Top 20 Most Admired Companies

To create the top 20, Fortune and its survey partners at Hay Group asked the experts -- in this case, more than 3,700 people from dozens of industries -- to select the 10 companies they admire most. This year's winners all have strong records of innovation, leadership, and financial strength -- and their employees know it.

Johnson & Johnson
Johnson & Johnson
Top 20 rank: 9
Rank in Pharmaceuticals: 2
From the common cold to clogged arteries, J&J has the remedy. The $61 billion company recorded operating margins of almost 25% last year. More broadly, the 122-year-old health-care conglomerate is admired for its ability to be competitive in three businesses -- consumer health products, branded pharmaceuticals, and medical devices.

That's nothing to sniff at. J&J's competitors have responded to uncertainty in health-care markets by narrowing their focus.  -John Simons
See how Johnson & Johnson rates in 8 key areas
Last updated March 03 2008: 2:10 PM ET

Apple

Berkshire Hathaway

General Electric

Google

Toyota Motor

Starbucks

FedEx

Procter & Gamble

Johnson & Johnson

Goldman Sachs

Target

Southwest Airlines

American Express

BMW

Costco

Microsoft

UPS

Cisco Systems

3M

Nordstrom
Most admired: Full list See how 317 top companies rate in 8 key areas. (more)
Most admired in your state California is home to the most corporations on this year's list. See the top-rated firms near you. (more)
Game: How admirable are you? Can you match each quote to the Most Admired company it refers to? See how admirably you score. (more)