Financials in USD. Standardized financial statements.
A compact view of how Otis Worldwide Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $14.43B | $14.26B | $14.21B | $13.69B | $14.30B | $12.76B | $13.12B | $12.91B | $12.32B |
| Revenue Growth? | +1.2% | +0.4% | +3.8% | -4.3% | +12.1% | -2.8% | +1.6% | +4.8% | 0.0% |
| Cost of Revenue? | $10.06B | $10.00B | $10.02B | $9.77B | $10.11B | $8.98B | $9.29B | $9.19B | $8.62B |
| Gross Profit? | $4.37B | $4.26B | $4.19B | $3.92B | $4.19B | $3.78B | $3.83B | $3.73B | $3.70B |
| Gross Margin? | +30.3% | +29.9% | +29.5% | +28.6% | +29.3% | +29.6% | +29.2% | +28.9% | +30.0% |
| Operating Expenses? | $2.24B | $2.25B | $2.01B | $1.89B | $2.08B | $2.14B | $2.01B | $1.89B | $1.79B |
| Operating Income? | $2.13B | $2.01B | $2.19B | $2.03B | $2.11B | $1.64B | $1.81B | $1.83B | $1.92B |
| EBITDA? | $2.31B | $2.23B | $2.44B | $2.26B | $2.31B | $1.83B | $1.99B | $2.02B | $2.17B |
| Income Before Tax | $1.93B | $2.04B | $2.03B | $1.89B | $1.96B | $1.51B | $1.86B | $1.89B | $1.96B |
| Income Tax Expense | $479.00M | $305.00M | $533.00M | $519.00M | $541.00M | $455.00M | $594.00M | $683.00M | $1.15B |
| Net Income? | $1.38B | $1.65B | $1.41B | $1.25B | $1.25B | $906.00M | $1.12B | $1.05B | $636.00M |
| EPS? | $3.53 | $4.10 | $3.42 | $2.98 | $2.91 | $2.09 | $2.58 | $2.42 | $1.47 |
| Diluted EPS? | $3.50 | $4.07 | $3.39 | $2.96 | $2.89 | $2.08 | $2.58 | $2.42 | $1.47 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality