OTIS Q3 2020 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena

OTISOtis Worldwide Corporation

$33B

Q3 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.3B-1.4% YoY

Gross Profit

$979M30.0% margin

Operating Income

$454M13.9% margin

Net Income

$266M8.1% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$348M

Free Cash Flow

$311M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$13.9B

Stockholders' Equity

-$4.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.3B	-1.4%
Gross Profit	$979M	$975M	+0.4%
Operating Income	$454M	$482M	-5.8%
Net Income	$266M	$317M	-16.1%

Revenue Segments

Services

$1.8B56%

New Equipment

$1.4B44%

Geographic Segments

Other

$1.8B55%

UNITED STATES

$855M26%

CHINA

$624M19%