Otis Worldwide Gross Profit 2019-2025 | OTIS
Otis Worldwide annual/quarterly gross profit history and growth rate from 2019 to 2025. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Otis Worldwide gross profit for the quarter ending September 30, 2025 was $1.133B, a 5.1% increase year-over-year.
- Otis Worldwide gross profit for the twelve months ending September 30, 2025 was $4.295B, a 0.99% increase year-over-year.
- Otis Worldwide annual gross profit for 2024 was $4.257B, a 1.53% increase from 2023.
- Otis Worldwide annual gross profit for 2023 was $4.193B, a 6.96% increase from 2022.
- Otis Worldwide annual gross profit for 2022 was $3.92B, a 6.51% decline from 2021.
|
Otis Worldwide Annual Gross Profit (Millions of US $) |
|
|---|---|
| 2024 | $4,257 |
| 2023 | $4,193 |
| 2022 | $3,920 |
| 2021 | $4,193 |
| 2020 | $3,779 |
| 2019 | $3,826 |
| 2018 | $3,726 |
|
Otis Worldwide Quarterly Gross Profit (Millions of US $) |
|
|---|---|
| 2025-09-30 | $1,133 |
| 2025-06-30 | $1,089 |
| 2025-03-31 | $1,001 |
| 2024-12-31 | $1,072 |
| 2024-09-30 | $1,078 |
| 2024-06-30 | $1,079 |
| 2024-03-31 | $1,028 |
| 2023-12-31 | $1,068 |
| 2023-09-30 | $1,046 |
| 2023-06-30 | $1,083 |
| 2023-03-31 | $996 |
| 2022-12-31 | $960 |
| 2022-09-30 | $971 |
| 2022-06-30 | $983 |
| 2022-03-31 | $1,006 |
| 2021-12-31 | $1,039 |
| 2021-09-30 | $1,060 |
| 2021-06-30 | $1,075 |
| 2021-03-31 | $1,019 |
| 2020-12-31 | $1,012 |
| 2020-09-30 | $979 |
| 2020-06-30 | $891 |
| 2020-03-31 | $897 |
| 2019-12-31 | $966 |
| 2019-09-30 | $975 |
| 2019-06-30 | $984 |
| 2019-03-31 | $901 |
| 2018-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Industrial Products | General Industrial Machinery | $35.180B | $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 | $116.217B | 32.45 |
| Mitsubishi Heavy Industries (MHVYF) | Japan | $95.238B | 56.46 |
| Atlas Copco AB (ATLKY) | Sweden | $94.869B | 34.75 |
| Illinois Tool Works (ITW) | United States | $74.010B | 24.75 |
| Ferguson (FERG) | United States | $46.708B | 23.10 |
| Ingersoll Rand (IR) | United States | $33.786B | 27.67 |
| Dover (DOV) | United States | $27.690B | 21.68 |
| IHI CORP (IHICY) | Japan | $22.857B | 31.85 |
| Trimble (TRMB) | United States | $19.179B | 32.50 |
| RBC Bearings (RBC) | United States | $15.400B | 47.90 |
| Watsco (WSO) | United States | $15.230B | 29.34 |
| Nordson (NDSN) | United States | $14.582B | 25.51 |
| Graco (GGG) | United States | $14.250B | 30.48 |
| Spirax Group (SPXSY) | United Kingdom | $14.138B | 0.00 |
| IDEX (IEX) | United States | $13.825B | 23.41 |
| Kawasaki Heavy Industries (KWHIY) | Japan | $13.603B | 21.23 |
| GEA Group AG (GEAGF) | Germany | $11.236B | 0.00 |
| Applied Industrial Technologies (AIT) | United States | $10.269B | 26.20 |
| Regal Rexnord (RRX) | United States | $10.134B | 16.10 |
| Watts Water Technologies (WTS) | United States | $9.587B | 28.72 |
| Flowserve (FLS) | United States | $9.339B | 22.75 |
| Chart Industries (GTLS) | United States | $9.290B | 20.90 |
| Generac Holdings (GNRC) | United States | $8.966B | 20.26 |
| Middleby (MIDD) | United States | $7.943B | 16.29 |
| Accelleron Industries AG - (ACLLY) | $7.666B | 0.00 | |
| Gates Industrial (GTES) | United States | $5.886B | 16.16 |
| Japan Steel Works (JPSWY) | Japan | $4.008B | 29.27 |
| MUELLER WATER PRODUCTS (MWA) | United States | $3.947B | 19.27 |
| SUMITOMO HEAVY (SOHVY) | Japan | $3.461B | 16.36 |
| Xometry (XMTR) | United States | $3.223B | 0.00 |
| Standex (SXI) | United States | $2.875B | 29.18 |
| ATS (ATS) | Canada | $2.824B | 25.26 |
| Helios Technologies (HLIO) | United States | $2.007B | 29.13 |
| DXP Enterprises (DXPE) | United States | $1.789B | 21.09 |
| DNOW (DNOW) | United States | $1.425B | 13.57 |
| Tennant (TNC) | United States | $1.424B | 14.05 |
| Gorman-Rupp (GRC) | United States | $1.333B | 25.33 |
| Graham (GHM) | United States | $0.780B | 51.79 |
| Wolfspeed (WOLF) | United States | $0.482B | 0.00 |
| Luxfer Holdings (LXFR) | United States | $0.382B | 14.75 |
| China High Speed Transmission Equipment Group (CHSTY) | China | $0.368B | 0.00 |
| Paul Mueller (MUEL) | United States | $0.329B | 9.10 |
| Crawford United (CRAWA) | United States | $0.289B | 16.42 |
| Twin Disc (TWIN) | United States | $0.252B | 874.00 |
| Taylor Devices (TAYD) | United States | $0.215B | 21.65 |
| HUHUTECH Group (HUHU) | China | $0.189B | 0.00 |
| Alta Equipment Group (ALTG) | United States | $0.187B | 0.00 |
| Ascent Industries (ACNT) | United States | $0.152B | 0.00 |
| ZJK Industrial (ZJK) | China | $0.145B | 0.00 |
| Burnham Holdings (BURCA) | United States | $0.085B | 7.83 |
| Broadwind Energy (BWEN) | United States | $0.085B | 0.00 |
| CVD Equipment (CVV) | United States | $0.031B | 0.00 |