Okta, Inc. vs Otis Worldwide Corp — how do they compare? Okta, Inc. trades at $136.01 (market cap $24.63B), while Otis Worldwide Corp trades at $70.61 (market cap $27.61B). The key difference: Okta, Inc. and Otis Worldwide Corp are close in size by market cap, and Otis Worldwide Corp pays a 2.36% dividend while Okta, Inc. pays none. Which is the better fit depends on your goals.
| OKTA | OTIS | |
|---|---|---|
Market Cap | $24.63B | $27.61B |
Sector | Technology | Industrials |
52-Week High | $154.62 | $100.99 |
52-Week Low | $62.93 | $69.34 |
Enterprise Value | $22.45B | $34.99B |
Dividend Yield | — | 2.36% |
Trailing returns across standard periods
Latest headlines on both assets
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →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 →