Hyundai Motor Company Annual Revenue by Year

Source:  Hyundai Motor Company / Factory Warranty List

Hyundai Motor Company Annual Revenue by Year

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Key Findings

📈
From 2018 to 2024, Revenue (USD Billion) moved from 86.90 to 118.90 (+36.8%).
🏆
The highest value in Revenue (USD Billion) came in 2023: 125.70.
🔻
The lowest was 2018 at 86.90.
↔️
The sharpest single-year move was 2021 → 2022: +14.5% (98.90 → 113.20).

About This Dataset

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.
Analysis

Hyundai'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.

Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
7
7 categories  ·  1 year
↑
Top Value
125.70
2023
Revenue (USD Billion) · All Time
◈
Metrics
1
Revenue (USD Billion)
◷
Period
All Time
Single year snapshot

Methodology & source

Data source
Hyundai Motor Company / Factory Warranty List
Coverage
7 entities · 7 observations
Measure
Revenue (USD Billion)
Last updated
11 July 2026
Compiled by
The ANYSTAT team, from the source above
How the figures are calculated
  • Values are shown as reported by the source. Nothing is rescaled, rebased or converted — the only changes are thousand separators and decimals shown to two places.
  • Entities are ranked highest-first on their value.

Rankings & Full Data

7 records · Revenue (USD Billion) · ranked by All Time

✓ 7 sourced
# Category All Time Source
🥇 2023 125.70
🥈 2024 118.90
🥉 2022 113.20
4 2021 98.90
5 2020 95.70
6 2019 91.50
7 2018 86.90

Data Sources & References

All external sources cited in this dataset

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