NEW YORK — Keurig Green Mountain, Inc., the coffee purveyor that created the K-cup, and Hain Celestial Group, Inc., an organic manufacturer, were recognized by Fortune as two of the top 100 fastest growing companies.

Companies must meet a certain criterion to make the list. To qualify, a company must have had revenue or net income for the four quarters ended on or before April 30, 2014, of at least $50 million and $10 million, respectively, and have posted an annual growth in revenue and earnings per share of at least 20% annually over three years ended on or before April 30, 2014. The companies are then ranked based on revenue growth rate, e.p.s. growth rate, and three-year annualized total return for the period ended June 30, 2014.

Keurig ranked No. 48, with Fortune noting that the company lost its K-Cup patent protection, “but it is still brewing good results” from a stock price that quintupled and a $1.3 billion investment from Coca-Cola. The company had a three-year annual growth rate for e.p.s. of 66%, for revenue of 34% and total return rate of 12%. These numbers earned Keurig a high spot on Fortune’s list, but dropped the company down from the No. 10 spot of last year’s fastest growing companies.

Hain Celestial, ranked at No. 61, climbed the list from No. 83 in Fortune’s prior year rankings. The survey noted Hain for its “packaged food, staples, and snacks” that “rang up glowing sales as the trends to organic and healthier eating spreads far beyond Whole Foods.” Hain Celestial's three-year annual growth rate for e.p.s. was 43% and revenue was 25%, with a total return of 39%. 

“I am proud to once again have Hain Celestial ranked as one of Fortune'S 100 Fastest Growing Companies, moving up to No. 61 in 2014, in recognition of the tremendous growth in the company's revenues and earnings over the last three years,” said Irwin D. Simon, founder, president and chief executive officer of Hain Celestial.  "I am pleased with our results and want to thank the Hain Celestial team for delivering another solid year, and I look forward to our continued profitable growth and success.”