LyondellBasell Industries NV vs Otis Worldwide Corp — how do they compare? LyondellBasell Industries NV trades at $61.25 (market cap $19.60B), while Otis Worldwide Corp trades at $72.17 (market cap $28.20B). The key difference: Otis Worldwide Corp is the larger of the two by market cap, and LyondellBasell Industries NV pays the higher dividend (6.78%). Which is the better fit depends on your goals.
| LYB | OTIS | |
|---|---|---|
Market Cap | $19.60B | $28.20B |
Sector | Basic Materials | Industrials |
52-Week High | $82.38 | $100.99 |
52-Week Low | $42.28 | $69.34 |
Enterprise Value | $31.22B | $35.58B |
Dividend Yield | 6.78% | 2.31% |
Trailing returns across standard periods
Latest headlines on both assets
LyondellBasell Industries NV is a petrochemical producer with operations in the U.S. and Europe. It operates in six segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Advanced Polymer Solutions (APS), Refining and Technology. The company is a major producer of polyethylene, the world's largest producer of polypropylene, and the second- largest producer of propylene oxide. Its chemicals are used in various consumer and industrial end products. Substantially, all of the company's revenue is derived from product sales.
Read more on LYB →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 →