Otis Pretax Profit Margin from 2010 to 2025

OTIS Stock  USD 102.69  1.29  1.27%   
Otis Worldwide Pretax Profit Margin yearly trend continues to be comparatively stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2025. From the period from 2010 to 2025, Otis Worldwide Pretax Profit Margin quarterly data regression had r-value of (0.66) and coefficient of variation of  7.92. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.14297735
Current Value
0.15
Quarterly Volatility
0.01181685
 
Credit Downgrade
 
Yuan Drop
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Otis Worldwide Corp over the last few years. It is Otis Worldwide's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Otis Pretax Profit Margin Regression Statistics

Arithmetic Mean0.15
Geometric Mean0.15
Coefficient Of Variation7.92
Mean Deviation0.01
Median0.16
Standard Deviation0.01
Sample Variance0.0001
Range0.0404
R-Value(0.66)
Mean Square Error0.000084
R-Squared0.44
Significance0.01
Slope(0)
Total Sum of Squares0

Otis Pretax Profit Margin History

2020 0.12
2019 0.14
2018 0.15

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Pretax Profit Margin, 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
Pretax Profit Margin 0.14  0.15 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.