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OTIS Q4 2023 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena
OTIS
Otis Worldwide Corporation
$34B
Q4 2023 Earnings
Industrials
Industrial - Machinery
Income Statement
Revenue
$3.6B
+5.3% YoY
Gross Profit
$1.1B
29.5% margin
Operating Income
$522M
14.4% margin
Net Income
$323M
8.9% margin
EPS (Diluted)
$0.79
QoQ Revenue Growth
+2.8%
Cash Flow
Operating Cash Flow
$597M
Free Cash Flow
$555M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$10.1B
Total Liabilities
$14.8B
Stockholders' Equity
-$4.9B
Cash & Equivalents
$1.3B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.6B
$3.4B
+5.3%
Gross Profit
$1.1B
$960M
+11.3%
Operating Income
$522M
$491M
+6.3%
Net Income
$323M
$297M
+8.8%
Revenue Segments
Services
$2.2B
60%
New Equipment
$1.5B
40%
Geographic Segments
Other
$2.0B
55%
UNITED STATES
$1.0B
28%
CHINA
$612M
17%
← FY 2023
All Quarters
Q1 2024 →