Otis Worldwide Statistics
Total Valuation
Otis Worldwide has a market cap or net worth of $37.37 billion. The enterprise value is $44.10 billion.
Important Dates
The next estimated earnings date is Wednesday, January 29, 2025, before market open.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | Nov 15, 2024 |
Share Statistics
Otis Worldwide has 399.46 million shares outstanding. The number of shares has decreased by -2.36% in one year.
| Current Share Class | 399.46M |
| Shares Outstanding | 399.46M |
| Shares Change (YoY) | -2.36% |
| Shares Change (QoQ) | -0.69% |
| Owned by Insiders (%) | 0.11% |
| Owned by Institutions (%) | 93.36% |
| Float | 398.67M |
Valuation Ratios
The trailing PE ratio is 23.29 and the forward PE ratio is 23.36. Otis Worldwide's PEG ratio is 2.34.
| PE Ratio | 23.29 |
| Forward PE | 23.36 |
| PS Ratio | 2.66 |
| Forward PS | 2.52 |
| PB Ratio | n/a |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 27.87 |
| P/OCF Ratio | 25.42 |
| PEG Ratio | 2.34 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 17.59, with an EV/FCF ratio of 32.88.
| EV / Earnings | 27.04 |
| EV / Sales | 3.10 |
| EV / EBITDA | 17.59 |
| EV / EBIT | 18.96 |
| EV / FCF | 32.88 |
Financial Position
The company has a current ratio of 0.80
| Current Ratio | 0.80 |
| Quick Ratio | 0.64 |
| Debt / Equity | n/a |
| Debt / EBITDA | 2.83 |
| Debt / FCF | 5.63 |
| Interest Coverage | 14.36 |
Financial Efficiency
| Return on Equity (ROE) | n/a |
| Return on Assets (ROA) | 14.08% |
| Return on Capital (ROIC) | 49.62% |
| Revenue Per Employee | $200,085 |
| Profits Per Employee | $22,972 |
| Employee Count | 71,000 |
| Asset Turnover | 1.38 |
| Inventory Turnover | 15.92 |
Taxes
In the past 12 months, Otis Worldwide has paid $308.00 million in taxes.
| Income Tax | 308.00M |
| Effective Tax Rate | 15.15% |
Stock Price Statistics
The stock price has increased by +4.16% in the last 52 weeks. The beta is 0.94, so Otis Worldwide's price volatility has been similar to the market average.
| Beta (5Y) | 0.94 |
| 52-Week Price Change | +4.16% |
| 50-Day Moving Average | 100.58 |
| 200-Day Moving Average | 97.53 |
| Relative Strength Index (RSI) | 29.77 |
| Average Volume (20 Days) | 1,836,113 |
Short Selling Information
The latest short interest is 6.78 million, so 1.70% of the outstanding shares have been sold short.
| Short Interest | 6.78M |
| Short Previous Month | 7.77M |
| Short % of Shares Out | 1.70% |
| Short % of Float | 1.70% |
| Short Ratio (days to cover) | 3.25 |
Income Statement
In the last 12 months, Otis Worldwide had revenue of $14.21 billion and earned $1.63 billion in profits. Earnings per share was $4.02.
| Revenue | 14.21B |
| Gross Profit | 4.26B |
| Operating Income | 2.33B |
| Pretax Income | 1.96B |
| Net Income | 1.63B |
| EBITDA | 2.51B |
| EBIT | 2.33B |
| Earnings Per Share (EPS) | $4.02 |
Full Income StatementBalance Sheet
The company has $827.00 million in cash and $7.55 billion in debt, giving a net cash position of -$6.72 billion or -$16.83 per share.
| Cash & Cash Equivalents | 827.00M |
| Total Debt | 7.55B |
| Net Cash | -6.72B |
| Net Cash Per Share | -$16.83 |
| Equity (Book Value) | -4.78B |
| Book Value Per Share | -12.27 |
| Working Capital | -1.60B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.47 billion and capital expenditures -$129.00 million, giving a free cash flow of $1.34 billion.
| Operating Cash Flow | 1.47B |
| Capital Expenditures | -129.00M |
| Free Cash Flow | 1.34B |
| FCF Per Share | $3.36 |
Full Cash Flow StatementMargins
Gross margin is 30.00%, with operating and profit margins of 16.37% and 11.48%.
| Gross Margin | 30.00% |
| Operating Margin | 16.37% |
| Pretax Margin | 14.31% |
| Profit Margin | 11.48% |
| EBITDA Margin | 17.65% |
| EBIT Margin | 16.37% |
| FCF Margin | 9.44% |
Dividends & Yields
This stock pays an annual dividend of $1.56, which amounts to a dividend yield of 1.67%.
| Dividend Per Share | $1.56 |
| Dividend Yield | 1.67% |
| Dividend Growth (YoY) | 15.27% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 38.84% |
| Buyback Yield | 2.36% |
| Shareholder Yield | 4.03% |
| Earnings Yield | 4.36% |
| FCF Yield | 3.59% |
Dividend DetailsAnalyst Forecast
The average price target for Otis Worldwide is $105.83, which is 13.12% higher than the current price. The consensus rating is "Hold".
| Price Target | $105.83 |
| Price Target Difference | 13.12% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 2.73% |
| EPS Growth Forecast (5Y) | 10.10% |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Otis Worldwide has an Altman Z-Score of 3.27 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.27 |
| Piotroski F-Score | 5 |