Women-led companies outperform men’s in the Fortune 1000 top companies A new study reveals how women CEOs have been leading the charge on Fortune's top 1000 list, breaking barriers and boosting bottom lines. Written by Stephanie Lennox Updated on 16 November 2023 Our experts We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Written and reviewed by: Stephanie Lennox Writer A recent analysis by money.co.uk into the Fortune 1000 most successful companies has unveiled a fascinating trend: companies led by women CEOs are outperforming their male-led counterparts in terms of revenue, despite being a minority.Women CEOs may constitute only 8% of the Fortune 1000's top companies – but their performance statistics tell of their indisputable impact. We dive into the report here.The CEO gender divide Male CEOs: 92%Female CEOs: 8% Companies led by men dominate the Fortune 1000 list, representing 92% of the total, while companies with women at the helm still only make up a modest 8%.A year in revenue Average revenue (male-led): £20 billionAverage revenue (female-led): £26 billion Companies led by women CEOs boast significantly higher average revenues, with an impressive £26 billion, compared to the £20 billion average revenue reported by companies led by men.Revenue trends and shifts Average revenue change (male-led): 19%Average revenue change (female-led): 13% In the past year, companies led by men experienced a 19% increase in revenue, outpacing women-led companies, which saw a still commendable 13% growth.Profitability insights Average profits (male-led): £1.7 billion (33%)Average profits (female-led): £1.5 billion (-61%) While companies led by men have a slight edge in terms of profitability, with an average profit of £1.7 billion compared to £1.5 billion for women-led companies, it's noteworthy that women-led companies are not far behind.Assets Average assets (male-led): £55 billionAverage assets (female-led): £128 billion Assets appear to be women CEOs' hidden strength. In this realm, women-led companies clearly outpace their male-led counterparts. On average, these companies possess assets valued at $128 billion, while those led by men have an average of $55 billion in assets.Market value Average market value (male-led): £41 billionAverage market value (female-led): £30 billion Lastly, when assessing market value, companies led by men slightly outperform women-led companies, with an average market value of £41 billion, compared to women-led companies with an average market value of £30 billion.ConclusionThese findings highlight the impressive financial performance of companies led by women CEOs in the Fortune 1000 index.While women remain underrepresented overall, the stats demonstrate that gender diversity in corporate leadership can yield exceptional results, particularly in revenue generation and asset accumulation. Here in the UK, there is some progress when it comes to more venture capital for women. However, last year less than 2% of investment was going to female founders, negatively impacting the startup landscape. Over 40% of UK-based female business leaders also say they don’t have the cash flow needed to support their businesses’ growth, according to new research published by Bibby Financial Services (BFS). While these statistics are based on US companies, they hold significant implications for the landscape of female leadership in the UK as well. As the UK continues to strive for greater gender equality in the corporate world, these findings provide valuable insights into the potential benefits of promoting and supporting women in executive roles.Source: Money.co.uk Share this post facebook twitter linkedin Tags News and Features Written by: Stephanie Lennox Writer Stephanie Lennox is the resident funding & finance expert at Startups: A successful startup founder in her own right, 2x bestselling author and business strategist, she covers everything from business grants and loans to venture capital and angel investing. With over 11 years of hands-on experience in the startup industry, Stephanie is passionate about how business owners can not only survive but thrive in the face of turbulent financial times and economic crises. With a background in media, publishing, finance and sales psychology, and an education at Oxford University, Stephanie has been featured on all things 'entrepreneur' in such prominent media outlets as The Bookseller, The Guardian, TimeOut, The Southbank Centre and ITV News, as well as several other national publications.