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Otis Worldwide OTIS Q4 2024 Annual earnings

Reported January 29, 2025 · Before market open

Revenue estimate$3.6B
EPS estimate$0.95

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$3.8B
EPS estimate$1.01

Financials

Q4 2024

Income statement

See full
Revenue$3.7B+1.5%
Operating income$531.0M+1.7%
Net income$337.0M+4.3%
EPS (diluted)$0.84+6.3%

Balance sheet

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Cash & equivalents$2.3B+81.3%
Total debt$7.4B+1.8%
Total equity-$4.8B+1.5%
Total assets$11.3B+11.9%

Cash flow

See full
Operating cash flow$690.0M+15.6%
CapEx$39.0M-7.1%
Free cash flow$651.0M+17.3%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$36.99B+1.3%
Enterprise value$42.12B-1.0%
P/E22.5×-3.5×
P/S2.6×0.0×

Profitability

See full
Operating margin14.1%-1.3pp
Net margin11.5%+1.6pp
FCF margin10.1%-0.4pp

Returns & leverage

See full
Current ratio0.0×

Segments

By segment

See full
Service$2.3B+7.6%
New Equipment$1.4B-7.4%

By product

See full
Service sales$2.3B+7.6%

Versus estimates

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Questions, answered.

When did Otis Worldwide report Q4 2024 earnings?
Otis Worldwide (OTIS) reported Q4 2024 earnings on January 29, 2025 before market open.
What were Otis Worldwide's Q4 2024 revenue and EPS?
Otis Worldwide reported revenue of $3.7B and diluted EPS of $0.93 for Q4 2024.
Did Otis Worldwide beat estimates in Q4 2024?
Revenue beat the consensus estimate of $3.6B by $33.4M. EPS missed the consensus estimate of $0.95 by $0.02.
Where can I find Otis Worldwide's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001781335-25-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.