Annual Revenue Growth
What is this metric?
The Annual Revenue Growth metric measures year-over-year changes in revenue by brand using the most recent quarter of annual revenue figures.
How is this metric calculated?
BlueOcean calculates the percentage change between the most recent quarter's revenue data and the same quarter in the previous year (e.g., Q1, 2023 vs. Q1, 2024).
Data Source(s): BlueOcean-trained Proprietary Data Model considering estimated data from:
- SEC filings and third-party data (e.g., Apollo, Latka, Owler, Rocketreach, MacroTrends, and Zoominfo)
Data Source Update Frequency: Quarterly
Can Ratios Impact this Measurement? No
BlueOcean Applicable Framework(s): BlueOcean framework │BlueOcean Basic framework
How is this information valuable to my brand?
The Annual Revenue Growth metric is a valuable resource for:
- Performance Evaluation: Annual revenue growth is a crucial metric for evaluating a brand's financial health and performance. Brands can assess their ability to generate increasing revenue over time.
- Competitive Analysis: Comparing revenue growth with competitors helps brands understand their relative performance in the market. Brands with higher revenue growth may be seen as more competitive and innovative.
- Market Positioning: Revenue growth can influence a brand's market positioning. Brands with solid revenue growth may be perceived as leaders in their industry, attracting customers and investors.
- Strategic Planning: Understanding revenue growth rates informs strategic planning. based on their growth trajectory, brands can set realistic growth targets, plan expansion, and allocate resources effectively.
- Risk Assessment: A declining or stagnant revenue growth rate can be an early warning sign of issues or challenges. Brands can use this data for risk assessment and contingency planning.
- Budget Allocation: Brands can make more informed decisions about budget allocation and expansion efforts based on their revenue growth performance.
- Marketing Strategy: Brands can incorporate revenue growth as a marketing point to build trust and credibility with customers and investors.
Additional considerations where this metric can play a role:
- Investor Attraction: Brands with consistent and strong revenue growth are often more attractive to investors. This can result in increased investment and potentially higher stock prices.
- Investor Relations: Revenue growth data is useful in investor relations efforts to demonstrate financial strength and attract potential investors and partners.
- Competitive Advantages: Understanding how revenue growth compares to competitors can reveal areas where a brand may have competitive advantages. It can help identify niches or opportunities for growth.
- Long-Term Strategy: Revenue growth data can inform a brand's long-term strategic planning, ensuring that growth remains a central focus of a brand's identity.