In this article, we discuss 5 high growth non-tech stocks that are profitable. If you want to see more high growth non-tech stocks that are profitable, the risk/reward, and methodology of this list, go directly to 16 High Growth Non-Tech Stocks That Are Profitable.
5. Dollar Tree, Inc. (NASDAQ:DLTR)
EPS Next 5 Year Ratio According to FINVIZ.com: 17.22%
Net Income (TTM) as of October 31, 2022: $1.617 billion
Dollar Tree, Inc. (NASDAQ:DLTR) is a leading discount chain that has an EPS Next 5 Year Ratio of 17.22% according to FINVIZ.com. While the company might have long term EPS growth potential, Dollar Tree, Inc. (NASDAQ:DLTR) recently guided for annual profit well below estimates as the company expects 2023 profit of between $6.30 per share to $6.80 per share versus the analyst estimate of $7.78 per share. Higher wages and freight costs as well as weaker than expected demand for discretionary items have been headwinds for Dollar Tree, Inc. (NASDAQ:DLTR). As a result of a potentially weaker than expected 2023, the company might not grow its earnings as much as previously expected over the next 5 years. The company had a net income of $1.617 billion in the trailing twelve months as of October 31, 2022.
4. Starbucks Corporation (NASDAQ:SBUX)
EPS Next 5 Year Ratio According to FINVIZ.com: 18.02%
Net Income (TTM) as of December 31, 2022: $3.321 billion
Starbucks Corporation (NASDAQ:SBUX) is a leading coffee chain that has a forward P/E ratio of 25.03 and a dividend yield of 2.08% as of March 1. In 2022, Starbucks Corporation (NASDAQ:SBUX) had a net income of $3.321 billion, which gives it potential capital it needs to continue to expand. In terms of estimates, analysts expect the company to earn $3.39 per share for FY2023, $4.07 per share for FY 2024, and $4.75 per share for FY2025. By comparison, analysts expected Starbucks Corporation (NASDAQ:SBUX) to earn $2.87 per share for FY2022. Starbucks Corporation (NASDAQ:SBUX) has an EPS Next 5 Year Ratio of 18.02%.
3. The Charles Schwab Corporation (NYSE:SCHW)
EPS Next 5 Year Ratio According to FINVIZ.com: 18.46%
Net Income (TTM) as of December 31, 2022: $7.183 billion
The Charles Schwab Corporation (NYSE:SCHW) ranks #3 on our list of 16 High Growth Non-Tech Stocks That Are Profitable given its EPS Next 5 Year Ratio of 18.46%. In addition to analysts expecting the leading brokerage and financial services company to grow earnings in the future, The Charles Schwab Corporation (NYSE:SCHW) had a net income of $7.183 billion in 2022. The Charles Schwab Corporation (NYSE:SCHW) are down 7% year to date, however, as any near term economic slowdown could slow the company’s growth rate.
2. Mastercard Incorporated (NYSE:MA)
EPS Next 5 Year Ratio According to FINVIZ.com: 20.34%
Net Income (TTM) as of December 31, 2022: $9.93 billion
Mastercard Incorporated (NYSE:MA) is a leading payments company that earned $9.93 billion in 2022. The company also has a EPS Next 5 Year Ratio of 20.34% which is one reason why Mastercard Incorporated (NYSE:MA) has a fairly premium forward P/E ratio of 24.50 as of 3/1. Like Visa, Mastercard Incorporated (NYSE:MA) will need to innovate in the future as competition is likely attracted by the company’s high margins and substantial profits.
1. Marriott International, Inc. (NASDAQ:MAR)
EPS Next 5 Year Ratio According to FINVIZ.com: 43.50%
Net Income (TTM) as of December 31, 2022: $2.358 billion
Marriott International, Inc. (NASDAQ:MAR) is a leading lodging chain that has an EPS Next 5 Year Ratio of 43.50% according to FINVIZ.com although Barron’s indicate that analysts might be expecting considerably slower EPS growth. In terms of Barron’s, analysts have EPS estimates of $7.61 for FY2023, $8.50 for FY2024, and $9.14 for FY2025. By comparison, they have an estimate of $6.55 for FY2022. Regardless, Marriott International, Inc. (NASDAQ:MAR) does have EPS growth potential if the travel industry remains normal or strong. In 2022, Marriott International, Inc. (NASDAQ:MAR) had net income of $2.358 billion. The company ranks #1 on our list of 16 High Growth Non-Tech Stocks That Are Profitable.
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