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OTIS Q2 2022 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena
OTIS
Otis Worldwide Corporation
$34B
Q2 2022 Earnings
Industrials
Industrial - Machinery
Income Statement
Revenue
$3.5B
-5.8% YoY
Gross Profit
$983M
28.2% margin
Operating Income
$487M
14.0% margin
Net Income
$321M
9.2% margin
EPS (Diluted)
$0.76
QoQ Revenue Growth
+2.2%
Cash Flow
Operating Cash Flow
$353M
Free Cash Flow
$326M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$9.9B
Total Liabilities
$14.7B
Stockholders' Equity
-$5.0B
Cash & Equivalents
$1.2B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.5B
$3.7B
-5.8%
Gross Profit
$983M
$1.1B
-8.6%
Operating Income
$487M
$561M
-13.2%
Net Income
$321M
$326M
-1.5%
Revenue Segments
Services
$2.0B
56%
New Equipment
$1.5B
44%
Geographic Segments
Other
$1.8B
52%
UNITED STATES
$953M
27%
CHINA
$711M
20%
← FY 2022
All Quarters
Q3 2022 →