Hyundai Motor Company Annual Revenue by Year
About This Dataset
Hyundai Motor Company Annual Revenue by YearHyundai's revenue trend is one of strong long-term growth despite volatile vehicle-sales volumes. Revenue rose from about $86.9 billion in 2018 to a peak of roughly $125.7 billion in 2023 before easing to around $118.9 billion in 2024. Notably, revenue kept climbing even in years when unit sales fell: 2020 sales dropped to a pandemic low yet revenue held near $95.7 billion, and 2024 revenue of $118.9 billion sits far above 2018 levels even though 2024 sold fewer vehicles than 2018. This divergence reflects higher average selling prices, a richer mix of SUVs and premium Genesis models, and pricing power that lifted revenue per vehicle over the period.
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