Otis Worldwide Cash on Hand 2019-2024 | OTIS
Otis Worldwide cash on hand from 2019 to 2024. Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line items.
- Otis Worldwide cash on hand for the quarter ending March 31, 2024 was $1.274B, a 7.15% increase year-over-year.
- Otis Worldwide cash on hand for 2023 was $1.274B, a 7.15% increase from 2022.
- Otis Worldwide cash on hand for 2022 was $1.189B, a 65.78% decline from 2021.
- Otis Worldwide cash on hand for 2021 was $3.475B, a 93.16% increase from 2020.
Otis Worldwide Annual Cash on Hand
(Millions of US $) |
| 2023 |
$1,274 |
| 2022 |
$1,189 |
| 2021 |
$3,475 |
| 2020 |
$1,799 |
| 2019 |
$1,446 |
| 2018 |
$ |
Otis Worldwide Quarterly Cash on Hand
(Millions of US $) |
| 2023-12-31 |
$1,274 |
| 2023-09-30 |
$1,636 |
| 2023-06-30 |
$1,219 |
| 2023-03-31 |
$1,117 |
| 2022-12-31 |
$1,189 |
| 2022-09-30 |
$1,041 |
| 2022-06-30 |
$1,230 |
| 2022-03-31 |
$3,076 |
| 2021-12-31 |
$3,475 |
| 2021-09-30 |
$1,553 |
| 2021-06-30 |
$1,923 |
| 2021-03-31 |
$1,725 |
| 2020-12-31 |
$1,799 |
| 2020-09-30 |
$1,733 |
| 2020-06-30 |
$1,912 |
| 2020-03-31 |
$1,207 |
| 2019-12-31 |
$1,446 |
| 2019-09-30 |
|
| 2019-06-30 |
|
| 2019-03-31 |
|
| 2018-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building & Construction Products - Misc. |
$37.265B |
$14.209B |
|
Otis Worldwide Corp. is one of the leading elevator and escalator manufacturing, installation and service provider to commercial, housing associations, government associations, etc. Otis has expanded business in multiple countries across the world in more than 1,400 branches and offices. Raytheon Technologies Corp. completed the tax-free spin-off of Otis Worldwide Corp and Carrier Global Corp. It has 2 reporting segments: New Equipment & Service. The New Equipment segment manufactures, sells and installs a wide range of passenger and freight elevators, escalators and moving walkways for residential, commercial and infrastructure projects. It has developed a range of elevator and escalator solutions, including Gen360 elevator & Gen2 system. The Service segment performs maintenance & repair and modernization services to upgrade elevators, and escalators. It has a maintenance portfolio of more than 2 million units throughout the globe. Otis provides maintenance services to other manufacturers.
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