NextEra Energy, Inc. vs Otis Worldwide Corp — how do they compare? NextEra Energy, Inc. trades at $88 (market cap $183.53B), while Otis Worldwide Corp trades at $72.17 (market cap $28.20B). The key difference: NextEra Energy, Inc. is far larger — about 6.5× Otis Worldwide Corp's market cap, and NextEra Energy, Inc. pays the higher dividend (2.83%). Which is the better fit depends on your goals.
| NEE | OTIS | |
|---|---|---|
Market Cap | $183.53B | $28.20B |
Sector | Utilities | Industrials |
52-Week High | $97.88 | $100.99 |
52-Week Low | $69.77 | $69.34 |
Enterprise Value | $285.94B | $35.58B |
Dividend Yield | 2.83% | 2.31% |
Trailing returns across standard periods
NextEra Energy's regulated utility, Florida Power & Light, distributes power to more than 5 million customers in Florida. FP&L contributes more than 60% of the group's operating earnings. The renewable energy segment generates and sells power throughout the United States and Canada. Consolidated generation capacity totals more than 50 gigawatts and includes natural gas, nuclear, wind, and solar assets.
Read more on NEE →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 →