MPLX LP vs Otis Worldwide Corp — how do they compare? MPLX LP trades at $56.75 (market cap $57.97B), while Otis Worldwide Corp trades at $72.17 (market cap $28.20B). The key difference: MPLX LP is far larger — about 2.1× Otis Worldwide Corp's market cap, and MPLX LP pays the higher dividend (7.54%). Which is the better fit depends on your goals.
| MPLX | OTIS | |
|---|---|---|
Market Cap | $57.97B | $28.20B |
Sector | Technology | Industrials |
52-Week High | $59.17 | $100.99 |
52-Week Low | $47.80 | $69.34 |
Enterprise Value | $82.60B | $35.58B |
Dividend Yield | 7.54% | 2.31% |
Trailing returns across standard periods
Latest headlines on both assets
MPLX LP is a Master Limited Partnership (MLP) formed by Marathon Petroleum Corporation (MPC). It is a diversified, growth-oriented company primarily engaged in the gathering, processing, and transportation of natural gas and natural gas liquids (NGLs), as well as the transportation, storage, and distribution of crude oil and refined petroleum products. MPLX owns and operates a network of midstream energy infrastructure assets, providing essential services to the energy industry across the United States.
Read more on MPLX →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 →