NetApp Inc. vs Otis Worldwide Corp — how do they compare? NetApp Inc. trades at $199.43 (market cap $38.95B), while Otis Worldwide Corp trades at $73.25 (market cap $27.80B). The key difference: NetApp Inc. is the larger of the two by market cap, and Otis Worldwide Corp pays the higher dividend (2.41%). Which is the better fit depends on your goals.
| NTAP | OTIS | |
|---|---|---|
Market Cap | $38.95B | $27.80B |
Sector | Technology | Industrials |
52-Week High | $198.72 | $93.62 |
52-Week Low | $94.11 | $69.34 |
Enterprise Value | $38.10B | $35.84B |
Dividend Yield | 1.05% | 2.41% |
Trailing returns across standard periods
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Read more on NTAP →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 →