The $48 billion manufacturer has delivered consistently strong returns with such brands as Sikorsky helicopters, Pratt & Whitney engines, Otis elevators, and Carrier air conditioners. CEO George David’s dual obsessions—with process improvements and employee development—certainly help. Even his succession has been methodically planned, with Louis Chenevert becoming president and heir apparent in 2006 after running the Pratt & Whitney unit. While challenges loom, including a recent $295 million fine levied by the European Commission against Otis for alleged price-fixing, investors continue to love the company. Its total return over the past three years is 49.6%.
|Sales Growth Rate**|
|12-Month Net Income||
|Total Return||Past 12 Months|
|Past 36 Months
|Industry||Aerospace & Defense|