Otis Worldwide Net Income 2019-2025 | OTIS
Otis Worldwide annual/quarterly net income history and growth rate from 2019 to 2025. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
- Otis Worldwide net income for the quarter ending March 31, 2025 was $243M, a 31.16% decline year-over-year.
- Otis Worldwide net income for the twelve months ending March 31, 2025 was $1.535B, a 7.49% increase year-over-year.
- Otis Worldwide annual net income for 2024 was $1.645B, a 17% increase from 2023.
- Otis Worldwide annual net income for 2023 was $1.406B, a 12.21% increase from 2022.
- Otis Worldwide annual net income for 2022 was $1.253B, a 0.56% increase from 2021.
| Otis Worldwide Annual Net Income (Millions of US $) |
|
|---|---|
| 2024 | $1,645 |
| 2023 | $1,406 |
| 2022 | $1,253 |
| 2021 | $1,246 |
| 2020 | $906 |
| 2019 | $1,116 |
| 2018 | $1,049 |
| Otis Worldwide Quarterly Net Income (Millions of US $) |
|
|---|---|
| 2025-03-31 | $243 |
| 2024-12-31 | $337 |
| 2024-09-30 | $540 |
| 2024-06-30 | $415 |
| 2024-03-31 | $353 |
| 2023-12-31 | $323 |
| 2023-09-30 | $376 |
| 2023-06-30 | $376 |
| 2023-03-31 | $331 |
| 2022-12-31 | $297 |
| 2022-09-30 | $324 |
| 2022-06-30 | $321 |
| 2022-03-31 | $311 |
| 2021-12-31 | $281 |
| 2021-09-30 | $331 |
| 2021-06-30 | $326 |
| 2021-03-31 | $308 |
| 2020-12-31 | $251 |
| 2020-09-30 | $266 |
| 2020-06-30 | $224 |
| 2020-03-31 | $165 |
| 2019-12-31 | $218 |
| 2019-09-30 | $317 |
| 2019-06-30 | $308 |
| 2019-03-31 | $273 |
| 2018-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Industrial Products | General Industrial Machinery | $38.410B | $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 | $79.681B | 23.41 |
| Atlas Copco AB (ATLKY) | Sweden | $76.685B | 27.60 |
| Illinois Tool Works (ITW) | United States | $71.000B | 23.97 |
| Mitsubishi Heavy Industries (MHVYF) | Japan | $65.921B | 0.00 |
| Ferguson (FERG) | United States | $34.443B | 18.58 |
| Ingersoll Rand (IR) | United States | $30.929B | 24.75 |
| Epiroc Aktiebolag (EPOKY) | Sweden | $24.707B | 29.67 |
| Dover (DOV) | United States | $23.838B | 19.58 |
| Trimble (TRMB) | United States | $15.410B | 28.08 |
| Graco (GGG) | United States | $13.910B | 29.51 |
| IDEX (IEX) | United States | $13.708B | 23.41 |
| IHI CORP (IHICY) | Japan | $12.248B | 15.56 |
| Spirax Group (SPXSY) | United Kingdom | $12.014B | 0.00 |
| Nordson (NDSN) | United States | $10.975B | 20.11 |
| RBC Bearings (RBC) | United States | $10.826B | 38.26 |
| GEA Group AG (GEAGF) | Germany | $10.564B | 0.00 |
| Kawasaki Heavy Industries (KWHIY) | Japan | $9.829B | 17.78 |
| Applied Industrial Technologies (AIT) | United States | $8.662B | 22.84 |
| Middleby (MIDD) | United States | $7.434B | 14.60 |
| Regal Rexnord (RRX) | United States | $7.404B | 12.25 |
| Chart Industries (GTLS) | United States | $7.163B | 17.65 |
| Generac Holdings (GNRC) | United States | $6.829B | 14.96 |
| Flowserve (FLS) | United States | $6.207B | 17.14 |
| Gates Industrial (GTES) | United States | $5.096B | 14.98 |
| Kadant Inc (KAI) | United States | $3.534B | 30.01 |
| Japan Steel Works (JPSWY) | Japan | $2.761B | 21.32 |
| ATS (ATS) | Canada | $2.528B | 20.48 |
| SUMITOMO HEAVY (SOHVY) | Japan | $2.417B | 13.23 |
| Standex (SXI) | United States | $1.892B | 21.70 |
| DNOW (DNOW) | United States | $1.747B | 17.97 |
| DXP Enterprises (DXPE) | United States | $1.444B | 20.14 |
| Xometry (XMTR) | United States | $1.397B | 0.00 |
| Tennant (TNC) | United States | $1.333B | 12.20 |
| Gorman-Rupp (GRC) | United States | $0.969B | 19.29 |
| Helios Technologies (HLIO) | United States | $0.939B | 13.47 |
| Graham (GHM) | United States | $0.361B | 35.23 |
| Luxfer Holdings (LXFR) | United States | $0.308B | 11.90 |
| ZJK Industrial (ZJK) | China | $0.279B | 0.00 |
| Paul Mueller (MUEL) | United States | $0.236B | 7.83 |
| Crawford United (CRAWA) | United States | $0.174B | 12.78 |
| China High Speed Transmission Equipment Group (CHSTY) | China | $0.166B | 0.00 |
| Alta Equipment Group (ALTG) | United States | $0.156B | 0.00 |
| Ascent Industries (ACNT) | United States | $0.131B | 0.00 |
| HUHUTECH Group (HUHU) | China | $0.113B | 0.00 |
| Taylor Devices (TAYD) | United States | $0.102B | 13.00 |
| Twin Disc (TWIN) | United States | $0.099B | 15.22 |
| Burnham Holdings (BURCA) | United States | $0.066B | 6.42 |
| PyroGenesis (PYRGF) | Canada | $0.060B | 0.00 |
| Broadwind Energy (BWEN) | United States | $0.034B | 30.80 |
| CVD Equipment (CVV) | United States | $0.020B | 0.00 |