World's most admired companies

·Brit McGinnis

Bjorn Bakstad // Shutterstock
Bjorn Bakstad // Shutterstock

Companies are the sums of their cultures and decisions: Money doesn't tell the whole story. A successful company needs much more than a profitable year to win the respect of its customers and keep employees happy.

Stacker looked to Fortune's top 50 most admired companies (last updated January 2019) to get a better picture of which companies stand out amongst the rest. To make the list, Fortune partnered with global organizational consulting firm Korn Ferry to create, distribute, and analyze a survey of company reputations around the world. The study started with 1,500 companies: the 1,000 biggest companies in the U.S. ranked by revenue; and companies outside the U.S. with revenues exceeding $10 billion from Fortune's Global 500 database. From there, Fortune honed the list down to 680 companies in 30 countries with the highest sales in 52 different industries. More than 3,500 executives from those companies voted on the list, ranking businesses on nine factors including investment value to products. Companies had to score in the top half of their respective industries to make the final list.

The 3,750 directors, executives, and securities analysts who took the industry surveys were then tasked with going through high-ranking companies from last year's surveys, including companies listed in the top 25% and companies that ranked in the top 20% of their respective industries.

Here, Stacker explores Fortune's list of the world's most admired companies, reviewing the details behind each company and likely reasons for inclusion on this list. Company histories and discussions about their legacy are included. Read on to find out the top dogs in the world of business.

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1 / 51

#50. Samsung Electronics (tie)

Industry: Electronics

Samsung started out in 1938 as a trading company that later invested profits into electronics development (among other industries). The company had a quick response to its “exploding battery” scandal in previous years: Production of the culprit, the Galaxy Note 7 smartphone, was permanently stopped in the name of consumer safety. Recently in 2018 Samsung created QLED (quantum dot light-emitting diode) TVs with ambient modes that specifically did not require an always-on camera, which is a privacy concern.

11 / 51

#41. PepsiCo

Industry: Consumer food products

In 2018 PepsiCo lost Indra Nooyi, its first female CEO since its founding in 1965. She is credited for encouraging the company to invest in healthier products, such as Bare Foods and the acquisition of SodaStream. PepsiCo has also made contributions toward ending world hunger.

17 / 51

#35. CVS Health

Industry: Health care—pharmacy and other services

CVS Health may never have imagined in 1982 that it'd be merging with fellow giant Aetna. This move, on top of pushing virtual care and a new customer membership program, highlights positive strides made by the company. 

19 / 51

#33. UPS

Industry: Delivery

Starting in 1907 on foot and bicycle, UPS is now known for delivering packages in their signature brown trucks. But 2018 was a year in which their stock plummeted and they narrowly avoided a major labor strike. 

21 / 51

#31. Procter & Gamble

Industry: Soaps and cosmetics

Procter & Gamble may have earned admiration from other businesses for its 2018 stock turnaround. But this company, which has been around since 1837, earned that comeback through raising prices for its customers. 

28 / 51

#24. USAA

Industry: Insurance—property and casualty

USAA, founded in 1922, earned their spot on this list despite layoffs and lower employee bonuses; they also offered no-interest loans to members during the 2018 government shutdown. In 2018 the company announced plans to donate $40 million to charity—1% of its pre-tax income. 

49 / 51

#3. Berkshire Hathaway

Industry: Insurance—property and casualty

Berkshire Hathaway may have been founded in 1839, but Warren Buffett (the highly regarded financier at the top of the company) has only been running the show since 1965. He led the company to a good year in 2018 and was explicit about how the company was planning to spend its cash.