Otis Worldwide Corp financial data

Symbol
OTIS on NYSE
Industry
Electronic & Other Electrical Equipment (No Computer Equip)
Location
One Carrier Place, Farmington, CT
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Feb 4, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 88.3 % -6.59%
Quick Ratio 7.92 % -14.5%
Debt-to-equity -305 % -0.23%
Return On Equity -33.8 % -14.7%
Return On Assets 16 % +14.9%
Operating Margin 14.1 % -8.45%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 397M shares -2.2%
Common Stock, Shares, Outstanding 439M shares +0.37%
Entity Public Float 38.6B USD +5.41%
Common Stock, Value, Issued 265M USD +24.4%
Weighted Average Number of Shares Outstanding, Basic 402M shares -2.36%
Weighted Average Number of Shares Outstanding, Diluted 404M shares -2.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 14.3B USD +0.37%
Research and Development Expense 152M USD +5.56%
Costs and Expenses 12B USD -0.22%
Operating Income (Loss) 2.01B USD -8.14%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.04B USD +0.39%
Income Tax Expense (Benefit) 305M USD -42.8%
Net Income (Loss) Attributable to Parent 1.65B USD +17%
Earnings Per Share, Basic 4.1 USD/shares +19.9%
Earnings Per Share, Diluted 4.07 USD/shares +20.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.3B USD +80.5%
Accounts Receivable, after Allowance for Credit Loss, Current 3.43B USD -3.11%
Inventory, Net 557M USD -8.99%
Other Assets, Current 679M USD +162%
Assets, Current 7.67B USD +19.8%
Deferred Income Tax Assets, Net 302M USD -6.5%
Property, Plant and Equipment, Net 701M USD -3.58%
Operating Lease, Right-of-Use Asset 422M USD +1.44%
Intangible Assets, Net (Excluding Goodwill) 311M USD -7.16%
Goodwill 1.55B USD -2.52%
Other Assets, Noncurrent 362M USD +10.4%
Assets 11.3B USD +11.9%
Accounts Payable, Current 1.88B USD +0.05%
Accrued Liabilities, Current 1.92B USD +2.56%
Contract with Customer, Liability, Current 2.6B USD -3.64%
Liabilities, Current 7.75B USD +19.6%
Long-term Debt and Lease Obligation 8.32B USD +20.4%
Contract with Customer, Liability, Noncurrent 38M USD -20.8%
Deferred Income Tax Liabilities, Net 207M USD -15.5%
Operating Lease, Liability, Noncurrent 298M USD +2.06%
Other Liabilities, Noncurrent 383M USD -22.3%
Liabilities 16B USD +8.14%
Accumulated Other Comprehensive Income (Loss), Net of Tax -745M USD +0.67%
Retained Earnings (Accumulated Deficit) -978M USD +51.2%
Stockholders' Equity Attributable to Parent -4.85B USD +1.54%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -4.79B USD +1.44%
Liabilities and Equity 11.3B USD +11.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 171M USD -38.5%
Net Cash Provided by (Used in) Financing Activities -467M USD -37%
Net Cash Provided by (Used in) Investing Activities -79M USD -276%
Common Stock, Shares Authorized 2B shares 0%
Common Stock, Shares, Issued 439M shares +0.37%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -393M USD -431%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.32B USD +81.3%
Deferred Tax Assets, Valuation Allowance 250M USD +4.6%
Operating Lease, Liability 418M USD +2.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.65B USD +32.2%
Lessee, Operating Lease, Liability, to be Paid 455M USD +1.56%
Property, Plant and Equipment, Gross 1.89B USD -3.37%
Operating Lease, Liability, Current 120M USD +2.56%
Lessee, Operating Lease, Liability, to be Paid, Year Two 117M USD +3.54%
Lessee, Operating Lease, Liability, to be Paid, Year One 151M USD -1.31%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure -19.6%
Deferred Income Tax Expense (Benefit) 16M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 37M USD -5.13%
Lessee, Operating Lease, Liability, to be Paid, Year Three 81M USD +3.85%
Deferred Tax Assets, Operating Loss Carryforwards 201M USD -3.37%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 125M shares 0%
Unrecognized Tax Benefits 149M USD -62.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 49M USD 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 62M USD -7.46%
Deferred Tax Assets, Net of Valuation Allowance 576M USD -6.8%
Share-based Payment Arrangement, Expense 73M USD +14.1%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%