Otis Worldwide Operating Expenses 2019-2025 | OTIS
Otis Worldwide annual/quarterly operating expenses history and growth rate from 2019 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- Otis Worldwide operating expenses for the quarter ending March 31, 2025 were $2.939B, a 1.59% increase year-over-year.
- Otis Worldwide operating expenses for the twelve months ending March 31, 2025 were $12.299B, a 1.79% increase year-over-year.
- Otis Worldwide annual operating expenses for 2024 were $12.253B, a 1.91% increase from 2023.
- Otis Worldwide annual operating expenses for 2023 were $12.023B, a 3.18% increase from 2022.
- Otis Worldwide annual operating expenses for 2022 were $11.652B, a 4.41% decline from 2021.
| Otis Worldwide Annual Operating Expenses (Millions of US $) |
|
|---|---|
| 2024 | $12,253 |
| 2023 | $12,023 |
| 2022 | $11,652 |
| 2021 | $12,190 |
| 2020 | $11,117 |
| 2019 | $11,304 |
| 2018 | $11,080 |
| Otis Worldwide Quarterly Operating Expenses (Millions of US $) |
|
|---|---|
| 2025-03-31 | $2,939 |
| 2024-12-31 | $3,144 |
| 2024-09-30 | $3,185 |
| 2024-06-30 | $3,031 |
| 2024-03-31 | $2,893 |
| 2023-12-31 | $3,098 |
| 2023-09-30 | $2,952 |
| 2023-06-30 | $3,140 |
| 2023-03-31 | $2,833 |
| 2022-12-31 | $2,948 |
| 2022-09-30 | $2,815 |
| 2022-06-30 | $3,001 |
| 2022-03-31 | $2,888 |
| 2021-12-31 | $3,073 |
| 2021-09-30 | $3,078 |
| 2021-06-30 | $3,140 |
| 2021-03-31 | $2,899 |
| 2020-12-31 | $3,053 |
| 2020-09-30 | $2,814 |
| 2020-06-30 | $2,613 |
| 2020-03-31 | $2,637 |
| 2019-12-31 | $2,917 |
| 2019-09-30 | $2,831 |
| 2019-06-30 | $2,870 |
| 2019-03-31 | $2,686 |
| 2018-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Industrial Products | General Industrial Machinery | $38.197B | $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. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Parker-Hannifin (PH) | United States | $83.689B | 24.77 |
| Atlas Copco AB (ATLKY) | Sweden | $80.292B | 28.89 |
| Mitsubishi Heavy Industries (MHVYF) | Japan | $75.334B | 46.52 |
| Illinois Tool Works (ITW) | United States | $70.859B | 23.92 |
| Ferguson (FERG) | United States | $35.632B | 19.22 |
| Ingersoll Rand (IR) | United States | $32.430B | 25.93 |
| Epiroc Aktiebolag (EPOKY) | Sweden | $24.707B | 29.67 |
| Dover (DOV) | United States | $24.389B | 20.03 |
| Trimble (TRMB) | United States | $16.832B | 31.22 |
| IHI CORP (IHICY) | Japan | $14.543B | 19.53 |
| Graco (GGG) | United States | $13.979B | 29.66 |
| IDEX (IEX) | United States | $13.568B | 23.17 |
| Spirax Group (SPXSY) | United Kingdom | $11.621B | 0.00 |
| GEA Group AG (GEAGF) | Germany | $11.515B | 0.00 |
| RBC Bearings (RBC) | United States | $11.323B | 38.93 |
| Nordson (NDSN) | United States | $11.006B | 20.16 |
| Kawasaki Heavy Industries (KWHIY) | Japan | $10.721B | 18.55 |
| Regal Rexnord (RRX) | United States | $8.914B | 14.50 |
| Applied Industrial Technologies (AIT) | United States | $8.486B | 22.37 |
| Middleby (MIDD) | United States | $7.821B | 15.06 |
| Generac Holdings (GNRC) | United States | $7.300B | 16.13 |
| Chart Industries (GTLS) | United States | $7.214B | 17.78 |
| Flowserve (FLS) | United States | $6.485B | 17.91 |
| Gates Industrial (GTES) | United States | $5.398B | 15.86 |
| Kadant Inc (KAI) | United States | $3.593B | 30.51 |
| Japan Steel Works (JPSWY) | Japan | $3.225B | 26.43 |
| ATS (ATS) | Canada | $2.502B | 20.28 |
| SUMITOMO HEAVY (SOHVY) | Japan | $2.452B | 13.42 |
| Standex (SXI) | United States | $1.761B | 19.90 |
| Xometry (XMTR) | United States | $1.685B | 0.00 |
| DNOW (DNOW) | United States | $1.537B | 15.66 |
| Tennant (TNC) | United States | $1.355B | 12.40 |
| DXP Enterprises (DXPE) | United States | $1.319B | 16.51 |
| Helios Technologies (HLIO) | United States | $0.988B | 14.81 |
| Gorman-Rupp (GRC) | United States | $0.951B | 18.94 |
| Graham (GHM) | United States | $0.401B | 39.14 |
| Luxfer Holdings (LXFR) | United States | $0.305B | 11.77 |
| Paul Mueller (MUEL) | United States | $0.302B | 10.10 |
| ZJK Industrial (ZJK) | China | $0.261B | 0.00 |
| Crawford United (CRAWA) | United States | $0.177B | 12.89 |
| Alta Equipment Group (ALTG) | United States | $0.156B | 0.00 |
| China High Speed Transmission Equipment Group (CHSTY) | China | $0.147B | 0.00 |
| Ascent Industries (ACNT) | United States | $0.125B | 0.00 |
| Taylor Devices (TAYD) | United States | $0.116B | 14.79 |
| HUHUTECH Group (HUHU) | China | $0.108B | 0.00 |
| Twin Disc (TWIN) | United States | $0.098B | 86.88 |
| Burnham Holdings (BURCA) | United States | $0.081B | 7.90 |
| PyroGenesis (PYRGF) | Canada | $0.061B | 0.00 |
| Broadwind Energy (BWEN) | United States | $0.039B | 0.00 |
| CVD Equipment (CVV) | United States | $0.022B | 0.00 |