Oshkosh Corporation (NYSE: OSK) today announced that it has been recognized as one of FORTUNE’s World’s Most Admired Companies. Oshkosh Corporation is one of 330 companies to achieve this honor, as ranked by industry peers, highlighting some of the most respected and successful companies from around the world.
Oshkosh Corporation ranked fourth in the “Construction and Farm Machinery” category. This is the first time that Oshkosh Corporation has received this prestigious award and Oshkosh is one of only five Wisconsin-based companies named.
“We’re honored to be part of this distinguished ranking,” said Wilson R. Jones, Oshkosh CorporationPresident & Chief Executive Officer. “Not only does Oshkosh Corporation have a strong positive long-term outlook, we also have a thriving People First Culture and a mission to make a difference in people’s lives, which positions us well as we embark on our second century of business.”
FORTUNE collaborated with partner Korn Ferry on this survey of corporate reputation and began with a universe of about 1,500 candidates including 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. The list was then narrowed to the highest-revenue companies in each industry, a total of 680 in 29 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, Korn Ferry 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.
Results were not published in the following categories owing to insufficient response rates: Cable and Satellite Providers, Petroleum Refining, Pipelines, and U.S. Energy. To select the top 50 All-Stars,Korn Ferry asked 3,900 executives, directors, and securities analysts who had responded to the industry surveys to identify 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.
In addition to be named one of FORTUNE’s World’s Most Admired Companies, Oshkosh Corporationhas earned the titles of one of the World’s Most Ethical Companies® by Ethisphere Institute in 2016 and 2017, one of America’s Best Large Companies by Forbes in 2016 and 2017 and a Military Friendly Employer by Victory Media. Thanks to feedback from team members, Oshkosh Corporationwas also named one of the 2018 Best Places to Work by Glassdoor.
The full list of FORTUNE’s World’s Most Admired Companies can be viewed at http://for.tn/2DqhQJf or in the February 1, 2018 issue of FORTUNE.
Forward Looking Statements
This news release contains statements that the Company believes to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements.