XNYSOTIS
Market cap37bUSD
Dec 24, Last price
94.00USD
1D
0.52%
1Q
-5.57%
IPO
108.89%
Name
Otis Worldwide Corp
Chart & Performance
P/E
26.71
P/S
2.64
EPS
3.52
Div Yield, %
1.44%
Shrs. gr., 5y
-0.87%
Rev. gr., 5y
1.93%
Revenues
14.21b
+3.83%
Net income
1.41b
+12.21%
CFO
1.63b
+4.29%
Dividend
Aug 16, 20240.39 USD/sh
Earnings
Jan 29, 2025
Profile
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | |
| Income | |||||||
Revenues | 14,209,000 3.83% | 13,685,000 -4.29% | 14,298,000 12.09% | ||||
Cost of revenue | 10,160,000 | 9,915,000 | 10,264,000 | ||||
Unusual Expense (Income) | |||||||
NOPBT | 4,049,000 | 3,770,000 | 4,034,000 | ||||
NOPBT Margin | 28.50% | 27.55% | 28.21% | ||||
Operating Taxes | 533,000 | 519,000 | 541,000 | ||||
Tax Rate | 13.16% | 13.77% | 13.41% | ||||
NOPAT | 3,516,000 | 3,251,000 | 3,493,000 | ||||
Net income | 1,406,000 12.21% | 1,253,000 0.56% | 1,246,000 37.53% | ||||
Dividends | (539,000) | (465,000) | (393,000) | ||||
Dividend yield | 1.45% | 1.40% | 1.05% | ||||
Proceeds from repurchase of equity | (800,000) | (850,000) | (2,075,000) | ||||
BB yield | 2.16% | 2.57% | 5.52% | ||||
| Debt | |||||||
Debt current | 149,000 | 670,000 | 24,000 | ||||
Long-term debt | 7,567,000 | 6,728,000 | 7,921,000 | ||||
Deferred revenue | 52,000 | 52,000 | |||||
Other long-term liabilities | 1,200,000 | 1,227,000 | 1,431,000 | ||||
Net debt | 6,436,000 | 4,973,000 | 6,372,000 | ||||
| Cash flow | |||||||
Cash from operating activities | 1,627,000 | 1,560,000 | 1,750,000 | ||||
CAPEX | (138,000) | (115,000) | (156,000) | ||||
Cash from investing activities | (183,000) | (33,000) | (89,000) | ||||
Cash from financing activities | (1,350,000) | (3,652,000) | 58,000 | ||||
FCF | 3,506,000 | 3,418,000 | 3,509,000 | ||||
| Balance | |||||||
Cash | 1,274,000 | 1,189,000 | 1,565,000 | ||||
Long term investments | 6,000 | 1,236,000 | 8,000 | ||||
Excess cash | 569,550 | 1,740,750 | 858,100 | ||||
Stockholders' equity | (2,338,000) | (3,089,000) | (2,259,000) | ||||
Invested Capital | 6,125,000 | 6,572,000 | 8,128,000 | ||||
ROIC | 55.38% | 44.23% | 44.14% | ||||
ROCE | 106.92% | 109.88% | 69.35% | ||||
| EV | |||||||
Common stock shares outstanding | 414,600 | 423,000 | 431,400 | ||||
Price | 89.47 14.25% | 78.31 -10.06% | 87.07 28.90% | ||||
Market cap | 37,094,262 11.98% | 33,125,130 -11.81% | 37,561,998 27.95% | ||||
EV | 43,734,262 | 38,304,130 | 44,574,998 | ||||
EBITDA | 4,242,000 | 3,961,000 | 4,237,000 | ||||
EV/EBITDA | 10.31 | 9.67 | 10.52 | ||||
Interest | 150,000 | 143,000 | 143,000 | ||||
Interest/NOPBT | 3.70% | 3.79% | 3.54% | ||||