Otis Worldwide Corp vs Wynn Resorts, Limited — how do they compare? Otis Worldwide Corp trades at $70.61 (market cap $27.61B), while Wynn Resorts, Limited trades at $94.25 (market cap $9.82B). The key difference: Otis Worldwide Corp is far larger — about 2.8× Wynn Resorts, Limited's market cap, and Otis Worldwide Corp pays the higher dividend (2.36%). Which is the better fit depends on your goals.
| OTIS | WYNN | |
|---|---|---|
Market Cap | $27.61B | $9.82B |
Sector | Industrials | Consumer Cyclical |
52-Week High | $100.99 | $133.34 |
52-Week Low | $69.34 | $94.63 |
Enterprise Value | $34.99B | $20.19B |
Dividend Yield | 2.36% | 1.06% |
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 →Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019. Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2023, which we forecast to open in 2026. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
Read more on WYNN →