We talk openly about how our unique company culture and our people have consistently driven record breaking results. In fact, 2022 was our best year yet with $3 billion in transactions. But how do our successes rank amongst well-known publicly traded companies like Disney, Tesla, Apple and Microsoft?
In preparation for a presentation at Partner Day, partner and VP Brock Wright recently worked with impact investment analyst Caleb Burke to compare The Connor Group’s performance with these and other perennial high performers in the stock market. Even with personal knowledge of our own statistics, Brock and Caleb were unsure of what their findings might reveal.
“When we set out to compile these stats, I had no preconceived notions for how our performance would stack up,” said Brock. “After seeing the results, it was eye-opening.”
Using these findings, Loop created a visual depiction of these stats to help tell the story.
Starting with profit, 2022 reports show The Connor Group has a higher profit per associate than 97-percent of publicly traded companies. In fact, at nearly $1 million per associate, that’s more than Disney, Nike, Coca Cola, Tesla and Netflix combined!
But, what we do with that profit tells the full story. In addition to reinvesting in associates with best-in-class benefits, elite training and reward and recognition, The Connor Group gives more of its profits back to the community than the most charitable household names. Kids & Community Partners was created specifically for this reason; to invest in and create programs committed to pulling kids out of generational poverty. More than 3-percent of this profit goes to kids in need.
“Just by performing their role at an elite level, our associates are making a difference,” said partner and director of Kids & Community Ryan Ernst. “For example, if an associate contributes an added $100 to their property’s monthly NOI (net operating income), that equates to $2,940 going towards under-resourced kids.”
Performance like this doesn’t go unnoticed. When we say people are the no. 1 key to success we mean it. As a reflection of our unmatched productivity standards, we also have unmatched standards for layoffs. Put simply, we don’t do layoffs. Here’s where The Connor Group ranked during two of the most recent financial hardships.
The final comparison to elite performance is reflected in returns to our investors. For this, Caleb and Brock looked at results from Warren Buffett, CEO of Berkshire Hathaway, and Ray Dalio, founder of Bridgewater. These two businessmen are highly regarded as the most elite investors in the world.
“I think it’s important for all our associates to understand that no matter who you’re stacking The Connor Group up against, our company shows very well,” said Brock.
While you can find inspirational quotes from Buffett and Dalio in our very own Culture book, The Connor Group far surpassed their successes by nearly tripling their returns.
“We use the word ‘elite’ often,” said Brock, “but this data shows the tag is warranted.”