Four of the firms are based in Dallas-Fort Worth.
Eight Texas companies defied the pandemic and earned spots on Fortune’s 2021 ranking of the nation’s 100 fastest-growing companies. That includes four Dallas-Fort Worth firms, with Plano-based homebuilder Green Brick Partners leading the way.
It’s the third consecutive year Green Brick has appeared in the ranking. It builds homes in North Texas under five subsidiaries — CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes and Centre Living Homes — and owns controlling interest in The Providence Group in Atlanta and GHO Homes in Port St. Lucie, Fla.
The list ranks companies based on a combination of revenue growth rate, earnings per share growth rate, and three-year annualized total return for the period ended June 30.
“We are incredibly proud to be recognized by Fortune as … the No. 1 fastest-growing public homebuilder in the United States,” said Green Brick CEO and co-founder Jim Brickman in a statement.
Green Brick climbed 36 spots to finish 19th overall. Only San Antonio-based Victory Capital Holdings placed higher among Texas companies.
Other North Texas public companies in the ranking are engineering giant Jacobs, bank holding company Veritex and home health care firm Addus HomeCare.
Veritex Holdings recently acquired North Avenue Capital, a Florida-based lender specializing in U.S. Department of Agriculture loans, for $57.5 million.
Texas companies on Fortune’s fastest growing list
Four Dallas-Fort Worth companies are among the eight Texas firms to score spots on the 2021 fastest growing companies ranking.
Overall rank | Company | Location | Revenue last 12 months | 3-year revenue growth rate |
---|---|---|---|---|
9 | Victory Capital Holdings | San Antonio | $784,000,000 | 30% |
19 | Green Brick Partners | Plano | $997,000,000 | 28% |
34 | Jacobs | Dallas | $13,709,000,000 | 30% |
54 | LGI Homes | The Woodlands | $2,619,000,000 | 22% |
62 | Spirit of Texas Bancshares | Conroe | $145,000,000 | 40% |
67 | IES Holdings | Houston | $1,270,000,000 | 16% |
68 | Veritex Holdings | Dallas | $365,000,000 | 63% |
93 | Addus HomeCare | Frisco | $780,000,000 | 23% |
Table: The Dallas Morning News Source: FortuneGet the data Created with Datawrapper
https://www.dallasnews.com/business/local-companies/2021/11/02/10-texas-companies-score-spots-on-fortunes-fastest-growing-companies-ranking/