US companies with the most cash
Cash and cash equivalents on the balance sheet at the latest fiscal year end. Banks and brokers hold client money here, so their figures are not comparable with other companies'. Citigroup leads with $349.6bn in fiscal 2025. The top 100 of 4,102 companies with a figure on file.
Would buying this list have paid?
Buying the top 100 companies by cash and equivalents, as the list stood each quarter since March 31, 2010, would have returned +15.0% a year against +14.0% for the S&P 500. It beat the index, but mostly by moving more than the market (beta 1.08); after allowing for that, the extra return could be chance.
| Return a year | Typical yearly swing | Sharpe ratio | Biggest drop | Moves with market (beta) | |
|---|---|---|---|---|---|
| Top 100 by cash and equivalents | +15.0% | 17.2% | 0.83 | -25.8% | 1.08 |
| S&P 500, buy and hold | +14.0% | 15.1% | 0.87 | -23.9% | 1.00 |
- Ahead of the S&P 500 in 53.0% of 66 quarters.
- Extra return after allowing for market risk (alpha): +0.2% a year No reliable evidence t = 0.12
- Against the S&P 500: +2.4% a year in 2010–2017, −0.3% in 2018–2026.
More rankings
- Largest US companies by revenue
- Most profitable US companies
- US companies with the most free cash flow
- Fastest-growing large US companies
- US companies with the highest profit margins
- US companies with the highest return on equity
- Biggest share buybacks by US companies
- Biggest dividend payers in the US
- US companies raising their dividend every year
- Largest US employers
- US companies with the most debt
- Biggest R&D spenders in the US
- Companies by sector and industry