Otis Worldwide Corp
NYSE:OTIS

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Otis Worldwide Corp
NYSE:OTIS
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Price: 93.56 USD 0.74% Market Closed
Market Cap: 37.4B USD
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Otis Worldwide Corp
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Otis Worldwide Corp
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
Otis Worldwide Corp
NYSE:OTIS
Operating Income
$2.2B
CAGR 3-Years
7%
CAGR 5-Years
4%
CAGR 10-Years
N/A
Dover Corp
NYSE:DOV
Operating Income
$1.4B
CAGR 3-Years
3%
CAGR 5-Years
7%
CAGR 10-Years
1%
Ingersoll Rand Inc
NYSE:IR
Operating Income
$1.4B
CAGR 3-Years
33%
CAGR 5-Years
28%
CAGR 10-Years
N/A
Parker-Hannifin Corp
NYSE:PH
Operating Income
$4B
CAGR 3-Years
16%
CAGR 5-Years
15%
CAGR 10-Years
10%
Xylem Inc
NYSE:XYL
Operating Income
$1.2B
CAGR 3-Years
22%
CAGR 5-Years
11%
CAGR 10-Years
9%
Illinois Tool Works Inc
NYSE:ITW
Operating Income
$4.2B
CAGR 3-Years
6%
CAGR 5-Years
4%
CAGR 10-Years
4%
No Stocks Found

Otis Worldwide Corp
Glance View

Market Cap
37.4B USD
Industry
Machinery
Economic Moat
None

Otis Worldwide Corporation, a venerable name in the vertical transportation arena, has been a defining factor in shaping modern cityscapes. Founded in 1853, the company has grown to become a beacon of engineering excellence, primarily focused on elevators, escalators, and moving walkways. Its operations encompass everything from designing and manufacturing these critical components of urban infrastructure to ensuring their seamless functioning through dedicated maintenance services. Otis's technological ingenuity is evident not just in its products but also in its smart, connected service offerings that leverage IoT to optimize uptime for customers, enhancing the safety and reliability of millions of daily journeys. Financially, Otis derives its revenue from two main streams: new equipment sales and service contracts. The sale of new equipment thrives in burgeoning urban landscapes and is driven by the endless demand for residential, commercial, and industrial real estate expansion. Meanwhile, the aftermarket service segment provides a more stable income, driven by long-term maintenance contracts that ensure elevators and escalators operate smoothly and safely over their lifespan. These service contracts are more than just a maintenance promise; they are a strategic component of Otis's business model, providing resilience against the cyclical nature of construction activities. Emphasizing innovation and legacy, Otis continues to be a critical player in facilitating urban mobility and architectural progression.

OTIS Intrinsic Value
85.05 USD
Overvaluation 9%
Intrinsic Value
Price

See Also

What is Otis Worldwide Corp's Operating Income?
Operating Income
2.2B USD

Based on the financial report for Dec 31, 2023, Otis Worldwide Corp's Operating Income amounts to 2.2B USD.

What is Otis Worldwide Corp's Operating Income growth rate?
Operating Income CAGR 5Y
4%

Over the last year, the Operating Income growth was 8%. The average annual Operating Income growth rates for Otis Worldwide Corp have been 7% over the past three years , 4% over the past five years .

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