Company profile

Ticker
UTX
Exchange
CEO
Gregory J. Hayes
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
60570975

UTX stock data

(
)

Calendar

26 Jul 19
24 Aug 19
31 Dec 19

News

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

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Risks
  • 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 ?
Positive
Negative
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Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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Removed: American, EU, Fan, outflow, Turbo, venture