Sector analysis · US
Consumer Discretionary: which companies drove growth
The 20 largest Consumer Discretionary companies by market cap at the end of Q3 2025 (30 Sep 2025), compared with Q2 2025.
The top 20 at Q3 2025
Q3 2025 vs Q2 2025: combined net profit $43.1B (+11%), median EPS +5% (11 of 20 up), market-cap-weighted price +8%. 20 of 20 reported.
| # | Company | Weight | EPS $, base → now | EPS growth | Contribution | Price |
|---|---|---|---|---|---|---|
| 1 | Amazon.com, Inc. | 39.8% | 1.68 → 1.95 | +16% | +7.8 pp | 0% |
| 2 | Tesla, Inc. | 24.3% | 0.33 → 0.39 | +17% | +0.5 pp | +40% |
| 3 | The Home Depot, Inc. | 6.8% | 4.58 → 3.62 | −21% | −2.4 pp | +11% |
| 4 | McDonald's Corporation | 3.7% | 3.14 → 3.18 | +1% | +0.1 pp | +4% |
| 5 | Booking Holdings Inc. | 3.0% | 1.10 → 3.38 | +208% | +4.8 pp | −6% |
| 6 | The TJX Companies, Inc. | 2.8% | 1.10 → 1.28 | +16% | +0.5 pp | +17% |
| 7 | Lowe's Companies, Inc. | 2.4% | 4.27 → 2.88 | −33% | −2.0 pp | +13% |
| 8 | MercadoLibre, Inc. | 2.0% | 10.32 → 8.30 | −20% | −0.3 pp | −11% |
| 9 | NIKE, Inc. | 1.7% | 0.14 → 0.49 | +250% | +1.3 pp | −2% |
| 10 | Starbucks Corporation | 1.6% | 0.49 → 0.12 | −76% | −1.1 pp | −8% |
| 11 | O'Reilly Automotive, Inc. | 1.5% | 0.78 → 0.85 | +9% | +0.1 pp | +20% |
| 12 | Royal Caribbean Cruises Ltd. | 1.5% | 4.41 → 5.74 | +30% | +0.9 pp | +3% |
| 13 | Carvana Co. | 1.4% | 0.26 → 0.21 | −20% | −0.1 pp | +12% |
| 14 | Airbnb, Inc. | 1.3% | 1.03 → 2.21 | +115% | +1.9 pp | −9% |
| 15 | AutoZone, Inc. | 1.2% | 35.36 → 48.71 | +38% | +0.6 pp | +15% |
| 16 | Marriott International, Inc. | 1.2% | 2.78 → 2.67 | −4% | −0.1 pp | −5% |
| 17 | Hilton Worldwide Holdings Inc. | 1.0% | 1.84 → 1.77 | −4% | −0.1 pp | −3% |
| 18 | Coupang, Inc. | 1.0% | 0.02 → 0.05 | +191% | +0.2 pp | +7% |
| 19 | General Motors Company | 0.9% | 1.91 → 1.35 | −29% | −1.5 pp | +18% |
| 20 | Chipotle Mexican Grill, Inc. | 0.9% | 0.32 → 0.29 | −9% | −0.1 pp | −31% |
| Sector earnings growth | 100% | +11.1 pp |
Who joined and who left
1 joined and 1 left the top 20 since Q2 2025, as market caps moved.
Joined the top 20 since Q2 2025
Left the top 20 since Q2 2025
- Flutter Entertainment plc
EPS growth by company, Q3 2023 to Q2 2026
Each company's EPS growth quarter on quarter, every quarter it was in the top 20.
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMZN | +45% | +6% | −2% | +29% | +13% | +30% | −15% | +6% | +16% | 0% | +43% | +107% |
| TSLA | −32% | +328% | −82% | −2% | +55% | +6% | −82% | +187% | +17% | −38% | −46% | +146% |
| HD | −18% | −26% | +29% | +27% | −20% | −18% | +14% | +33% | −21% | −29% | +28% | +45% |
| MCD | +1% | −12% | −5% | +5% | +12% | −11% | −7% | +21% | +1% | −5% | −8% | +19% |
| BKNG | +100% | −91% | +256% | +98% | +68% | −57% | −68% | +172% | +208% | −48% | −22% | +86% |
| TJX | +21% | +18% | −24% | +3% | +19% | +8% | −25% | +20% | +16% | +23% | −25% | +14% |
| LOW | −33% | −42% | +73% | +36% | −28% | −33% | +46% | +46% | −33% | −38% | +63% | +47% |
| MELI | +40% | −55% | +109% | +54% | −25% | +61% | −23% | +6% | −20% | +33% | −25% | +12% |
| NKE | +42% | +10% | −25% | +29% | −29% | +11% | −31% | −74% | +250% | +10% | −35% | +106% |
| SBUX | +7% | −15% | −24% | +37% | −14% | −14% | −51% | +44% | −76% | +117% | +73% | +102% |
| ORLY | +4% | −13% | −2% | +16% | +3% | −17% | −2% | +25% | +9% | −16% | +1% | +19% |
| RCL | outside | outside | outside | outside | outside | −52% | +35% | +63% | +30% | −52% | +26% | +21% |
| CVNA | outside | outside | outside | outside | outside | outside | +170% | −15% | −20% | +479% | −71% | +24% |
| ABNB | +577% | to loss | turned profitable | +110% | +148% | −66% | −66% | +312% | +115% | −76% | −52% | +427% |
| AZO | +36% | outside | −11% | +27% | +41% | −37% | −13% | +25% | +38% | −36% | −11% | +38% |
| MAR | +5% | +14% | −33% | +39% | −23% | −22% | +48% | +16% | −4% | −38% | +46% | +18% |
| HLT | −7% | −60% | +82% | +61% | −17% | +49% | −40% | +50% | −4% | −28% | +30% | +27% |
| CPNG | outside | outside | outside | outside | outside | outside | outside | −71% | +191% | outside | outside | outside |
| GM | +20% | −28% | +61% | −1% | +6% | to loss | turned profitable | outside | −29% | to loss | turned profitable | −51% |
| CMG | −8% | −13% | +30% | +27% | −15% | −14% | +17% | +14% | −9% | outside | outside | outside |