United Technologies's net income is $-1.6B, below the Industrials sector average of $27B.
Get informed when a big investor buys or sells
+ FollowAs of Jun 2020
Trailing 12 months ending Jun 2020
Loading...
Loading...
United Technologies posts a net income of $-1.6B as of June 2020. That compares with $5.2B in the prior-year period — down 131.5% year over year. That is below the Industrials sector average of $27B. 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 net income was $5.2B. The latest reading is $-1.6B — a 131.5% 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 net income near $27B is typical. United Technologies's $-1.6B is lower that level. That is roughly 106.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Net Income is one piece of United Technologies's financial statement story. At $-1.6B, 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 net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $27B), and (3) consistency with growth and profitability. This page covers the first two; United Technologies's other metric pages and overview cover the third.