Microsoft Excel LibreOffice Calc

United Technologies Corp. (UTX)

Debt to Equity
since 2005

Beginner level

Calculation

United Technologies Corp., debt to equity, long-term trends, calculation

Microsoft Excel LibreOffice Calc
Debt to equity = Short-term borrowings and long-term debt1 ÷ Shareowners’ equity1
Dec 31, 2018 1.18 = 45,537  ÷ 38,446 
Dec 31, 2017 0.93 = 27,485  ÷ 29,610 
Dec 31, 2016 0.87 = 23,901  ÷ 27,579 
Dec 31, 2015 0.75 = 20,425  ÷ 27,358 
Dec 31, 2014 0.63 = 19,794  ÷ 31,213 
Dec 31, 2013 0.64 = 20,241  ÷ 31,866 
Dec 31, 2012 0.90 = 23,221  ÷ 25,914 
Dec 31, 2011 0.47 = 10,260  ÷ 21,880 
Dec 31, 2010 0.48 = 10,289  ÷ 21,385 
Dec 31, 2009 0.49 = 9,744  ÷ 20,066 
Dec 31, 2008 0.72 = 11,476  ÷ 15,917 
Dec 31, 2007 0.43 = 9,148  ÷ 21,355 
Dec 31, 2006 0.46 = 7,931  ÷ 17,297 
Dec 31, 2005 0.48 = 8,240  ÷ 16,991 

Based on: 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).

1 US$ in millions

Comparison to Competitors

United Technologies Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel LibreOffice Calc
United Technologies Corp. Boeing Co. General Dynamics Corp. Lockheed Martin Corp. Northrop Grumman Corp. Raytheon Co.
Dec 31, 2018 1.18 40.85 1.06 10.12 1.76 0.00
Dec 31, 2017 0.93 31.32 0.35 — 2.17 0.51
Dec 31, 2016 0.87 12.18 0.35 9.45 1.34 0.53
Dec 31, 2015 0.75 1.57 0.32 4.93 1.18 0.53
Dec 31, 2014 0.63 1.05 0.33 1.81 0.82 0.56
Dec 31, 2013 0.64 0.65 0.27 1.25 0.56 0.43
Dec 31, 2012 0.90 1.77 0.34 161.74 0.41 0.59
Dec 31, 2011 0.47 3.52 0.30 6.45 0.38 0.56
Dec 31, 2010 0.48 4.49 0.24 1.35 0.36 0.37
Dec 31, 2009 0.49 6.07 0.31 1.22 0.34 0.24
Dec 31, 2008 0.72 — 0.40 1.33 0.33 0.25
Dec 31, 2007 0.43 0.91 0.24 0.45 0.23 0.18
Dec 31, 2006 0.46 2.01 0.28 0.64 0.24 0.36
Dec 31, 2005 0.48 0.97 0.40 0.63 0.30 0.42

Based on: 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).

Comparison to Sector (Aerospace & Defense)

United Technologies Corp., debt to equity, long-term trends, comparison to sector (aerospace & defense)

Microsoft Excel LibreOffice Calc
United Technologies Corp. Aerospace & Defense
Dec 31, 2018 1.18 1.40
Dec 31, 2017 0.93 1.34
Dec 31, 2016 0.87 1.15
Dec 31, 2015 0.75 0.96
Dec 31, 2014 0.63 0.70
Dec 31, 2013 0.64 0.58
Dec 31, 2012 0.90 0.86
Dec 31, 2011 0.47 0.71
Dec 31, 2010 0.48 0.61
Dec 31, 2009 0.49 0.62
Dec 31, 2008 0.72 0.68
Dec 31, 2007 0.43 0.38
Dec 31, 2006 0.46 0.49
Dec 31, 2005 0.48 0.51

Based on: 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).

Comparison to Industry (Industrials)

United Technologies Corp., debt to equity, long-term trends, comparison to industry (industrials)

Microsoft Excel LibreOffice Calc
United Technologies Corp. Industrials
Dec 31, 2018 1.18 1.49
Dec 31, 2017 0.93 1.36
Dec 31, 2016 0.87 1.31
Dec 31, 2015 0.75 1.30
Dec 31, 2014 0.63 1.50
Dec 31, 2013 0.64 1.39
Dec 31, 2012 0.90 1.72
Dec 31, 2011 0.47 1.90
Dec 31, 2010 0.48 1.94
Dec 31, 2009 0.49 2.17
Dec 31, 2008 0.72 2.53
Dec 31, 2007 0.43 2.01
Dec 31, 2006 0.46 1.83
Dec 31, 2005 0.48 1.63

Based on: 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).