Otis Worldwide Corp

NYSE OTIS

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Otis Worldwide Corp Enterprise Value to EBITDA (EV/EBITDA) on June 03, 2024: 18.95

Otis Worldwide Corp Enterprise Value to EBITDA (EV/EBITDA) is 18.95 on June 03, 2024, a 2.99% change year over year. The EV/EBITDA ratio compares a company's enterprise value to its EBITDA. It provides insight into the company's valuation relative to its earnings and is commonly used in comparing the relative value of different companies within an industry. A lower ratio suggests a potentially more favorable valuation.

Otis Worldwide Corp 52-week high Enterprise Value to EBITDA (EV/EBITDA) is 19.49 on March 21, 2024, which is 2.82% above the current Enterprise Value to EBITDA (EV/EBITDA).
Otis Worldwide Corp 52-week low Enterprise Value to EBITDA (EV/EBITDA) is 15.68 on October 25, 2023, which is -17.29% below the current Enterprise Value to EBITDA (EV/EBITDA).
Otis Worldwide Corp average Enterprise Value to EBITDA (EV/EBITDA) for the last 52 weeks is 17.95.

NYSE: OTIS

Otis Worldwide Corp

CEO	Ms. Judith F. Marks
IPO Date	March 19, 2020
Location	United States
Headquarters	One Carrier Place, Farmington, CT, United States, 06032
Employees	71,000
Sector	Industrials
Industry	Specialty industrial machinery

Description

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of 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. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.

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