Otis Worldwide Statistics
Total Valuation
Otis Worldwide has a market cap or net worth of $37.80 billion. The enterprise value is $44.32 billion.
| Market Cap | 37.80B |
| Enterprise Value | 44.32B |
Important Dates
The last earnings date was Wednesday, July 24, 2024, before market open.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | Aug 16, 2024 |
Share Statistics
Otis Worldwide has 404.32 million shares outstanding. The number of shares has decreased by -2.52% in one year.
| Shares Outstanding | 404.32M |
| Shares Change (YoY) | -2.52% |
| Shares Change (QoQ) | -0.64% |
| Owned by Insiders (%) | 0.14% |
| Owned by Institutions (%) | 89.92% |
| Float | 402.09M |
Valuation Ratios
The trailing PE ratio is 26.11 and the forward PE ratio is 30.52. Otis Worldwide's PEG ratio is 2.69.
| PE Ratio | 26.11 |
| Forward PE | 30.52 |
| PS Ratio | 2.67 |
| Forward PS | 3.31 |
| PB Ratio | n/a |
| P/FCF Ratio | 30.21 |
| PEG Ratio | 2.69 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 19.38, with an EV/FCF ratio of 35.42.
| EV / Earnings | 30.21 |
| EV / Sales | 3.13 |
| EV / EBITDA | 19.38 |
| EV / EBIT | 21.02 |
| EV / FCF | 35.42 |
Financial Position
The company has a current ratio of 0.79
| Current Ratio | 0.79 |
| Quick Ratio | 0.58 |
| Debt / Equity | n/a |
| Debt / EBITDA | 3.26 |
| Debt / FCF | 5.96 |
| Interest Coverage | 13.96 |
Financial Efficiency
Return on equity (ROE) is -29.70% and return on invested capital (ROIC) is 68.63%.
| Return on Equity (ROE) | -29.70% |
| Return on Assets (ROA) | 14.60% |
| Return on Capital (ROIC) | 68.63% |
| Revenue Per Employee | $199,732 |
| Profits Per Employee | $20,662 |
| Employee Count | 71,000 |
| Asset Turnover | 1.41 |
| Inventory Turnover | 16.00 |
Taxes
In the past 12 months, Otis Worldwide has paid $490.00 million in taxes.
| Income Tax | 490.00M |
| Effective Tax Rate | 25.04% |
Stock Price Statistics
The stock price has increased by +3.03% in the last 52 weeks. The beta is 0.93, so Otis Worldwide's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | +3.03% |
| 50-Day Moving Average | 97.19 |
| 200-Day Moving Average | 91.57 |
| Relative Strength Index (RSI) | 39.87 |
| Average Volume (20 Days) | 2,563,033 |
Short Selling Information
The latest short interest is 5.29 million, so 1.31% of the outstanding shares have been sold short.
| Short Interest | 5.29M |
| Short Previous Month | 4.98M |
| Short % of Shares Out | 1.31% |
| Short % of Float | 1.32% |
| Short Ratio (days to cover) | 2.52 |
Income Statement
In the last 12 months, Otis Worldwide had revenue of $14.18 billion and earned $1.47 billion in profits. Earnings per share was $3.58.
| Revenue | 14.18B |
| Gross Profit | 4.22B |
| Operating Income | 2.21B |
| Pretax Income | 1.96B |
| Net Income | 1.47B |
| EBITDA | 2.29B |
| EBIT | 2.11B |
| Earnings Per Share (EPS) | $3.58 |
Balance Sheet
The company has $942.00 million in cash and $7.46 billion in debt, giving a net cash position of -$6.52 billion or -$16.13 per share.
| Cash & Cash Equivalents | 942.00M |
| Total Debt | 7.46B |
| Net Cash | -6.52B |
| Net Cash Per Share | -$16.13 |
| Equity (Book Value) | -5.05B |
| Book Value Per Share | -12.48 |
| Working Capital | -1.66B |
Cash Flow
In the last 12 months, operating cash flow was $1.38 billion and capital expenditures -$131.00 million, giving a free cash flow of $1.25 billion.
| Operating Cash Flow | 1.38B |
| Capital Expenditures | -131.00M |
| Free Cash Flow | 1.25B |
| FCF Per Share | $3.11 |
Margins
Gross margin is 29.77%, with operating and profit margins of 15.60% and 10.34%.
| Gross Margin | 29.77% |
| Operating Margin | 15.60% |
| Pretax Margin | 13.80% |
| Profit Margin | 10.34% |
| EBITDA Margin | 16.13% |
| EBIT Margin | 14.86% |
| FCF Margin | 8.82% |
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) | 15.87% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 43.58% |
| Buyback Yield | 2.52% |
| Shareholder Yield | 4.19% |
| Earnings Yield | 3.88% |
| FCF Yield | 3.31% |
Analyst Forecast
The average price target for Otis Worldwide is $97.86, which is 4.69% higher than the current price. The consensus rating is "Hold".
| Price Target | $97.86 |
| Price Target Difference | 4.69% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 3.59% |
| EPS Growth Forecast (5Y) | 9.51% |
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 3.26 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.26 |
| Piotroski F-Score | 6 |