also on other fortune lists

company facts

f500 stats

Fortune 500

Stefen Chow for Fortune


United Technologies


CEO Gregory Hayes, who took charge when Louis Chenevert abruptly departed in late 2014, shrewdly unloaded helicopter-maker Sikorsky to Lockheed Martin in November 2015 for $9 billion, just before the oil slump pummeled sales for offshore platforms served by commercial choppers. The drop in UTC’s share price early this year triggered a $90 billion takeover bid from Honeywell. Hayes rebuffed Honeywell, and his three-year, $1.5 billion cost-cutting plan has helped revive UTC’s stock. The slowdown in China is curbing revenues at the UTC’s Otis unit. But sales of jet engine parts at Pratt & Whitney, a high-margin business, are thriving. And UTC’s innovative, super-energy-efficient Geared Turbofan engine is taking flight on the new Airbus A320neo. On the political front, UTC is drawing flak from Donald Trump for announcing plans to shutter two HVAC plants in Indiana, and moving production to Mexico.


Gregory J. Hayes


Aerospace & Defense


Aerospace and Defense

HQ Location

Farmington, CT

Years on Fortune 500 List




United Technologies is also featured in these fortune lists
Key Financials (last fiscal year)
$ millions% change
Revenues ($M)$61,047-6.2%
Profits ($M)$7,60822.3%
Assets ($M)$87,484
Total Stockholder Equity ($M)$27,358
Market Value — as of March 31, 2016 ($M)$83,727
Profit Ratios
Profit as % of Revenues12.5%
Profits as % of Assets8.7%
Profits as % of Stockholder Equity27.8%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)8.61
EPS % Change (from 2014)26.2%
EPS % Change (5 year annual rate)12.7%
EPS % Change (10 year annual rate)11.0%
Total Return
Total Return to Investors (2015)-14.4%
Total Return to Investors (5 year, annualized)6.5%
Total Return to Investors (10 year, annualized)8.0%
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
  • High:
  • Low:
  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about United Technologies

My Elevator Pitch for the Healthcare Revolution

What Elisha Otis’s invention can teach us about the new age of medicine.

Read More →
Lockheed CEO Says Talks With Trump Administration Are 'Constructive'

CEO Marillyn Hewson says growth is back after refocusing the company on defense.

Read More →
Why Broken-Off Mergers Can Be Big Wins for Investors

The stocks of 'target' companies are often better-off single.

Read More →
President Trump Is Meeting With Firms That Offshore U.S. Jobs on Thursday

He will seek job-creation advice from at least five companies that are shifting work overseas.

Read More →