Otis Worldwide Revenue 2024

Otis Worldwide Revenue

15 B USD

Otis Worldwide Dividend yield

1.38 %

Ticker

OTIS

ISIN

US68902V1070

WKN

A2P1UZ

In 2024, Otis Worldwide's sales reached 15 B USD, a 5.59% difference from the 14.21 B USD sales recorded in the previous year.

The Otis Worldwide Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2029e17.9723,34
2028e17.4124,09
2027e16.9224,78
2026e16.1325,99
2025e15.5626,96
2024e1527,95
202314.2129,51
202213.6928,64
202114.329,33
202012.7629,63
201913.1229,17
201812.9228,85
201712.3230,04

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.

Revenue Details

Understanding Otis Worldwide's Sales Figures

The sales figures of Otis Worldwide originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Otis Worldwide’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Otis Worldwide's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Otis Worldwide’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Otis Worldwide Stock

How much revenue did Otis Worldwide generate this year?

Otis Worldwide has achieved a revenue of 15 B USD this year.

How much was the turnover of the company Otis Worldwide compared to the previous year?

The revenue of Otis Worldwide has increased by 5.59% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Otis Worldwide?

The revenue of Otis Worldwide is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Otis Worldwide measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Otis Worldwide so important for investors?

The revenue of Otis Worldwide is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 1.38 %. 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 1.38 %.

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 1.15 %.

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.