Rankings
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Calendar
OTIS
Otis Worldwide Corporation
$34B
Q2 2023 Earnings
Industrials
Industrial - Machinery
Income Statement
Revenue
$3.7B
+6.7% YoY
Gross Profit
$1.1B
29.1% margin
Operating Income
$580M
15.6% margin
Net Income
$376M
10.1% margin
EPS (Diluted)
$0.90
QoQ Revenue Growth
+11.2%
Cash Flow
Operating Cash Flow
$446M
Free Cash Flow
$409M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$10.1B
Total Liabilities
$14.8B
Stockholders' Equity
-$4.9B
Cash & Equivalents
$1.2B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.7B
$3.5B
+6.7%
Gross Profit
$1.1B
$983M
+10.2%
Operating Income
$580M
$487M
+19.1%
Net Income
$376M
$321M
+17.1%
Revenue Segments
Services
$2.1B
57%
New Equipment
$1.6B
43%
Geographic Segments
Other
$1.9B
52%
UNITED STATES
$1.0B
28%
CHINA
$735M
20%
← FY 2023
All Quarters
Q3 2023 →
OTIS Q2 2023 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena