Huntsville, AL – Inc. magazine revealed today that MartinFederal Consulting, LLC (MartinFederal) is No. 1591 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses.
“This has been a great year of growth for MartinFederal. Being ranked on Inc. 5000 for the third consecutive year and knowing only one in eight companies have made this list three times, is an honor,” said Corey Martin, President & CEO. “It is truly rewarding for all of us at MartinFederal to see our hard work being recognized locally and nationally. We moved up 984 spots from last year’s ranking and 2,991 spots from our first time ranking in 2017. This is an outstanding accomplishment and with continued momentum, I look forward to seeing what our great team achieves in the years to come.”
Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
In its 12 years in business, MartinFederal has provided the U.S. government with customer-focused, performance-based solutions – using technology and an empowered workforce as an engine to drive its customers’ missions. Solutions are leveraged from the company’s core competencies in Advanced Systems and IT Services, Training and Development, Space and Mission Operations and Laboratory and Technical Support. Headquartered in Huntsville, AL, MartinFederal is one of a very small percentage of SBA 8(a) and SDVOSB’s providing high-tech solutions to the Federal Government. For more information, visit www.martinfed.com and follow us on LinkedIn and Twitter.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success.