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OTIS Q4 2024 Earnings — Otis Worldwide Corporation Revenue & Financial Results | Market Cap Arena
OTIS
Otis Worldwide Corporation
$34B
Q4 2024 Earnings
Industrials
Industrial - Machinery
Income Statement
Revenue
$3.7B
+1.5% YoY
Gross Profit
$1.1B
29.2% margin
Operating Income
$531M
14.4% margin
Net Income
$337M
9.2% 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
$4.5B
63%
New Equipment
$2.6B
37%
Geographic Segments
Other
$2.1B
58%
UNITED STATES
$1.1B
29%
CHINA
$483M
13%
← FY 2024
All Quarters
Q1 2025 →