Otis Worldwide Change in Inventories 2019-2025 | OTIS

Otis Worldwide annual/quarterly change in inventories history and growth rate from 2019 to 2025. Change in inventories can be defined as the increase or decrease in a company's inventories for the period.
  • Otis Worldwide change in inventories for the quarter ending June 30, 2025 was $-18M, a 300% decline year-over-year.
  • Otis Worldwide change in inventories for the twelve months ending June 30, 2025 was $-16M, a 220% increase year-over-year.
  • Otis Worldwide annual change in inventories for 2024 was $0.026B, a 73.33% increase from 2023.
  • Otis Worldwide annual change in inventories for 2023 was $0.015B, a 123.08% decline from 2022.
  • Otis Worldwide annual change in inventories for 2022 was $-0.065B, a 564.29% decline from 2021.
Otis Worldwide Annual Change in Inventories
(Millions of US $)
2024 $26
2023 $15
2022 $-65
2021 $14
2020 $-76
2019 $60
2018 $24
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $34.925B $14.261B
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.
Stock Name Country Market Cap PE Ratio
Parker-Hannifin (PH) United States $93.044B 27.54
Mitsubishi Heavy Industries (MHVYF) Japan $80.529B 49.73
Atlas Copco AB (ATLKY) Sweden $79.268B 29.04
Illinois Tool Works (ITW) United States $77.129B 26.04
Ferguson (FERG) United States $44.902B 24.10
Ingersoll Rand (IR) United States $35.033B 28.01
Dover (DOV) United States $26.173B 21.50
Trimble (TRMB) United States $19.951B 37.00
IHI CORP (IHICY) Japan $16.317B 21.91
Graco (GGG) United States $14.571B 31.14
IDEX (IEX) United States $13.930B 23.79
Spirax Group (SPXSY) United Kingdom $12.548B 0.00
Nordson (NDSN) United States $12.434B 22.75
Kawasaki Heavy Industries (KWHIY) Japan $12.376B 21.41
RBC Bearings (RBC) United States $12.228B 42.04
GEA Group AG (GEAGF) Germany $11.882B 0.00
Regal Rexnord (RRX) United States $10.171B 16.54
Applied Industrial Technologies (AIT) United States $10.169B 26.81
Generac Holdings (GNRC) United States $9.035B 19.96
Oshkosh (OSK) United States $8.233B 11.88
Middleby (MIDD) United States $8.024B 15.45
Chart Industries (GTLS) United States $7.843B 19.33
Flowserve (FLS) United States $7.156B 19.76
Gates Industrial (GTES) United States $6.437B 18.92
Japan Steel Works (JPSWY) Japan $4.878B 39.98
Kadant Inc (KAI) United States $4.034B 34.26
ATS (ATS) Canada $3.062B 29.58
SUMITOMO HEAVY (SOHVY) Japan $2.572B 14.08
Standex (SXI) United States $1.949B 22.02
Xometry (XMTR) United States $1.645B 0.00
DNOW (DNOW) United States $1.611B 16.41
DXP Enterprises (DXPE) United States $1.604B 20.08
Tennant (TNC) United States $1.535B 14.04
Helios Technologies (HLIO) United States $1.250B 18.75
Gorman-Rupp (GRC) United States $0.998B 19.86
Graham (GHM) United States $0.598B 43.58
Luxfer Holdings (LXFR) United States $0.331B 12.81
Paul Mueller (MUEL) United States $0.330B 11.03
China High Speed Transmission Equipment Group (CHSTY) China $0.258B 0.00
Alta Equipment Group (ALTG) United States $0.258B 0.00
ZJK Industrial (ZJK) China $0.228B 0.00
Crawford United (CRAWA) United States $0.177B 12.89
HUHUTECH Group (HUHU) China $0.152B 0.00
Taylor Devices (TAYD) United States $0.150B 19.08
Ascent Industries (ACNT) United States $0.131B 0.00
Twin Disc (TWIN) United States $0.127B 112.50
Burnham Holdings (BURCA) United States $0.083B 8.01
PyroGenesis (PYRGF) Canada $0.056B 0.00
Broadwind Energy (BWEN) United States $0.056B 0.00
CVD Equipment (CVV) United States $0.025B 0.00