Manulife Financial Corporation vs Otis Worldwide Corp — how do they compare? Manulife Financial Corporation trades at $43.84 (market cap $72.68B), while Otis Worldwide Corp trades at $73 (market cap $27.80B). The key difference: Manulife Financial Corporation is far larger — about 2.6× Otis Worldwide Corp's market cap, and Manulife Financial Corporation pays the higher dividend (3.1%). Which is the better fit depends on your goals.
| MFC | OTIS | |
|---|---|---|
Market Cap | $72.68B | $27.80B |
Sector | Financials | Industrials |
52-Week High | $44.77 | $93.62 |
52-Week Low | $30.06 | $69.34 |
Enterprise Value | $67.84B | $35.84B |
Dividend Yield | 3.1% | 2.41% |
Trailing returns across standard periods
Manulife provides life insurance and wealth management products and services to individuals and group customers in Canada, the United States, and Asia. Manulife is one of Canada's Big Three Life Insurance companies (the other two are Sun Life and Great West Life). As of Dec. 31, 2021, Manulife reported assets under management or administration of about CAD $1.4 trillion.
Read more on MFC →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 →