Hyundai Motor Company Annual Revenue by Year
This chart tracks Hyundai Motor Company's total annual revenue for each full year from 2018 through 2024, expressed in US dollars (converted from the company's reported Korean won figures). Values are shown in billions of US dollars.
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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Hyundai Motor Company Annual Revenue by Year
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