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Services Sector Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Services Sector 4 Q 3 Q 2 Q 1 Q 4 Q
  FY 2023 2023 2023 2023 FY 2022
Y / Y Revenue Quarterly Growth 5.79 % 4.78 % - 5.42 % -22.48 %
Seq. Revenue Quarterly Growth 1.65 % - - 24.95 % -24.07 %
Overall Ranking Y/Y # 13 # 6 # 5 # 4 # 8
Y / Y Revenue Annual Growth (at the end of Fiscal Year) - -
Y / Y Revenue Growth (Annual by Quarter Ending) - -39.94 % -38.9 % 5.05 % -
Seq. Revenue Growth (Annual by Quarter Ending) - 2.25 % -40.21 % 0.63 % -
Overall Ranking Y/Y (Annual) # 12 # 11 # 11 # 8 # 7



Revenue growth Comment

Services Sector's pace of Revenue growth in 4 Q 2023 accelerated to 5.79 % year on year, but remained below Sector average.

Sequentially Revenue grew by 1.65 %.

Revenue increase overall ranking has deteriorated compared to the previous quarter from 6 to 13.

 

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



Revenue Y/Y Growth Statistics
High
Average
Low
117.52 % 7.48 % -99.06 %
4. quarter 2021
 
1. quarter 2021

Sector Revenue Y/Y Growth Ranking
Within: No.
Overall Market # 13



Annual Basis Services Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
20.18 % -11.4 % -344.76 %
3. quarter 2015
 
4. quarter 2023

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Services Sector faced contraction in cumulative twelve months Revenue by -239.48 % in 4 Q 2023 year on year.

Sequentially cumulative Revenue fell by -356.37 %.

Revenue growth total ranking has declined compared to a quarter before from 11 to 12.

Sector Revenue Y/Y Growth Ranking Annual
Within: No.
Overall Market # 12





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