Otis Worldwide Statistics
Total Valuation
Otis Worldwide has a market cap or net worth of $37.38 billion. The enterprise value is $43.66 billion.
| Market Cap | 37.38B |
| Enterprise Value | 43.66B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, before market open.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | May 16, 2024 |
Share Statistics
Otis Worldwide has 405.46 million shares outstanding. The number of shares has decreased by -2.32% in one year.
| Shares Outstanding | 405.46M |
| Shares Change (YoY) | -2.32% |
| Shares Change (QoQ) | -1.57% |
| Owned by Insiders (%) | 0.14% |
| Owned by Institutions (%) | 90.58% |
| Float | 404.31M |
Valuation Ratios
The trailing PE ratio is 26.65 and the forward PE ratio is 23.34. Otis Worldwide's PEG ratio is 2.69.
| PE Ratio | 26.65 |
| Forward PE | 23.34 |
| PS Ratio | 2.61 |
| Forward PS | 2.49 |
| PB Ratio | n/a |
| P/FCF Ratio | 27.17 |
| PEG Ratio | 2.69 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.90, with an EV/FCF ratio of 31.73.
| EV / Earnings | 30.58 |
| EV / Sales | 3.05 |
| EV / EBITDA | 18.90 |
| EV / EBIT | 20.60 |
| EV / FCF | 31.73 |
Financial Position
The company has a current ratio of 0.97
| Current Ratio | 0.97 |
| Quick Ratio | 0.72 |
| Debt / Equity | n/a |
| Debt / EBITDA | 3.10 |
| Debt / FCF | 5.21 |
| Interest Coverage | 13.17 |
Financial Efficiency
Return on equity (ROE) is -29.20% and return on invested capital (ROIC) is 74.53%.
| Return on Equity (ROE) | -29.20% |
| Return on Assets (ROA) | 14.10% |
| Return on Capital (ROIC) | 74.53% |
| Revenue Per Employee | $201,408 |
| Profits Per Employee | $20,113 |
| Employee Count | 71,000 |
| Asset Turnover | 1.42 |
| Inventory Turnover | 16.32 |
Taxes
In the past 12 months, Otis Worldwide has paid $531.00 million in taxes.
| Income Tax | 531.00M |
| Effective Tax Rate | 27.11% |
Stock Price Statistics
The stock price has increased by +12.60% in the last 52 weeks. The beta is 0.91, so Otis Worldwide's price volatility has been similar to the market average.
| Beta (1Y) | 0.91 |
| 52-Week Price Change | +12.60% |
| 50-Day Moving Average | 96.30 |
| 200-Day Moving Average | 87.90 |
| Relative Strength Index (RSI) | 34.87 |
| Average Volume (30 Days) | 1,953,080 |
Short Selling Information
The latest short interest is 5.37 million, so 1.32% of the outstanding shares have been sold short.
| Short Interest | 5.37M |
| Short Previous Month | 6.00M |
| Short % of Shares Out | 1.32% |
| Short % of Float | 1.33% |
| Short Ratio (days to cover) | 3.23 |
Income Statement
In the last 12 months, Otis Worldwide had revenue of $14.30 billion and earned $1.43 billion in profits. Earnings per share was $3.46.
| Revenue | 14.30B |
| Gross Profit | 4.23B |
| Operating Income | 2.19B |
| Pretax Income | 1.96B |
| Net Income | 1.43B |
| EBITDA | 2.31B |
| EBIT | 2.12B |
| Earnings Per Share (EPS) | $3.46 |
Balance Sheet
The company has $884.00 million in cash and $7.17 billion in debt, giving a net cash position of -$6.28 billion or -$15.49 per share.
| Cash & Cash Equivalents | 884.00M |
| Total Debt | 7.17B |
| Net Cash | -6.28B |
| Net Cash Per Share | -$15.49 |
| Equity / Book Value | -5.02B |
| Book Value Per Share | -12.39 |
| Working Capital | -180.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.52 billion and capital expenditures -$144.00 million, giving a free cash flow of $1.38 billion.
| Operating Cash Flow | 1.52B |
| Capital Expenditures | -144.00M |
| Free Cash Flow | 1.38B |
| FCF Per Share | $3.40 |
Margins
Gross margin is 29.55%, with operating and profit margins of 15.31% and 9.99%.
| Gross Margin | 29.55% |
| Operating Margin | 15.31% |
| Pretax Margin | 13.70% |
| Profit Margin | 9.99% |
| EBITDA Margin | 16.15% |
| EBIT Margin | 14.83% |
| FCF Margin | 9.62% |
Dividends & Yields
This stock pays an annual dividend of $1.56, which amounts to a dividend yield of 1.69%.
| Dividend Per Share | $1.56 |
| Dividend Yield | 1.69% |
| Dividend Growth (YoY) | 16.53% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 45.09% |
| Buyback Yield | 2.32% |
| Shareholder Yield | 4.01% |
| Earnings Yield | 3.82% |
| FCF Yield | 3.68% |
Analyst Forecast
The average price target for Otis Worldwide is $97.43, which is 5.67% higher than the current price. The consensus rating is "Hold".
| Price Target | $97.43 |
| Price Target Difference | 5.67% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 4.14% |
| EPS Growth Forecast (5Y) | 11.16% |
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 3.43 and a Piotroski F-Score of 8.
| Altman Z-Score | 3.43 |
| Piotroski F-Score | 8 |