Otis Worldwide Pre-Tax Income 2019-2024 | OTIS

Otis Worldwide annual/quarterly pre-tax income history and growth rate from 2019 to 2024. Pre-tax income can be defined as company's earnings or loss before taxes on income have been accounted for.
  • Otis Worldwide pre-tax income for the quarter ending September 30, 2024 was $0.512B, a 3.76% decline year-over-year.
  • Otis Worldwide pre-tax income for the twelve months ending September 30, 2024 was $2.033B, a 1.19% increase year-over-year.
  • Otis Worldwide annual pre-tax income for 2023 was $2.031B, a 7.57% increase from 2022.
  • Otis Worldwide annual pre-tax income for 2022 was $1.888B, a 3.72% decline from 2021.
  • Otis Worldwide annual pre-tax income for 2021 was $1.961B, a 29.78% increase from 2020.
Otis Worldwide Annual Pre-Tax Income
(Millions of US $)
2023 $2,031
2022 $1,888
2021 $1,961
2020 $1,511
2019 $1,861
2018 $1,893
Otis Worldwide Quarterly Pre-Tax Income
(Millions of US $)
2024-09-30 $512
2024-06-30 $544
2024-03-31 $500
2023-12-31 $477
2023-09-30 $532
2023-06-30 $542
2023-03-31 $480
2022-12-31 $455
2022-09-30 $493
2022-06-30 $451
2022-03-31 $489
2021-12-31 $447
2021-09-30 $507
2021-06-30 $532
2021-03-31 $475
2020-12-31 $397
2020-09-30 $413
2020-06-30 $374
2020-03-31 $327
2019-12-31 $437
2019-09-30 $504
2019-06-30 $495
2019-03-31 $425
2018-12-31
Sector Industry Market Cap Revenue
Construction Building & Construction Products - Misc. $40.058B $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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