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Global 500

Steven Kaeter/United Technologies Corporation

159

United Technologies

UTX

U.S.

The industrial conglomerate—which owns jet-engine maker Pratt & Whitney, Otis elevators, and Carrier air conditioners, among others—dropped four slots on this year’s Global 500 as it takes a hard look at its sprawling collection of businesses in the wake of its $30 billion acquisition of aerospace systems provider Rockwell Collins in late 2017. The company sees plenty of opportunity in each one of its segments, but over the long term, and its prospects for growth come measured in years, not quarters.

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CEO

Gregory J. Hayes

Sector

Aerospace & Defense

Industry

Aerospace & Defense

HQ Location

Farmington, Conn.

Years on Global 500 List

24

Employees

204,700

Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$59,8374.5%
Profits ($M)$4,552.0-10.0%
Assets ($M)$96,920
Total Stockholder Equity ($M)$29,610
Profit Ratios
Profit as % of Revenues7.6%
Profits as % of Assets4.7%
Profits as % of Stockholder Equity15.4%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about United Technologies

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This $42 Billion Fund Manager Says the Selloff Hit the Wrong Stocks

The MSCI World Utilities Index has fallen 10% since the end of November.

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Northrop Grumman Buying Missile Maker Orbital ATK in $7.8 Billion Deal

Giving it access to lucrative contracts with NASA and the U.S. Army.

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Boeing Raises Concerns About $23 Billion United Tech-Rockwell Deal

"We intend to take a hard look at the proposed combination."

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