LYFT Inc vs Otis Worldwide Corp — how do they compare? LYFT Inc trades at $17.5 (market cap $6.64B), while Otis Worldwide Corp trades at $73 (market cap $27.80B). The key difference: Otis Worldwide Corp is far larger — about 4.2× LYFT Inc's market cap, and Otis Worldwide Corp pays a 2.41% dividend while LYFT Inc pays none. Which is the better fit depends on your goals.
| LYFT | OTIS | |
|---|---|---|
Market Cap | $6.64B | $27.80B |
Sector | Industrials | Industrials |
52-Week High | $24.57 | $93.62 |
52-Week Low | $12.65 | $69.34 |
Enterprise Value | $6.11B | $35.84B |
Dividend Yield | — | 2.41% |
Trailing returns across standard periods
Latest headlines on both assets
Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app. Lyft recently entered the Canadian market in an effort to expand its market outside the U.S. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Read more on LYFT →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 →