Revenue segments as reported by the company.

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

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

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Year over year growth in Revenue and Operating Expenses.

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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.

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South Carolina factory becomes first in elevator industry to achieve milestone in TRUE program. FLORENCE, S.C.

Otis Florence Factory Receives Zero Waste to Landfill Certification

Otis shares have gained 22% since Q3 results but remain 7% lower than a year ago and are at 25.8x EPS and a 1.5% Dividend Yield. Our investment case is broadly on track. Adjusted EPS is expected to grow 3-5% in dollars in 2022, despite macro headwinds.

Otis Worldwide: Strong Elevation After Q3 Results Should Continue

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

Why Is Otis Worldwide (OTIS) Up 11.6% Since Last Earnings Report?

Solid operational improvement, a lower share count and the Zardoya transaction boost Otis Worldwide's (OTIS) Q3 earnings.

Otis (OTIS) Q3 Earnings Beat, Increases Y/Y on Strong Margins

Otis Worldwide Corporation (NYSE:OTIS ) Q3 2022 Earnings Conference Call October 26, 2022 8:30 AM ET Company Participants Michael Rednor - Senior Director of Investor Relations Judy Marks - President, Chief Executive Officer and Chairman Anurag Maheshwari - Executive Vice President and Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Jeffrey Sprague - Vertical Research Julian Mitchell - Barclays Stephen Tusa - JPMorgan John Walsh - Credit Suisse Joseph O'Dea - Wells Fargo Gautam Khanna - Cowen Joel Spungin - Berenberg Operator Good day and thank you for standing by. Welcome to the Otis' Third Quarter 2022 Earnings Conference Call.

Otis Worldwide Corporation (OTIS) Q3 2022 Earnings Call Transcript

Otis Worldwide (OTIS) delivered earnings and revenue surprises of 2.56% and 2.76%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Otis Worldwide (OTIS) Q3 Earnings Surpass Estimates

Delivers solid third quarter results driven by mid-single digit organic Service growth 3Q Net sales down 7.6% and organic sales up 0.8%. GAAP EPS ~flat and adjusted EPS up 5.3% 3Q New Equipment orders down 0.8%, up 7.4% excluding China; NE backlog ~flat, adjusted backlog up 12% at constant currency 3Q Maintenance portfolio units were up 3.8% YTD GAAP cash flow from operations of $1.1 billion; free cash flow of $1.0 billion, or 106% of net income Revised full-year outlook1 with organic sales up 2.0 to 2.5%, adjusted EPS of $3.11 to $3.15 and free cash flow of $1.5 to $1.6 billion.

OTIS REPORTS THIRD QUARTER 2022 RESULTS

FARMINGTON, Conn. , Oct. 24, 2022 /PRNewswire/ -- Otis Worldwide (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation and service, has appointed Nelda Connors to its Board of Directors, effective October 28, 2022.

Nelda Connors Appointed to Otis Worldwide Board of Directors

Otis Worldwide's (OTIS) third-quarter results are expected to reflect the adverse impacts of inflation.

Factors Setting the Tone for Otis Worldwide (OTIS) Q3 Earnings

FARMINGTON, Conn. , Oct. 6, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 26, 2022, at 8:30 a.m.

Otis Third Quarter 2022 Earnings Advisory

Made to Move Communities™ global challenge pairs local students with Otis volunteers to address one of the most significant issues of our time. FARMINGTON, Conn.

Students Tackle Climate Change Using STEM Skills

Otis Worldwide Corporation (NYSE:OTIS ) Morgan Stanley 10th Annual Laguna Conference September 16, 2022 12:20 PM ET Company Participants Judy Marks - Chairman, President and CEO Conference Call Participants Josh Pokrzywinski - Morgan Stanley Josh Pokrzywinski All right. Good morning, everybody.

Otis Worldwide Corporation (OTIS) Presents at Morgan Stanley 10th Annual Laguna Conference (Transcript)

Otis stock has fallen by 20%+ in the past year after elevator companies have been hit by the slowdown in China and higher input costs. Otis has lower exposure to China than main rival Kone and is still expecting to grow its EPS by 4-7% this year despite FX headwinds.

Otis: The Better Elevator Stock, As Confirmed By Strong H1 Results

Digital innovation and operational improvement benefit Otis (OTIS) despite the headwind from foreign exchange translation.

Otis (OTIS) Up 6.5% in Past 6 Months Amid FX Woes: Here's Why

Otis reported mixed earnings in its second quarter. A deeper look shows the quarter may have been better than it appeared, but there are risks in its China business.

Up 11% in a Month, Is This Elevator Stock a Buy Right Now?

Solid operational improvement and a lower effective tax rate boost Otis Worldwide's (OTIS) Q2 earnings.

Otis' (OTIS) Stock up on Q2 Earnings Beat, Sales Lag Estimates

Otis Worldwide Corp (NYSE:OTIS ) Q2 2022 Earnings Conference Call July 27, 2022 8:30 AM ET Company Participants Michael Rednor - Senior Director, IR Judith Marks - Chair, President & CEO Rahul Ghai - CFO Anurag Maheshwari - Upcoming CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners Nigel Coe - Wolfe Research Nicholas Housden - RBC Capital Markets Charles Tusa - JPMorgan Chase & Co. John Walsh - Crédit Suisse Miguel Borrega - BNP Paribas Exane Julian Mitchell - Barclays Bank Joel Spungin - Berenberg Operator Good day, and thank you for standing by. Welcome to the Otis Second Quarter 2022 Earnings Conference Call.

Otis Worldwide Corp (OTIS) CEO Judith Marks on Q2 2022 Results - Earnings Call Transcript

Otis Worldwide (OTIS) delivered earnings and revenue surprises of 10.26% and 1.50%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Otis Worldwide (OTIS) Beats Q2 Earnings Estimates

Delivers solid second quarter results with high teens New Equipment order growth, mid-single digit organic Service sales growth and low teens adjusted EPS growth 2Q Net sales down 5.8% and organic sales up 0.4%. GAAP EPS ~flat and adjusted EPS up 11.7% 2Q New Equipment orders up 16.5%; NE backlog up 6%, adjusted backlog up 10% at constant currency 2Q Maintenance portfolio units were up nearly 3.5% YTD GAAP cash flow from operations of $857 million; free cash flow of $800 million, or 127% of net income Completed the delisting of Zardoya Otis and reached an agreement to divest our Russia business with closing expected imminently Revised full-year outlook1 with organic sales up 2.5 to 3.5%, adjusted EPS of $3.17 to $3.21 and free cash flow of ~$1.6 billion FARMINGTON, Conn.

OTIS REPORTS SECOND QUARTER 2022 RESULTS

Otis Worldwide's (OTIS) second-quarter revenues and earnings are expected to have been affected by inflation.

Otis Worldwide (OTIS) to Report Lackluster Earnings in Q2

Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Otis Worldwide (OTIS) Q2 Earnings Expected to Decline

FARMINGTON, Conn. , July 12, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 27, 2022, at 8:30 a.m.

Otis Second Quarter 2022 Earnings Advisory

He succeeds Rahul Ghai to lead financial activities at Otis FARMINGTON, Conn. , June 27, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Anurag Maheshwari as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks.

Otis Appoints Anurag Maheshwari Executive Vice President & Chief Financial Officer

Otis Worldwide made a new 52-week low last week. The company has leading franchises in elevators and escalators, with a strong service business that has a high retention rate.

News for Otis Worldwide Stock (OTIS)