Best dividend large-cap stocks to invest in 2025

Dividend-paying large-cap stocks are often favored by long-term investors for their combination of financial resilience, consistent income, and the ability to weather market downturns. These companies are typically leaders in their industries and have the scale and cash flow needed to support sustainable dividend payments over time.

Targa Resources has demonstrated robust operational performance, allowing it to offer reliable and attractive dividends to shareholders. Dick's Sporting Goods continues to deliver strong results while maintaining a commitment to increasing shareholder returns through regular payouts. Marathon Petroleum stands out in the energy sector not only for its scale but also for its consistent ability to generate cash and return it to investors.

In addition to those, other strong picks include Canadian Natural Resources, Banco Santander, Valero Energy, and PACCAR – each providing generous dividends and representing some of the most stable large-cap opportunities in today's market. For income-focused investors looking to build wealth steadily, these are some of the best dividend large-cap stocks to consider in 2025.

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Before we dive into each company, let`s take a look at how your investment would have performed if you had invested in stocks mentioned in this article.

Now, let`s take a closer look at each of the companies:

• Rheinmetall (DE:RHM)

  Rheinmetall AG is a German multinational defense and automotive technology company that has established itself as one of Europe`s leading defense contractors and a key supplier of military systems to NATO allies worldwide. Founded in 1889 and headquartered in DГјsseldorf, Germany, the company has evolved from a traditional munitions manufacturer into a comprehensive defense technology provider with expanding global operations. The company has demonstrated strong growth in defense contracts, particularly benefiting from increased European defense spending and military modernization programs following geopolitical tensions.

  The company`s defense portfolio encompasses armored vehicle systems, main battle tanks, infantry fighting vehicles, air defense systems, ammunition, and advanced electronic warfare solutions for modern military operations. Rheinmetall supplies critical defense platforms including the Leopard 2 tank, Puma infantry fighting vehicle, and various air defense systems used by NATO forces and allied nations. With rising global defense expenditure and increasing demand for advanced military technologies, Rheinmetall is strategically positioned to capitalize on European defense modernization programs and the growing need for sophisticated defense systems in response to evolving security threats.

  Rheinmetall financial statements

  Analysts recommendation: 1.8

  Financial Health

  • Return on assets (ROA): 6.75%
  • Return on equity (ROE): 22.42%
  • Return on investment (ROI): 9.8%

  Profitability

  • Gross margin: 52.13%
  • Operating margin: 12.16%
  • Net profit margin: 7.64%

  Growth

  • EPS (past 5 years): 22.6%
  • EPS (current): 18.77
  • EPS estimate (next quarter): 20.2
  • EPS growth (this year): 8.5%
  • EPS growth (next year): 28.4%
  • EPS growth (next 5 years): 18.7%
  • EPS growth (quarter-over-quarter): 42.1%
  • Sales growth (past 5 years): 15.3%
  • Sales growth (quarter-over-quarter): 13.3%

  💡 Why invest in Rheinmetall?

  Like a precision-engineered armored vehicle that dominates the battlefield, Rheinmetall demonstrates several compelling strengths that make it an attractive investment in the expanding European defense sector:

  • European Defense Leadership: Rheinmetall ranks among Europe`s top defense contractors with dominant market positions in armored vehicles, ammunition, and air defense systems, creating substantial competitive advantages.
  • NATO Modernization Beneficiary: The company is perfectly positioned to benefit from NATO`s commitment to increase defense spending to 2% of GDP and widespread military modernization programs across European allied nations.
  • Advanced Military Technologies: Rheinmetall develops cutting-edge defense technologies including next-generation combat vehicles, electronic warfare systems, and smart ammunition that command premium pricing and technology leadership.
  • Diversified Defense Portfolio: The company`s comprehensive defense capabilities span land systems, air defense, ammunition, and automotive components, reducing dependence on single programs while creating cross-selling opportunities.

  🐌 Key considerations before investing in Rheinmetall

  However, like operating in contested territory where threats can emerge from multiple directions, Rheinmetall faces several significant challenges that defense investors must carefully evaluate:

  • Government Budget Volatility: Heavy reliance on government defense spending makes the company vulnerable to budget cuts, political changes, and shifts in military priorities that could impact contract values and growth prospects.
  • Geopolitical Risk Dependency: Rheinmetall`s growth is closely tied to geopolitical tensions and conflicts, creating uncertainty as peace developments or changing threat perceptions could significantly reduce defense demand.
  • Regulatory Export Restrictions: German export controls and EU regulations can limit international sales opportunities, particularly to certain regions, constraining growth potential in global defense markets and revenue expansion.
  • Defense Market Competition: The company faces intense competition from established defense contractors like BAE Systems, Lockheed Martin, and General Dynamics, pressuring margins, market share, and pricing power.

  Final thoughts on Rheinmetall

  Rheinmetall`s leadership in European defense, strategic positioning within NATO modernization programs, and advanced military technologies create compelling opportunities for investors seeking exposure to the growing defense sector. However, the company`s dependence on defense budgets, geopolitical factors, regulatory restrictions, and competitive pressures require careful evaluation of the complex dynamics in defense markets. Like a battle-tested commander who combines tactical expertise with strategic vision, Rheinmetall leverages its engineering excellence and market position to navigate the evolving defense landscape while delivering reliable performance for long-term investors.

• UniCredit (MI:UCG)

  UniCredit Commercial Bank is a leading European financial institution providing banking and financial services to individuals, businesses, and corporations. Founded in 1998 through the merger of several Italian banks, UniCredit is headquartered in Milan, Italy. With a strong presence in over a dozen countries, the bank plays a crucial role in the European financial sector, offering a wide range of services tailored to diverse customer needs.

  The bank`s core business focuses on retail and corporate banking, investment banking, asset management, and financial advisory services. UniCredit serves millions of clients across Europe, offering loans, credit services, payment solutions, and wealth management. With a strong emphasis on digital transformation and sustainability, UniCredit continues to expand its financial solutions while maintaining a solid risk management framework to support economic growth and stability.

  UniCredit financial statements

  Analysts recommendation: N/A

  Financial Health

  • Return on assets (ROA): 1.28%
  • Return on equity (ROE): 16.21%
  • Return on investment (ROI): N/A

  Profitability

  • Gross margin: 0%
  • Operating margin: 60.69%
  • Net profit margin: 43.13%

  Growth

  • EPS (past 5 years): N/A
  • EPS (current): 6.61
  • EPS estimate (next quarter): N/A
  • EPS growth (this year): 31.7%
  • EPS growth (next year): N/A
  • EPS growth (next 5 years): N/A
  • EPS growth (quarter-over-quarter): N/A
  • Sales growth (past 5 years): N/A
  • Sales growth (quarter-over-quarter): 1.1%

  💡 Why invest in UniCredit?

  Like a skilled financial conductor orchestrating complex European banking operations, UniCredit creates value through strategic positioning and operational excellence:

  • European Banking Leadership: UniCredit operates as one of Europe`s largest banking institutions with significant market presence across Italy, Germany, and Central and Eastern Europe, providing diversified revenue streams.
  • Strategic Banking Restructuring: Recent comprehensive restructuring efforts have substantially improved the bank`s profitability metrics, capital ratios, and operational efficiency while strengthening its competitive market position.
  • Consistent Capital Distribution: The bank`s well-capitalized balance sheet and improved financial performance enable consistent capital returns to shareholders through regular dividends and strategic share buyback programs.
  • Digital Technology Investment: UniCredit invests heavily in fintech partnerships and digital banking infrastructure, enhancing customer experience while driving operational cost efficiencies and competitive advantages in European markets.

  🐌 Key considerations before investing in UniCredit

  Even the most strategically positioned European banks face headwinds from economic cycles and regulatory pressures that can impact their ability to deliver consistent returns:

  • European Economic Vulnerability: UniCredit`s extensive exposure to European economies makes it vulnerable to regional financial downturns, interest rate fluctuations, and sovereign debt concerns that impact lending volumes.
  • Strict Regulatory Pressure: Stricter European Union banking regulations and ECB oversight impose significant capital requirements and operational constraints that limit strategic flexibility and profitability.
  • Credit Risk Management: The bank`s substantial loan portfolio, including corporate and sovereign debt exposures, presents ongoing default risks during economic slowdowns that require continuous provisioning.
  • European Banking Competition: UniCredit faces intense competition from established European banking giants and innovative fintech challengers, pressuring margins while requiring continuous technology investment.

  Final thoughts on UniCredit

  UniCredit`s leadership position in European banking and successful restructuring efforts create compelling opportunities in European financial services. However, investors must consider economic sensitivity and regulatory complexities that characterize the European banking environment. Like a master conductor leading a complex financial orchestra, UniCredit`s ability to harmonize diverse market operations while maintaining operational excellence becomes increasingly valuable as European banking evolves.

• Saab (ST:SAAB-B)

  Saab AB is a premier Swedish defense and aerospace company specializing in advanced fighter aircraft, naval systems, and electronic warfare technologies for NATO allies and international defense customers worldwide. Founded in 1937 and headquartered in Stockholm, Sweden, the company has evolved from an aircraft manufacturer into a comprehensive defense technology provider with cutting-edge capabilities in military aviation, submarine systems, and radar technologies. The company has demonstrated strong growth in defense contracts, particularly benefiting from increased European defense spending and NATO modernization programs following heightened geopolitical tensions in Northern Europe and the Baltic region.

  The company`s core business revolves around the Gripen fighter aircraft, advanced radar and sensor systems, submarine technologies, missile systems, and integrated command and control solutions for military operations. Saab`s products are integral to critical defense capabilities including air defense networks, electronic warfare, maritime security, and battlefield management systems used by NATO forces and allied nations. With rising global defense expenditure and increasing demand for advanced military technologies, Saab is strategically positioned to capitalize on European defense modernization programs and the growing need for sophisticated defense systems in response to evolving security threats across NATO`s northern and eastern flanks.

  Saab financial statements

  Analysts recommendation: N/A

  Financial Health

  • Return on assets (ROA): 3.99%
  • Return on equity (ROE): 13.55%
  • Return on investment (ROI): N/A

  Profitability

  • Gross margin: 22%
  • Operating margin: 8.59%
  • Net profit margin: 7.18%

  Growth

  • EPS (past 5 years): N/A
  • EPS (current): 9.59
  • EPS estimate (next quarter): N/A
  • EPS growth (this year): -1.1%
  • EPS growth (next year): N/A
  • EPS growth (next 5 years): N/A
  • EPS growth (quarter-over-quarter): N/A
  • Sales growth (past 5 years): N/A
  • Sales growth (quarter-over-quarter): 17.2%

  💡 Why invest in Saab?

  Like a precision-engineered Gripen fighter aircraft that combines agility with advanced capabilities, Saab demonstrates several compelling strengths that make it an attractive investment in the expanding European defense sector:

  • Nordic Defense Leadership: Saab holds dominant market positions in fighter aircraft, radar systems, and electronic warfare across Northern European defense markets, creating substantial competitive advantages and high barriers to entry.
  • Defense Technology Innovation: The company invests approximately 25% of annual revenue into defense R&D, developing next-generation military technologies in electronic warfare, autonomous systems, and stealth capabilities.
  • NATO Spending Beneficiary: Saab benefits from NATO`s commitment to increase defense spending to 2% of GDP and widespread military modernization programs across European allied nations driven by geopolitical tensions.
  • Defense Export Strategy: The company has successfully expanded its global defense footprint beyond Europe with strategic military partnerships in Asia, Middle East, and the Americas, creating diversified revenue streams.

  🐌 Key considerations before investing in Saab

  However, like navigating a fighter jet through hostile airspace where multiple threats can compromise mission success, Saab faces several significant challenges that defense investors must carefully evaluate:

  • European Budget Volatility: Heavy reliance on European defense spending makes the company vulnerable to budget cuts, political changes, and shifts in military priorities that could impact contract values and growth prospects.
  • Defense Sector Competition: Saab faces intense competition from larger defense contractors like Lockheed Martin, BAE Systems, and Thales, which have superior resources, global reach, and established military relationships.
  • Defense Export Restrictions: As a Swedish defense contractor, Saab faces strict export controls, arms transfer regulations, and potential political restrictions that can limit international sales opportunities.
  • Complex Program Execution: Major defense development programs like fighter aircraft and submarine systems involve significant technical challenges, potential delays, and cost overruns that could impact profitability.

  Final thoughts on Saab

  Saab`s leadership in Nordic defense systems, technological innovation in military capabilities, and strategic positioning within European security frameworks create compelling opportunities for investors seeking exposure to the growing defense technology sector. However, the company`s exposure to defense budget volatility, competitive pressures, export restrictions, and complex program execution risks require careful evaluation of the specialized dynamics in defense markets. Like a sophisticated radar system that detects threats beyond the horizon, Saab combines technological excellence with strategic vision to navigate geopolitical complexities while delivering advanced defense solutions for NATO allies and partner nations worldwide.

• Kongsberg (OL:KOG)

  Kongsberg Gruppen is a premier Norwegian defense and technology company specializing in advanced weapon systems, military electronics, and defense solutions for NATO allies and international defense customers worldwide. Founded in 1814 and headquartered in Kongsberg, Norway, the company has evolved from a traditional defense contractor into a global leader in missile systems, remote weapon stations, and advanced military technologies. The company has demonstrated strong growth in defense contracts, particularly benefiting from increased European defense spending and NATO modernization programs following heightened geopolitical tensions.

  The company`s defense portfolio encompasses advanced missile systems including Naval Strike Missile (NSM) and Joint Strike Missile (JSM), remote weapon stations for military vehicles, air defense systems, and specialized defense electronics for military platforms. Kongsberg`s products are integral to critical defense capabilities including anti-ship warfare, air defense networks, and vehicle protection systems used by NATO forces and allied nations. With rising global defense expenditure and increasing demand for advanced military technologies, Kongsberg is strategically positioned to capitalize on European defense modernization programs and the growing need for sophisticated weapon systems.

  Kongsberg financial statements

  Analysts recommendation: N/A

  Financial Health

  • Return on assets (ROA): 6.85%
  • Return on equity (ROE): 36.74%
  • Return on investment (ROI): N/A

  Profitability

  • Gross margin: 59%
  • Operating margin: 15.2%
  • Net profit margin: 12.93%

  Growth

  • EPS (past 5 years): N/A
  • EPS (current): 8.01
  • EPS estimate (next quarter): N/A
  • EPS growth (this year): 25.3%
  • EPS growth (next year): N/A
  • EPS growth (next 5 years): N/A
  • EPS growth (quarter-over-quarter): N/A
  • Sales growth (past 5 years): N/A
  • Sales growth (quarter-over-quarter): 11.6%

  💡 Why invest in Kongsberg?

  Like a precision-guided missile that strikes its target with unerring accuracy, Kongsberg demonstrates several compelling strengths that make it an attractive investment in the expanding European defense sector:

  • NATO Defense Integration: Kongsberg`s missile systems and remote weapon stations are deeply integrated into NATO defense infrastructure, creating long-term revenue streams through procurement programs and strategic partnerships.
  • Norwegian Defense Leadership: The company holds dominant market positions in anti-ship missiles, vehicle protection systems, and defense electronics across European markets, providing substantial competitive advantages.
  • Defense Spending Tailwinds: Kongsberg benefits from NATO`s commitment to increase defense spending to 2% of GDP and widespread military modernization programs across European allied nations driven by tensions.
  • Advanced Military Technology: The company`s expertise in precision strike capabilities, autonomous systems, and integrated defense solutions creates significant technological advantages and premium pricing power.

  🐌 Key considerations before investing in Kongsberg

  However, like operating advanced weapon systems in contested battlespaces where multiple threats can compromise mission success, Kongsberg faces several significant challenges that defense investors must carefully evaluate:

  • Defense Budget Volatility: Heavy reliance on European defense spending makes the company vulnerable to budget cuts, political changes, and shifts in military priorities that could impact contract values and growth.
  • Export Control Restrictions: As a defense contractor, Kongsberg faces strict export controls, arms transfer regulations, and potential sanctions that can limit international sales opportunities and create compliance challenges.
  • Program Execution Risks: Complex military development programs and large-scale defense contracts face potential delays, cost overruns, and technical challenges that could impact profitability and ministry relationships.
  • Global Defense Competition: Kongsberg faces intense competition from established defense contractors like Raytheon, MBDA, and Lockheed Martin, which have superior resources, global reach, and established relationships.

  Final thoughts on Kongsberg

  Kongsberg`s leadership in European defense systems, strategic integration with NATO military capabilities, and advanced weapon technologies create compelling opportunities for investors seeking exposure to the growing European defense sector. However, the company`s exposure to defense budget volatility, export restrictions, program execution risks, and competitive pressures require careful evaluation of the complex dynamics in defense markets. Like a battle-hardened commander who combines tactical precision with strategic vision, Kongsberg leverages its technological excellence and defense relationships to navigate geopolitical complexities while delivering mission-critical systems for allied forces worldwide.

• Targa Resources (NYSE:TRGP)

  Targa Resources is a leading provider of midstream energy services, specializing in the gathering, processing, storage, and transportation of natural gas and natural gas liquids (NGLs). Founded in 2005, the company is headquartered in Houston, Texas, and has grown into one of the largest independent midstream operators in North America. With an extensive infrastructure network, Targa plays a critical role in ensuring the efficient movement of energy products from production sites to end markets.

  The company`s core business revolves around natural gas processing, NGL fractionation, and logistics services. Targa operates an expansive network of pipelines, storage facilities, and export terminals, facilitating the transportation of key energy commodities. Focused on growth and sustainability, the company continues to expand its asset base while integrating advanced technology to enhance operational efficiency.

  Targa Resources financial statements

  Analysts recommendation: 1.29

  Financial Health

  • Return on assets (ROA): 8.45%
  • Return on equity (ROE): 49.85%
  • Return on investment (ROI): 8.31%

  Profitability

  • Gross margin: 35.99%
  • Operating margin: 20.16%
  • Net profit margin: 9.95%

  Growth

  • EPS (past 5 years): N/A
  • EPS (current): 7.43
  • EPS estimate (next quarter): 2.3
  • EPS growth (this year): 25.7%
  • EPS growth (next year): 13.01%
  • EPS growth (next 5 years): 24.83%
  • EPS growth (quarter-over-quarter): 25.96%
  • Sales growth (past 5 years): 13.89%
  • Sales growth (quarter-over-quarter): 7.8%

  💡 Why invest in Targa Resources?

  Targa combines large-scale midstream infrastructure with NGL processing and logistics to offer fee-based cash flow exposure while pursuing accretive growth projects:

  • Midstream Scale Advantage: Targa operates a broad gathering, processing, storage and pipeline network across core U.S. shale basins, delivering largely fee-based revenues and scale advantages that smooth cash flow volatility.
  • NGL Integration Benefits: Integrated fractionation, logistics and export capabilities let Targa capture incremental value along the liquids chain, improving realized margins on NGLs and providing commercial optionality.
  • Growth Discipline Focus: A disciplined capital program targets high-return expansions and connectivity projects that increase throughput and basin optionality while preserving leverage targets and cash distribution flexibility.
  • Contracted Volume Security: Long-term agreements and deep producer relationships underpin a meaningful portion of contracted throughput, providing predictable revenue backstops and reducing exposure to commodity cycles.

  🐌 Key considerations before investing in Targa Resources

  Targa`s midstream exposure carries execution, commodity and regulatory risks that can pressure short-term cash flow and project timelines:

  • Commodity Price Exposure: Despite fee-based components, a non-trivial portion of economic value depends on liquids and natural gas price spreads and basis differentials that can compress realized netbacks and reduce cash.
  • Project Execution Risks: Infrastructure expansions and fractionation projects carry construction, permitting and commissioning risks where delays or cost overruns can defer expected returns and depress growth visibility.
  • Pipeline Regulatory Risk: Tighter environmental regulations, pipeline safety rules and permitting friction can increase compliance costs, slow new project approvals, and alter project economics for midstream expansions.
  • Midstream Competitive Pressure: Regional and national midstream peers, plus integrated energy companies, compete for throughput and commercial terms, potentially forcing contractual concessions that reduce near-term margin capture.

  Final thoughts on Targa Resources

  Targa`s scale, integrated NGL capabilities and disciplined project focus create a compelling long-term midstream case, but execution, commodity basis risk and regulatory uncertainty can compress near-term cash flows. Investors should assess these trade-offs and the company`s capital prioritization. Overall, Targa suits those seeking fee-based energy infrastructure with some commodity linkage.

• Imperial Oil (NYSE:IMO)

  Imperial Oil Limited is one of Canada`s largest integrated oil and gas companies, engaged in the exploration, production, refining, and marketing of petroleum products. Founded in 1880, the company has played a significant role in developing Canada`s energy sector for over a century. Imperial Oil operates major upstream assets in the oil sands and conventional production, while its downstream operations include refining and distributing fuel and lubricants across the country.

  Backed by its majority shareholder, ExxonMobil, Imperial Oil benefits from advanced technologies and global expertise in energy development. The company is focused on enhancing operational efficiency, reducing emissions, and investing in innovation to maintain its competitive edge. As energy markets evolve, Imperial Oil continues to adapt by balancing its traditional fossil fuel operations with emerging sustainability initiatives to support a lower-carbon future.

  Imperial Oil financial statements

  Analysts recommendation: 3.63

  Financial Health

  • Return on assets (ROA): 8.66%
  • Return on equity (ROE): 16.91%
  • Return on investment (ROI): 14.27%

  Profitability

  • Gross margin: 18.73%
  • Operating margin: 11.59%
  • Net profit margin: 8.27%

  Growth

  • EPS (past 5 years): 24.83%
  • EPS (current): 5.55
  • EPS estimate (next quarter): 1.35
  • EPS growth (this year): -54.1%
  • EPS growth (next year): -3.13%
  • EPS growth (next 5 years): -0.92%
  • EPS growth (quarter-over-quarter): -54.56%
  • Sales growth (past 5 years): 7.99%
  • Sales growth (quarter-over-quarter): -9.2%

  💡 Why invest in Imperial Oil?

  Imperial Oil offers several potential advantages for investors seeking exposure to the energy sector:

  • Integrated Business Model: With operations spanning upstream, downstream, and chemical segments, Imperial Oil Ltd. benefits from a diversified revenue stream that provides stability across commodity cycles and market conditions.
  • Strong Market Position: As one of Canada`s largest integrated oil companies, Imperial Oil enjoys a strong market position and brand recognition with established distribution networks and customer relationships.
  • Sustainability Technology Efforts: The company is committed to environmental stewardship and has invested in advanced technologies to reduce its environmental impact while maintaining operational efficiency and competitiveness.
  • Dividend Payment History: Imperial Oil has a long history of paying dividends to shareholders, making it attractive to income-oriented investors seeking reliable cash returns from energy sector investments.

  🐌 Key considerations before investing in Imperial Oil

  However, before investing in Imperial Oil, it`s crucial to consider these potential challenges:

  • Crude Price Volatility: Oil and gas prices are highly volatile, directly impacting the company`s profitability and cash flow generation, which can affect dividend sustainability and capital investment decisions.
  • Energy Regulatory Challenges: The energy industry is subject to extensive regulations, including environmental and tax policies, which can significantly affect operations, compliance costs, and long-term strategic planning.
  • Global Political Risk: Global political events and trade tensions can substantially impact oil and gas prices and the overall energy market, affecting Imperial Oil`s revenue and operational stability significantly.
  • Climate Transition Risks: The global transition to cleaner energy sources could pose significant long-term challenges for traditional oil and gas companies, potentially affecting future demand and investment returns.

  Final thoughts on Imperial Oil

  Imperial Oil`s integrated business model, strong market position, and focus on sustainable development make it an attractive investment for those seeking exposure to the energy sector. However, commodity price volatility, regulatory risks, geopolitical factors, and the global energy transition necessitate careful consideration. Thorough research on Imperial Oil`s production, refining, and marketing activities, as well as its sustainability initiatives, is crucial before investing.

• mBank (WA:MBK)

  mBank S.A. is one of Poland`s leading commercial banks, serving both retail and corporate customers through innovative digital banking solutions and traditional branch services. Founded in 1986 and headquartered in Warsaw, the bank is a subsidiary of Commerzbank AG and has established itself as a pioneer in digital banking transformation within the Polish financial sector. The bank has demonstrated strong financial performance with consistent profitability and has been recognized for its technological innovation and customer service excellence in the competitive Polish banking market.

  The bank operates comprehensive retail banking services including personal accounts, mortgages, and consumer loans for individual customers across Poland and neighboring markets. The company provides corporate banking solutions for small and medium enterprises and large corporations with specialized financial products tailored to diverse business needs. Through digital transformation initiatives, mBank offers advanced mobile banking applications, online services, and fintech partnerships that enhance customer experience and operational efficiency.

  mBank financial statements

  Analysts recommendation: 2.2

  Financial Health

  • Return on assets (ROA): 1.4%
  • Return on equity (ROE): 19.51%
  • Return on investment (ROI): 4.2%

  Profitability

  • Gross margin: 0%
  • Operating margin: 61.09%
  • Net profit margin: 28.98%

  Growth

  • EPS (past 5 years): 6.3%
  • EPS (current): 82
  • EPS estimate (next quarter): 16.8
  • EPS growth (this year): 45.9%
  • EPS growth (next year): 8.7%
  • EPS growth (next 5 years): 9.5%
  • EPS growth (quarter-over-quarter): 14.2%
  • Sales growth (past 5 years): 5.8%
  • Sales growth (quarter-over-quarter): 1%

  💡 Why invest in mBank?

  Like a modern financial fortress that combines traditional banking strength with cutting-edge digital innovation, mBank demonstrates compelling advantages in the evolving Polish banking sector:

  • Digital Banking Pioneer: mBank leads Polish digital banking transformation with award-winning mobile apps and online services that attract tech-savvy customers and reduce operational costs significantly through innovation.
  • Leading Digital Position: The bank maintains a solid market share in Polish retail and corporate banking with diversified revenue streams and established customer relationships across multiple business segments.
  • German Commerzbank Support: As a subsidiary of Commerzbank AG, mBank benefits from international expertise, capital support, and access to advanced banking technologies and comprehensive risk management systems.
  • Corporate Banking Growth: The bank`s corporate banking division shows strong growth potential with expanding SME services and specialized solutions for Poland`s growing business sector and economic development.

  🐌 Key considerations before investing in mBank

  However, like navigating turbulent financial waters where regulatory storms and competitive pressures create challenges, mBank faces several risks that investors must carefully evaluate:

  • Polish Regulatory Environment: Polish banking sector faces increasing regulatory scrutiny and potential changes in banking taxes or mortgage regulations that could impact profitability and operational flexibility significantly.
  • Banking Intense Competition: The Polish banking market is highly competitive with both domestic banks and international players competing aggressively on pricing, services, and digital offerings for customers.
  • Domestic Economic Dependence: The bank`s performance is closely tied to Polish economic conditions, interest rates, and consumer confidence, making it vulnerable to economic downturns or significant policy changes.
  • European Foreign Exchange: As a subsidiary of German Commerzbank, mBank faces currency exchange risks and potential impacts from European banking regulations and economic conditions across multiple regional markets.

  Final thoughts on mBank

  mBank`s digital banking leadership, strong market position, and Commerzbank backing create compelling opportunities for investors seeking exposure to Poland`s growing financial sector. However, the bank`s exposure to regulatory changes, intense competition, economic sensitivity, and foreign exchange risks require careful evaluation of the challenges in Polish banking. Like a skilled navigator who combines traditional banking wisdom with modern digital tools, mBank offers balanced potential for investors who understand both the opportunities and complexities of the Polish financial market.

• Marathon Petroleum (NYSE:MPC)

  Marathon Petroleum Corporation is a leading downstream energy company specializing in refining, marketing, and distributing petroleum products across the United States. It operates one of the largest refining systems in the country, with facilities strategically located to optimize production and logistics. The company supplies fuel to thousands of retail locations under the Speedway and Marathon brands, making it a key player in the U.S. fuel market.

  Beyond traditional refining, Marathon Petroleum is focused on operational efficiency, cost management, and sustainability initiatives. The company has been investing in renewable fuels, including biodiesel and renewable diesel, to align with evolving energy demands. With a strong infrastructure network and a commitment to innovation, Marathon Petroleum continues to adapt to industry shifts while maintaining its position as a dominant force in the energy sector.

  Marathon Petroleum financial statements

  Analysts recommendation: 2.14

  Financial Health

  • Return on assets (ROA): 3.87%
  • Return on equity (ROE): 18.89%
  • Return on investment (ROI): 5.85%

  Profitability

  • Gross margin: 9.31%
  • Operating margin: 4.97%
  • Net profit margin: 2.16%

  Growth

  • EPS (past 5 years): 20.52%
  • EPS (current): 9.4
  • EPS estimate (next quarter): 3.75
  • EPS growth (this year): 141.2%
  • EPS growth (next year): 41.71%
  • EPS growth (next 5 years): 15.06%
  • EPS growth (quarter-over-quarter): 140.19%
  • Sales growth (past 5 years): 4.63%
  • Sales growth (quarter-over-quarter): -0.8%

  💡 Why invest in Marathon Petroleum?

  Marathon Petroleum operates a vast refining and downstream network with integrated midstream and retail exposure, delivering diversified routes to cash generation that matter to investors focused on energy infrastructure resilience:

  • Refining Scale Advantage: Marathon`s refining system processes millions of barrels daily across multiple facilities, producing scale-driven margins and cogent cash flow generation supported by long-term supply agreements.
  • Midstream Integration Benefits: Through its midstream and MPLX relationships Marathon captures value across the hydrocarbon chain, improving margin capture, enhancing product optionality, and providing regional resilience.
  • Extensive Retail Footprint: An extensive branded retail network provides direct-to-consumer exposure and a stable demand channel that complements refining margins and distributes downstream earnings across a broad, resilient retail base.
  • Renewables Pivot Strategy: Marathon`s investments in renewable diesel and alternative fuels position the company to adapt to shifting energy demand while leveraging existing refining assets for lower-carbon production.

  🐌 Key considerations before investing in Marathon Petroleum

  Marathon faces cyclical margin risk, regulatory and environmental pressures, and executional complexity as it balances refining economics with a transition to lower-carbon fuels:

  • Margin Cyclicality Risk: Refining margins and feedstock economics are cyclical and highly sensitive to global crude spreads and product demand; adverse swings can compress cash flow and pressure capital allocation.
  • Strict Regulatory Exposure: Stricter emissions standards, renewable fuel mandates, and changing fuel specifications can raise compliance costs, require capital upgrades, and alter product slates in ways that weigh on near-term returns.
  • Complex Integration Challenges: Managing a large, integrated downstream and retail platform requires execution across operations and logistics; missteps in capital projects or supply chain coordination can erode expected returns.
  • Transition Risk Exposure: While pivoting to renewable diesel and other lower-carbon fuels offers strategic upside, these ventures require significant capital and favorable economics that are not guaranteed.

  Final thoughts on Marathon Petroleum

  Marathon Petroleum`s refining scale, midstream integration, and extensive retail footprint create compelling opportunities for investors seeking exposure to the downstream energy sector with diversified cash flow generation across the hydrocarbon value chain. However, investors must carefully consider the company`s exposure to cyclical refining margins, regulatory compliance costs, and execution challenges associated with managing a complex integrated platform while transitioning to lower-carbon fuels. For investors seeking income-oriented exposure to the energy sector with an appetite for cyclical refining economics and strategic positioning in the evolving fuel landscape, Marathon Petroleum represents a significant downstream energy opportunity.

• Erste Group Bank (VI:EBS)

  Erste Group Bank is a leading financial services provider in Central and Eastern Europe, offering a broad range of banking products and services to retail, corporate, and institutional clients. The bank was founded in 1819 as "Erste Г¶sterreichische Spar-Casse" in Vienna, Austria, making it one of the oldest financial institutions in the region. Over the years, Erste Group has expanded significantly through strategic acquisitions and organic growth, becoming a key player in the European banking sector.

  The bank`s core business focuses on retail and corporate banking, asset management, and investment banking, serving millions of customers across Austria, Czech Republic, Slovakia, Hungary, Romania, Croatia, and Serbia. Erste Group is recognized for its digital banking innovations, particularly through its George platform, which enhances customer access to financial services and operational efficiency. With a strong emphasis on financial inclusion and sustainable growth, Erste Group continues to drive economic development across Central and Eastern European markets.

  Erste Group Bank financial statements

  Analysts recommendation: 2.33

  Financial Health

  • Return on assets (ROA): 1.11%
  • Return on equity (ROE): 12.33%
  • Return on investment (ROI): 11.52%

  Profitability

  • Gross margin: 0%
  • Operating margin: 50.49%
  • Net profit margin: 28.96%

  Growth

  • EPS (past 5 years): N/A
  • EPS (current): 7.45
  • EPS estimate (next quarter): 0.05
  • EPS growth (this year): 2.8%
  • EPS growth (next year): -12.39%
  • EPS growth (next 5 years): N/A
  • EPS growth (quarter-over-quarter): 95.89%
  • Sales growth (past 5 years): -1.15%
  • Sales growth (quarter-over-quarter): 2.7%

  💡 Why invest in Erste Group Bank?

  Like a skilled regional banking pioneer building financial bridges across Central and Eastern Europe, Erste Group creates value through strategic positioning and operational excellence:

  • Regional Market Leadership: Erste Group operates as one of Central and Eastern Europe`s largest banking institutions, benefiting from strong regional economic growth and maintaining dominant market positions across key markets.
  • Diversified Business Model: The bank maintains a well-balanced business model spanning retail banking, corporate lending, asset management, and insurance services, creating multiple revenue streams that reduce dependency.
  • George Platform Innovation: Erste Group invests heavily in digital banking infrastructure through its innovative George platform, enhancing customer engagement while improving operational efficiency and competitive positioning.
  • Strong Financial Position: The bank demonstrates consistent profitability, maintains strong capital ratios, and exhibits solid asset quality metrics compared to European banking peers, reflecting effective risk management.

  🐌 Key considerations before investing in Erste Group Bank

  Even the most strategically positioned regional banks face headwinds from economic cycles and competitive pressures that can impact their ability to deliver consistent returns:

  • Emerging Market Exposure: Erste Group`s significant operations in Central and Eastern European economies make earnings vulnerable to regional economic volatility, political instability, and currency fluctuations.
  • Complex Regulatory Environment: The bank operates under strict European Central Bank regulations and multiple national regulatory frameworks, creating compliance costs and capital requirements that limit flexibility.
  • Interest Rate Sensitivity: Changes in European Central Bank interest rate policies and monetary policy shifts can significantly affect the bank`s net interest margins, profitability, and overall financial performance.
  • Regional Banking Competition: Erste Group faces intense competition from established local banks and international financial institutions operating across Austria and Central and Eastern Europe, pressuring margins and market share.

  Final thoughts on Erste Group Bank

  Erste Group Bank`s leadership position in Central and Eastern European banking, combined with its innovative digital transformation through the George platform, creates compelling opportunities for investors seeking exposure to high-growth regional markets with strong demographic and economic fundamentals. However, investors must carefully consider the bank`s emerging market exposure, complex regulatory environment, interest rate sensitivity, and competitive pressures that characterize the CEE banking landscape and can impact profitability and growth trajectories. For investors seeking diversified European banking exposure with a focus on digital innovation and regional economic development, Erste Group represents a strategic opportunity to participate in Central and Eastern European financial market growth.

• HOCHTIEF (DE:HOT)

  HOCHTIEF AG is a global infrastructure and construction services provider active in Europe, North America, Australia, and the Asia-Pacific region. Founded in 1873 and headquartered in Essen, Germany, the company undertakes large-scale commercial, civil, and transport infrastructure projects worldwide. In fiscal 2024, it achieved a 10.2% increase in sales to 33.3 billion and a 48% rise in net profit to 776 million, and for fiscal 2025 it expects operational net profit of 680 million to 730 million.

  HOCHTIEF`s core business is organized into four principal segments: Turner in the U.S., CIMIC Group in the Australia-Pacific region, Engineering & Construction in Europe and North America, and a 20% stake in toll-road operator Abertis. Turner delivers complex facility construction and management services across healthcare, education, airports, sports venues, and data centres. CIMIC focuses on infrastructure, resources, and rail services, while the Engineering & Construction division and the Abertis investment provide civil engineering, PPP, and transport infrastructure solutions, leveraging digital tools and risk-sharing models to optimize project delivery.

  HOCHTIEF financial statements

  Analysts recommendation: N/A

  Financial Health

  • Return on assets (ROA): 1.82%
  • Return on equity (ROE): 100.88%
  • Return on investment (ROI): N/A

  Profitability

  • Gross margin: 25.83%
  • Operating margin: 3.53%
  • Net profit margin: 2.25%

  Growth

  • EPS (past 5 years): N/A
  • EPS (current): 11.31
  • EPS estimate (next quarter): N/A
  • EPS growth (this year): 22.4%
  • EPS growth (next year): N/A
  • EPS growth (next 5 years): N/A
  • EPS growth (quarter-over-quarter): N/A
  • Sales growth (past 5 years): N/A
  • Sales growth (quarter-over-quarter): 9.1%

  💡 Why invest in HOCHTIEF?

  HOCHTIEF AG offers several compelling reasons to consider investing:

  • Global Operations Diversification: With major footprints across four continents and multiple business segments, HOCHTIEF mitigates regional downturns and captures growth opportunities in varied international markets.
  • Strong Financial Growth: The company delivered impressive double-digit sales growth and nearly 50% net profit increase in 2024, demonstrating exceptional operational execution and effective pricing power across key markets.
  • Market Leadership Position: Turner and CIMIC hold leading positions in their respective regions, giving HOCHTIEF a significant competitive edge in securing high-value, complex infrastructure projects with strong margins.
  • Project Backlog Visibility: A strengthened order book driven by long-term PPP and concession contracts provides excellent revenue transparency and underpins medium-term growth prospects with predictable cash flows.

  🐌 Key considerations before investing in HOCHTIEF

  However, prospective investors should weigh the following challenges:

  • Economic Cycle Sensitivity: Construction demand ebbs and flows with broader economic cycles, making revenue and profit highly sensitive to economic downturns, recession risks, and changing market conditions that impact operations.
  • Capital Intensive Operations: Large infrastructure projects necessitate significant upfront investment and leverage, which can strain balance-sheet flexibility if financing conditions tighten or interest rates rise.
  • Regulatory Political Risks: Dependence on public-private partnerships and government contracts exposes the company to policy shifts, permitting delays, and compliance hurdles that can affect project approvals.
  • Complex Integration Challenges: Managing a diverse global portfolio including its Abertis stake and multiple international divisions can introduce execution risks and operational inefficiencies that may impact performance.

  Final thoughts on HOCHTIEF

  HOCHTIEF AG stands out as a global leader in infrastructure and construction, underpinned by diversified operations, strong 2024 financial performance, and clear backlog visibility. Its leadership in key regions and market segments supports a resilient medium-term outlook. However, investors should weigh the inherent cyclicality of the construction industry, significant capital demands, and regulatory complexities when considering HOCHTIEF for long-term portfolios.

If you are interested in other stock categories, check out my other lists of the best dividend large-cap stocks.