Industry Revenue Cycle Drill-down

MSCI ACWI · consensus Revenue forward growth · 24M ÷ 12M − 1 · composition-controlled same-company base · latest 15 Jul 2026
Included Industries
66
Excluded Industries
7
Thin baskets
5
Concentration warnings
4

Choose a Sector

Largest consensus Revenue forward-growth signals

IndustrySectorForward growth5Y signalNext-12M RevenueStatus
Communications EquipmentInformation Technology+14.2%+3.83$273.5bnCore
Technology Hardware, Storage & PeripheralsInformation Technology+14.9%+3.22$2,790.4bnCore
Electronic Equipment, Instruments & ComponentsInformation Technology+21.8%+3.06$1,395.3bnCore
SoftwareInformation Technology+19.0%+2.89$855.0bnCore
Semiconductors & Semiconductor EquipmentInformation Technology+25.7%+2.72$2,197.3bnCore
Interactive Media & ServicesCommunication Services+18.8%+2.65$1,439.6bnConcentrated
Professional ServicesIndustrials+6.4%+2.19$184.1bnCore
Aerospace & DefenseIndustrials+10.0%+1.99$995.3bnCore
MachineryIndustrials+8.2%+1.98$1,183.6bnCore
Health Care Providers & ServicesHealth Care+5.5%-1.98$3,138.7bnCore
Multi-UtilitiesUtilities+4.7%+1.91$437.4bnCore
Construction & EngineeringIndustrials+2.6%-1.78$1,486.4bnCore
Gas UtilitiesUtilities+2.3%-1.70$207.0bnCore
BeveragesConsumer Staples+4.8%-1.65$623.9bnCore
Water UtilitiesUtilities+10.0%+1.60$22.0bnThin basket
Communication Services5 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Interactive Media & Services$1,439.6bn+18.8%+2.6516100.0%32.8%85.0%Concentrated
Diversified Telecommunication Services$1,063.5bn+2.4%+1.4433100.0%13.5%39.2%Core
Wireless Telecommunication Services$565.6bn+5.3%+1.4724100.0%17.1%37.5%Core
Entertainment$371.9bn+7.2%-0.642696.7%28.3%53.0%Core
Media$175.6bn+1.8%-1.40890.9%31.1%55.5%Core
Consumer Discretionary7 included · 3 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Automobiles$3,376.9bn+6.6%+0.264095.7%11.1%26.4%Core
Broadline Retail$1,603.6bn+11.0%-0.342095.7%55.1%78.9%Concentrated
Specialty Retail$868.6bn+5.2%+0.233397.1%20.1%38.5%Core
Hotels, Restaurants & Leisure$616.4bn+8.2%-0.794097.7%10.3%25.3%Core
Household Durables$611.8bn+5.7%+1.521694.4%12.9%37.2%Core
Automobile Components$411.2bn+5.4%-0.902296.2%11.7%33.0%Core
Textiles, Apparel & Luxury Goods$347.2bn+6.9%-1.4520100.0%27.3%49.7%Core
Excluded Industries (3)
IndustrySame-base companiesForward-growth monthsCoverageReason
Distributors3169100.0%matched securities < 5
Diversified Consumer Services3169100.0%matched securities < 5
Leisure Products2169100.0%matched securities < 5
Consumer Staples6 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Consumer Staples Distribution & Retail$2,659.4bn+4.8%+1.4838100.0%28.9%46.8%Core
Food Products$1,101.4bn+3.9%-0.785198.1%10.2%27.1%Core
Beverages$623.9bn+4.8%-1.653397.1%16.1%35.2%Core
Household Products$234.7bn+3.9%+0.6211100.0%38.2%59.2%Core
Personal Care Products$196.4bn+4.3%-1.4814100.0%30.5%66.5%Core
Tobacco$155.9bn+4.7%+0.239100.0%28.8%67.1%Core
Energy2 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Oil, Gas & Consumable Fuels$6,421.3bn-1.5%-0.548598.9%7.5%22.0%Core
Energy Equipment & Services$132.5bn+7.2%-0.088100.0%28.8%67.4%Core
Financials5 included · 1 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Banks$4,157.0bn+5.9%+0.3719292.0%4.9%11.2%Core
Insurance$3,292.9bn+5.1%-0.709092.0%6.3%16.1%Core
Capital Markets$817.1bn+7.4%+0.758794.8%9.9%24.7%Core
Financial Services$420.6bn+8.3%+0.733084.1%11.7%29.5%Core
Consumer Finance$189.7bn+7.9%-1.02790.9%43.9%87.0%Concentrated
Excluded Industries (1)
IndustrySame-base companiesForward-growth monthsCoverageReason
Mortgage Real Estate Investment Trusts (REITs)1126100.0%matched securities < 5
Health Care5 included · 1 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Health Care Providers & Services$3,138.7bn+5.5%-1.9827100.0%14.4%41.7%Core
Pharmaceuticals$1,146.3bn+5.2%+0.175795.2%9.1%24.1%Core
Health Care Equipment & Supplies$436.4bn+7.0%-0.593497.2%12.1%29.4%Core
Biotechnology$262.0bn+8.9%+0.912494.1%26.9%53.5%Core
Life Sciences Tools & Services$182.1bn+8.5%-0.6121100.0%27.0%51.3%Core
Excluded Industries (1)
IndustrySame-base companiesForward-growth monthsCoverageReason
Health Care Technology2169100.0%matched securities < 5
Industrials14 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Construction & Engineering$1,486.4bn+2.6%-1.7825100.0%21.0%41.6%Core
Machinery$1,183.6bn+8.2%+1.987598.8%6.7%16.1%Core
Aerospace & Defense$995.3bn+10.0%+1.9936100.0%10.6%30.2%Core
Electrical Equipment$956.0bn+13.3%+0.8152100.0%10.5%26.8%Core
Industrial Conglomerates$737.3bn+4.6%-0.832496.3%16.4%42.7%Core
Trading Companies & Distributors$725.4bn+4.3%+0.4921100.0%18.1%44.3%Core
Air Freight & Logistics$520.1bn+5.3%+0.5914100.0%19.0%55.1%Core
Passenger Airlines$485.0bn+6.1%-0.7617100.0%14.2%38.4%Core
Ground Transportation$314.1bn+7.8%+0.0418100.0%20.0%38.1%Core
Marine Transportation$275.6bn-0.1%+0.611386.7%19.7%51.1%Core
Building Products$248.0bn+5.4%+1.1918100.0%21.7%45.7%Core
Professional Services$184.1bn+6.4%+2.1919100.0%13.8%36.6%Core
Commercial Services & Supplies$161.0bn+5.3%-0.1717100.0%17.0%37.8%Core
Transportation Infrastructure$59.4bn+6.6%-0.4718100.0%13.4%38.3%Core
Information Technology6 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Technology Hardware, Storage & Peripherals$2,790.4bn+14.9%+3.2231100.0%19.9%58.1%Core
Semiconductors & Semiconductor Equipment$2,197.3bn+25.7%+2.728098.1%21.4%46.0%Core
Electronic Equipment, Instruments & Components$1,395.3bn+21.8%+3.065395.7%26.0%49.1%Core
Software$855.0bn+19.0%+2.894394.7%45.0%61.7%Core
IT Services$460.1bn+6.7%-1.0530100.0%16.6%39.1%Core
Communications Equipment$273.5bn+14.2%+3.831388.0%25.1%42.7%Core
Materials5 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Metals & Mining$2,262.8bn+2.1%+0.438897.4%12.4%21.0%Core
Chemicals$1,028.1bn+4.2%-0.607398.8%7.0%16.5%Core
Construction Materials$257.8bn+6.2%+1.0217100.0%15.9%36.8%Core
Containers & Packaging$126.5bn+3.0%-0.368100.0%26.0%64.7%Core
Paper & Forest Products$42.6bn+4.2%+0.025100.0%26.8%79.4%Thin basket
Real Estate6 included · 2 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Real Estate Management & Development$434.8bn+4.0%-0.054696.0%11.5%28.5%Core
Specialized REITs$66.3bn+6.5%+1.4211100.0%16.8%45.6%Core
Retail REITs$25.7bn+3.2%-0.829100.0%26.2%63.1%Core
Residential REITs$15.8bn+3.6%+0.286100.0%21.1%59.5%Thin basket
Industrial REITs$15.2bn+8.4%+0.795100.0%62.9%87.7%Thin basketConcentrated
Diversified REITs$8.5bn+8.7%+1.426100.0%22.8%64.6%Thin basket
Excluded Industries (2)
IndustrySame-base companiesForward-growth monthsCoverageReason
Health Care REITs2165100.0%matched securities < 5
Office REITs2169100.0%matched securities < 5
Utilities5 included · 0 excluded
IndustryNext-12M RevenueForward growth5Y signalSame-base companiesCoverageTop 1Top 3Status
Electric Utilities$957.7bn+3.6%+1.195498.2%10.4%23.0%Core
Multi-Utilities$437.4bn+4.7%+1.9120100.0%20.8%52.6%Core
Independent Power and Renewable Electricity Producers$343.5bn+4.3%+0.593194.1%9.6%26.6%Core
Gas Utilities$207.0bn+2.3%-1.7015100.0%14.7%35.4%Core
Water Utilities$22.0bn+10.0%+1.605100.0%26.4%71.6%Thin basket
Signal. Forward growth is aggregate 24M consensus ÷ aggregate 12M consensus − 1. The same-company requirement controls composition; it does not change the formula.

Eligibility. An Industry is charted when the latest same-company basket contains at least 5 security IDs, the forward-growth series has at least 60 valid monthly observations, and latest strict FY1-FY3 calendarization coverage is at least 70%. There is no revenue-dollar or parent-sector-share gate. Baskets with fewer than 7 companies are labelled thin. Top-one Revenue share above 50% or top-three share above 80% is labelled concentrated but remains included. Industry and Sector labels use current Bloomberg GICS classifications backcast across point-in-time ACWI membership.