Otis Worldwide Corporatio... (OTIS)
Otis Worldwide Corporation Statistics
Share Statistics
Otis Worldwide Corporation has 399.46M shares outstanding. The number of shares has increased by -1.48% in one year.
| Shares Outstanding | 399.46M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.27% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 399.02M |
| Failed to Deliver (FTD) Shares | 1.49K |
| FTD / Avg. Volume | 0.08% |
Short Selling Information
The latest short interest is 7.49M, so 1.88% of the outstanding shares have been sold short.
| Short Interest | 7.49M |
| Short % of Shares Out | 1.88% |
| Short % of Float | 1.88% |
| Short Ratio (days to cover) | 4.33 |
Valuation Ratios
The PE ratio is 26.18 and the forward PE ratio is 23.8. Otis Worldwide Corporation's PEG ratio is 0.68.
| PE Ratio | 26.18 |
| Forward PE | 23.8 |
| PS Ratio | 2.59 |
| Forward PS | 2.6 |
| PB Ratio | -7.48 |
| P/FCF Ratio | 24.72 |
| PEG Ratio | 0.68 |
Enterprise Valuation
Otis Worldwide Corporation has an Enterprise Value (EV) of 42.84B.
| EV / Earnings | 30.47 |
| EV / Sales | 3.02 |
| EV / EBITDA | 18.05 |
| EV / EBIT | 19.6 |
| EV / FCF | 28.77 |
Financial Position
The company has a current ratio of 0.99, with a Debt / Equity ratio of -1.48.
| Current Ratio | 0.99 |
| Quick Ratio | 0.89 |
| Debt / Equity | -1.48 |
| Total Debt / Capitalization | 306.63 |
| Cash Flow / Debt | 0.22 |
| Interest Coverage | 14.57 |
Financial Efficiency
Return on equity (ROE) is -0.29% and return on capital (ROIC) is 62.32%.
| Return on Equity (ROE) | -0.29% |
| Return on Assets (ROA) | 0.14% |
| Return on Capital (ROIC) | 62.32% |
| Revenue Per Employee | 200.13K |
| Profits Per Employee | 19.80K |
| Employee Count | 71.00K |
| Asset Turnover | 1.4 |
| Inventory Turnover | 16.37 |
Taxes
| Income Tax | 533.00M |
| Effective Tax Rate | 0.26 |
Stock Price Statistics
The stock price has increased by 9.43% in the last 52 weeks. The beta is 0.94, so Otis Worldwide Corporation's price volatility has been higher than the market average.
| Beta | 0.94 |
| 52-Week Price Change | 9.43% |
| 50-Day Moving Average | 96.79 |
| 200-Day Moving Average | 96.99 |
| Relative Strength Index (RSI) | 65.39 |
| Average Volume (20 Days) | 1.90M |
Income Statement
In the last 12 months, Otis Worldwide Corporation had revenue of 14.21B and earned 1.41B in profits. Earnings per share was 3.42.
| Revenue | 14.21B |
| Gross Profit | 4.19B |
| Operating Income | 2.19B |
| Net Income | 1.41B |
| EBITDA | 2.37B |
| EBIT | 2.19B |
| Earnings Per Share (EPS) | 3.42 |
Balance Sheet
The company has 1.27B in cash and 7.31B in debt, giving a net cash position of -6.03B.
| Cash & Cash Equivalents | 1.27B |
| Total Debt | 7.31B |
| Net Cash | -6.03B |
| Retained Earnings | -2.00B |
| Total Assets | 10.26B |
| Working Capital | -1.60B |
Cash Flow
In the last 12 months, operating cash flow was 1.63B and capital expenditures -138.00M, giving a free cash flow of 1.49B.
| Operating Cash Flow | 1.63B |
| Capital Expenditures | -138.00M |
| Free Cash Flow | 1.49B |
| FCF Per Share | 3.62 |
Margins
Gross margin is 29.51%, with operating and profit margins of 15.38% and 9.9%.
| Gross Margin | 29.51% |
| Operating Margin | 15.38% |
| Pretax Margin | 14.29% |
| Profit Margin | 9.9% |
| EBITDA Margin | 16.71% |
| EBIT Margin | 15.38% |
| FCF Margin | 10.48% |
Dividends & Yields
OTIS pays an annual dividend of $1.56, which amounts to a dividend yield of 1.61%.
| Dividend Per Share | $1.56 |
| Dividend Yield | 1.61% |
| Dividend Growth (YoY) | 14.71% |
| Payout Ratio | 38.81% |
| Earnings Yield | 3.5% |
| FCF Yield | 3.81% |
Analyst Forecast
The average price target for OTIS is $108, which is 10.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $108 |
| Price Target Difference | 10.5% |
| Analyst Consensus | Hold |
| Analyst Count | 8 |
Scores
| Altman Z-Score | 3.23 |
| Piotroski F-Score | 7 |