Centex Corporation was ranked No. 1 in the home building industry by FORTUNE as part of its "America's Most Admired Companies" ranking in the magazine's March 19 edition.
Four other home builders made the FORTUNE list in the home-building category, including Pulte Homes, Lennar, Toll Brothers and KB Home. Five others were ranked as "contenders," including NVR, MDC Holdings, Hovnanian Enterprises, Beazer Homes USA and D.R. Horton.
This is Centex's fifth No. 1 ranking in the last eight years on the FORTUNE list, ranking No. 1 three of those years in engineering and construction, and No. 1 two of those years in home building. "Our consistent ranking by FORTUNE as one of the most admired companies in our industry supports our strong reputation in the marketplace," said Tim Eller, chairman and CEO of Centex, in a press release. "Our employees' relentless pursuit of financial performance, quality and customer satisfaction is the cornerstone to our continued success."
Fortune derives the list from a survey of 3,322 executives, directors and securities analysts, who are asked to select the 10 companies they admire most and rate them in eight key areas, including innovation; quality of management; people management; financial soundness; use of corporate assets; long-term investment; social responsibility; and product/service quality. The responses are then tallied to arrive at the rankings. The highest possible score is 10.
None of the home-building companies made the "big list," which is comprised of the top-20 most admired companies. General Electric topped that list. SEE THE LIST HERE
The builder scores were: