Ellie Mae on FORTUNE’s List of the 100 Fastest Growing Companies

September 11, 2017

FORTUNE Magazine has released its annual ranking of the 100 Fastest-Growing Companies in the country. Ellie Mae, a leading provider of innovative on-demand software solutions and services for the residential mortgage industry ranks #8.

The methodology utilized by FORTUNE Magazine for its ranking of the top 100 fastest growing public companies includes the company must be listed on a major U. S. stock exchange; have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2017; and have been trading continuously since June 30, 2014. These companies must have revenue and net income for the four quarters ended on or before April 30, 2017 of at least $50 million and $10 million, respectively; and have posted an annualized growth in revenue and earnings per share (EPS) of at least 15% annually over the three years ended on or before April 30, 2017.

Companies that meet these criteria are ranked by revenue growth rate, EPS growth rate, and three-year annualized total return for the period ended June 30, 2017. Fortune determines the overall rank based on the sum of the three ranks. Once the 100 companies are identified, they are then re-ranked within the 100, using these three equally weighted variables.