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Medtronic Earns a Spot on Fortune Magazine's 'Most Admired Companies' List

Fortune ranks Medtronic second within Medical Products and Equipment industry

Published 02-04-22

Submitted by Medtronic

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Medtronic earns a spot on Fortune Magazine’s ‘Most Admired Companies’ list

Fortune magazine announced today that Medtronic is once again on its list of “Most Admired Companies.” For 2022, Medtronic ranked second in the Medical Products and Equipment category.

The “Most Admired Companies” list highlights exceptional organizations that are rated on nine reputational attributes. Companies also receive an overall corporate reputation score based on the average of the attribute scores.

The nine reputational attributes that companies are evaluated on are:

  • Ability to attract and retain talented people
  • Quality of management
  • Social responsibility to the community and the environment
  • Innovation
  • Quality of products or services
  • Wise use of corporate assets
  • Financial soundness
  • Long-term investment value
  • Effectiveness in doing business globally

This year, 640 of the world’s largest companies by revenue were ranked, spanning 52 industries and 28 countries. Fortune surveyed approximately thousands of senior executives, outside directors, and industry analysts to determine this year’s top companies.

Companies eligible to make the “Most Admired Companies” list must be listed in Fortune’s Global 500 database, where companies with revenues of $10 billion or more are tracked.

“We’re honored to be ranked among Fortune’s Most Admired Companies,” said Medtronic chairman and CEO Geoff Martha. “This recognition reflects the dedication of 90,000 Medtronic employees, all working to advance our Mission to alleviate pain, restore health, and extend life. And it is particularly meaningful, given the many challenges we have all faced throughout the pandemic. Being named a "Most Admired Company" fuels my excitement and drive to continue to carve our path forward, while reinforcing our commitment to making a positive impact on the world.”

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Bold thinking. Bolder actions. We are Medtronic.

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world.

In everything we do, we are engineering the extraordinary.

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