RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Otis Worldwide Net Income 2024

Otis Worldwide Net Income

1.59 B USD

Otis Worldwide Dividend yield

1.34 %

Ticker

OTIS

ISIN

US68902V1070

WKN

A2P1UZ

In 2024, Otis Worldwide's profit amounted to 1.59 B USD, a 13.27% increase from the 1.41 B USD profit recorded in the previous year.

The Otis Worldwide Net Income history

YEARNET INCOME (undefined USD)
2029e2.45
2028e2.33
2027e2.13
2026e1.92
2025e1.75
2024e1.59
20231.41
20221.25
20211.25
20200.91
20191.12
20181.05
20170.64

Otis Worldwide Aktienanalyse

What does Otis Worldwide do?

Otis Worldwide Corp is a company that operates in the elevator and escalator manufacturing industry. The company's headquarters is located in Farmington, Connecticut, USA, and it has branches all over the world. Otis Worldwide ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Otis Worldwide's Profit Margins

The profit margins of Otis Worldwide represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Otis Worldwide's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Otis Worldwide's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Otis Worldwide's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Otis Worldwide’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Otis Worldwide Stock

How much profit has Otis Worldwide made this year?

Otis Worldwide has made 1.59 B USD this year.

How has the profit developed compared to last year?

The profit has increased by 13.27% compared to last year increased

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Otis Worldwide publish its earnings?

Otis Worldwide publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Otis Worldwide?

The profits of Otis Worldwide are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Otis Worldwide?

You can learn more about the earnings of Otis Worldwide by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Otis Worldwide pay?

Over the past 12 months, Otis Worldwide paid a dividend of 1.31 USD . This corresponds to a dividend yield of about 1.34 %. For the coming 12 months, Otis Worldwide is expected to pay a dividend of 1.09 USD.

What is the dividend yield of Otis Worldwide?

The current dividend yield of Otis Worldwide is 1.34 %.

When does Otis Worldwide pay dividends?

Otis Worldwide pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Otis Worldwide?

Otis Worldwide paid dividends every year for the past 10 years.

What is the dividend of Otis Worldwide?

For the upcoming 12 months, dividends amounting to 1.09 USD are expected. This corresponds to a dividend yield of 1.12 %.

In which sector is Otis Worldwide located?

Otis Worldwide is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Otis Worldwide kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Otis Worldwide from 3/8/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 2/15/2024.

When did Otis Worldwide pay the last dividend?

The last dividend was paid out on 3/8/2024.

What was the dividend of Otis Worldwide in the year 2023?

In the year 2023, Otis Worldwide distributed 1.11 USD as dividends.

In which currency does Otis Worldwide pay out the dividend?

The dividends of Otis Worldwide are distributed in USD.

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Andere Kennzahlen von Otis Worldwide

Our stock analysis for Otis Worldwide Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Otis Worldwide Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.