United Technologies Gross Profit

United Technologies posts a gross profit of $13B as of June 2020. That compares with $18B in the prior-year period — down 29.3% year over year. That is below the Industrials sector average of $110B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, United Technologies's gross profit was $18B. The latest reading is $13B — a 29.3% year-over-year decrease (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a gross profit near $110B is typical. United Technologies's $13B is lower that level. That is roughly 88.3% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of United Technologies's financial statement story. At $13B, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for UTX's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $110B), and (3) consistency with growth and profitability. This page covers the first two; United Technologies's other metric pages and overview cover the third.