Otis Worldwide Corporation

Otis Worldwide Corporationverified

OTIS

Price:

$96.79

Market Cap:

$39.13B

Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in...[Read more]

Industry

Industrial - Machinery

IPO Date

2020-03-19

Stock Exchange

NYSE

Ticker

OTIS

The ROE as of May 2024 (TTM) for Otis Worldwide Corporation (OTIS) is -29.16%

According to Otis Worldwide Corporation’s latest financial reports and current stock price. The company's current ROE is -29.16%. This represents a change of 299.62% compared to the average of -7.30% of the last 4 quarters.

Otis Worldwide Corporation (OTIS) Historical ROE (quarterly & annually)

How has OTIS ROE performed in the past?

The mean historical ROE of Otis Worldwide Corporation over the last ten years is 2.89%. The current -29.16% ROE has changed -1110.19% with respect to the historical average. Over the past ten years (40 quarters), OTIS's ROE was at its highest in in the December 2019 quarter at 12.82%. The ROE was at its lowest in in the September 2021 quarter at -8.59%.

Quarterly (TTM)
Annual

Average

2.89%

Median

-23.64%

Minimum

-34.37%

Maximum

66.86%

Otis Worldwide Corporation (OTIS) ROE by Quarter and Year

Discovering the peaks and valleys of Otis Worldwide Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual ROE = 66.86%

Minimum Annual Increase = -136.02%

Minimum Annual ROE = -34.37%

Quarterly (TTM)
Annual
YearROEChange
2023-28.55%10.98%
2022-25.73%-25.15%
2021-34.37%45.38%
2020-23.64%-136.02%
201965.65%-1.81%
201866.86%Infinity%

Otis Worldwide Corporation (OTIS) Average ROE

How has OTIS ROE performed in the past?

The current ROE of Otis Worldwide Corporation (OTIS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-29.55%

5-year avg

-9.33%

10-year avg

2.89%

Otis Worldwide Corporation (OTIS) ROE vs. Peers

How is OTIS’s ROE compared to its peers?

Otis Worldwide Corporation’s ROE is less than Parker-Hannifin Corporation (25.29%), less than Eaton Corporation plc (18.22%), less than Dover Corporation (29.57%), less than Illinois Tool Works Inc. (100.99%), less than Emerson Electric Co. (51.93%), less than Ingersoll Rand Inc. (8.49%), less than Graco Inc. (22.54%), less than Flowserve Corporation (12.25%), less than IDEX Corporation (16.71%), less than Pentair plc (20.01%), less than A. O. Smith Corporation (30.80%),

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