Otis Worldwide Past Earnings Performance
Past criteria checks 4/6
Otis Worldwide has been growing earnings at an average annual rate of 10.1%, while the Machinery industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 2.2% per year.
Key information
10.1%
Earnings growth rate
11.7%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 2.2% |
| Return on equity | n/a |
| Net Margin | 11.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Otis Worldwide makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 14,206 | 1,631 | 1,806 | 152 |
| 30 Jun 24 | 14,181 | 1,467 | 1,796 | 148 |
| 31 Mar 24 | 14,300 | 1,428 | 1,823 | 145 |
| 31 Dec 23 | 14,209 | 1,406 | 1,828 | 144 |
| 30 Sep 23 | 14,028 | 1,380 | 1,801 | 145 |
| 30 Jun 23 | 13,849 | 1,328 | 1,775 | 146 |
| 31 Mar 23 | 13,617 | 1,273 | 1,731 | 148 |
| 31 Dec 22 | 13,685 | 1,253 | 1,727 | 150 |
| 30 Sep 22 | 13,815 | 1,237 | 1,762 | 158 |
| 30 Jun 22 | 14,091 | 1,244 | 1,825 | 160 |
| 31 Mar 22 | 14,304 | 1,249 | 1,884 | 161 |
| 31 Dec 21 | 14,298 | 1,246 | 1,909 | 159 |
| 30 Sep 21 | 14,222 | 1,216 | 1,844 | 153 |
| 30 Jun 21 | 13,870 | 1,151 | 1,839 | 151 |
| 31 Mar 21 | 13,198 | 1,049 | 1,818 | 149 |
| 31 Dec 20 | 12,756 | 906 | 1,769 | 152 |
| 30 Sep 20 | 12,616 | 873 | 1,794 | 157 |
| 30 Jun 20 | 12,661 | 924 | 1,748 | 159 |
| 31 Mar 20 | 12,983 | 1,008 | 1,710 | 162 |
| 31 Dec 19 | 13,118 | 1,103 | 1,699 | 163 |
| 31 Dec 18 | 12,915 | 1,049 | 1,645 | 181 |
| 31 Dec 17 | 12,323 | 636 | 1,597 | 175 |
Quality Earnings: 4PG has a high level of non-cash earnings.
Growing Profit Margin: 4PG's current net profit margins (11.5%) are higher than last year (9.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4PG's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: 4PG's earnings growth over the past year (18.2%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: 4PG earnings growth over the past year (18.2%) exceeded the Machinery industry -3.3%.
Return on Equity
High ROE: 4PG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.