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-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 87.8 % -4.94%
Quick Ratio 8.46 % -7.54%
Debt-to-equity -298 % +1.83%
Return On Equity -33.4 % -15.1%
Return On Assets 16.3 % +18.6%
Operating Margin 14.1 % -8.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 399M shares -2.39%
Common Stock, Shares, Outstanding 437M shares +0.32%
Entity Public Float 36.6B USD +23.4%
Common Stock, Value, Issued 245M USD +23.7%
Weighted Average Number of Shares Outstanding, Basic 400M shares -2.58%
Weighted Average Number of Shares Outstanding, Diluted 403M shares -2.66%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 14.2B USD +1.27%
Research and Development Expense 152M USD +4.83%
Costs and Expenses 12B USD +0.39%
Operating Income (Loss) 2B USD -7.24%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.03B USD +1.2%
Income Tax Expense (Benefit) 308M USD -42.6%
Net Income (Loss) Attributable to Parent 1.63B USD +18.2%
Earnings Per Share, Basic 4.04 USD/shares +20.6%
Earnings Per Share, Diluted 4.01 USD/shares +21.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 827M USD -49.5%
Accounts Receivable, after Allowance for Credit Loss, Current 3.6B USD +4.31%
Inventory, Net 625M USD +0.16%
Other Assets, Current 663M USD +120%
Assets, Current 6.5B USD -3.76%
Deferred Income Tax Assets, Net 315M USD +8.62%
Property, Plant and Equipment, Net 721M USD +1.84%
Operating Lease, Right-of-Use Asset 409M USD -1.92%
Intangible Assets, Net (Excluding Goodwill) 330M USD -1.79%
Goodwill 1.63B USD +5.37%
Other Assets, Noncurrent 361M USD +5.25%
Assets 10.3B USD -1.24%
Accounts Payable, Current 1.78B USD +7.49%
Accrued Liabilities, Current 1.86B USD +8.06%
Contract with Customer, Liability, Current 2.79B USD +0.11%
Liabilities, Current 8.1B USD +20%
Long-term Debt and Lease Obligation 6.91B USD +3.58%
Contract with Customer, Liability, Noncurrent 41M USD -12.8%
Deferred Income Tax Liabilities, Net 215M USD -16.7%
Operating Lease, Liability, Noncurrent 286M USD -2.39%
Other Liabilities, Noncurrent 385M USD -21.1%
Liabilities 15B USD +0.27%
Accumulated Other Comprehensive Income (Loss), Net of Tax -804M USD -24.1%
Retained Earnings (Accumulated Deficit) -1.15B USD +47.2%
Stockholders' Equity Attributable to Parent -4.9B USD -2.36%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -4.84B USD -2.16%
Liabilities and Equity 10.3B USD -1.24%

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 438M shares +0.34%
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 832M USD -49.3%
Deferred Tax Assets, Valuation Allowance 239M USD -0.42%
Operating Lease, Liability 409M USD -7.47%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.48B USD +12.4%
Lessee, Operating Lease, Liability, to be Paid 448M USD -1.97%
Property, Plant and Equipment, Gross 1.96B USD +4.76%
Operating Lease, Liability, Current 117M USD -7.87%
Lessee, Operating Lease, Liability, to be Paid, Year Two 113M USD -3.42%
Lessee, Operating Lease, Liability, to be Paid, Year One 153M USD +2%
Operating Lease, Weighted Average Discount Rate, Percent 5.1 pure +34.2%
Deferred Income Tax Expense (Benefit) 16M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 39M USD +160%
Lessee, Operating Lease, Liability, to be Paid, Year Three 78M USD -2.5%
Deferred Tax Assets, Operating Loss Carryforwards 208M USD +8.9%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 125M shares 0%
Unrecognized Tax Benefits 394M USD +2.07%
Lessee, Operating Lease, Liability, to be Paid, Year Four 49M USD 0%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 61M USD -11.6%
Deferred Tax Assets, Net of Valuation Allowance 618M USD +5.1%
Share-based Payment Arrangement, Expense 67M USD -10.7%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%