41 | 9.96 |
| Enterprise Financial Services Corp. EFSC | 31.4% | 5.0% | $2.2 billion | 12.47 | 2.97 |
| Wafd Inc. WAFD | 29.0% | 7.8% | $2.2 billion | 9.28 | 2.78 |
| 1ST Source Corp. SRCE | 49.7% | 9.9% | $2.1 billion | 11.94 | 4.53 |
| First Commonwealth Financial Corp. FCF | n/a | 9.6% | $2.0 billion | 12.37 | 3.66 |
| City Holding Co. CHCO | 42.4% | 6.1% | $2.0 billion | 15.44 | 6.13 |
| Evertec, Inc. EVTC | 21.2% | 16.3% | $2.0 billion | 22.08 | 1.89 |
| Harmony Biosciences Holdings, Inc. HRMY | n/a | 19.8% | $1.9 billion | 10.96 | 1.97 |
| Bancorp, Inc. TBBK | n/a | -2.5% | $1.9 billion | 8.52 | 2.88 |
| German American Bancorp, Inc. GABC | 41.5% | 19.2% | $1.9 billion | 12.92 | 4.78 |
| Certara, Inc. CERT | 19.6% | -4.0% | $1.8 billion | n/a | 4.60 |
| S&T Bancorp Inc. STBA | 40.5% | 7.5% | $1.8 billion | 12.89 | 4.26 |
| Republic Bancorp Inc. RBCAA | n/a | 1.7% | $1.8 billion | 13.74 | 4.25 |
| Progress Software Corp. PRGS | 31.9% | 6.4% | $1.8 billion | 20.06 | 1.78 |
| Adeia Inc. ADEA | 37.9% | 22.1% | $1.7 billion | 15.20 | 3.69 |
| Byline Bancorp, Inc. BY | 40.0% | 7.9% | $1.7 billion | 11.10 | 3.63 |
| Hope Bancorp Inc. HOPE | 48.5% | 25.7% | $1.7 billion | 12.67 | 2.84 |
| Trico Bancshares / TCBK | 28.9% | 8.8% | $1.7 billion | 12.13 | 3.74 |
| QCR Holdings Inc. QCRH | 196.2% | 11.2% | $1.6 billion | 11.85 | 4.17 |
| Bank First Corp. BFC | 23.5% | 41.4% | $1.6 billion | 18.48 | 6.86 |
| ConnectOne Bancorp, Inc. CNOB | 39.5% | 31.5% | $1.6 billion | 11.34 | 3.60 |
| Pathward Financial, Inc. CASH | n/a | -0.8% | $1.6 billion | 9.55 | 1.92 |
| Global Net Lease, Inc. GNL | 43.8% | -21.8% | $1.5 billion | n/a | 3.41 |
| Mach Natural Resources LP MNR | 40.8% | 36.7% | $1.5 billion | 10.02 | 1.10 |
| Lakeland Financial Corp. LKFN | 42.6% | 7.8% | $1.5 billion | 13.69 | 5.36 |
| Amalgamated Financial Corp. AMAL | n/a | 17.8% | $1.5 billion | 12.18 | 3.90 |
| Burke & Herbert Financial Services Corp. BHRB | n/a | 17.7% | $1.4 billion | 11.56 | 3.55 |
| Peoples Bancorp Inc. PEBO | 36.5% | 3.3% | $1.4 billion | 11.38 | 2.96 |
| Westamerica Bancorporation WABC | 44.8% | -4.6% | $1.4 billion | 12.90 | 5.48 |
| Innoviva, Inc. INVA | 41.6% | 12.8% | $1.4 billion | 9.60 | 3.12 |
| First MID Bancshares, Inc. FMBH | 33.3% | 15.7% | $1.3 billion | 11.66 | 3.36 |
| Community Trust Bancorp Inc. CTBI | 41.2% | 12.3% | $1.3 billion | 11.36 | 4.09 |
| Old Second Bancorp Inc. OSBC | 44.9% | 20.6% | $1.2 billion | 11.51 | 3.15 |
| Heritage Financial Corp. HFWA | 26.8% | 33.0% | $1.2 billion | 14.12 | 3.66 |
| Target Hospitality Corp. TH | 46.6% | 11.9% | $1.1 billion | n/a | 3.28 |
| Esquire Financial Holdings, Inc. ESQ | 41.6% | 18.6% | $1.1 billion | 21.31 | 7.00 |
| Firstsun Capital Bancorp FSUN | n/a | 28.3% | $1.1 billion | 19.77 | 2.12 |
| Five Star Bancorp FSBC | 46.6% | 26.0% | $1.1 billion | 12.50 | 5.72 |
| MetroCity Bankshares, Inc. MCBS | n/a | 30.6% | $1.0 billion | 11.83 | 5.40 |
| ZoomInfo Technologies Inc. GTM | 25.7% | 0.7% | $1.0 billion | n/a | 0.82 |
| Southside Bancshares Inc. SBSI | 55.5% | 15.9% | $1.0 billion | 10.30 | 3.64 |
| Willis Lease Finance Corp. WLFC | 35.8% | 20.1% | $990 million | 13.58 | 1.20 |
| Camden National Corp. CAC | 37.4% | 14.1% | $980 million | 10.93 | 3.65 |
| Central Pacific Financial Corp. CPF | 34.7% | 10.4% | $980 million | 11.61 | 3.23 |
| Hanmi Financial Corp. HAFC | n/a | 12.3% | $965 million | 10.76 | 3.31 |
| Business First Bancshares, Inc. BFST | n/a | 11.9% | $951 million | 11.51 | 2.66 |
| Trustco Bank Corp. N Y TRST | 34.3% | 9.8% | $949 million | 15.26 | 4.72 |
| Winmark Corp. WINA | 47.7% | 8.6% | $943 million | 23.63 | 10.27 |
| Farmers National Banc Corp. FMNB | 32.9% | 31.6% | $914 million | 11.10 | 3.78 |
| First Financial Corp. THFF | 35.8% | 12.8% | $907 million | 9.90 | 3.18 |
| MID Penn Bancorp Inc. MPB | 25.8% | 31.3% | $874 million | 11.97 | 3.15 |
| Capital City Bank Group Inc. CCBG | 24.0% | 2.0% | $862 million | 13.76 | 3.37 |
| First Community Bankshares Inc. FCBC | 23.3% | 17.5% | $861 million | 13.75 | 4.43 |
| Paysign, Inc. PAYS | 73.0% | 46.8% | $828 million | 56.44 | 8.23 |
| Smartfinancial Inc. SMBK | 30.5% | 14.5% | $815 million | 14.05 | 3.80 |
| Independent Bank Corp. IBCP | 12.5% | 9.7% | $802 million | 10.68 | 3.19 |
| South Plains Financial, Inc. SPFI | 35.1% | 13.3% | $800 million | 11.25 | 3.36 |
| Southern Missouri Bancorp, Inc. SMBC | 39.5% | 9.0% | $770 million | 10.39 | 3.76 |
| Collegium Pharmaceutical, Inc. COLL | 41.3% | 7.7% | $752 million | 24.20 | 0.92 |
| Postal Realty Trust, Inc. PSTL | 40.0% | 22.3% | $742 million | 38.90 | 6.66 |
| Ironwood Pharmaceuticals Inc. IRWD | n/a | 18.1% | $728 million | 4.89 | 1.82 |
| Peoples Financial Services Corp. PFIS | n/a | 8.9% | $722 million | 11.94 | 3.58 |
| World Acceptance Corp. WRLD | 44.2% | 4.3% | $693 million | 18.14 | 1.17 |
| BAR Harbor Bankshares BHB | 29.6% | 29.3% | $686 million | 13.83 | 3.55 |
| RED River Bancshares Inc. RRBI | 36.4% | 11.3% | $680 million | 14.31 | 5.05 |
| Acnb Corp. ACNB | 38.8% | 14.8% | $666 million | 12.11 | 3.26 |
| Midland States Bancorp, Inc. MSBI | 22.6% | 0.3% | $660 million | 13.97 | 1.97 |
| Coastal Financial Corp. CCB | 39.7% | 11.8% | $652 million | n/a | 1.06 |
| Carter Bankshares, Inc. CARE | 18.5% | 76.9% | $635 million | 4.85 | 2.43 |
| First Business Financial Services, Inc. FBIZ | 37.5% | 7.9% | $619 million | 10.88 | 3.43 |
| Greene County Bancorp Inc. GCBC | 56.1% | 19.9% | $615 million | 13.79 | 6.42 |
| Unity Bancorp Inc. UNTY | n/a | 11.5% | $576 million | 9.48 | 4.14 |
| Bank7 Corp. BSVN | 44.7% | 2.4% | $556 million | 13.37 | 5.65 |
| OppFi Inc. OPFI | 104.2% | -6.5% | $539 million | 3.48 | 1.53 |
| Sierra Bancorp BSRR | 32.3% | 2.0% | $536 million | 10.66 | 3.42 |
| Orange County Bancorp, Inc. OBT | 51.1% | 10.2% | $531 million | 11.13 | 4.19 |
| Citizens & Northern Corp. CZNC | 34.0% | 33.9% | $502 million | 14.12 | 3.29 |
| Home Bancorp, Inc. HBCP | 34.8% | 7.0% | $480 million | 10.75 | 3.07 |
| Sandridge Energy Inc. SD | 24.2% | 24.9% | $464 million | 4.75 | 2.38 |
| One Liberty Properties Inc. OLP | 30.5% | 10.7% | $446 million | 18.66 | 4.18 |
| RBB Bancorp RBB | n/a | 9.2% | $432 million | 9.95 | 3.15 |
| First Bancorp, Inc. FNLC | 31.2% | 14.8% | $410 million | 10.36 | 3.94 |
| Citizens Financial Services Inc. CZFS | 32.5% | 10.8% | $410 million | 9.52 | 3.39 |
| Chemung Financial Corp. CHMG | 35.8% | 36.6% | $409 million | 10.64 | 3.31 |
| NorthEast Community Bancorp, Inc. NECB | 46.7% | -0.9% | $400 million | 9.33 | 3.86 |
| Norwood Financial Corp. NWFL | 35.9% | 75.0% | $390 million | 11.54 | 3.52 |
| Parke Bancorp, Inc. PKBK | 49.4% | 26.7% | $385 million | 8.24 | 4.12 |
| Timberland Bancorp Inc. TSBK | 33.4% | 9.4% | $374 million | 12.05 | 4.29 |
| NVE Corp. NVEC | n/a | 24.1% | $368 million | 20.57 | 11.96 |
| Uscb Financial Holdings, Inc. USCB | n/a | 4.2% | $362 million | 12.45 | 3.65 |
| Regional Management Corp. RM | 46.7% | 8.4% | $334 million | 7.35 | 0.49 |
| John Marshall Bancorp, Inc. JMSB | 39.7% | 15.4% | $328 million | 12.35 | 4.68 |
| FS Bancorp, Inc. FSBW | 62.9% | 6.6% | $322 million | 9.99 | 2.06 |
| Isabella Bank Corp. ISBA | 29.3% | 17.1% | $310 million | 14.12 | 3.49 |
| Ames National Corp. ATLO | 29.2% | 21.5% | $299 million | 11.76 | 3.91 |
| QNB Corp. QNBC | 52.7% | -17.1% | $295 million | n/a | 6.48 |
| Virginia National Bankshares Corp. VABK | n/a | 13.3% | $289 million | 11.66 | 4.54 |
| BCB Bancorp Inc. BCBP | 30.0% | 3.2% | $282 million | n/a | 2.77 |
| Lcnb Corp. LCNB | 33.6% | 7.4% | $278 million | 11.15 | 2.85 |
| Hawthorn Bancshares, Inc. HWBK | 33.0% | 12.1% | $268 million | 10.58 | 3.17 |
| Community Bancorp CMTV | n/a | 15.9% | $263 million | 14.27 | 5.05 |
| HireQuest, Inc. HQI | 31.4% | -7.5% | $244 million | 30.78 | 8.09 |
| CF Bankshares Inc. CFBK | 33.0% | 7.8% | $234 million | 10.12 | 3.67 |
| Utah Medical Products Inc. UTMD | 31.7% | -7.0% | $231 million | 22.13 | 6.40 |
| Consumer Portfolio Services, Inc. CPSS | 75.5% | 10.4% | $222 million | 9.93 | 0.47 |
| First Capital Inc. FCAP | 39.8% | 18.2% | $208 million | 11.26 | 3.82 |
| Pedevco Corp. PED | n/a | 229.4% | $198 million | n/a | 1.70 |
| ECB Bancorp, Inc. ECBK | 53.2% | 33.3% | $186 million | 14.41 | 4.53 |
| ReposiTrak, Inc. TRAK | n/a | 3.0% | $123 million | 17.31 | 5.27 |
| OptimumBank Holdings, Inc. OPHC | 43.3% | 36.4% | $108 million | 10.08 | 1.84 |
| ADT Inc. ADT | 37.0% | 2.0% | n/a | n/a | n/a |
Free cash flow margin, trailing twelve months: free cash flow over revenue, four quarters.