Otis Worldwide EBIT 2019-2024 | OTIS
Otis Worldwide annual and quarterly EBIT history from 2019 to 2024. EBIT can be defined as earnings before interest and taxes.
- Otis Worldwide EBIT for the quarter ending September 30, 2024 was $0.363B, a 36.43% decline year-over-year.
- Otis Worldwide EBIT for the twelve months ending September 30, 2024 was $1.999B, a 7.24% decline year-over-year.
- Otis Worldwide 2023 annual EBIT was $2.186B, a 7.53% increase from 2022.
- Otis Worldwide 2022 annual EBIT was $2.033B, a 3.56% decline from 2021.
- Otis Worldwide 2021 annual EBIT was $2.108B, a 28.62% increase from 2020.
Otis Worldwide Annual EBIT
(Millions of US $) |
| 2023 |
$2,186 |
| 2022 |
$2,033 |
| 2021 |
$2,108 |
| 2020 |
$1,639 |
| 2019 |
$1,814 |
| 2018 |
$1,835 |
Otis Worldwide Quarterly EBIT
(Millions of US $) |
| 2024-09-30 |
$363 |
| 2024-06-30 |
$570 |
| 2024-03-31 |
$544 |
| 2023-12-31 |
$522 |
| 2023-09-30 |
$571 |
| 2023-06-30 |
$580 |
| 2023-03-31 |
$513 |
| 2022-12-31 |
$491 |
| 2022-09-30 |
$529 |
| 2022-06-30 |
$487 |
| 2022-03-31 |
$526 |
| 2021-12-31 |
$496 |
| 2021-09-30 |
$542 |
| 2021-06-30 |
$561 |
| 2021-03-31 |
$509 |
| 2020-12-31 |
$440 |
| 2020-09-30 |
$454 |
| 2020-06-30 |
$416 |
| 2020-03-31 |
$329 |
| 2019-12-31 |
$436 |
| 2019-09-30 |
$482 |
| 2019-06-30 |
$481 |
| 2019-03-31 |
$415 |
| 2018-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building & Construction Products - Misc. |
$40.058B |
$14.209B |
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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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