Revenue segments as reported by the company.

New Equipment

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Other income (expense), net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Otis Worldwide

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services, and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Otis Worldwide reports strong Q4 performance and outlines growth plans

Otis Worldwide showcased robust performance in Q4 2022, with growth in key metrics and strategic initiatives driving future growth prospects.
Despite challenges from headwinds, the company's strengths in margin expansion, global projects, and ESG efforts position it well for continued success.
With a focus on enhancing productivity, customer relationships, and cash flow conversion, Otis is poised to capitalize on opportunities for sustained growth and profitability.

Otis Worldwide reports strong Q1 results, eyes growth opportunities in Asia

Otis Worldwide's Q1 performance reflects a robust business model with positive growth indicators and strategic capital allocation. While facing regional challenges, the company remains confident in its outlook and aims for sustained profitability and growth.

Otis Worldwide reports strong Q2 performance and eyes growth opportunities in Asia

Otis Worldwide reported a strong Q2 performance with high single-digit organic sales growth, expanded profit margins, and notable EPS growth. The company showcased strength in securing global contracts, emphasizing sustainability, and introducing operational efficiency initiatives.
While facing challenges with new equipment orders and market uncertainties in China, Otis has opportunities to leverage its strong market presence, focus on sustainability, and capitalize on growth in Asia. Initiatives like the UpLift program and mod margin enhancements position the company for future success.
Overall, Otis Worldwide's performance in Q2 reflects resilience and strategic focus, with a strong service segment, robust financial results, and a commitment to sustainability. The company's initiatives and market opportunities present a positive outlook for continued growth and profitability.

Otis Worldwide reports strong Q3 results amidst New Equipment challenges

Otis Worldwide's Q3 performance showcased strength in service segments and organic sales growth, despite challenges in New Equipment orders. The company's focus on key markets like China and initiatives like the Uplift program position it well for future growth.

Otis Worldwide reports robust Q4 performance and eyes modernization growth

Otis Worldwide's Q4 performance showcased strong growth in modernization orders, service sales, and global project wins, underpinned by innovation and sustainability goals.
While facing challenges in backlog volume and competitive markets, Otis remains focused on opportunities for margin growth, ESG initiatives, and market expansion.
The company's 2024 outlook is optimistic, with expectations of continued growth in key financial metrics and a strategic focus on modernization and service segments.

Otis Worldwide reports strong Q1 performance, eyes growth in India

Otis Worldwide's Q1 performance showcased growth in key segments, margin expansion, and strategic investments in growth markets like India. Challenges include margin maintenance in China and backlog conversion in the Modernization segment. Opportunities exist in acquisitions, supply chain optimization, and the high-growth market of India.

Otis Worldwide reports solid Q2 performance amidst market challenges

Otis Worldwide's Q2 performance showcased strength in the Service segment but faced challenges in New Equipment orders due to market conditions. The company's focus on ESG goals and cost-saving initiatives present opportunities for future growth and efficiency.

Otis Worldwide reports solid Q3 results, eyes growth opportunities

Otis Worldwide delivered a strong Q3 performance driven by service segment growth.
While facing challenges in New Equipment sales, the company is optimistic about future opportunities.
With a focus on operational excellence and shareholder value, Otis aims for continued growth in 2024.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

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Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Higher sales growth and solid margin expansion in both the segments help Otis Worldwide (OTIS) to post better-than-expected Q3 results.

Otis Worldwide (OTIS) Stock Down Despite Q3 Earnings Beat

Otis Worldwide (NYSE:OTIS) reported its Q3 earnings results on Monday, October 25, 2021 at 06:00 AM. Here's what investors need to know about the announcement.

Otis Worldwide: Q3 Earnings Insights

Otis Worldwide Corp (NYSE: OTIS) reported third-quarter FY21 sales growth of 10.8% year-over-year to $3.62 billion, +8.1% on an organic basis, beating the consensus of $3.54 billion. New Equipment sales of $1.68 billion (+18.1% Y/Y), +14.1% organic.

Otis Worldwide Q3 Earnings Beat Estimates

Otis Worldwide Corp. OTIS, +0.33% reported Monday third-quarter profit and sales that rose above expectations, with sales growth exceeding the rise in expenses, and raised its full-year outlook. The elevator and escalator maker said net income increased to $331 million, or 77 cents, from $266 million, or 61 cents a share, in the year-ago period.

Otis beats profit and sales expectations, raised full-year outlook

FARMINGTON, Conn., Oct. 25, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported third quarter 2021 net sales of $3.6 billion with 8.1% organic growth.

Otis Reports Third Quarter 2021 Results

Otis Worldwide (OTIS) is likely to have witnessed higher revenues and earnings in the third quarter, given favorable service pricing as well as productivity initiatives.

Otis (OTIS) to Post Higher Q3 Earnings on Favorable Pricing

Kimberly-Clark

Restaurant Brands

Of nearly 80 companies in our watch list that reported earnings late Wednesday or before markets opened Thursday, more than 15 posted negative earnings surprises and just two met expectations exactly.

Earnings Previews: Kimberly-Clark, Otis Worldwide, Restaurant Brands

Otis Worldwide (OTIS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Otis Worldwide (OTIS) Ahead of Earnings?

Otis Worldwide became public somewhat recently via the spin-off from United Technologies. The business is legendary, having been around since 1853, and remains very stable to this day.

Buy The Dip In Otis Worldwide For A Nearly Risk Free Retirement Portfolio

FARMINGTON, Conn., Oct. 8, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, October 25, 2021, at 8:30 a.m.

Otis Third Quarter 2021 Earnings Advisory

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The Dividend Aristocrats have historically beat the market with less volatility. Can you improve your odds by paying attention to certain metrics such as quality or safety?

Going One Better Than The Dividend Aristocrats

Otis Worldwide (OTIS) announces a cash tender offer for acquiring the remaining interest in a Spain-based premier elevator business.

Otis (OTIS) to Buy Remaining 49.99% Share in Zardoya Otis

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Rio Tinto plc Sponsored

The slowdown in China's property markets might be good news for companies suffering soaring costs of raw materials in 2021.

September Sell-Off: How to Navigate the Market

Otis Worldwide Corp (NYSE: OTIS) announced a tender off for all of the shares it does not currently own in Zardoya Otis, S.A. for an offer price of €7.00 in cash.

Otis To Buyout Interest In Zardoya Otis

Otis Worldwide Corp. OTIS, +2.79% announced Thursday an agreement to buy the 49.99% of Zardoya Otis S.A. ZOT, +31.40% in a deal valuing Zardoya at EUR3.3 billion ($3.87 billion).

Otis deal to buy the near-50% of Zardoya Otis it doesn't own values Zardoya at $3.9 billion

FARMINGTON, Conn., Sept. 23, 2021 /PRNewswire/ -- Otis Worldwide Corporation ("Otis") (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, today announced a tender offer through its wholly-owned subsidiary, Opal Spanish Holdings, S.A.U.

Otis Announces Cash Tender Offer for Remaining 49.99% Interest in Zardoya Otis

Morgan Stanley

Otis Worldwide's (OTIS) CEO Judy Marks Presents at Morgan Stanley Virtual Conference (Transcript)

The demand for vertical transportation systems such as lifts and escalators is rapidly increasing due to the growing population and increasing industrialization across the globe. As per Research & Markets data, the elevator and escalator market in the U.S. alone is poised to grow by $1.34 billion from 2021 to 2025, driven by a combination of modernization and maintenance-related factors.

Otis Worldwide: A Resilient, Market-Leading Blue Chip

FARMINGTON, Conn., Aug. 30, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) President & CEO Judy Marks will participate in the virtual 9th annual Laguna conference hosted by Morgan Stanley on Tuesday, September 14, 2021 at 10:30 a.m.

Otis CEO to speak at Morgan Stanley Virtual Conference

Solid 2021 view, focus on innovation and business combinations to aid Otis Worldwide (OTIS).

Why You Should Add Otis (OTIS) Stock to Your Portfolio

Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

Otis Worldwide (OTIS) Up 2.4% Since Last Earnings Report: Can It Continue?

The leading elevator company is firing on all cylinders right now.

3 Reasons to Buy Otis Stock

Otis Worldwide (OTIS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Otis Worldwide (OTIS) Soars to 52-Week High, Time to Cash Out?

Judy Marks speaks after elevator company reports robust second-quarter results.

Otis CEO Says Urbanization Will Fuel Growth, Calls Services a 'Jewel'

Otis Worldwide Corporation CEO Judith Marks on Q2 2021 Results - Earnings Call Transcript

News for Otis Worldwide Stock (OTIS)