Otis Operating Margin from 2010 to 2024

OTIS Stock  USD 102.98  0.46  0.45%   
Otis Worldwide Operating Profit Margin yearly trend continues to be comparatively stable with very little volatility. Operating Profit Margin will likely drop to 0.11 in 2024.
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 Operating Margin Growth Pattern

Below is the plot of the Operating Profit Margin of Otis Worldwide Corp over the last few years. It is Otis Worldwide's Operating Profit Margin 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.
ViewLast Reported 0.17 %10 Years Trend
Slightly volatile
   Operating Profit Margin   
       Timeline  

Otis Operating Margin Regression Statistics

Arithmetic Mean0.15
Geometric Mean0.15
Coefficient Of Variation8.94
Mean Deviation0.01
Median0.16
Standard Deviation0.01
Sample Variance0.0002
Range0.0455
R-Value(0.63)
Mean Square Error0.0001
R-Squared0.40
Significance0.01
Slope(0)
Total Sum of Squares0

Otis Operating Margin History

2024 0.11
2021 0.15
2020 0.13
2018 0.14

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Operating Margin, 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.
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company was founded in 1853 and is headquartered in Farmington, Connecticut. Otis Worldwide operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 70000 people.

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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.