Last 7 days
-0.9%
Last 30 days
-2.4%
Last 90 days
-6.3%
Trailing 12 Months
21.2%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-02 | Luersman Abbe | acquired | - | - | 1,200 | evp & cpo |
2023-08-02 | Luersman Abbe | sold (taxes) | -32,538 | 89.39 | -364 | evp & cpo |
2023-07-28 | Calleja Fernandez Bernardo | acquired | 3,058,120 | 64.4642 | 47,439 | president, otis emea |
2023-07-28 | Calleja Fernandez Bernardo | sold | -362,060 | 90.6965 | -3,992 | president, otis emea |
2023-07-28 | Ryan Michael Patrick | sold | -576,676 | 90.5015 | -6,372 | vp, cao & controller |
2023-07-28 | Calleja Fernandez Bernardo | sold (taxes) | -3,058,000 | 90.46 | -33,805 | president, otis emea |
2023-07-01 | Calleja Fernandez Bernardo | acquired | - | - | 15,385 | president, otis emea |
2023-07-01 | Calleja Fernandez Bernardo | sold (taxes) | -457,956 | 89.01 | -5,145 | president, otis emea |
2023-06-01 | de Montlivault Stephane | acquired | - | - | 20,599 | president, otis asia pac |
2023-06-01 | Ryan Michael Patrick | sold (taxes) | -320,090 | 81.51 | -3,927 | vp, cao & controller |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-13 | CGC Financial Services, LLC | new | - | 9,791 | 9,791 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | added | 10.3 | 5,083 | 36,227 | 0.01% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 19,316 | 372,952 | 0.11% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 260,443 | 260,443 | 0.01% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 24.00 | 446 | -% |
2023-08-29 | EFG Asset Management (Americas) Corp. | reduced | -4.74 | 32,986 | 7,181,520 | 1.66% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 972 | 20,483 | -% |
2023-08-25 | Brown Shipley& Co Ltd | added | 13.04 | 494,765 | 3,070,400 | 1.26% |
2023-08-24 | Alberta Investment Management Corp | added | 174 | 4,407,630 | 6,736,990 | 0.06% |
2023-08-23 | HEADINVEST, LLC | reduced | -11.91 | -47,342 | 492,818 | 0.11% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 9.53% | 39,713,309 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.6% | 35,961,868 | SC 13G/A | |
Feb 10, 2022 | state street corp | 4.00% | 16,998,926 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 8.7% | 37,081,287 | SC 13G/A | |
Feb 24, 2021 | state street corp | 7.76% | 33,601,023 | SC 13G/A | |
Feb 12, 2021 | state street corp | 7.76% | 33,601,023 | SC 13G | |
Feb 10, 2021 | vanguard group inc | 8.65% | 37,456,285 | SC 13G | |
Feb 02, 2021 | blackrock inc. | 7.4% | 32,225,210 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 16, 2023 | 8-K | Current Report | |
Aug 16, 2023 | 424B2 | Prospectus Filed | |
Aug 14, 2023 | FWP | Prospectus Filed | |
Aug 14, 2023 | 424B2 | Prospectus Filed | |
Aug 03, 2023 | 4 | Insider Trading | |
Jul 28, 2023 | 4 | Insider Trading | |
Jul 28, 2023 | 4 | Insider Trading | |
Jul 28, 2023 | 144 | Notice of Insider Sale Intent | |
Jul 28, 2023 | 144 | Notice of Insider Sale Intent | |
Jul 27, 2023 | 10-Q | Quarterly Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 139.5B | 64.8B | 0.68% | 59.26% | 16.69 | 2.15 | 19.88% | 23.71% |
ITW | 70.2B | 16.1B | -1.64% | 21.28% | 22.63 | 4.37 | 5.86% | 17.15% |
PH | 41.8B | 19.1B | -4.14% | 48.23% | 33.16 | 2.43 | 20.20% | 58.33% |
OTIS | 33.4B | 13.8B | -2.44% | 21.19% | 25.15 | 2.41 | -1.72% | 6.75% |
NDSN | 12.7B | 2.6B | -5.08% | 2.20% | 25.45 | 4.92 | 3.47% | 3.87% |
MID-CAP | ||||||||
WWD | 7.4B | 2.8B | -1.15% | 42.57% | 36.49 | 2.68 | 20.08% | 21.60% |
MIDD | 7.1B | 4.1B | -5.50% | -0.97% | 15.57 | 1.73 | 10.28% | -5.05% |
AQUA | 6.1B | 1.9B | 0.46% | 36.55% | 77.42 | 3.28 | 16.94% | 47.44% |
FELE | 4.1B | 2.1B | -4.82% | 6.44% | 21.26 | 1.98 | 10.59% | 10.76% |
AIMC | 4.0B | 1.9B | 0.68% | 55.46% | 31.86 | 2.08 | 2.41% | 358.48% |
ALG | 2.0B | 1.6B | 0.68% | 37.32% | 16.37 | 1.27 | 12.15% | 49.02% |
SMALL-CAP | ||||||||
SXI | 1.7B | 741.0M | -8.79% | 72.10% | 12.08 | 2.27 | 0.78% | 126.40% |
EPAC | 1.5B | 589.4M | 2.81% | 55.22% | 43.73 | 2.55 | 4.36% | 214.75% |
TNC | 1.4B | 1.2B | -6.99% | 23.27% | 14.5 | 1.17 | 8.71% | 68.74% |
TAYD | 82.2M | 40.2M | -8.32% | 98.86% | 13.07 | 2.04 | 30.24% | 180.76% |
11.9%
40.2%
0%
0%
Y-axis is the maximum loss one would have experienced if Otis Worldwide was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.7% | 13,849 | 13,617 | 13,685 | 13,815 | 14,091 | 14,304 | 14,298 | 14,222 | 13,870 | 13,198 | 12,756 | 12,616 | 12,661 | 12,983 | 13,118 | 13,020 | 12,904 | 12,404 | 12,915 |
S&GA Expenses | 2.3% | 1,799 | 1,759 | 1,763 | 1,818 | 1,880 | 1,925 | 1,948 | 1,982 | 1,984 | 1,941 | 1,924 | 1,868 | 1,831 | 1,834 | 1,810 | 1,772 | 1,770 | 1,764 | 1,735 |
R&D Expenses | -1.4% | 146 | 148 | 150 | 158 | 160 | 161 | 159 | 153 | 151 | 149 | 152 | 157 | 159 | 162 | 163 | 157 | 158 | 156 | 181 |
EBITDA | -100.0% | - | 1,930 | 1,936 | 1,925 | 1,943 | 2,034 | 2,028 | 1,985 | 1,883 | 1,709 | 1,580 | 1,657 | 1,789 | 1,951 | 2,055 | 2,092 | 2,030 | 1,884 | 2,097 |
EBITDA Margin | -100.0% | - | 0.14* | 0.14* | 0.14* | 0.14* | 0.14* | 0.14* | 0.14* | 0.14* | 0.13* | 0.12* | 0.13* | 0.14* | 0.15* | 0.16* | 0.16* | 0.16* | 0.15* | 0.16* |
Interest Expenses | -1.4% | -141 | -139 | -143 | -151 | -149 | -141 | -136 | -129 | -135 | -149 | -122 | -79.00 | -34.00 | 10.00 | 14.00 | 13.00 | 8.00 | 4.00 | 14.00 |
Earnings Before Taxes | 4.8% | 1,970 | 1,879 | 1,888 | 1,880 | 1,894 | 1,975 | 1,961 | 1,911 | 1,817 | 1,659 | 1,511 | 1,551 | 1,642 | 1,763 | 1,861 | 1,899 | 1,840 | 1,700 | 1,893 |
EBT Margin | -100.0% | - | 0.14* | 0.14* | 0.14* | 0.13* | 0.14* | 0.14* | 0.13* | 0.13* | 0.13* | 0.12* | 0.12* | 0.13* | 0.14* | 0.14* | 0.15* | 0.14* | 0.14* | 0.15* |
Net Income | 4.3% | 1,328 | 1,273 | 1,253 | 1,237 | 1,244 | 1,249 | 1,246 | 1,216 | 1,151 | 1,049 | 906 | 873 | 924 | 1,008 | 1,116 | 1,197 | 1,162 | 1,092 | 1,049 |
Net Income Margin | -100.0% | - | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.09* | 0.08* | 0.08* | 0.07* | 0.07* | 0.07* | 0.08* | 0.09* | 0.09* | 0.09* | 0.09* | 0.08* |
Free Cashflow | -100.0% | - | 1,334 | 1,560 | 1,373 | 1,489 | 1,669 | 1,750 | 1,782 | 1,775 | 1,906 | 1,480 | 1,625 | 1,641 | 1,331 | 1,469 | 1,353 | 1,302 | 1,188 | 1,550 |
Balance Sheet | (In Millions) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Assets | 2.9% | 10,135 | 9,845 | 9,819 | 9,342 | 9,913 | 11,795 | 12,279 | 10,472 | 10,857 | 10,505 | 10,710 | 10,473 | 10,441 | 9,524 | 9,687 |
Current Assets | 4.3% | 6,417 | 6,153 | 6,143 | 5,829 | 6,150 | 7,844 | 8,261 | 6,375 | 6,681 | 6,346 | 6,493 | 6,271 | 6,392 | 5,514 | 5,658 |
Cash Equivalents | 9.1% | 1,219 | 1,117 | 1,189 | 1,034 | 1,218 | 1,235 | 3,477 | 1,553 | 1,923 | 1,725 | 1,782 | 1,733 | 1,912 | 1,207 | 1,459 |
Inventory | -0.3% | 640 | 642 | 617 | 603 | 596 | 626 | 622 | 628 | 673 | 686 | 659 | 667 | 629 | 599 | 571 |
Net PPE | -0.6% | 715 | 719 | 719 | 692 | 724 | 757 | 774 | 775 | 781 | 765 | 774 | 721 | 704 | 688 | 721 |
Goodwill | 0.6% | 1,579 | 1,570 | 1,567 | 1,448 | 1,550 | 1,636 | 1,667 | 1,702 | 1,742 | 1,727 | 1,773 | 1,700 | 1,639 | 1,608 | 1,647 |
Liabilities | 1.9% | 14,760 | 14,483 | 14,483 | 14,075 | 14,665 | 15,145 | 15,263 | 13,705 | 14,111 | 13,791 | 13,911 | 13,856 | 14,017 | 13,713 | 7,361 |
Current Liabilities | 4.9% | 7,158 | 6,823 | 6,843 | 5,992 | 6,338 | 6,651 | 6,247 | 6,363 | 6,716 | 6,395 | 6,673 | 6,291 | 5,762 | 5,355 | 5,374 |
Short Term Borrowings | - | - | - | - | 103 | 81.00 | 51.00 | 24.00 | 38.00 | 343 | 341 | 701 | 538 | 33.00 | 67.00 | 34.00 |
LT Debt, Non Current | 0.0% | 6,117 | 6,116 | 6,098 | 6,459 | 6,602 | 6,694 | 7,249 | 5,458 | 5,457 | 5,457 | 5,262 | 5,512 | 6,260 | - | 5.00 |
Shareholder's Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,128 |
Retained Earnings | 8.8% | -2,419 | -2,653 | -2,865 | -3,042 | -3,245 | -3,529 | -2,256 | -2,404 | -2,633 | -2,855 | -3,106 | -3,241 | -3,418 | - | - |
Accumulated Depreciation | 1.9% | 1,205 | 1,183 | 1,151 | 1,079 | 1,141 | 1,144 | 1,156 | 1,173 | 1,163 | 1,127 | 1,197 | 1,154 | 1,124 | 1,088 | 1,082 |
Shares Outstanding | -0.4% | 413 | 414 | - | 419 | 421 | 424 | - | 426 | 428 | 432 | 433 | 433 | 433 | 433 | - |
Minority Interest | 12.2% | 101 | 90.00 | 71.00 | 52.00 | 109 | 107 | 481 | 559 | 539 | 559 | 467 | 543 | 570 | 537 | 531 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 7.0% | 1,427 | 1,334 | 1,560 | 1,373 | 1,489 | 1,669 | 1,750 | 1,782 | 1,775 | 1,906 | 1,480 | 1,625 | 1,641 | 1,331 | 1,469 | 1,353 | 1,302 | 1,188 | 1,550 |
Share Based Compensation | 5.8% | 73.00 | 69.00 | 67.00 | 58.00 | 62.00 | 64.00 | 65.00 | 67.00 | 67.00 | 66.00 | 63.00 | 52.00 | 48.00 | 41.00 | 37.00 | 39.00 | 32.00 | 28.00 | 38.00 |
Cashflow From Investing | -208.1% | -114 | -37.00 | -33.00 | 42.00 | -32.00 | -56.00 | -89.00 | -133 | -278 | -311 | -353 | -342 | -253 | -277 | -203 | -200 | -184 | -72.00 | -201 |
Cashflow From Financing | 59.0% | -1,300 | -3,170 | -3,652 | -1,723 | -1,963 | -191 | 58.00 | -1,876 | -1,580 | -1,162 | -844 | -1,028 | -960 | -1,077 | -1,133 | -925 | -706 | -1,248 | -1,497 |
Dividend Payments | 3.9% | 502 | 483 | 465 | 447 | 428 | 408 | 393 | 378 | 362 | 347 | 260 | 173 | 87.00 | - | - | - | - | - | - |
Buy Backs | -2.8% | 802 | 825 | 850 | 700 | 619 | 625 | 725 | 725 | 506 | 300 | - | - | - | - | - | - | - | - | - |
Condensed Consolidated Statements of Operations - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Net sales: | ||||
Revenues | $ 3,720 | $ 3,488 | $ 7,066 | $ 6,902 |
Costs and expenses: | ||||
Research and development | 36 | 38 | 71 | 75 |
Selling, general and administrative | 479 | 439 | 934 | 898 |
Costs and expenses | 3,152 | 2,982 | 5,992 | 5,886 |
Other income (expense), net | 12 | (19) | 19 | (3) |
Operating profit | 580 | 487 | 1,093 | 1,013 |
Non-service pension cost (benefit) | 1 | 1 | 1 | 1 |
Interest expense (income), net | 37 | 35 | 70 | 72 |
Net income before income taxes | 542 | 451 | 1,022 | 940 |
Income tax expense | 135 | 103 | 263 | 239 |
Net income | 407 | 348 | 759 | 701 |
Less: Noncontrolling interest in subsidiaries' earnings | 31 | 27 | 52 | 69 |
Net income attributable to Otis Worldwide Corporation | $ 376 | $ 321 | $ 707 | $ 632 |
Earnings per share (Note 2): | ||||
Basic (in usd per share) | $ 0.91 | $ 0.76 | $ 1.71 | $ 1.49 |
Diluted (in usd per share) | $ 0.90 | $ 0.76 | $ 1.70 | $ 1.48 |
Weighted average number of shares outstanding: | ||||
Basic shares (in shares) | 412,700,000 | 421,400,000 | 413,500,000 | 422,800,000 |
Diluted shares (in shares) | 416,000,000.0 | 424,200,000 | 416,900,000 | 425,900,000 |
Product sales | ||||
Net sales: | ||||
Revenues | $ 1,604 | $ 1,534 | $ 2,911 | $ 2,956 |
Costs and expenses: | ||||
Cost of products and services sold | 1,328 | 1,291 | 2,426 | 2,481 |
Service sales | ||||
Net sales: | ||||
Revenues | 2,116 | 1,954 | 4,155 | 3,946 |
Costs and expenses: | ||||
Cost of products and services sold | $ 1,309 | $ 1,214 | $ 2,561 | $ 2,432 |
Condensed Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 1,219 | $ 1,189 |
Accounts receivable (net of allowance for expected credit losses of $143 and $152) | 3,497 | 3,357 |
Contract assets | 735 | 664 |
Inventories | 640 | 617 |
Other current assets | 326 | 316 |
Total Current Assets | 6,417 | 6,143 |
Future income tax benefits | 284 | 285 |
Fixed assets (net of accumulated depreciation of $1,205 and $1,151) | 715 | 719 |
Operating lease right-of-use assets | 438 | 449 |
Intangible assets, net | 355 | 369 |
Goodwill | 1,579 | 1,567 |
Other assets | 347 | 287 |
Total Assets | 10,135 | 9,819 |
Liabilities and Equity (Deficit) | ||
Short-term borrowings and current portion of long-term debt | 746 | 670 |
Accounts payable | 1,744 | 1,717 |
Accrued liabilities | 1,779 | 1,794 |
Contract liabilities | 2,889 | 2,662 |
Total Current Liabilities | 7,158 | 6,843 |
Long-term debt | 6,117 | 6,098 |
Future pension and postretirement benefit obligations | 398 | 392 |
Operating lease liabilities | 308 | 315 |
Future income tax obligations | 278 | 279 |
Other long-term liabilities | 501 | 556 |
Total Liabilities | 14,760 | 14,483 |
Commitments and contingent liabilities (Note 16) | ||
Redeemable noncontrolling interest | 126 | 135 |
Shareholders' Equity (Deficit): | ||
Common Stock and additional paid-in capital | 183 | 162 |
Treasury Stock | (1,927) | (1,575) |
Accumulated deficit | (2,419) | (2,865) |
Accumulated other comprehensive income (loss) | (689) | (592) |
Total Shareholders' Equity (Deficit) | (4,852) | (4,870) |
Noncontrolling interest | 101 | 71 |
Total Equity (Deficit) | (4,751) | (4,799) |
Total Liabilities and Equity (Deficit) | $ 10,135 | $ 9,819 |