Otis Worldwide Net Change in Property, Plant, and Equipment 2019-2025 | OTIS

Otis Worldwide annual/quarterly net change in property, plant, and equipment history and growth rate from 2019 to 2025. Net change in property, plant, and equipment can be defined as the overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
  • Otis Worldwide net change in property, plant, and equipment for the quarter ending March 31, 2025 was $-34M, a 9.68% increase year-over-year.
  • Otis Worldwide net change in property, plant, and equipment for the twelve months ending March 31, 2025 was $-0.302B, a 7.65% decline year-over-year.
  • Otis Worldwide annual net change in property, plant, and equipment for 2024 was $-0.126B, a 8.7% decline from 2023.
  • Otis Worldwide annual net change in property, plant, and equipment for 2023 was $-0.138B, a 20% increase from 2022.
  • Otis Worldwide annual net change in property, plant, and equipment for 2022 was $-0.115B, a 26.28% decline from 2021.
Otis Worldwide Annual Net Change in Property, Plant, and Equipment
(Millions of US $)
2024 $-126
2023 $-138
2022 $-115
2021 $-156
2020 $-183
2019 $-145
2018 $-172
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $38.891B $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.
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Ingersoll Rand (IR) United States $33.709B 26.95
Dover (DOV) United States $25.558B 20.99
Epiroc Aktiebolag (EPOKY) Sweden $24.707B 29.67
Trimble (TRMB) United States $17.104B 31.72
Graco (GGG) United States $14.542B 30.85
IDEX (IEX) United States $14.348B 24.51
IHI CORP (IHICY) Japan $13.757B 18.47
Spirax Group (SPXSY) United Kingdom $11.987B 0.00
RBC Bearings (RBC) United States $11.846B 40.73
Nordson (NDSN) United States $11.636B 21.32
GEA Group AG (GEAGF) Germany $11.515B 0.00
Kawasaki Heavy Industries (KWHIY) Japan $10.365B 17.93
Regal Rexnord (RRX) United States $9.373B 15.24
Applied Industrial Technologies (AIT) United States $8.885B 23.42
Middleby (MIDD) United States $8.100B 15.60
Chart Industries (GTLS) United States $7.762B 19.13
Generac Holdings (GNRC) United States $7.619B 16.83
Flowserve (FLS) United States $6.716B 18.55
Gates Industrial (GTES) United States $5.637B 16.57
Kadant Inc (KAI) United States $3.772B 32.03
Japan Steel Works (JPSWY) Japan $2.857B 23.41
ATS (ATS) Canada $2.744B 22.24
SUMITOMO HEAVY (SOHVY) Japan $2.444B 13.38
Standex (SXI) United States $1.887B 21.32
Xometry (XMTR) United States $1.715B 0.00
DNOW (DNOW) United States $1.594B 16.24
Tennant (TNC) United States $1.431B 13.10
DXP Enterprises (DXPE) United States $1.408B 17.63
Helios Technologies (HLIO) United States $1.090B 16.35
Gorman-Rupp (GRC) United States $1.015B 20.22
Graham (GHM) United States $0.414B 40.35
Luxfer Holdings (LXFR) United States $0.325B 12.58
Paul Mueller (MUEL) United States $0.309B 10.24
ZJK Industrial (ZJK) China $0.276B 0.00
China High Speed Transmission Equipment Group (CHSTY) China $0.183B 0.00
Alta Equipment Group (ALTG) United States $0.175B 0.00
Crawford United (CRAWA) United States $0.174B 12.71
Taylor Devices (TAYD) United States $0.127B 16.15
Ascent Industries (ACNT) United States $0.125B 0.00
HUHUTECH Group (HUHU) China $0.112B 0.00
Twin Disc (TWIN) United States $0.101B 89.00
Burnham Holdings (BURCA) United States $0.076B 7.34
PyroGenesis (PYRGF) Canada $0.060B 0.00
Broadwind Energy (BWEN) United States $0.042B 0.00
CVD Equipment (CVV) United States $0.017B 0.00