OTISOtis Worldwide Corporation

$33B

Q2 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.0B-9.6% YoY

Gross Profit

$891M29.4% margin

Operating Income

$416M13.7% margin

Net Income

$224M7.4% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$664M

Free Cash Flow

$628M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.4B

Total Liabilities

$14.0B

Stockholders' Equity

-$4.2B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$3.4B	-9.6%
Gross Profit	$891M	$984M	-9.5%
Operating Income	$416M	$481M	-13.5%
Net Income	$224M	$308M	-27.3%

Revenue Segments

Services

$1.7B57%

New Equipment

$1.3B43%

Geographic Segments

Other

$1.6B53%

UNITED STATES

$805M27%

CHINA

$613M20%

OTIS Q2 2020 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena