Otis Gross Profit from 2010 to 2025

OTIS Stock  USD 96.74  0.89  0.91%   
Otis Worldwide Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2025. Gross Profit is the profit Otis Worldwide Corp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2019-03-31
Previous Quarter
1.1 B
Current Value
1.1 B
Quarterly Volatility
58.9 M
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 478.2 M, Net Interest Income of 32.5 M or Interest Income of 78.9 M, as well as many indicators such as Price To Sales Ratio of 1.71, Dividend Yield of 0.0103 or Days Sales Outstanding of 78.71. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Otis Worldwide Corp over the last few years. Gross profit is a required income statement account that reflects total revenue of Otis Worldwide Corp minus its cost of goods sold. It is profit before Otis Worldwide operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Otis Worldwide's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.28 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Otis Gross Profit Regression Statistics

Arithmetic Mean3,865,903,125
Geometric Mean3,859,352,006
Coefficient Of Variation6.13
Mean Deviation197,241,797
Median3,726,000,000
Standard Deviation236,995,957
Sample Variance56167.1T
Range642.5M
R-Value0.84
Mean Square Error17719.9T
R-Squared0.71
Significance0.000047
Slope41,812,868
Total Sum of Squares842506.3T

Otis Gross Profit History

20254.3 B
20244.3 B
20223.9 B
20214.2 B
20203.8 B
20193.8 B
20183.7 B

Other Fundumenentals of Otis Worldwide Corp

Otis Worldwide Gross Profit component correlations

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-0.821.0-0.93-0.930.68-0.98-0.81-0.780.940.99-0.4-0.96-0.99-0.72-0.710.990.21-0.74-0.84-0.80.840.810.48
-0.811.0-0.91-0.920.62-0.99-0.8-0.730.920.99-0.39-0.95-0.99-0.7-0.670.990.19-0.68-0.81-0.780.790.770.42
0.7-0.93-0.910.92-0.750.910.730.73-0.94-0.880.30.890.920.670.68-0.87-0.280.840.870.81-0.87-0.92-0.53
0.77-0.93-0.920.92-0.730.90.760.71-0.99-0.910.530.870.920.680.64-0.88-0.20.730.820.77-0.8-0.8-0.46
-0.580.680.62-0.75-0.73-0.59-0.56-0.770.760.61-0.42-0.76-0.6-0.5-0.760.590.27-0.84-0.77-0.720.90.820.86
0.86-0.98-0.990.910.9-0.590.870.73-0.92-0.980.450.931.00.80.66-0.98-0.090.720.850.83-0.81-0.73-0.41
0.98-0.81-0.80.730.76-0.560.870.66-0.79-0.840.660.810.850.980.6-0.830.320.780.90.94-0.83-0.47-0.51
0.69-0.78-0.730.730.71-0.770.730.66-0.75-0.740.310.730.710.630.99-0.74-0.40.80.630.67-0.79-0.69-0.82
-0.80.940.92-0.94-0.990.76-0.92-0.79-0.750.91-0.56-0.88-0.93-0.72-0.680.890.2-0.78-0.85-0.810.850.820.51
-0.850.990.99-0.88-0.910.61-0.98-0.84-0.740.91-0.45-0.95-0.98-0.74-0.681.00.13-0.69-0.82-0.790.80.720.43
0.73-0.4-0.390.30.53-0.420.450.660.31-0.56-0.450.410.450.650.22-0.410.470.390.540.59-0.48-0.11-0.27
0.82-0.96-0.950.890.87-0.760.930.810.73-0.88-0.950.410.930.710.68-0.95-0.110.780.90.85-0.9-0.8-0.58
0.85-0.99-0.990.920.92-0.61.00.850.71-0.93-0.980.450.930.780.64-0.98-0.110.710.850.83-0.81-0.75-0.39
0.95-0.72-0.70.670.68-0.50.80.980.63-0.72-0.740.650.710.780.58-0.740.370.770.850.93-0.79-0.39-0.49
0.61-0.71-0.670.680.64-0.760.660.60.99-0.68-0.680.220.680.640.58-0.67-0.440.790.580.62-0.77-0.67-0.85
-0.850.990.99-0.87-0.880.59-0.98-0.83-0.740.891.0-0.41-0.95-0.98-0.74-0.670.13-0.68-0.81-0.790.790.720.43
0.290.210.19-0.28-0.20.27-0.090.32-0.40.20.130.47-0.11-0.110.37-0.440.13-0.070.160.230.040.530.21
0.75-0.74-0.680.840.73-0.840.720.780.8-0.78-0.690.390.780.710.770.79-0.68-0.070.890.87-0.94-0.74-0.84
0.86-0.84-0.810.870.82-0.770.850.90.63-0.85-0.820.540.90.850.850.58-0.810.160.890.97-0.95-0.73-0.61
0.9-0.8-0.780.810.77-0.720.830.940.67-0.81-0.790.590.850.830.930.62-0.790.230.870.97-0.94-0.64-0.61
-0.810.840.79-0.87-0.80.9-0.81-0.83-0.790.850.8-0.48-0.9-0.81-0.79-0.770.790.04-0.94-0.95-0.940.80.78
-0.440.810.77-0.92-0.80.82-0.73-0.47-0.690.820.72-0.11-0.8-0.75-0.39-0.670.720.53-0.74-0.73-0.640.80.56
-0.530.480.42-0.53-0.460.86-0.41-0.51-0.820.510.43-0.27-0.58-0.39-0.49-0.850.430.21-0.84-0.61-0.610.780.56
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About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit4.3 B4.3 B
Gross Profit Margin 0.30  0.23 

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Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.