6 Maryland Companies Among Most Admired In 2020: Fortune

MARYLAND —Business magazine Fortune has released its annual list of the most admired companies in the world. Apple took the top spot on the list for the second year in a row, with Amazon and Microsoft rounding out the top three.

A total of 330 companies were on the list.

Maryland has six of the most admired companies in the world for 2020, according to Fortune, which put two of them in the top 100.

Marriott International

• Rank: 17
• Headquarters: Bethesda
• Industry: Hotels, casinos and resorts
• Industry Rank: 2

Lockheed Martin

• Rank: 46
• Headquarters: Bethesda
• Industry: Aerospace and defense
• Industry Rank: 2

Ciena

• Rank: 104
• Headquarters: Hanover
• Industry: Network and other communications equipment
• Industry Rank: 2

Discovery

• Rank: 125
• Headquarters: Silver Spring
• Industry: Entertainment
• Industry Rank: 6

Host Hotels and Resorts

• Rank: 160
• Headquarters: Bethesda
• Industry: Real estate
• Industry Rank: 2

T. Rowe Price

• Rank: 284
• Headquarters: Baltimore
• Industry: Securities and asset management
• Industry Rank: 5

To be considered for the list, a company has to either be one of the 1,000 largest in the United States by revenue, or a company based outside the United States in Fortune's Global 500 database that has a revenue of $10 billion or more.

This assortment of companies was subsequently narrowed down to include the 680 highest-revenue companies in each industry, such as computer software, entertainment and real estate.

The overall rankings were then compiled by Forbes in partnership with the management consulting company Korn Ferry by surveying executives, directors and analysts in their own industry. See Fortune's methodology.

Here are the top 10 companies on the list overall:

1. Apple
2. Amazon
3. Microsoft
4. Walt Disney
5. Berkshire Hathaway
6. Starbucks
7. Alphabet
8. JPMorgan Chase
9. Costco Wholesale
10. Salesforce

The full list of most admired companies in 2020 is available on the Fortune website.

— By Rich Kirby and Elizabeth Janney