Otis Worldwide Corporation (OTIS)
NYSE: OTIS · Real-Time Price · USD
99.69
-0.59 (-0.59%)
At close: Nov 20, 2024, 4:00 PM
98.00
-1.69 (-1.70%)
Pre-market: Nov 21, 2024, 4:41 AM EST

Otis Worldwide Statistics

Total Valuation

Otis Worldwide has a market cap or net worth of $39.82 billion. The enterprise value is $46.67 billion.

Market Cap 39.82B
Enterprise Value 46.67B

Important Dates

The last earnings date was Wednesday, October 30, 2024, before market open.

Earnings Date Oct 30, 2024
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 (%) 0.12%
Owned by Institutions (%) 93.90%
Float 398.65M

Valuation Ratios

The trailing PE ratio is 24.82 and the forward PE ratio is 24.72. Otis Worldwide's PEG ratio is 2.35.

PE Ratio 24.82
Forward PE 24.72
PS Ratio 2.83
Forward PS 10.61
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio 29.70
P/OCF Ratio 27.09
PEG Ratio 2.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.61, with an EV/FCF ratio of 34.80.

EV / Earnings 28.61
EV / Sales 3.28
EV / EBITDA 18.61
EV / EBIT 20.06
EV / FCF 34.80

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 +17.92% 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 +17.92%
50-Day Moving Average 100.90
200-Day Moving Average 96.88
Relative Strength Index (RSI) 46.07
Average Volume (20 Days) 2,102,460

Short Selling Information

The latest short interest is 7.77 million, so 1.94% of the outstanding shares have been sold short.

Short Interest 7.77M
Short Previous Month 8.48M
Short % of Shares Out 1.94%
Short % of Float 1.95%
Short Ratio (days to cover) 3.68

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 8.82%

Dividends & Yields

This stock pays an annual dividend of $1.56, which amounts to a dividend yield of 1.57%.

Dividend Per Share $1.56
Dividend Yield 1.57%
Dividend Growth (YoY) 15.27%
Years of Dividend Growth 4
Payout Ratio 38.84%
Buyback Yield 2.36%
Shareholder Yield 3.92%
Earnings Yield 4.10%
FCF Yield 3.37%
Dividend Details

Analyst Forecast

The average price target for Otis Worldwide is $105.83, which is 6.16% higher than the current price. The consensus rating is "Hold".

Price Target $105.83
Price Target Difference 6.16%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) 3.59%
EPS Growth Forecast (5Y) 9.51%
Stock Forecasts

Stock 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