Otis Worldwide Corporation (OTIS)
NYSE: OTIS · Real-Time Price · USD
98.53
-0.50 (-0.50%)
Feb 21, 2025, 9:33 AM EST - Market open
Otis Worldwide Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2017 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2017 |
| Revenue | 14,261 | 14,209 | 13,685 | 14,298 | 12,756 | Upgrade
|
| Revenue Growth (YoY) | 0.37% | 3.83% | -4.29% | 12.09% | -2.76% | Upgrade
|
| Cost of Revenue | 9,976 | 10,010 | 9,743 | 10,083 | 8,955 | Upgrade
|
| Gross Profit | 4,285 | 4,199 | 3,942 | 4,215 | 3,801 | Upgrade
|
| Selling, General & Admin | 1,818 | 1,828 | 1,727 | 1,909 | 1,769 | Upgrade
|
| Research & Development | 152 | 144 | 150 | 159 | 152 | Upgrade
|
| Other Operating Expenses | -35 | -17 | -31 | -24 | -38 | Upgrade
|
| Operating Expenses | 1,935 | 1,955 | 1,846 | 2,044 | 1,883 | Upgrade
|
| Operating Income | 2,350 | 2,244 | 2,096 | 2,171 | 1,918 | Upgrade
|
| Interest Expense | -169 | -150 | -143 | -136 | -122 | Upgrade
|
| Currency Exchange Gain (Loss) | 7 | 20 | 16 | 9 | -4 | Upgrade
|
| EBT Excluding Unusual Items | 2,188 | 2,114 | 1,969 | 2,044 | 1,792 | Upgrade
|
| Merger & Restructuring Charges | -136 | -83 | -60 | -56 | -77 | Upgrade
|
| Asset Writedown | -18 | - | - | - | -85 | Upgrade
|
| Legal Settlements | -12 | - | - | - | - | Upgrade
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| Other Unusual Items | 17 | - | -21 | -27 | -119 | Upgrade
|
| Pretax Income | 2,039 | 2,031 | 1,888 | 1,961 | 1,511 | Upgrade
|
| Income Tax Expense | 305 | 533 | 519 | 541 | 455 | Upgrade
|
| Earnings From Continuing Operations | 1,734 | 1,498 | 1,369 | 1,420 | 1,056 | Upgrade
|
| Minority Interest in Earnings | -89 | -92 | -116 | -174 | -150 | Upgrade
|
| Net Income | 1,645 | 1,406 | 1,253 | 1,246 | 906 | Upgrade
|
| Net Income to Common | 1,645 | 1,406 | 1,253 | 1,246 | 906 | Upgrade
|
| Net Income Growth | 17.00% | 12.21% | 0.56% | 37.53% | -18.82% | Upgrade
|
| Shares Outstanding (Basic) | 402 | 411 | 420 | 428 | 433 | Upgrade
|
| Shares Outstanding (Diluted) | 404 | 415 | 423 | 431 | 435 | Upgrade
|
| Shares Change (YoY) | -2.46% | -1.99% | -1.95% | -0.74% | 0.35% | Upgrade
|
| EPS (Basic) | 4.10 | 3.42 | 2.98 | 2.91 | 2.09 | Upgrade
|
| EPS (Diluted) | 4.07 | 3.39 | 2.96 | 2.89 | 2.08 | Upgrade
|
| EPS Growth | 20.06% | 14.53% | 2.42% | 38.94% | -18.33% | Upgrade
|
| Free Cash Flow | 1,437 | 1,489 | 1,445 | 1,594 | 1,297 | Upgrade
|
| Free Cash Flow Per Share | 3.55 | 3.59 | 3.42 | 3.69 | 2.98 | Upgrade
|
| Dividend Per Share | 1.510 | 1.310 | 1.110 | 0.920 | 0.600 | Upgrade
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| Dividend Growth | 15.27% | 18.02% | 20.65% | 53.33% | - | Upgrade
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| Gross Margin | 30.05% | 29.55% | 28.81% | 29.48% | 29.80% | Upgrade
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| Operating Margin | 16.48% | 15.79% | 15.32% | 15.18% | 15.04% | Upgrade
|
| Profit Margin | 11.53% | 9.90% | 9.16% | 8.71% | 7.10% | Upgrade
|
| Free Cash Flow Margin | 10.08% | 10.48% | 10.56% | 11.15% | 10.17% | Upgrade
|
| EBITDA | 2,531 | 2,437 | 2,287 | 2,374 | 2,109 | Upgrade
|
| EBITDA Margin | 17.75% | 17.15% | 16.71% | 16.60% | 16.53% | Upgrade
|
| D&A For EBITDA | 181 | 193 | 191 | 203 | 191 | Upgrade
|
| EBIT | 2,350 | 2,244 | 2,096 | 2,171 | 1,918 | Upgrade
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| EBIT Margin | 16.48% | 15.79% | 15.32% | 15.18% | 15.04% | Upgrade
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| Effective Tax Rate | 14.96% | 26.24% | 27.49% | 27.59% | 30.11% | Upgrade
|
| Revenue as Reported | 14,261 | 14,209 | 13,685 | 14,298 | 12,756 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.