MARKET COMPOSITE
OTIS - Otis Worldwide Corp8:00:02 PM 4/23/2024
Price
$97.47
+ 1.18 (1.23%)
Otis Worldwide Corporation is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S, Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, moving walkways, and escalators. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism to lock the elevator car in place should the hoisting ropes fail.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue3.6B+3%
Operating Income522MM-9%
Operating Expenses3.1B-
Net Income323MM-14%
R&D37MM+3%
G&A498MM+10%
Amortization16MM-6%
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