Otis Total Operating Expenses from 2010 to 2026

OTIS Stock  USD 88.42  1.47  1.64%   
Otis Worldwide Total Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Total Operating Expenses will likely drop to about 2.2 B in 2026. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2019-03-31
Previous Quarter
519 M
Current Value
547 M
Quarterly Volatility
53.9 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 Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Otis Worldwide Corp over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Otis Worldwide's Total Operating Expenses 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.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Otis Total Operating Expenses Regression Statistics

Arithmetic Mean1,939,197,059
Geometric Mean1,928,842,320
Coefficient Of Variation11.26
Mean Deviation159,689,965
Median1,864,000,000
Standard Deviation218,320,774
Sample Variance47664T
Range794.4M
R-Value0.78
Mean Square Error19982.9T
R-Squared0.61
Significance0.0002
Slope33,682,475
Total Sum of Squares762623.4T

Otis Total Operating Expenses History

20262.2 B
20252.6 B
20242.2 B
2023B
20221.9 B
2021B
20201.9 B

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Total Operating Expenses, 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
Total Operating Expenses2.6 B2.2 B

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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.