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Services Sector Revenue Growth Rates

Revenue Growth Information & Trends 
 


Category:   Period:  

Services Sector 1 Q 4 Q 3 Q 2 Q 1 Q
  2023 FY 2022 2022 2022 2022
Y / Y Revenue Quarterly Growth 5.1 % -24.37 % 6.8 % 10.4 % 15.02 %
Seq. Revenue Quarterly Growth 26.71 % -25.08 % 0.87 % 2.63 % -4.26 %
Overall Ranking Y/Y # 4 # 8 # 6 # 2 # 7
Y / Y Revenue Annual Growth (at the end of Fiscal Year) 5.56 %
Y / Y Revenue Growth (Annual by Quarter Ending) 4.68 % 5.56 % 15.23 % 17.62 % 19.87 %
Seq. Revenue Growth (Annual by Quarter Ending) 1.04 % -2.61 % 1.42 % 2.2 % 3.39 %
Overall Ranking Y/Y (Annual) # 8 # 7 # 7 # 6 # 7

New: More Services Sectors' historic Revenue growth >>


Revenue growth Comment
Services Sector's pace of Revenue growth in 1 Q 2023 accelerated to 5.1 % year on year, but remained below Sector average.

Sequentially Revenue grew by 26.71 %.

Revenue growth total ranking has impoved so far to 4, from total ranking in previous quarter at 8.

 

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 % 8.78 % -99.06 %
4. quarter 2021
  
1. quarter 2021

Sector Revenue Y/Y Growth Ranking
Within: No.
Overall Market # 4



Annual Basis Services Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
20.18 % 6.5 % -5.19 %
3. quarter 2015
  
4. quarter 2020

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Services Sector's pace of Revenue growth in 1 Q 2023 decelerated to 4.68 % year on year, below Services Sector average.

Sequentially TTM Revenue grew by 1.04 %.

Revenue growth total ranking has declined compared to a quarter before from 7 to 8.

Sector Revenue Y/Y Growth Ranking Annual
Within: No.
Overall Market # 8





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