Otis Worldwide/$OTIS
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About Otis Worldwide
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
Ticker
$OTIS
Sector
Primary listing
NYSE
Employees
72,000
Headquarters
Website
Otis Worldwide Metrics
BasicAdvanced
$28bn
19.46
$3.76
0.90
$1.70
2.40%
Price and volume
Market cap
$28bn
Beta
0.9
52-week high
$101.42
52-week low
$69.16
Average daily volume
4m
Dividend rate
$1.70
Financial strength
Current ratio
0.837
Quick ratio
0.713
Long term debt to equity
-133.928
Total debt to equity
-151.205
Dividend payout ratio (TTM)
44.23%
Interest coverage (TTM)
11.98%
Profitability
EBITDA (TTM)
2,493
Gross margin (TTM)
30.55%
Net profit margin (TTM)
10.11%
Operating margin (TTM)
15.83%
Effective tax rate (TTM)
24.22%
Revenue per employee (TTM)
$200,000
Management effectiveness
Return on assets (TTM)
14.41%
Return on equity (TTM)
-29.77%
Valuation
Price to earnings (TTM)
19.464
Price to revenue (TTM)
1.954
Price to book
-5.01
Price to tangible book (TTM)
-3.7
Price to free cash flow (TTM)
17.161
Free cash flow yield (TTM)
5.83%
Free cash flow per share (TTM)
4.27
Dividend yield (TTM)
2.32%
Forward dividend yield
2.40%
Growth
Revenue change (TTM)
3.34%
Earnings per share change (TTM)
-1.59%
3-year revenue growth (CAGR)
2.46%
3-year earnings per share growth (CAGR)
7.62%
3-year dividend per share growth (CAGR)
13.14%
What the Analysts think about Otis Worldwide
Analyst ratings (Buy, Hold, Sell) for Otis Worldwide stock.
Otis Worldwide Financial Performance
Revenues and expenses
Otis Worldwide Earnings Performance
Company profitability
Otis Worldwide News
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