This article will bring you to the list of the fastest growing S&P 500 companies in America. Insider Monkey has recently published an interesting article about it giving you some valuable information. The pressure to generate more earnings year after year is more ingrained in companies that are big enough to belong in the S&P 500. To recap, this stock market index consists of the common shares of the 500 companies that are traded on American stock exchanges which have the largest market capitalizations. The list of companies included in the S&P 500 changes constantly, due to changes in company valuations or mergers and acquisitions (M&A), among other factors. As recently as March 20, the index had three new companies, which meant that three other companies were suddenly deemed unworthy of being in the big leagues (or are no longer public). Since Insider Monkey wanted to be certain that a company was indeed growing, they stuck with revenue growth as their base, as revenue figures are factual and relevant.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of fastest growing S&P 500 companies in America from their list.
The first one is Kraft Heinz Co (NASDAQ:KHC). Revenue for fiscal year 2016 was $26.48 billion, the growth from fiscal year 2015 was 44.43%, and the growth from fiscal year 2013 was 140.15%. Caveat: The company, previously known as H.J. Heinz Holding Corp., bought mac-and-cheese maker Kraft Foods Group Inc. for $55 billion in 2015. The next company on our list now should be Intercontinental Exchange Inc (NYSE:ICE). Revenue for fiscal year 2016 was $4.5 billion, the growth from fiscal year 2015 was 34.78%, and the growth from fiscal year 2013 was 18154%. Caveat: Two huge acquisitions, bigger than the company’s revenue. The company bought NYSE Euronext Inc. for $10.8 billion in November 2013 and Interactive Data Holdings Corp. for $7.8 billion in December 2015. At last, but not least, here is Envision Healthcare Corp (NASDAQ:AMSG). Revenue for fiscal year 2016 was $3.70 billion, the growth from fiscal year 2015 was 43.99%, and the growth from fiscal year 2013 was 249.60%. Caveat: The former AmSurg Corp. bought Sheridan Healthcare Inc. in July 2014 (price tag: $2.3 billion) and Envision Healthcare Holdings in December 2016 (price tag: $8.1 billion).
