American International Group Inc vs Otis Worldwide Corp — how do they compare? American International Group Inc trades at $77.4 (market cap $40.58B), while Otis Worldwide Corp trades at $73 (market cap $27.74B). The key difference: American International Group Inc is the larger of the two by market cap, and American International Group Inc pays the higher dividend (2.58%). Which is the better fit depends on your goals.
| AIG | OTIS | |
|---|---|---|
Market Cap | $40.58B | $27.74B |
Sector | Financials | Industrials |
52-Week High | $86.59 | $93.62 |
52-Week Low | $71.89 | $69.34 |
Enterprise Value | $48.22B | $35.77B |
Dividend Yield | 2.58% | 2.42% |
Trailing returns across standard periods
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. Its revenue is split roughly evenly between commercial and consumer lines.
Read more on AIG →Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →