Local technology company ranks 39 on Forbes annual list

The list is composed of 100 businesses based on financial performance.

By Business Observer Staff
| 12:15 p.m. March 17, 2022
| 2 Free Articles Remaining!

Manatee-Sarasota

SARASOTA — A Sarasota-based engineered motion control and electronic controls technology company recently joined Forbes list of America's best mid-size companies at No. 39.

Courtesy. Josef Matosevic says the recognition is a reflection of the success Helios Technologies has had in executing its strategy for growth.

The ranking Helios Technologies Inc. received was out of 100 companies that were picked to highlight the businesses financial performance.

“We are honored to be recognized by Forbes and to be named among this list of great companies,” says Josef Matosevic, president and CEO of Helios Technologies. “This recognition reflects our success at executing our augmented strategy for growth and is a testament to our focus on innovating solutions to help our customers succeed. This honor exemplifies the dedication of our global Helios team and their hard work to deliver our strong performance.”

More than 1,000 companies with a share price of at least $5 and market value between $2 billion to $10 billion were reviewed for the list. The data from FactSet was combed for the list. Helios’ ranking was determined by its earnings and sales growth, return on equity and total stock return over the last five years as well as the last 12 months.