United Technologies provides technology products and services to building systems and aerospace industries worldwide. The Company operates through four segments: the Otis segment designs, manufactures, sells and installs passenger and freight elevators for low-, medium- and high-speed applications, as well as a line of escalators and moving walkways; the UTC Climate, Controls & Security segment is engaged in providing heating, ventilating, air conditioning and refrigeration solutions; the Pratt & Whitney segment supplies aircraft engines for the commercial, military, business jet and general aviation markets; and the UTC Aerospace Systems segment is engaged in providing aerospace products and aftermarket service solutions for aircraft manufacturers, airlines, regional, business and general aviation markets, military, space and undersea operations.

Employee Rating

3.3More
TypePublic
HQFarmington, US
Founded1934
Size (employees)204,700 (est)
Websiteutc.com
United Technologies was founded in 1934 and is headquartered in Farmington, US
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Key People/Management at United Technologies

Gregory J. Hayes

Gregory J. Hayes

Chairman & Chief Executive Officer
Elizabeth B. Amato

Elizabeth B. Amato

Executive Vice President & Chief Human Resources Officer
Vince Campisi

Vince Campisi

Senior Vice President & Chief Digital Officer
Michael R. Dumais

Michael R. Dumais

Executive Vice President, Operations & Strategy
Paul Eremenko

Paul Eremenko

Senior Vice President & Chief Technology Officer
Charles D. Gill

Charles D. Gill

Executive Vice President & General Counsel
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United Technologies Office Locations

United Technologies has offices in Farmington, Wolverhampton, Istanbul, Guanyin District and in 21 other locations
Farmington, (HQ)
10 Farm Springs Rd.
Berkeley,
2855 Telegraph Avenue, Suite 410
Brooklyn,
55 Water Street
Burnsville,
14300 Judicial Road
Charlotte,
Four Coliseum Centre, 2730 West Tyvola Road
Columbus,
8801 Macon Rd
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United Technologies Financials and Metrics

United Technologies Revenue

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United Technologies's revenue was reported to be $59.84 b in FY, 2017 which is a 4.5% increase from the previous period.
USD

Revenue (Q3, 2018)

16.5b

Gross profit (Q3, 2018)

4.0b

Gross profit margin (Q3, 2018), %

24.1%

Net income (Q3, 2018)

1.2b

EBIT (Q3, 2018)

1.8b

Market capitalization (12-Dec-2018)

103.3b

Closing stock price (12-Dec-2018)

119.7

Cash (30-Sep-2018)

13.8b

EV

129.5b
United Technologies's current market capitalization is $103.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

65.1b56.1b57.2b59.8b

Revenue growth, %

4%(14%)2%5%

Cost of goods sold

47.4b40.4b41.5b44.0b

Gross profit

17.7b15.7b15.8b15.9b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

13.3b14.7b13.8b13.4b14.9b14.4b13.8b15.3b15.1b15.2b16.7b16.5b

Cost of goods sold

9.5b10.5b9.8b9.7b10.7b10.3b10.1b11.1b7.8b11.3b12.4b12.5b

Gross profit

3.8b4.2b4.0b3.7b4.1b4.0b3.7b4.2b7.3b4.0b4.3b4.0b

Gross profit Margin, %

29%29%29%28%28%28%27%27%49%26%26%24%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

5.2b7.1b7.2b9.0b

Accounts Receivable

11.3b10.7b11.5b12.6b

Inventories

9.9b8.1b8.7b9.9b

Current Assets

29.8b26.7b28.6b32.9b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

5.3b5.9b5.5b7.2b6.8b7.1b7.2b9.3b8.5b7.7b11.1b13.8b

Accounts Receivable

11.5b11.5b10.6b10.9b11.5b11.5b11.8b12.6b13.1b11.7b12.0b12.6b

Inventories

10.3b10.3b8.5b8.5b8.7b9.1b9.4b9.9b10.1b8.9b9.0b9.1b

Current Assets

30.0b30.7b32.3b27.5b28.0b28.5b29.3b32.8b33.0b32.7b36.6b40.2b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

6.6b4.4b5.4b4.9b

Depreciation and Amortization

1.9b1.9b2.0b2.1b

Inventories

(1.1b)766.0m719.0m1.1b

Accounts Payable

(40.0m)490.0m450.0m1.6b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

1.4b3.0b4.5b1.3b2.8b4.3b1.5b3.0b4.4b1.4b3.5b4.9b

Depreciation and Amortization

467.0m935.0m1.4b458.0m915.0m1.4b466.0m960.0m1.5b512.0m1.0b1.6b581.0m1.2b1.8b

Inventories

458.0m573.0m1.1b319.0m507.0m864.0m654.0m1.1b1.2b631.0m962.0m991.0m

Accounts Payable

262.0m151.0m(82.0m)537.0m419.0m(88.0m)(130.0m)572.0m774.0m468.0m1.4b1.9b576.0m2.0b3.0b
USDY, 2018

EV/EBIT

70.4 x

EV/CFO

30 x

EV/FCF

40.5 x

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.4 x
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United Technologies Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018

Facilities

583 525 500 500

Manufacturing Facilities

265 236 255

Military Engine Shipments (Pratt & Whitney)

20 30 14 38 101 31 19 30 32 112 23 28 32 41 121 25 43

Large Commercial Engine Shipments (Pratt & Whitney)

166 148 96 148 558 148 149 113 128 538 139 139 129 130 537 124 210
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United Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Rockwell CollinsSeptember 04, 2017$30 b
Allyn Holdings
AMI Industries
Arabian Air Conditioning Company
Augusta (Gibraltar) Holdings II S.C.S.
Augusta (Gibraltar) Holdings I Limited
Automated Logic Corporation
Auxiliary Power International Corporation
Beesail Limited
Belgium Parkview BVBA
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United Technologies Revenue Breakdown

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United Technologies revenue breakdown by business segment: 24.1% from UTC Aerospace Systems, 26.5% from Pratt & Whitney, 29.2% from UTC Climate, Controls & Security and 20.2% from Otis

United Technologies revenue breakdown by geographic segment: 14.7% from Asia Pacific, 19.9% from Europe, 56.7% from United States and 8.8% from Other

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United Technologies Online and Social Media Presence

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United Technologies News and Updates

Elevator Modernization Market by Technology, Industry, Demand, Status, Forecast 2019-2025 and Key players like: United Technologies, KONE Corporation, Schindler Holding, ThyssenKrupp AG, Fujitec, and Hitachi, Electra Elevators, Hyundai Elevatorswdxefcqufszuzezftuxetqsqxt

Elevator Modernization Market to 2025 – Global Analysis and Forecasts by Type (Hydraulic and Traction); Component (Power Units, Cabin Enclosures, Controllers, Signalling Fixtures, Door Equipment and Others); and End User (Industrial, Residential Building, Institutional, Marine, Commercial and Others…

4 Lessons for Startups From the United Technologies Breakup and the End of the Conglomerate Era

The era of mega conglomerates is over. Here's what growing companies can learn about creating top shareholder value.

Aircraft Gearbox 2018 Global Market Key Players - Liebherr, United Technologies, Aero Gearbox, Northstar Aerospace, Safran......

Aircraft Gearbox – Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

United Technologies CEO: This was the 'magic moment' when we decided to break up the company

United Technologies Chairman and CEO Greg Hayes said on Tuesday that the board asked if it should break up the company after it realized that its businesses could survive on their own.

United Technologies stock tumbles to pace Dow, S&P 500 decliners after analyst call

Shares of United Technologies Corp. tumbled 6.3% in morning trade Tuesday, enough to pace Dow Jones Industrial Average's and S&P 500's decliners, with losses accelerating after the conference call to discuss its plan to separate into three companies started. The stock was up as much as 1.7% i…

Trump Tariffs, United Technologies, Uber Fines: CEO Daily for November 27, 2018

Must-read business news, delivered every morning.
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United Technologies Company Life and Culture

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United Technologies Frequently Asked Questions

  • When was United Technologies founded?

    United Technologies was founded in 1934.

  • Who are United Technologies key executives?

    United Technologies's key executives are Gregory J. Hayes, Elizabeth B. Amato and Vince Campisi.

  • How many employees does United Technologies have?

    United Technologies has 204,700 employees.

  • What is United Technologies revenue?

    Latest United Technologies annual revenue is $59.8 b.

  • What is United Technologies revenue per employee?

    Latest United Technologies revenue per employee is $292.3 k.

  • Who are United Technologies competitors?

    Competitors of United Technologies include Lennox International, Lockheed Martin and General Dynamics.

  • Where is United Technologies headquarters?

    United Technologies headquarters is located at 10 Farm Springs Rd., Farmington.

  • Where are United Technologies offices?

    United Technologies has offices in Farmington, Wolverhampton, Istanbul, Guanyin District and in 21 other locations.

  • How many offices does United Technologies have?

    United Technologies has 31 offices.