Otis Worldwide Corporation (OTIS) Financial Statements
Historical financial data — 25 statements covering FY2020–FY2025
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that pr...
Otis Worldwide Corporation's revenue increased 1.2% year over year, from $14.26B to $14.43B.
Net income decreased 15.9% over the same period, from $1.65B to $1.38B.
Over the 5-year period from FY2020 to FY2025, revenue grew by 13% in total.
Total debt remained relatively stable at $7.96B.
Operating cash flow grew 2.1% to $1.60B.
Otis Worldwide Corporation maintains a moderate net profit margin of 9.6%.
Recent Financial Statements
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2023 | $10.59B+49.9% | $1.08B | $3.13B | $1.66B | $1.03B | $10.39B | $7.41B | $-4.79B |
| Q1 FY2024 | $3.44B-67.5% | $353.0M | $1.03B | $544.0M | $171.0M | $9.79B | $6.88B | $-5.02B |
| Q2 FY2024 | $7.04B+104.8% | $768.0M | $2.11B | $1.11B | $479.0M | $9.86B | $7.18B | $-5.05B |
| Q3 FY2024 | $10.59B+50.4% | $1.31B | $3.19B | $1.48B | $873.0M | $10.26B | $7.26B | $-4.90B |
| Q1 FY2025 | $3.35B-68.4% | $243.0M | $1.00B | $411.0M | $190.0M | $11.18B | $8.41B | $-5.13B |
| Q2 FY2025 | $6.95B+107.3% | $636.0M | $2.09B | $958.0M | $405.0M | $10.49B | $7.75B | $-5.37B |
| Q3 FY2025 | $10.63B+53.1% | $1.01B | $3.22B | $1.54B | $779.0M | $10.77B | $8.08B | $-5.42B |
| Q1 FY2026 | $3.57B-66.5% | $340.0M | $1.08B | $539.0M | $413.0M | $10.54B | $7.82B | $-5.68B |
Balance Sheet Summary (Latest Period)
Total Assets
$10.65B
Total Liabilities
$15.92B
Total Equity
$-5.39B
Cash & Equivalents
$1.10B
Total Debt
$7.96B
Current Assets
$6.50B
Current Liabilities
$7.66B
Retained Earnings
$-440.0M