Revenue segments as reported by the company.

New Equipment

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Other income (expense), net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Otis Worldwide

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services, and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Otis Worldwide reports strong Q4 performance and outlines growth plans

Otis Worldwide showcased robust performance in Q4 2022, with growth in key metrics and strategic initiatives driving future growth prospects.
Despite challenges from headwinds, the company's strengths in margin expansion, global projects, and ESG efforts position it well for continued success.
With a focus on enhancing productivity, customer relationships, and cash flow conversion, Otis is poised to capitalize on opportunities for sustained growth and profitability.

Otis Worldwide reports strong Q1 results, eyes growth opportunities in Asia

Otis Worldwide's Q1 performance reflects a robust business model with positive growth indicators and strategic capital allocation. While facing regional challenges, the company remains confident in its outlook and aims for sustained profitability and growth.

Otis Worldwide reports strong Q2 performance and eyes growth opportunities in Asia

Otis Worldwide reported a strong Q2 performance with high single-digit organic sales growth, expanded profit margins, and notable EPS growth. The company showcased strength in securing global contracts, emphasizing sustainability, and introducing operational efficiency initiatives.
While facing challenges with new equipment orders and market uncertainties in China, Otis has opportunities to leverage its strong market presence, focus on sustainability, and capitalize on growth in Asia. Initiatives like the UpLift program and mod margin enhancements position the company for future success.
Overall, Otis Worldwide's performance in Q2 reflects resilience and strategic focus, with a strong service segment, robust financial results, and a commitment to sustainability. The company's initiatives and market opportunities present a positive outlook for continued growth and profitability.

Otis Worldwide reports strong Q3 results amidst New Equipment challenges

Otis Worldwide's Q3 performance showcased strength in service segments and organic sales growth, despite challenges in New Equipment orders. The company's focus on key markets like China and initiatives like the Uplift program position it well for future growth.

Otis Worldwide reports robust Q4 performance and eyes modernization growth

Otis Worldwide's Q4 performance showcased strong growth in modernization orders, service sales, and global project wins, underpinned by innovation and sustainability goals.
While facing challenges in backlog volume and competitive markets, Otis remains focused on opportunities for margin growth, ESG initiatives, and market expansion.
The company's 2024 outlook is optimistic, with expectations of continued growth in key financial metrics and a strategic focus on modernization and service segments.

Otis Worldwide reports strong Q1 performance, eyes growth in India

Otis Worldwide's Q1 performance showcased growth in key segments, margin expansion, and strategic investments in growth markets like India. Challenges include margin maintenance in China and backlog conversion in the Modernization segment. Opportunities exist in acquisitions, supply chain optimization, and the high-growth market of India.

Otis Worldwide reports solid Q2 performance amidst market challenges

Otis Worldwide's Q2 performance showcased strength in the Service segment but faced challenges in New Equipment orders due to market conditions. The company's focus on ESG goals and cost-saving initiatives present opportunities for future growth and efficiency.

Otis Worldwide reports solid Q3 results, eyes growth opportunities

Otis Worldwide delivered a strong Q3 performance driven by service segment growth.
While facing challenges in New Equipment sales, the company is optimistic about future opportunities.
With a focus on operational excellence and shareholder value, Otis aims for continued growth in 2024.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Otis Worldwide (OTIS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Otis Worldwide (OTIS): Can Its 7% Jump Turn into More Strength?

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4 Top Stock Trades for Tuesday: AMZN, GE, OTIS, GME

Before the market opened on April 26, elevator maker Otis Worldwide Corp. (NYSE:OTIS) reported earnings results for the first quarter of 2021, which ended on March 31.

Otis Ascends on Earnings Beat and Elevated Guidance

Otis Worldwide Corporation (OTIS) CEO Judy Marks on Q1 2021 Results - Earnings Call Transcript

Otis released Q1 2021 results this morning, shares are trading 6% higher at around $75.50 as of mid-day New York time.

Otis: Strong Q1, Full-Year Outlook Raised And Dividend Hiked 20%

A large maker of elevators, escalators and moving walkways is seeing worldwide demand bounce back so fast following last year's COVID slump that it's increasing its dividend by 20 percent. Otis Worldwide reported on Monday that first-quarter sales rose by 15 percent as business roared back to life.

Shares of elevator maker Otis Worldwide pop on COVID-19 rebound news

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3 Names Handing Out Double-Digit Dividend Increases

The stock price of Otis Worldwide Corp (NYSE: OTIS) increased by over 7% during intraday trading this morning. This is why it happened.

OTIS Stock: Over 7% Increase Intraday Explanation

Otis Worldwide (OTIS) delivered earnings and revenue surprises of 16.13% and 8.75%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Otis Worldwide (OTIS) Tops Q1 Earnings and Revenue Estimates

FARMINGTON, Conn., April 26, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2021 net sales of $3.4 billion with 10.3% organic growth.

Otis Reports First Quarter 2021 Results

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The sector's Q1 results are likely to reflect a solid housing market. High labor/material costs and the COVID-19 pandemic might have been risks.

Construction Stock Q1 Earnings Due on Apr 26: PCH, LII, OTIS, SSD

The end of the week brings a slowdown in March-quarter earnings releases. More companies continue to beat estimated earnings and revenues than the other way round, but expectations have not been particularly high.

Earnings Previews: Alberstons, Otis Worldwide

FARMINGTON, Conn., April 19, 2021 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.24 per share of Otis' common stock, which represents a 20 percent increase over the prior quarter's dividend amount.

Otis Announces a 20 Percent Increase in Quarterly Dividend to $0.24 per Share

Otis shares are trading near their recent all-time high, but we believe they are still an attractive opportunity as a quality growth stock. Despite COVID, Otis's sales only fell 2.1% organically in 2020, and EBIT rose 2.8%; its tax rate was down 4 ppt and is to drop further.

Otis: Resilient In 2020, Recovery Expected In 2021

FARMINGTON, Conn., April 12, 2021 /PRNewswire/ -- Today, student teams from 14 schools across nine countries and regions made history as the first cohort to complete Otis' inaugural Made to Move Communities global student challenge.

Otis Announces Winners of the First Made to Move Communities™ Global Student Challenge

FARMINGTON, Conn., April 9, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 26, 2021, at 8:30 a.m.

Otis First Quarter 2021 Earnings Advisory

Otis has a leading position in a very attractive industry.

Otis: Strong Fundamentals Will Likely Lift The Share Price To The Roof

FARMINGTON, Conn., March 15, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) President & CEO Judy Marks and Executive Vice President of Operations Todd Glance will speak about the company's environmental, social and governance (ESG) program on a conference call, moderated by Jeff Sprague of Vertical Research Partners, on Tuesday, March 30, 2021, at 9:00 a.m.

Otis CEO & EVP of Operations to Speak on ESG Conference Call

Otis posted a beat-and-raise quarter, but didn't get much love for it, as investors seem skeptical about the 2021 growth and margin targets. A weaker new-build non-resi market in 2021 is a headwind, but Otis still has an attractive multiyear service share growth opportunity driven by IoT.

Otis Shares Have Lagged, But The Service Opportunity Could Still Be Underappreciated

FARMINGTON, Conn., Feb. 4, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.20 per share of Otis' common stock. The dividend will be payable on March 10, 2021, to shareholders of record at the close of business on...

Otis Declares Quarterly Dividend of $0.20 per Share

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Components of the S&P 500 that have paid steadily increasing dividends for at least 25 years have outperformed the broader market over time.

Dividend Aristocrat Performance: January 2021

The elevator and escalator manufacturer sets positive if modest growth targets for the current year.

Otis Worldwide Opens 2021 on a Confident Note

"As long as people follow other guidance, they can bring the risks down," Otis CEO Judy Marks said in a "Mad Money" interview.

Elevators have less coronavirus risk than outdoor dining, Otis Worldwide CEO says

CEO Judy Marks says business has been “resilient” after a strong fourth quarter.

Otis Elevator CEO Says the Office Will Come Back

Otis Worldwide Corp. (NYSE: OTIS) published its earnings report for the fiscal fourth quarter on Monday that came in better than what analysts had anticipated. The company also gave upbeat guidance for the full financial year on Monday.

News for Otis Worldwide Stock (OTIS)