Otis Worldwide Gross Margin 2019-2024 | OTIS
Current and historical gross margin for Otis Worldwide (OTIS) over the last 10 years. The current gross profit margin for Otis Worldwide as of December 31, 2024 is %.
| Otis Worldwide Gross Margin Historical Data |
| Date |
TTM Revenue |
TTM Gross Profit |
Gross Margin |
| 2024-12-31 |
$14.26B |
$4.26B |
29.85% |
| 2024-09-30 |
$14.21B |
$4.25B |
29.94% |
| 2024-06-30 |
$14.18B |
$4.22B |
29.77% |
| 2024-03-31 |
$14.30B |
$4.23B |
29.55% |
| 2023-12-31 |
$14.21B |
$4.19B |
29.51% |
| 2023-09-30 |
$14.03B |
$4.09B |
29.12% |
| 2023-06-30 |
$13.85B |
$4.01B |
28.96% |
| 2023-03-31 |
$13.62B |
$3.91B |
28.71% |
| 2022-12-31 |
$13.69B |
$3.92B |
28.64% |
| 2022-09-30 |
$13.82B |
$4.00B |
28.95% |
| 2022-06-30 |
$14.09B |
$4.09B |
29.01% |
| 2022-03-31 |
$14.30B |
$4.18B |
29.22% |
| 2021-12-31 |
$14.30B |
$4.19B |
29.33% |
| 2021-09-30 |
$14.22B |
$4.17B |
29.29% |
| 2021-06-30 |
$13.87B |
$4.09B |
29.45% |
| 2021-03-31 |
$13.20B |
$3.90B |
29.56% |
| 2020-12-31 |
$12.76B |
$3.78B |
29.63% |
| 2020-09-30 |
$12.62B |
$3.73B |
29.59% |
| 2020-06-30 |
$12.66B |
$3.73B |
29.45% |
| 2020-03-31 |
$12.98B |
$3.82B |
29.44% |
| 2019-12-31 |
$13.12B |
$3.83B |
29.17% |
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building & Construction Products - Misc. |
$40.921B |
$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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