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United Technologies

Rick Koehler
  • Previous Rank51
  • Revenues ($M)$66,501.0
  • Revenue Percent Change11.1%
  • Profits ($M)$5,269.0
  • Profits Percent Change15.8%
  • Assets ($M)$134,211.0
  • Employees240,200

United Technologies spent much of 2018 changing the complexion of the company. The industrial giant is working to divest its Otis and Carrier divisions, among others, by mid 2020 as it doubles down on its aerospace business, courtesy of its $30 billion acquisition of Rockwell Collins. The Farmington, Conn. company totaled annual revenue of $66.5 billion, up 11% compared to 2017. Though the grounding of Boeing’s 737 Max program hurt recent profits, the confidence of United Technologies leaders remains high, and early signs suggest there’s plenty more money to be saved from all of its M&A activity.

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Company Info

Gregory J. Hayes
CEO Title
Chairman, President & Chief Executive Officer
Aerospace & Defense
Aerospace and Defense
HQ Location
Farmington, Conn.
Years on Fortune 500 List65
Acquired Rockwell Collins (2018 rank: 350), Nov. 26, 2018.

United Technologies Rank History

Key Financials (Last Fiscal Year)

$ millions% change
Revenues ($M)$66,501.011.1%
Profits ($M)$5,269.015.8%
Assets ($M)$134,211.0-
Total Stockholder Equity ($M)$38,446.0-

Profit Ratios

Profit as % of Revenues7.9%
Profits as % of Assets3.9%
Profits as % of Stockholder Equity13.7%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)6.5
EPS % Change (from 2017)14.0%
EPS % Change (5 year annual rate)0.8%
EPS % Change (10 year annual rate)2.9%

Total Return

Total Return to Investors (2018)-14.7%
Total Return to Investors (5 year, annualized)1.0%
Total Return to Investors (10 year, annualized)9.7%