In 2027, TIME will publish its third annual ranking of the World's Top GreenTech Companies in partnership with Statista, a leading international provider of market and consumer data and rankings. This list will recognize the most innovative, impactful, and successful companies working to reduce humanity’s impact on the environment.
Because many companies in this space are young, TIME and Statista are accepting applications as part of the research phase. An application guarantees consideration for the list, but does not guarantee a spot on either list. Companies that do not apply may also be included in the ranking.
—Photo-illustration by TIME; Getty Images/kontekbrothers
The ranking "America’s Growth Leaders 2027" is the result of a comprehensive analysis conducted to identify the top performing publicly listed companies in the US. The analysis is based on three primary dimensions: Growth Performance, Financial Stability and Stock Performance.
Methodology
The first dimension, Growth Performance, was assessed using data from Statista’s revenue database, which contains company growth data for the last five years. To be considered for the evaluation the companies had to be headquartered in the USA, publicly traded and demonstrate strong revenue growth in the last five years. Relative growth and the number of years in which growth was achieved were considered in the evaluation.
The second dimension, Financial Stability, was investigated by analyzing the companies’ profitability as well as using classic metrics such as the Piotroski F-Score and Altman Z-Score, which refer to a company’s overall financial health and the probability to file for bankruptcy. Industry specific KPIs were utilized to portray financial stability of companies within the banking, insurance and REIT sector.
The third dimension, Stock Performance, was evaluated based on multiple KPIs, that underline the companies’ strengths as a stock investment. The analysis process focused on the average annual growth rate, recent returns, a comparison to the overall market and the stocks’ volatility for the past 5 years.
Once the data was collected and evaluated, it was consolidated and weighted within a scoring model. The scores of all three dimensions were added on an equal percentage basis to form the final ranking score of a maximum of 100 points. The 500 companies with the highest score were awarded as “America’s Growth Leaders 2027” by TIME and Statista.
Known for its innovative and meticulously designed products, Apple is spending its 50th year getting back to its roots. In October, a month after naming former hardware lead John Ternus as its new CEO, the company will debut its first foldable iPhone—using technology for which Ternus was named on the original patent filed some 15 years ago. Ternus spoke with TIME for an exclusive first cover interview about the iPhone Duo, and how he plans to lead the iconic company into its next 50 years.
The story anchors TIME’s annual Best Inventions issue, which for more than a quarter century has highlighted the most impactful new products and ideas. To compile this year's list, we solicited nominations from TIME’s editors and correspondents around the world as well as through an online application process, paying special attention to growing fields such as health care, AI, and green energy. We then evaluated each contender on a number of key factors, including originality, efficacy, ambition, and impact.