Otis Net Income Per E B T from 2010 to 2024

OTIS Stock  USD 102.98  0.46  0.45%   
Otis Worldwide Net Income Per E B T yearly trend continues to be comparatively stable with very little volatility. Net Income Per E B T will likely drop to 0.46 in 2024. From the period from 2010 to 2024, Otis Worldwide Net Income Per E B T quarterly data regression had r-value of  0.81 and coefficient of variation of  33.29. View All Fundamentals
 
Net Income Per E B T  
First Reported
2010-12-31
Previous Quarter
0.69226982
Current Value
0.46
Quarterly Volatility
0.15101429
 
Credit Downgrade
 
Yuan Drop
 
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 511.7 M, Interest Income of 78.9 M or Depreciation And Amortization of 161.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0097 or Days Sales Outstanding of 77.86. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Net Income Per E B T Growth Pattern

Below is the plot of the Net Income Per E B T of Otis Worldwide Corp over the last few years. It is Otis Worldwide's Net Income Per E B T 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.
Net Income Per E B T10 Years Trend
Slightly volatile
   Net Income Per E B T   
       Timeline  

Otis Net Income Per E B T Regression Statistics

Arithmetic Mean0.45
Geometric Mean0.43
Coefficient Of Variation33.29
Mean Deviation0.14
Median0.32
Standard Deviation0.15
Sample Variance0.02
Range0.3673
R-Value0.81
Mean Square Error0.01
R-Squared0.66
Significance0.0002
Slope0.03
Total Sum of Squares0.32

Otis Net Income Per E B T History

2024 0.46
2023 0.69
2022 0.66
2021 0.64
2019 0.6
2018 0.55

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Net Income Per E B T, 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
Net Income Per E B T 0.69  0.46 

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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.