Otis Worldwide ROA 2024

Otis Worldwide ROA

0.14

Otis Worldwide Dividend yield

1.31 %

Ticker

OTIS

ISIN

US68902V1070

WKN

A2P1UZ

In 2024, Otis Worldwide's return on assets (ROA) was 0.14, a 8.91% increase from the 0.13 ROA in the previous year.

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.

ROA Details

Understanding Otis Worldwide's Return on Assets (ROA)

Otis Worldwide's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Otis Worldwide's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Otis Worldwide's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Otis Worldwide’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Otis Worldwide Stock

What is the Return on Assets (ROA) of Otis Worldwide this year?

The Return on Assets (ROA) of Otis Worldwide is 0.14 undefined this year.

What was the ROA of Otis Worldwide compared to the previous year?

The ROA of Otis Worldwide has increased by 8.91% compared to the previous year.

What consequences do high ROA have for investors of Otis Worldwide?

A high ROA is advantageous for investors of Otis Worldwide, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Otis Worldwide?

A low ROA can be unfavorable for investors of Otis Worldwide as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Otis Worldwide affect the company?

An increase in ROA of Otis Worldwide can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Otis Worldwide impact the company?

A reduction in the ROA of Otis Worldwide can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Otis Worldwide?

Some factors that can influence the ROA of Otis Worldwide include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Otis Worldwide important for investors?

The ROA of Otis Worldwide is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Otis Worldwide take to improve ROA?

To improve ROA, Otis Worldwide can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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 1.31 %. 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 1.31 %.

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 1.1 %.

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.