We are very pleased to announce that Berkshire Hathaway ranked #3 in Fortune Magazine's 2019 World's Most Admired Companies list. This annual ranking is determined from executives in over 50 industries. The Berkshire Hathaway brand remains one of the most respected names in the global business world, we take pride in representing a company known for stability, integrity, and innovation.
Some 3,750 executives, analysts, directors, and experts voted:
How Fortune Determined This List:
Which companies are most respected? Fortune created a survey of corporate reputations. They began with about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in Fortune’s Global 500 database that have revenues of $10 billion or more. They then winnowed the assortment to the highest-revenue companies in each industry, a total of 680 in 30 countries. The top-rated companies were picked from that pool of 680; the executives who voted work at the companies in that group.
To determine the best-regarded companies in 52 industries, they asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.
To select our 50 All-Stars, they asked 3,750 executives, directors, and securities analysts to select the 10 companies they admired most. They chose from a list made up of the companies that ranked in the top 25% in last year’s surveys, plus those that finished in the top 20% of their industry. Anyone could vote for any company in any industry.