Here are the S&P 500 and Nasdaq 100 companies that had consistently high returns on equity for at least 10 years

What’s a good starting point when looking for companies that have a good moat?

• Return on equity is a good indicator of a company’s earnings per dollar of equity capital
• Jensen Investment Management screens for companies with at least a 15% return on equity for 10 consecutive years
• MarketWatch found 79 companies within the S&P 500 and Nasdaq-100 that met this criteria
• The list includes tech stalwarts like Apple, discount retailers like Costco Wholesale and Target, and apparel maker Nike

Return on equity is a key metric to consider when evaluating companies. It measures how much a company earns for each dollar of its equity capital. Jensen Investment Management, a firm that focuses on high-quality companies, looks for companies with at least a 15% return on equity for 10 consecutive years. MarketWatch recently identified 79 such companies within the S&P 500 and Nasdaq-100. This list includes well-known tech companies like Apple, popular discount retailers like Costco Wholesale and Target, and successful apparel maker Nike.