Discontinued — last reported Q4 '22
Business Segments · Business disposals
New Equipment — Business disposals
Otis Worldwide New Equipment — Business disposals remained flat by 0.0% to $6.50M in Q4 2022 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ4 2022
How to read this metric
A gain signals successful portfolio pruning, while frequent losses may indicate poor divestment strategy or asset impairment.
Detailed definition
Represents the net financial impact of divesting specific assets, product lines, or business units within the new equipm...
Peer comparison
Commonly reported as 'Gain/Loss on Sale of Business' or 'Discontinued Operations' in peer financial statements.
Metric ID:
otis_segment_new_equipment_business_disposalsHistorical Data
1 years
| FY'22 | |
|---|---|
| Value | $26.00M |
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Frequently Asked Questions
- What is Otis Worldwide's new equipment — business disposals?
- Otis Worldwide (OTIS) reported new equipment — business disposals of $6.50M in Q4 2022.
- What does new equipment — business disposals mean?
- The net financial gain or loss from selling off parts of the new equipment business.