OTIS FY 2023 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena

OTISOtis Worldwide Corporation

$34B

FY 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$14.2B+3.8% YoY

Gross Profit

$4.2B29.5% margin

Operating Income

$2.2B15.4% margin

Net Income

$1.4B9.9% margin

EPS (Diluted)

$3.39

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.5B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$14.8B

Stockholders' Equity

-$4.9B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$14.2B	$13.7B	+3.8%
Gross Profit	$4.2B	$3.9B	+7.0%
Operating Income	$2.2B	$2.0B	+7.5%
Net Income	$1.4B	$1.3B	+12.2%