O
Otis Worldwide Corporation
OTIS · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market cap | $34,042 | $36,994 | $36,616 | $32,623 | $36,985 | $28,693 | – | – | – |
| Enterprise value | $41,742 | $43,499 | $42,718 | $38,715 | $43,691 | $33,875 | – | – | – |
| P/E (TTM) at period end | 24.60× | 22.49× | 26.04× | 26.04× | 29.68× | 31.67× | – | – | – |
| P/S (TTM) at period end | 2.36× | 2.59× | 2.58× | 2.38× | 2.59× | 2.25× | – | – | – |
| P/B at period end | – | – | – | – | – | – | – | – | – |
| EV / EBITDA (TTM) | 18.09× | 19.87× | 17.96× | 17.41× | 18.91× | 18.51× | – | – | – |
| EV / Sales (TTM) | 2.89× | 3.05× | 3.01× | 2.83× | 3.06× | 2.66× | – | – | – |
| Returns | |||||||||
| Return on equity | – | – | – | – | – | – | 64.9% | 66.9% | 32.4% |
| Return on invested capital | 69.5% | 103.1% | 136.9% | 120.6% | 49.5% | 86.8% | 99.0% | 165.2% | 81.0% |
| Dividend yield | 1.9% | 1.6% | 1.5% | 1.4% | 1.1% | 0.9% | – | – | – |
| Financial health | |||||||||
| Current ratio | 0.85× | 0.99× | 0.99× | 0.90× | 1.32× | 0.97× | 1.05× | 1.06× | 1.12× |
| Debt / equity | (1.48×) | (1.72×) | (1.40×) | (1.39×) | (2.01×) | (1.54×) | 0.00× | 0.02× | 0.01× |
| Effective tax rate | 24.8% | 15.0% | 26.2% | 27.5% | 27.6% | 30.1% | 31.9% | 36.1% | 58.7% |
| Share count | |||||||||
| Diluted shares outstanding | 395 | 404 | 415 | 423 | 431 | 435 | 433 | 433 | 436 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and gross profit | ||||||||||
| Revenue | $14,911 | $14,431 | $14,261 | $14,209 | $13,685 | $14,298 | $12,756 | $13,118 | $12,915 | $12,323 |
| Cost of revenue | ($10,413) | ($10,061) | ($10,004) | ($10,016) | ($9,765) | ($10,105) | ($8,977) | ($9,292) | ($9,189) | ($8,621) |
| Gross profit | $4,498 | $4,370 | $4,257 | $4,193 | $3,920 | $4,193 | $3,779 | $3,826 | $3,726 | $3,702 |
| Operating expenses | ||||||||||
| Research and development | ($154) | ($152) | ($152) | ($144) | ($150) | ($159) | ($152) | ($163) | ($181) | ($175) |
| Selling, general and administrative | ($2,046) | ($1,979) | ($1,861) | ($1,884) | ($1,763) | ($1,948) | ($1,924) | ($1,810) | ($1,735) | ($1,648) |
| Total operating expenses | ($2,209) | ($2,237) | ($2,249) | ($2,007) | ($1,887) | ($2,085) | ($2,140) | ($2,012) | ($1,891) | ($1,786) |
| Total costs and expenses | ($12,622) | ($12,298) | ($12,253) | ($12,023) | ($11,652) | ($12,190) | ($11,117) | ($11,304) | ($11,080) | ($10,407) |
| Operating income | $2,289 | $2,133 | $2,008 | $2,186 | $2,033 | $2,108 | $1,639 | $1,814 | $1,835 | $1,916 |
| Earnings | ||||||||||
| EBITDA | $2,461 | $2,308 | $2,189 | $2,379 | $2,224 | $2,311 | $1,830 | $1,994 | $2,025 | $2,093 |
| Interest income | – | ($196) | $31 | ($150) | – | – | – | $53 | $51 | $61 |
| Interest expense | ($230) | ($217) | ($183) | ($155) | ($140) | ($136) | ($124) | – | ($37) | ($40) |
| Pre-tax income | $2,074 | $1,934 | $2,039 | $2,031 | $1,888 | $1,961 | $1,511 | $1,861 | $1,893 | $1,957 |
| Income tax expense | ($496) | ($479) | ($305) | ($533) | ($519) | ($541) | ($455) | ($594) | ($683) | ($1,148) |
| Net income | $1,516 | $1,384 | $1,645 | $1,406 | $1,253 | $1,246 | $906 | $1,116 | $1,049 | $636 |
| Per share | ||||||||||
| Diluted EPS (GAAP) | $3.89 | $3.50 | $4.07 | $3.39 | $2.96 | $2.89 | $2.08 | $2.55 | $2.42 | $1.47 |
| Basic EPS (GAAP) | $3.92 | $3.52 | $4.10 | $3.42 | $2.98 | $2.91 | $2.09 | $2.55 | $2.42 | $1.47 |
| Basic shares outstanding | 389 | 393 | 402 | 411 | 420 | 428 | 433 | 433 | 433 | 433 |
| Margins | ||||||||||
| Gross margin | 30.2% | 30.3% | 29.9% | 29.5% | 28.6% | 29.3% | 29.6% | 29.2% | 28.9% | 30.0% |
| Operating margin | 15.4% | 14.8% | 14.1% | 15.4% | 14.9% | 14.7% | 12.8% | 13.8% | 14.2% | 15.5% |
| Net margin | 10.2% | 9.6% | 11.5% | 9.9% | 9.2% | 8.7% | 7.1% | 8.5% | 8.1% | 5.2% |