Otis Worldwide Net Profit Margin 2019-2024 | OTIS
Current and historical net profit margin for Otis Worldwide (OTIS) from 2019 to 2024. Net profit margin can be defined as net Income as a portion of total sales revenue. Otis Worldwide net profit margin for the three months ending March 31, 2024 was .
| Otis Worldwide Net Profit Margin Historical Data |
| Date |
TTM Revenue |
TTM Net Income |
Net Margin |
| 2024-03-31 |
$14.30B |
$1.43B |
9.99% |
| 2023-12-31 |
$14.21B |
$1.41B |
9.90% |
| 2023-09-30 |
$14.03B |
$1.38B |
9.84% |
| 2023-06-30 |
$13.85B |
$1.33B |
9.59% |
| 2023-03-31 |
$13.62B |
$1.27B |
9.35% |
| 2022-12-31 |
$13.69B |
$1.25B |
9.16% |
| 2022-09-30 |
$13.82B |
$1.24B |
8.95% |
| 2022-06-30 |
$14.09B |
$1.24B |
8.83% |
| 2022-03-31 |
$14.30B |
$1.25B |
8.73% |
| 2021-12-31 |
$14.30B |
$1.25B |
8.71% |
| 2021-09-30 |
$14.22B |
$1.22B |
8.55% |
| 2021-06-30 |
$13.87B |
$1.15B |
8.30% |
| 2021-03-31 |
$13.20B |
$1.05B |
7.95% |
| 2020-12-31 |
$12.76B |
$0.91B |
7.10% |
| 2020-09-30 |
$12.62B |
$0.87B |
6.92% |
| 2020-06-30 |
$12.66B |
$0.92B |
7.30% |
| 2020-03-31 |
$12.98B |
$1.01B |
7.76% |
| 2019-12-31 |
$13.12B |
$1.12B |
8.51% |
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building & Construction Products - Misc. |
$39.021B |
$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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