From fiscal 1993 to fiscal 2023 (which ended this May), the database software giant's annual revenue grew at a compound annual growth rate (CAGR) of 12% from $1.5 billion to $50 billion, while its net income increased at a CAGR of 16% from $98 million to $8.5 billion. Three strategies drove Oracle's steady growth. First, it maintained its early mover's advantage and dominance of the database software market.
The Oracle of Omaha has put more than $286 billion of his company's invested assets to work in a half-dozen brand-name businesses.
In this article, we will be taking a look at the top 20 most valuable American companies today. To skip our detailed analysis, you can go directly to see the top 5 most valuable American companies today. When the U.S. sneezes, the world catches a cold. This one saying illustrates the importance of the U.S. […]