Otis Worldwide Corporation
NYSE:OTIS
86.5 (USD) • At close September 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
| 9,963 | 9,979 | 9,746 | 10,090 | 8,959 | 9,292 | 9,189 | 8,621 |
| Gross Profit
| 4,298 | 4,230 | 3,939 | 4,208 | 3,797 | 3,826 | 3,726 | 3,702 |
| Gross Profit Ratio
| 0.301 | 0.298 | 0.288 | 0.294 | 0.298 | 0.292 | 0.289 | 0.3 |
| Reseach & Development Expenses
| 152 | 144 | 150 | 159 | 152 | 163 | 181 | 175 |
| General & Administrative Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling & Marketing Expenses
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A
| 1,818 | 1,859 | 1,722 | 1,948 | 1,763 | 1,767 | 1,735 | 1,648 |
| Other Expenses
| 42 | -1 | -8 | -73 | -27 | 4 | -25 | -31 |
| Operating Expenses
| 2,012 | 2,002 | 1,864 | 2,034 | 1,888 | 1,934 | 1,891 | 1,792 |
| Operating Income
| 2,286 | 2,228 | 2,075 | 2,174 | 1,909 | 1,892 | 1,856 | 1,910 |
| Operating Income Ratio
| 0.16 | 0.157 | 0.152 | 0.152 | 0.15 | 0.144 | 0.144 | 0.155 |
| Total Other Income Expenses Net
| -247 | -197 | -187 | -213 | -398 | -31 | 37 | 47 |
| 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
| 4.095 | 3.418 | 2.983 | 2.913 | 2.091 | 2.577 | 2.422 | 1.468 |
| EPS Diluted
| 4.068 | 3.391 | 2.962 | 2.888 | 2.085 | 2.577 | 2.422 | 1.468 |
| EBITDA
| 2,220 | 2,374 | 2,222 | 2,300 | 1,824 | 2,080 | 2,120 | 2,174 |
| EBITDA Ratio
| 0.156 | 0.167 | 0.162 | 0.161 | 0.143 | 0.159 | 0.164 | 0.176 |