Otis Worldwide Corporation (OTIS)

Last Closing Price: 92.20 (2024-04-26)

Company Description

Otis Worldwide Corp. is one of the leading elevator and escalator manufacturing, installation and service provider to commercial, housing associations, government associations, etc. Otis has expanded business in multiple countries across the world in more than 1,400 branches and offices. Raytheon Technologies Corp. completed the tax-free spin-off of Otis Worldwide Corp and Carrier Global Corp. It has 2 reporting segments: New Equipment & Service. The New Equipment segment manufactures, sells and installs a wide range of passenger and freight elevators, escalators and moving walkways for residential, commercial and infrastructure projects. It has developed a range of elevator and escalator solutions, including Gen360 elevator & Gen2 system. The Service segment performs maintenance & repair and modernization services to upgrade elevators, and escalators. It has a maintenance portfolio of more than 2 million units throughout the globe. Otis provides maintenance services to other manufacturers.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $14.21B
Net Income (Most Recent Fiscal Year) $1.41B
PE Ratio (Current Year Earnings Estimate) 23.84
PE Ratio (Trailing 12 Months) 25.47
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 2.61
Price to Book Ratio (Most Recent Quarterly Book Value per Share) --
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 22.49
Pre-Tax Margin (Trailing 12 Months) 14.34%
Net Margin (Trailing 12 Months) 9.99%
Return on Equity (Trailing 12 Months) -31.02%
Return on Assets (Trailing 12 Months) 14.79%
Current Ratio (Most Recent Fiscal Quarter) 0.97
Quick Ratio (Most Recent Fiscal Quarter) 0.89
Debt to Common Equity (Most Recent Fiscal Quarter) --
Inventory Turnover (Trailing 12 Months) 16.32
Book Value per Share (Most Recent Fiscal Quarter) $-12.22
Earnings per Share (Most Recent Fiscal Quarter) $0.88
Earnings per Share (Most Recent Fiscal Year) $3.54
Diluted Earnings per Share (Trailing 12 Months) $3.46
Stock
Exchange NYSE
Sector Industrials
Industry Specialty Industrial Machinery
Common Shares Outstanding 404.18M
Free Float 403.25M
Market Capitalization $37.27B
Average Volume (Last 20 Days) 1.75M
Beta (Past 60 Months) 1.01
Percentage Held By Insiders (Latest Annual Proxy Report) 0.23%
Percentage Held By Institutions (Latest 13F Reports) 88.03%
Annual Dividend (Based on Last Quarter) $1.36
Dividend Yield (Based on Last Quarter) 1.48%