Organic growth

Revenue growth without the effect of companies bought or sold during the period, and often without currency swings. It shows how fast the existing business grows on its own.

Simple example

Revenue rises from $100 to $120, but $15 of that comes from a company bought during the year. Reported growth is 20%, but organic growth is only $5, or 5%.

$100Last year$120This year$100+$15 bought+$5 organic
Made-up numbers, for illustration only.