United Technologies

United Technologies is a company providing high technology systems and services to the building and aerospace industries. Its Otis segment designs and manufactures escalators, moving walkways, and passenger and freight elevators. The Company's Carrier segment offers residential, commercial, and industrial HVAC and refrigeration systems and equipment; food service equipment; building automation and controls; and HVAC and refrigeration components, as well as provides retrofit and aftermarket services. Its UTC Fire & Security segment provides fire and special hazard detection and suppression systems, fire fighting equipment, electronic security, monitoring, and rapid response systems and service, as well as offers security personnel services. The Company's Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet, and general aviation markets; industrial gas turbines; space propulsion systems; and spare parts, as well as provides fleet management services, and maintenance, repair, and overhaul services. United Technologies' Hamilton Sundstrand segment offers aerospace products, including power generation, management and distribution systems, flight systems, engine control systems, environmental control systems, fire protection and detection systems, auxiliary power units, propeller systems, and industrial products, such as air compressors, metering pumps, and fluid handling equipment.

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

Key People/Management at United Technologies

Gregory Hayes

Gregory Hayes

President & CEO
Akhil Johri

Akhil Johri

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
Vince Campisi

Vince Campisi

Senior Vice President, Digital and Chief Information Officer
Timothy McBride

Timothy McBride

Senior Vice President, Government Relations
Elizabeth Amato

Elizabeth Amato

SVP, HR and Organization

United Technologies Office Locations

United Technologies has offices in Farmington, East Hartford, Berkeley, Charlotte and in 115 other locations
Farmington, US (HQ)
10 Farm Springs Rd.
Charlotte, US
Four Coliseum Centre, 2730 West Tyvola Road
East Hartford, US
411 Silver Lane
East Hartford, US
400 Main Street
Farmington, US
One Carrier Place
Jupiter, US
17900 Bee Line Hwy
Show all (124)

United Technologies Financials and Metrics

United Technologies Financials

United Technologies's revenue was reported to be $57.2 b in FY, 2016

Revenue (Q3, 2017)

15.1 b

Gross profit (Q3, 2017)

7.3 b

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

1.4 b

EBIT (Q3, 2017)

2.2 b

Market capitalization (08-Dec-2017)

96.8 b

Cash (30-Sep-2017)

8.5 b


115.5 b
United Technologies's current market capitalization is $96.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


62.6 b65.1 b56.1 b57.2 b

Revenue growth, %


Cost of goods sold

45.3 b47.4 b40.4 b41.5 b

Gross profit

17.3 b17.7 b15.7 b15.8 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


13.3 b14.7 b13.8 b13.4 b14.9 b14.4 b13.8 b15.3 b15.1 b

Cost of goods sold

9.5 b10.5 b9.8 b9.7 b10.7 b10.3 b10.1 b11.1 b7.8 b

Gross profit

3.8 b4.2 b4 b3.7 b4.1 b4 b3.7 b4.2 b7.3 b

Gross profit Margin, %

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


10.3 b9.9 b8.1 b8.7 b

Current Assets

29.4 b29.8 b26.7 b28.6 b
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


5.3 b5.9 b5.5 b7.2 b6.8 b7.1 b7.2 b9.3 b8.5 b

Accounts Receivable

11.5 b11.5 b10.6 b10.9 b11.5 b11.5 b11.8 b12.6 b13.1 b


10.3 b10.3 b8.5 b8.5 b8.7 b9.1 b9.4 b9.9 b10.1 b

Current Assets

30 b30.7 b32.3 b27.5 b28 b28.5 b29.3 b32.8 b33 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

6.1 b6.6 b4.4 b5.4 b

Depreciation and Amortization

1.8 b1.9 b1.9 b2 b

Accounts Receivable

(531 m)7 m438 m941 m


(1.1 b)(1.1 b)766 m719 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

1.4 b3 b4.5 b1.3 b2.8 b4.3 b1.5 b3 b4.4 b

Depreciation and Amortization

458 m915 m1.4 b466 m960 m1.5 b512 m1 b1.6 b

Accounts Receivable

357 m418 m430 m110 m679 m636 m268 m951 m1.1 b


458 m573 m1.1 b319 m507 m864 m654 m1.1 b1.2 b
USDY, 2017


53.4 x


37.2 x


60.9 x


74.6 k


0.9 x


0.3 x

Financial Leverage

3 x
Show all financial metrics

United Technologies Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Oct, 2017



Manufacturing Facilities


Military Engine Shipments (Pratt & Whitney)


Large Commercial Engine Shipments (Pratt & Whitney)

Show all operating metrics

United Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Zardoya Otis
Allyn Holdings
AMI Industries
Arabian Air Conditioning Company
Augusta (Gibraltar) Holdings I Limited
Augusta (Gibraltar) Holdings II S.C.S.
Automated Logic Corporation
Auxiliary Power International Corporation
Beesail Limited
Belgium Parkview BVBA
Berkeley Luxembourg S.à r.l.
Blades Technology International
Blades Technology Ltd.
Bridgecam (Ireland) Limited
Cambridge Luxembourg S.à r.l.
Caricor Ltd.
Carrier Asia Limited
Carrier Commercial Refrigeration
Carrier Corporation
Carrier Enterprise
Carrier HVACR Investments B.V.
Carrier Mexico S.A. de C.V.
Carrier Technologies ULC
Ceesail Limited
Chubb Fire & Security Limited
Chubb Fire & Security Pty Ltd
Chubb Fire Limited
Chubb Group Limited
Chubb Group Security Limited
Chubb International (Netherlands) BV
Chubb International Holdings Limited
Chubb Limited
Chubb Nederland B.V.
Chubb Systems Limited
Commonwealth Luxembourg Holdings S.à r.l.
CTU Of Delaware
Delavan Inc.
Detector Electronics Corporation
Devonshire Switzerland Holdings AG
Elevadores Otis Ltda.
Empresas Carrier
Fyrnetics (Hong Kong) Limited
Goodrich Aerospace Canada Ltd
Goodrich Aftermarket Services Limited
Goodrich Control Systems
Goodrich Corporation
Goodrich Inertial Limited
Goodrich Limited
Goodrich Systems Limited
Goodrich XCH Luxembourg B.V./S.a.r.l.
Gulf Security Technology Company Limited
Hamilton Sundstrand Aviation Services
Hamilton Sundstrand Corporation
Hamilton Sundstrand Holdings
Hamilton Sundstrand International Holdings (Luxembourg) S.à r.l.
HEJ Holding
IAE International Aero Engines AG
JMS I Corporation
Kidde Fire Protection Inc.
Kidde Graviner Limited
Kidde Holdings Limited
Otis Investments Limited England
Pratt & Whitney Rzeszow S.A.
Sirius (Korea) Limited
United Technologies Corporation [DE]
Kidde Products Limited
Kidde Technologies Inc.
Otis Electric Elevator Company Limited
Otis Elevator (China) Investment Company Limited
Otis Elevator Company
Otis Elevator Korea
Pratt & Whitney Aero Engines International GmbH
Pratt & Whitney Canada Holdings Corp.
Trumbull Holdings SCS
Kidde UK
Nippon Otis Elevator Company
Otis S.C.S.
Parkview Treasury Services (UK) Limited
Pratt & Whitney Canada Leasing
Pratt & Whitney Component Solutions
Rosemount Aerospace Inc.
Kidde International Limited
Otis Far East Holdings Limited
Pratt & Whitney Canada Corp.
Menasco Aerosystems Inc.
Otis Elevator Company (India) Limited
Otis Pacific Holdings B.V.
Pratt & Whitney Holdings LLC
Riello S.P.A., Italy
Trenton Luxembourg S.à r.l.
United Technologies Canada
Kidde US Holdings Inc.
Latin American Holding
Otis International Holdings GmbH
Silver Lake Holdings S.à r.l.
Simmonds Precision Products
Netherlands Parkview Coöperatief U.A.
Otis Holdings GmbH & Co. OHG
Otis Limited
Sensitech Inc.
United Technologies Australia Holdings Limited
Otis Elevator (China) Company Limited
Pratt & Whitney Compressor Airfoil Holdings
Pratt & Whitney Engine Leasing
Pratt Aero Limited Partnership
Riello Group S.P.A
United Technologies Electronic Controls
United Technologies Far East Limited
United Technologies Finance (U.K.) Limited
United Technologies France SAS
United Technologies Holding GmbH
United Technologies Holdings Italy Srl
United Technologies Holdings Limited
United Technologies Holdings SAS
United Technologies Intercompany Lending Ireland Designated Activity Company
United Technologies International Corporation
United Technologies International Corporation-Asia Private Limited
United Technologies International SAS
United Technologies Luxembourg S.à r.l.
United Technologies Paris SNC
United Technologies South Asia Pacific Pte. Ltd
UT Finance Corporation
UT Luxembourg Holding II S.à r.l.
UT Park View
UTC Australia Commercial Holdings Pty Ltd
UTC Canada Corporation
UTC Corporation
UTC Fire & Security Americas Corporation
UTC Fire & Security Canada Inc.
UTC Fire & Security Corporation
UTC Fire & Security Luxembourg S.a r.l.
UTC Investments Australia Pty Limited
UTCL Holdings
UTCL Investments B.V.
UTX Holdings S.C.S.
Walter Kidde Portable Equipment Inc.
Rockwell CollinsSeptember 04, 2017$30 b

United Technologies Market Value History

United Technologies Revenue Breakdown

United Technologies Median Salaries

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

United Technologies's Web-traffic and Trends

United Technologies Online and Social Media Presence

United Technologies Company Life and Culture

You may also be interested in