OTIS Q3 2021 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena

OTISOtis Worldwide Corporation

$33B

Q3 2021 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.6B+10.8% YoY

Gross Profit

$1.1B29.3% margin

Operating Income

$542M15.0% margin

Net Income

$331M9.1% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$357M

Free Cash Flow

$326M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$13.7B

Stockholders' Equity

-$3.9B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.6B	$3.3B	+10.8%
Gross Profit	$1.1B	$979M	+8.3%
Operating Income	$542M	$454M	+19.4%
Net Income	$331M	$266M	+24.4%

Revenue Segments

Services

$1.9B54%

New Equipment

$1.7B46%

Geographic Segments

Other

$1.9B52%

UNITED STATES

$927M26%

CHINA

$811M22%