How would you define innovation? Well, in business this term often refers to a company’s ability to stay ahead of its competitors by coming up with new, unique, and often times revolutionary products and/or services. Today, we would like to present you with a list we have compiled of the top most innovative companies in the world, based on the latest report released by Forbes Magazine.
Only companies with a capital over $10 billion and financial data spreading for over 7 years were taken into account for the purposes of this countdown. Following, the companies were ranked according to an indicator named the Innovation Premium, which takes into account income, anticipated value, and current net value.
Below you can find the top 25 most innovative companies in the world, ranked according to Forbes’ statistics. Let’s take a look at the countdown.
No. 25: Grifols SA, Barcelona (NASDAQ:GRFS)
Country: Spain
Innovation Premium: 38.2%
Sales growth (12 months): 4.7%
No. 24: Beiersdorf
Country: Germany
Innovation Premium: 38.3%
Sales growth (12 months): 2.4%
No. 23: Essilor International
Country: France
Innovation Premium: 39.3%
Sales growth (12 months): 5%
No. 22: Perrigo Company (NASDAQ:PRGO)
Country: United States
Innovation Premium: 39.9%
Sales growth (12 months): 11.8%
No. 21: BEAM Inc (NYSE:BEAM)
Country: United States
Innovation Premium: 40%
Sales growth (12 months): 8.8%
No. 20: Pernod Ricard
Country: France
Innovation Premium: 40.5%
Sales growth (12 months): -1.4%
No. 19: Starbucks Corporation (NASDAQ:SBUX)
Country: United States
Innovation Premium: 40.6%
Sales growth (12 months): 11.5%
No. 18: Tencent Holdings
Country: China
Innovation Premium: 40.7%
Sales growth (12 months): 52.8%
No. 17: FMC Technologies, Inc. (NYSE:FTI)
Country: United States
Innovation Premium: 40.8%
Sales growth (12 months): 16.5%
No. 16: Jeronimo Martins
Country: Portugal
Innovation Premium: 41.3%
Sales growth (12 months): 8.1%
No. 15: Estee Lauder Cos
Country: United States
Innovation Premium: 41.4%
Sales growth (12 months): 5.3%
No. 14: Unicharm
Country: Japan
Innovation Premium: 43.5%
Sales growth (12 months): 4.9%
No. 13: Cerner Corporation (NASDAQ:CERN)
Country: United States
Innovation Premium: 45.9%
Sales growth (12 months): 12.5%
No. 12: Coloplast
Country: Denmark
Innovation Premium: 46.5%
Sales growth (12 months): 1.1%
No. 11: Henan Shuanghui Investment and Development
Country: China
Innovation Premium: 48%
Sales growth (12 months): 5.2%
No. 10: Natura Cosmeticos
Country: Brazil
Innovation Premium: 48.5%
Sales growth (12 months): -4%
No. 9: Rakuten
Country: Japan
Innovation Premium: 50.7%
Sales growth (12 months): 14.1%
No. 8: Intuitive Surgical Inc. (NASDAQ:ISRG)
Country: United States
Innovation Premium: 53.9%
Sales growth (12 months): 18.3%
No. 7: Amazon.com, Inc. (NASDAQ:AMZN)
Country: United States
Innovation Premium: 60.2%
Sales growth (12 months): 23%
No. 6: Baidu Inc (ADR) (NASDAQ:BIDU)
Country: China
Innovation Premium: 60.6%
Sales growth (12 months): 44.6%
No. 5: ARM Holdings plc (ADR) (NASDAQ:ARMH)
Country: United Kingdom
Innovation Premium: 61.2%
Sales growth (12 months): 22.45%
No. 4: Regeneron Pharmaceuticals Inc (NASDAQ:REGN)
Country: United States
Innovation Premium: 63.1%
Sales growth (12 months): 128.3%
No. 3: VMware, Inc. (NYSE:VMW)
Country: United States
Innovation Premium: 63.7%
Sales growth (12 months): 16.3%
No. 2: Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN)
Country: United States
Innovation Premium: 72.3%
Sales growth (12 months): 39.2%
No. 1: salesforce.com, inc. (NYSE:CRM)
Country: United States
Innovation Premium: 72.8%
Sales growth (12 months): 32.1%
