Otis Worldwide Corp vs SYSCO Corporation — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while SYSCO Corporation trades at $81.47 (market cap $38.84B). The key difference: SYSCO Corporation is the larger of the two by market cap, and SYSCO Corporation pays the higher dividend (2.71%). Which is the better fit depends on your goals.
| OTIS | SYY | |
|---|---|---|
Market Cap | $27.61B | $38.84B |
Sector | Industrials | Consumer Staples |
52-Week High | $100.99 | $91.16 |
52-Week Low | $69.34 | $69.30 |
Enterprise Value | $34.99B | $52.32B |
Dividend Yield | 2.36% | 2.71% |
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 →Sysco is the largest U.S. food-service distributor, boasting 17% market share of the highly fragmented food-service distribution industry. Sysco distributes over 400,000 food and nonfood products to restaurants (63% of revenue), healthcare facilities (8%), education and government buildings (8%), travel and leisure (7%), and other locations (14%) where individuals consume away-from-home meals. In fiscal 2022, 82% of the firm's revenue was U.S.-based, with 7% from Canada, 4% from the U.K., 2% from France, and 4% other.
Read more on SYY →