Otis Worldwide (OTIS) Financials

$98.75 +0.23 (+0.24%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$98.00 -0.75 (-0.76%)

As of 04/15/2025 07:41 PM Eastern

Annual Income Statements for Otis Worldwide

This table shows Otis Worldwide's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	1,049	1,116	906	1,246	1,253	1,406	1,645
Consolidated Net Income / (Loss)	1,210	1,267	1,056	1,420	1,369	1,498	1,734
Net Income / (Loss) Continuing Operations	1,210	1,267	1,056	1,420	1,369	1,498	1,734
Total Pre-Tax Income	1,893	1,861	1,511	1,961	1,888	2,031	2,039
Total Operating Income	1,835	1,814	1,639	2,108	2,033	2,186	2,008
Total Gross Profit	3,726	3,826	3,779	4,193	3,920	4,193	4,257
Total Revenue	12,915	13,118	12,756	14,298	13,685	14,209	14,261
Operating Revenue	12,915	13,118	12,756	14,298	13,685	14,209	14,261
Total Cost of Revenue	9,189	9,292	8,977	10,105	9,765	10,016	10,004
Operating Cost of Revenue	9,189	9,292	8,977	10,105	9,765	10,016	10,004
Total Operating Expenses	1,891	2,012	2,140	2,085	1,887	2,007	2,249
Selling, General & Admin Expense	1,735	1,810	1,924	1,948	1,763	1,884	1,861
Research & Development Expense	181	163	152	159	150	144	152
Other Operating Expenses / (Income)	-25	39	64	-22	-26	-21	236
Total Other Income / (Expense), net	58	47	-128	-147	-145	-155	31
Interest & Investment Income	-	-	-	-	-143	-150	31
Other Income / (Expense), net	44	33	-6.00	-11	-2.00	-5.00	0.00
Income Tax Expense	683	594	455	541	519	533	305
Net Income / (Loss) Attributable to Noncontrolling Interest	161	151	150	174	116	92	89
Basic Earnings per Share	$2.42	$2.55	$2.09	$2.91	$2.98	$3.42	$4.10
Weighted Average Basic Shares Outstanding	433.10M	433.10M	433.20M	427.70M	420M	411.40M	401.70M
Diluted Earnings per Share	$2.42	$2.55	$2.08	$2.89	$2.96	$3.39	$4.07
Weighted Average Diluted Shares Outstanding	433.10M	433.10M	434.60M	431.40M	423M	414.60M	404.40M
Weighted Average Basic & Diluted Shares Outstanding	-	-	433.67M	424.96M	414.87M	405.45M	396.52M
Cash Dividends to Common per Share	$0.00	$0.00	$0.60	$0.92	$1.11	$1.31	$1.51

This table shows Otis Worldwide's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	324	297	331	376	376	323	353	415	540	337
Consolidated Net Income / (Loss)	350	318	352	407	395	344	374	450	557	353
Net Income / (Loss) Continuing Operations	350	318	352	407	395	344	374	450	557	353
Total Pre-Tax Income	493	455	480	542	532	477	500	544	512	483
Total Operating Income	529	491	513	580	571	522	544	570	363	531
Total Gross Profit	971	960	996	1,083	1,046	1,068	1,028	1,079	1,078	1,072
Total Revenue	3,344	3,439	3,346	3,720	3,523	3,620	3,437	3,601	3,548	3,675
Operating Revenue	3,344	3,439	3,346	3,720	3,523	3,620	3,437	3,601	3,548	3,675
Total Cost of Revenue	2,373	2,479	2,350	2,637	2,477	2,552	2,409	2,522	2,470	2,603
Operating Cost of Revenue	2,373	2,479	2,350	2,637	2,477	2,552	2,409	2,522	2,470	2,603
Total Operating Expenses	442	469	483	503	475	546	484	509	715	541
Selling, General & Admin Expense	417	448	455	479	452	498	462	449	455	495
Research & Development Expense	37	38	35	36	36	37	36	39	40	37
Other Operating Expenses / (Income)	-12	-17	-7.00	-12	-13	11	-14	21	220	9.00
Total Other Income / (Expense), net	-36	-36	-33	-38	-39	-45	-44	-26	149	-48
Income Tax Expense	143	137	128	135	137	133	126	94	-45	130
Net Income / (Loss) Attributable to Noncontrolling Interest	26	21	21	31	19	21	21	35	17	16
Basic Earnings per Share	$0.77	$0.72	$0.80	$0.91	$0.92	$0.79	$0.87	$1.03	$1.35	$0.85
Weighted Average Basic Shares Outstanding	418.50M	420M	414.30M	412.70M	410.80M	411.40M	405.20M	402.90M	400.20M	401.70M
Diluted Earnings per Share	$0.77	$0.70	$0.79	$0.90	$0.91	$0.79	$0.86	$1.02	$1.34	$0.85
Weighted Average Diluted Shares Outstanding	421.20M	423M	417.80M	416M	413.70M	414.60M	408.10M	405.50M	402.70M	404.40M
Weighted Average Basic & Diluted Shares Outstanding	416.59M	414.87M	413.29M	411.74M	409.26M	405.45M	404.32M	400.55M	399.46M	396.52M

This table details how cash moves in and out of Otis Worldwide's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-148	113	342	1,676	-2,282	85	1,041
Net Cash From Operating Activities	1,550	1,469	1,480	1,750	1,560	1,627	1,563
Net Cash From Continuing Operating Activities	1,550	1,469	1,480	1,750	1,560	1,615	1,563
Net Income / (Loss) Continuing Operations	1,210	1,267	1,056	1,420	1,369	1,498	1,734
Consolidated Net Income / (Loss)	1,210	1,267	1,056	1,420	1,369	1,498	1,734
Depreciation Expense	190	180	191	203	191	193	181
Non-Cash Adjustments To Reconcile Net Income	74	94	271	96	146	34	24
Changes in Operating Assets and Liabilities, net	76	-72	-38	31	-146	-110	-376
Net Cash From Investing Activities	-201	-203	-353	-89	-33	-183	-164
Net Cash From Continuing Investing Activities	-201	-203	-353	-89	-33	-183	-164
Purchase of Property, Plant & Equipment	-172	-145	-183	-156	-115	-138	-126
Acquisitions	-50	-47	-53	-80	-46	-36	-87
Purchase of Investments	-	-5.00	-69	73	65	-28	49
Divestitures	-	-	0.00	0.00	61	0.00	0.00
Sale and/or Maturity of Investments	3.00	0.00	-51	40	-7.00	4.00	-9.00
Other Investing Activities, net	18	-6.00	3.00	34	9.00	15	9.00
Net Cash From Financing Activities	-1,497	-1,133	-844	58	-3,652	-1,350	-309
Net Cash From Continuing Financing Activities	-1,497	-1,133	-844	58	-3,652	-1,350	-309
Repayment of Debt	-23	-4.00	-1,052	-547	-530	-560	-35
Repurchase of Common Equity	-	0.00	0.00	-725	-850	-800	-1,007
Payment of Dividends	-173	-163	-409	-548	-583	-624	-700
Issuance of Debt	11	6.00	6,947	1,878	113	634	1,508
Other Financing Activities, net	-1,312	-972	-6,330	0.00	-1,802	0.00	-75
Effect of Exchange Rate Changes	-	-20	59	-43	-157	-	-49
Cash Interest Paid	20	18	81	129	134	132	172
Cash Income Taxes Paid	607	632	561	552	562	546	586

This table details how cash moves in and out of Otis Worldwide's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-223	153	-74	106	414	-361	-393	64	-119	1,489
Net Cash From Operating Activities	239	464	278	446	306	597	171	308	394	690
Net Cash From Continuing Operating Activities	239	464	278	446	306	585	171	308	394	690
Net Income / (Loss) Continuing Operations	350	318	352	407	395	344	374	450	557	353
Consolidated Net Income / (Loss)	350	318	352	407	395	344	374	450	557	353
Depreciation Expense	48	46	47	52	46	48	44	41	48	48
Non-Cash Adjustments To Reconcile Net Income	-15	73	23	34	-1.00	-22	10	-1.00	-20	35
Changes in Operating Assets and Liabilities, net	-144	27	-144	-47	-134	215	-257	-182	-191	254
Net Cash From Investing Activities	72	-95	-21	-70	-41	-51	-79	-18	-113	46
Net Cash From Continuing Investing Activities	72	-95	-21	-70	-41	-51	-79	-18	-113	46
Purchase of Property, Plant & Equipment	-24	-34	-25	-37	-34	-42	-31	-24	-32	-39
Acquisitions	-10	-8.00	-16	-4.00	-7.00	-9.00	-30	-10	-30	-17
Purchase of Investments	43	-56	17	-30	-8.00	-7.00	-21	17	-43	96
Other Investing Activities, net	2.00	3.00	3.00	1.00	10	1.00	3.00	-1.00	1.00	6.00
Net Cash From Financing Activities	-465	-250	-341	-244	167	-932	-467	-212	-423	793
Net Cash From Continuing Financing Activities	-465	-250	-341	-244	167	-932	-467	-212	-423	793
Repayment of Debt	-1.00	-2.00	-5.00	-11	-8.00	-536	-19	-2.00	-	-14
Repurchase of Common Equity	-300	-150	-175	-175	-225	-225	-300	-300	-200	-207
Payment of Dividends	-187	-131	-129	-147	-200	-148	-147	-159	-225	-169
Issuance of Debt	23	33	-32	89	600	-23	3.00	320	2.00	1,183
Effect of Exchange Rate Changes	-69	34	10	-26	-18	-	-18	-14	23	-40

This table presents Otis Worldwide's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Total Assets	9,687	10,710	12,279	9,819	10,117	11,316
Total Current Assets	5,658	6,493	8,261	6,143	6,400	7,670
Cash & Equivalents	1,446	1,782	1,565	1,189	1,274	2,300
Accounts Receivable	2,861	3,148	3,232	3,357	3,538	3,428
Inventories, net	571	659	622	617	612	557
Other Current Assets	780	887	932	980	976	1,385
Plant, Property, & Equipment, net	721	774	774	719	727	701
Total Noncurrent Assets	3,308	3,443	3,244	2,957	2,990	2,945
Goodwill	1,647	1,773	1,667	1,567	1,588	1,548
Intangible Assets	490	484	419	369	335	311
Noncurrent Deferred & Refundable Income Taxes	373	334	335	285	323	302
Other Noncurrent Operating Assets	798	852	823	736	744	784
Total Liabilities & Shareholders' Equity	9,687	10,710	12,279	9,819	10,117	11,316
Total Liabilities	7,361	13,911	15,263	14,483	14,837	16,044
Total Current Liabilities	5,374	6,673	6,247	6,843	6,479	7,749
Short-Term Debt	34	701	24	670	32	1,351
Accounts Payable	1,331	1,453	1,556	1,717	1,878	1,879
Accrued Expenses	1,739	1,977	1,993	1,794	1,873	1,921
Other Current Liabilities	2,270	2,542	2,674	2,662	2,696	2,598
Total Noncurrent Liabilities	1,987	7,238	9,016	7,640	8,358	8,295
Long-Term Debt	5.00	5,262	7,249	6,098	6,866	6,973
Noncurrent Deferred & Payable Income Tax Liabilities	695	321	267	279	245	207
Noncurrent Employee Benefit Liabilities	590	654	558	392	462	434
Other Noncurrent Operating Liabilities	697	1,001	942	871	785	681
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	95	194	160	135	135	57
Total Equity & Noncontrolling Interests	2,231	-3,395	-3,144	-4,799	-4,855	-4,785
Total Preferred & Common Equity	1,700	-3,862	-3,625	-4,870	-4,924	-4,848
Total Common Equity	1,700	-3,862	-3,625	-4,870	-4,924	-4,848
Common Stock	0.00	59	119	162	213	265
Retained Earnings	0.00	-3,106	-2,256	-2,865	-2,005	-978
Treasury Stock	-	0.00	-725	-1,575	-2,382	-3,390
Accumulated Other Comprehensive Income / (Loss)	-758	-815	-763	-592	-750	-745
Noncontrolling Interest	531	467	481	71	69	63

This table presents Otis Worldwide's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	9,342	9,819	9,845	10,135	10,390	10,117	9,791	9,858	10,261	11,316
Total Current Assets	5,829	6,143	6,153	6,417	6,749	6,400	6,138	6,238	6,495	7,670
Cash & Equivalents	1,034	1,189	1,117	1,219	1,636	1,274	884	942	827	2,300
Accounts Receivable	3,103	3,357	3,364	3,497	3,455	3,538	3,654	3,606	3,604	3,428
Inventories, net	603	617	642	640	624	612	593	605	625	557
Other Current Assets	1,082	980	1,030	1,061	1,034	976	1,007	1,085	1,439	1,385
Plant, Property, & Equipment, net	692	719	719	715	708	727	713	708	721	701
Total Noncurrent Assets	2,821	2,957	2,973	3,003	2,933	2,990	2,940	2,912	3,045	2,945
Goodwill	1,448	1,567	1,570	1,579	1,547	1,588	1,575	1,553	1,630	1,548
Intangible Assets	346	369	360	355	336	335	343	330	330	311
Noncurrent Deferred & Refundable Income Taxes	290	285	281	284	290	323	303	302	315	302
Other Noncurrent Operating Assets	737	736	762	785	760	744	719	727	770	784
Total Liabilities & Shareholders' Equity	9,342	9,819	9,845	10,135	10,390	10,117	9,791	9,858	10,261	11,316
Total Liabilities	14,075	14,483	14,483	14,760	15,000	14,837	14,607	14,740	15,041	16,044
Total Current Liabilities	5,992	6,843	6,823	7,158	6,749	6,479	6,318	7,895	8,097	7,749
Short-Term Debt	103	670	646	746	585	32	35	1,656	1,667	1,351
Accounts Payable	1,521	1,717	1,515	1,744	1,655	1,878	1,641	1,716	1,779	1,879
Accrued Expenses	1,662	1,794	1,679	1,779	1,725	1,873	1,691	1,719	1,864	1,921
Other Current Liabilities	2,706	2,662	2,983	2,889	2,784	2,696	2,951	2,804	2,787	2,598
Total Noncurrent Liabilities	8,083	7,640	7,660	7,602	8,251	8,358	8,289	6,845	6,944	8,295
Long-Term Debt	6,459	6,098	6,116	6,117	6,822	6,866	6,846	5,526	5,596	6,973
Noncurrent Deferred & Payable Income Tax Liabilities	244	279	278	278	258	245	255	206	215	207
Noncurrent Employee Benefit Liabilities	505	392	391	398	390	462	452	445	462	434
Other Noncurrent Operating Liabilities	875	871	875	809	781	785	736	668	671	681
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	128	135	129	126	123	135	124	52	55	57
Total Equity & Noncontrolling Interests	-4,861	-4,799	-4,767	-4,751	-4,733	-4,855	-4,940	-4,934	-4,835	-4,785
Total Preferred & Common Equity	-4,913	-4,870	-4,857	-4,852	-4,788	-4,924	-5,024	-5,046	-4,901	-4,848
Total Common Equity	-4,913	-4,870	-4,857	-4,852	-4,788	-4,924	-5,024	-5,046	-4,901	-4,848
Common Stock	134	162	172	183	198	213	210	230	245	265
Retained Earnings	-3,042	-2,865	-2,653	-2,419	-2,183	-2,005	-1,794	-1,538	-1,153	-978
Treasury Stock	-1,425	-1,575	-1,750	-1,927	-2,155	-2,382	-2,684	-2,987	-3,189	-3,390
Accumulated Other Comprehensive Income / (Loss)	-580	-592	-626	-689	-648	-750	-756	-751	-804	-745
Noncontrolling Interest	52	71	90	101	55	69	84	112	66	63

This table displays calculated financial ratios and metrics derived from Otis Worldwide's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	1.57%	-2.76%	12.09%	-4.29%	3.83%	0.37%
EBITDA Growth	0.00%	-2.03%	-10.01%	26.10%	-3.39%	6.84%	-7.79%
EBIT Growth	0.00%	-1.70%	-11.59%	28.41%	-3.15%	7.39%	-7.93%
NOPAT Growth	0.00%	5.29%	-7.25%	33.26%	-3.43%	9.37%	5.91%
Net Income Growth	0.00%	4.71%	-16.65%	34.47%	-3.59%	9.42%	15.75%
EPS Growth	0.00%	5.37%	-18.43%	38.94%	2.42%	14.53%	20.06%
Operating Cash Flow Growth	0.00%	-5.23%	0.75%	18.24%	-10.86%	4.29%	-3.93%
Free Cash Flow Firm Growth	0.00%	0.00%	248.56%	52.11%	-18.04%	18.22%	-18.95%
Invested Capital Growth	0.00%	0.00%	4.79%	-15.47%	12.41%	-1.20%	43.36%
Revenue Q/Q Growth	0.00%	0.00%	1.11%	0.53%	-0.94%	1.29%	0.39%
EBITDA Q/Q Growth	0.00%	0.00%	0.50%	2.54%	-0.22%	1.24%	0.60%
EBIT Q/Q Growth	0.00%	0.00%	0.18%	2.79%	0.00%	1.25%	0.65%
NOPAT Q/Q Growth	0.00%	0.00%	5.39%	2.34%	-0.08%	2.11%	0.68%
Net Income Q/Q Growth	0.00%	0.00%	2.42%	2.23%	0.59%	1.77%	0.52%
EPS Q/Q Growth	0.00%	0.00%	4.52%	2.85%	1.72%	2.73%	1.50%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-8.92%	-1.80%	13.62%	8.90%	6.33%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-2.33%	-1.73%	34.61%	9.53%
Invested Capital Q/Q Growth	0.00%	0.00%	3.10%	14.65%	16.12%	-22.14%	-21.74%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	28.85%	29.17%	29.63%	29.33%	28.64%	29.51%	29.85%
EBITDA Margin	16.02%	15.45%	14.30%	16.09%	16.24%	16.71%	15.35%
Operating Margin	14.21%	13.83%	12.85%	14.74%	14.86%	15.38%	14.08%
EBIT Margin	14.55%	14.08%	12.80%	14.67%	14.84%	15.35%	14.08%
Profit (Net Income) Margin	9.37%	9.66%	8.28%	9.93%	10.00%	10.54%	12.16%
Tax Burden Percent	63.92%	68.08%	69.89%	72.41%	72.51%	73.76%	85.04%
Interest Burden Percent	100.75%	100.76%	92.53%	93.51%	92.96%	93.12%	101.54%
Effective Tax Rate	36.08%	31.92%	30.11%	27.59%	27.49%	26.24%	14.96%
Return on Invested Capital (ROIC)	0.00%	268.77%	121.73%	171.80%	170.52%	177.28%	155.24%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	264.22%	115.24%	169.13%	168.28%	175.23%	155.69%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-159.83%	-363.10%	-217.72%	-206.32%	-209.20%	-191.95%
Return on Equity (ROE)	0.00%	108.94%	-241.37%	-45.92%	-35.80%	-31.93%	-36.71%
Cash Return on Invested Capital (CROIC)	0.00%	68.77%	117.05%	188.57%	158.84%	178.49%	119.60%
Operating Return on Assets (OROA)	0.00%	19.07%	16.01%	18.24%	18.38%	21.88%	18.74%
Return on Assets (ROA)	0.00%	13.08%	10.35%	12.35%	12.39%	15.03%	16.18%
Return on Common Equity (ROCE)	0.00%	79.62%	-596.39%	-55.58%	-39.77%	-33.32%	-37.96%
Return on Equity Simple (ROE_SIMPLE)	0.00%	74.53%	-27.34%	-39.17%	-28.11%	-30.42%	-35.77%
Net Operating Profit after Tax (NOPAT)	1,173	1,235	1,145	1,526	1,474	1,612	1,708
NOPAT Margin	9.08%	9.41%	8.98%	10.68%	10.77%	11.35%	11.97%
Net Nonoperating Expense Percent (NNEP)	0.00%	4.55%	6.49%	2.67%	2.24%	2.04%	-0.45%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	74.87%	78.92%	48.25%
Cost of Revenue to Revenue	71.15%	70.83%	70.37%	70.67%	71.36%	70.49%	70.15%
SG&A Expenses to Revenue	13.43%	13.80%	15.08%	13.62%	12.88%	13.26%	13.05%
R&D to Revenue	1.40%	1.24%	1.19%	1.11%	1.10%	1.01%	1.07%
Operating Expenses to Revenue	14.64%	15.34%	16.78%	14.58%	13.79%	14.12%	15.77%
Earnings before Interest and Taxes (EBIT)	1,879	1,847	1,633	2,097	2,031	2,181	2,008
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,069	2,027	1,824	2,300	2,222	2,374	2,189
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	2.17	2.48	2.31	2.54	2.59
Price to Earnings (P/E)	0.00	0.00	30.61	28.46	25.23	25.63	22.49
Dividend Yield	0.00%	0.00%	0.94%	1.10%	1.46%	1.49%	1.63%
Earnings Yield	0.00%	0.00%	3.27%	3.51%	3.96%	3.90%	4.45%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	33.81	49.02	40.87	46.31	33.29
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	2.55	2.79	2.73	2.95	3.02
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	17.85	17.35	16.83	17.64	19.71
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	19.94	19.03	18.41	19.20	21.48
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	28.43	26.14	25.37	25.97	25.26
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	22.00	22.80	23.97	25.73	27.60
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	29.56	23.82	27.24	25.79	32.79
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	0.02	-1.86	-2.44	-1.45	-1.46	-1.76
Long-Term Debt to Equity	0.00	0.00	-1.64	-2.43	-1.31	-1.45	-1.47
Financial Leverage	0.00	-0.60	-3.15	-1.29	-1.23	-1.19	-1.23
Leverage Ratio	0.00	4.16	-23.31	-3.72	-2.89	-2.12	-2.27
Compound Leverage Factor	0.00	4.20	-21.57	-3.48	-2.69	-1.98	-2.30
Debt to Total Capital	0.00%	1.65%	215.89%	169.57%	321.67%	316.71%	231.48%
Short-Term Debt to Total Capital	0.00%	1.44%	25.38%	0.56%	31.84%	1.47%	37.57%
Long-Term Debt to Total Capital	0.00%	0.21%	190.51%	169.01%	289.83%	315.24%	193.91%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	26.47%	23.93%	14.95%	9.79%	9.37%	3.34%
Common Equity to Total Capital	0.00%	71.88%	-139.83%	-84.52%	-231.46%	-226.08%	-134.82%
Debt to EBITDA	0.00	0.02	3.27	3.16	3.05	2.91	3.80
Net Debt to EBITDA	0.00	-0.69	2.28	1.65	2.51	2.37	2.75
Long-Term Debt to EBITDA	0.00	0.00	2.88	3.15	2.74	2.89	3.19
Debt to NOPAT	0.00	0.03	5.21	4.76	4.59	4.28	4.87
Net Debt to NOPAT	0.00	-1.14	3.64	2.49	3.78	3.49	3.53
Long-Term Debt to NOPAT	0.00	0.00	4.59	4.75	4.14	4.26	4.08
Altman Z-Score	0.00	0.00	2.46	3.06	2.89	3.29	3.10
Noncontrolling Interest Sharing Ratio	0.00%	26.91%	-147.09%	-21.05%	-11.07%	-4.37%	-3.43%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	1.05	0.97	1.32	0.90	0.99	0.99
Quick Ratio	0.00	0.80	0.74	0.77	0.66	0.74	0.74
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	316	1,101	1,675	1,373	1,623	1,316
Operating Cash Flow to CapEx	901.16%	1,013.10%	808.74%	1,121.79%	1,356.52%	1,178.99%	1,240.48%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	9.03	12.32	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	12.13	12.87	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	10.63	11.72	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	1.35	1.25	1.24	1.24	1.43	1.33
Accounts Receivable Turnover	0.00	4.59	4.25	4.48	4.15	4.12	4.09
Inventory Turnover	0.00	16.27	14.60	15.78	15.76	16.30	17.12
Fixed Asset Turnover	0.00	18.19	17.06	18.47	18.33	19.65	19.97
Accounts Payable Turnover	0.00	6.98	6.45	6.72	5.97	5.57	5.33
Days Sales Outstanding (DSO)	0.00	79.61	85.97	81.43	87.87	88.56	89.14
Days Inventory Outstanding (DIO)	0.00	22.43	25.01	23.14	23.16	22.39	21.33
Days Payable Outstanding (DPO)	0.00	52.28	56.60	54.34	61.17	65.50	68.54
Cash Conversion Cycle (CCC)	0.00	49.75	54.38	50.23	49.86	45.45	41.93
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	919	963	814	915	904	1,296
Invested Capital Turnover	0.00	28.55	13.56	16.09	15.83	15.62	12.96
Increase / (Decrease) in Invested Capital	0.00	919	44	-149	101	-11	392
Enterprise Value (EV)	0.00	0.00	32,561	39,905	37,398	41,868	43,138
Market Capitalization	0.00	0.00	27,736	35,466	31,613	36,040	36,994
Book Value per Share	$0.00	$3.93	($8.92)	($8.53)	($11.69)	($12.03)	($12.14)
Tangible Book Value per Share	$0.00	($1.01)	($14.13)	($13.45)	($16.34)	($16.73)	($16.79)
Total Capital	0.00	2,365	2,762	4,289	2,104	2,178	3,596
Total Debt	0.00	39	5,963	7,273	6,768	6,898	8,324
Total Long-Term Debt	0.00	5.00	5,262	7,249	6,098	6,866	6,973
Net Debt	0.00	-1,407	4,164	3,798	5,579	5,624	6,024
Capital Expenditures (CapEx)	172	145	183	156	115	138	126
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-1,128	-1,278	-1,437	-1,219	-1,321	-1,028
Debt-free Net Working Capital (DFNWC)	0.00	318	521	2,038	-30	-47	1,272
Net Working Capital (NWC)	0.00	284	-180	2,014	-700	-79	-79
Net Nonoperating Expense (NNE)	-37	-32	89	106	105	114	-26
Net Nonoperating Obligations (NNO)	0.00	-1,407	4,164	3,798	5,579	5,624	6,024
Total Depreciation and Amortization (D&A)	190	180	191	203	191	193	181
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-8.60%	-10.02%	-10.05%	-8.91%	-9.30%	-7.21%
Debt-free Net Working Capital to Revenue	0.00%	2.42%	4.08%	14.25%	-0.22%	-0.33%	8.92%
Net Working Capital to Revenue	0.00%	2.17%	-1.41%	14.09%	-5.12%	-0.56%	-0.55%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$2.09	$2.91	$2.98	$3.42	$4.10
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	433.20M	427.70M	420M	411.40M	401.70M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$2.08	$2.89	$2.96	$3.39	$4.07
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	434.60M	431.40M	423M	414.60M	404.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	433.67M	424.96M	414.87M	405.45M	396.52M
Normalized Net Operating Profit after Tax (NOPAT)	1,173	1,235	1,145	1,526	1,474	1,612	1,708
Normalized NOPAT Margin	9.08%	9.41%	8.98%	10.68%	10.77%	11.35%	11.97%
Pre Tax Income Margin	14.66%	14.19%	11.85%	13.72%	13.80%	14.29%	14.30%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	13.39	15.42	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	9.39	11.22	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	11.89	14.27	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	7.89	10.08	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	14.30%	12.87%	38.73%	38.59%	42.59%	41.66%	40.37%
Augmented Payout Ratio	14.30%	12.87%	38.73%	89.65%	104.67%	95.06%	98.44%

This table displays calculated financial ratios and metrics derived from Otis Worldwide's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-7.62%	-3.64%	-1.99%	6.65%	5.35%	5.26%	2.72%	-3.20%	0.71%	1.52%
EBITDA Growth	-2.37%	-0.92%	-2.44%	17.94%	7.12%	5.40%	5.00%	-3.01%	-33.55%	2.30%
EBIT Growth	-2.22%	0.00%	-2.47%	19.14%	8.14%	5.50%	6.04%	-1.38%	-36.60%	2.51%
NOPAT Growth	-7.31%	-0.24%	-0.92%	15.90%	12.89%	9.70%	8.16%	8.26%	-6.85%	3.09%
Net Income Growth	-7.65%	2.58%	-0.28%	16.95%	12.86%	8.18%	6.25%	10.57%	41.01%	2.62%
EPS Growth	0.00%	7.69%	8.22%	18.42%	18.18%	12.86%	8.86%	13.33%	47.25%	7.59%
Operating Cash Flow Growth	-32.68%	67.51%	-44.84%	26.35%	28.03%	28.66%	-38.49%	-30.94%	28.76%	15.58%
Free Cash Flow Firm Growth	-52.71%	-50.88%	-77.84%	-60.53%	-82.88%	60.00%	139.62%	12.74%	-296.43%	-101.01%
Invested Capital Growth	10.99%	12.41%	38.32%	45.36%	47.34%	-1.20%	17.28%	33.27%	42.64%	43.36%
Revenue Q/Q Growth	-4.13%	2.84%	-2.70%	11.18%	-5.30%	2.75%	-5.06%	4.77%	-1.47%	3.58%
EBITDA Q/Q Growth	7.66%	-6.77%	4.28%	12.68%	-2.22%	-8.27%	3.89%	4.08%	-33.01%	41.22%
EBIT Q/Q Growth	8.64%	-7.01%	4.48%	12.87%	-1.38%	-9.28%	5.02%	4.96%	-36.60%	46.69%
NOPAT Q/Q Growth	-0.06%	-8.63%	9.63%	15.77%	-2.66%	-11.20%	8.09%	15.87%	-16.25%	-1.73%
Net Income Q/Q Growth	0.57%	-9.14%	10.69%	15.63%	-2.95%	-12.91%	8.72%	20.32%	23.78%	-36.62%
EPS Q/Q Growth	1.32%	-9.09%	12.86%	13.92%	1.11%	-13.19%	8.86%	18.60%	31.37%	-36.57%
Operating Cash Flow Q/Q Growth	-32.29%	94.14%	-40.09%	60.43%	-31.39%	95.10%	-71.36%	80.12%	27.92%	75.13%
Free Cash Flow Firm Q/Q Growth	-0.07%	-18.62%	-59.86%	20.92%	-56.65%	660.36%	-39.89%	-43.11%	-175.54%	96.08%
Invested Capital Q/Q Growth	12.41%	16.12%	10.05%	1.19%	13.94%	-22.14%	30.64%	14.99%	21.94%	-21.74%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.04%	27.92%	29.77%	29.11%	29.69%	29.50%	29.91%	29.96%	30.38%	29.17%
EBITDA Margin	17.22%	15.62%	16.74%	16.96%	17.51%	15.64%	17.11%	17.00%	11.56%	15.76%
Operating Margin	15.82%	14.28%	15.33%	15.59%	16.21%	14.42%	15.83%	15.83%	10.23%	14.45%
EBIT Margin	15.79%	14.28%	15.33%	15.56%	16.21%	14.31%	15.83%	15.86%	10.20%	14.45%
Profit (Net Income) Margin	10.47%	9.25%	10.52%	10.94%	11.21%	9.50%	10.88%	12.50%	15.70%	9.61%
Tax Burden Percent	70.99%	69.89%	73.33%	75.09%	74.25%	72.12%	74.80%	82.72%	108.79%	73.08%
Interest Burden Percent	93.37%	92.67%	93.57%	93.61%	93.17%	92.08%	91.91%	95.27%	141.44%	90.96%
Effective Tax Rate	29.01%	30.11%	26.67%	24.91%	25.75%	27.88%	25.20%	17.28%	-8.79%	26.92%
Return on Invested Capital (ROIC)	207.15%	157.96%	176.48%	188.54%	173.23%	162.47%	154.75%	156.23%	112.26%	136.91%
ROIC Less NNEP Spread (ROIC-NNEP)	206.61%	157.42%	175.96%	188.02%	172.72%	161.89%	154.19%	155.87%	114.92%	136.30%
Return on Net Nonoperating Assets (RNNOA)	-245.46%	-193.01%	-216.25%	-222.51%	-208.75%	-193.27%	-189.87%	-194.84%	-149.39%	-168.04%
Return on Equity (ROE)	-38.31%	-35.05%	-39.76%	-33.97%	-35.52%	-30.80%	-35.12%	-38.61%	-37.13%	-31.14%
Cash Return on Invested Capital (CROIC)	186.57%	158.84%	137.37%	141.00%	123.75%	178.49%	134.28%	112.85%	85.28%	119.60%
Operating Return on Assets (OROA)	22.02%	17.68%	19.30%	21.50%	23.05%	20.40%	23.05%	22.49%	14.04%	19.23%
Return on Assets (ROA)	14.60%	11.45%	13.24%	15.12%	15.94%	13.55%	15.85%	17.73%	21.60%	12.78%
Return on Common Equity (ROCE)	-42.16%	-38.93%	-51.87%	-35.68%	-36.88%	-32.15%	-36.71%	-40.20%	-38.31%	-32.20%
Return on Equity Simple (ROE_SIMPLE)	-27.70%	0.00%	-28.17%	-29.41%	-30.74%	0.00%	-30.25%	-30.98%	-35.20%	0.00%
Net Operating Profit after Tax (NOPAT)	376	343	376	436	424	376	407	472	395	388
NOPAT Margin	11.23%	9.98%	11.24%	11.71%	12.03%	10.40%	11.84%	13.09%	11.13%	10.56%
Net Nonoperating Expense Percent (NNEP)	0.54%	0.54%	0.52%	0.51%	0.51%	0.58%	0.57%	0.36%	-2.66%	0.60%
Return On Investment Capital (ROIC_SIMPLE)	-	17.43%	-	-	-	18.43%	-	-	-	10.97%
Cost of Revenue to Revenue	70.96%	72.08%	70.23%	70.89%	70.31%	70.50%	70.09%	70.04%	69.62%	70.83%
SG&A Expenses to Revenue	12.47%	13.03%	13.60%	12.88%	12.83%	13.76%	13.44%	12.47%	12.82%	13.47%
R&D to Revenue	1.11%	1.11%	1.05%	0.97%	1.02%	1.02%	1.05%	1.08%	1.13%	1.01%
Operating Expenses to Revenue	13.22%	13.64%	14.44%	13.52%	13.48%	15.08%	14.08%	14.14%	20.15%	14.72%
Earnings before Interest and Taxes (EBIT)	528	491	513	579	571	518	544	571	362	531
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	576	537	560	631	617	566	588	612	410	579
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.88	2.31	2.51	2.60	2.32	2.54	2.82	2.73	2.93	2.59
Price to Earnings (P/E)	21.01	25.23	26.85	27.15	23.58	25.63	28.22	26.42	25.53	22.49
Dividend Yield	1.71%	1.46%	1.41%	1.39%	1.59%	1.49%	1.38%	1.47%	1.40%	1.63%
Earnings Yield	4.76%	3.96%	3.72%	3.68%	4.24%	3.90%	3.54%	3.79%	3.92%	4.45%
Enterprise Value to Invested Capital (EV/IC)	40.21	40.87	39.77	41.15	33.15	46.31	39.37	33.26	29.10	33.29
Enterprise Value to Revenue (EV/Rev)	2.29	2.73	2.94	3.03	2.74	2.95	3.25	3.18	3.39	3.02
Enterprise Value to EBITDA (EV/EBITDA)	14.23	16.83	18.14	18.20	16.41	17.64	19.36	18.95	22.15	19.71
Enterprise Value to EBIT (EV/EBIT)	15.60	18.41	19.84	19.86	17.87	19.20	21.02	20.49	24.16	21.48
Enterprise Value to NOPAT (EV/NOPAT)	21.48	25.37	27.23	27.39	24.38	25.97	28.30	26.88	28.41	25.26
Enterprise Value to Operating Cash Flow (EV/OCF)	23.08	23.97	30.02	29.38	25.76	25.73	30.59	32.68	32.78	27.60
Enterprise Value to Free Cash Flow (EV/FCFF)	22.68	27.24	33.60	34.58	31.92	25.79	31.65	33.67	40.12	32.79
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.39	-1.45	-1.46	-1.48	-1.61	-1.46	-1.43	-1.47	-1.52	-1.76
Long-Term Debt to Equity	-1.36	-1.31	-1.32	-1.32	-1.48	-1.45	-1.42	-1.13	-1.17	-1.47
Financial Leverage	-1.19	-1.23	-1.23	-1.18	-1.21	-1.19	-1.23	-1.25	-1.30	-1.23
Leverage Ratio	-2.49	-2.89	-2.86	-2.14	-2.11	-2.12	-2.08	-2.10	-2.20	-2.27
Compound Leverage Factor	-2.32	-2.68	-2.67	-2.00	-1.97	-1.96	-1.91	-2.00	-3.11	-2.06
Debt to Total Capital	358.78%	321.67%	318.36%	306.66%	264.82%	316.71%	333.22%	312.26%	292.51%	231.48%
Short-Term Debt to Total Capital	5.63%	31.84%	30.41%	33.33%	20.92%	1.47%	1.69%	72.00%	67.14%	37.57%
Long-Term Debt to Total Capital	353.14%	289.83%	287.95%	273.32%	243.90%	315.24%	331.53%	240.26%	225.37%	193.91%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	9.84%	9.79%	10.31%	10.14%	6.36%	9.37%	10.07%	7.13%	4.87%	3.34%
Common Equity to Total Capital	-268.62%	-231.46%	-228.67%	-216.80%	-171.18%	-226.08%	-243.29%	-219.39%	-197.38%	-134.82%
Debt to EBITDA	2.95	3.05	3.06	2.98	3.16	2.91	2.86	3.01	3.34	3.80
Net Debt to EBITDA	2.48	2.51	2.56	2.45	2.46	2.37	2.50	2.62	2.96	2.75
Long-Term Debt to EBITDA	2.90	2.74	2.77	2.65	2.91	2.89	2.85	2.32	2.57	3.19
Debt to NOPAT	4.45	4.59	4.60	4.48	4.69	4.28	4.19	4.27	4.28	4.87
Net Debt to NOPAT	3.74	3.78	3.84	3.69	3.65	3.49	3.65	3.71	3.79	3.53
Long-Term Debt to NOPAT	4.38	4.14	4.16	4.00	4.32	4.26	4.17	3.29	3.30	4.08
Altman Z-Score	2.30	2.37	2.51	2.60	2.54	2.74	3.02	2.79	2.82	2.67
Noncontrolling Interest Sharing Ratio	-10.06%	-11.07%	-30.44%	-5.03%	-3.83%	-4.37%	-4.52%	-4.11%	-3.18%	-3.43%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.97	0.90	0.90	0.90	1.00	0.99	0.97	0.79	0.80	0.99
Quick Ratio	0.69	0.66	0.66	0.66	0.75	0.74	0.72	0.58	0.55	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	298	242	97	118	51	387	233	133	-100	-3.92
Operating Cash Flow to CapEx	995.83%	1,364.71%	1,112.00%	1,205.41%	900.00%	1,421.43%	551.61%	1,283.33%	1,231.25%	1,769.23%
Free Cash Flow to Firm to Interest Expense	8.50	0.00	2.95	0.00	0.00	0.00	5.29	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	6.83	0.00	8.42	0.00	0.00	0.00	3.89	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	6.14	0.00	7.67	0.00	0.00	0.00	3.18	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.39	1.24	1.26	1.38	1.42	1.43	1.46	1.42	1.38	1.33
Accounts Receivable Turnover	4.37	4.15	4.11	4.14	4.28	4.12	4.08	3.99	4.02	4.09
Inventory Turnover	15.95	15.76	15.31	15.92	16.21	16.30	16.32	16.00	15.94	17.12
Fixed Asset Turnover	18.83	18.33	18.45	19.25	20.04	19.65	19.97	19.93	19.88	19.97
Accounts Payable Turnover	6.17	5.97	6.42	5.86	6.26	5.57	6.38	5.76	5.80	5.33
Days Sales Outstanding (DSO)	83.49	87.87	88.80	88.11	85.32	88.56	89.57	91.41	90.68	89.14
Days Inventory Outstanding (DIO)	22.89	23.16	23.84	22.93	22.52	22.39	22.37	22.81	22.90	21.33
Days Payable Outstanding (DPO)	59.18	61.17	56.82	62.32	58.29	65.50	57.17	63.40	62.97	68.54
Cash Conversion Cycle (CCC)	47.20	49.86	55.83	48.71	49.54	45.45	54.77	50.82	50.62	41.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	788	915	1,007	1,019	1,161	904	1,181	1,358	1,656	1,296
Invested Capital Turnover	18.44	15.83	15.70	16.10	14.40	15.62	13.07	11.93	10.09	12.96
Increase / (Decrease) in Invested Capital	78	101	279	318	373	-11	174	339	495	392
Enterprise Value (EV)	31,687	37,398	40,045	41,929	38,490	41,868	46,500	45,161	48,191	43,138
Market Capitalization	25,986	31,613	34,181	36,058	32,541	36,040	40,295	38,757	41,634	36,994
Book Value per Share	($11.69)	($11.69)	($11.71)	($11.74)	($11.63)	($12.03)	($12.40)	($12.48)	($12.24)	($12.14)
Tangible Book Value per Share	($15.96)	($16.34)	($16.36)	($16.42)	($16.20)	($16.73)	($17.13)	($17.14)	($17.13)	($16.79)
Total Capital	1,829	2,104	2,124	2,238	2,797	2,178	2,065	2,300	2,483	3,596
Total Debt	6,562	6,768	6,762	6,863	7,407	6,898	6,881	7,182	7,263	8,324
Total Long-Term Debt	6,459	6,098	6,116	6,117	6,822	6,866	6,846	5,526	5,596	6,973
Net Debt	5,521	5,579	5,645	5,644	5,771	5,624	5,997	6,240	6,436	6,024
Capital Expenditures (CapEx)	24	34	25	37	34	42	31	24	32	39
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,101	-1,219	-1,141	-1,214	-1,051	-1,321	-1,029	-943	-762	-1,028
Debt-free Net Working Capital (DFNWC)	-60	-30	-24	5.00	585	-47	-145	-1.00	65	1,272
Net Working Capital (NWC)	-163	-700	-670	-741	0.00	-79	-180	-1,657	-1,602	-79
Net Nonoperating Expense (NNE)	26	25	24	29	29	32	33	22	-162	35
Net Nonoperating Obligations (NNO)	5,521	5,579	5,645	5,644	5,771	5,624	5,997	6,240	6,436	6,024
Total Depreciation and Amortization (D&A)	48	46	47	52	46	48	44	41	48	48
Debt-free, Cash-free Net Working Capital to Revenue	-7.97%	-8.91%	-8.38%	-8.77%	-7.49%	-9.30%	-7.20%	-6.65%	-5.36%	-7.21%
Debt-free Net Working Capital to Revenue	-0.43%	-0.22%	-0.18%	0.04%	4.17%	-0.33%	-1.01%	-0.01%	0.46%	8.92%
Net Working Capital to Revenue	-1.18%	-5.12%	-4.92%	-5.35%	0.00%	-0.56%	-1.26%	-11.68%	-11.28%	-0.55%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.77	$0.72	$0.80	$0.91	$0.92	$0.79	$0.87	$1.03	$1.35	$0.85
Adjusted Weighted Average Basic Shares Outstanding	418.50M	420M	414.30M	412.70M	410.80M	411.40M	405.20M	402.90M	400.20M	401.70M
Adjusted Diluted Earnings per Share	$0.77	$0.70	$0.79	$0.90	$0.91	$0.79	$0.86	$1.02	$1.34	$0.85
Adjusted Weighted Average Diluted Shares Outstanding	421.20M	423M	417.80M	416M	413.70M	414.60M	408.10M	405.50M	402.70M	404.40M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	416.59M	414.87M	413.29M	411.74M	409.26M	405.45M	404.32M	400.55M	399.46M	396.52M
Normalized Net Operating Profit after Tax (NOPAT)	376	343	376	436	424	376	407	472	254	388
Normalized NOPAT Margin	11.23%	9.98%	11.24%	11.71%	12.03%	10.40%	11.84%	13.09%	7.16%	10.56%
Pre Tax Income Margin	14.74%	13.23%	14.35%	14.57%	15.10%	13.18%	14.55%	15.11%	14.43%	13.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	15.09	0.00	15.55	0.00	0.00	0.00	12.36	0.00	0.00	0.00
NOPAT to Interest Expense	10.73	0.00	11.40	0.00	0.00	0.00	9.25	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	14.40	0.00	14.79	0.00	0.00	0.00	11.66	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	10.04	0.00	10.64	0.00	0.00	0.00	8.54	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	42.54%	42.59%	42.18%	41.63%	41.24%	41.66%	42.24%	41.84%	39.36%	40.37%
Augmented Payout Ratio	93.98%	104.67%	102.49%	97.69%	90.49%	95.06%	103.09%	109.02%	98.78%	98.44%

Frequently Asked Questions About Otis Worldwide's Financials

When does Otis Worldwide's fiscal year end?

According to the most recent income statement we have on file, Otis Worldwide's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Otis Worldwide's net income changed over the last 6 years?

Otis Worldwide's net income appears to be on an upward trend, with a most recent value of $1.73 billion in 2024, rising from $1.21 billion in 2018. The previous period was $1.50 billion in 2023.

What is Otis Worldwide's operating income?

Otis Worldwide's total operating income in 2024 was $2.01 billion, based on the following breakdown:

Total Gross Profit: $4.26 billion
Total Operating Expenses: $2.25 billion

How has Otis Worldwide revenue changed over the last 6 years?

Over the last 6 years, Otis Worldwide's total revenue changed from $12.92 billion in 2018 to $14.26 billion in 2024, a change of 10.4%.

How much debt does Otis Worldwide have?

Otis Worldwide's total liabilities were at $16.04 billion at the end of 2024, a 8.1% increase from 2023, and a 118.0% increase since 2019.

How much cash does Otis Worldwide have?

In the past 5 years, Otis Worldwide's cash and equivalents has ranged from $1.19 billion in 2022 to $2.30 billion in 2024, and is currently $2.30 billion as of their latest financial filing in 2024.

How has Otis Worldwide's book value per share changed over the last 6 years?

Over the last 6 years, Otis Worldwide's book value per share changed from 0.00 in 2018 to -12.14 in 2024, a change of -1,213.6%.

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This page (NYSE:OTIS) was last updated on 4/16/2025 by MarketBeat.com Staff

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Otis Worldwide (OTIS) Financials

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Otis Worldwide (OTIS) Financials

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