Otis Worldwide Income Taxes 2019-2024 | OTIS
Otis Worldwide annual/quarterly income taxes history and growth rate from 2019 to 2024. Income taxes can be defined as the total amount of income tax expense for the given period.
- Otis Worldwide income taxes for the quarter ending September 30, 2024 were $-0.045B, a 132.85% decline year-over-year.
- Otis Worldwide income taxes for the twelve months ending September 30, 2024 were $308M, a 42.64% decline year-over-year.
- Otis Worldwide annual income taxes for 2023 were $0.533B, a 2.7% increase from 2022.
- Otis Worldwide annual income taxes for 2022 were $0.519B, a 4.07% decline from 2021.
- Otis Worldwide annual income taxes for 2021 were $0.541B, a 18.9% increase from 2020.
Otis Worldwide Annual Income Taxes
(Millions of US $) |
| 2023 |
$533 |
| 2022 |
$519 |
| 2021 |
$541 |
| 2020 |
$455 |
| 2019 |
$594 |
| 2018 |
$683 |
Otis Worldwide Quarterly Income Taxes
(Millions of US $) |
| 2024-09-30 |
$-45 |
| 2024-06-30 |
$94 |
| 2024-03-31 |
$126 |
| 2023-12-31 |
$133 |
| 2023-09-30 |
$137 |
| 2023-06-30 |
$135 |
| 2023-03-31 |
$128 |
| 2022-12-31 |
$137 |
| 2022-09-30 |
$143 |
| 2022-06-30 |
$103 |
| 2022-03-31 |
$136 |
| 2021-12-31 |
$137 |
| 2021-09-30 |
$128 |
| 2021-06-30 |
$153 |
| 2021-03-31 |
$123 |
| 2020-12-31 |
$118 |
| 2020-09-30 |
$103 |
| 2020-06-30 |
$109 |
| 2020-03-31 |
$125 |
| 2019-12-31 |
$183 |
| 2019-09-30 |
$143 |
| 2019-06-30 |
$143 |
| 2019-03-31 |
$125 |
| 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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