Dive Brief:
- Fortune has published its latest "World’s Most Admired Companies List," and Fluor and Toll Brothers both topped their industry rankings, in engineering/construction and homebuilding, respectively.
- Fluor, 136 on the Fortune 500, and Toll Brothers, 628, both scored highest in the categories of innovation, quality of management, financial soundness and quality of products/services. Fluor was also a standout in people management, use of corporate assets, long-term investment value and global competitiveness, while Toll Brothers also scored high marks for social responsibility.
- The Most Admired list is the result of a survey by Korn Ferry Hay Group in which they asked executives, directors and analysts to rate companies in their own industries on nine criteria. The companies that are part of the survey are pulled from the Fortune 1,000 and the Fortune Global 500 databases.
Dive Insight:
Fluor, based in Irving, TX, is a global construction and engineering behemoth with major operations in sectors like energy, utilities and infrastructure. Fluor had more than $18 billion in revenue in 2015 and counts projects like the Tappan Zee Bridge and the 800-mile Trans-Alaska Pipeline System in its portfolio.
Fluor recently won a $1 billion contract to build a Pemex oil refinery in Mexico, as well as a $1.9 billion contract for an Arizona highway project. The company is, however, currently in a dispute with the California Department of Transportation over $50 million in payments for work it performed on the Bay Bridge in San Francisco.
Under Fortune's engineering/construction category of Most Admired companies, Fluor was followed by Jacobs Engineering Group, EMCOR Group, Peter Kiewit Sons', and AECOM.
Toll Brothers, based in Horsham, PA, finds itself once again ranked the Most Admired of the homebuilders on Fortune’s list. Toll Brothers is the largest homebuilder in the U.S. luxury segment and fifth overall by revenue. The company currently builds in 19 states and has recently entered the active adult market as well.
Under Fortune's homebuilding category, Toll Brothers was followed by Lennar, D.R. Horton, CalAtlantic Group, and PulteGroup.
