A reliable measure of long-term business momentum is the compound annual growth rate (CAGR) — a metric that smooths short-term fluctuations to show how consistently a company expands its revenue, earnings, or profitability over several years.

Unlike year-to-year results, CAGR provides a clear picture of whether a company's performance is steadily improving rather than being driven by isolated spikes. For investors, strong CAGRs often signal scalable operations, enduring demand, and solid management execution.

This week, we highlight five companies delivering standout multi-year growth — and walk through how to find similar opportunities by leveraging FMP's Income Statement API to analyze long-term financial trends efficiently.

5 High-Growth Companies

Broadcom Inc. (NASDAQ: AVGO)

• 5-Year Revenue CAGR: 19.0 %
  
  
• 5-Year EBITDA CAGR: 23.2 %
  
  
• 5-Year EPS CAGR: 42.8 %
  
  

Broadcom's expansion reflects strong semiconductor demand and disciplined M&A.
Steady double-digit growth across all key metrics demonstrates both scale efficiency and pricing power in infrastructure and connectivity markets.

Global Ship Lease, Inc. (NYSE: GSL)

• 5-Year Revenue CAGR: 25.1 %
  
  
• 5-Year EBITDA CAGR: 29.3 %
  
  

Global Ship Lease has capitalized on elevated charter rates and fleet optimization.
Robust multi-year growth underscores resilient cash flows and disciplined capital allocation despite cyclicality in global shipping.

Taiwan Semiconductor Manufacturing Co. (NYSE: TSM)

• 5-Year Revenue CAGR: 22.5 %
  
  
• 5-Year EBITDA CAGR: 25.1 %
  
  
• 5-Year EPS CAGR: 29.2 %
  
  

TSMC's sustained momentum comes from leadership in advanced process nodes and AI-driven chip demand.
The firm's expanding profitability highlights strong operational leverage across semiconductor cycles.

Agnico Eagle Mines Ltd. (NYSE: AEM)

• 5-Year Revenue CAGR: 27.8 %
  
  
• 5-Year EBITDA CAGR: 39.4 %
  
  

Agnico Eagle's growth reflects disciplined mine expansion and synergies from its merger with Kirkland Lake Gold.
Margin expansion alongside production growth shows that scale hasn't come at the expense of efficiency.

Fortuna Mining Corp. (TSX: FSM)

• 5-Year Revenue CAGR: 40.1 %
  
  
• 5-Year EBITDA CAGR: 51.1 %
  
  

Fortuna Mining's exceptional CAGR stems from portfolio diversification and higher throughput at Latin American operations.
While growth is partly acquisition-driven, improving EBITDA margins suggest durable efficiency gains.

Interpreting Growth: Beyond the CAGR

Headline CAGR figures alone don't guarantee quality. To identify investable growth, test three dimensions — quality, durability, and cost of growth.

1. Quality of Growth

Separate organic expansion from acquisition-driven results.
Check whether top-line growth is supported by rising gross margin and stable SG&A ratios. If growth is bought through heavy marketing or dilution, sustainability may be limited.

2. Durability of Growth

Long-term performance is most credible when paired with consistent margins, steady R&D investment, and improving return on invested capital (ROIC).
Volatile working-capital swings or lumpy revenue often signal sensitivity to macro cycles.

3. Cost of Growth

High CAGR loses appeal if it requires outsized capex or persistent cash burn.
Track cash-flow conversion, capex-to-revenue, and stock-based compensation to gauge how much value shareholders actually retain.

Make it systematic with FMP: start with multi-year data from the Income Statement API, compute 3- and 5-year CAGRs, then layer in Cash Flow and Key Metrics endpoints for ROIC, margins, and leverage.

Sustained performance isn't just about driving sales higher — it's about how efficiently each dollar of revenue turns into earnings. Recognizing the relationship between top-line momentum and bottom-line leverage is key to spotting companies that can scale profitably over multiple cycles.

Practical Application: Tracking Growth with the FMP API

Instead of calculating growth manually from scattered reports, you can automate CAGR tracking with FMP's Income Statement API.

Step 1: Pull Income Statement Data

Use the Income Statement API to fetch key financials such as revenue, EPS, and EBITDA for any company.

Endpoint:

https://financialmodelingprep.com/stable/income-statement?symbol=AAPL&apikey=YOUR_API_KEY

Sample Response:

{

"date": "2024-09-28",

"symbol": "AAPL",

"revenue": 391035000000,

"ebitda": 134661000000,

"netIncome": 93736000000,

"eps": 6.11

}

Step 2: Retrieve Historical Figures

Query past years to build a time series for the metric you want (e.g., revenue).

Step 3: Calculate CAGR

Apply the formula:

CAGR = (Ending Value / Beginning Value)^(1 / Years) - 1

Step 4: Scale Up with Bulk Data

If you want to screen many companies at once, use the Income Statement Bulk API:

Endpoint:

https://financialmodelingprep.com/stable/income-statement-bulk?year=2025&period=FY&apikey=YOUR_API_KEY

This returns income statements for thousands of companies in one call. From there, you can loop through results, calculate CAGRs, and filter by thresholds (e.g., 5-year revenue CAGR > 15%).

Once you're pulling and ranking multi-year growth metrics at scale, you can combine them with FMP's other datasets — from cash flow to key ratios — to build a truly holistic growth-screening engine. See the full platform behind this approach on the Financial Modeling Prep homepage.

Scaling Your Growth-Screening Workflow

If you're exploring, FMP's Free plan lets you test the Income Statement API with a curated ticker set.
The Starter plan expands access across all U.S. exchanges, and the Premium plan adds global coverage (U.K. + Canada) with deeper history — ideal for cross-market growth studies.

Putting Growth Signals to Work

CAGR remains one of the clearest indicators of sustainable performance. Broadcom, Global Ship Lease, TSMC, Agnico Eagle Mines, and Fortuna Mining all demonstrate multi-year growth backed by operational strength and disciplined reinvestment.

By using FMP's Income Statement API and Income Statement Bulk API, investors can automate growth calculations, rank opportunities by quality, and continuously surface the strongest long-term performers.