Otis Worldwide Corp vs Wipro Limited — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Wipro Limited trades at $1.82 (market cap $17.93B). The key difference: Otis Worldwide Corp is the larger of the two by market cap, and Wipro Limited pays the higher dividend (4.76%). Which is the better fit depends on your goals.
| OTIS | WIT | |
|---|---|---|
Market Cap | $27.61B | $17.93B |
Sector | Industrials | Technology |
52-Week High | $100.99 | $3.06 |
52-Week Low | $69.34 | $1.82 |
Enterprise Value | $34.99B | $15.90B |
Dividend Yield | 2.36% | 4.76% |
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 →Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.
Read more on WIT →