Otis Worldwide Corp vs Sirius XM Holdings Inc — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Sirius XM Holdings Inc trades at $29.8 (market cap $10.20B). The key difference: Otis Worldwide Corp is far larger — about 2.7× Sirius XM Holdings Inc's market cap, and Sirius XM Holdings Inc pays the higher dividend (3.57%). Which is the better fit depends on your goals.
| OTIS | SIRI | |
|---|---|---|
Market Cap | $27.61B | $10.20B |
Sector | Industrials | Media |
52-Week High | $100.99 | $31.22 |
52-Week Low | $69.34 | $19.92 |
Enterprise Value | $34.99B | $19.87B |
Dividend Yield | 2.36% | 3.57% |
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 →SiriusXM Holdings is now composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service. Liberty Media owns 80% of SiriusXM, traded through its Liberty SiriusXM Group tracking stock.
Read more on SIRI →