OTIS
Income statement / Annual
Last year (2024), Otis Worldwide Corporation's total revenue was $14.26 B,
an increase of 0.37% from the previous year.
In 2024, Otis Worldwide Corporation's net income was $1.65 B.
See Otis Worldwide Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$14.26 B |
$14.21 B |
$13.69 B |
$14.30 B |
$12.76 B |
$13.12 B |
$12.92 B |
$12.32 B |
| Cost of Revenue |
$10.00 B
|
$9.98 B
|
$9.75 B
|
$10.09 B
|
$8.96 B
|
$9.29 B
|
$9.19 B
|
$8.62 B
|
| Gross Profit |
$4.26 B
|
$4.23 B
|
$3.94 B
|
$4.21 B
|
$3.80 B
|
$3.83 B
|
$3.73 B
|
$3.70 B
|
| Gross Profit Ratio |
0.3
|
0.3
|
0.29
|
0.29
|
0.3
|
0.29
|
0.29
|
0.3
|
| Research and Development Expenses |
$152.00 M
|
$144.00 M
|
$150.00 M
|
$159.00 M
|
$152.00 M
|
$163.00 M
|
$181.00 M
|
$175.00 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$1.82 B
|
$1.86 B
|
$1.72 B
|
$1.95 B
|
$1.76 B
|
$1.77 B
|
$1.74 B
|
$1.65 B
|
| Other Expenses |
$279.00 M
|
-$1.00 M
|
-$8.00 M
|
-$73.00 M
|
-$27.00 M
|
$4.00 M
|
-$25.00 M
|
-$31.00 M
|
| Operating Expenses |
$2.25 B
|
$2.00 B
|
$1.86 B
|
$2.03 B
|
$1.89 B
|
$1.93 B
|
$1.89 B
|
$1.79 B
|
| Cost And Expenses |
$12.25 B
|
$11.98 B
|
$11.61 B
|
$12.12 B
|
$10.85 B
|
$11.23 B
|
$11.06 B
|
$10.41 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$53.00 M
|
$51.00 M
|
$61.00 M
|
| Interest Expense |
-$31.00 M
|
$150.00 M
|
$143.00 M
|
$136.00 M
|
$122.00 M
|
$39.00 M
|
$37.00 M
|
$40.00 M
|
| Depreciation & Amortization |
$181.00 M
|
$193.00 M
|
$191.00 M
|
$203.00 M
|
$191.00 M
|
$180.00 M
|
$190.00 M
|
$177.00 M
|
| EBITDA |
$2.23 B |
$2.37 B |
$2.22 B |
$2.30 B |
$1.82 B |
$2.08 B |
$2.12 B |
$2.17 B |
| EBITDA Ratio |
0.16
|
0.17
|
0.16
|
0.16
|
0.14
|
0.16
|
0.16
|
0.18
|
| Operating Income Ratio |
0.14
|
0.16
|
0.15
|
0.15
|
0.15
|
0.14
|
0.14
|
0.15
|
| Total Other Income/Expenses Net |
$31.00 M
|
-$197.00 M
|
-$187.00 M
|
-$213.00 M
|
-$398.00 M
|
-$31.00 M
|
$37.00 M
|
$47.00 M
|
| Income Before Tax |
$2.04 B
|
$2.03 B
|
$1.89 B
|
$1.96 B
|
$1.51 B
|
$1.86 B
|
$1.89 B
|
$1.96 B
|
| Income Before Tax Ratio |
0.14
|
0.14
|
0.14
|
0.14
|
0.12
|
0.14
|
0.15
|
0.16
|
| Income Tax Expense |
$305.00 M
|
$533.00 M
|
$519.00 M
|
$541.00 M
|
$455.00 M
|
$594.00 M
|
$683.00 M
|
$1.15 B
|
| Net Income |
$1.65 B
|
$1.41 B
|
$1.25 B
|
$1.25 B
|
$906.00 M
|
$1.12 B
|
$1.05 B
|
$636.00 M
|
| Net Income Ratio |
0.12
|
0.1
|
0.09
|
0.09
|
0.07
|
0.09
|
0.08
|
0.05
|
| EPS |
4.1 |
3.4176 |
2.9833 |
2.9133 |
2.0914 |
2.5767 |
2.422 |
1.4684 |
| EPS Diluted |
4.07 |
3.3912 |
2.9622 |
2.8883 |
2.0847 |
2.5767 |
2.422 |
1.4684 |
| Weighted Average Shares Out |
$401.70 M
|
$411.40 M
|
$420.00 M
|
$427.70 M
|
$433.20 M
|
$433.11 M
|
$433.10 M
|
$433.10 M
|
| Weighted Average Shares Out Diluted |
$404.40 M
|
$414.60 M
|
$423.00 M
|
$431.40 M
|
$434.60 M
|
$433.11 M
|
$433.10 M
|
$436.40 M
|
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