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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 7.5 % 4.84 % - 5.47 % -22.37 %
Seq. Revenue Quarterly Growth 4.01 % - - 24.9 % -23.99 %
Overall Ranking Y/Y # 10 # 6 # 5 # 4 # 8
Y / Y Revenue Annual Growth (at the end of Fiscal Year) - -
Y / Y Revenue Growth (Annual by Quarter Ending) - -39.8 % -38.77 % 5.12 % -
Seq. Revenue Growth (Annual by Quarter Ending) - 2.27 % -40.11 % 0.64 % -
Overall Ranking Y/Y (Annual) # 11 # 11 # 11 # 8 # 7



Revenue growth Comment

Services Sector's pace of Revenue growth in 4 Q 2023 accelerated to 7.5 % year on year, above Sector average.

Sequentially Revenue grew by 4.01 %.

Revenue increase overall ranking has deteriorated compared to the previous quarter from 6 to 10.

 

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 % 6.62 % -99.06 %
4. quarter 2021
 
1. quarter 2021

Sector Revenue Y/Y Growth Ranking
Within: No.
Overall Market # 10



Annual Basis Services Revenue Y/Y Growth

 


Revenue Y/Y Annual Growth Statistics
High
Average
Low
20.18 % -7.78 % -276.03 %
3. quarter 2015
 
4. quarter 2022

Revenue growth Y/Y Annual Comment
On the trailing twelve months basis
Services Sector faced contraction in cumulative twelve months Revenue by -196.86 % in 4 Q 2023 year on year.

Sequentially cumulative Revenue fell by -253.73 %.

Total ranking remained unchanged compared to the previous quarter at no. 11.

Sector Revenue Y/Y Growth Ranking Annual
Within: No.
Overall Market # 11





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