Otis Worldwide Corp vs Western Digital Corp — how do they compare? Otis Worldwide Corp trades at $70.74 (market cap $27.61B), while Western Digital Corp trades at $568.01 (market cap $189.02B). The key difference: Western Digital Corp is far larger — about 6.8× Otis Worldwide Corp's market cap, and Otis Worldwide Corp pays the higher dividend (2.36%). Which is the better fit depends on your goals.
| OTIS | WDC | |
|---|---|---|
Market Cap | $27.61B | $189.02B |
Sector | Industrials | Technology |
52-Week High | $100.99 | $746.23 |
52-Week Low | $69.34 | $67.06 |
Enterprise Value | $34.99B | $187.36B |
Dividend Yield | 2.36% | 0.11% |
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 →Western Digital is a vertically integrated supplier of data storage solutions, spanning both hard disk drives and solid-state drives. In the HDD market it forms a practical duopoly with Seagate, and it is the largest global producer of NAND flash chips for SSDs in a joint venture with competitor Kioxia.
Read more on WDC →