Otis Worldwide Corp vs Phillips 66 — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Phillips 66 trades at $211.8 (market cap $85.11B). The key difference: Phillips 66 is far larger — about 3.1× Otis Worldwide Corp's market cap, and Phillips 66 pays the higher dividend (2.39%). Which is the better fit depends on your goals.
| OTIS | PSX | |
|---|---|---|
Market Cap | $27.61B | $85.11B |
Sector | Industrials | Energy |
52-Week High | $100.99 | $212.27 |
52-Week Low | $69.34 | $118.37 |
Enterprise Value | $34.99B | $107.08B |
Dividend Yield | 2.36% | 2.39% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Phillips 66 is an independent refiner with 12 refineries that have a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, after converting its 255 mb/d Alliance refinery to a terminal. The midstream segment comprises extensive transportation and NGL processing assets. It also includes its DCP Midstream joint venture, which holds 45 natural gas processing facilities, 11 NGL fractionation plants, and a natural gas pipeline system with 58,000 miles of pipeline. Its CPChem chemical joint venture operates facilities in the United States and the Middle East and primarily produces olefins and polyolefins.
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