Otis Worldwide Income After Taxes 2019-2024 | OTIS

Otis Worldwide annual/quarterly income after taxes history and growth rate from 2019 to 2024. Income after taxes can be defined as earnings or losses after income tax expense but before minority interest, extraordinary items, discontinued operations, preferred dividends and accounting changes have been accounted for.
  • Otis Worldwide income after taxes for the quarter ending September 30, 2024 was $0.557B, a 41.01% increase year-over-year.
  • Otis Worldwide income after taxes for the twelve months ending September 30, 2024 was $1.725B, a 17.19% increase year-over-year.
  • Otis Worldwide annual income after taxes for 2023 was $1.498B, a 9.42% increase from 2022.
  • Otis Worldwide annual income after taxes for 2022 was $1.369B, a 3.59% decline from 2021.
  • Otis Worldwide annual income after taxes for 2021 was $1.42B, a 34.47% increase from 2020.
Otis Worldwide Annual Income After Taxes
(Millions of US $)
2023 $1,498
2022 $1,369
2021 $1,420
2020 $1,056
2019 $1,267
2018 $1,210
Otis Worldwide Quarterly Income After Taxes
(Millions of US $)
2024-09-30 $557
2024-06-30 $450
2024-03-31 $374
2023-12-31 $344
2023-09-30 $395
2023-06-30 $407
2023-03-31 $352
2022-12-31 $318
2022-09-30 $350
2022-06-30 $348
2022-03-31 $353
2021-12-31 $310
2021-09-30 $379
2021-06-30 $379
2021-03-31 $352
2020-12-31 $279
2020-09-30 $310
2020-06-30 $265
2020-03-31 $202
2019-12-31 $254
2019-09-30 $361
2019-06-30 $352
2019-03-31 $300
2018-12-31
Sector Industry Market Cap Revenue
Construction Building & Construction Products - Misc. $36.846B $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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