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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#50. Samsung Electronics (tie)

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#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.

#49. Charles Schwab

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#49. Charles Schwab

Industry: Securities and asset management

Charles Schwab was founded in 1971, and in 2018 became more open about its desire to not let cost be a factor for people who wanted to invest with them. The company also saw massive success of their charity division.

#42. Visa

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#42. Visa

Industry: Consumer credit card and related services

Visa's place on this list could be slightly surprising to some: Stock sell-off earlier in the year was only the beginning of bad times for Visa. The company, founded in 1958, has faced data privacy troubles and a #MeToo scandal surrounding its spokesman Morgan Freeman. 

#41. PepsiCo

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#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.

#35. CVS Health

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#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. 

#33. UPS

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#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. 

#31. Procter & Gamble

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#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

#24. USAA

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#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. 

#23. Marriott International

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#23. Marriott International

Industry: Hotels, casinos, and resorts

Founded in 1927, Marriott saw incredible growth in both net income and acquiring new properties and memberships. However, they also experienced a recent data breach and a worker strike

#22. BlackRock

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#22. BlackRock

Industry: Securities and asset management

Associated with the American financial crisis and founded in 1988 at the height of the "greed is good" era, BlackRock took a turn toward social responsibility in 2018. They also offered new products that would enable their customers to avoid supporting gun companies if they wish.

#17. Johnson & Johnson

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#17. Johnson & Johnson

Industry: Pharmaceuticals

Founded in 1886, Johnson & Johnson this years set itself apart by collaborating with 15 companies and organizations to tackle areas in need of medical research. However, they also had a scandal surrounding asbestos in their baby powder products—along with an allegation that executives had known about it for decades.

#12. Costco Wholesale

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#12. Costco Wholesale

Industry: General merchandisers

Costco was named the #1 one place to work in 2018, an achievement for the warehouse retail company founded in 1983. Despite problems within the retail sector at large, Costco raised employee wages and experienced growth as the year went on.

#3. Berkshire Hathaway

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#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.

#2. Amazon Internet

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#2. Amazon Internet

Industry: Services and retailing

Amazon has been at the center of public debate with the cancellation of its new Queens campus in New York City. However the company, founded in 1994, cleaned up at the Emmys with its original content, validating recent investments. The Washington Post (owned by Jeff Bezos, personally) also continued to be profitable.