Gross Profit (Annual)

Gross Profit: Revenues from operations less the associated costs.

Otis Worldwide Corporation (OTIS) had Gross Profit of $4.19B for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$14.21B
Net Income	$1.41B
Cost of Goods Sold	$10.02B
Gross Profit	$4.19B
Operating Expenses	$12.02B
Operating Income	$2.19B
Non-Operating Income/Expense	$-155.00M
Pre-Tax Income	$2.03B
Normalized Pre-Tax Income	$2.03B
Income after Taxes	$1.50B
Income from Continuous Operations	$1.50B
Consolidated Net Income/Loss	$1.50B
Normalized Income after Taxes	$1.50B
EBIT	$2.19B
EBITDA	$2.38B
Weighted-Average Shares Outstanding (Basic)	411.40M
Weighted-Average Shares Outstanding (Diluted)	414.60M
Earnings per Share (EPS) (Basic)	$3.42
Earnings per Share (EPS) (Diluted)	$3.39
Balance Sheet Financials
Current Assets	$6.40B
Property, Plant, and Equipment	$727.00M
Long-Term Assets	$3.72B
Total Assets	$10.12B
Current Liabilities	$6.48B
Long-Term Debt	$6.87B
Long-Term Liabilities	$8.49B
Total Liabilities	$14.97B
Common Equity	$-4.86B
Tangible Shareholders Equity	$-6.78B
Shareholders Equity	$-4.86B
Common Shares Outstanding	406.60M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.63B
Cash Flow from Investing Activities	$-183.00M
Cash Flow from Financial Activities	$-1.35B
Beginning Cash	$1.20B
End Cash	$1.28B
Increase/Decrease in Cash	$85.00M
Stock-Based Compensation	$64.00M
Common Stock Dividends Paid	$-624.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.99
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	3.41
Debt to Equity Ratio	-1.42
Gross Margin	29.51%
Operating Margin	15.38%
EBIT Margin	15.38%
EBITDA Margin	16.74%
Pre-Tax Profit Margin	14.29%
Profit Margin	9.90%
Free Cash Flow	$1.49B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.40
Inventory Turnover	16.37
Receiveable Turnover	4.02
Days Sales in Receivables	90.88
Return on Equity	-30.85%
Return on Tangible Equity	-22.10%
Return on Assets	14.81%
Return on Investments	74.49%
Book Value Per Share	$-11.94
Free Cash Flow per Share	$3.59
Operating Cash Flow per Share	$3.92

Data from Zacks Investment Research, Inc.