Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Global $100 Bn Public Companies
The world’s largest companies continue to grow their top line at a reasonable rate, with only 6 companies registering negative growth rates on a 5-year CAGR basis. Companies in the energy, utility, and technology sectors have had a tough past 12-18 months. Overall, a few companies that stood out in terms of consistent revenue growth performance over the past 5 years include JP Morgan, Microsoft, Stellantis, Hyundai, Amazon, Alphabet, Meta, Walmart, Costco, China State Constn Engg Corp Ltd, and nearly all healthcare companies.
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with -ve growth in period | Green Shading: Companies with growth rate of > 8% in period ]
| Sector | Company | HQ | Industry | Latest | LTM | year-on-year % | cagr | ||||||||
| FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | ||||||
| Basic Materials | Glencore PLC | CHE | Other Industrial Metals & Mining | 2023-06 | 228.96 | na | -20.1% | na | -6.3% | 25.6% | 34.1% | 6.0% | 4.5% | ||
| Communication Services | Alphabet Inc | USA | Internet Content & Information | 2023-12 | 307.39 | 13.5% | 12.3% | 10.6% | 8.7% | 8.7% | 9.2% | 19.0% | 17.6% | ||
| Meta Platforms Inc | USA | Internet Content & Information | 2023-09 | 126.96 | 23.2% | 17.0% | 12.3% | 7.5% | -1.1% | 16.5% | 18.2% | 23.5% | |||
| China Mobile Ltd | HKG | Telecom Services | 2023-09 | 140.31 | 8.1% | 5.8% | 7.2% | 7.2% | 10.5% | 10.5% | 7.9% | 4.8% | |||
| Verizon Communications Inc | USA | Telecom Services | 2023-12 | 133.97 | -0.3% | -1.5% | -2.1% | -2.1% | -2.1% | 0.1% | 1.5% | 0.5% | |||
| AT&T Inc | USA | Telecom Services | 2023-12 | 122.43 | 2.2% | 1.6% | 1.4% | 1.4% | 1.4% | -4.4% | -10.7% | -6.4% | |||
| Comcast Corp | USA | Telecom Services | 2023-12 | 121.57 | 2.3% | 1.6% | 1.6% | 0.1% | 0.1% | 2.2% | 5.5% | 5.2% | |||
| Deutsche Telekom AG | DEU | Telecom Services | 2023-09 | 119.10 | -4.7% | -3.5% | -2.8% | -1.4% | 5.8% | 6.8% | 12.3% | 8.7% | |||
| Consumer Cyclical | Volkswagen AG | DEU | Auto Manufacturers | 2023-09 | 332.90 | 11.6% | 13.4% | 15.9% | 16.9% | 11.6% | 11.9% | 3.4% | 4.0% | ||
| Toyota Motor Corp | JPN | Auto Manufacturers | 2023-09 | 298.86 | 24.0% | 24.1% | 22.7% | 23.3% | 18.4% | 16.8% | 7.5% | 4.8% | |||
| Stellantis NV | NLD | Auto Manufacturers | 2023-06 | 199.15 | na | 11.8% | na | 15.3% | 20.2% | 94.1% | 44.9% | 11.2% | |||
| Ford Motor Co | USA | Auto Manufacturers | 2023-09 | 174.23 | 11.2% | 11.5% | 14.2% | 14.8% | 15.9% | 11.5% | 0.5% | 0.2% | |||
| General Motors Co | USA | Auto Manufacturers | 2023-12 | 171.84 | -0.3% | 2.5% | 9.2% | 9.6% | 9.6% | 16.3% | 11.9% | 3.2% | |||
| Mercedes-Benz Group AG | DEU | Auto Manufacturers | 2023-09 | 164.56 | -1.4% | 1.7% | 3.6% | 6.7% | 12.0% | 11.0% | -4.6% | -1.8% | |||
| Bayerische Motoren Werke AG | DEU | Auto Manufacturers | 2023-09 | 162.53 | 3.4% | 5.2% | 9.2% | 15.6% | 28.2% | 20.0% | 11.0% | 7.7% | |||
| Honda Motor Co Ltd | JPN | Auto Manufacturers | 2023-09 | 132.97 | 17.1% | 18.9% | 17.0% | 17.8% | 16.2% | 13.3% | 4.2% | 1.9% | |||
| Hyundai Motor Co | KOR | Auto Manufacturers | 2023-09 | 121.45 | 8.7% | 13.0% | 16.4% | 18.2% | 21.2% | 17.1% | 10.5% | 8.1% | |||
| SAIC Motor Corp Ltd | CHN | Auto Manufacturers | 2023-09 | 104.95 | -6.9% | 9.4% | -0.8% | -1.9% | -4.6% | 0.1% | -4.1% | -3.1% | |||
| The Home Depot Inc | USA | Home Improvement Retail | 2023-10 | 153.71 | -3.0% | -2.5% | -3.0% | -2.3% | 4.1% | 9.2% | 12.6% | 9.3% | |||
| Amazon.com Inc | USA | Internet Retail | 2023-12 | 574.79 | 13.9% | 13.3% | 12.5% | 11.8% | 11.8% | 10.6% | 14.2% | 19.8% | |||
| JD.com Inc | CHN | Internet Retail | 2023-09 | 151.78 | -2.2% | -0.7% | -2.7% | -2.6% | 0.4% | 14.7% | 22.2% | 22.3% | |||
| Alibaba Group Holding Ltd | HKG | Internet Retail | 2023-09 | 129.25 | 4.4% | 5.5% | 1.4% | -0.9% | -6.2% | 7.0% | 20.2% | 26.1% | |||
| Consumer Defensive | Walmart Inc | USA | Discount Stores | 2023-10 | 638.79 | 5.2% | 5.5% | 6.1% | 6.4% | 6.7% | 4.6% | 5.3% | 4.1% | ||
| Costco Wholesale Corp | USA | Discount Stores | 2023-11 | 245.65 | 6.2% | 8.1% | 6.3% | 6.3% | 6.8% | 11.2% | 13.3% | 11.3% | |||
| Target Corp | USA | Discount Stores | 2023-10 | 106.89 | -4.2% | -4.5% | -2.9% | -1.7% | 2.9% | 8.0% | 11.8% | 8.5% | |||
| The Kroger Co | USA | Grocery Stores | 2023-10 | 147.80 | -0.7% | -1.5% | -0.4% | 0.9% | 7.5% | 5.8% | 6.6% | 3.8% | |||
| Nestle SA | CHE | Packaged Foods | 2023-06 | 101.82 | na | 1.6% | na | 4.6% | 8.4% | 5.8% | 0.7% | 1.1% | |||
| Energy | Saudi Arabian Oil Co | SAU | Oil & Gas Integrated | 2023-09 | 501.40 | -20.4% | -25.8% | -21.5% | -15.3% | 50.9% | 62.1% | 22.4% | 18.0% | ||
| China Petroleum & Chemical Corp | CHN | Oil & Gas Integrated | 2023-09 | 472.95 | 4.2% | -0.2% | 0.7% | 4.5% | 21.1% | 25.6% | 3.9% | 7.1% | |||
| PetroChina Co Ltd | CHN | Oil & Gas Integrated | 2023-09 | 434.82 | -4.6% | -7.5% | -7.1% | -3.9% | 23.9% | 29.4% | 8.8% | 9.8% | |||
| Exxon Mobil Corp | USA | Oil & Gas Integrated | 2023-09 | 346.17 | -16.8% | -22.2% | -17.2% | -10.5% | 44.1% | 49.4% | 16.0% | 10.9% | |||
| Shell PLC | GBR | Oil & Gas Integrated | 2023-12 | 316.62 | -22.3% | -21.3% | -22.7% | -17.0% | -17.0% | 10.0% | 20.6% | -4.0% | |||
| TotalEnergies SE | FRA | Oil & Gas Integrated | 2023-09 | 228.01 | -22.3% | -25.5% | -19.6% | -10.8% | 52.1% | 58.9% | 16.2% | 14.6% | |||
| BP PLC | GBR | Oil & Gas Integrated | 2023-09 | 227.25 | -3.2% | -17.1% | -8.2% | 2.0% | 53.0% | 50.9% | 14.9% | 0.1% | |||
| Chevron Corp | USA | Oil & Gas Integrated | 2023-09 | 202.50 | -18.2% | -23.1% | -18.3% | -10.8% | 51.5% | 58.0% | 19.0% | 11.8% | |||
| Equinor ASA | NOR | Oil & Gas Integrated | 2023-09 | 111.85 | -39.3% | -38.3% | -32.3% | -24.1% | 67.9% | 80.5% | 33.3% | 19.6% | |||
| Eni SpA | ITA | Oil & Gas Integrated | 2023-09 | 107.55 | -40.2% | -39.1% | -31.6% | -21.2% | 73.0% | 73.6% | 23.8% | 14.6% | |||
| Petroleo Brasileiro SA Petrobras | BRA | Oil & Gas Integrated | 2023-09 | 105.66 | -25.7% | -31.1% | -21.5% | -13.1% | 37.5% | 53.8% | 27.6% | 20.5% | |||
| Marathon Petroleum Corp | USA | Oil & Gas Refining & Marketing | 2023-12 | 148.38 | -8.9% | -9.8% | -18.6% | -16.4% | -16.4% | 11.2% | 28.6% | 11.5% | |||
| Valero Energy Corp | USA | Oil & Gas Refining & Marketing | 2023-12 | 144.77 | -15.2% | -14.4% | -21.4% | -17.9% | -17.9% | 12.7% | 30.7% | 4.3% | |||
| Phillips 66 | USA | Oil & Gas Refining & Marketing | 2023-12 | 147.40 | -5.0% | -8.6% | -15.6% | -13.3% | -13.3% | 15.0% | 32.0% | 5.7% | |||
| Reliance Industries Ltd | IND | Oil & Gas Refining & Marketing | 2023-12 | 106.45 | 3.9% | 2.4% | -0.1% | 0.8% | 25.6% | 37.2% | 13.8% | 17.6% | |||
| ENEOS Holdings Inc | JPN | Oil & Gas Refining & Marketing | 2023-09 | 102.75 | -11.4% | -10.5% | -3.6% | 4.8% | 37.5% | 40.0% | 14.5% | 7.8% | |||
| Financial Services | JPMorgan Chase & Co | USA | Banks - Diversified | 2023-12 | 155.27 | 11.8% | 16.5% | 19.4% | 20.7% | 22.9% | 14.0% | 9.7% | 7.8% | ||
| Indl & Comm Bank Of China Ltd | HKG | Banks - Diversified | 2023-09 | 126.13 | -6.1% | -4.8% | -3.6% | -1.3% | -2.8% | 1.8% | 2.3% | 4.8% | |||
| China Construction Bank Corp | CHN | Banks - Diversified | 2023-09 | 115.39 | -2.7% | -2.3% | -1.3% | 2.4% | -0.2% | 4.3% | 5.2% | 5.7% | |||
| Bank of America Corp | USA | Banks - Diversified | 2023-12 | 98.58 | -10.5% | -3.9% | 0.8% | 3.8% | 3.8% | 5.2% | 4.8% | 1.6% | |||
| Berkshire Hathaway Inc | USA | Insurance - Diversified | 2023-09 | 401.75 | 0.0% | 159.9% | 118.3% | 58.2% | -34.0% | -9.6% | -10.6% | -0.7% | |||
| Allianz SE | DEU | Insurance - Diversified | 2023-09 | 176.87 | -2.8% | 45.0% | 34.1% | 10.0% | -3.9% | 0.9% | 0.4% | 1.2% | |||
| AXA SA | FRA | Insurance - Diversified | 2023-06 | 110.79 | na | 43.2% | na | 32.4% | -16.7% | -4.9% | -9.3% | -6.2% | |||
| Ping An Insurance (Group) Co. | CHN | Insurance - Life | 2023-09 | 145.17 | 0.9% | -5.3% | 6.5% | 23.6% | -6.8% | -5.1% | -2.3% | 4.2% | |||
| China Life Insurance Co Ltd | CHN | Insurance - Life | 2023-06 | 121.81 | na | 4.8% | na | 2.6% | -3.0% | 0.3% | 3.8% | 4.9% | |||
| Healthcare | UnitedHealth Group Inc | USA | Healthcare Plans | 2023-12 | 371.62 | 14.1% | 14.1% | 14.6% | 14.6% | 14.6% | 13.7% | 13.1% | 10.4% | ||
| CVS Health Corp | USA | Healthcare Plans | 2023-09 | 347.81 | 10.6% | 10.4% | 10.6% | 10.3% | 10.4% | 9.5% | 7.9% | 11.8% | |||
| The Cigna Group | USA | Healthcare Plans | 2023-09 | 189.82 | 8.5% | 7.8% | 7.3% | 5.4% | 3.3% | 5.9% | 5.4% | 33.8% | |||
| Elevance Health Inc | USA | Healthcare Plans | 2023-12 | 171.34 | 6.8% | 7.0% | 9.0% | 9.4% | 9.4% | 11.2% | 12.0% | 13.2% | |||
| Centene Corp | USA | Healthcare Plans | 2023-09 | 150.10 | 6.1% | 5.4% | 5.1% | 6.0% | 14.7% | 14.1% | 24.6% | 24.5% | |||
| Humana Inc | USA | Healthcare Plans | 2023-12 | 106.37 | 17.9% | 16.9% | 15.6% | 14.5% | 14.5% | 13.2% | 11.3% | 13.3% | |||
| McKesson Corp | USA | Medical Distribution | 2023-09 | 291.10 | 10.1% | 10.5% | 8.5% | 7.0% | 4.8% | 7.8% | 6.2% | 5.8% | |||
| Cencora Inc | USA | Medical Distribution | 2023-12 | 271.58 | 15.0% | 13.8% | 13.1% | 12.3% | 9.9% | 10.7% | 11.4% | 9.3% | |||
| Cardinal Health Inc | USA | Medical Distribution | 2023-12 | 216.15 | 11.6% | 11.0% | 11.8% | 12.0% | 13.0% | 12.3% | 10.3% | 8.4% | |||
| Walgreens Boots Alliance Inc | USA | Pharmaceutical Retailers | 2023-11 | 142.41 | 10.0% | 9.6% | 9.3% | 7.7% | 4.8% | 2.4% | 4.5% | 1.1% | |||
| Industrials | Mitsubishi Corp | JPN | Conglomerates | 2023-09 | 147.25 | -8.6% | -10.8% | -4.9% | 0.7% | 24.9% | 29.4% | 13.4% | 23.3% | ||
| China State Constn Engg Corp Ltd | CHN | Engineering & Construction | 2023-09 | 310.64 | 17.5% | 9.1% | 8.8% | 4.7% | 8.6% | 12.8% | 13.1% | 14.3% | |||
| China Railway Group Ltd | HKG | Engineering & Construction | 2023-09 | 168.60 | 1.5% | 5.0% | 4.1% | 3.1% | 7.6% | 8.8% | 10.7% | 10.7% | |||
| China Railway Construction Corp Ltd | CHN | Engineering & Construction | 2023-09 | 156.62 | 2.9% | -0.2% | 1.0% | 2.0% | 7.5% | 9.7% | 9.7% | 10.0% | |||
| China Commn Constn Co Ltd | CHN | Engineering & Construction | 2023-09 | 102.96 | 2.2% | 0.3% | 1.1% | 2.0% | 5.0% | 7.1% | 9.0% | 8.3% | |||
| Technology | Apple Inc | USA | Consumer Electronics | 2023-12 | 385.71 | 2.1% | 0.9% | 0.2% | -0.5% | -2.8% | 2.4% | 11.8% | 7.6% | ||
| Samsung Electronics Co Ltd | KOR | Consumer Electronics | 2023-09 | 199.14 | -12.2% | -17.3% | -17.5% | -15.1% | 8.1% | 13.0% | 9.5% | 4.8% | |||
| Hon Hai Precision Industry Co Ltd | TWN | Electronic Components | 2023-09 | 202.29 | -11.6% | -12.6% | -7.6% | -4.3% | 10.6% | 11.2% | 7.4% | 7.1% | |||
| Microsoft Corp | USA | Software - Infrastructure | 2023-12 | 227.58 | 17.6% | 15.2% | 12.9% | 11.5% | 6.9% | 12.3% | 14.0% | 13.9% | |||
| Utilities | E.ON SE | DEU | Utilities - Diversified | 2023-09 | 110.43 | -41.3% | -31.5% | -15.1% | -6.8% | 49.5% | 37.8% | 41.5% | 25.4% | ||
| Enel SpA | ITA | Utilities - Diversified | 2023-09 | 107.11 | -54.1% | -48.0% | -38.6% | -29.1% | 51.0% | 48.8% | 24.5% | 14.2% | |||
| Engie SA | FRA | Utilities - Diversified | 2023-06 | 102.45 | na | 8.9% | na | 28.6% | 62.2% | 45.6% | 16.0% | 9.5% | |||
| Uniper SE | DEU | Utilities - Ind. Power Prod. | 2023-09 | 146.62 | -77.7% | -71.4% | -64.5% | -53.8% | 68.2% | 131.9% | 60.9% | 30.6% | |||
| Source: Annual Filings, Company Website | |||||||||||||||