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Professional Services Industry Net Income Growth Rates

Net Income Growth Information & Trends 
 


Category:   Period:  

Professional Services Industry 1 Q 4 Q 3 Q 2 Q 1 Q
  2024 FY 2023 2023 2023 2023
Y / Y Net Income Quarterly Growth 9.92 % - 63.66 % 18.55 % 91.97 %
Seq. Net Income Quarterly Growth -15.13 % 11.44 % 90 % -34.12 % -
Overall Ranking Y/Y # 5 # # 22 # 32 # 16
Y / Y Net Income Annual Growth (at the end of Fiscal Year) 124.3 %
Y / Y Net Income Growth (Annual by Quarter Ending) 2.01 % 124.3 % -40.65 % -44.8 % -44.34 %
Seq. Net Income Growth (Annual by Quarter Ending) 2.2 % 55.85 % 35.19 % 4.54 % 30.17 %
Overall Ranking Y/Y (Annual) # 3 # 10 # 78 # 84 # 76



Net Income growth Comment

Professional Services Industry's pace of Net Income growth in 1 Q 2024 accelerated to 9.92 % year on year, but remained below Industry average.

Sequentially Net Income fell by -15.13 %.

Within Services sector only one Industry has achieved higher Net Income growth. Net Income increase overall ranking has deteriorated compared to the previous quarter from to 5.

 

Note, Numbers include only companies who have reported earnings results. Numbers change as more businesses report financial results. See the full List.



Net Income Y/Y Growth Statistics
High
Average
Low
4259.02 % 149.53 % -88.75 %
1. quarter 2021
 
1. quarter 2020

Industry Net Income Y/Y Growth Ranking
Within: No.
Services Sector # 2
Overall Market # 5



Annual Basis Professional Services Net Income Y/Y Growth

 


Net Income Y/Y Annual Growth Statistics
High
Average
Low
340.08 % 21.26 % -71.37 %
2. quarter 2021
 
4. quarter 2022

Net Income growth Y/Y Annual Comment
On the trailing twelve months basis
Professional Services Industry's pace of Net Income growth in 1 Q 2024 decelerated to 2.01 % year on year, below Professional Services Industry average.

Sequentially TTM Net Income grew by 2.2 %.

Within Services sector, Professional Services Industry accomplished the highest Net Income growth. Net Income growth total ranking has improved so far to 3, from total ranking in the previous quarter at 10.

Industry Net Income Y/Y Growth Ranking Annual
Within: No.
Sector # 1
Overall Market # 3





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