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48. United Technologies
United Technologies
Get Quote: UTX
Financials: Latest Results
Rank: 48 (Previous rank: 44)
CEO: Louis R. Chênevert
Was this company a 2011 top stock?

For United Technologies, change is the name of the game. The diversified manufacturer -- which owns air conditioning and heating company Carrier, the Otis elevator company, and Sikorsky, a builder of commercial and military helicopters -- is set to spend $450 million on restructuring costs, ingest a massive company, and sell off a few others this year. Last September, United announced that it would purchase aircraft components manufacturer Goodrich for $16.5 billion, the company's largest acquisition. The Goodrich deal prompted EU regulators to launch an inquiry into whether it would constitute an antitrust violation. The company plans to sell off $3 billion in assets to support the purchase.

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Key financials $ millions % change
from 2010
Revenues 58,190.0 7.1
Profits 4,979.0 13.9
Assets 61,452.0 —
Stockholders' equity 21,880.0 —
Market value (3/29/2012) 74,817.6 —
Profits as % of  
Revenues 8.6
Assets 8.1
Stockholders' equity 22.8
Earnings per share  
2011 $ 5.49
% change from 2010 15.8
2001-2011 annual growth rate % 11.1
Total return to investors %
2011 -4.9
2001-2011 annual rate 10.6
Rank Company 500
rank		 Revenues
($ millions)
1 Boeing 39 68,735.0
2 United Technologies 48 58,190.0
3 Lockheed Martin 58 46,692.0
4 Honeywell International 77 37,059.0
5 General Dynamics 92 32,677.0
6 Northrop Grumman 104 28,058.0
7 Raytheon 117 24,857.0
8 L-3 Communications 174 15,169.0
9 Textron 236 11,275.0
10 Goodrich 319 8,074.9
11 Precision Castparts 387 6,267.2
12 Exelis 422 5,839.0
13 Alliant Techsystems 491 4,842.3
14 Rockwell Collins 496 4,825.0
Issue date: May 21, 2012
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Headquarters
MAPS
United Technologies
1 Financial Plaza
Hartford, CT 06103
860-728-7000
www.utc.com
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Fortune 500+
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Texas 52
New York 50
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Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
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FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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