Otis Worldwide Corporation
NYSE:OTIS
94.43 (USD) • At close February 4, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets: | ||||||||||||||||||||||
| Current Assets: | ||||||||||||||||||||||
| Cash & Cash Equivalents
| 2,300 | 827 | 951 | 884 | 1,274 | 1,636 | 1,219 | 1,117 | 1,189 | 1,034 | 1,218 | 1,235 | 1,565 | 1,553 | 1,923 | 1,725 | 1,782 | 1,733 | 1,912 | 1,207 | 1,446 | -1,329 |
| Short Term Investments
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,658 |
| Cash and Short Term Investments
| 2,300 | 827 | 951 | 884 | 1,274 | 1,636 | 1,219 | 1,117 | 1,189 | 1,034 | 1,218 | 1,235 | 1,565 | 1,553 | 1,923 | 1,725 | 1,782 | 1,733 | 1,912 | 1,207 | 1,446 | 1,329 |
| Net Receivables
| 3,428 | 4,380 | 4,356 | 4,370 | 4,255 | 4,188 | 4,232 | 4,074 | 4,021 | 3,744 | 3,797 | 3,800 | 3,782 | 3,753 | 3,686 | 3,556 | 3,606 | 3,439 | 3,349 | 3,379 | 3,390 | 0 |
| Inventory
| 557 | 625 | 605 | 593 | 612 | 624 | 640 | 642 | 617 | 603 | 596 | 626 | 622 | 628 | 673 | 686 | 659 | 667 | 629 | 599 | 571 | 0 |
| Other Current Assets
| 1,385 | 663 | 335 | 291 | 259 | 301 | 326 | 320 | 316 | 448 | 539 | 2,183 | 2,292 | 441 | 399 | 379 | 446 | 432 | 502 | 329 | 251 | 0 |
| Total Current Assets
| 7,670 | 6,495 | 6,238 | 6,138 | 6,400 | 6,749 | 6,417 | 6,153 | 6,143 | 5,829 | 6,150 | 7,844 | 8,261 | 6,375 | 6,681 | 6,346 | 6,493 | 6,271 | 6,392 | 5,514 | 5,658 | 1,329 |
| Non-Current Assets: | ||||||||||||||||||||||
| Property, Plant & Equipment, Net
| 1,123 | 1,130 | 1,106 | 1,118 | 1,143 | 1,125 | 1,153 | 1,187 | 1,168 | 1,156 | 1,236 | 1,299 | 1,300 | 1,328 | 1,352 | 1,313 | 1,316 | 1,269 | 1,234 | 1,223 | 1,256 | 0 |
| Goodwill
| 1,548 | 1,630 | 1,553 | 1,575 | 1,588 | 1,547 | 1,579 | 1,570 | 1,567 | 1,448 | 1,550 | 1,636 | 1,667 | 1,702 | 1,742 | 1,727 | 1,773 | 1,700 | 1,639 | 1,608 | 1,647 | 0 |
| Intangible Assets
| 311 | 330 | 330 | 343 | 335 | 336 | 355 | 360 | 369 | 346 | 385 | 397 | 419 | 434 | 458 | 448 | 484 | 489 | 458 | 462 | 490 | 0 |
| Goodwill and Intangible Assets
| 1,859 | 1,960 | 1,883 | 1,918 | 1,923 | 1,883 | 1,934 | 1,930 | 1,936 | 1,794 | 1,935 | 2,033 | 2,086 | 2,136 | 2,200 | 2,175 | 2,257 | 2,189 | 2,097 | 2,070 | 2,137 | 0 |
| Long Term Investments
| 0 | 4 | 5 | 4 | 6 | 8 | 5 | 7 | 6 | 6 | 5 | 8 | 8 | 6 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Assets
| 0 | 0 | 0 | 0 | -6 | -8 | -5 | -7 | -6 | -6 | -5 | -8 | -8 | -6 | -8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets
| 664 | 672 | 626 | 613 | 651 | 633 | 631 | 575 | 572 | 563 | 592 | 611 | 624 | 627 | 616 | 671 | 644 | 744 | 718 | 717 | 636 | -1,329 |
| Total Non-Current Assets
| 3,646 | 3,766 | 3,620 | 3,653 | 3,717 | 3,641 | 3,718 | 3,692 | 3,676 | 3,513 | 3,763 | 3,951 | 4,018 | 4,097 | 4,176 | 4,159 | 4,217 | 4,202 | 4,049 | 4,010 | 4,029 | -1,329 |
| Total Assets
| 11,316 | 10,261 | 9,858 | 9,791 | 10,117 | 10,390 | 10,135 | 9,845 | 9,819 | 9,342 | 9,913 | 11,795 | 12,279 | 10,472 | 10,857 | 10,505 | 10,710 | 10,473 | 10,441 | 9,524 | 9,687 | 0 |
| Liabilities & Equity: | ||||||||||||||||||||||
| Current Liabilities: | ||||||||||||||||||||||
| Account Payables
| 1,879 | 1,779 | 1,716 | 1,641 | 1,878 | 1,655 | 1,744 | 1,515 | 1,717 | 1,521 | 1,616 | 1,507 | 1,556 | 1,662 | 1,569 | 1,459 | 1,453 | 1,392 | 1,349 | 1,102 | 1,331 | 0 |
| Short Term Debt
| 1,351 | 1,667 | 1,656 | 35 | 149 | 585 | 746 | 646 | 797 | 103 | 81 | 51 | 205 | 38 | 343 | 341 | 868 | 538 | 33 | 67 | 174 | 0 |
| Tax Payables
| 302 | 315 | 302 | 303 | 257 | 290 | 284 | 281 | 215 | 290 | 306 | 311 | 239 | 352 | 334 | 341 | 284 | 456 | 427 | 428 | 273 | 0 |
| Deferred Revenue
| 0 | 2,787 | 2,804 | 2,951 | 2,696 | 2,784 | 2,889 | 2,983 | 2,662 | 2,706 | 2,738 | 2,930 | 2,674 | 2,758 | 2,815 | 2,826 | 2,542 | 2,503 | 2,463 | 2,541 | 2,270 | 0 |
| Other Current Liabilities
| 4,217 | 1,549 | 1,417 | 1,388 | 1,499 | 1,435 | 1,495 | 1,398 | 1,452 | 1,372 | 1,597 | 1,443 | 1,573 | 1,553 | 1,655 | 1,428 | 1,526 | 1,402 | 1,490 | 1,217 | 2,252 | 0 |
| Total Current Liabilities
| 7,749 | 8,097 | 7,895 | 6,318 | 6,479 | 6,749 | 7,158 | 6,823 | 6,843 | 5,992 | 6,338 | 6,242 | 6,247 | 6,363 | 6,716 | 6,395 | 6,673 | 6,291 | 5,762 | 5,355 | 5,374 | 0 |
| Non-Current Liabilities: | ||||||||||||||||||||||
| Long Term Debt
| 7,271 | 5,882 | 5,806 | 7,130 | 7,158 | 7,115 | 6,425 | 6,445 | 6,413 | 6,784 | 6,961 | 7,080 | 7,585 | 5,822 | 5,843 | 5,821 | 5,629 | 5,887 | 6,637 | 6,637 | 391 | 0 |
| Deferred Revenue Non-Current
| 0 | 0 | 39 | 43 | 48 | 47 | 45 | 49 | 52 | 48 | 48 | 52 | 52 | 46 | 40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities Non-Current
| 0 | 0 | 280 | 284 | -48 | -47 | -45 | -49 | -52 | -48 | -48 | -52 | -52 | -46 | -40 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities
| 1,024 | 1,062 | 1,039 | 1,159 | 1,200 | 1,136 | 1,177 | 1,215 | 1,227 | 1,299 | 1,366 | 1,414 | 1,431 | 1,520 | 1,552 | 1,575 | 1,609 | 1,678 | 1,618 | 1,721 | 1,596 | 0 |
| Total Non-Current Liabilities
| 8,295 | 6,944 | 6,845 | 8,289 | 8,358 | 8,251 | 7,728 | 7,660 | 7,640 | 8,083 | 8,327 | 8,494 | 9,176 | 7,404 | 7,458 | 7,461 | 7,321 | 7,663 | 8,351 | 8,453 | 1,987 | 0 |
| Total Liabilities
| 16,044 | 15,041 | 14,740 | 14,607 | 14,837 | 15,000 | 14,886 | 14,483 | 14,483 | 14,075 | 14,665 | 14,736 | 15,423 | 13,767 | 14,174 | 13,856 | 13,994 | 13,954 | 14,113 | 13,808 | 7,361 | 0 |
| Equity: | ||||||||||||||||||||||
| Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock
| 265 | 245 | 230 | 210 | 213 | 198 | 183 | 172 | 162 | 134 | 121 | 121 | 119 | 102 | 86 | 68 | 59 | 4 | 4 | 0 | 2,458 | 0 |
| Retained Earnings
| -978 | -1,153 | -1,538 | -1,794 | -2,005 | -2,183 | -2,419 | -2,653 | -2,865 | -3,042 | -3,245 | -3,529 | -2,256 | -2,404 | -2,633 | -2,855 | -3,076 | -3,241 | -3,418 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income/Loss
| -745 | -804 | -751 | -756 | -750 | -648 | -689 | -626 | -592 | -580 | -748 | -696 | -763 | -827 | -803 | -823 | -815 | -819 | -843 | -862 | -758 | 1,569 |
| Other Total Stockholders Equity
| -3,390 | -3,189 | -2,987 | -2,684 | -2,382 | -2,155 | -1,927 | -1,750 | -1,575 | -1,425 | -1,125 | -925 | -725 | -725 | -506 | -300 | 0 | 32 | 15 | -3,959 | 0 | 646 |
| Total Shareholders Equity
| -4,848 | -4,901 | -5,046 | -5,024 | -4,924 | -4,788 | -4,852 | -4,857 | -4,870 | -4,913 | -4,997 | -5,029 | -3,625 | -3,854 | -3,856 | -3,910 | -3,832 | -4,024 | -4,242 | -4,821 | 1,700 | 2,215 |
| Total Equity
| -4,791 | -4,846 | -4,882 | -4,816 | -4,720 | -4,610 | -4,751 | -4,638 | -4,664 | -4,733 | -4,752 | -2,941 | -3,144 | -3,295 | -3,317 | -3,351 | -3,284 | -3,481 | -3,672 | -4,284 | 2,326 | 2,215 |
| Total Liabilities & Shareholders Equity
| 11,196 | 10,261 | 9,858 | 9,791 | 10,117 | 10,390 | 10,135 | 9,845 | 9,819 | 9,342 | 9,913 | 11,795 | 12,279 | 10,472 | 10,857 | 10,505 | 10,710 | 10,473 | 10,441 | 9,524 | 9,687 | 2,215 |