Research · refreshed nightly · August 17, 2026
Top Industrial Tech Companies (October 2026)
The factory floor's fastest growers.
The factory floor is out-compounding its reputation. HEICO leads our ranking of top industrial tech companies, 50 names deep, with an MGI of 72, growing 21% a year both headline and per share, with Rheinmetall at a $76B cap and Sweden's Lagercrantz tied just behind at 71.
Defense and Nordic engineering dominate the upper rows: MilDef growing 39% a year, Saab and Mycronic in the mid-60s. A median MGI of 55.5 puts industrials above most sectors here, and the per-share column is notably honest; Comfort Systems even compounds faster per share, 28%, than its 27% headline. Click any name for the full citation-backed analysis.
50companies qualify
64.5median MGI
5joined this week
The ranking
Sorted by MGI
1
Goodwin PLCGDWN.GB🇬🇧
Revenue +13%/yr · +13%/yr per share · scale economics
G 76V 58O 79Cap $2.1B
MGI
76
MVI
58
MTI
29
MOI
79
Cap
$2.1B
Growth
+15%2
Plejd ABPLEJD.SE🇸🇪
Revenue +28%/yr · +27%/yr per share · asset light
G 75V 68O 81Cap $858.6M
MGI
75
MVI
68
MTI
35
MOI
81
Cap
$858.6M
Growth
+28%3
HEICO CorporationHEI🇺🇸
Revenue +21%/yr · +21%/yr per share · scale economics
G 72V 51O 72Cap $45.0B
MGI
72
MVI
51
MTI
28
MOI
72
Cap
$45.0B
Growth
+25%4
nVent Electric plcNVT🇺🇸
Revenue +14%/yr · +15%/yr per share · scale economics
G 70V 51O 70Cap $27.6B
MGI
70
MVI
51
MTI
43
MOI
70
Cap
$27.6B
Growth
+54%5
Diploma PLCDPLM.GB🇬🇧
Revenue +15%/yr · +13%/yr per share · scale economics
G 70V 55O 73Cap $12.1B
MGI
70
MVI
55
MTI
37
MOI
73
Cap
$12.1B
Growth
+12%6
RENK Group AGR3NK.DE🇩🇪
Revenue +15%/yr · +252%/yr per share · asset light
G 68V 59O 72Cap $5.4B
MGI
68
MVI
59
MTI
34
MOI
72
Cap
$5.4B
Growth
+4%7
Tantalus Systems Holding Inc.GRID.CA🇨🇦
Revenue +13%/yr · +6%/yr per share · asset light
G 68V 70O 74Cap $185.8M
MGI
68
MVI
70
MTI
42
MOI
74
Cap
$185.8M
Growth
+27%8
Exosens S.A.EXENS.FR🇫🇷
Revenue +20%/yr · +1%/yr per share · asset light
G 68V 54O 70Cap $3.7B
MGI
68
MVI
54
MTI
44
MOI
70
Cap
$3.7B
Growth
-18%9
STIF S.A.ALSTI.FR🇫🇷
Revenue +42%/yr · -73%/yr per share · asset light
G 68V 60O 71Cap $314.6M
MGI
68
MVI
60
MTI
38
MOI
71
Cap
$314.6M
Growth
+48%10
Comfort Systems USA, Inc.FIX🇺🇸
Revenue +30%/yr · +30%/yr per share · scale economics
G 68V 56O 72Cap $66.1B
MGI
68
MVI
56
MTI
46
MOI
72
Cap
$66.1B
Growth
+50%11
Volution Group plcFAN.GB🇬🇧
Revenue +10%/yr · +10%/yr per share · asset light
G 67V 56O 70Cap $1.8B
MGI
67
MVI
56
MTI
35
MOI
70
Cap
$1.8B
Growth
+6%12
NKT A/SNKT.DK🇩🇰
Revenue +14%/yr · +9%/yr per share · scale economics
G 67V 49O 67Cap $7.3B
MGI
67
MVI
49
MTI
38
MOI
67
Cap
$7.3B
Growth
+3%13
Safran SASAF.FR🇫🇷
Revenue +17%/yr · +19%/yr per share · scale economics
G 67V 49O 67Cap $169.6B
MGI
67
MVI
49
MTI
38
MOI
67
Cap
$169.6B
Growth
+13%14
Saab ABSAAB.B.SE🇸🇪
Revenue +18%/yr · +17%/yr per share · scale economics
G 67V 56O 69Cap $32.4B
MGI
67
MVI
56
MTI
38
MOI
69
Cap
$32.4B
Growth
+61%15
Vertiv Holdings CoVRT🇺🇸
Revenue +18%/yr · +16%/yr per share · scale economics
G 67V 57O 71Cap $121.0B
MGI
67
MVI
57
MTI
46
MOI
71
Cap
$121.0B
Growth
+18%16
Zurn Elkay Water Solutions CorporationZWS🇺🇸
Revenue +14%/yr · +8%/yr per share · scale economics
G 66V 56O 69Cap $8.4B
MGI
66
MVI
56
MTI
35
MOI
69
Cap
$8.4B
Growth
+11%17
Halma plcHLMA.GB🇬🇧
Revenue +12%/yr · +12%/yr per share · asset light
G 66V 47O 65Cap $19.2B
MGI
66
MVI
47
MTI
40
MOI
65
Cap
$19.2B
Growth
+15%18
Rheinmetall AGRHM.DE🇩🇪
Revenue +13%/yr · +11%/yr per share · asset light
G 66V 57O 70Cap $59.2B
MGI
66
MVI
57
MTI
35
MOI
70
Cap
$59.2B
Growth
-16%19
Bloom Energy CorporationBE🇺🇸
Revenue +26%/yr · +14%/yr per share · scale economics
G 66V 39O 60Cap $78.3B
MGI
66
MVI
39
MTI
46
MOI
60
Cap
$78.3B
Growth
+166%20
Carpenter Technology CorporationCRS🇺🇸
Revenue +15%/yr · +14%/yr per share · scale economics
G 65V 38O 60Cap $28.8B
MGI
65
MVI
38
MTI
33
MOI
60
Cap
$28.8B
Growth
+4%21
Friedrich Vorwerk Group SEVH2.DE🇩🇪
Revenue +22%/yr · +22%/yr per share · asset light
G 65V 69O 73Cap $1.6B
MGI
65
MVI
69
MTI
37
MOI
73
Cap
$1.6B
Growth
+5%22
Arxis, Inc.ARXS🇺🇸
Revenue +61%/yr · +61%/yr per share · asset light
G 65V 46O 63Cap $21.6B
MGI
65
MVI
46
MTI
36
MOI
63
Cap
$21.6B
Growth
+61%23
Addtech ABADDT.B.SE🇸🇪
Revenue +12%/yr · +12%/yr per share · scale economics
G 65O 65Cap $9.5B
MGI
65
MTI
38
MOI
65
Cap
$9.5B
Growth
+7%24
Willdan Group, Inc.WLDN🇺🇸
Revenue +16%/yr · +11%/yr per share · scale economics
G 65V 55O 67Cap $1.2B
MGI
65
MVI
55
MTI
45
MOI
67
Cap
$1.2B
Growth
+2%25
Sterling Infrastructure, Inc.STRL🇺🇸
Revenue +19%/yr · +18%/yr per share · scale economics
G 65V 50O 65Cap $17.6B
MGI
65
MVI
50
MTI
45
MOI
65
Cap
$17.6B
Growth
+92%26
BQE Water Inc.BQE.CA🇨🇦
Revenue +34%/yr · +48%/yr per share · scale economics
G 64V 73O 71Cap $64.7M
MGI
64
MVI
73
MTI
38
MOI
71
Cap
$64.7M
Growth
-35%27
MBB SEMBB.DE🇩🇪
Revenue +12%/yr · +15%/yr per share · asset light
G 64V 66O 70Cap $1.1B
MGI
64
MVI
66
MTI
46
MOI
70
Cap
$1.1B
Growth
-9%28
IES Holdings, Inc.IESC🇺🇸
Revenue +19%/yr · +20%/yr per share · scale economics
G 64V 53O 65Cap $14.9B
MGI
64
MVI
53
MTI
45
MOI
65
Cap
$14.9B
Growth
+40%29
EMCOR Group, Inc.EME🇺🇸
Revenue +13%/yr · +18%/yr per share · scale economics
G 64V 54O 66Cap $36.8B
MGI
64
MVI
54
MTI
42
MOI
66
Cap
$36.8B
Growth
+20%30
Axon Partners Group S.A.APG.ES🇪🇸
Revenue +20%/yr · +19%/yr per share · asset light
G 64V 66O 68Cap $96.6M
MGI
64
MVI
66
MTI
42
MOI
68
Cap
$96.6M
Growth
+17%31
Firan Technology Group CorporationFTG.CA🇨🇦
Revenue +20%/yr · +20%/yr per share · scale economics
G 64V 53O 65Cap $458M
MGI
64
MVI
53
MTI
38
MOI
65
Cap
$458M
Growth
+23%32
Accelleron Industries AGACLN.CH🇨🇭
Revenue +17%/yr · +17%/yr per share · scale economics
G 63V 46O 61Cap $8.7B
MGI
63
MVI
46
MTI
40
MOI
61
Cap
$8.7B
Growth
+24%33
RATIONAL AGRAA.DE🇩🇪
Revenue +11%/yr · +11%/yr per share · asset light
G 62V 51O 63Cap $8.3B
MGI
62
MVI
51
MTI
33
MOI
63
Cap
$8.3B
Growth
+10%34
BELIMO Holding AGBEAN.CH🇨🇭
Revenue +10%/yr · +10%/yr per share · asset light
G 62V 46O 60Cap $13.3B
MGI
62
MVI
46
MTI
35
MOI
60
Cap
$13.3B
Growth
+19%35
OMER S.p.A.OMER.IT🇮🇹
Revenue +18%/yr · -48%/yr per share · scale economics
G 61V 67O 66Cap $130M
MGI
61
MVI
67
MTI
38
MOI
66
Cap
$130M
Growth
+13%36
ErreDue S.p.A.RDUE.IT🇮🇹
Revenue +22%/yr · +22%/yr per share · asset light
G 61V 65O 64Cap $52.4M
MGI
61
MVI
65
MTI
44
MOI
64
Cap
$52.4M
Growth
+22%37
Cambi ASACAMBI.NO🇳🇴
Revenue +17%/yr · +17%/yr per share · asset light
G 61V 67O 66Cap $305.5M
MGI
61
MVI
67
MTI
55
MOI
66
Cap
$305.5M
Growth
-24%38
Federal Signal Corp.FSS🇺🇸
Revenue +15%/yr · +15%/yr per share · scale economics
G 60V 54O 62Cap $7.8B
MGI
60
MVI
54
MTI
36
MOI
62
Cap
$7.8B
Growth
+19%39
Woodward, Inc.WWD🇺🇸
Revenue +13%/yr · +15%/yr per share · scale economics
G 60V 45O 58Cap $23.5B
MGI
60
MVI
45
MTI
41
MOI
58
Cap
$23.5B
Growth
+13%40
Taylor Devices, Inc.TAYD🇺🇸
Revenue +12%/yr · +14%/yr per share · scale economics
G 60V 55O 61Cap $178.2M
MGI
60
MVI
55
MTI
42
MOI
61
Cap
$178.2M
Growth
+6%41
Argan, Inc.AGX🇺🇸
Revenue +16%/yr · +19%/yr per share · scale economics
G 59V 56O 62Cap $8.7B
MGI
59
MVI
56
MTI
43
MOI
62
Cap
$8.7B
Growth
+50%42
Powell Industries, Inc.POWL🇺🇸
Revenue +20%/yr · +19%/yr per share · scale economics
G 59V 51O 59Cap $9.1B
MGI
59
MVI
51
MTI
50
MOI
59
Cap
$9.1B
Growth
+9%43
Journeo plcJNEO.GB🇬🇧
Revenue +32%/yr · +15%/yr per share · scale economics
G 59V 62O 62Cap $121.3M
MGI
59
MVI
62
MTI
44
MOI
62
Cap
$121.3M
Growth
+11%44
Nicolás Correa, S.A.NEA.ES🇪🇸
Revenue +12%/yr · +12%/yr per share · asset light
G 59V 61O 62Cap $131.7M
MGI
59
MVI
61
MTI
46
MOI
62
Cap
$131.7M
Growth
-2%45
CTT Systems ABCTT.SE🇸🇪
Revenue +9%/yr · +9%/yr per share · asset light
G 58V 38O 55Cap $254.9M
MGI
58
MVI
38
MTI
38
MOI
55
Cap
$254.9M
Growth
+40%46
Axon Enterprise, Inc.AXON🇺🇸
Revenue +30%/yr · +25%/yr per share · asset light
G 58V 44O 55Cap $47.7B
MGI
58
MVI
44
MTI
43
MOI
55
Cap
$47.7B
Growth
+35%47
Zaptec ASAZAP.NO🇳🇴
Revenue +20%/yr · +17%/yr per share · scale economics
G 58V 79O 65Cap $242.4M
MGI
58
MVI
79
MTI
47
MOI
65
Cap
$242.4M
Growth
+40%48
Elixirr International plcELIX.GB🇬🇧
Revenue +38%/yr · +33%/yr per share · scale economics
G 58V 62O 61Cap $486.6M
MGI
58
MVI
62
MTI
48
MOI
61
Cap
$486.6M
Growth
+34%
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-08-17.