Genuine Parts Company vs Otis Worldwide Corp — how do they compare? Genuine Parts Company trades at $135.22 (market cap $18.62B), while Otis Worldwide Corp trades at $73.25 (market cap $27.80B). The key difference: Otis Worldwide Corp is the larger of the two by market cap, and Genuine Parts Company pays the higher dividend (3.15%). Which is the better fit depends on your goals.
| GPC | OTIS | |
|---|---|---|
Market Cap | $18.62B | $27.80B |
Sector | Consumer Cyclical | Industrials |
52-Week High | $149.26 | $93.62 |
52-Week Low | $92.47 | $69.34 |
Enterprise Value | $24.72B | $35.84B |
Dividend Yield | 3.15% | 2.41% |
Trailing returns across standard periods
Latest headlines on both assets
Genuine Parts sells automotive parts (about two thirds of net sales) and industrial components. The company sells vehicle parts to commercial and retail customers through roughly 9,700 stores worldwide, most of which are independently owned. Its industrial unit, primarily operating under the Motion Industries banner in the United States, supplies bearings, power transmission, industrial automation, hydraulic, and pneumatic components to maintenance, repair, and OEM clients.
Read more on GPC →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 →