Otis Worldwide Cost of Goods Sold 2019-2024 | OTIS

Otis Worldwide annual/quarterly cost of goods sold history and growth rate from 2019 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Otis Worldwide cost of goods sold for the quarter ending September 30, 2024 was $2.470B, a 0.28% decline year-over-year.
  • Otis Worldwide cost of goods sold for the twelve months ending September 30, 2024 was $9.953B, a 0.1% increase year-over-year.
  • Otis Worldwide annual cost of goods sold for 2023 was $10.016B, a 2.57% increase from 2022.
  • Otis Worldwide annual cost of goods sold for 2022 was $9.765B, a 3.36% decline from 2021.
  • Otis Worldwide annual cost of goods sold for 2021 was $10.105B, a 12.57% increase from 2020.
Otis Worldwide Annual Cost of Goods Sold
(Millions of US $)
2023 $10,016
2022 $9,765
2021 $10,105
2020 $8,977
2019 $9,292
2018 $9,189
Otis Worldwide Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $2,470
2024-06-30 $2,522
2024-03-31 $2,409
2023-12-31 $2,552
2023-09-30 $2,477
2023-06-30 $2,637
2023-03-31 $2,350
2022-12-31 $2,479
2022-09-30 $2,373
2022-06-30 $2,505
2022-03-31 $2,408
2021-12-31 $2,530
2021-09-30 $2,560
2021-06-30 $2,626
2021-03-31 $2,389
2020-12-31 $2,481
2020-09-30 $2,289
2020-06-30 $2,138
2020-03-31 $2,069
2019-12-31 $2,387
2019-09-30 $2,338
2019-06-30 $2,367
2019-03-31 $2,200
2018-12-31
Sector Industry Market Cap Revenue
Construction Building & Construction Products - Misc. $40.058B $14.209B
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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Masco (MAS) United States $16.434B 18.85
James Hardie Industries (JHX) Ireland $15.439B 22.75
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Barratt Redrow (BTDPY) United Kingdom $7.530B 0.00
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Arcosa (ACA) United States $5.119B 32.49
Construction Partners (ROAD) United States $4.907B 68.89
Frontdoor (FTDR) United States $4.102B 16.49
Bellway (BLWYY) United Kingdom $3.725B 0.00
Everus Construction (ECG) $3.138B 0.00
Grafton Group (GROUF) Ireland $2.822B 0.00
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Gibraltar Industries (ROCK) United States $2.076B 16.69
Argan (AGX) United States $2.009B 46.81
Quanex Building Products (NX) United States $1.412B 11.86
Aspen Aerogels (ASPN) United States $1.157B 44.06
Janus (JBI) United States $1.000B 9.21
Latham (SWIM) United States $0.665B 63.89
Caesarstone (CSTE) Israel $0.134B 0.00
DIRTT Environmental Solutions (DRTTF) Canada $0.129B 13.40
Springview Holdings (SPHL) Singapore $0.053B 0.00
Inno Holdings (INHD) United States $0.009B 0.00
New Home (NWHM) United States $0.000B 0.00