Otis Worldwide (OTIS) Financials

$98.18 -0.36 (-0.37%)

Closing price 05/20/2025 03:59 PM Eastern

Extended Trading

$98.08 -0.11 (-0.11%)

As of 08:05 AM 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	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Income / (Loss) Attributable to Common Shareholders	1,645	1,406	1,253	1,246	906	1,116	1,049
Consolidated Net Income / (Loss)	1,734	1,498	1,369	1,420	1,056	1,267	1,210
Net Income / (Loss) Continuing Operations	1,734	1,498	1,369	1,420	1,056	1,267	1,210
Total Pre-Tax Income	2,039	2,031	1,888	1,961	1,511	1,861	1,893
Total Operating Income	2,008	2,186	2,033	2,108	1,639	1,814	1,835
Total Gross Profit	4,257	4,193	3,920	4,193	3,779	3,826	3,726
Total Revenue	14,261	14,209	13,685	14,298	12,756	13,118	12,915
Operating Revenue	14,261	14,209	13,685	14,298	12,756	13,118	12,915
Total Cost of Revenue	10,004	10,016	9,765	10,105	8,977	9,292	9,189
Operating Cost of Revenue	10,004	10,016	9,765	10,105	8,977	9,292	9,189
Total Operating Expenses	2,249	2,007	1,887	2,085	2,140	2,012	1,891
Selling, General & Admin Expense	1,861	1,884	1,763	1,948	1,924	1,810	1,735
Research & Development Expense	152	144	150	159	152	163	181
Other Operating Expenses / (Income)	236	-21	-26	-22	64	39	-25
Total Other Income / (Expense), net	31	-155	-145	-147	-128	47	58
Interest & Investment Income	31	-150	-143	-	-	-	-
Other Income / (Expense), net	0.00	-5.00	-2.00	-11	-6.00	33	44
Income Tax Expense	305	533	519	541	455	594	683
Net Income / (Loss) Attributable to Noncontrolling Interest	89	92	116	174	150	151	161
Basic Earnings per Share	$4.10	$3.42	$2.98	$2.91	$2.09	$2.55	$2.42
Weighted Average Basic Shares Outstanding	401.70M	411.40M	420M	427.70M	433.20M	433.10M	433.10M
Diluted Earnings per Share	$4.07	$3.39	$2.96	$2.89	$2.08	$2.55	$2.42
Weighted Average Diluted Shares Outstanding	404.40M	414.60M	423M	431.40M	434.60M	433.10M	433.10M
Weighted Average Basic & Diluted Shares Outstanding	396.52M	405.45M	414.87M	424.96M	433.67M	-	-
Cash Dividends to Common per Share	$1.51	$1.31	$1.11	$0.92	$0.60	$0.00	$0.00

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	243	337	540	415	353	323	376	376	331	297	324
Consolidated Net Income / (Loss)	256	353	557	450	374	344	395	407	352	318	350
Net Income / (Loss) Continuing Operations	256	353	557	450	374	344	395	407	352	318	350
Total Pre-Tax Income	366	483	512	544	500	477	532	542	480	455	493
Total Operating Income	411	531	363	570	544	522	571	580	513	491	529
Total Gross Profit	1,001	1,072	1,078	1,079	1,028	1,068	1,046	1,083	996	960	971
Total Revenue	3,350	3,675	3,548	3,601	3,437	3,620	3,523	3,720	3,346	3,439	3,344
Operating Revenue	3,350	3,675	3,548	3,601	3,437	3,620	3,523	3,720	3,346	3,439	3,344
Total Cost of Revenue	2,349	2,603	2,470	2,522	2,409	2,552	2,477	2,637	2,350	2,479	2,373
Operating Cost of Revenue	2,349	2,603	2,470	2,522	2,409	2,552	2,477	2,637	2,350	2,479	2,373
Total Operating Expenses	590	541	715	509	484	546	475	503	483	469	442
Selling, General & Admin Expense	464	495	455	449	462	498	452	479	455	448	417
Research & Development Expense	37	37	40	39	36	37	36	36	35	38	37
Other Operating Expenses / (Income)	89	9.00	220	21	-14	11	-13	-12	-7.00	-17	-12
Total Other Income / (Expense), net	-45	-48	149	-26	-44	-45	-39	-38	-33	-36	-36
Interest & Investment Income	-45	-	150	-27	-	-	-39	-37	-	-	-
Other Income / (Expense), net	0.00	-	-1.00	1.00	0.00	-4.00	0.00	-1.00	0.00	-	-1.00
Income Tax Expense	110	130	-45	94	126	133	137	135	128	137	143
Net Income / (Loss) Attributable to Noncontrolling Interest	13	16	17	35	21	21	19	31	21	21	26
Basic Earnings per Share	$0.61	$0.85	$1.35	$1.03	$0.87	$0.79	$0.92	$0.91	$0.80	$0.72	$0.77
Weighted Average Basic Shares Outstanding	396.60M	401.70M	400.20M	402.90M	405.20M	411.40M	410.80M	412.70M	414.30M	420M	418.50M
Diluted Earnings per Share	$0.61	$0.85	$1.34	$1.02	$0.86	$0.79	$0.91	$0.90	$0.79	$0.70	$0.77
Weighted Average Diluted Shares Outstanding	399.10M	404.40M	402.70M	405.50M	408.10M	414.60M	413.70M	416M	417.80M	423M	421.20M
Weighted Average Basic & Diluted Shares Outstanding	394.68M	396.52M	399.46M	400.55M	404.32M	405.45M	409.26M	411.74M	413.29M	414.87M	416.59M
Cash Dividends to Common per Share	$0.39	-	$0.39	$0.39	$0.34	-	$0.34	$0.34	$0.29	-	$0.29

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	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Change in Cash & Equivalents	1,041	85	-2,282	1,676	342	113	-148
Net Cash From Operating Activities	1,563	1,627	1,560	1,750	1,480	1,469	1,550
Net Cash From Continuing Operating Activities	1,563	1,615	1,560	1,750	1,480	1,469	1,550
Net Income / (Loss) Continuing Operations	1,734	1,498	1,369	1,420	1,056	1,267	1,210
Consolidated Net Income / (Loss)	1,734	1,498	1,369	1,420	1,056	1,267	1,210
Depreciation Expense	181	193	191	203	191	180	190
Non-Cash Adjustments To Reconcile Net Income	24	34	146	96	271	94	74
Changes in Operating Assets and Liabilities, net	-376	-110	-146	31	-38	-72	76
Net Cash From Investing Activities	-164	-183	-33	-89	-353	-203	-201
Net Cash From Continuing Investing Activities	-164	-183	-33	-89	-353	-203	-201
Purchase of Property, Plant & Equipment	-126	-138	-115	-156	-183	-145	-172
Acquisitions	-87	-36	-46	-80	-53	-47	-50
Purchase of Investments	49	-28	65	73	-69	-5.00	-
Divestitures	0.00	0.00	61	0.00	0.00	-	-
Sale and/or Maturity of Investments	-9.00	4.00	-7.00	40	-51	0.00	3.00
Other Investing Activities, net	9.00	15	9.00	34	3.00	-6.00	18
Net Cash From Financing Activities	-309	-1,350	-3,652	58	-844	-1,133	-1,497
Net Cash From Continuing Financing Activities	-309	-1,350	-3,652	58	-844	-1,133	-1,497
Repayment of Debt	-35	-560	-530	-547	-1,052	-4.00	-23
Repurchase of Common Equity	-1,007	-800	-850	-725	0.00	0.00	-
Payment of Dividends	-700	-624	-583	-548	-409	-163	-173
Issuance of Debt	1,508	634	113	1,878	6,947	6.00	11
Other Financing Activities, net	-75	0.00	-1,802	0.00	-6,330	-972	-1,312
Effect of Exchange Rate Changes	-49	-	-157	-43	59	-20	-
Cash Interest Paid	172	132	134	129	81	18	20
Cash Income Taxes Paid	586	546	562	552	561	632	607

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-392	1,489	-119	64	-393	-361	414	106	-74	153	-223
Net Cash From Operating Activities	190	690	394	308	171	597	306	446	278	464	239
Net Cash From Continuing Operating Activities	190	690	394	308	171	585	306	446	278	464	239
Net Income / (Loss) Continuing Operations	256	353	557	450	374	344	395	407	352	318	350
Consolidated Net Income / (Loss)	256	353	557	450	374	344	395	407	352	318	350
Depreciation Expense	42	48	48	41	44	48	46	52	47	46	48
Non-Cash Adjustments To Reconcile Net Income	43	35	-20	-1.00	10	-22	-1.00	34	23	73	-15
Changes in Operating Assets and Liabilities, net	-151	254	-191	-182	-257	215	-134	-47	-144	27	-144
Net Cash From Investing Activities	-161	46	-113	-18	-79	-51	-41	-70	-21	-95	72
Net Cash From Continuing Investing Activities	-161	46	-113	-18	-79	-51	-41	-70	-21	-95	72
Purchase of Property, Plant & Equipment	-34	-39	-32	-24	-31	-42	-34	-37	-25	-34	-24
Acquisitions	-36	-17	-30	-10	-30	-9.00	-7.00	-4.00	-16	-8.00	-10
Purchase of Investments	-93	96	-43	17	-21	-7.00	-8.00	-30	17	-56	43
Other Investing Activities, net	2.00	6.00	1.00	-1.00	3.00	1.00	10	1.00	3.00	3.00	2.00
Net Cash From Financing Activities	-428	793	-423	-212	-467	-932	167	-244	-341	-250	-465
Net Cash From Continuing Financing Activities	-428	793	-423	-212	-467	-932	167	-244	-341	-250	-465
Repayment of Debt	-7.00	-14	-	-2.00	-19	-536	-8.00	-11	-5.00	-2.00	-1.00
Repurchase of Common Equity	-253	-207	-200	-300	-300	-225	-225	-175	-175	-150	-300
Payment of Dividends	-157	-169	-225	-159	-147	-148	-200	-147	-129	-131	-187
Issuance of Debt	-11	1,183	2.00	320	3.00	-23	600	89	-32	33	23
Other Financing Activities, net	0.00	-	-	-71	-4.00	-	-	-	0.00	-	-
Effect of Exchange Rate Changes	7.00	-40	23	-14	-18	-	-18	-26	10	34	-69

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	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Total Assets	11,316	10,117	9,819	12,279	10,710	9,687
Total Current Assets	7,670	6,400	6,143	8,261	6,493	5,658
Cash & Equivalents	2,300	1,274	1,189	1,565	1,782	1,446
Accounts Receivable	3,428	3,538	3,357	3,232	3,148	2,861
Inventories, net	557	612	617	622	659	571
Other Current Assets	1,385	976	980	932	887	780
Plant, Property, & Equipment, net	701	727	719	774	774	721
Total Noncurrent Assets	2,945	2,990	2,957	3,244	3,443	3,308
Goodwill	1,548	1,588	1,567	1,667	1,773	1,647
Intangible Assets	311	335	369	419	484	490
Noncurrent Deferred & Refundable Income Taxes	302	323	285	335	334	373
Other Noncurrent Operating Assets	784	744	736	823	852	798
Total Liabilities & Shareholders' Equity	11,316	10,117	9,819	12,279	10,710	9,687
Total Liabilities	16,044	14,837	14,483	15,263	13,911	7,361
Total Current Liabilities	7,749	6,479	6,843	6,247	6,673	5,374
Short-Term Debt	1,351	32	670	24	701	34
Accounts Payable	1,879	1,878	1,717	1,556	1,453	1,331
Accrued Expenses	1,921	1,873	1,794	1,993	1,977	1,739
Other Current Liabilities	2,598	2,696	2,662	2,674	2,542	2,270
Total Noncurrent Liabilities	8,295	8,358	7,640	9,016	7,238	1,987
Long-Term Debt	6,973	6,866	6,098	7,249	5,262	5.00
Noncurrent Deferred & Payable Income Tax Liabilities	207	245	279	267	321	695
Noncurrent Employee Benefit Liabilities	434	462	392	558	654	590
Other Noncurrent Operating Liabilities	681	785	871	942	1,001	697
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	57	135	135	160	194	95
Total Equity & Noncontrolling Interests	-4,785	-4,855	-4,799	-3,144	-3,395	2,231
Total Preferred & Common Equity	-4,848	-4,924	-4,870	-3,625	-3,862	1,700
Total Common Equity	-4,848	-4,924	-4,870	-3,625	-3,862	1,700
Common Stock	265	213	162	119	59	0.00
Retained Earnings	-978	-2,005	-2,865	-2,256	-3,106	0.00
Treasury Stock	-3,390	-2,382	-1,575	-725	0.00	-
Accumulated Other Comprehensive Income / (Loss)	-745	-750	-592	-763	-815	-758
Noncontrolling Interest	63	69	71	481	467	531

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	11,178	11,316	10,261	9,858	9,791	10,117	10,390	10,135	9,845	9,819	9,342
Total Current Assets	7,435	7,670	6,495	6,238	6,138	6,400	6,749	6,417	6,153	6,143	5,829
Cash & Equivalents	1,918	2,300	827	942	884	1,274	1,636	1,219	1,117	1,189	1,034
Accounts Receivable	3,570	3,428	3,604	3,606	3,654	3,538	3,455	3,497	3,364	3,357	3,103
Inventories, net	586	557	625	605	593	612	624	640	642	617	603
Other Current Assets	1,361	1,385	1,439	1,085	1,007	976	1,034	1,061	1,030	980	1,082
Plant, Property, & Equipment, net	708	701	721	708	713	727	708	715	719	719	692
Total Noncurrent Assets	3,035	2,945	3,045	2,912	2,940	2,990	2,933	3,003	2,973	2,957	2,821
Goodwill	1,588	1,548	1,630	1,553	1,575	1,588	1,547	1,579	1,570	1,567	1,448
Intangible Assets	326	311	330	330	343	335	336	355	360	369	346
Noncurrent Deferred & Refundable Income Taxes	305	302	315	302	303	323	290	284	281	285	290
Other Noncurrent Operating Assets	816	784	770	727	719	744	760	785	762	736	737
Total Liabilities & Shareholders' Equity	11,178	11,316	10,261	9,858	9,791	10,117	10,390	10,135	9,845	9,819	9,342
Total Liabilities	16,169	16,044	15,041	14,740	14,607	14,837	15,000	14,760	14,483	14,483	14,075
Total Current Liabilities	7,892	7,749	8,097	7,895	6,318	6,479	6,749	7,158	6,823	6,843	5,992
Short-Term Debt	1,483	1,351	1,667	1,656	35	32	585	746	646	670	103
Accounts Payable	1,618	1,879	1,779	1,716	1,641	1,878	1,655	1,744	1,515	1,717	1,521
Accrued Expenses	1,921	1,921	1,864	1,719	1,691	1,873	1,725	1,779	1,679	1,794	1,662
Other Current Liabilities	2,870	2,598	2,787	2,804	2,951	2,696	2,784	2,889	2,983	2,662	2,706
Total Noncurrent Liabilities	8,277	8,295	6,944	6,845	8,289	8,358	8,251	7,602	7,660	7,640	8,083
Long-Term Debt	6,923	6,973	5,596	5,526	6,846	6,866	6,822	6,117	6,116	6,098	6,459
Noncurrent Deferred & Payable Income Tax Liabilities	217	207	215	206	255	245	258	278	278	279	244
Noncurrent Employee Benefit Liabilities	432	434	462	445	452	462	390	398	391	392	505
Other Noncurrent Operating Liabilities	705	681	671	668	736	785	781	809	875	871	875
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	62	57	55	52	124	135	123	126	129	135	128
Total Equity & Noncontrolling Interests	-5,053	-4,785	-4,835	-4,934	-4,940	-4,855	-4,733	-4,751	-4,767	-4,799	-4,861
Total Preferred & Common Equity	-5,128	-4,848	-4,901	-5,046	-5,024	-4,924	-4,788	-4,852	-4,857	-4,870	-4,913
Total Common Equity	-5,128	-4,848	-4,901	-5,046	-5,024	-4,924	-4,788	-4,852	-4,857	-4,870	-4,913
Common Stock	278	265	245	230	210	213	198	183	172	162	134
Retained Earnings	-889	-978	-1,153	-1,538	-1,794	-2,005	-2,183	-2,419	-2,653	-2,865	-3,042
Treasury Stock	-3,646	-3,390	-3,189	-2,987	-2,684	-2,382	-2,155	-1,927	-1,750	-1,575	-1,425
Accumulated Other Comprehensive Income / (Loss)	-871	-745	-804	-751	-756	-750	-648	-689	-626	-592	-580
Noncontrolling Interest	75	63	66	112	84	69	55	101	90	71	52

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

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.37%	3.83%	-4.29%	12.09%	-2.76%	1.57%	0.00%
EBITDA Growth	-7.79%	6.84%	-3.39%	26.10%	-10.01%	-2.03%	0.00%
EBIT Growth	-7.93%	7.39%	-3.15%	28.41%	-11.59%	-1.70%	0.00%
NOPAT Growth	5.91%	9.37%	-3.43%	33.26%	-7.25%	5.29%	0.00%
Net Income Growth	15.75%	9.42%	-3.59%	34.47%	-16.65%	4.71%	0.00%
EPS Growth	20.06%	14.53%	2.42%	38.94%	-18.43%	5.37%	0.00%
Operating Cash Flow Growth	-3.93%	4.29%	-10.86%	18.24%	0.75%	-5.23%	0.00%
Free Cash Flow Firm Growth	-18.95%	18.22%	-18.04%	52.11%	248.56%	0.00%	0.00%
Invested Capital Growth	43.36%	-1.20%	12.41%	-15.47%	4.79%	0.00%	0.00%
Revenue Q/Q Growth	0.39%	1.29%	-0.94%	0.53%	1.11%	0.00%	0.00%
EBITDA Q/Q Growth	0.60%	1.24%	-0.22%	2.54%	0.50%	0.00%	0.00%
EBIT Q/Q Growth	0.65%	1.25%	0.00%	2.79%	0.18%	0.00%	0.00%
NOPAT Q/Q Growth	0.68%	2.11%	-0.08%	2.34%	5.39%	0.00%	0.00%
Net Income Q/Q Growth	0.52%	1.77%	0.59%	2.23%	2.42%	0.00%	0.00%
EPS Q/Q Growth	1.50%	2.73%	1.72%	2.85%	4.52%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	6.33%	8.90%	13.62%	-1.80%	-8.92%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	9.53%	34.61%	-1.73%	-2.33%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-21.74%	-22.14%	16.12%	14.65%	3.10%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	29.85%	29.51%	28.64%	29.33%	29.63%	29.17%	28.85%
EBITDA Margin	15.35%	16.71%	16.24%	16.09%	14.30%	15.45%	16.02%
Operating Margin	14.08%	15.38%	14.86%	14.74%	12.85%	13.83%	14.21%
EBIT Margin	14.08%	15.35%	14.84%	14.67%	12.80%	14.08%	14.55%
Profit (Net Income) Margin	12.16%	10.54%	10.00%	9.93%	8.28%	9.66%	9.37%
Tax Burden Percent	85.04%	73.76%	72.51%	72.41%	69.89%	68.08%	63.92%
Interest Burden Percent	101.54%	93.12%	92.96%	93.51%	92.53%	100.76%	100.75%
Effective Tax Rate	14.96%	26.24%	27.49%	27.59%	30.11%	31.92%	36.08%
Return on Invested Capital (ROIC)	155.24%	177.28%	170.52%	171.80%	121.73%	268.77%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	155.69%	175.23%	168.28%	169.13%	115.24%	264.22%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-191.95%	-209.20%	-206.32%	-217.72%	-363.10%	-159.83%	0.00%
Return on Equity (ROE)	-36.71%	-31.93%	-35.80%	-45.92%	-241.37%	108.94%	0.00%
Cash Return on Invested Capital (CROIC)	119.60%	178.49%	158.84%	188.57%	117.05%	68.77%	0.00%
Operating Return on Assets (OROA)	18.74%	21.88%	18.38%	18.24%	16.01%	19.07%	0.00%
Return on Assets (ROA)	16.18%	15.03%	12.39%	12.35%	10.35%	13.08%	0.00%
Return on Common Equity (ROCE)	-37.96%	-33.32%	-39.77%	-55.58%	-596.39%	79.62%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-35.77%	-30.42%	-28.11%	-39.17%	-27.34%	74.53%	0.00%
Net Operating Profit after Tax (NOPAT)	1,708	1,612	1,474	1,526	1,145	1,235	1,173
NOPAT Margin	11.97%	11.35%	10.77%	10.68%	8.98%	9.41%	9.08%
Net Nonoperating Expense Percent (NNEP)	-0.45%	2.04%	2.24%	2.67%	6.49%	4.55%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	48.25%	78.92%	74.87%	-	-	-	-
Cost of Revenue to Revenue	70.15%	70.49%	71.36%	70.67%	70.37%	70.83%	71.15%
SG&A Expenses to Revenue	13.05%	13.26%	12.88%	13.62%	15.08%	13.80%	13.43%
R&D to Revenue	1.07%	1.01%	1.10%	1.11%	1.19%	1.24%	1.40%
Operating Expenses to Revenue	15.77%	14.12%	13.79%	14.58%	16.78%	15.34%	14.64%
Earnings before Interest and Taxes (EBIT)	2,008	2,181	2,031	2,097	1,633	1,847	1,879
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,189	2,374	2,222	2,300	1,824	2,027	2,069
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)	2.59	2.54	2.31	2.48	2.17	0.00	0.00
Price to Earnings (P/E)	22.49	25.63	25.23	28.46	30.61	0.00	0.00
Dividend Yield	1.63%	1.49%	1.46%	1.10%	0.94%	0.00%	0.00%
Earnings Yield	4.45%	3.90%	3.96%	3.51%	3.27%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	33.29	46.31	40.87	49.02	33.81	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	3.02	2.95	2.73	2.79	2.55	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	19.71	17.64	16.83	17.35	17.85	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	21.48	19.20	18.41	19.03	19.94	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	25.26	25.97	25.37	26.14	28.43	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	27.60	25.73	23.97	22.80	22.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	32.79	25.79	27.24	23.82	29.56	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	-1.76	-1.46	-1.45	-2.44	-1.86	0.02	0.00
Long-Term Debt to Equity	-1.47	-1.45	-1.31	-2.43	-1.64	0.00	0.00
Financial Leverage	-1.23	-1.19	-1.23	-1.29	-3.15	-0.60	0.00
Leverage Ratio	-2.27	-2.12	-2.89	-3.72	-23.31	4.16	0.00
Compound Leverage Factor	-2.30	-1.98	-2.69	-3.48	-21.57	4.20	0.00
Debt to Total Capital	231.48%	316.71%	321.67%	169.57%	215.89%	1.65%	0.00%
Short-Term Debt to Total Capital	37.57%	1.47%	31.84%	0.56%	25.38%	1.44%	0.00%
Long-Term Debt to Total Capital	193.91%	315.24%	289.83%	169.01%	190.51%	0.21%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	3.34%	9.37%	9.79%	14.95%	23.93%	26.47%	0.00%
Common Equity to Total Capital	-134.82%	-226.08%	-231.46%	-84.52%	-139.83%	71.88%	0.00%
Debt to EBITDA	3.80	2.91	3.05	3.16	3.27	0.02	0.00
Net Debt to EBITDA	2.75	2.37	2.51	1.65	2.28	-0.69	0.00
Long-Term Debt to EBITDA	3.19	2.89	2.74	3.15	2.88	0.00	0.00
Debt to NOPAT	4.87	4.28	4.59	4.76	5.21	0.03	0.00
Net Debt to NOPAT	3.53	3.49	3.78	2.49	3.64	-1.14	0.00
Long-Term Debt to NOPAT	4.08	4.26	4.14	4.75	4.59	0.00	0.00
Altman Z-Score	3.10	3.29	2.89	3.06	2.46	0.00	0.00
Noncontrolling Interest Sharing Ratio	-3.43%	-4.37%	-11.07%	-21.05%	-147.09%	26.91%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.99	0.99	0.90	1.32	0.97	1.05	0.00
Quick Ratio	0.74	0.74	0.66	0.77	0.74	0.80	0.00
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,316	1,623	1,373	1,675	1,101	316	0.00
Operating Cash Flow to CapEx	1,240.48%	1,178.99%	1,356.52%	1,121.79%	808.74%	1,013.10%	901.16%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	12.32	9.03	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	12.87	12.13	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	11.72	10.63	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	1.33	1.43	1.24	1.24	1.25	1.35	0.00
Accounts Receivable Turnover	4.09	4.12	4.15	4.48	4.25	4.59	0.00
Inventory Turnover	17.12	16.30	15.76	15.78	14.60	16.27	0.00
Fixed Asset Turnover	19.97	19.65	18.33	18.47	17.06	18.19	0.00
Accounts Payable Turnover	5.33	5.57	5.97	6.72	6.45	6.98	0.00
Days Sales Outstanding (DSO)	89.14	88.56	87.87	81.43	85.97	79.61	0.00
Days Inventory Outstanding (DIO)	21.33	22.39	23.16	23.14	25.01	22.43	0.00
Days Payable Outstanding (DPO)	68.54	65.50	61.17	54.34	56.60	52.28	0.00
Cash Conversion Cycle (CCC)	41.93	45.45	49.86	50.23	54.38	49.75	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	1,296	904	915	814	963	919	0.00
Invested Capital Turnover	12.96	15.62	15.83	16.09	13.56	28.55	0.00
Increase / (Decrease) in Invested Capital	392	-11	101	-149	44	919	0.00
Enterprise Value (EV)	43,138	41,868	37,398	39,905	32,561	0.00	0.00
Market Capitalization	36,994	36,040	31,613	35,466	27,736	0.00	0.00
Book Value per Share	($12.14)	($12.03)	($11.69)	($8.53)	($8.92)	$3.93	$0.00
Tangible Book Value per Share	($16.79)	($16.73)	($16.34)	($13.45)	($14.13)	($1.01)	$0.00
Total Capital	3,596	2,178	2,104	4,289	2,762	2,365	0.00
Total Debt	8,324	6,898	6,768	7,273	5,963	39	0.00
Total Long-Term Debt	6,973	6,866	6,098	7,249	5,262	5.00	0.00
Net Debt	6,024	5,624	5,579	3,798	4,164	-1,407	0.00
Capital Expenditures (CapEx)	126	138	115	156	183	145	172
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,028	-1,321	-1,219	-1,437	-1,278	-1,128	0.00
Debt-free Net Working Capital (DFNWC)	1,272	-47	-30	2,038	521	318	0.00
Net Working Capital (NWC)	-79	-79	-700	2,014	-180	284	0.00
Net Nonoperating Expense (NNE)	-26	114	105	106	89	-32	-37
Net Nonoperating Obligations (NNO)	6,024	5,624	5,579	3,798	4,164	-1,407	0.00
Total Depreciation and Amortization (D&A)	181	193	191	203	191	180	190
Debt-free, Cash-free Net Working Capital to Revenue	-7.21%	-9.30%	-8.91%	-10.05%	-10.02%	-8.60%	0.00%
Debt-free Net Working Capital to Revenue	8.92%	-0.33%	-0.22%	14.25%	4.08%	2.42%	0.00%
Net Working Capital to Revenue	-0.55%	-0.56%	-5.12%	14.09%	-1.41%	2.17%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.10	$3.42	$2.98	$2.91	$2.09	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	401.70M	411.40M	420M	427.70M	433.20M	0.00	0.00
Adjusted Diluted Earnings per Share	$4.07	$3.39	$2.96	$2.89	$2.08	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	404.40M	414.60M	423M	431.40M	434.60M	0.00	0.00
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	396.52M	405.45M	414.87M	424.96M	433.67M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	1,708	1,612	1,474	1,526	1,145	1,235	1,173
Normalized NOPAT Margin	11.97%	11.35%	10.77%	10.68%	8.98%	9.41%	9.08%
Pre Tax Income Margin	14.30%	14.29%	13.80%	13.72%	11.85%	14.19%	14.66%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	15.42	13.39	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	11.22	9.39	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	14.27	11.89	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	10.08	7.89	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	40.37%	41.66%	42.59%	38.59%	38.73%	12.87%	14.30%
Augmented Payout Ratio	98.44%	95.06%	104.67%	89.65%	38.73%	12.87%	14.30%

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.53%	1.52%	0.71%	-3.20%	2.72%	5.26%	5.35%	6.65%	-1.99%	-3.64%	-7.62%
EBITDA Growth	-22.96%	2.30%	-33.55%	-3.01%	5.00%	5.40%	7.12%	17.94%	-2.44%	-0.92%	-2.37%
EBIT Growth	-24.45%	2.51%	-36.60%	-1.38%	6.04%	5.50%	8.14%	19.14%	-2.47%	0.00%	-2.22%
NOPAT Growth	-29.35%	3.09%	-6.85%	8.26%	8.16%	9.70%	12.89%	15.90%	-0.92%	-0.24%	-7.31%
Net Income Growth	-31.55%	2.62%	41.01%	10.57%	6.25%	8.18%	12.86%	16.95%	-0.28%	2.58%	-7.65%
EPS Growth	-29.07%	7.59%	47.25%	13.33%	8.86%	12.86%	18.18%	18.42%	8.22%	7.69%	0.00%
Operating Cash Flow Growth	11.11%	15.58%	28.76%	-30.94%	-38.49%	28.66%	28.03%	26.35%	-44.84%	67.51%	-32.68%
Free Cash Flow Firm Growth	-112.25%	-101.01%	-296.43%	12.74%	139.62%	60.00%	-82.88%	-60.53%	-77.84%	-50.88%	-52.71%
Invested Capital Growth	26.76%	43.36%	42.64%	33.27%	17.28%	-1.20%	47.34%	45.36%	38.32%	12.41%	10.99%
Revenue Q/Q Growth	-8.84%	3.58%	-1.47%	4.77%	-5.06%	2.75%	-5.30%	11.18%	-2.70%	2.84%	-4.13%
EBITDA Q/Q Growth	-21.76%	41.22%	-33.01%	4.08%	3.89%	-8.27%	-2.22%	12.68%	4.28%	-6.77%	7.66%
EBIT Q/Q Growth	-22.60%	46.69%	-36.60%	4.96%	5.02%	-9.28%	-1.38%	12.87%	4.48%	-7.01%	8.64%
NOPAT Q/Q Growth	-25.92%	-1.73%	-16.25%	15.87%	8.09%	-11.20%	-2.66%	15.77%	9.63%	-8.63%	-0.06%
Net Income Q/Q Growth	-27.48%	-36.62%	23.78%	20.32%	8.72%	-12.91%	-2.95%	15.63%	10.69%	-9.14%	0.57%
EPS Q/Q Growth	-28.24%	-36.57%	31.37%	18.60%	8.86%	-13.19%	1.11%	13.92%	12.86%	-9.09%	1.32%
Operating Cash Flow Q/Q Growth	-72.46%	75.13%	27.92%	80.12%	-71.36%	95.10%	-31.39%	60.43%	-40.09%	94.14%	-32.29%
Free Cash Flow Firm Q/Q Growth	-627.81%	96.08%	-175.54%	-43.11%	-39.89%	660.36%	-56.65%	20.92%	-59.86%	-18.62%	-0.07%
Invested Capital Q/Q Growth	15.51%	-21.74%	21.94%	14.99%	30.64%	-22.14%	13.94%	1.19%	10.05%	16.12%	12.41%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.88%	29.17%	30.38%	29.96%	29.91%	29.50%	29.69%	29.11%	29.77%	27.92%	29.04%
EBITDA Margin	13.52%	15.76%	11.56%	17.00%	17.11%	15.64%	17.51%	16.96%	16.74%	15.62%	17.22%
Operating Margin	12.27%	14.45%	10.23%	15.83%	15.83%	14.42%	16.21%	15.59%	15.33%	14.28%	15.82%
EBIT Margin	12.27%	14.45%	10.20%	15.86%	15.83%	14.31%	16.21%	15.56%	15.33%	14.28%	15.79%
Profit (Net Income) Margin	7.64%	9.61%	15.70%	12.50%	10.88%	9.50%	11.21%	10.94%	10.52%	9.25%	10.47%
Tax Burden Percent	69.95%	73.08%	108.79%	82.72%	74.80%	72.12%	74.25%	75.09%	73.33%	69.89%	70.99%
Interest Burden Percent	89.05%	90.96%	141.44%	95.27%	91.91%	92.08%	93.17%	93.61%	93.57%	92.67%	93.37%
Effective Tax Rate	30.05%	26.92%	-8.79%	17.28%	25.20%	27.88%	25.75%	24.91%	26.67%	30.11%	29.01%
Return on Invested Capital (ROIC)	90.84%	136.91%	112.26%	156.23%	154.75%	162.47%	173.23%	188.54%	176.48%	157.96%	207.15%
ROIC Less NNEP Spread (ROIC-NNEP)	90.33%	136.30%	114.92%	155.87%	154.19%	161.89%	172.72%	188.02%	175.96%	157.42%	206.61%
Return on Net Nonoperating Assets (RNNOA)	-115.00%	-168.04%	-149.39%	-194.84%	-189.87%	-193.27%	-208.75%	-222.51%	-216.25%	-193.01%	-245.46%
Return on Equity (ROE)	-24.16%	-31.14%	-37.13%	-38.61%	-35.12%	-30.80%	-35.52%	-33.97%	-39.76%	-35.05%	-38.31%
Cash Return on Invested Capital (CROIC)	95.19%	119.60%	85.28%	112.85%	134.28%	178.49%	123.75%	141.00%	137.37%	158.84%	186.57%
Operating Return on Assets (OROA)	16.59%	19.23%	14.04%	22.49%	23.05%	20.40%	23.05%	21.50%	19.30%	17.68%	22.02%
Return on Assets (ROA)	10.33%	12.78%	21.60%	17.73%	15.85%	13.55%	15.94%	15.12%	13.24%	11.45%	14.60%
Return on Common Equity (ROCE)	-25.01%	-32.20%	-38.31%	-40.20%	-36.71%	-32.15%	-36.88%	-35.68%	-51.87%	-38.93%	-42.16%
Return on Equity Simple (ROE_SIMPLE)	-31.51%	0.00%	-35.20%	-30.98%	-30.25%	0.00%	-30.74%	-29.41%	-28.17%	0.00%	-27.70%
Net Operating Profit after Tax (NOPAT)	287	388	395	472	407	376	424	436	376	343	376
NOPAT Margin	8.58%	10.56%	11.13%	13.09%	11.84%	10.40%	12.03%	11.71%	11.24%	9.98%	11.23%
Net Nonoperating Expense Percent (NNEP)	0.50%	0.60%	-2.66%	0.36%	0.57%	0.58%	0.51%	0.51%	0.52%	0.54%	0.54%
Return On Investment Capital (ROIC_SIMPLE)	8.57%	10.97%	-	-	-	18.43%	-	-	-	17.43%	-
Cost of Revenue to Revenue	70.12%	70.83%	69.62%	70.04%	70.09%	70.50%	70.31%	70.89%	70.23%	72.08%	70.96%
SG&A Expenses to Revenue	13.85%	13.47%	12.82%	12.47%	13.44%	13.76%	12.83%	12.88%	13.60%	13.03%	12.47%
R&D to Revenue	1.10%	1.01%	1.13%	1.08%	1.05%	1.02%	1.02%	0.97%	1.05%	1.11%	1.11%
Operating Expenses to Revenue	17.61%	14.72%	20.15%	14.14%	14.08%	15.08%	13.48%	13.52%	14.44%	13.64%	13.22%
Earnings before Interest and Taxes (EBIT)	411	531	362	571	544	518	571	579	513	491	528
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	453	579	410	612	588	566	617	631	560	537	576
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	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	0.00
Price to Revenue (P/Rev)	2.89	2.59	2.93	2.73	2.82	2.54	2.32	2.60	2.51	2.31	1.88
Price to Earnings (P/E)	26.66	22.49	25.53	26.42	28.22	25.63	23.58	27.15	26.85	25.23	21.01
Dividend Yield	1.51%	1.63%	1.40%	1.47%	1.38%	1.49%	1.59%	1.39%	1.41%	1.46%	1.71%
Earnings Yield	3.75%	4.45%	3.92%	3.79%	3.54%	3.90%	4.24%	3.68%	3.72%	3.96%	4.76%
Enterprise Value to Invested Capital (EV/IC)	31.76	33.29	29.10	33.26	39.37	46.31	33.15	41.15	39.77	40.87	40.21
Enterprise Value to Revenue (EV/Rev)	3.35	3.02	3.39	3.18	3.25	2.95	2.74	3.03	2.94	2.73	2.29
Enterprise Value to EBITDA (EV/EBITDA)	23.15	19.71	22.15	18.95	19.36	17.64	16.41	18.20	18.14	16.83	14.23
Enterprise Value to EBIT (EV/EBIT)	25.36	21.48	24.16	20.49	21.02	19.20	17.87	19.86	19.84	18.41	15.60
Enterprise Value to NOPAT (EV/NOPAT)	29.89	25.26	28.41	26.88	28.30	25.97	24.38	27.39	27.23	25.37	21.48
Enterprise Value to Operating Cash Flow (EV/OCF)	30.05	27.60	32.78	32.68	30.59	25.73	25.76	29.38	30.02	23.97	23.08
Enterprise Value to Free Cash Flow (EV/FCFF)	37.30	32.79	40.12	33.67	31.65	25.79	31.92	34.58	33.60	27.24	22.68
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.68	-1.76	-1.52	-1.47	-1.43	-1.46	-1.61	-1.48	-1.46	-1.45	-1.39
Long-Term Debt to Equity	-1.39	-1.47	-1.17	-1.13	-1.42	-1.45	-1.48	-1.32	-1.32	-1.31	-1.36
Financial Leverage	-1.27	-1.23	-1.30	-1.25	-1.23	-1.19	-1.21	-1.18	-1.23	-1.23	-1.19
Leverage Ratio	-2.14	-2.27	-2.20	-2.10	-2.08	-2.12	-2.11	-2.14	-2.86	-2.89	-2.49
Compound Leverage Factor	-1.90	-2.06	-3.11	-2.00	-1.91	-1.96	-1.97	-2.00	-2.67	-2.68	-2.32
Debt to Total Capital	246.15%	231.48%	292.51%	312.26%	333.22%	316.71%	264.82%	306.66%	318.36%	321.67%	358.78%
Short-Term Debt to Total Capital	43.43%	37.57%	67.14%	72.00%	1.69%	1.47%	20.92%	33.33%	30.41%	31.84%	5.63%
Long-Term Debt to Total Capital	202.72%	193.91%	225.37%	240.26%	331.53%	315.24%	243.90%	273.32%	287.95%	289.83%	353.14%
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%	0.00%
Noncontrolling Interests to Total Capital	4.01%	3.34%	4.87%	7.13%	10.07%	9.37%	6.36%	10.14%	10.31%	9.79%	9.84%
Common Equity to Total Capital	-150.16%	-134.82%	-197.38%	-219.39%	-243.29%	-226.08%	-171.18%	-216.80%	-228.67%	-231.46%	-268.62%
Debt to EBITDA	4.09	3.80	3.34	3.01	2.86	2.91	3.16	2.98	3.06	3.05	2.95
Net Debt to EBITDA	3.16	2.75	2.96	2.62	2.50	2.37	2.46	2.45	2.56	2.51	2.48
Long-Term Debt to EBITDA	3.37	3.19	2.57	2.32	2.85	2.89	2.91	2.65	2.77	2.74	2.90
Debt to NOPAT	5.29	4.87	4.28	4.27	4.19	4.28	4.69	4.48	4.60	4.59	4.45
Net Debt to NOPAT	4.08	3.53	3.79	3.71	3.65	3.49	3.65	3.69	3.84	3.78	3.74
Long-Term Debt to NOPAT	4.35	4.08	3.30	3.29	4.17	4.26	4.32	4.00	4.16	4.14	4.38
Altman Z-Score	2.75	2.67	2.82	2.79	3.02	2.74	2.54	2.60	2.51	2.37	2.30
Noncontrolling Interest Sharing Ratio	-3.52%	-3.43%	-3.18%	-4.11%	-4.52%	-4.37%	-3.83%	-5.03%	-30.44%	-11.07%	-10.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.94	0.99	0.80	0.79	0.97	0.99	1.00	0.90	0.90	0.90	0.97
Quick Ratio	0.70	0.74	0.55	0.58	0.72	0.74	0.75	0.66	0.66	0.66	0.69
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-29	-3.92	-100	133	233	387	51	118	97	242	298
Operating Cash Flow to CapEx	558.82%	1,769.23%	1,231.25%	1,283.33%	551.61%	1,421.43%	900.00%	1,205.41%	1,112.00%	1,364.71%	995.83%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	5.29	0.00	0.00	0.00	2.95	0.00	8.50
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	3.89	0.00	0.00	0.00	8.42	0.00	6.83
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	3.18	0.00	0.00	0.00	7.67	0.00	6.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.35	1.33	1.38	1.42	1.46	1.43	1.42	1.38	1.26	1.24	1.39
Accounts Receivable Turnover	3.92	4.09	4.02	3.99	4.08	4.12	4.28	4.14	4.11	4.15	4.37
Inventory Turnover	16.87	17.12	15.94	16.00	16.32	16.30	16.21	15.92	15.31	15.76	15.95
Fixed Asset Turnover	19.95	19.97	19.88	19.93	19.97	19.65	20.04	19.25	18.45	18.33	18.83
Accounts Payable Turnover	6.10	5.33	5.80	5.76	6.38	5.57	6.26	5.86	6.42	5.97	6.17
Days Sales Outstanding (DSO)	93.01	89.14	90.68	91.41	89.57	88.56	85.32	88.11	88.80	87.87	83.49
Days Inventory Outstanding (DIO)	21.64	21.33	22.90	22.81	22.37	22.39	22.52	22.93	23.84	23.16	22.89
Days Payable Outstanding (DPO)	59.81	68.54	62.97	63.40	57.17	65.50	58.29	62.32	56.82	61.17	59.18
Cash Conversion Cycle (CCC)	54.84	41.93	50.62	50.82	54.77	45.45	49.54	48.71	55.83	49.86	47.20
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,497	1,296	1,656	1,358	1,181	904	1,161	1,019	1,007	915	788
Invested Capital Turnover	10.59	12.96	10.09	11.93	13.07	15.62	14.40	16.10	15.70	15.83	18.44
Increase / (Decrease) in Invested Capital	316	392	495	339	174	-11	373	318	279	101	78
Enterprise Value (EV)	47,546	43,138	48,191	45,161	46,500	41,868	38,490	41,929	40,045	37,398	31,687
Market Capitalization	40,921	36,994	41,634	38,757	40,295	36,040	32,541	36,058	34,181	31,613	25,986
Book Value per Share	($12.93)	($12.14)	($12.24)	($12.48)	($12.40)	($12.03)	($11.63)	($11.74)	($11.71)	($11.69)	($11.69)
Tangible Book Value per Share	($17.76)	($16.79)	($17.13)	($17.14)	($17.13)	($16.73)	($16.20)	($16.42)	($16.36)	($16.34)	($15.96)
Total Capital	3,415	3,596	2,483	2,300	2,065	2,178	2,797	2,238	2,124	2,104	1,829
Total Debt	8,406	8,324	7,263	7,182	6,881	6,898	7,407	6,863	6,762	6,768	6,562
Total Long-Term Debt	6,923	6,973	5,596	5,526	6,846	6,866	6,822	6,117	6,116	6,098	6,459
Net Debt	6,488	6,024	6,436	6,240	5,997	5,624	5,771	5,644	5,645	5,579	5,521
Capital Expenditures (CapEx)	34	39	32	24	31	42	34	37	25	34	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-892	-1,028	-762	-943	-1,029	-1,321	-1,051	-1,214	-1,141	-1,219	-1,101
Debt-free Net Working Capital (DFNWC)	1,026	1,272	65	-1.00	-145	-47	585	5.00	-24	-30	-60
Net Working Capital (NWC)	-457	-79	-1,602	-1,657	-180	-79	0.00	-741	-670	-700	-163
Net Nonoperating Expense (NNE)	31	35	-162	22	33	32	29	29	24	25	26
Net Nonoperating Obligations (NNO)	6,488	6,024	6,436	6,240	5,997	5,624	5,771	5,644	5,645	5,579	5,521
Total Depreciation and Amortization (D&A)	42	48	48	41	44	48	46	52	47	46	48
Debt-free, Cash-free Net Working Capital to Revenue	-6.29%	-7.21%	-5.36%	-6.65%	-7.20%	-9.30%	-7.49%	-8.77%	-8.38%	-8.91%	-7.97%
Debt-free Net Working Capital to Revenue	7.24%	8.92%	0.46%	-0.01%	-1.01%	-0.33%	4.17%	0.04%	-0.18%	-0.22%	-0.43%
Net Working Capital to Revenue	-3.22%	-0.55%	-11.28%	-11.68%	-1.26%	-0.56%	0.00%	-5.35%	-4.92%	-5.12%	-1.18%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.61	$0.85	$1.35	$1.03	$0.87	$0.79	$0.92	$0.91	$0.80	$0.72	$0.77
Adjusted Weighted Average Basic Shares Outstanding	396.60M	401.70M	400.20M	402.90M	405.20M	411.40M	410.80M	412.70M	414.30M	420M	418.50M
Adjusted Diluted Earnings per Share	$0.61	$0.85	$1.34	$1.02	$0.86	$0.79	$0.91	$0.90	$0.79	$0.70	$0.77
Adjusted Weighted Average Diluted Shares Outstanding	399.10M	404.40M	402.70M	405.50M	408.10M	414.60M	413.70M	416M	417.80M	423M	421.20M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	394.68M	396.52M	399.46M	400.55M	404.32M	405.45M	409.26M	411.74M	413.29M	414.87M	416.59M
Normalized Net Operating Profit after Tax (NOPAT)	287	388	254	472	407	376	424	436	376	343	376
Normalized NOPAT Margin	8.58%	10.56%	7.16%	13.09%	11.84%	10.40%	12.03%	11.71%	11.24%	9.98%	11.23%
Pre Tax Income Margin	10.93%	13.14%	14.43%	15.11%	14.55%	13.18%	15.10%	14.57%	14.35%	13.23%	14.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	12.36	0.00	0.00	0.00	15.55	0.00	15.09
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	9.25	0.00	0.00	0.00	11.40	0.00	10.73
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	11.66	0.00	0.00	0.00	14.79	0.00	14.40
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	8.54	0.00	0.00	0.00	10.64	0.00	10.04
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	43.94%	40.37%	39.36%	41.84%	42.24%	41.66%	41.24%	41.63%	42.18%	42.59%	42.54%
Augmented Payout Ratio	103.34%	98.44%	98.78%	109.02%	103.09%	95.06%	90.49%	97.69%	102.49%	104.67%	93.98%

Frequently Asked Questions About Otis Worldwide's Financials

When does Otis Worldwide's financial year end?

According to the most recent income statement we have on file, Otis Worldwide's fiscal year ends in December. Their fiscal 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. Find out what analysts predict for Otis Worldwide in the coming months.

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%.

Related Companies

This page (NYSE:OTIS) was last updated on 5/21/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Otis Worldwide (OTIS) Financials

Frequently Asked Questions About Otis Worldwide's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Otis Worldwide (OTIS) Financials

Annual Income Statements for Otis Worldwide

Quarterly Income Statements for Otis Worldwide

Annual Cash Flow Statements for Otis Worldwide

Quarterly Cash Flow Statements for Otis Worldwide

Annual Balance Sheets for Otis Worldwide

Quarterly Balance Sheets for Otis Worldwide

Annual Metrics And Ratios for Otis Worldwide

Quarterly Metrics And Ratios for Otis Worldwide

Frequently Asked Questions About Otis Worldwide's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools