Fastest-growing businesses in the Americas are primarily in technology, healthcare, and energy sectors.
Tech, healthcare, energy, and finance have been the primary drivers of corporate growth in the Americas during a tumultuous three-year span including the Covid-19 pandemic, lockdowns, and the end of rock-bottom interest rates. IT and software accounted for 22% of the Financial Times' sixth annual list of the fastest-growing companies in the Americas, while healthcare and finance each claims approximately 10%.
The FT's 2025 list, compiled with Statista, ranks businesses across the Americas based on their compound annual growth in revenue between 2020 and 2023. The median revenue of the ranked companies, revealed through disclosed revenue growth between 2020 and 2023, was $20.1 million, slightly lower than last year's $20.5 million.
Energy and utility groups account for 5.3% of the sector distribution. Global Partners, a Massachusetts-based energy supply firm, brought in the most revenue, nearly doubling their 2020 earnings to over $16 billion by 2023. Vertex Pharmaceuticals, a biotech based in Boston, reported almost $10 billion.
The energy sector has experienced growth due to a spike in global demand over the past few years, fueled by the evolution of artificial intelligence and the need to build power-hungry data centers. On the other hand, the return of Donald Trump to the White House signals a shift away from the U.S. in international efforts to combat climate change. Trump's declared support for the fossil fuel industry, paired with stepped-back climate commitments, could spell trouble for the renewables sector.
Planned tariffs from Trump's administration are set to slam the green energy industry, posing a threat to raise prices and disrupt supply chains. Clean-technology executives have voiced their concerns.
Larry Fink, CEO of BlackRock, called for an "energy mix" in his 2025 letter to investors. "We need energy pragmatism," Fink said. "That starts with the slow, broken permitting processes in the US and Europe. But it also means being clear-eyed about our energy mix." He added that although most new infrastructure investment has flowed into renewables, wind and solar can't reliably keep the lights on without major breakthroughs in storage and dispatchable sources delivering more than half the electricity powering data centers.
Canada's oil and gas businesses are attempting to fuel their growth despite market turmoil and falling crude prices caused by their southern neighbor's policies. Calgary-based Saturn Oil and Gas was the industry's fastest-growing company, landing fifth overall after a staggering 353% compound annual growth rate from 2020 to 2023. The robust growth comes as Canada debates how to produce more energy for the U.S. and beyond.
Despite these challenges, clean energy groups remain optimistic, particularly in Latin America where local demand, abundant natural resources, and competitive prices promise to keep the industry afloat. Access to clean electricity is a significant factor in decision-making for companies, viewing renewables as a source of cheap and secure power.
US-based Solar Landscape aims to capitalize on a market rebalance, expanding over the past five years and moving away from residential solar to become the leading business leasing commercial rooftops for solar power generation.
Healthcare accounts for roughly a tenth of the FT ranking. ABA Centers, a company providing one-on-one sessions with behavior therapists for those with autism spectrum disorder, tops the list with a compound annual growth rate (CAGR) of 595.3%. A rise in autism diagnoses has increased demand for ABA Centers' services, while US legislation and state-level coverage mandates have improved access through insurance plans.
Two-thirds of the 300 companies were based in the US, with Canada making up 16%. New York boasted the most entries, followed by Toronto, Bogotá, and Vancouver.
- The FT's 2025 list, based on data from Statista, will rank businesses across the Americas according to their compound annual growth in revenue between 2020 and 2023, with IT and software, healthcare, and finance expected to dominate.
- In the energy sector, global demand has risen due to advancements in artificial intelligence and the construction of power-hungry data centers, yet the return of Donald Trump to the White House and his support for the fossil fuel industry may harm the renewables sector.
- Clean-technology executives have expressed concerns about planned tariffs from Trump's administration, which could increase prices and disrupt supply chains in the green energy industry.
- Larry Fink, CEO of BlackRock, called for an "energy mix" in his 2025 letter to investors. He mentioned that while most new infrastructure investment has flowed into renewables, they need major breakthroughs in storage and dispatchable sources to reliably power data centers.
- Canada's oil and gas businesses are striving to grow despite market uncertainties and falling crude prices caused by their southern neighbor's policies. Calgary-based Saturn Oil and Gas was the industry's fastest-growing company, achieving a compound annual growth rate of 353% from 2020 to 2023.
- Clean energy groups in Latin America remain optimistic due to local demand, abundant natural resources, and competitive prices, ensuring the industry's sustainability.
- US-based Solar Landscape aims to capitalize on a market rebalance, having expanded over the past five years and focusing on leasing commercial rooftops for solar power generation, moving away from residential solar installations.
