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 $-15M, a 50% increase year-over-year.
  • Otis Worldwide change in inventories for the twelve months ending June 30, 2025 was $-21M, a 450% decline 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 $33.902B $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 $97.028B 27.75
Mitsubishi Heavy Industries (MHVYF) Japan $86.652B 51.37
Atlas Copco AB (ATLKY) Sweden $77.806B 28.50
Illinois Tool Works (ITW) United States $77.145B 26.07
Ferguson (FERG) United States $45.578B 24.46
Ingersoll Rand (IR) United States $31.570B 25.87
Dover (DOV) United States $24.528B 19.96
Trimble (TRMB) United States $19.233B 34.25
IHI CORP (IHICY) Japan $16.837B 23.97
Spirax Group (SPXSY) United Kingdom $14.729B 0.00
Graco (GGG) United States $14.149B 30.50
GEA Group AG (GEAGF) Germany $13.002B 0.00
Nordson (NDSN) United States $12.647B 22.53
IDEX (IEX) United States $12.385B 21.20
RBC Bearings (RBC) United States $12.308B 40.71
Generac Holdings (GNRC) United States $10.870B 23.27
Kawasaki Heavy Industries (KWHIY) Japan $10.152B 20.03
Applied Industrial Technologies (AIT) United States $9.951B 26.05
Regal Rexnord (RRX) United States $9.912B 15.79
Chart Industries (GTLS) United States $8.960B 21.46
Oshkosh (OSK) United States $8.920B 12.86
Flowserve (FLS) United States $7.018B 18.19
Middleby (MIDD) United States $6.936B 14.20
Gates Industrial (GTES) United States $6.584B 18.93
Japan Steel Works (JPSWY) Japan $4.544B 35.92
Kadant Inc (KAI) United States $3.807B 34.03
ATS (ATS) Canada $2.707B 28.00
SUMITOMO HEAVY (SOHVY) Japan $2.690B 15.99
Xometry (XMTR) United States $2.513B 0.00
Standex (SXI) United States $2.463B 26.00
DXP Enterprises (DXPE) United States $1.960B 22.71
Helios Technologies (HLIO) United States $1.798B 27.82
DNOW (DNOW) United States $1.714B 16.84
Tennant (TNC) United States $1.515B 14.86
Gorman-Rupp (GRC) United States $1.125B 21.71
Graham (GHM) United States $0.538B 35.80
Luxfer Holdings (LXFR) United States $0.359B 13.56
Paul Mueller (MUEL) United States $0.341B 8.57
China High Speed Transmission Equipment Group (CHSTY) China $0.275B 0.00
Alta Equipment Group (ALTG) United States $0.267B 0.00
Crawford United (CRAWA) United States $0.259B 16.67
ZJK Industrial (ZJK) China $0.236B 0.00
Twin Disc (TWIN) United States $0.179B 0.00
Taylor Devices (TAYD) United States $0.154B 16.33
HUHUTECH Group (HUHU) China $0.130B 0.00
Ascent Industries (ACNT) United States $0.114B 0.00
Burnham Holdings (BURCA) United States $0.084B 7.88
Broadwind Energy (BWEN) United States $0.048B 0.00
CVD Equipment (CVV) United States $0.019B 0.00