U.S. 2022: Highest Ranking Computer and Electronic Product Manufacturers Presented (Slideshow)
In 2021, several companies in the S&P 500 demonstrated impressive revenue growth. Here's a rundown of some notable performers, based on data from Morningstar and S&P Global Insights.
Top Growers by Five-Year Compound Annual Growth Rate (CAGR) of Sales Per Share
According to the summer 2025 data from Seeking Alpha, the fastest-growing companies in the S&P 500 by five-year CAGR of sales per share include:
- Moderna Inc. (MRNA), leading the pack with an astonishing 115.3% CAGR.
- Nvidia Corp. (NVDA) follows closely with a growth rate of 64.1% CAGR.
- Coinbase Global Inc. Class A (COIN) and DoorDash Inc. (DASH) tie for third place, each showing a 55.1% CAGR.
- CrowdStrike Holdings Inc. Class A (CRWD) rounds out the top five with a 48.2% CAGR.
Companies with Significant Revenue Growth in 2021
In addition to these fast-growing companies, several others showed substantial revenue growth in 2021. Some examples include:
- Apple Inc. with a revenue growth of 33.3%.
- ON Semiconductor Corp. and Advanced Micro Devices Inc. both reported a growth of 28.3%.
- Dell Technologies Inc. experienced a growth of 16.8%.
- Nvidia Corp. saw a growth of 61.4%, while Skyworks Solutions Inc. reported a growth of 52.3%.
- Texas Instruments Inc. and Microsoft Corp. both had a growth of 26.9%.
- Intel Corp. and Broadcom Inc. reported a growth of 1.5% and 14.9% respectively.
It's worth noting that Apple Inc. is the top company in the entire U.S. 500 list, while Dell Technologies Inc. is the tenth company on the overall U.S. 500 list.
Other Notable Companies
Other companies, such as Benchmark Electronics Inc. and Maxar Technologies Inc., had more modest growth, with a revenue growth of 9.8% and 2.7% respectively in 2021. Meanwhile, Sanmina Corp. and Synaptics Inc. experienced a slight decline, with a growth of -2.9% and 0.4% respectively.
In the computers and electronics manufacturers section of the U.S. 500, Microsoft Corp. is the second company, and Dell Technologies Inc. is the third. Microsoft Corp. is known for developing the most recognizable PC operating system on the planet, and for its growing imprint in the gaming industry with its Xbox brand. Dell Technologies Inc. is currently working on a modular laptop that can be taken apart in minutes, a potential game-changer for ease of component replacement and repair.
This list primarily comes from Morningstar summarizing S&P metrics, which aligns with Seeking Alpha's coverage of growth stocks. These companies reflect rapid revenue expansion, often driven by innovation in technology, healthcare, fintech, and digital services sectors.
[1] Source: Morningstar and S&P Global Insights.
- Smarter living is gradually becoming the norm as more people invest in wearables and smart-home devices, which have demonstrated significant growth in the technology sector.
- The rising application of artificial intelligence in various fields, coupled with the increasing popularity of gadgets like smartphones, has fueled data-and-cloud-computing companies' impressive growth.
- Cybersecurity measures have become a priority for households and businesses, necessitating high-performing devices, leading to a surge in revenue for companies like CrowdStrike Holdings Inc. Class A.
- In the realm of computers and electronics, not all companies experienced growth in 2021; some, like Sanmina Corp., even experienced a slight decline, while others, such as Apple Inc., saw remarkable growth.
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