United Technologies Corporation

Industry: Conglomerates

Fortune Rank: 37

For the nine months ended 30 September 2005, United Technology Corporation's revenues increased 14% to $31.46B. Net income increased 19% to $2.44B. Revenues reflect organic growth and contributions from the Linde commercial refrigeration and Kidde fire protection acquisitions. Net income also reflects operating profit increases at all segments, a decrease in restructuring and related charges, and a $105M gain on the Snecma investment.

United Technologies Corporation (UTC) provides high-technology products and services to the building systems and aerospace industries through seven operating companies. Otis includes elevators, escalators and moving walkways and services. Carrier includes heating, ventilating and air-conditioning systems and equipment. UTC Fire & Security includes electronic security, fire detection and suppression, monitoring, rapid response systems and services, and security personnel services. Pratt & Whitney covers commercial, general aviation and military aircraft engines, parts and services, industrial gas turbines and space propulsion. Hamilton Sundstrand provides aerospace products and aftermarket services. Sikorsky offers commercial and military helicopters, aftermarket helicopter, and aircraft parts and services. UTC Power offers combined heat, cooling and power systems for commercial and industrial applications, and fuel cell systems for commercial transportation and space applications.

United Technologies Corporation

United Technologies Corporation is a Fortune 500 company. In 2010 United Technologies Corporation was ranked number 37 on the Fortune 500 list, making it the 37th largest company in the United States when judged by revenue.

United Technologies Corporation achieved revenue of $52,920.00 million in 2010 and earned a profit of $3,829.00 million.

United Technologies Corporation remains solid in 37

United Technologies Corporation is one of the minority of companies, who ranking on the Fortune 500 list remained stable in 2010, retaining 37th position that is achieved in 2009. This identical ranking was based on its 2009 revenue of $58,681 million (a change of -6 million compared to 2010) and profits of $4,689 million (a change of -1 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then United Technologies Corporation would be ranked 35th rather than 37th due to its profits of $3,829 in 2010.

United Technologies Corporation Revenue* Profit* Fortune Ranking

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts