Otis Ebit from 2010 to 2026

OTIS Stock  USD 88.42  1.47  1.64%   
Otis Worldwide EBIT yearly trend continues to be comparatively stable with very little volatility. EBIT will likely drop to about 2.2 B in 2026. From the period from 2010 to 2026, Otis Worldwide EBIT quarterly data regression had r-value of  0.41 and coefficient of variation of  7.32. View All Fundamentals
 
EBIT  
First Reported
2019-03-31
Previous Quarter
547 M
Current Value
582 M
Quarterly Volatility
60.5 M
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 478.2 M, Net Interest Income of 29.3 M or Interest Income of 78.9 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.0103 or Days Sales Outstanding of 78.71. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
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Latest Otis Worldwide's Ebit Growth Pattern

Below is the plot of the Ebit of Otis Worldwide Corp over the last few years. It is Otis Worldwide's EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
Ebit10 Years Trend
Slightly volatile
   Ebit   
       Timeline  

Otis Ebit Regression Statistics

Arithmetic Mean2,019,916,912
Geometric Mean2,014,694,306
Coefficient Of Variation7.32
Mean Deviation91,774,827
Median1,997,000,000
Standard Deviation147,916,406
Sample Variance21879.3T
Range725.6M
R-Value0.41
Mean Square Error19505.3T
R-Squared0.16
Significance0.11
Slope11,870,221
Total Sum of Squares350068.2T

Otis Ebit History

20262.2 B
20252.4 B
20242.1 B
20232.2 B
2022B
20212.1 B
20201.6 B

Other Fundumenentals of Otis Worldwide Corp

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Ebit, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
EBIT2.4 B2.2 B
EBITDA2.6 B2.4 B
Ebt Per Ebit 1.17  1.03 
Ebit Per Revenue 0.16  0.17 

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Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.