Our annual ranking of America's largest corporations

48 of 500
BACKNEXT
48. United Technologies
United Technologies
Get Quote: UTX
Financials: Latest Results
Rank: 48 (Previous rank: 44)
CEO: Louis R. Chênevert
Was this company a 2011 top stock?

For United Technologies, change is the name of the game. The diversified manufacturer -- which owns air conditioning and heating company Carrier, the Otis elevator company, and Sikorsky, a builder of commercial and military helicopters -- is set to spend $450 million on restructuring costs, ingest a massive company, and sell off a few others this year. Last September, United announced that it would purchase aircraft components manufacturer Goodrich for $16.5 billion, the company's largest acquisition. The Goodrich deal prompted EU regulators to launch an inquiry into whether it would constitute an antitrust violation. The company plans to sell off $3 billion in assets to support the purchase.

Subscribe to Fortune Magazine
Key financials $ millions % change
from 2010
Revenues 58,190.0 7.1
Profits 4,979.0 13.9
Assets 61,452.0 —
Stockholders' equity 21,880.0 —
Market value (3/29/2012) 74,817.6 —
Profits as % of  
Revenues 8.6
Assets 8.1
Stockholders' equity 22.8
Earnings per share  
2011 $ 5.49
% change from 2010 15.8
2001-2011 annual growth rate % 11.1
Total return to investors %
2011 -4.9
2001-2011 annual rate 10.6
Rank Company 500
rank		 Revenues
($ millions)
1 Boeing 39 68,735.0
2 United Technologies 48 58,190.0
3 Lockheed Martin 58 46,692.0
4 Honeywell International 77 37,059.0
5 General Dynamics 92 32,677.0
6 Northrop Grumman 104 28,058.0
7 Raytheon 117 24,857.0
8 L-3 Communications 174 15,169.0
9 Textron 236 11,275.0
10 Goodrich 319 8,074.9
11 Precision Castparts 387 6,267.2
12 Exelis 422 5,839.0
13 Alliant Techsystems 491 4,842.3
14 Rockwell Collins 496 4,825.0
Issue date: May 21, 2012
Galleries and more
Headquarters
MAPS
United Technologies
1 Financial Plaza
Hartford, CT 06103
860-728-7000
www.utc.com
What do you think about United Technologies?
Video
Fortune 500+
Want more on America's top companies? Get data on the full Fortune 1,000 list here. Fortune 500+
Top 3

Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
See the rest
Company Rank
Google 73
NetApp 474
NuStar Energy 377
See the rest
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
See the rest
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
Current Issue
Yes we cannabis
Yes we cannabis
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.
© 2013 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Ad choices .