Indiana firms among ‘Most Successful Small-Cap Companies’
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Forbes is out with its annual list of “America’s Most Successful Small-Cap Companies,” and three Indiana businesses are included.
The publication screened nearly 1,000 companies with a market value between $300 million and $2 billion and found 389 companies with positive sales growth over a 12-month period and a share price of at least $5.
The list of the top 100 companies was determined based on earnings growth, sales growth, return on equity and total stock return.
Jasper-based Kimball Electronics Inc. is the highest-ranked Indiana company on the list at No. 13. It’s followed by Lafayette-based Wabash at No. 29 and Haynes International in Kokomo at No. 72.
“This achievement is a testament not only to the hard work of our employees, but also to the partnerships we’ve strengthened with customers, dealers and suppliers across our connected ecosystem,” Wabash CEO Brent Yeagy said in a news release. “By fostering innovation across our organization, we strive to exceed the expectations of our customers and stakeholders.”
The top three companies on the list are Florida-based Tecnoglass, Dorian LPG in Connecticut, and Virginia-based Bowman Consulting Group.
You can connect to the full list from Forbes by clicking here.