Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 100 Companies Listed in GCC Countries
Energy companies accounted for around 57% of LTM sales, followed by financial services at 10%. Other sectors, such as industrials (39%), healthcare (34%), and financial services (28%), reported substantial growth in LTM sales. Conversely, LTM sales of basic materials (-29%) and real estate (-5%) declined. Over a 5-year period, industrials emerged as the fastest-growing sector, followed by technology, consumer cyclical, utilities, and basic materials. Prominent companies that experienced robust growth include Alpha Dhabi (114%), SABIC Agri-Nutrient (98%), Saudi Automotive Services (93%), Agility Public Warehousing (78%), and International Holdings (78%).
[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period ]
| Sector | Company | HQ | Industry | Latest | LTM | year-on-year % | CAGR | ||||||||
| FQ | Sales1 | 3m | 6m | 9m | ltm | 1y | 2y | 3y | 5y | ||||||
| Basic Materials | SABIC Agri-Nutrient | SAU | Agriculture | 2023-09 | 3.26 | -39.5% | -47.6% | -45.4% | -34.8% | 97.9% | 138.8% | 79.4% | 47.1% | ||
| Fertiglobe PLC | ARE | Agriculture | 2023-09 | 2.82 | -60.2% | -61.4% | -55.5% | -45.3% | 51.9% | 80.1% | 68.3% | na | |||
| Saudi Basic Industriesrp | SAU | Chemicals | 2023-09 | 44.64 | -16.9% | -26.3% | -25.7% | -17.4% | 13.5% | 30.3% | 13.6% | 5.8% | |||
| Borouge Plc | ARE | Chemicals | 2023-12 | 5.79 | -10.6% | -8.3% | 35.1% | 20.5% | na | -3.5% | na | na | |||
| Saudi Kayan Petrochemical | SAU | Chemicals | 2023-12 | 2.17 | 6.2% | -7.2% | -19.1% | -26.8% | -26.8% | -19.7% | 0.7% | -7.8% | |||
| Sahara International Petrochemical | SAU | Chemicals | 2023-09 | 2.00 | -37.3% | -41.3% | -32.8% | -32.1% | 5.9% | 38.8% | 23.5% | 18.1% | |||
| Yanbu National Petrochemicals | SAU | Chemicals | 2023-12 | 1.21 | 4.3% | -14.5% | -23.4% | -35.5% | -35.5% | -22.3% | -3.4% | -9.9% | |||
| National Industrialization | SAU | Chemicals | 2023-09 | 0.94 | -6.2% | -12.4% | -11.3% | -13.6% | 5.7% | 30.7% | 9.2% | -18.5% | |||
| Saudi Arabian Mining | SAU | Metals & Mining | 2023-09 | 8.17 | -37.8% | -39.7% | -31.1% | -21.9% | 50.5% | 47.2% | 31.4% | 27.2% | |||
| Aluminium Bahrain BSC | BHR | Metals & Mining | 2023-09 | 4.26 | -0.8% | -14.8% | -16.1% | -14.9% | 16.2% | 31.7% | 21.4% | 16.5% | |||
| Communication Services | Saudi Research And Media Group | SAU | Media - Diversified | 2023-09 | 1.05 | 5.2% | 6.3% | 8.1% | 8.2% | 21.8% | 28.1% | 15.5% | 16.4% | ||
| Saudi Telecom | SAU | Telecommunication Services | 2023-12 | 19.25 | 2.0% | 6.4% | 7.2% | 7.3% | 7.3% | 7.1% | 7.1% | 6.8% | |||
| Emirates Telecommunications Group | ARE | Telecommunication Services | 2023-12 | 14.63 | 4.6% | 3.9% | 4.2% | 2.5% | 2.5% | 0.4% | 1.3% | 0.5% | |||
| Etihad Etisalat JSC | SAU | Telecommunication Services | 2023-12 | 4.46 | 4.4% | 5.7% | 6.8% | 6.7% | 6.7% | 6.3% | 6.1% | 7.2% | |||
| Emirates Integrated Telecom | ARE | Telecommunication Services | 2023-12 | 3.71 | 7.3% | 5.5% | 5.9% | 6.9% | 6.9% | 8.0% | 7.2% | 0.3% | |||
| Arabian Internet and Comms | SAU | Telecommunication Services | 2023-12 | 2.94 | 17.7% | 26.5% | 27.5% | 25.4% | 25.4% | 23.8% | 17.0% | na | |||
| Mobile Telecommunications | SAU | Telecommunication Services | 2023-09 | 2.59 | 10.4% | 9.5% | 10.0% | 11.3% | 14.9% | 7.1% | 2.7% | 4.4% | |||
| Oman Telecommunications | OMN | Telecommunication Services | 2023-09 | 7.49 | 9.7% | 8.3% | 10.6% | 11.8% | 11.4% | 3.4% | 1.2% | 29.0% | |||
| Mobile Telecommunications | KWT | Telecommunication Services | 2023-09 | 6.07 | 10.0% | 9.8% | 11.4% | 13.4% | 13.9% | 3.1% | 1.3% | 10.9% | |||
| National Mobile Telecommunications | KWT | Telecommunication Services | 2023-12 | 2.11 | 7.5% | 6.6% | 6.5% | 5.3% | 5.3% | 4.2% | 3.3% | -0.4% | |||
| Bahrain Telecommunications | BHR | Telecommunication Services | 2023-09 | 1.09 | 5.9% | -0.1% | 1.6% | 1.5% | 0.8% | 2.0% | 0.1% | 1.2% | |||
| Kuwait Telecommunications KSC | KWT | Telecommunication Services | 2023-12 | 1.14 | 5.2% | -3.2% | 2.0% | 4.5% | 4.5% | 8.9% | 7.5% | 4.1% | |||
| Consumer Cyclical | Americana Restaurants Int. | ARE | Restaurants | 2023-12 | 2.41 | -15.0% | -4.5% | 1.3% | 1.5% | 1.5% | 8.4% | 15.2% | na | ||
| Abu Dhabi National Oil For Distribution | ARE | Retail - Cyclical | 2023-12 | 9.43 | 16.8% | 10.5% | 4.9% | 7.8% | 7.8% | 28.7% | 29.0% | 8.6% | |||
| ALDREES Petroleum & Transport Serv. | SAU | Retail - Cyclical | 2023-12 | 3.95 | 18.6% | 18.9% | 19.2% | 20.1% | 20.1% | 27.6% | 43.9% | 23.4% | |||
| Jarir Marketing | SAU | Retail - Cyclical | 2023-09 | 2.76 | 4.8% | 12.1% | 14.4% | 13.5% | 3.3% | 0.5% | 3.7% | 6.2% | |||
| Saudi Automotive Services. | SAU | Retail - Cyclical | 2023-09 | 2.41 | 3.7% | 5.9% | 21.5% | 33.3% | 93.3% | 91.7% | 46.8% | 45.3% | |||
| United Electronics | SAU | Retail - Cyclical | 2023-12 | 1.65 | 0.9% | 3.2% | 3.1% | 2.8% | 2.8% | 3.1% | 1.3% | 7.1% | |||
| Fawaz Abdulaziz AlHokair | SAU | Retail - Cyclical | 2023-09 | 1.51 | -13.6% | -9.0% | 37.1% | 25.1% | 7.0% | -7.9% | -5.8% | -7.5% | |||
| Consumer Defensive | The Savola Group | SAU | Consumer Packaged Goods | 2023-09 | 7.15 | -10.2% | -10.9% | -5.6% | -4.8% | 13.7% | 13.7% | 9.4% | 3.3% | ||
| Almarai | SAU | Consumer Packaged Goods | 2023-12 | 5.21 | 1.7% | 1.1% | 2.0% | 4.6% | 4.6% | 11.1% | 8.4% | 7.6% | |||
| Agthia Group | ARE | Consumer Packaged Goods | 2023-09 | 1.19 | 12.2% | 10.2% | 10.9% | 12.4% | 32.6% | 40.5% | 25.9% | 14.7% | |||
| Mezzan Holding KSC | KWT | Consumer Packaged Goods | 2023-09 | 0.86 | 7.6% | 3.7% | 5.7% | 7.1% | 4.1% | 1.8% | 4.7% | 4.5% | |||
| Abdullah Al Othaim Markets | SAU | Retail - Defensive | 2023-09 | 2.70 | 4.2% | 5.7% | 8.3% | 10.2% | 13.6% | 4.1% | 5.4% | 5.7% | |||
| Bin Dawood Holding | SAU | Retail - Defensive | 2023-09 | 1.46 | 14.9% | 15.3% | 16.0% | 18.0% | 11.7% | -2.5% | 0.4% | na | |||
| Almunajem Foods | SAU | Retail - Defensive | 2023-09 | 0.86 | 11.0% | 9.7% | 11.4% | 11.1% | 15.6% | 8.3% | na | na | |||
| Energy | Saudi Arabian Oil | SAU | Oil & Gas | 2023-09 | 501.40 | -20.4% | -25.8% | -21.5% | -15.3% | 50.9% | 62.1% | 22.4% | 18.0% | ||
| Rabigh Refining & Petrochemical | SAU | Oil & Gas | 2023-09 | 12.01 | 0.0% | -24.1% | -24.0% | -22.6% | 22.6% | 59.9% | 18.0% | 10.3% | |||
| ADNOC Drillingmpany | ARE | Oil & Gas | 2023-12 | 3.06 | 14.7% | 15.2% | 13.0% | 14.4% | 14.4% | 16.1% | 13.4% | 9.3% | |||
| Shelf Drilling | ARE | Oil & Gas | 2023-09 | 0.89 | 68.1% | 63.2% | 56.2% | 61.2% | 45.2% | 16.1% | 9.7% | 7.6% | |||
| Saudi Aramco Base Oil - Luberef | SAU | Oil & Gas | 2023-09 | 2.33 | -6.3% | -14.9% | -21.0% | -0.4% | 20.0% | na | na | na | |||
| Arabian Drilling | SAU | Oil & Gas | 2023-09 | 0.86 | 31.0% | 26.2% | 27.5% | 27.1% | 22.9% | na | na | na | |||
| Independent Petroleum Group KSCP | KWT | Oil & Gas | 2023-12 | 3.46 | 22.3% | -20.6% | -35.2% | -35.1% | -35.1% | 3.3% | 27.4% | 7.2% | |||
| Shell Oman Marketing | OMN | Oil & Gas | 2023-09 | 1.34 | 2.1% | 2.1% | 4.3% | 6.7% | 25.5% | 16.7% | -1.6% | 1.4% | |||
| Al Maha Petroleum Products Marketing | OMN | Oil & Gas | 2023-09 | 1.29 | -7.9% | -6.1% | 1.3% | 152.5% | 32.3% | 21.5% | 1.9% | 2.7% | |||
| Financial Services | Emirates NBD | ARE | Banks | 2023-12 | 11.70 | 4.9% | 18.8% | 24.8% | 32.5% | 32.4% | 34.3% | 22.8% | 19.8% | ||
| Saudi National Bank | SAU | Banks | 2023-12 | 9.55 | 5.6% | 5.0% | 4.0% | 5.3% | 5.3% | 10.5% | 17.8% | 13.2% | |||
| Al Rajhi Bank | SAU | Banks | 2023-12 | 7.30 | -4.0% | -4.3% | -4.4% | -3.9% | -3.9% | 3.4% | 9.9% | 9.7% | |||
| First Abu Dhabi Bank | ARE | Banks | 2023-12 | 7.40 | 18.7% | 22.6% | 26.8% | 32.0% | 32.0% | 13.9% | 15.3% | 7.3% | |||
| Abu Dhabimmercial Bank | ARE | Banks | 2023-12 | 4.59 | 6.4% | 13.0% | 13.9% | 18.2% | 18.2% | 17.6% | 10.9% | 12.9% | |||
| Riyad Bank | SAU | Banks | 2023-12 | 4.19 | 4.2% | 9.3% | 13.7% | 18.1% | 18.1% | 16.6% | 12.4% | 12.0% | |||
| Saudi British Bank | SAU | Banks | 2023-12 | 3.38 | 14.3% | 19.1% | 24.3% | 31.7% | 31.6% | 28.6% | 12.8% | 11.6% | |||
| Dubai Islamic Bank | ARE | Banks | 2023-12 | 3.10 | 8.6% | 10.9% | 10.3% | 11.0% | 10.7% | 11.0% | 6.6% | 7.3% | |||
| Mashreqbank | ARE | Banks | 2023-12 | 2.92 | 34.2% | 36.4% | 41.5% | 46.9% | 46.9% | 35.9% | 27.7% | 12.6% | |||
| Banque Saudi Fransi | SAU | Banks | 2023-12 | 2.50 | -2.6% | 7.7% | 13.0% | 17.2% | 17.2% | 13.9% | 9.8% | 8.2% | |||
| Alinma Bank | SAU | Banks | 2023-12 | 2.58 | 18.8% | 20.2% | 21.9% | 21.6% | 21.6% | 20.7% | 19.5% | 15.2% | |||
| Abu Dhabi Islamic Bank | ARE | Banks | 2023-12 | 2.49 | 55.4% | 52.3% | 55.3% | 54.7% | 54.7% | 32.3% | 20.0% | 9.8% | |||
| Arab National Bank | SAU | Banks | 2023-12 | 2.27 | 8.8% | 14.9% | 18.0% | 24.8% | 24.8% | 21.7% | 13.6% | 5.5% | |||
| Bank Albilad | SAU | Banks | 2023-12 | 1.41 | 0.4% | 0.6% | 1.5% | 2.5% | 2.5% | 7.5% | 7.5% | 9.2% | |||
| Commercial Bank of Dubai | ARE | Banks | 2023-12 | 1.34 | 11.0% | 18.7% | 24.9% | 29.4% | 29.4% | 24.6% | 18.2% | 12.6% | |||
| Emirates Islamic Bank | ARE | Banks | 2023-12 | 1.30 | 25.3% | 34.8% | 44.3% | 50.6% | 50.7% | 61.9% | 32.1% | 14.1% | |||
| National Bank of Ras Al-Khaimah | ARE | Banks | 2023-09 | 1.13 | 32.4% | 36.8% | 44.3% | 40.1% | 1.5% | -5.3% | -7.2% | -3.5% | |||
| Saudi Investment Bank | SAU | Banks | 2023-12 | 1.06 | 7.0% | 11.8% | 16.7% | 20.4% | 20.4% | 19.9% | 11.7% | 7.9% | |||
| Kuwait Finance House | KWT | Banks | 2023-12 | 4.59 | -5.3% | 23.0% | 32.3% | 39.9% | 39.5% | 31.9% | 22.7% | 15.3% | |||
| Arab Bankingrp (BSC) | BHR | Banks | 2023-12 | 1.28 | 10.6% | 16.2% | 15.6% | 16.3% | 16.0% | 22.7% | 26.3% | 9.3% | |||
| National Bank of Kuwait SAK | KWT | Banks | 2023-12 | 3.77 | 19.1% | 14.3% | 15.9% | 16.5% | 16.5% | 13.9% | 12.8% | 5.7% | |||
| Kuwait Projects Holding KSC | KWT | Banks | 2023-09 | 1.77 | 132.4% | 95.8% | 97.3% | 34.3% | -38.4% | -21.5% | -17.8% | -8.0% | |||
| BankMuscat (SAOG) | OMN | Banks | 2023-09 | 1.36 | 9.5% | 6.5% | 7.1% | 11.3% | 6.2% | 5.3% | 2.3% | 3.1% | |||
| Bupa Arabia foroperative Insurance | SAU | Insurance | 2023-12 | 4.40 | 21.5% | 20.6% | 21.6% | 23.2% | 22.5% | 23.0% | 14.6% | 14.6% | |||
| Thempany Foroperative Insurance | SAU | Insurance | 2023-09 | 3.70 | 45.6% | 41.7% | 41.1% | 51.8% | 32.2% | 22.4% | 15.1% | 7.0% | |||
| Al-Rajhi Foroperative Insurance | SAU | Insurance | 2023-09 | 0.90 | 22.3% | 48.7% | 34.2% | 33.3% | 8.6% | 3.1% | -1.9% | -2.0% | |||
| Gulf Insurance Group KSC | KWT | Insurance | 2023-09 | 2.21 | 2.1% | 19.6% | 28.3% | 10.5% | 62.9% | 56.2% | 36.2% | 28.6% | |||
| Healthcare | Saudi Chemical | SAU | Drug Manufacturers | 2023-09 | 1.20 | 57.8% | 40.2% | 31.5% | 33.8% | 8.4% | 5.7% | 7.8% | 8.4% | ||
| Aster DM Healthcare | ARE | Healthcare Providers & Services | 2023-12 | 1.64 | 16.2% | 17.0% | 18.1% | 18.5% | 16.4% | 17.7% | 11.3% | 12.2% | |||
| Dr Sulaiman Al Habib Medical Services | SAU | Healthcare Providers & Services | 2023-12 | 2.53 | 10.3% | 14.5% | 14.0% | 14.4% | 14.4% | 14.5% | 17.5% | na | |||
| Nahdi Medical | SAU | Healthcare Providers & Services | 2023-09 | 2.30 | 0.2% | -0.1% | 0.3% | 2.2% | 6.8% | na | na | na | |||
| Aldawaa Medical Services | SAU | Healthcare Providers & Services | 2023-09 | 1.53 | 9.9% | 9.8% | 9.4% | 10.2% | 6.7% | na | na | na | |||
| Burjeel Holdings PLC | ARE | Healthcare Providers & Services | 2023-09 | 0.89 | 23.1% | 19.5% | 19.5% | 57.5% | 16.9% | 23.5% | 18.8% | na | |||
| Industrials | Advance International formmunication | SAU | Business Services | 2023-06 | 1.10 | na | 10.4% | na | 36.4% | 36.7% | na | na | na | ||
| International Holdings | ARE | Conglomerates | 2023-09 | 16.19 | 14.3% | 13.7% | 24.8% | 33.4% | 78.4% | 168.9% | 243.3% | 160.9% | |||
| Alpha Dhabi Holding | ARE | Conglomerates | 2023-09 | 12.48 | 8.1% | 6.4% | 21.7% | 35.0% | 114.5% | 224.5% | na | na | |||
| National Marine Dredging | ARE | Construction | 2023-09 | 4.08 | 114.3% | 120.8% | 105.5% | 83.3% | 35.5% | 55.4% | 56.1% | 49.8% | |||
| Zamil Industrial Investment | SAU | Construction | 2023-09 | 1.18 | 21.2% | 19.4% | 18.3% | 18.2% | 11.4% | 7.7% | -0.9% | -2.3% | |||
| Bawan | SAU | Construction | 2023-09 | 0.98 | 2.3% | -0.7% | -0.7% | 7.7% | 12.5% | 22.4% | 17.6% | 11.3% | |||
| Ras AL Khaimah Ceramics | ARE | Construction | 2023-09 | 0.95 | -7.7% | -6.8% | -1.0% | 3.7% | 22.9% | 22.4% | 11.0% | 4.3% | |||
| Riyadh Cables Group | SAU | Industrial Products | 2023-09 | 2.07 | 17.6% | 15.5% | 18.2% | 54.7% | 40.3% | 29.5% | 14.5% | na | |||
| Abu Dhabi Ports | ARE | Transportation | 2023-09 | 2.68 | 188.9% | 132.5% | 116.0% | 102.2% | 40.6% | 26.7% | 25.7% | na | |||
| National Shipping | SAU | Transportation | 2023-09 | 2.52 | -11.6% | 2.2% | 15.2% | 27.8% | 60.4% | 1.1% | 9.3% | 7.3% | |||
| Air Arabia | ARE | Transportation | 2023-09 | 1.59 | 1.5% | 11.2% | 15.7% | 13.5% | 65.1% | 68.3% | 3.3% | 7.0% | |||
| Aramex | ARE | Transportation | 2023-12 | 1.55 | -0.7% | -2.9% | -4.8% | -3.9% | -3.9% | -3.1% | 1.1% | 2.3% | |||
| Agility Public Warehousing | KWT | Transportation | 2023-09 | 4.36 | 40.8% | 74.4% | 91.5% | 101.3% | 77.6% | 47.3% | -18.2% | -9.3% | |||
| Real Estate | Emaar Properties | ARE | Real Estate | 2023-09 | 6.64 | 14.6% | -1.5% | -2.8% | -11.8% | -10.6% | 17.8% | 0.5% | 5.9% | ||
| Aldar Properties | ARE | Real Estate | 2023-09 | 3.51 | 27.4% | 24.4% | 21.0% | 25.0% | 30.6% | 15.5% | 16.1% | 12.6% | |||
| Emaar Development | ARE | Real Estate | 2023-09 | 2.61 | 41.7% | -13.5% | -21.1% | -28.2% | -26.0% | 8.8% | -3.3% | 5.4% | |||
| Technology | ELM | SAU | Software | 2023-09 | 1.47 | 30.3% | 32.6% | 27.7% | 26.4% | 20.3% | 36.7% | 29.9% | 18.4% | ||
| Utilities | Saudi Electricity | SAU | Utilities - Regulated | 2023-09 | 19.50 | 4.6% | 3.2% | 2.2% | 2.9% | 4.0% | 2.4% | 3.5% | 7.3% | ||
| Abu Dhabi National Energy | ARE | Utilities - Regulated | 2023-12 | 14.17 | 14.0% | 0.6% | 1.7% | 2.7% | 2.7% | 6.8% | 29.3% | 23.7% | |||
| Dubai Electricity & Water Authority | ARE | Utilities - Regulated | 2023-09 | 7.86 | 10.2% | 7.4% | 7.4% | 8.9% | 14.7% | 10.3% | 8.2% | 7.5% | |||
| Power and Water Utility | SAU | Utilities - Regulated | 2023-09 | 1.70 | -3.8% | -3.8% | -2.4% | 30.7% | 5.1% | na | na | na | |||
| ACWA Power | SAU | Utilities - Regulated | 2023-12 | 1.62 | 15.4% | 18.4% | 15.5% | 15.5% | 15.5% | 7.9% | 8.1% | na | |||
| Source: Annual Filings, Company Website | |||||||||||||||