Toro recognized as Most Admired Company by Fortune

The Toro Company has been recognized by Fortune as one of the World’s Most Admired Companies for 2024. The Toro Company ranked fifth in the construction and farm machinery category.

"We are honored to be recognized among the world's most highly regarded and respected companies,” says Richard Olson, chairman and CEO. “To be included in such prestigious company reflects our unwavering commitment to excellence, innovation and value creation for our stakeholders. Behind this achievement is a team of exceptional individuals whose hard work and dedication have set us apart. We collectively celebrate this honor across our organization, and I would personally like to express my sincerest appreciation for the role our global employees and partners have played in achieving this recognition.”

The World's Most Admired Companies list by Fortune is a comprehensive ranking that evaluates companies across various industries based on key attributes such as innovation, social responsibility, quality of management, and global competitiveness.

To determine the companies with the strongest corporate reputation, Fortune partnered with Korn Ferry to conduct surveys among executives, directors and analysts who assess and rate enterprises within their own industries. The 2024 list recognized 660 companies across 29 countries and 52 industries.

The Toro Company continues to be recognized for fostering a culture characterized by trust, integrity and unmatched customer care – recently earning distinctions as one of the World’s Most Trustworthy Companies and the Most Trustworthy Companies in America for 2023 by Newsweek.