AMETEK, Inc. (AME) vs Otis Worldwide Corporation (OTIS)

AMETEK, Inc. and Otis Worldwide Corporation are both Specialty Industrial Machinery companies. AMETEK, Inc. is the larger, with a market value of $66.0B against $25.4B — 2.6× the size. Otis Worldwide Corporation trades at the lower P/E: 16.8× against 36.5×. AMETEK, Inc. grew revenue faster over the last twelve months: 12.7% against 5.24%. AMETEK, Inc. has the higher net margin (20.0% vs 10.2%) and the lower return on invested capital (9.95% vs 69.4%). Both pay a dividend; Otis Worldwide Corporation yields more (1.61% vs 0.64%). Across the 22 metrics below, AMETEK, Inc. leads on 11 and Otis Worldwide Corporation on 11.

Valuation

Metric AME OTIS Specialty Industrial Machinery median
P/E 36.50 16.82 29.62
P/S 7.30 1.69 2.77
P/B 5.10 n/m 3.04
Price to free cash flow 31.48 14.52 23.81
EV/EBITDA 24.00 13.35 16.05
EV/Sales 7.50 2.20 2.94
Earnings yield 2.74% 5.94% 3.08%
Free cash flow yield 3.18% 6.89% 3.12%

Profitability

Metric AME OTIS Specialty Industrial Machinery median
Gross margin 36.36% 30.17% 35.90%
Operating margin 25.90% 15.35% 11.22%
Net margin 20.04% 10.17% 7.80%
Free cash flow margin 23.21% 11.66% 9.51%
Return on equity 14.56% (28.00%) 11.10%
Return on assets 9.89% 14.00% 4.63%
Return on invested capital 9.95% 69.35% 5.37%

Growth

Metric AME OTIS Specialty Industrial Machinery median
Revenue growth (TTM) 12.66% 5.24% 6.45%
EPS growth (last fiscal year) 7.93% (14.00%) —
Revenue growth, 5-year CAGR 10.27% 2.50% 8.31%
Net income growth, 5-year CAGR 11.15% 8.84% 5.04%

Health

Metric AME OTIS Specialty Industrial Machinery median
Debt to equity 0.18 (1.52) 0.35
Current ratio 1.21 0.83 2.11
Net debt to EBITDA 0.78 2.97 1.32

Dividend

Metric AME OTIS Specialty Industrial Machinery median
Dividend yield 0.64% 1.61% 1.12%
Payout ratio 0.18 0.38 0.17

Size

Metric AME OTIS Specialty Industrial Machinery median
Market cap 66.03b 25.40b 1.97b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack