Carnival Corporation has earned a spot on Fortune’s 2025 World’s Most Admired Companies list.

Of the 1,500 companies that were originally considered for the annual list, Carnival is the first cruise-specific company to receive the recognition.

Presented by Fortune and Korn Ferry, the annual list ranks companies based on corporate reputation across over 50 industries. The selection process involved surveying senior executives, directors and analysts, and evaluating companies on factors such as management quality, investment value, product quality, social responsibility and talent attraction.

“It’s a great privilege to be included on Fortune’s annual list, as it demonstrates that major industry and global leaders recognize Carnival Corporation as a top-tier organization in every way, from our financial performance to our quality products and services to our responsible business practices,” said Josh Weinstein, CEO of Carnival Corporation.

“Of course, at the heart of our success are the 160,000 team members who come together every day to deliver unforgettable happiness to millions of guests by providing extraordinary cruise vacations, while honoring the integrity of every ocean we sail, place we visit and life we touch. We could not achieve this recognition without their tireless commitment and incredible contributions.”

The recognition follows the company’s inclusion in The Wall Street Journal’s Management Top 250 as one of the Best-Managed Companies of 2024, with the highest year-over-year improvement on the list.