FedEx ranks 17th on Fortune magazine's list of the world's most admired companies

FedEx remains the highest-ranked shipping company on the overall list

NORTHAMPTON, MA / ACCESSWIRE / March 11, 2024 / fedex corporation

FedEx Corporation is once again ranked as one of the world's most admired companies, according to a study published in . luck magazine.

FedEx was ranked 17th overall in the annual report “The World's Most Admired Companies,'' released today.this marks 24^th FedEx ranks among the top 20 companies on the prestigious list every year. luck. FedEx also maintains its position as the highest-ranked shipping company across the World's Most Admired Companies list.

“I'm proud that FedEx is one of them. Fortune's 24 Most Admired Companies^thRaj Subramaniam, President and CEO of FedEx Corporation “This is a testament to the incredible dedication of our team members to move the world forward.” . ”

This study measures nine attributes related to a company's financial performance and company reputation.

of luck The World's Most Admired Companies list is the definitive report card on corporate reputation. Since 1997, luck has identified, selected and ranked the world's most admired companies and identified the business practices that make these companies highly regarded among their peers.

Research method

luck worked with Korn Ferry to conduct this company reputation study. They started with a universe of about 1,500 candidates. Ranking the 1,000 largest US companies by sales and including non-US companies. Fortune's Global 500 database with over $10 billion in revenue. The list then selected the most profitable companies in each industry, totaling 660 companies from 29 countries. Top-rated companies were selected from a pool of 660 companies.

To determine the best-rated companies across 52 industries, Korn Ferry asks management teams, directors, and analysts to evaluate everything from investment value and quality of management and products to social responsibility and ability to attract talent. They were asked to rate companies within the same industry on nine criteria. For a company to go public, it must be in the top half of its peer group.