US Corporate Results: Growth Leaders and Laggards
This season’s relative-performance picture is dominated by a sharp divergence in revenue growth across sectors. The median revenue growth for Independent Power utilities surged +189.5% year over year, while the large-cap SEC filers group posted a +23.0% median gain. Technology (+18.6%) and Industrials (+16.3%) also outperformed, while Health Care (+5.8%) and Utilities (+1.7%) lagged. At the bottom, the US/Canada oil & gas E&P median was just +2.2%, and Consumer Cyclical managed only +4.2%.
Revenue growth by industry (median YoY)
Standout Growth Players
Among individual companies, Bloom Energy (large-cap SEC filers) led with revenue up +130.4% year over year, while Super Micro Computer (same group) surged +122.7%. In Technology, Palantir Technologies posted a remarkable +84.7% revenue gain, and Amphenol Corp grew +58.4%. On the EBITDA front, Hewlett Packard Enterprise (large-cap) saw a +403.6% jump, and Palantir’s EBITDA soared +316.5%. Net profit growth was also stellar at Super Micro (+344.4%) and Palantir (+306.7%).
Several companies showed notable acceleration or deceleration versus their prior period. For example, Caterpillar (Industrials) accelerated from -3.4% revenue growth to +22.2%, while Boeing (Industrials) improved from -14.5% to +14.0%. In contrast, Permian Resources (oil & gas) slowed sharply from +60.2% revenue growth to just +0.8%, and Matador Resources decelerated from +24.9% to -33.8%. Among tech names, Texas Instruments reversed from -10.7% to +18.6%, a strong acceleration.
Long-term growth leaders include NVIDIA (3-year revenue CAGR of +100.0%), Super Micro Computer (+61.7%), and Robinhood Markets (+48.8%). These names have sustained exceptional expansion over three years, far outpacing the broad market. On the dividend front, the highest yields are seen in the oil & gas sector: APA Corporation offers a dividend yield of 4.5%, Devon Energy yields 4.3%, and EOG Resources yields 3.1%. Among utilities, NextEra Energy yields 2.3%.
Players: growth & yield (no absolute levels)
| Company | Industry | Revenue YoY | EBITDA YoY | Net profit YoY |
|---|---|---|---|---|
| AMAZON COM INC (Q1) | Consumer discretionary | +16.6% | +31.0% | +76.7% |
| Walmart Inc. (Q1) | Consumer staples | +7.3% | +11.1% | +18.8% |
| UNITEDHEALTH GROUP INC (Q1) | Health care | +2.0% | -1.6% | -0.2% |
| Apple Inc. (Q2) | Technology | — | — | — |
| Alphabet Inc. (Q1) | Communication services | +21.8% | +31.6% | +81.2% |
| MICROSOFT CORP (Q3) | Technology | +18.3% | +23.4% | +23.1% |
| NVIDIA CORP (Q1) | Technology | — | — | — |
| COSTCO WHOLESALE CORP /NEW (Q3) | Consumer staples | — | — | — |
| Meta Platforms, Inc. (Q1) | Communication services | +33.1% | +34.6% | +60.9% |
| Dell Technologies Inc. (Q1) | United States — large cap (SEC filings) | — | — | — |
| HOME DEPOT, INC. (Q1) | Consumer discretionary | — | — | — |
| MICRON TECHNOLOGY INC (Q3) | Technology | — | — | — |
| VERIZON COMMUNICATIONS INC (Q1) | Communication services | +2.9% | +4.6% | +3.4% |
| AT&T INC. (Q1) | Communication services | +2.9% | +6.2% | -12.0% |