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Restaurants Industry Net Income Growth Rates

Net Income Growth Information & Trends 
 


Category:   Period:  

Restaurants Industry 3 Q 2 Q 1 Q 4 Q 3 Q
  2024 2024 2024 FY 2023 2023
Y / Y Net Income Quarterly Growth 15.43 % -11.39 % -1.83 % 17.88 % 10.96 %
Seq. Net Income Quarterly Growth -21.82 % 12.24 % -12.27 % -1.35 % -8.61 %
Overall Ranking Y/Y # 36 # 65 # 56 # 34 # 40
Y / Y Net Income Annual Growth (at the end of Fiscal Year) 31.58 %
Y / Y Net Income Growth (Annual by Quarter Ending) 14.34 % 2.96 % 17.3 % 31.58 % 29.03 %
Seq. Net Income Growth (Annual by Quarter Ending) 2.98 % -2.94 % -2.88 % 5.33 % 2.93 %
Overall Ranking Y/Y (Annual) # 33 # 49 # 38 # 24 # 22



Net Income growth Comment

Restaurants Industry's pace of Net Income growth in 3 Q 2024 accelerated to 15.43 % year on year, but remained below Industry average.

Sequentially Net Income fell by -21.82 %.

Within Services sector 9 other industries have accomplished higher Net Income growth. Net Income growth total ranking has impoved so far to 36, from total ranking in previous quarter at 65.

 

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
129.27 % 17.49 % -68.93 %
4. quarter 2019
 
4. quarter 2018

Industry Net Income Y/Y Growth Ranking
Within: No.
Services Sector # 10
Overall Market # 36



Annual Basis Restaurants Net Income Y/Y Growth

 


Net Income Y/Y Annual Growth Statistics
High
Average
Low
256.18 % 16.18 % -50.16 %
4. quarter 2021
 
4. quarter 2020

Net Income growth Y/Y Annual Comment
On the trailing twelve months basis
Restaurants Industry's pace of cumulative 12 months Net Income growth in 3 Q 2024 accelerated to 14.34 % year on year, but remained below Industry average.

Sequentially TTM Net Income grew by 2.98 %.

Within Services sector 8 other industries have achieved higher Net Income growth. Net Income growth total ranking has improved so far to 33, from total ranking in the previous quarter at 49.

Industry Net Income Y/Y Growth Ranking Annual
Within: No.
Sector # 9
Overall Market # 33





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