Otis Worldwide Corp Quarterly Income Tax Expense (Benefit) in USD from Q1 2019 to Q3 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Otis Worldwide Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q1 2019 to Q3 2024.
  • Otis Worldwide Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was -$45M, a 133% decline year-over-year.
  • Otis Worldwide Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $308M, a 42.6% decline year-over-year.
  • Otis Worldwide Corp annual Income Tax Expense (Benefit) for 2023 was $533M, a 2.7% increase from 2022.
  • Otis Worldwide Corp annual Income Tax Expense (Benefit) for 2022 was $519M, a 4.07% decline from 2021.
  • Otis Worldwide Corp annual Income Tax Expense (Benefit) for 2021 was $541M, a 18.9% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $308M -$45M -$182M -133% Jul 1, 2024 Sep 30, 2024 10-Q 2024-10-31
Q2 2024 $490M $94M -$41M -30.4% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-25
Q1 2024 $531M $126M -$2M -1.56% Jan 1, 2024 Mar 31, 2024 10-Q 2024-04-25
Q4 2023 $533M $133M -$4M -2.92% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-02
Q3 2023 $537M $137M -$6M -4.2% Jul 1, 2023 Sep 30, 2023 10-Q 2024-10-31
Q2 2023 $543M $135M +$32M +31.1% Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-25
Q1 2023 $511M $128M -$8M -5.88% Jan 1, 2023 Mar 31, 2023 10-Q 2024-04-25
Q4 2022 $519M $137M $0 0% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-02
Q3 2022 $519M $143M +$15M +11.7% Jul 1, 2022 Sep 30, 2022 10-Q 2023-10-26
Q2 2022 $504M $103M -$50M -32.7% Apr 1, 2022 Jun 30, 2022 10-Q 2023-07-27
Q1 2022 $554M $136M +$13M +10.6% Jan 1, 2022 Mar 31, 2022 10-Q 2023-04-27
Q4 2021 $541M $137M +$19M +16.1% Oct 1, 2021 Dec 31, 2021 10-K 2024-02-02
Q3 2021 $522M $128M +$25M +24.3% Jul 1, 2021 Sep 30, 2021 10-Q 2022-10-27
Q2 2021 $497M $153M +$44M +40.4% Apr 1, 2021 Jun 30, 2021 10-Q 2022-07-28
Q1 2021 $453M $123M -$2M -1.6% Jan 1, 2021 Mar 31, 2021 10-Q 2022-04-27
Q4 2020 $455M $118M -$65M -35.5% Oct 1, 2020 Dec 31, 2020 10-K 2023-02-03
Q3 2020 $520M $103M -$40M -28% Jul 1, 2020 Sep 30, 2020 10-Q 2021-10-26
Q2 2020 $560M $109M -$34M -23.8% Apr 1, 2020 Jun 30, 2020 10-Q 2021-07-28
Q1 2020 $594M $125M $0 0% Jan 1, 2020 Mar 31, 2020 10-Q 2021-04-28
Q4 2019 $594M $183M Oct 1, 2019 Dec 31, 2019 10-K 2022-02-04
Q3 2019 $143M Jul 1, 2019 Sep 30, 2019 10-Q 2020-10-28
Q2 2019 $143M Apr 1, 2019 Jun 30, 2019 10-Q 2020-07-31
Q1 2019 $125M Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.