United Technologies Corporation (NYSE:UTX) was incorporated in 1934 and specializes in technology products and services to building systems and aerospace industries around the globe. Based in Hartford, Connecticut, the company has six main business segments which include Otis segment, Carrier segment, UTC Fire and Security segment, Pratt and Whitney segment, Hamilton Sundstrand segment and Sikorsky segment. The company sells its industrial products under the brand names of Sullair, Sundyne and Milton Roy.
United Technologies Corporation (NYSE:UTX) is ranked 4th among 192 conglomerates companies by dividend yield by 2.60 percent. The company is ranked 11th among its industry peers by long term growth rate. The company maintains the long term growth rate of 11.74 percent as compared to highest long term growth rate of 72.49 percent in its industry.
United Technologies Corporation (NYSE:UTX) generated the total revenue of $14.80 billion for the quarter ended September 30th, 2011 as compared to revenue of $13.62 billion for the same period last year. The company reported the net profit of $1.32 billion or earnings of $1.47 per share for the respective quarter as compared to net income of $1.19 billion or earnings $1.30 per share last year.
The company’s total assets accumulate up to $61.94 billion out of which fixed assets have the highest proportion. The company maintains a strong short term liquidity position as per its current ratio of 1.3 times.Previous Post » Verizon Communications Inc (NYSE:VZ) Leads its Telecom Services Industry by EPS Growth Rate