Industry Rankings
To research industry rankings, I have visited IndustryWeek web-site, and easily found links to industry ratings. The one that I have chosen for my observation is IW 50 Best Manufacturing Companies. This ranking is “IndustryWeek’s report on the best 50 best publicly held U.S. manufacturing companies.” Such financial factors as profit margin, revenue growth, inventory turns, asset turnover, return on assets, and return on equity are analyzed during three-years time, and are used to identify the IW formula. This way, higher revenues do not guarantee higher rankings for the companies, rather the mix of all financial ratios is the determinant of the ranking. In other words, a company with greatest revenues may not secure the first position. (The link to the ranking I used is provided at the end of the document.)
In the 2005 IW 50 Best Manufacturing Companies ranking, the winner is Amphenol Corp., with $1,530.45 million in revenues, and 10.67% profit margin. These numbers are much less than that of the second company, namely Anhauser-Busch Cos. Inc, that has $14,934.2 million in revenues and 15$ profit margin. This is a great example that proves that Amphenol performs much better in many other areas than Anhauser-Busch. Dow-Jones & Co. secured 13th position, Harley-Davidson Inc. – 19th. PepsiCo Inc. is 32nd, and Procter & Gamble Co. is 35th. Valero Energy Corp. with as much as $54,618.6 million in revenues ranked 46th, but it has only 3.3% profit margin. In the leading ten are such companies as Dell, Colgate-Palmolive, Columbia, Chevron, and Coach.
Bibliography
1. The 2005 IW 50 Best Manufacturing Companies. Industry Week. From http://www.industryweek.com/research/iw50best/2005/iw50Bestnames.asp