The Americas' Fastest Growing Companies 2022
In Partnership with the Financial Times, Statista identified the fastest-growing companies from across the Americas. The third annual list ranks the 500 companies with the strongest revenue growth between 2017 and 2020.
List of The Americas' Fastest Growing Companies 2022
Project registration
Companies that are interested in participating in next year’s ranking can register below to be notified when applications open.
Did your company make the list?
The “Winner’s Portal” for award-winning companies offers a unique overview of the use of the official Growth Champion certificate as well as the terms and conditions and a personal contact.
The Project
The Americas’ Fastest Growing Companies ranking is a list of the Top 500 companies in the Americas that have achieved the highest percentage growth in revenues between 2017 and 2020. The annual high-profile list compiled by Statista and the Financial Times is a visible and public acknowledgment of fast-growing companies across the region which is published online and as a supplement within the weekday edition of the FT newspaper.
Highest CAGR
855,1%
Minimum CAGR to be included
9,7%
Companies awarded
500
Calculation of growth rates
The calculation of company growth rates is based on the revenue figures submitted by the companies in the respective national currency. For better comparability in the ranking the revenue figures were converted into euros. The average exchange rate for the financial year indicated by the company was used for this purpose.
The compound annual growth rate (CAGR) was calculated as follows:
Methodology
Application Phase
The project was advertised online and in print, allowing all eligible companies to register via the websites created by Statista and the Financial Times. In addition, through research in company databases and other public sources Statista has identified tens of thousands of companies in the Americas as potential candidates for the ranking. These companies were invited to participate in the competition by post, email and telephone.
The application phase ran from 15th September 2021 to 31st January 2022. The submitted revenue figures had to be certified by the CFO, CEO or a member of the Executive Committee of the company.
The ranking was created through a complex procedure. Although the search was very extensive, the ranking does not claim to be complete, as some companies did not want to make their figures public or did not participate for other reasons.
Criteria
To be included in the list of The Americas’ Fastest Growing Companies, a company had to meet the following criteria:
• Revenue of at least $100,000 generated in 2017 (or currency value equivalent according to the average of the actual fiscal year).
• Revenue of at least $1.5m generated in 2020 (or currency value equivalent according to the average of the actual fiscal year).
• Be independent (the company is not a subsidiary or branch office of any kind).
• Revenue growth between 2017 and 2020 that was primarily organic (i.e., “internally” stimulated)
Companies from the following countries are eligible to participate : Argentina, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, United States, Uruguay, Venezuela.
Evaluation
The list ranks entrants from across the Americas by their compound annual growth rate (CAGR) in revenue between 2017 and 2020. The fiscal years that predominantly fall into 2017 and 2020 were used for this calculation.
Quality Assurance
All data reported by the companies was processed and checked by Statista. Missing data entries (employee numbers, address data, etc.) were researched in detail. Companies that did not fulfill the criteria for inclusion in the ranking were deleted.
A detailed report on our methodology for The Americas' Fastest Growing Companies 2022 is available.
Our Partner
The Financial Times is one of the world’s leading business news organizations, recognized internationally for its authority, integrity and accuracy. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.
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