OTIS Stock Overview
Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
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Otis Worldwide Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$93.56 |
| 52 Week High | US$106.33 |
| 52 Week Low | US$85.42 |
| Beta | 0.94 |
| 1 Month Change | -7.55% |
| 3 Month Change | -2.79% |
| 1 Year Change | 4.99% |
| 3 Year Change | 9.75% |
| 5 Year Change | n/a |
| Change since IPO | 106.76% |
Recent News & Updates
Otis Worldwide Corporation's (NYSE:OTIS) Popularity With Investors Is Under Threat From Overpricing
Dec 13
Otis Worldwide: Strong Business And Dividend Growth, But Weak Momentum
Nov 27Is It Too Late To Consider Buying Otis Worldwide Corporation (NYSE:OTIS)?
Nov 22Recent updates
Otis Worldwide Corporation's (NYSE:OTIS) Popularity With Investors Is Under Threat From Overpricing
Dec 13Otis Worldwide: Strong Business And Dividend Growth, But Weak Momentum
Nov 27Is It Too Late To Consider Buying Otis Worldwide Corporation (NYSE:OTIS)?
Nov 22Otis Shares On The Rise As Market Tailwinds Lift New Equipment Prospects
Oct 22Should You Be Adding Otis Worldwide (NYSE:OTIS) To Your Watchlist Today?
Sep 23An Intrinsic Calculation For Otis Worldwide Corporation (NYSE:OTIS) Suggests It's 21% Undervalued
Sep 01Otis Worldwide Corporation's (NYSE:OTIS) Shareholders Might Be Looking For Exit
Aug 09Otis Worldwide: Exceptional Business, But We Have To Reinvest Its Cash Flows
Aug 08Otis: Calling It Again - Return To All-Time High Likely
Jul 25Is Now An Opportune Moment To Examine Otis Worldwide Corporation (NYSE:OTIS)?
Jul 22Is Now The Time To Put Otis Worldwide (NYSE:OTIS) On Your Watchlist?
Jun 16Estimating The Fair Value Of Otis Worldwide Corporation (NYSE:OTIS)
May 29Otis Worldwide's (NYSE:OTIS) Dividend Will Be Increased To $0.39
May 11Otis Worldwide (NYSE:OTIS) Is Paying Out A Larger Dividend Than Last Year
Apr 27Investor Optimism Abounds Otis Worldwide Corporation (NYSE:OTIS) But Growth Is Lacking
Apr 22Is Now The Time To Put Otis Worldwide (NYSE:OTIS) On Your Watchlist?
Mar 17Otis Worldwide: A Compelling Service Segment
Mar 07Is Now An Opportune Moment To Examine Otis Worldwide Corporation (NYSE:OTIS)?
Feb 28Otis: An Industrial Capital-Light Business Generating Enormous Free Cash Flows
Feb 04Otis Worldwide: Put This Dividend Grower On Your Radar
Jan 16What Otis Worldwide Corporation's (NYSE:OTIS) P/E Is Not Telling You
Jan 04Ascending The Market With Otis: Financial Strengths, Market Trends, And Long-Term Outlook
Dec 05Otis Worldwide: Why You Should Look Past The New Equipment Slowdown
Nov 08Otis Worldwide: Strong Service And Pricing Growth Offset Order Weakness
Oct 11Otis: Strong Services Momentum Combined With Slow China Growth
Oct 02Otis: Reaching New Heights On Core Business, Dividend Growth And Share Repurchases
Aug 02Otis: Solid Q4, More High-Single-Digit EPS Growth Guided In 2023
Feb 07Otis Worldwide Q4 2022 Earnings Preview
Jan 31Otis Worldwide: Strong Elevation After Q3 Results Should Continue
Dec 16Shareholder Returns
| OTIS | US Machinery | US Market | |
|---|---|---|---|
| 7D | -4.3% | -4.6% | -2.4% |
| 1Y | 5.0% | 12.3% | 23.3% |
Return vs Industry: OTIS underperformed the US Machinery industry which returned 12.3% over the past year.
Return vs Market: OTIS underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| OTIS volatility | |
|---|---|
| OTIS Average Weekly Movement | 2.8% |
| Machinery Industry Average Movement | 5.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: OTIS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: OTIS's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1853 | 71,000 | Judy Marks | www.otis.com |
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects.
Otis Worldwide Corporation Fundamentals Summary
| OTIS fundamental statistics | |
|---|---|
| Market cap | US$37.37b |
| Earnings (TTM) | US$1.63b |
| Revenue (TTM) | US$14.21b |
22.9x
P/E Ratio2.6x
P/S RatioIs OTIS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| OTIS income statement (TTM) | |
|---|---|
| Revenue | US$14.21b |
| Cost of Revenue | US$9.94b |
| Gross Profit | US$4.26b |
| Other Expenses | US$2.63b |
| Earnings | US$1.63b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.08 |
| Gross Margin | 30.00% |
| Net Profit Margin | 11.48% |
| Debt/Equity Ratio | -151.9% |
How did OTIS perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield36%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Otis Worldwide Corporation is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Richard Radbourne | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |