Local firm No. 2 on Fortune's fastest-growing list

TAMPA — HCI Group Inc. was ranked second on Fortune's list of 100 Fastest-Growing Companies for 2014. The ranking is based on average revenue growth, profit growth, and relative stock performance over the past three years.

Fortune reports that HCI Group achieved an average annual growth rate of 58% on revenue growth, 100% earnings per share growth and 91% annualized total return over the three-year period ending June 30. HCI was ranked 13th on Fortune's List of 100 fastest-growing companies last year.

HCI was the only Gulf Coast company to make the list and the best ranked of the four Florida companies on the ranking. The other Florida companies were Lennar of Miami, Ultimate Software Group of Weston and Dycom Industries of Palm Beach Gardens.