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100 Fastest-Growing Companies

High inflation and slowing economic growth have flattened out the meteoric ascent of some of the world’s best-known companies, especially in tech. That’s why there’s so much change this year on Fortune’s annual ranking of the world’s top growers in revenues, profits, and stock returns. Only 24 companies return in 2022 from last year’s top 100: Say “so long, for now” to Amazon, Netflix, and Facebook parent Meta, among many others. The financial sector was the biggest force on the list for the third consecutive year, with 25 companies represented. The resurgent energy sector, meanwhile, placed five companies on the list—more than in the previous six years combined. This year’s group delivered stellar revenue and profit growth, but collectively it underperformed the broader stock market, delivering a 31% average return to shareholders over the past three years, compared to 35% for the S&P 500. Click below or at right to explore the list, now in its 37th year.
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2022 OverviewMethodology

The Top 10

Daqo New Energy

Energy

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Futu Holdings

Financials

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FLEX LNG

Transportation

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Atlanticus Holdings

Prev. #1

Financials

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Palomar Holdings

Financials

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Enphase Energy

Energy

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Advanced Micro Devices

Prev. #10

Technology

Advanced Micro Devices (AMD) is a global semiconductor company that designs and manufactures ... View profile

Himax Technologies

Technology

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PennyMac Financial Services

Prev. #4

Financials

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Horizon Therapeutics

Health Care

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The Full List

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RankCompany nameRevenue past four quarters ($M)Net Income past four quarters ($M)Market value ($M)EPS 3 Yr Annual Growth RateRevenue 3 Yr Annual Growth RateTotal Return 3 Yr Annual Rate
1
1
Daqo New Energy
Revenue past four quarters ($M)$2,703Net Income past four quarters ($M)$1,202Market value ($M)$3,583EPS 3 Yr Annual Growth Rate284%Revenue 3 Yr Annual Growth Rate97%Total Return 3 Yr Annual Rate103%
2
2
Futu Holdings
Revenue past four quarters ($M)$838Net Income past four quarters ($M)$284Market value ($M)$5,198EPS 3 Yr Annual Growth Rate208%Revenue 3 Yr Annual Growth Rate151%Total Return 3 Yr Annual Rate70%
3
3
FLEX LNG
Revenue past four quarters ($M)$337Net Income past four quarters ($M)$171Market value ($M)$1,710EPS 3 Yr Annual Growth Rate206%Revenue 3 Yr Annual Growth Rate72%Total Return 3 Yr Annual Rate43%
4
4
Atlanticus Holdings
Revenue past four quarters ($M)$833Net Income past four quarters ($M)$179Market value ($M)$387EPS 3 Yr Annual Growth Rate107%Revenue 3 Yr Annual Growth Rate53%Total Return 3 Yr Annual Rate106%
5
5
Palomar Holdings
Revenue past four quarters ($M)$277Net Income past four quarters ($M)$44Market value ($M)$2,251EPS 3 Yr Annual Growth Rate495%Revenue 3 Yr Annual Growth Rate51%Total Return 3 Yr Annual Rate39%
6
6
Enphase Energy
Revenue past four quarters ($M)$1,522Net Income past four quarters ($M)$166Market value ($M)$32,820EPS 3 Yr Annual Growth Rate65%Revenue 3 Yr Annual Growth Rate59%Total Return 3 Yr Annual Rate120%
7
7
Advanced Micro Devices
Revenue past four quarters ($M)$18,876Net Income past four quarters ($M)$3,393Market value ($M)$93,566EPS 3 Yr Annual Growth Rate173%Revenue 3 Yr Annual Growth Rate45%Total Return 3 Yr Annual Rate36%
8
8
Himax Technologies
Revenue past four quarters ($M)$1,651Net Income past four quarters ($M)$486Market value ($M)$957EPS 3 Yr Annual Growth Rate361%Revenue 3 Yr Annual Growth Rate32%Total Return 3 Yr Annual Rate37%
9
9
PennyMac Financial Services
Revenue past four quarters ($M)$3,918Net Income past four quarters ($M)$800Market value ($M)$2,368EPS 3 Yr Annual Growth Rate102%Revenue 3 Yr Annual Growth Rate59%Total Return 3 Yr Annual Rate27%
10
10
Horizon Therapeutics
Revenue past four quarters ($M)$3,769Net Income past four quarters ($M)$862Market value ($M)$14,793EPS 3 Yr Annual Growth Rate65%Revenue 3 Yr Annual Growth Rate44%Total Return 3 Yr Annual Rate49%
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Fortune Ranking

  • 100 Fastest-Growing Companies
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