Analyzed sample
147 companies
Published companies tagged to the S&P 500 sample with enough thesis coverage to compute a disruption share.
Insights · Market-cap disruption
How much of the analyzed S&P 500 sample do we think gets repriced?
This page combines the freshest committed market-cap snapshot with the site's existing moat, decentralizability, and profitability analysis. If the qualitative thesis is older than the market tape, we keep the ratio and refresh only the cap, rather than pretending stale raw disrupted-dollar numbers are somehow more honest.
Current market cap
$55.9T
116 company cap snapshots came from the latest refresh; 6 used the published fallback metric.
Predicted disrupted cap
$5.3T
9.4% of the analyzed sample using the current disruption-share model.
Latest refresh
May 29, 2026, 7:39 AM
Latest thesis review in the sample: May 29, 2026.
Infographic page 1
A simple pie chart for the current sample
Blue is the portion the model currently treats as likely to remain durable. Amber is the portion we think could be repriced if open, automated, and decentralized substitutes keep compounding.
Residual market cap
$50.7T
The portion of the analyzed sample that remains after subtracting the modeled disrupted share.
Why the ratio still works when caps are fresher
The disruption model is multiplicative. Fresh market caps can therefore be multiplied by the current disruption share without having to wait for every narrative paragraph and derived dollar field to be rewritten.
Raw data export
The daily workflow commits the latest snapshot as a CSV so the chart can always point to a concrete, auditable table.
Download the latest market-cap CSV →Coverage notes
What is fresh, and what may be stale?
The page is explicit about provenance instead of hand-waving freshness into existence.
Live market-cap rows
116
Fetched successfully from the latest CompaniesMarketCap refresh.
Published fallbacks
6
Refresh failed or was unavailable, so the site used the latest published metric.
Potentially stale thesis rows
115
Market caps are newer than the most recent disruption-share review for these companies.
Reference table
Per-company market-cap coverage
This table keeps the latest cap, thesis-adjusted disrupted share, and provenance all visible in one place.
| Company | Current cap | Disrupted share | Disrupted cap | Residual cap | Cap source | Thesis review |
|---|---|---|---|---|---|---|
NVIDIA NVDA | $5.2T | 5.2% | $268.5B | $4.9T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Alphabet GOOGL | $4.7T | 18.5% | $866B | $3.8T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Apple AAPL | $4.6T | 6.3% | $290.6B | $4.3T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Microsoft MSFT | $3.2T | 15.9% | $502.7B | $2.7T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Amazon AMZN | $2.9T | 13.7% | $403.6B | $2.5T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Broadcom AVGO | $2T | 10.7% | $216.3B | $1.8T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Tesla TSLA | $1.7T | 19.0% | $315.4B | $1.3T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Meta Platforms META | $1.6T | 24.8% | $399.4B | $1.2T | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Micron Technology MU | $1T | 4.8% | $49.4B | $991.6B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Berkshire Hathaway BRK.B | $1T | 4.8% | $49.8B | $979.2B | live May 2026 | Mar 14, 2026 Cap is newer than thesis. |
Eli Lilly LLY | $1T | 5.0% | $50.2B | $953.8B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
Walmart WMT | $947.8B | 12.1% | $114.9B | $832.9B | live May 28th, 2026 | Mar 14, 2026 Cap is newer than thesis. |
Advanced Micro Devices AMD | $844.8B | 9.0% | $76B | $768.8B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
JPMorgan Chase JPM | $670.6B | 10.0% | $67.1B | $603.6B | published fallback 2026-03-25 | Mar 25, 2026 |
Visa V | $618B | 7.9% | $48.7B | $569.3B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Exxon Mobil XOM | $609.1B | 9.5% | $57.9B | $551.3B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
Intel INTC | $607.6B | 7.0% | $42.5B | $565.1B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Oracle ORCL | $585.9B | 7.1% | $41.7B | $544.1B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Johnson & Johnson JNJ | $585.6B | 7.1% | $41.7B | $543.9B | published fallback 2026-03-24 | Mar 24, 2026 |
Cisco Systems CSCO | $467.6B | 15.8% | $74B | $393.6B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Costco COST | $441.5B | 9.5% | $41.9B | $399.6B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
Mastercard MA | $436.3B | 11.0% | $48B | $388.2B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Caterpillar CAT | $408.9B | 5.5% | $22.7B | $386.2B | live May 28th, 2026 | Mar 19, 2026 Cap is newer than thesis. |
Lam Research LRCX | $397.7B | 4.8% | $18.9B | $378.8B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
AbbVie ABBV | $386.3B | 6.3% | $24.5B | $361.8B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
Chevron CVX | $364.5B | 9.0% | $32.8B | $331.7B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
Netflix NFLX | $363.6B | 11.6% | $42B | $321.6B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Bank of America BAC | $360.3B | 9.0% | $32.4B | $327.9B | live May 28th, 2026 | Mar 19, 2026 Cap is newer than thesis. |
Applied Materials AMAT | $357B | 2.4% | $8.5B | $348.5B | live May 28th, 2026 | Mar 19, 2026 Cap is newer than thesis. |
UnitedHealth Group UNH | $347.4B | 6.4% | $22.1B | $325.2B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Coca-Cola KO | $346B | 4.8% | $16.4B | $329.5B | live May 28th, 2026 | Mar 19, 2026 Cap is newer than thesis. |
Palantir Technologies PLTR | $343.6B | 7.5% | $25.8B | $317.9B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Procter & Gamble PG | $339.8B | 9.5% | $32.3B | $307.5B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
GE Aerospace GE | $335.2B | 4.8% | $15.9B | $319.3B | live May 28th, 2026 | Mar 24, 2026 Cap is newer than thesis. |
Morgan Stanley MS | $321.4B | 10.0% | $32.1B | $289.3B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Goldman Sachs GS | $297.5B | 9.5% | $28.3B | $269.2B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Merck & Co. MRK | $296.1B | 9.5% | $28.1B | $268B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Texas Instruments TXN | $287.5B | 12.7% | $36.4B | $251.1B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Philip Morris International PM | $278.3B | 3.2% | $8.8B | $269.5B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
GE Vernova GEV | $267.6B | 12.0% | $32.1B | $235.5B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Qualcomm QCOM | $256.4B | 0.0% | $0 | $256.4B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
KLA KLAC | $251.8B | 0.0% | $0 | $251.8B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
IBM IBM | $248.3B | 18.0% | $44.7B | $203.6B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
RTX RTX | $241B | 4.5% | $10.8B | $230.2B | live May 28th, 2026 | Mar 25, 2026 Cap is newer than thesis. |
Wells Fargo WFC | $234.6B | 0.0% | $0 | $234.6B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Linde LIN | $232.1B | 9.5% | $22B | $210B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
American Express AXP | $215B | 10.0% | $21.5B | $193.5B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Citigroup C | $212.7B | 0.0% | $0 | $212.7B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Palo Alto Networks PANW | $209.1B | 15.0% | $31.4B | $177.7B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Dell Technologies DELL | $205.9B | 0.0% | $0 | $205.9B | published 2026-05-29 | May 29, 2026 |
T-Mobile US TMUS | $204.5B | 0.0% | $0 | $204.5B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Analog Devices ADI | $204.1B | 0.0% | $0 | $204.1B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Verizon Communications VZ | $200.5B | 12.0% | $24.1B | $176.4B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
PepsiCo PEP | $200B | 15.0% | $30B | $170B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
McDonald's MCD | $197.5B | 0.0% | $0 | $197.5B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Arista Networks ANET | $195.5B | 16.7% | $32.6B | $162.9B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Western Digital WDC | $183.1B | 0.0% | $0 | $183.1B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
NextEra Energy NEE | $182B | 0.0% | $0 | $182B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Seagate Technology STX | $181.7B | 15.0% | $27.3B | $154.5B | published fallback 2026-05-26 | May 26, 2026 |
Amphenol APH | $181.7B | 0.0% | $0 | $181.7B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Amgen AMGN | $181.6B | 0.0% | $0 | $181.6B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Thermo Fisher Scientific TMO | $181.1B | 0.0% | $0 | $181.1B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Boeing BA | $180.3B | 4.0% | $7.2B | $173.1B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Walt Disney DIS | $180.1B | 9.5% | $17.1B | $163B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
AT&T T | $176.1B | 0.0% | $0 | $176.1B | published fallback 2026-05-25 | May 25, 2026 |
TJX Companies TJX | $171.3B | 12.7% | $21.7B | $149.6B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
CrowdStrike CRWD | $170.8B | 10.0% | $17.1B | $153.7B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Gilead Sciences GILD | $169.1B | 6.3% | $10.7B | $158.4B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
BlackRock BLK | $162.5B | 0.0% | $0 | $162.5B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Union Pacific UNP | $158.5B | 4.8% | $7.5B | $151B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Corning GLW | $157.5B | 0.0% | $0 | $157.5B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Eaton ETN | $156.1B | 15.8% | $24.7B | $131.4B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Abbott Laboratories ABT | $150.3B | 9.0% | $13.5B | $136.8B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Intuitive Surgical ISRG | $150B | 4.8% | $7.1B | $142.9B | live May 28th, 2026 | May 25, 2026 Cap is newer than thesis. |
Pfizer PFE | $149B | 0.0% | $0 | $149B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Welltower WELL | $148.4B | 8.5% | $12.6B | $135.8B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Charles Schwab SCHW | $148.4B | 0.0% | $0 | $148.4B | live May 28th, 2026 | May 26, 2026 Cap is newer than thesis. |
Honeywell International HON | $147.6B | 12.0% | $17.7B | $129.9B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Deere & Company DE | $145.6B | 0.0% | $0 | $145.6B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Uber Technologies UBER | $144.4B | 0.0% | $0 | $144.4B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Blackstone BX | $142B | 0.0% | $0 | $142B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
ConocoPhillips COP | $140.1B | 0.0% | $0 | $140.1B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Prologis PLD | $135.8B | 0.0% | $0 | $135.8B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Booking Holdings BKNG | $131.6B | 20.0% | $26.3B | $105.3B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Danaher DHR | $127.8B | 0.0% | $0 | $127.8B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Lockheed Martin LMT | $123.9B | 0.0% | $0 | $123.9B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
S&P Global SPGI | $123.6B | 0.0% | $0 | $123.6B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Chubb CB | $122.6B | 12.7% | $15.5B | $107.1B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Lowe's Companies LOW | $122.3B | 15.8% | $19.4B | $102.9B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Stryker SYK | $120.9B | 9.0% | $10.9B | $110B | published fallback 2026-05-27 | May 27, 2026 |
Altria Group MO | $120.2B | 6.7% | $8B | $112.2B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
CVS Health CVS | $118.6B | 0.0% | $0 | $118.6B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Capital One Financial COF | $116.4B | 0.0% | $0 | $116.4B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Bristol Myers Squibb BMY | $116.2B | 6.0% | $7B | $109.2B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Newmont NEM | $115.5B | 9.5% | $11B | $104.6B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Starbucks SBUX | $114.8B | 0.0% | $0 | $114.8B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Vertex Pharmaceuticals VRTX | $113.7B | 6.3% | $7.2B | $106.5B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Progressive PGR | $113.5B | 0.0% | $0 | $113.5B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
ServiceNow NOW | $112.1B | 0.0% | $0 | $112.1B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Accenture ACN | $109.8B | 0.0% | $0 | $109.8B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Quanta Services PWR | $109.6B | 11.3% | $12.4B | $97.1B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Howmet Aerospace HWM | $109.2B | 0.0% | $0 | $109.2B | published 2026-05-29 | May 29, 2026 |
Parker-Hannifin PH | $107.5B | 0.0% | $0 | $107.5B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Equinix EQIX | $105.5B | 0.0% | $0 | $105.5B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Southern Company SO | $104.3B | 12.0% | $12.5B | $91.8B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Constellation Energy CEG | $103.4B | 0.0% | $0 | $103.4B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Cadence Design Systems CDNS | $103.1B | 9.5% | $9.8B | $93.3B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
CME Group CME | $100.2B | 0.0% | $0 | $100.2B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Trane Technologies TT | $100B | 0.0% | $0 | $100B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
FedEx FDX | $98.2B | 100.0% | $98.2B | $0 | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Adobe ADBE | $97.6B | 0.0% | $0 | $97.6B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Marriott International MAR | $97.3B | 15.8% | $15.4B | $81.9B | published fallback 2026-05-27 | May 27, 2026 |
Medtronic MDT | $97B | 0.0% | $0 | $97B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Duke Energy DUK | $96.5B | 0.0% | $0 | $96.5B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Freeport-McMoRan FCX | $94.7B | 0.0% | $0 | $94.7B | published 2026-05-29 | May 29, 2026 |
General Dynamics GD | $94.4B | 4.5% | $4.2B | $90.1B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Bank of New York Mellon BK | $94.1B | 0.0% | $0 | $94.1B | live May 2026 | May 27, 2026 Cap is newer than thesis. |
Cummins CMI | $92.3B | 12.0% | $11.1B | $81.2B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Synopsys SNPS | $92B | 9.5% | $8.7B | $83.3B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
McKesson MCK | $91B | 0.0% | $0 | $91B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Automatic Data Processing ADP | $90.1B | 15.8% | $14.3B | $75.8B | published 2026-05-29 | May 29, 2026 |
Comcast CMCSA | $89.9B | 0.0% | $0 | $89.9B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
Williams Companies WMB | $89.4B | 0.0% | $0 | $89.4B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
PNC Financial Services Group PNC | $88.5B | 0.0% | $0 | $88.5B | published 2026-05-29 | May 29, 2026 |
Waste Management WM | $86.1B | 0.0% | $0 | $86.1B | published 2026-05-29 | May 29, 2026 |
American Tower AMT | $85.7B | 0.0% | $0 | $85.7B | published 2026-05-29 | May 29, 2026 |
Intuit INTU | $85.6B | 0.0% | $0 | $85.6B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
U.S. Bancorp USB | $85.3B | 12.0% | $10.2B | $75.1B | published 2026-05-29 | May 29, 2026 |
HCA Healthcare HCA | $85.3B | 9.5% | $8.1B | $77.2B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
CSX CSX | $84.6B | 0.0% | $0 | $84.6B | published 2026-05-29 | May 29, 2026 |
KKR KKR | $84.4B | 9.5% | $8B | $76.4B | published 2026-05-29 | May 29, 2026 |
Johnson Controls International JCI | $84.4B | 0.0% | $0 | $84.4B | published 2026-05-29 | May 29, 2026 |
Intercontinental Exchange ICE | $83.9B | 0.0% | $0 | $83.9B | published 2026-05-29 | May 29, 2026 |
Moody's Corporation MCO | $81.4B | 10.0% | $8.1B | $73.3B | published 2026-05-29 | May 29, 2026 |
Mondelez International MDLZ | $79.3B | 0.0% | $0 | $79.3B | published 2026-05-29 | May 29, 2026 |
SLB SLB | $79.2B | 0.0% | $0 | $79.2B | published 2026-05-29 | May 29, 2026 |
3M MMM | $79.1B | 0.0% | $0 | $79.1B | published 2026-05-29 | May 29, 2026 |
Northrop Grumman NOC | $78.3B | 0.0% | $0 | $78.3B | published 2026-05-29 | May 29, 2026 |
Monolithic Power Systems MPWR | $78.1B | 12.7% | $9.9B | $68.2B | published 2026-05-29 | May 29, 2026 |
Marsh & McLennan MMC | $76.9B | 0.0% | $0 | $76.9B | live May 28th, 2026 | May 27, 2026 Cap is newer than thesis. |
O'Reilly Automotive ORLY | $76B | 16.7% | $12.7B | $63.4B | published 2026-05-29 | May 29, 2026 |
Cigna CI | $75.7B | 0.0% | $0 | $75.7B | published 2026-05-29 | May 29, 2026 |
NXP Semiconductors NXPI | $75.6B | 0.0% | $0 | $75.6B | published 2026-05-29 | May 29, 2026 |
Emerson Electric EMR | $75.6B | 0.0% | $0 | $75.6B | published 2026-05-29 | May 29, 2026 |
Sherwin-Williams SHW | $75.3B | 0.0% | $0 | $75.3B | published 2026-05-29 | May 29, 2026 |
Boston Scientific BSX | $73B | 0.0% | $0 | $73B | published 2026-05-29 | May 29, 2026 |
Norfolk Southern NSC | $70.6B | 0.0% | $0 | $70.6B | published 2026-05-29 | May 29, 2026 |