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.

Type
Public
HQ
Farmington, US
Founded
1934
Size (employees)
205,000 (est)+2%
Website
utc.com
United Technologies was founded in 1934 and is headquartered in Farmington, US
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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
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United Technologies Office Locations

United Technologies has offices in Munich, Charlotte, Orlando, Cleveland and in 115 other locations
Farmington, US (HQ)
10 Farm Springs Rd.
Berkeley, US
2855 Telegraph Avenue, Suite 410
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
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United Technologies Financials and Metrics

United Technologies Financials

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 (FY, 2017)

59.8 b

Revenue growth (FY, 2016 - FY, 2017), %

4.5%

Gross profit (FY, 2017)

15.9 b

Gross profit margin (FY, 2017), %

26.5%

Net income (FY, 2017)

4.9 b

EBIT (FY, 2017)

8.7 b

Market capitalization (20-Apr-2018)

98.4 b

Cash (31-Dec-2017)

9 b

EV

114.7 b
United Technologies's current market capitalization is $98.4 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

65.1 b56.1 b57.2 b59.8 b

Revenue growth, %

4%(14%)2%5%

Cost of goods sold

47.4 b40.4 b41.5 b44 b

Gross profit

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

Revenue

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, %

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

Cash

5.2 b7.1 b7.2 b9 b

Accounts Receivable

11.3 b10.7 b11.5 b12.6 b

Inventories

9.9 b8.1 b8.7 b9.9 b

Current Assets

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

Cash

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

Inventories

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
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

6.6 b4.4 b5.4 b

Depreciation and Amortization

1.9 b1.9 b2 b2.1 b

Inventories

(1.1 b)766 m719 m1.1 b

Accounts Payable

(40 m)490 m450 m1.6 b
Quarterly
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

Inventories

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

Accounts Payable

537 m419 m(88 m)(130 m)572 m774 m468 m1.4 b1.9 b
USDY, 2017

EV/EBIT

13.2 x

EV/CFO

20.4 x

EV/FCF

31.7 x

Revenue/Employee

295.1 k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
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United Technologies Operating Metrics

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

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

Large Commercial Engine Shipments (Pratt & Whitney)

166 148 96 148 558 148 149 113 128 538 139 139 129
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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
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