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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
| Revenue
| 14,261 | 14,209 | 13,685 | 14,298 | 12,756 | 13,118 | 12,915 | 12,323 |
| Cost of Revenue
| 10,004 | 10,016 | 9,765 | 10,105 | 8,977 | 9,292 | 9,189 | 8,621 |
| Gross Profit
| 4,257 | 4,193 | 3,920 | 4,193 | 3,779 | 3,826 | 3,726 | 3,702 |
| Gross Profit Ratio
| 0.299 | 0.295 | 0.286 | 0.293 | 0.296 | 0.292 | 0.289 | 0.3 |
| Reseach & Development Expenses
| 152 | 144 | 150 | 159 | 152 | 163 | 181 | 175 |
| General & Administrative Expenses
| 0 | 0 | 0 | 0 | 1,924 | 1,810 | 1,735 | 1,648 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 1,924 | 1,810 | 1,735 | 1,648 |
| SG&A
| 1,861 | 1,884 | 1,763 | 1,948 | 1,924 | 1,810 | 1,735 | 1,648 |
| Other Expenses
| 0 | -21 | -26 | -22 | 64 | 39 | 44 | 20 |
| Operating Expenses
| 2,013 | 2,007 | 1,887 | 2,085 | 2,140 | 2,012 | 1,891 | 1,786 |
| Operating Income
| 2,008 | 2,186 | 2,033 | 2,108 | 1,639 | 1,814 | 1,835 | 1,916 |
| Operating Income Ratio
| 0.141 | 0.154 | 0.149 | 0.147 | 0.128 | 0.138 | 0.142 | 0.155 |
| Total Other Income Expenses Net
| 31 | -155 | -145 | -147 | -128 | 47 | 58 | 41 |
| Income Before Tax
| 2,039 | 2,031 | 1,888 | 1,961 | 1,511 | 1,861 | 1,893 | 1,957 |
| Income Before Tax Ratio
| 0.143 | 0.143 | 0.138 | 0.137 | 0.118 | 0.142 | 0.147 | 0.159 |
| Income Tax Expense
| 305 | 533 | 519 | 541 | 455 | 594 | 683 | 1,148 |
| Net Income
| 1,645 | 1,406 | 1,253 | 1,246 | 906 | 1,116 | 1,049 | 636 |
| Net Income Ratio
| 0.115 | 0.099 | 0.092 | 0.087 | 0.071 | 0.085 | 0.081 | 0.052 |
| EPS
| 4.1 | 3.42 | 2.98 | 2.91 | 2.09 | 2.58 | 2.42 | 1.47 |
| EPS Diluted
| 4.07 | 3.39 | 2.96 | 2.89 | 2.08 | 2.58 | 2.42 | 1.46 |
| EBITDA
| 2,008 | 2,374 | 2,224 | 2,311 | 1,830 | 2,080 | 2,025 | 2,174 |
| EBITDA Ratio
| 0.141 | 0.167 | 0.163 | 0.162 | 0.143 | 0.159 | 0.157 | 0.176 |