Otis Worldwide Corp vs Snowflake Inc — how do they compare? Otis Worldwide Corp trades at $70.74 (market cap $27.61B), while Snowflake Inc trades at $268.27 (market cap $94.18B). The key difference: Snowflake Inc is far larger — about 3.4× Otis Worldwide Corp's market cap, and Otis Worldwide Corp pays a 2.36% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| OTIS | SNOW | |
|---|---|---|
Market Cap | $27.61B | $94.18B |
Sector | Industrials | Technology |
52-Week High | $100.99 | $280.16 |
52-Week Low | $69.34 | $121.11 |
Enterprise Value | $34.99B | $94.00B |
Dividend Yield | 2.36% | — |
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 →Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →