Revenue Growth Benchmarks

Top-line performance metrics of companies across industries and countries

Top 100 Canadian Companies

Financial services and energy stand out as the largest sectors in Canada, with a LTM revenue share of 34% and 18%, respectively. Over a 5-year period, energy (23%) emerged as the fastest-growing sector, followed by technology (19%), real estate (16%), and basic materials (16%). Notably, Air Canada and Secure Energy Services doubled their revenue in the last fiscal year, with ARC Resources and Whitecap Resources experiencing growth of more than 70% over the same period.


[ 1: LTM Sales in USD Biliion | Red Shading: Companies with negative growth in period ]

Sector Company HQ Industry Latest LTM year-on-year % CAGR
FQ Sales1 3m 6m 9m ltm 1y 2y 3y 5y
Basic Materials Nutrien Ltd CAN Agriculture 2023-12 28.92 -25.7% -28.1% -22.7% -21.0% -24.3% 4.8% 13.3% 8.1%
  Methanex Corp CAN Chemicals 2023-12 3.72 -7.6% -12.6% -13.2% -10.9% -14.7% -6.0% 13.7% -3.7%
  West Fraser Timber Co.Ltd CAN Forest Products 2023-12 6.44 -7.5% -12.9% -25.4% -31.0% -34.3% -19.8% 15.6% 7.5%
  Canfor Corp CAN Forest Products 2023-12 4.02 -6.6% -14.6% -22.5% -26.9% -26.9% -16.0% -0.2% 1.5%
  Barrick Gold Corp CAN Metals & Mining 2023-12 11.37 8.9% 11.7% 8.7% 6.6% 2.2% -0.2% -1.8% 9.5%
  Teck Resources Ltd CAN Metals & Mining 2023-12 11.12 30.8% 4.1% -11.6% -13.3% -13.3% 8.4% 18.8% 3.6%
  First Quantum Minerals Ltd CAN Metals & Mining 2023-12 6.45 -34.3% -8.6% -9.1% -12.7% -16.4% -3.1% 10.1% 10.2%
  Agnico Eagle Mines Ltd CAN Metals & Mining 2023-12 6.61 25.3% 20.0% 17.5% 18.8% 14.0% 34.0% 30.3% 24.7%
  Kinross Gold Corp CAN Metals & Mining 2023-12 4.23 2.4% 14.7% 21.4% 25.7% 21.2% 30.7% 1.8% 5.7%
  Lundin Mining Corp CAN Metals & Mining 2023-12 3.39 29.0% 40.5% 30.2% 15.0% 10.1% 3.3% 20.3% 14.4%
Communication Services Lions Gate Entertainment Corp CAN Media - Diversified 2023-12 3.98 -2.5% 6.1% 4.7% 7.7% 7.0% 8.5% -0.3% -1.4%
  BCE Inc CAN Telecommunication Services 2023-12 18.27 0.5% 0.7% 1.6% 2.1% 2.1% 2.6% 2.5% 1.0%
  TELUS Corp CAN Telecommunication Services 2023-12 14.81 2.6% 5.0% 7.4% 9.4% 9.4% 9.0% 9.3% 7.3%
  Rogers Communications Inc CAN Telecommunication Services 2023-12 14.30 28.1% 31.8% 31.4% 25.4% 25.4% 14.8% 11.5% 5.0%
  Quebecor Inc CAN Telecommunication Services 2023-12 4.02 27.0% 25.4% 25.4% 19.9% 19.9% 9.2% 8.0% 5.4%
Consumer Cyclical Gildan Activewear Inc CAN Manufacturing - Apparel & Accessories 2023-12 3.19 7.4% 5.5% 2.6% 1.6% -2.6% 7.1% 19.1% 1.9%
  CCL Industries Inc CAN Packaging & Containers 2023-12 4.92 4.7% 3.3% 2.8% 4.2% 4.2% 7.7% 8.2% 5.2%
  Cascades Inc CAN Packaging & Containers 2023-12 3.43 0.3% 1.2% 2.2% 3.9% 3.9% 8.3% 4.2% 0.0%
  Restaurant Brands International LP CAN Restaurants 2023-12 7.01 6.4% 7.2% 8.8% 10.9% 6.6% 13.2% 14.0% 5.5%
  Restaurant Brands International Inc CAN Restaurants 2023-12 7.01 6.4% 7.2% 8.8% 10.9% 6.6% 13.2% 14.0% 5.5%
  Alimentation Couche-Tard Inc CAN Retail - Cyclical 2023-10 68.17 -2.5% -8.6% -4.3% 0.6% 22.2% 30.2% 8.4% 8.2%
  Canadian Tire Corp Ltd CAN Retail - Cyclical 2023-12 12.33 -16.8% -9.2% -7.3% -6.5% -6.5% 1.1% 3.9% 3.4%
  Lululemon Athletica Inc CAN Retail - Cyclical 2023-10 9.19 18.7% 18.5% 20.1% 23.0% 29.6% 35.7% 26.8% 25.1%
  Magna International Inc CAN Vehicles & Parts 2023-12 42.71 7.9% 12.3% 15.3% 16.4% 11.7% 11.3% 11.1% 0.9%
  BRP Inc CAN Vehicles & Parts 2023-10 7.97 -8.9% 1.9% 10.3% 15.6% 31.2% 29.8% 18.3% 17.6%
  Linamar Corp CAN Vehicles & Parts 2023-12 7.21 19.1% 17.6% 21.2% 22.9% 22.9% 22.0% 18.7% 5.0%
  AutoCanada Inc CAN Vehicles & Parts 2023-12 4.77 6.9% 4.3% 4.2% 6.6% 6.6% 17.6% 24.6% 15.4%
  Martinrea International Inc CAN Vehicles & Parts 2023-12 3.95 0.1% 7.5% 12.0% 12.2% 12.2% 18.8% 16.5% 7.8%
Consumer Defensive Molson Coors Canada Inc CAN Beverages - Alcoholic 2023-12 11.67 4.8% 9.6% 11.7% 12.3% 8.0% 9.2% 8.3% 1.6%
  Saputo Inc CAN Consumer Packaged Goods 2023-12 12.79 -7.0% -5.1% -4.3% -0.4% 18.7% 11.7% 6.1% 9.1%
  Premium Brands Holdings Corp CAN Consumer Packaged Goods 2023-09 4.70 1.3% 4.2% 7.1% 10.5% 22.3% 21.7% 18.2% 22.4%
  Maple Leaf Foods Inc CAN Consumer Packaged Goods 2023-12 3.60 -0.6% 0.2% 2.2% 2.7% 2.7% 3.8% 4.2% 6.8%
  George Weston Ltd CAN Retail - Defensive 2023-12 44.52 3.9% 4.6% 5.3% 5.4% 5.4% 5.8% 4.1% 4.4%
  Loblaw Companies Ltd CAN Retail - Defensive 2023-12 44.08 3.7% 4.5% 5.2% 5.4% 5.4% 5.8% 4.1% 5.0%
  Empire Co Ltd CAN Retail - Defensive 2023-10 22.76 1.4% 1.6% -0.8% -0.2% 1.0% 3.8% 4.7% 4.7%
  Metro Inc CAN Retail - Defensive 2023-12 15.57 6.5% 10.4% 10.1% 9.3% 9.7% 6.5% 4.8% 7.6%
  Dollarama Inc CAN Retail - Defensive 2023-10 4.22 14.6% 17.0% 18.1% 18.7% 16.7% 12.0% 10.1% 9.1%
Energy Cenovus Energy Inc CAN Oil & Gas 2023-12 41.08 -6.0% -11.6% -21.6% -22.7% -22.7% 6.6% 58.6% 21.0%
  Suncor Energy Inc CAN Oil & Gas 2023-12 38.13 -7.9% -10.2% -16.1% -15.9% -17.0% 12.7% 28.0% 5.7%
  Imperial Oil Ltd CAN Oil & Gas 2023-12 35.77 -10.5% -9.6% -18.4% -15.6% -15.6% 16.5% 33.0% 7.7%
  Enbridge Inc CAN Oil & Gas 2023-12 32.32 -15.8% -15.4% -17.4% -18.1% -18.1% -3.7% 3.7% -1.2%
  Canadian Natural Resources Ltd CAN Oil & Gas 2023-12 30.24 -3.0% -4.9% -16.3% -17.6% -17.6% 11.5% 32.7% 12.9%
  Parkland Corp CAN Oil & Gas 2023-12 24.03 -12.8% -9.2% -12.8% -8.5% -8.5% 22.9% 32.3% 17.6%
  TC Energy Corp CAN Oil & Gas 2023-12 11.80 4.8% 4.3% 4.6% 6.4% 6.4% 9.1% 7.0% 3.1%
  AltaGas Ltd CAN Oil & Gas 2023-12 9.62 -15.6% -9.1% -12.2% -7.7% -7.7% 10.9% 32.5% 25.0%
  Gibson Energy Inc CAN Oil & Gas 2023-12 8.16 12.4% 17.2% 3.6% -0.2% -0.2% 23.6% 30.7% 10.0%
  Pembina Pipeline Corp CAN Oil & Gas 2023-12 6.82 -8.6% -13.1% -20.4% -21.3% -21.4% 2.8% 15.3% 4.4%
  ARC Resources Ltd CAN Oil & Gas 2023-12 4.71 -37.1% -36.4% -41.3% -35.4% -35.4% 7.4% 75.7% 33.4%
  Tourmaline Oil Corp CAN Oil & Gas 2023-12 4.62 -33.1% -31.0% -36.9% -28.1% -28.1% 10.4% 42.8% 23.6%
  Keyera Corp CAN Oil & Gas 2023-12 5.22 29.7% 7.8% -2.0% -0.1% -0.1% 18.9% 32.8% 9.6%
  MEG Energy Corp CAN Oil & Gas 2023-12 4.52 8.7% 3.6% -3.5% -3.7% -3.7% 17.9% 38.5% 17.1%
  Whitecap Resources Inc CAN Oil & Gas 2023-12 2.85 -18.3% -14.6% -22.1% -19.5% -19.5% 19.5% 60.4% 20.3%
Financial Services Brookfield Corp CAN Asset Management 2023-12 95.74 0.0% 2.9% 3.7% 6.3% 2.1% 15.2% 17.0% 11.0%
  Brookfield Business Corp CAN Asset Management 2023-12 7.69 62.8% -15.2% 7.6% 18.2% 11.5% 12.4% -5.7% 2.0%
  Royal Bank of Canada CAN Banks 2024-01 40.48 1.1% 3.3% 8.4% 11.2% 15.3% 6.6% 6.1% 5.8%
  The Toronto-Dominion Bank CAN Banks 2024-01 39.69 5.1% 14.0% 13.1% 13.2% 15.7% 11.9% 6.9% 6.6%
  Bank of Montreal CAN Banks 2024-01 23.91 8.5% 18.0% 16.7% 23.3% 25.9% 10.8% 9.7% 7.8%
  Bank of Nova Scotia CAN Banks 2024-01 23.85 5.5% 5.1% 4.6% 3.4% 0.9% 1.4% 0.7% 2.4%
  Canadian Imperial Bank of Commerce CAN Banks 2024-01 17.45 4.6% 6.6% 6.2% 6.1% 7.0% 8.0% 7.7% 5.6%
  National Bank of Canada CAN Banks 2024-01 7.62 5.9% 8.6% 7.1% 5.9% 5.6% 6.8% 8.8% 7.3%
  Power Corporation of Canada CAN Insurance 2023-09 64.46 -712.7% -160.9% -236.2% 2527.7% -30.0% -13.2% -0.1% -1.0%
  Great-West Lifeco Inc CAN Insurance 2023-12 20.13 3702.2% -877.7% -347.8% -491.2% -285.5% -37.4% -25.3% -10.5%
  Sun Life Financial Inc CAN Insurance 2023-12 24.25 5250.9% 511.5% -796.5% 1333.6% -889.6% -4.3% -9.0% 3.9%
  Fairfax Financial Holdings Ltd CAN Insurance 2023-12 25.76 23.7% 26.0% 31.6% 35.1% 30.1% 2.4% 10.8% 9.3%
  Manulife Financial Corp CAN Insurance 2023-12 31.33 143.7% 39.0% 71.7% 79.1% 79.1% -15.9% -18.1% 2.6%
  Intact Financial Corp CAN Insurance 2023-12 17.25 28.3% 19.8% 9.4% 7.1% 12.4% 12.1% 21.0% 15.9%
  iA Financial Corp Inc CAN Insurance 2023-12 5.34 2747.5% 119.6% -329.3% -246.4% -179.6% -37.4% -33.3% -12.0%
  Definity Financial Corp CAN Insurance 2023-12 3.02 32.7% 20.5% 27.1% 35.8% 35.3% 17.8% 14.5% na
Healthcare Bausch Health Companies Inc CAN Drug Manufacturers 2023-12 8.74 8.4% 9.6% 11.1% 10.7% 6.5% 4.3% 4.5% 0.9%
  Bausch & Lomb Corp CAN Medical Devices & Instruments 2023-12 4.14 16.3% 12.5% 13.0% 13.1% 8.7% 7.4% 8.4% 2.5%
Industrials Bombardier Inc CAN Aerospace & Defense 2023-12 8.02 13.9% 19.3% 17.3% 18.8% 14.9% 17.7% 9.1% -13.1%
  CAE Inc CAN Aerospace & Defense 2023-12 3.43 12.8% 11.2% 11.8% 20.2% 24.7% 18.7% 5.1% 8.3%
  Thomson Reuters Corp CAN Business Services 2023-12 6.78 1.6% 2.1% 3.3% 5.5% 1.2% 5.9% 5.9% 4.3%
  WSP Global Inc CAN Construction 2023-12 10.69 4.6% 13.4% 18.7% 21.0% 21.0% 18.5% 17.9% 12.8%
  SNC-Lavalin Group Inc CAN Construction 2023-12 6.39 20.0% 18.2% 16.8% 14.4% 14.4% 8.2% 7.2% -3.1%
  Stantec Inc CAN Construction 2023-12 4.80 6.3% 10.6% 13.2% 14.1% 14.1% 19.0% 11.1% 8.6%
  Aecon Group Inc CAN Construction 2023-12 3.44 -10.8% -8.4% -4.7% -1.1% -1.1% 8.1% 8.4% 7.3%
  Finning International Inc CAN Industrial Distribution 2023-12 7.80 0.4% 6.6% 11.2% 13.4% 13.4% 20.1% 19.3% 8.5%
  Toromont Industries Ltd CAN Industrial Distribution 2023-12 3.43 8.7% 8.4% 9.4% 12.3% 12.3% 9.1% 9.9% 5.7%
  Russel Metals Inc CAN Industrial Distribution 2023-12 3.34 -7.3% -10.2% -11.1% -11.2% -11.2% 3.5% 18.8% 1.6%
  Air Canada CAN Transportation 2023-12 16.17 10.6% 15.2% 21.2% 31.9% 31.9% 84.7% 55.3% 3.9%
  Canadian National Railway Co CAN Transportation 2023-12 12.46 -1.6% -6.6% -6.6% -1.6% -1.6% 7.8% 6.8% 3.3%
  Canadian Pacific Kansas City Ltd CAN Transportation 2023-12 9.30 53.4% 49.0% 47.5% 42.4% 42.4% 25.3% 17.6% 11.4%
  TFI International Inc CAN Transportation 2023-12 7.51 -0.6% -7.5% -13.1% -12.0% -15.7% 4.5% 27.7% 14.8%
  Secure Energy Services Inc CAN Waste Management 2023-12 6.10 15.6% 9.1% 1.4% 3.0% 3.0% 48.0% 65.3% 22.9%
  Waste Connections Inc CAN Waste Management 2023-12 8.02 8.9% 9.4% 10.0% 11.2% 11.2% 14.2% 13.8% 10.3%
  GFL Environmental Inc CAN Waste Management 2023-12 5.58 4.7% 3.2% 5.3% 8.2% 12.6% 18.2% 19.6% na
Real Estate Colliers International Group Inc CAN Real Estate 2023-12 4.32 -0.2% -1.7% -1.4% -0.2% -4.0% 5.4% 17.7% 8.9%
  FirstService Corp CAN Real Estate 2023-12 4.33 4.5% 11.0% 15.3% 18.8% 14.3% 18.2% 17.9% 17.5%
Technology Celestica Inc CAN Hardware 2023-12 7.94 3.5% 5.5% 8.9% 12.7% 8.4% 21.7% 13.2% 3.7%
  Canadian Solar Inc CAN Semiconductors 2023-09 7.88 -4.5% -0.9% 7.5% 12.2% 41.5% 46.6% 32.6% 17.1%
  CGI Inc CAN Software 2023-12 10.70 4.4% 6.2% 7.8% 9.3% 11.1% 8.6% 5.5% 4.4%
  Constellation Software Inc CAN Software 2023-12 8.39 24.0% 24.5% 26.4% 30.2% 25.3% 31.3% 30.4% 22.4%
  Open Text Corp CAN Software 2023-12 5.68 68.9% 69.3% 70.0% 65.8% 33.2% 20.0% 12.2% 10.0%
  Shopify Inc CAN Software 2023-12 7.06 23.6% 24.4% 26.3% 26.1% 26.1% 23.7% 34.1% 45.8%
Utilities Capital Power Corp CAN Utilities - Independent Power Producers 2023-12 3.07 6.6% 26.3% 25.5% 48.3% 48.3% 49.5% 30.2% 25.1%
  Fortis Inc CAN Utilities - Regulated 2023-12 8.53 -8.9% -2.0% -0.1% 4.3% 4.3% 10.4% 8.8% 6.5%
  Emera Inc CAN Utilities - Regulated 2023-12 5.60 -16.4% -11.5% -7.9% -0.3% -0.3% 14.5% 11.2% 3.0%
  Hydro One Ltd CAN Utilities - Regulated 2023-12 5.81 6.3% 0.5% 0.6% 0.8% 0.8% 4.2% 2.5% 5.0%
  Atco Ltd CAN Utilities - Regulated 2023-12 3.51 -9.4% -9.1% -7.7% -4.8% -4.8% 5.1% 6.3% -0.6%
Source: Annual Filings, Company Website