Revenue Growth Benchmarks
Top-line performance metrics of companies across industries and countries
Top 100 German Companies
Consumer cyclical, constituting one-third of total revenues, exhibited consistent growth in LTM sales at 10%, as well as over the 1-year (15%) and 3-year (10%) periods. Over a 5-year span, utilities (28%) and healthcare (25%) propelled sales growth, while financial services (3%), communication services (4%), and industrials (4%) trailed. The fastest-growing companies of the year included Gelsenwasser AG (112%), Deutsche Lufthansa AG (94%), and Mainova AG (91%). Conversely, financial companies Wustenrot & Wurttembergische AG and Nuernberger Beteiligungs AG reported a decline in revenues in the latest completed fiscal year.
[ 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 | K+S | DEU | Agriculture | 2023-09 | 4.68 | -40.1% | -42.7% | -30.9% | -16.7% | 76.7% | 52.8% | 30.6% | 9.4% | ||
| KWS SAAT SE & Co KGaA | DEU | Agriculture | 2023-12 | 1.92 | -15.6% | -8.0% | -7.3% | 6.2% | 18.2% | 17.9% | 12.4% | 11.2% | |||
| Heidelberg Materials | DEU | Building Materials | 2023-06 | 22.66 | na | 5.3% | na | 9.6% | 12.7% | 9.5% | 3.8% | 4.1% | |||
| Basf SE | DEU | Chemicals | 2023-09 | 77.34 | -28.3% | -26.4% | -22.0% | -17.6% | 11.1% | 21.5% | 13.8% | 7.4% | |||
| Brenntag SE | DEU | Chemicals | 2023-09 | 18.82 | -19.8% | -17.9% | -12.4% | -6.0% | 35.1% | 28.3% | 14.9% | 10.6% | |||
| Evonik Industries | DEU | Chemicals | 2023-09 | 17.10 | -22.7% | -20.7% | -17.6% | -12.3% | 23.6% | 23.1% | 12.1% | 5.1% | |||
| Lanxess | DEU | Chemicals | 2023-09 | 7.75 | -26.7% | -19.2% | -13.7% | -7.0% | 32.6% | 15.1% | 5.9% | 4.4% | |||
| Symrise | DEU | Chemicals | 2023-06 | 5.00 | na | 6.8% | na | 14.2% | 20.7% | 14.5% | 10.7% | 9.0% | |||
| Fuchs SE | DEU | Chemicals | 2023-09 | 3.81 | -2.9% | 1.6% | 6.1% | 8.6% | 18.8% | 19.8% | 9.9% | 6.6% | |||
| Verbio SE | DEU | Chemicals | 2023-12 | 1.95 | -13.3% | -15.7% | -18.0% | -13.5% | 8.6% | 38.5% | 31.2% | 23.5% | |||
| H&R GmbH & Co KGaA | DEU | Chemicals | 2023-09 | 1.48 | -19.5% | -20.3% | -15.3% | -9.5% | 32.6% | 34.4% | 13.6% | 9.0% | |||
| Salzgitter | DEU | Steel | 2023-09 | 11.96 | -17.9% | -15.5% | -13.9% | -10.7% | 28.5% | 33.1% | 13.7% | 6.9% | |||
| Kloeckner & Co SE | DEU | Steel | 2023-09 | 8.51 | -18.5% | -21.3% | -19.1% | -15.4% | 26.0% | 35.2% | 14.1% | 8.3% | |||
| Communication Services | ProSiebenSat 1 Media SE | DEU | Media - Diversified | 2023-09 | 4.10 | -2.6% | -10.2% | -11.2% | -11.7% | -7.4% | 1.4% | 0.2% | 0.4% | ||
| Stroeer SE & Co KGaA | DEU | Media - Diversified | 2023-09 | 2.00 | 10.8% | 9.0% | 8.2% | 5.7% | 8.9% | 10.8% | 3.7% | 6.7% | |||
| Deutsche Telekom | DEU | Telecommunication Services | 2023-09 | 119.10 | -4.7% | -3.5% | -2.8% | -1.4% | 5.8% | 6.8% | 12.3% | 8.7% | |||
| Telefonica Deutschland Holding | DEU | Telecommunication Services | 2023-12 | 9.32 | na | 3.4% | na | 4.7% | 4.7% | 5.3% | 4.6% | 3.3% | |||
| United Internet | DEU | Telecommunication Services | 2023-09 | 6.54 | 5.2% | 3.7% | 4.7% | 4.4% | 4.8% | 5.0% | 4.4% | 7.1% | |||
| 1&1 | DEU | Telecommunication Services | 2023-09 | 4.32 | 4.0% | 1.8% | 2.8% | 2.2% | 1.4% | 2.3% | 2.6% | 7.1% | |||
| freenet | DEU | Telecommunication Services | 2023-09 | 2.79 | 2.6% | 2.3% | 2.6% | 1.6% | 0.0% | -0.4% | -4.5% | -6.1% | |||
| Consumer Cyclical | adidas | DEU | Manufacturing - Apparel & Accessories | 2023-09 | 23.32 | -6.4% | -5.5% | -4.0% | -2.8% | 6.0% | 10.5% | -1.6% | 1.2% | ||
| Hugo Boss | DEU | Manufacturing - Apparel & Accessories | 2023-09 | 4.37 | 10.1% | 13.3% | 16.9% | 17.2% | 31.1% | 37.0% | 8.2% | 6.0% | |||
| Ceconomy | DEU | Retail - Cyclical | 2023-09 | 23.77 | 2.1% | -0.2% | 1.7% | 2.2% | 2.2% | 2.0% | 2.2% | 0.8% | |||
| Zalando SE | DEU | Retail - Cyclical | 2023-09 | 10.96 | -3.2% | -2.8% | -1.3% | -0.2% | -0.1% | 13.8% | 16.9% | 18.2% | |||
| Delivery Hero SE | DEU | Retail - Cyclical | 2023-06 | 10.07 | na | 26.8% | na | 33.1% | 46.5% | 86.3% | 90.7% | 80.0% | |||
| HORNBACH Holding | DEU | Retail - Cyclical | 2023-11 | 6.67 | -4.0% | -1.3% | -1.7% | -0.2% | 6.6% | 7.1% | 9.8% | 8.6% | |||
| Volkswagen | DEU | Vehicles & Parts | 2023-09 | 332.90 | 11.6% | 13.4% | 15.9% | 16.9% | 11.6% | 11.9% | 3.4% | 4.0% | |||
| Mercedes-Benz Group | DEU | Vehicles & Parts | 2023-09 | 164.56 | -1.4% | 1.7% | 3.6% | 6.7% | 12.0% | 11.0% | -4.6% | -1.8% | |||
| Bayerische Motoren Werke | DEU | Vehicles & Parts | 2023-09 | 162.53 | 3.4% | 5.2% | 9.2% | 15.6% | 28.2% | 20.0% | 11.0% | 7.7% | |||
| Continental | DEU | Vehicles & Parts | 2023-09 | 44.11 | -1.5% | 4.2% | 6.4% | 8.8% | 16.7% | 11.2% | -4.0% | -2.2% | |||
| Schaeffler | DEU | Vehicles & Parts | 2023-09 | 17.41 | -4.2% | 1.1% | 4.1% | 6.5% | 14.1% | 12.1% | 3.1% | 2.4% | |||
| HELLA GmbH & Co KGaA | DEU | Vehicles & Parts | 2023-09 | 8.51 | 8.1% | 13.8% | 16.8% | 19.8% | -0.8% | 4.2% | -3.3% | -0.8% | |||
| Grammer | DEU | Vehicles & Parts | 2023-09 | 2.46 | 0.6% | 6.2% | 8.9% | 10.0% | 13.4% | 12.3% | 1.9% | 3.9% | |||
| ElringKlinger | DEU | Vehicles & Parts | 2023-09 | 2.01 | -2.7% | 2.9% | 5.9% | 8.2% | 10.7% | 10.2% | 1.4% | 1.6% | |||
| JOST Werke SE | DEU | Vehicles & Parts | 2023-09 | 1.36 | -10.7% | -4.1% | 0.3% | 3.3% | 20.3% | 26.2% | 19.8% | 12.5% | |||
| Consumer Defensive | Henkel & Co KGaA | DEU | Consumer Packaged Goods | 2023-06 | 23.49 | na | 0.1% | na | 6.4% | 11.6% | 7.9% | 3.6% | 2.3% | ||
| Suedzucker | DEU | Consumer Packaged Goods | 2023-11 | 10.98 | 8.8% | 8.9% | 9.5% | 12.2% | 25.0% | 19.2% | 12.5% | 6.3% | |||
| Beiersdorf | DEU | Consumer Packaged Goods | 2023-12 | 10.22 | na | 4.3% | na | 7.4% | 7.4% | 11.3% | 10.4% | 5.5% | |||
| METRO | DEU | Retail - Defensive | 2023-09 | 32.65 | -1.1% | -2.3% | 1.3% | 2.7% | 2.7% | 11.1% | 6.0% | 2.7% | |||
| Financial Services | Deutsche Bank | DEU | Banks | 2023-09 | 30.28 | 4.9% | 8.6% | 7.4% | 6.7% | 5.3% | 5.5% | 5.0% | 0.7% | ||
| Commerzbank | DEU | Banks | 2023-09 | 12.13 | 18.5% | 25.2% | 13.5% | 14.5% | 7.7% | 8.9% | 5.5% | 3.8% | |||
| Deutsche Boerse | DEU | Capital Markets | 2023-09 | 6.19 | 9.1% | 13.3% | 15.0% | 16.5% | 19.8% | 18.6% | 16.5% | 13.5% | |||
| Allianz SE | DEU | Insurance | 2023-09 | 176.87 | -2.8% | 45.0% | 34.1% | 10.0% | -3.9% | 0.9% | 0.4% | 1.2% | |||
| Munich Re | DEU | Insurance | 2023-09 | 75.44 | -1.2% | -0.4% | 4.0% | 16.4% | 7.2% | 8.0% | 6.0% | 4.4% | |||
| Talanx | DEU | Insurance | 2023-09 | 46.90 | 6.3% | 18.5% | 14.4% | 41.5% | 13.6% | 11.9% | 8.9% | 8.7% | |||
| Hannover Rueck SE | DEU | Insurance | 2023-09 | 31.74 | -15.4% | -11.9% | -12.3% | 8.5% | 21.4% | 16.8% | 13.6% | 12.7% | |||
| Wustenrot & Wurttembergische | DEU | Insurance | 2023-09 | 7.01 | -7.0% | 34.4% | 40.9% | 31.2% | -30.6% | -11.0% | -8.8% | -2.7% | |||
| Nuernberger Beteiligungs | DEU | Insurance | 2023-06 | 4.99 | na | 547.3% | na | 45.1% | -57.1% | -23.7% | -23.2% | -11.9% | |||
| Healthcare | BioNTech SE | DEU | Biotechnology | 2023-09 | 7.04 | -72.1% | -83.3% | -81.9% | -65.0% | -14.5% | 459.0% | 433.6% | 202.1% | ||
| Bayer | DEU | Drug Manufacturers | 2023-09 | 51.07 | -8.3% | -11.3% | -7.7% | -4.2% | 15.1% | 10.7% | 5.2% | 7.7% | |||
| Merck KGaA | DEU | Drug Manufacturers | 2023-09 | 22.90 | -10.9% | -7.9% | -4.9% | -1.6% | 12.9% | 12.6% | 11.2% | 8.9% | |||
| Fresenius SE & Co KGaA | DEU | Healthcare Providers & Services | 2023-09 | 54.60 | 2.5% | 3.1% | 3.9% | 45.6% | 8.8% | 6.1% | 4.9% | 3.8% | |||
| Fresenius Medical Care | DEU | Healthcare Providers & Services | 2023-12 | 21.06 | -0.2% | -1.7% | -0.7% | 0.3% | 0.3% | 5.1% | 2.9% | 3.3% | |||
| Rhoen Klinikum | DEU | Healthcare Providers & Services | 2023-09 | 1.57 | 1.3% | 1.0% | 2.0% | 2.0% | 3.1% | 3.1% | 3.5% | 3.6% | |||
| Sartorius | DEU | Medical Devices & Instruments | 2023-12 | 3.68 | -20.0% | -21.5% | -20.9% | -18.7% | -18.7% | -0.8% | 13.3% | 16.7% | |||
| Draegerwerk & Co KGaA | DEU | Medical Devices & Instruments | 2023-09 | 3.57 | 8.8% | 13.2% | 14.5% | 13.1% | -8.5% | -5.4% | 3.1% | 3.4% | |||
| Sartorius Stedim Biotech SA | DEU | Medical Devices & Instruments | 2023-12 | 3.00 | -20.6% | -22.3% | -22.1% | -20.5% | -20.5% | -2.0% | 13.3% | 18.0% | |||
| Carl Zeiss Meditec | DEU | Medical Devices & Instruments | 2023-09 | 2.23 | 1.7% | 6.4% | 8.5% | 9.8% | 9.8% | 12.6% | 16.1% | 10.3% | |||
| Gerresheimer | DEU | Medical Devices & Instruments | 2023-11 | 2.15 | 3.1% | 3.1% | 6.0% | 9.5% | 9.5% | 15.3% | 11.9% | 7.8% | |||
| Fielmann Group | DEU | Medical Devices & Instruments | 2023-09 | 2.07 | 13.8% | 12.9% | 13.7% | 11.1% | 4.8% | 11.0% | 5.0% | 4.9% | |||
| Industrials | Rheinmetall | DEU | Aerospace & Defense | 2023-09 | 7.42 | 24.2% | 15.3% | 13.0% | 17.5% | 13.3% | 8.9% | 0.8% | 1.7% | ||
| MTU Aero Engines | DEU | Aerospace & Defense | 2023-06 | 6.24 | na | 25.3% | na | 28.0% | 27.3% | 15.8% | 4.8% | 6.5% | |||
| Sixt SE | DEU | Business Services | 2023-09 | 3.73 | 13.2% | 18.0% | 18.4% | 17.5% | 34.3% | 41.5% | 7.0% | 3.3% | |||
| BayWa | DEU | Conglomerates | 2023-09 | 27.31 | -21.8% | -14.2% | -9.7% | -3.0% | 36.2% | 28.0% | 16.8% | 11.1% | |||
| Indus Holding | DEU | Conglomerates | 2023-09 | 1.95 | 0.2% | -1.7% | 1.4% | 8.4% | 10.4% | 7.6% | 1.2% | 1.9% | |||
| Hochtief | DEU | Construction | 2023-09 | 29.35 | 2.3% | 2.8% | 6.5% | 10.2% | 22.6% | 6.9% | 0.5% | 3.0% | |||
| Bilfinger SE | DEU | Construction | 2023-09 | 4.80 | 3.9% | 3.9% | 5.7% | 9.6% | 15.4% | 11.6% | -0.1% | 1.3% | |||
| Sto SE & Co KGaA | DEU | Construction | 2023-06 | 1.84 | na | -3.6% | na | 3.2% | 12.4% | 11.7% | 8.5% | 6.9% | |||
| Bauer | DEU | Construction | 2023-06 | 1.81 | 3.4% | 13.0% | 14.8% | 14.6% | 13.8% | 10.2% | 3.5% | -0.5% | |||
| KION GROUP | DEU | Farm & Heavy Construction Machinery | 2023-09 | 12.01 | 0.9% | 1.0% | 1.3% | 2.1% | 8.2% | 15.5% | 8.1% | 7.9% | |||
| Wacker Neuson SE | DEU | Farm & Heavy Construction Machinery | 2023-09 | 2.81 | 14.0% | 20.3% | 22.7% | 24.0% | 20.7% | 18.1% | 5.8% | 8.0% | |||
| Siemens | DEU | Industrial Products | 2023-09 | 83.12 | 4.0% | 4.8% | 7.6% | 8.0% | 8.0% | 11.8% | 12.1% | -1.3% | |||
| thyssenkrupp | DEU | Industrial Products | 2023-12 | 39.72 | -9.3% | -13.2% | -12.9% | -10.8% | -8.8% | 5.0% | 9.1% | -2.0% | |||
| Aurubis | DEU | Industrial Products | 2023-12 | 18.21 | -5.6% | -4.4% | -9.2% | -7.7% | -7.9% | 2.3% | 11.1% | 10.4% | |||
| Nordex SE | DEU | Industrial Products | 2023-09 | 6.73 | -1.3% | 10.9% | 15.6% | 17.5% | 4.6% | 10.6% | 20.1% | 13.1% | |||
| GEA Group | DEU | Industrial Products | 2023-09 | 5.75 | -0.2% | 2.6% | 5.7% | 6.8% | 9.8% | 5.6% | 1.9% | 2.3% | |||
| Krones | DEU | Industrial Products | 2023-09 | 4.97 | 10.0% | 11.2% | 14.5% | 15.3% | 15.8% | 12.6% | 2.1% | 2.7% | |||
| Duerr | DEU | Industrial Products | 2023-09 | 4.85 | 3.6% | 5.2% | 7.2% | 11.1% | 22.0% | 13.9% | 3.2% | 3.0% | |||
| KSB SE & Co KGaA | DEU | Industrial Products | 2023-06 | 2.95 | na | 21.0% | na | 18.4% | 9.8% | 8.0% | 2.6% | 3.1% | |||
| DMG Mori Aktiengesellschaft | DEU | Industrial Products | 2023-06 | 2.55 | na | 5.8% | na | 8.4% | 15.2% | 13.7% | -4.3% | 0.1% | |||
| Heidelberger Druckmaschinen | DEU | Industrial Products | 2023-12 | 2.59 | -2.5% | -4.8% | -2.5% | 1.9% | 11.5% | 12.8% | 1.2% | 0.1% | |||
| Deutz | DEU | Industrial Products | 2023-09 | 2.24 | 11.0% | 7.9% | 10.3% | 14.0% | 20.8% | 22.8% | 2.0% | 5.7% | |||
| Takkt | DEU | Industrial Products | 2023-09 | 1.37 | -10.6% | -6.8% | -5.3% | -3.1% | 13.5% | 11.9% | 3.3% | 3.7% | |||
| Koenig & Bauer | DEU | Industrial Products | 2023-09 | 1.36 | -6.1% | 7.5% | 10.6% | 12.1% | 6.3% | 7.4% | -1.6% | -0.5% | |||
| DHL Group | DEU | Transportation | 2023-09 | 89.98 | -19.3% | -17.8% | -14.5% | -10.5% | 15.5% | 19.0% | 14.2% | 9.3% | |||
| Deutsche Lufthansa | DEU | Transportation | 2023-09 | 39.45 | 7.7% | 12.1% | 18.4% | 30.1% | 94.9% | 55.3% | -3.5% | -1.6% | |||
| Fraport | DEU | Transportation | 2023-09 | 4.12 | 19.7% | 23.5% | 27.7% | 27.9% | 49.0% | 38.0% | -4.8% | 1.7% | |||
| Hamburger Hafen und Logistik | DEU | Transportation | 2023-09 | 1.60 | -7.7% | -7.8% | -7.1% | -4.1% | 7.7% | 10.2% | 4.5% | 4.7% | |||
| Technology | Infineon Technologies | DEU | Semiconductors | 2023-12 | 17.38 | -6.3% | -3.0% | 1.9% | 7.0% | 14.7% | 21.4% | 23.9% | 16.5% | ||
| SMA Solar Technology | DEU | Semiconductors | 2023-09 | 1.79 | 121.4% | 92.7% | 84.7% | 74.4% | 8.4% | 1.9% | 5.2% | 3.6% | |||
| Siltronic | DEU | Semiconductors | 2023-09 | 1.74 | -26.4% | -17.8% | -13.2% | -4.7% | 28.5% | 22.3% | 12.4% | 8.9% | |||
| SAP SE | DEU | Software | 2023-12 | 33.78 | -10.1% | -4.0% | -1.4% | 1.1% | 1.1% | 5.9% | 4.5% | 4.8% | |||
| Bechtle | DEU | Software | 2023-09 | 6.73 | 1.0% | 3.7% | 6.3% | 9.3% | 13.6% | 9.3% | 3.9% | 11.0% | |||
| CANCOM SE | DEU | Software | 2023-09 | 1.54 | 25.8% | 18.2% | 14.4% | 11.6% | 1.0% | 5.0% | -5.6% | 2.4% | |||
| Utilities | E.ON SE | DEU | Utilities - Regulated | 2023-09 | 110.43 | -41.3% | -31.5% | -15.1% | -6.8% | 49.5% | 37.8% | 41.5% | 25.4% | ||
| EnBW Energie Baden | DEU | Utilities - Regulated | 2023-09 | 54.73 | -35.4% | -27.4% | -12.2% | -3.2% | 74.2% | 68.6% | 42.3% | 20.6% | |||
| RWE | DEU | Utilities - Regulated | 2023-09 | 34.44 | -43.8% | -39.5% | -22.7% | -16.1% | 56.1% | 67.4% | 43.0% | 22.7% | |||
| Gelsenwasser | DEU | Utilities - Regulated | 2023-06 | 10.22 | na | -60.3% | na | -8.7% | 112.1% | 179.4% | 90.3% | 61.7% | |||
| MVV Energie | DEU | Utilities - Regulated | 2023-12 | 7.36 | 10.5% | 2.7% | 3.1% | 10.0% | 11.7% | 25.0% | 24.5% | 11.0% | |||
| Mainova | DEU | Utilities - Regulated | 2023-06 | 6.90 | na | -18.8% | na | 24.3% | 91.1% | 77.7% | 46.3% | 29.0% | |||
| Source: Annual Filings, Company Website | |||||||||||||||