Otis Worldwide Corp vs Wheaton Precious Metals Corp — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Wheaton Precious Metals Corp trades at $113.84 (market cap $50.04B). The key difference: Wheaton Precious Metals Corp is the larger of the two by market cap, and Otis Worldwide Corp pays the higher dividend (2.36%). Which is the better fit depends on your goals.
| OTIS | WPM | |
|---|---|---|
Market Cap | $27.61B | $50.04B |
Sector | Industrials | Basic Materials |
52-Week High | $100.99 | $165.72 |
52-Week Low | $69.34 | $91.00 |
Enterprise Value | $34.99B | $47.89B |
Dividend Yield | 2.36% | 0.71% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →