Otis Worldwide Corporation

Otis Worldwide Corporationverified

OTIS

Price:

$93.48

Market Cap:

$37.80B

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 July 2024 (TTM) for Otis Worldwide Corporation (OTIS) is -29.66%

According to Otis Worldwide Corporation’s latest financial reports and current stock price. The company's current ROE is -29.66%. This represents a change of 300.00% compared to the average of -7.42% 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 -29.66% ROE has changed -1127.60% 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 (29.33%), 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. (21.74%), less than Flowserve Corporation (12.25%), less than IDEX Corporation (16.71%), less than Pentair plc (20.26%), less than A. O. Smith Corporation (30.66%),

Build a custom stock screener for Otis Worldwide Corporation (OTIS) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Otis Worldwide Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Otis Worldwide Corporation (OTIS) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Otis Worldwide Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Otis Worldwide Corporation's ROE?

How is the ROE calculated for Otis Worldwide Corporation (OTIS)?

What is the highest ROE for Otis Worldwide Corporation (OTIS)?

What is the 3-year average ROE for Otis Worldwide Corporation (OTIS)?

What is the 5-year average ROE for Otis Worldwide Corporation (OTIS)?

How does the current ROE for Otis Worldwide Corporation (OTIS) compare to its historical average?