What is Otis Worldwide's service — business disposals?

Otis Worldwide (OTIS) reported service — business disposals of $750.00K in Q4 2022.

What does service — business disposals mean?

The financial impact from selling off parts of the service business.

Discontinued — last reported Q4 '22

Service — Business disposals

Otis Worldwide Service — Business disposals remained flat by 0.0% to $750.00K in Q4 2022 compared to the prior quarter.

Analysis

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityVolatile

First reportedQ1 2019

Last reportedQ4 2022

How to read this metric

An increase indicates active portfolio pruning or strategic exit from underperforming service markets, while zero values suggest a stable, focused business structure.

Detailed definition

Represents the net proceeds or accounting gains/losses recognized from the sale of business units, product lines, or sub...

Peer comparison

Commonly reported as 'Gain/Loss on Sale of Business' or 'Divestiture Proceeds' in segment notes for industrial peers.

Metric ID: otis_segment_service_business_disposals

Historical Data

1 years

	FY'22
Value	$3.00M

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Frequently Asked Questions

What is Otis Worldwide's service — business disposals?: Otis Worldwide (OTIS) reported service — business disposals of $750.00K in Q4 2022.
What does service — business disposals mean?: The financial impact from selling off parts of the service business.