The second dimension, Financial Stability, was investigated by analyzing the companies’
profitability as well as using classic metrics such as the Piotroski F-Score and Altman Z-Score, which refer to a company’s overall financial health and the probability to file for bankruptcy.

Industry specific KPIs were utilized to portray financial stability of companies within the banking, insurance and REIT sector.

The third dimension, Stock Performance, was evaluated based on multiple KPIs that underline the
companies’ strengths as a stock investment. The analysis process focused on the average annual
growth rate, recent returns, a comparison to the overall market and the stocks’ volatility for the
past 5 years.

Once the data was collected and evaluated, it was consolidated and weighted within a scoring model. The scores of all three dimensions were added on an equal percentage basis to form the final ranking score of a maximum of 100 points. The 501 companies with the highest score were
awarded as “America’s Growth Leaders of 2025” by TIME and Statista.