Otis Worldwide Corp
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OTIS Otis Worldwide Corp
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Industrials : Machinery | Mid Cap Blend
Company profile

Otis Worldwide Corporation is an elevator and escalator manufacturing, installation, and service company. It serves customers in over 200 countries and territories. It operates in two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in residential and commercial buildings, and infrastructure projects. The Company sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements, such as eView and Otis eCall.

Postmarket

Last Trade
Delayed
$0.00
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$80.99
Day's Change
0.49 (0.61%)
Bid
--
Ask
--
B/A Size
--
Day's High
81.47
Day's Low
80.51
Volume
(Light)
Volume:
1,377,212

10-day average volume:
2,088,188
1,377,212

Company Profile

Otis Worldwide Corporation is an elevator and escalator manufacturing, installation, and service company. It serves customers in over 200 countries and territories. It operates in two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways to customers in residential and commercial buildings, and infrastructure projects. The Company sells its New Equipment units directly to customers, as well as through agents and distributors globally. Through its Service segment, the Company performs maintenance and repair services for both its products and those of other manufacturers and provides services to upgrade elevators and escalators. It provides Otis ONE, an Internet of Things (IoT) based solution to connect elevators to OtisLine. Otis also offers a range of passenger experience enhancements, such as eView and Otis eCall.

Valuation Ratios

Price/Earnings (TTM)
27.18x
Price/Sales (TTM)
2.44x
Price/Book (MRQ)
--
Price/Cash Flow (TTM)
21.41x
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

Annual growth, past 5 years
EPS
Revenue
Dividend

Short Interest

March 2023
Current Month
5.6M
Previous Month
4.7M
Percent of Float
1.35%
Days to Cover
2.9052 Days

Share Information

OTIS is in a share class of common stock
Float
414.7M
Shares Outstanding
414.9M
Institutions Holding Shares
1,481
86.26%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in millions.

Cash flow

Values displayed are in millions.

Company Officers

  • Judith Fran MarksChmn.
  • Anurag MaheshwariCFO
  • James F. CramerCorp.Exec.
  • Stephane de MontlivaultCorp.Exec.
  • Bernardo Calleja FernandezCorp.Exec.

Address

Insider Trading

During the most recent quarter, 52K shares were sold in insider trading.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

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