McCormick & Company, Incorporated vs Otis Worldwide Corp — how do they compare? McCormick & Company, Incorporated trades at $52.01 (market cap $14.04B), while Otis Worldwide Corp trades at $72.17 (market cap $28.20B). The key difference: Otis Worldwide Corp is far larger — about 2× McCormick & Company, Incorporated's market cap, and McCormick & Company, Incorporated pays the higher dividend (3.68%). Which is the better fit depends on your goals.
| MKC | OTIS | |
|---|---|---|
Market Cap | $14.04B | $28.20B |
Sector | Consumer Staples | Industrials |
52-Week High | $72.81 | $100.99 |
52-Week Low | $45.60 | $69.34 |
Enterprise Value | $18.65B | $35.58B |
Dividend Yield | 3.68% | 2.31% |
Trailing returns across standard periods
In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →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 →