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; 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, and spare parts, as well as provides fleet management services, and maintenance, repair, and overhaul services. United Technologies' Hamilton Sundstrand segment offers aerospace products.

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

Chairman & Chief Executive Officer
Charles Gill

Charles Gill

Executive Vice President and General Counsel
David Gitlin

David Gitlin

President, UTC Aerospace Systems
Akhil Johri

Akhil Johri

Executive Vice President and Chief Financial Officer
Vince Campisi

Vince Campisi

Senior Vice President, Digital and Chief Information Officer
Timothy McBride

Timothy McBride

Senior Vice President, Government Relations
Michael Dumais

Michael Dumais

Executive Vice President, Operations & Strategy
Paul Eremenko

Paul Eremenko

Senior Vice President and Chief Technology Officer
Robert Leduc

Robert Leduc

President, Pratt & Whitney
Judith Marks

Judith Marks

President, Otis
Robert McDonough

Robert McDonough

President, UTC Climate, Controls & Security
J. McQuade

J. McQuade

Senior Vice President, Science and Technology
Elizabeth Amato

Elizabeth Amato

Executive Vice President and Chief Human Resources Officer
Kelli Parsons

Kelli Parsons

Senior Vice President and Chief Communications Officer

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 (125)

United Technologies Financials and Metrics

United Technologies Financials

United Technologies's revenue was reported to be $59.8 b in FY, 2017

Revenue (FY, 2017)

59.8 b

Gross profit (FY, 2017)

28.8 b

Gross profit margin (FY, 2017), %


Market capitalization (16-Feb-2018)

103.3 b

Cash (31-Dec-2017)

9 b


119.7 b
United Technologies's current market capitalization is $103.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


62.6 b65.1 b56.1 b57.2 b59.8 b

Revenue growth, %


Cost of goods sold

45.3 b47.4 b40.4 b41.5 b31 b

Gross profit

17.3 b17.7 b15.7 b15.8 b28.8 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, 2016FY, 2017


4.6 b5.2 b7.1 b7.2 b9 b

Accounts Receivable

11.5 b11.3 b10.7 b11.5 b12.6 b


10.3 b9.9 b8.1 b8.7 b

Current Assets

29.4 b29.8 b26.7 b28.6 b32.9 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, 2016FY, 2017

    Net Income

    6.1 b6.6 b4.4 b5.4 b

    Depreciation and Amortization

    1.8 b1.9 b1.9 b2 b2.1 b

    Accounts Receivable

    (531 m)7 m438 m941 m448 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


      296.2 k

      Financial Leverage

      3.1 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
      SICLI Holding SAS
      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 (US) LLC
      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

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