Not investment advice.This page is quantitative research generated from public filings for educational purposes only — not a recommendation to buy, hold, or sell any security. Do your own research.
SURVIVORSHIP-BIASED UNIVERSE (v0): current SEC-registered companies only — delisted/dropped firms are absent, which INFLATES absolute returns. Trust the RELATIVE drawdown/downside-capture vs benchmark (same survivor set), not the return level. Harden with point-in-time membership before trusting returns.
FINANCIALS EXCLUDED: financial-sector companies (SIC 6000-6999 — banks, insurers, REITs, broker-dealers) are omitted from the gross-profitability ranking, following Novy-Marx (2013) / Fama-French (2015): they have no COGS-based gross profit by XBRL taxonomy design, so gross-profits/assets is undefined for them. This is a universe-scope choice, not a quality judgment on those firms.
The Trajectory rating (strengthening / stable / weakening) is a monitoring diagnostic of a business’s fundamental direction, not a prediction of returns.
Data sourced from SEC EDGAR public filings.