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Otis Worldwide (Otis Worldwide) FCF Margin % : 4.07% (As of Mar. 2024)


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What is Otis Worldwide FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Otis Worldwide's Free Cash Flow for the three months ended in Mar. 2024 was $140 Mil. Otis Worldwide's Revenue for the three months ended in Mar. 2024 was $3,437 Mil. Therefore, Otis Worldwide's FCF Margin % for the quarter that ended in Mar. 2024 was 4.07%.

As of today, Otis Worldwide's current FCF Yield % is 3.69%.

The historical rank and industry rank for Otis Worldwide's FCF Margin % or its related term are showing as below:

OTIS' s FCF Margin % Range Over the Past 10 Years
Min: 9.62   Med: 10.56   Max: 11.15
Current: 9.62


During the past 7 years, the highest FCF Margin % of Otis Worldwide was 11.15%. The lowest was 9.62%. And the median was 10.56%.

OTIS's FCF Margin % is ranked better than
77.94% of 2983 companies
in the Industrial Products industry
Industry Median: 1.4 vs OTIS: 9.62


Otis Worldwide FCF Margin % Historical Data

The historical data trend for Otis Worldwide's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Otis Worldwide FCF Margin % Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Margin %
Get a 7-Day Free Trial 10.09 10.17 11.15 10.56 10.48

Otis Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.56 10.99 7.72 15.33 4.07

Competitive Comparison of Otis Worldwide's FCF Margin %

For the Specialty Industrial Machinery subindustry, Otis Worldwide's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Otis Worldwide's FCF Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Otis Worldwide's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's FCF Margin % falls into.



Otis Worldwide FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Otis Worldwide's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1489/14209
=10.48 %

Otis Worldwide's FCF Margin for the quarter that ended in Mar. 2024 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=140/3437
=4.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Otis Worldwide FCF Margin % Related Terms

Thank you for viewing the detailed overview of Otis Worldwide's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Otis Worldwide (Otis Worldwide) Business Description

Traded in Other Exchanges
Address
One Carrier Place, Farmington, CT, USA, 06032
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
Executives
Thomas A Bartlett director 116 HUNTINGTON AVENUE, BOSTON MA 02116
Jill Brannon director 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Tracy A Embree officer: President, Otis Americas 500 JACKSON STREET, COLUMBUS IN 47201
Viseras Enrique Minarro officer: President, Otis EMEA C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Fernandez Bernardo Calleja officer: President, Otis EMEA 1 CARRIER PLACE, FARMINGTON CT 06032
Michael Patrick Ryan officer: VP, CAO and Controller 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Sally Loh officer: President, Otis China 1 CARRIER PLACE, FARMINGTON CT 06032
James F. Cramer officer: President, Otis Americas 1 CARRIER PLACE, FARMINGTON CT 06032
Nora E. Lafreniere officer: EVP, Chief GC & Corp. Sec. ONE CARRIER PLACE, FARMINGTON CT 06032
Montlivault Stephane De officer: President, Otis Asia Pacific ONE CARRIER PLACE, FARMINGTON CT 06032
Peiming Zheng officer: President, Otis China ONE CARRIER PLACE, FARMINGTON CT 06032
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Anurag Maheshwari officer: EVP and CFO 1 CARRIER PLACE, FARMINGTON CT 06032
Rahul Ghai officer: EVP & Chief Financial Officer GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Abbe Luersman officer: EVP & CPO 1 CARRIER PLACE, FARMINGTON CT 06032