Germany's Growth Champions 2024

The Growth Champions 2024 are a list of the top 500 companies in Germany that achieved high percentage revenue growth between 2019 and 2022.

  • Clear and detailed methodology
  • Segmented by states and industry

Who are

Germany's Growth Champions 2024

The Project

About the project

387%

Highest CAGR

9%

Minimum CAGR to be included

500

Companies awarded

project registration

Register for Growth Champions 2025 and you will be invited to the next edition:

calculation of growth rates

The calculation of the companies’ growth rates is based on the turnover figures submitted by the companies.
The compound annual growth rate (CAGR) was calculated as follows:

methodology

How we work

Group 1161

Application Phase

All relevant companies identified by Statista were invited by post (by FOCUS) and by email (by Statista) to apply with their company for the Wachstumschampions 2024. In addition, the project was advertised via ads (print and online) so that companies that were not invited also had the opportunity to apply via the website created by Statista and FOCUS.
The application phase ran from 07 April to 30 June 2023. Throughout the competition phase, Statista took care of the participants and managed the data received. In addition to registering via an online form, the companies had to certify their turnover data via a form that was sent to Statista.
Group 1162

Criteria

  • Minimum revenue 2019: 100,000 EUR
  • Minimum revenue 2022: 1,800,000 EUR
  • The company must be independent (i.e. not a subsidiary or branch)
  • The company must have its headquarters in Germany
  • The growth must be predominantly organic
Group 1160

Evaluation

The list ranks the companies from Germany according to their compound annual growth rate (CAGR) based on turnover between 2019 and 2022. The sales of the financial years that predominantly fall in 2019 and 2022 were used for this calculation.

Group 1157

Quality Assurance

All data reported by the companies were processed and checked by Statista. Missing information (number of employees, address data, etc.) was researched in detail. Companies that did not meet the criteria for inclusion in the ranking were deleted.

Partnership

Our reliable partner

Focus is the modern news magazine – forward-looking, constructively critical, fact-oriented. Focus revolutionized the magazine industry when it was founded in 1993. With infographics and short, to-the-point texts, it anticipated the narrative forms of the Internet in its magazine articles. Since then, the editorial team has been getting to the heart of facts and analysis week after week.

Projects with this partner

contact us

Get in touch with us. We are happy to help.

Whether you have questions about your rank, our projects, or why you’re not on the list. Contact us.

Focus Business

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