We are proud to be included again on the Fortune 500 list. This year, Caterpillar is ranked number65. Caterpillar has appeared on Fortune Magazines list for 24 consecutive years.
Caterpillars resilient global team delivered excellent results in 2017, said CEO Jim Umpleby in his annual letter to shareholders. As demand improved during the year, they capitalized on the opportunities to serve our customers around the world.
This year, Caterpillar also ranked number43on Fortunes 2018 Most Admired List as previously announced.
According to Fortune, companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency.
With a company purpose to help our customers build a better world, Caterpillar plays a vital role in assisting our customers as they respond to these changing demands.
Thanks to Caterpillars dedicated employees, the company has appeared in the Top 50 All-Stars list for 17 consecutive years.