OTIS - Otis Worldwide Corporation
NYSE
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Industrials
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Specialty Industrial Machinery
Farmington,
United States
Type: Equity
OTIS price evolution
OTIS
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $942 | $884 | $1274 | |
| Short term investments | ||||
| Net receivables | $4380 | $3606 | $3654 | $3538 |
| Inventory | $625 | $605 | $593 | $612 |
| Total current assets | $6495 | $6238 | $6138 | $6400 |
| Long term investments | ||||
| Property, plant & equipment | $1130 | $1106 | $1118 | $1143 |
| Goodwill & intangible assets | $1883 | $1918 | $1923 | |
| Total noncurrent assets | $3620 | $3653 | $3717 | |
| Total investments | ||||
| Total assets | $10261 | $9858 | $9791 | $10117 |
| Current liabilities | ||||
| Accounts payable | $1779 | $1716 | $1641 | $1878 |
| Deferred revenue | $2804 | $2951 | $2696 | |
| Short long term debt | $1656 | $35 | $32 | |
| Total current liabilities | $8097 | $7895 | $6318 | $6479 |
| Long term debt | $5596 | $5806 | $7130 | $7158 |
| Total noncurrent liabilities | $6845 | $8289 | $8358 | |
| Total debt | $7462 | $7165 | $7190 | |
| Total liabilities | $15162 | $14740 | $14607 | $14837 |
| Shareholders' equity | ||||
| Retained earnings | -$1153 | -$1538 | -$1794 | -$2005 |
| Other shareholder equity | -$804 | -$751 | -$756 | -$750 |
| Total shareholder equity | -$5046 | -$5024 | -$4924 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1274 | $1194 | $3475 | $1782 |
| Short term investments | ||||
| Net receivables | $3538 | $4021 | $3232 | $3148 |
| Inventory | $612 | $617 | $622 | $659 |
| Total current assets | $6400 | $6143 | $8261 | $6493 |
| Long term investments | ||||
| Property, plant & equipment | $1143 | $1168 | $1300 | $1316 |
| Goodwill & intangible assets | $1923 | $1936 | $2086 | $2257 |
| Total noncurrent assets | $3717 | $3676 | $4018 | $4217 |
| Total investments | ||||
| Total assets | $10117 | $9819 | $12279 | $10710 |
| Current liabilities | ||||
| Accounts payable | $1878 | $1717 | $1556 | $1453 |
| Deferred revenue | $2696 | $2662 | $2674 | $2542 |
| Short long term debt | $32 | $670 | $24 | $701 |
| Total current liabilities | $6479 | $6843 | $6247 | $6673 |
| Long term debt | $7158 | $6098 | $7585 | $5629 |
| Total noncurrent liabilities | $8358 | $7640 | $9016 | $7238 |
| Total debt | $7190 | $7083 | $7609 | $6330 |
| Total liabilities | $14837 | $14689 | $15263 | $13911 |
| Shareholders' equity | ||||
| Retained earnings | -$2005 | -$2865 | -$2256 | -$3076 |
| Other shareholder equity | -$750 | -$592 | -$763 | -$815 |
| Total shareholder equity | -$4924 | -$4870 | -$3625 | -$3832 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3548 | $3601 | $3437 | $3620 |
| Cost of revenue | $2522 | $2409 | $2552 | |
| Gross Profit | $1078 | $1079 | $1028 | $1068 |
| Operating activities | ||||
| Research & development | $39 | $36 | $37 | |
| Selling, general & administrative | $449 | $462 | $498 | |
| Total operating expenses | $709 | $488 | $498 | $535 |
| Operating income | $591 | $530 | $533 | |
| Income from continuing operations | ||||
| EBIT | $536 | $523 | $497 | |
| Income tax expense | -$45 | $94 | $126 | $133 |
| Interest expense | $150 | $27 | $44 | $41 |
| Net income | ||||
| Net income | $540 | $415 | $353 | $323 |
| Income (for common shares) | $415 | $353 | $323 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $14209 | $13685 | $14298 | $12756 |
| Cost of revenue | $10016 | $9765 | $10105 | $8977 |
| Gross Profit | $4193 | $3920 | $4193 | $3779 |
| Operating activities | ||||
| Research & development | $144 | $150 | $159 | $152 |
| Selling, general & administrative | $1884 | $1763 | $1948 | $1924 |
| Total operating expenses | $2028 | $1913 | $2107 | $2076 |
| Operating income | $2165 | $2007 | $2086 | $1703 |
| Income from continuing operations | ||||
| EBIT | $2089 | $1915 | $1923 | $1483 |
| Income tax expense | $533 | $519 | $541 | $455 |
| Interest expense | $150 | $143 | $136 | $122 |
| Net income | ||||
| Net income | $1406 | $1253 | $1246 | $906 |
| Income (for common shares) | $1406 | $1253 | $1246 | $906 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $415 | $353 | $323 | |
| Operating activities | ||||
| Depreciation | $41 | $44 | $48 | |
| Business acquisitions & disposals | -$10 | -$30 | -$9 | |
| Stock-based compensation | $20 | $16 | $15 | |
| Total cash flows from operations | $308 | $171 | $597 | |
| Investing activities | ||||
| Capital expenditures | -$24 | -$31 | -$42 | |
| Investments | -$22 | |||
| Total cash flows from investing | -$210 | -$18 | -$79 | -$51 |
| Financing activities | ||||
| Dividends paid | -$450 | -$157 | -$138 | -$139 |
| Sale and purchase of stock | -$300 | -$300 | -$225 | |
| Net borrowings | $320 | $3 | -$557 | |
| Total cash flows from financing | -$1102 | -$212 | -$467 | -$932 |
| Effect of exchange rate | -$9 | -$14 | -$18 | $25 |
| Change in cash and equivalents | -$448 | $64 | -$393 | -$361 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1406 | $1253 | $1246 | $906 |
| Operating activities | ||||
| Depreciation | $193 | $191 | $203 | $191 |
| Business acquisitions & disposals | -$36 | $15 | -$80 | -$53 |
| Stock-based compensation | $64 | $67 | $65 | $63 |
| Total cash flows from operations | $1627 | $1560 | $1750 | $1480 |
| Investing activities | ||||
| Capital expenditures | -$138 | -$115 | -$156 | -$183 |
| Investments | -$24 | -$7 | $40 | -$51 |
| Total cash flows from investing | -$183 | -$33 | -$89 | -$353 |
| Financing activities | ||||
| Dividends paid | -$539 | -$465 | -$393 | -$260 |
| Sale and purchase of stock | -$800 | -$850 | -$725 | |
| Net borrowings | $94 | -$387 | $1350 | $5904 |
| Total cash flows from financing | -$1350 | -$3652 | $58 | -$844 |
| Effect of exchange rate | -$9 | -$157 | -$43 | $59 |
| Change in cash and equivalents | $85 | -$2282 | $1676 | $342 |
News
Fundamentals
| Market cap | $37.66B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 399.40M |
| Revenue | $14.21B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $1.63B |
| Revenue Q/Q | 0.71% |
| Revenue Y/Y | 1.27% |
| P/E ratio | 23.09 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 2.65 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $4.08 |
|---|---|
| ROA | 16.30% |
| ROE | N/A |
| Debt/Equity | -3.01 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.80 |
| Quick ratio | 0.72 |