It’s no secret that Dallas-Fort Worth is full of major companies—200 of which are being recognized through the Inc. 5000 and Fortune 100 lists of the fastest-growing companies for this year. Here’s a breakdown of what North Texas businesses made the cut.
Inc. 5000’s most successful U.S. companies
The Dallas-Fort Worth has the most companies out of the Texas metro areas on the Inc. 5000 list with 191, beating Houston’s 119 and Austin’s 103.
Allata, which is in the IT system development industry, ranked the highest for the DFW area at No. 40. The Dallas-based company was founded in 2014 and has had more than 6,000 percent growth over the past three years.
Along with Allata, the other Top 10 DFW companies on the list include:
- No. 54—QEO Group
- No. 83—Asset Panda
- No. 104—Go Energistics
- No. 169—Valify
- No. 173—Monkedia
- No. 262—Premier Health Solutions
- No. 319—TazKai
- No. 325—Platt Cheema Richmond
- No. 328—Koddi
To qualify for the list, the companies must have been launched and generating revenue by the end of March 2015. All must be U.S.-based, private companies that are for-profit and independent. Rankings are based on the percentage of revenue growth from 2015 to 2018. The companies chosen must have had a minimum revenue of $100,000 in 2015 and $2 million in 2018.
Dallas’ Online Rewards has made the Inc. 5000 list 12 times, while this is Pariveda Solutions’ eleventh, Improving’s 10th, and Sendero’s ninth time.
Some other notable North Texas companies that made the list are Alkami Technology, rewardStyle, Poo-Pourri, and Studio Movie Grill. Check out the full 2019 Inc. 5000 list here.
Fortune 100’s fastest-growing businesses
Out of the 11 Texas companies that made it onto the Fortune 100 list, nine are headquartered in DFW including:
- No. 2—Texas Pacific Land Trust
- No. 8—Nexstar Media Group
- No. 38—Match Group
- No. 44—FirstCash
- No. 47—Wingstop
- No. 79—Triumph Bancorp
- No. 89—Independent Bank Group
- No. 93—Green Brick Partners
- No. 99—Texas Capital Bancshares
While Inc.’s list includes only U.S. private companies, the Fortune 100 list is exclusively public companies trading on a major U.S. stock exchange that don’t have to be U.S.-based. The Fortune 100 businesses must have had a minimum revenue of $50 million and a net income of $10 million from the four quarters previous to May 2019. The overall rankings are the sum of the growth of revenues, profits, and stock returns during a three-year period.
Six of the recognized DFW companies are newcomers to the list and six also beat the S&P 500 three-year return. Irving’s Nexstar Media Group managed to raise its ranking this year from No. 36 to No. 8 and also made the Fortune 500 list.
Dallas’ Texas Pacific Land Trust out-ranked major companies including Netflix, Amazon.com, and Facebook. The only company that ranked higher than the real estate-related business was Momo, an internet services and retailing company headquartered in Beijing, China. Check out the full 2019 Fortune 100 Fastest-Growing Companies list here.
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