Otis Worldwide Property, Plant, and Equipment 2019-2024 | OTIS
Otis Worldwide property, plant, and equipment from 2019 to 2024. Property, plant, and equipment can be defined as the sum of all net property, plant & Equipment fields. Where companies do not report a break down of plant, property, & equipment, the value is entered in this field alone.
- Otis Worldwide property, plant, and equipment for the quarter ending June 30, 2024 was $0.708B, a 0.98% decline year-over-year.
- Otis Worldwide property, plant, and equipment for 2023 was $0.727B, a 1.11% increase from 2022.
- Otis Worldwide property, plant, and equipment for 2022 was $0.719B, a 7.11% decline from 2021.
- Otis Worldwide property, plant, and equipment for 2021 was $0.774B, a 0% decline from 2020.
Otis Worldwide Annual Property, Plant, and Equipment
(Millions of US $) |
| 2023 |
$727 |
| 2022 |
$719 |
| 2021 |
$774 |
| 2020 |
$774 |
| 2019 |
$721 |
| 2018 |
$ |
Otis Worldwide Quarterly Property, Plant, and Equipment
(Millions of US $) |
| 2024-06-30 |
$708 |
| 2024-03-31 |
$713 |
| 2023-12-31 |
$727 |
| 2023-09-30 |
$708 |
| 2023-06-30 |
$715 |
| 2023-03-31 |
$719 |
| 2022-12-31 |
$719 |
| 2022-09-30 |
$692 |
| 2022-06-30 |
$724 |
| 2022-03-31 |
$757 |
| 2021-12-31 |
$774 |
| 2021-09-30 |
$775 |
| 2021-06-30 |
$781 |
| 2021-03-31 |
$765 |
| 2020-12-31 |
$774 |
| 2020-09-30 |
$721 |
| 2020-06-30 |
$704 |
| 2020-03-31 |
$688 |
| 2019-12-31 |
$721 |
| 2019-09-30 |
|
| 2019-06-30 |
|
| 2019-03-31 |
|
| 2018-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Construction |
Building & Construction Products - Misc. |
$38.605B |
$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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