Otis Worldwide Corporation

NYSE OTIS

Otis Worldwide Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2024: USD -129.00 M

Otis Worldwide Corporation Capital Expenditure is USD -129.00 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 0.77% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).
  • Otis Worldwide Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -130.00 M, a -6.56% change year over year.
  • Otis Worldwide Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2022 was USD -122.00 M, a 34.41% change year over year.
  • Otis Worldwide Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -186.00 M, a -16.98% change year over year.
  • Otis Worldwide Corporation Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2020 was USD -159.00 M.
Key data
Date Capital Expenditure Free Cash Flow Depreciation And Amortization Deferred Income Tax
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NYSE: OTIS

Otis Worldwide Corporation

CEO Ms. Judith F. Marks
IPO Date March 19, 2020
Location United States
Headquarters One Carrier Place
Employees 71,000
Sector Industrials
Industries
Description

Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.

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StockViz Staff

January 16, 2025

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