OTIS Q4 2024 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena

OTISOtis Worldwide Corporation

$34B

Q4 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$3.7B+1.5% YoY

Gross Profit

$1.1B29.2% margin

Operating Income

$531M14.4% margin

Net Income

$337M9.2% margin

EPS (Diluted)

$0.84

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

$690M

Free Cash Flow

$651M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$11.3B

Total Liabilities

$16.0B

Stockholders' Equity

-$4.8B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$3.6B	+1.5%
Gross Profit	$1.1B	$1.1B	+0.4%
Operating Income	$531M	$522M	+1.7%
Net Income	$337M	$323M	+4.3%

Revenue Segments

Services

$4.5B63%

New Equipment

$2.6B37%

Geographic Segments

Other

$2.1B58%

UNITED STATES

$1.1B29%

CHINA

$483M13%