United Technologies

United Technologies Corporation (UTC) provides high technology systems and services to the building and aerospace industries.
Our businesses include Pratt & Whitney aircraft engines, UTC Aerospace Systems, Otis elevators and escalators, and UTC Climate, Controls & Security, featuring Carrier heating, air-conditioning and fire and security solutions from brands such as Kidde and Chubb.

Company Growth (employees)
Farmington, US
Size (employees)
202,000 (est)
United Technologies was founded in 1934 and is headquartered in Farmington, US

Key People at United Technologies

Gregory Hayes

Gregory Hayes

President & CEO
Akhil Johri

Akhil Johri

Philippe Delpech

Philippe Delpech

COO, Intercontinental Operations
Michael Dumais

Michael Dumais

SVP, Strategic Planning
Charles Gill

Charles Gill

SVP & General Counsel
David Gitlin

David Gitlin

President, UTC Aerospace Systems
David Hess

David Hess

SVP, Aerospace Business Development
Robert Leduc

Robert Leduc

President, Sikorsky Aircraft
Elizabeth Amato

Elizabeth Amato

SVP, HR and Organization

United Technologies Office Locations

United Technologies has offices in Farmington, East Hartford, Berkeley, Charlotte and in 114 other locations
Farmington, US (HQ)
10 Farm Springs Rd.
Jupiter, US
17900 Bee Line Hwy
Charlotte, US
Four Coliseum Centre, 2730 West Tyvola Road
East Hartford, US
400 Main Street
Farmington, US
One Carrier Place
Berkeley, US
2855 Telegraph Avenue, Suite 410
Show all (121)

United Technologies Data and Metrics

United Technologies Financial Metrics

United Technologies's revenue was reported to be $57.2 b in FY, 2016 which is a 2% increase from the previous period.

Revenue (FY, 2016)

57.2 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

26.9 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

5.4 b

EBIT (FY, 2016)

1 m

Market capitalization (17-Aug-2017)

91.6 b

Cash (31-Dec-2016)

7.2 b


108.3 b
United Technologies's current market capitalization is $91.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


62.6 b65.1 b56.1 b57.2 b

Revenue growth, %


Cost of goods sold

30.1 b30.4 b29.8 b30.3 b

Gross profit

32.6 b34.7 b26.3 b26.9 b

Gross profit Margin, %


Operating expense total

43.3 b45.2 b48.6 b49.9 b


9.2 b9.8 b252 m1 m

EBIT margin, %


Interest expense

895 m881 m824 m1 b

Pre tax profit

7.7 b8.7 b6.5 b7.1 b

Income tax expense

2 b2.2 b2.1 b1.7 b

Net Income

6.1 b6.6 b4.4 b5.4 b
USDFY, 2013FY, 2014FY, 2015FY, 2016


4.6 b5.2 b7.1 b7.2 b

Accounts Receivable

11.5 b11.3 b10.7 b11.5 b

Current Assets

29.4 b29.8 b26.7 b28.6 b


28.2 b27.8 b27.3 b27.1 b

Total Assets

90.6 b91.3 b87.5 b89.7 b

Accounts Payable

7 b7 b6.9 b7.5 b

Total Debt

20.2 b19.8 b20.4 b23.9 b

Current Liabilities

22.8 b22.9 b22.6 b21.9 b

Retained Earnings

40.5 b44.6 b50 b52.9 b

Total Equity

33.2 b32.6 b28.8 b29.2 b

Debt to Equity Ratio

0.6 x0.6 x0.7 x0.8 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.3 x

Financial Leverage

2.7 x2.8 x3 x3.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

6.1 b6.6 b4.4 b5.4 b

Accounts Receivable

(531 m)7 m438 m941 m

Cash From Operating Activities

7.5 b7.3 b6.8 b6.4 b

Capital Expenditures

(1.7 b)(1.7 b)(1.7 b)(1.7 b)

Cash From Investing Activities

(1.5 b)(2.3 b)(2.8 b)(2.5 b)

Long-term Borrowings

2.9 b305 m1.8 b2.5 b

Cash From Financing Activities

(5.9 b)(4.3 b)(10.8 b)(1.2 b)

Interest Paid

1 b1.1 b1.1 b1.2 b

Income Taxes Paid

2.8 b2 b2.1 b4.1 b

Free Cash Flow

9.2 b9 b8.4 b8.1 b
USDY, 2016


108.3 k x


16.9 x


13.4 x


288.3 k


0.8 x


0.3 x

Financial Leverage

3.1 x

United Technologies Market Value History

United Technologies Median Salaries

Source: 50 public H-1B filings from United Technologies

Traffic Overview of United Technologies

United Technologies Online and Social Media Presence

United Technologies Company Life and Culture

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