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 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 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 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 (Q2, 2018)

16.7 b

Gross profit (Q2, 2018)

4.3 b

Gross profit margin (Q2, 2018), %

25.6%

Net income (Q2, 2018)

2.1 b

EBIT (Q2, 2018)

2.9 b

Market capitalization (16-Aug-2018)

106.7 b

Closing stock price (16-Aug-2018)

133.3

Cash (30-Jun-2018)

11.1 b

EV

123.9 b
United Technologies's current market capitalization is $106.7 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, 2017Q1, 2018Q2, 2018

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

29%29%29%28%28%28%27%27%49%26%26%
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, 2017Q1, 2018Q2, 2018

Cash

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

Accounts Receivable

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

Inventories

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

Current Assets

30 b30.7 b32.3 b27.5 b28 b28.5 b29.3 b32.8 b33 b32.7 b36.6 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, 2017Q1, 2018Q2, 2018

Net Income

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

Depreciation and Amortization

458 m915 m1.4 b466 m960 m1.5 b512 m1 b1.6 b581 m1.2 b

Inventories

458 m573 m1.1 b319 m507 m864 m654 m1.1 b1.2 b631 m962 m

Accounts Payable

537 m419 m(88 m)(130 m)572 m774 m468 m1.4 b1.9 b576 m2 b
USDY, 2018

EV/EBIT

43.1 x

EV/CFO

48.5 x

EV/FCF

67.1 x

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

3 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 Collins September 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

Aircraft Engine Fuel Systems Market to See Strong Growth including key players Eaton Corporation Plc, Woodward, Inc., United Technologies Corporation

HTF MI recently launched the Global Aircraft Engine Fuel Systems study with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. Posted via Industry Today. Follow us on Twitter @IndustryToday

United Technologies Prices Offering Of Senior Notes

FARMINGTON, Conn., Aug. 13, 2018 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) announced that it has successfully priced an offering of $1.0 billion aggregate principal amount of 3.350% senior notes due 2021 (the "notes due 2021"), $2.25 billion aggregate principal amount of...
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United Technologies Company Life and Culture

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