Accenture plc or Garmin Ltd.: Who Leads in Yearly Revenue?

Accenture's Revenue Dominance Over Garmin: A Decade in Review

__timestampAccenture plcGarmin Ltd.
Wednesday, January 1, 2014318746780002870658000
Thursday, January 1, 2015329144240002820270000
Friday, January 1, 2016347976610003018665000
Sunday, January 1, 2017367654780003087004000
Monday, January 1, 2018416034280003347444000
Tuesday, January 1, 2019432150130003757505000
Wednesday, January 1, 2020443270390004186573000
Friday, January 1, 2021505333890004982795000
Saturday, January 1, 2022615943050004860286000
Sunday, January 1, 2023641117450005228252000
Monday, January 1, 2024648964640006296903000
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Unlocking the unknown

Accenture vs. Garmin: A Revenue Showdown

In the ever-evolving landscape of global business, Accenture plc and Garmin Ltd. have emerged as key players, each carving out a distinct niche. Over the past decade, Accenture has consistently outpaced Garmin in terms of annual revenue. From 2014 to 2023, Accenture's revenue surged by approximately 103%, reaching a peak of $64.1 billion in 2023. In contrast, Garmin's revenue grew by about 82% over the same period, culminating in $5.2 billion in 2023.

A Decade of Growth

Accenture's robust growth trajectory is evident, with its revenue increasing steadily each year. Garmin, while showing consistent growth, remains significantly smaller in scale. The data highlights Accenture's dominance, with its revenue consistently being over six times that of Garmin's. This trend underscores Accenture's strategic positioning and market expansion efforts.

Looking Ahead

As we move into 2024, the data for Garmin is yet to be revealed, leaving room for speculation on whether it can close the gap with Accenture.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025