Company profile

Gregory J. Hayes
Incorporated in
Fiscal year end
IRS number

UTX stock data



26 Jul 19
21 Oct 19
31 Dec 19


Company financial data Financial data

Quarter (USD) Jun 19 Mar 19 Dec 18 Sep 18
Revenue 19.63B 18.37B 18.04B 16.51B
Net income 1.9B 1.35B 686M 1.24B
Diluted EPS 2.2 1.56 0.83 1.54
Net profit margin 9.68% 7.33% 3.80% 7.50%
Operating income 2.58B 2.05B 1.91B 1.84B
Net change in cash 579M 88M -7.65B 2.73B
Cash on hand 6.82B 6.24B 6.15B 13.8B
Cost of revenue
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 66.5B 59.84B 57.24B 56.1B
Net income 5.27B 4.55B 5.06B 7.61B
Diluted EPS 6.5 5.7 6.12 8.61
Net profit margin 7.92% 7.61% 8.83% 13.56%
Operating income 8.55B 8.14B 8.22B 7.29B
Net change in cash -2.83B 1.83B 82M 1.85B
Cash on hand 6.15B 8.99B 7.16B 7.08B
Cost of revenue 12.93B 11.14B 10.66B

Financial data from company earnings reports

Financial report summary

  • We may not complete the combination with Raytheon or complete the combination within the time frame we anticipate; the combined business may underperform relative to our expectations; the combination may cause our financial results to differ from our expectations or the expectations of the investment community; we may not be able to achieve anticipated cost savings or other anticipated benefits.
Management Discussion
  • We are a global provider of high technology products and services to the building systems and aerospace industries. Our operations for the periods presented herein are classified into four principal business segments: Otis, Carrier, Pratt & Whitney, and Collins Aerospace Systems. Otis and Carrier are referred to as the "commercial businesses," while Pratt & Whitney and Collins Aerospace Systems are referred to as the "aerospace businesses."
  • The current status of significant factors affecting our business environment in 2019 is discussed below. For additional discussion, refer to the "Business Overview" section in Management's Discussion and Analysis of Financial Condition and Results of Operations in our 2018 Annual Report, which is incorporated by reference in our 2018 Form 10-K.
  • Our worldwide operations can be affected by industrial, economic and political factors on both a regional and global level. Our operations include original equipment manufacturing (OEM) and extensive related aftermarket parts and services in both our commercial and aerospace businesses. Our business mix also reflects the combination of shorter cycles at Carrier and in our commercial aerospace spares businesses, and longer cycles at Otis and in our aerospace OEM and aftermarket maintenance businesses. Our customers are in the public and private sectors, and our businesses reflect an extensive geographic diversification that has evolved with continued globalization.
Content analysis ?
H.S. sophomore Avg
New words: African, automatically, Beechcraft, Boeing, broader, budgetary, conclusion, cooperation, Corrupt, disabled, download, Ethiopian, evidentiary, failure, faulty, Fighter, fully, impermissible, inability, Iran, King, larger, largest, Lion, mapping, MAX, methodology, Ministry, missile, morale, MPT, navigation, prevent, prevention, ran, Raytheon, reciprocal, reopen, sequestration, shutdown, sought, statute, Strike, subscription, successfully, timeframe, timeline, Turkey, Turkish, unanticipated, undefinitized, underperform, unforeseen, Urban
Removed: American, EU, Fan, outflow, Turbo, venture


Airfoils, Cores, and Methods of Manufacture for Forming Airfoils Having Fluidly Connected Platform Cooling Circuits
17 Oct 19
Methods for manufacturing airfoils of gas turbine engines are provided.
Variable Vane Stabilizer
17 Oct 19
A variable vane stabilizer is disclosed.
Double Wall Airfoil Cooling Configuration for Gas Turbine Engine
17 Oct 19
An airfoil includes pressure and suction side walls that extend in a chord-wise direction between leading and trailing edges.
Blade Outer Air Seal Cooling Fin
17 Oct 19
A blade outer air seal (BOAS) for a gas turbine engine according to one disclosed non-limiting embodiment of the present disclosure includes a seal body having a radially inner face and a radially outer face that axially extend between a leading edge portion and a trailing edge portion; and a multitude of cooling fins disposed around the radially outer face of the seal body, at least one of the multitude of cooling fins having at least one aperture.
Cupped Contour for Gas Turbine Engine Blade Assembly
17 Oct 19
A gas turbine engine assembly according to an example of the present disclosure includes, among other things, an endwall having a first material composition, an airfoil extending in a radial direction from the endwall, and a cupped contour of a second material composition that is formed on the endwall to define a cooling chamber, the first material composition different than the second material composition.