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Otis Worldwide Corp
$94.85
Jul 31, 12:34:29 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$93.82
Day range
$94.19 - $95.08
Year range
$73.32 - $100.84
Market cap
37.98B USD
Avg Volume
2.33M
P/E ratio
26.47
Dividend yield
1.64%
Primary exchange
NYSE
CDP Climate Change Score
A-
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
3.60B-3.20%
Operating expense
491.00M-2.39%
Net income
415.00M10.37%
Net profit margin
11.5213.95%
Earnings per share
1.0615.22%
EBITDA
635.00M0.47%
Effective tax rate
17.28%
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
942.00M-22.72%
Total assets
9.86B-2.73%
Total liabilities
14.74B-0.14%
Total equity
-4.88B
Shares outstanding
400.55M
Price to book
-7.46
Return on assets
15.12%
Return on capital
60.26%
Net change in cash
(USD)Jun 2024Y/Y change
Net income
415.00M10.37%
Cash from operations
308.00M-30.94%
Cash from investing
-18.00M74.29%
Cash from financing
-212.00M13.11%
Net change in cash
64.00M-39.62%
Free cash flow
265.38M-35.02%
About
Otis Worldwide Corporation is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S., Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, moving walkways, and escalators. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism to lock the elevator car in place should the hoisting ropes fail. The Otis Elevator Company was acquired by United Technologies in 1976, but it was spun off as an independent company 44 years later in April 2020 as Otis Worldwide Corporation. Its slogan is "Made to move you". Wikipedia
Founded
1853
Website
Employees
71,000
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