OTIS Q1 2020 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena

OTISOtis Worldwide Corporation

$33B

Q1 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.0B-4.4% YoY

Gross Profit

$897M30.2% margin

Operating Income

$329M11.1% margin

Net Income

$165M5.6% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-11.5%

Cash Flow

Operating Cash Flow

$159M

Free Cash Flow

$120M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$9.5B

Total Liabilities

$13.7B

Stockholders' Equity

-$4.8B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.1B	-4.4%
Gross Profit	$897M	$901M	-0.4%
Operating Income	$329M	$415M	-20.7%
Net Income	$165M	$273M	-39.6%

Revenue Segments

Services

$1.8B62%

New Equipment

$1.1B38%

Geographic Segments

Other

$1.8B59%

UNITED STATES

$890M30%

CHINA

$319M11%