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Otis Worldwide (Otis Worldwide) Capex-to-Operating-Income : 0.06 (As of Mar. 2024)


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What is Otis Worldwide Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Otis Worldwide's Capital Expenditure for the three months ended in Mar. 2024 was $-31.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $544.00 Mil.

Hence, Otis Worldwide's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.06.


Otis Worldwide Capex-to-Operating-Income Historical Data

The historical data trend for Otis Worldwide's Capex-to-Operating-Income 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 Capex-to-Operating-Income Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 0.08 0.11 0.07 0.06 0.06

Otis Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income 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 0.05 0.06 0.06 0.08 0.06

Competitive Comparison of Otis Worldwide's Capex-to-Operating-Income

For the Specialty Industrial Machinery subindustry, Otis Worldwide's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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 Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Otis Worldwide's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's Capex-to-Operating-Income falls into.



Otis Worldwide Capex-to-Operating-Income Calculation

Otis Worldwide's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-138) / 2186
=0.06

Otis Worldwide's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-31) / 544
=0.06

* 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  (NYSE:OTIS) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Otis Worldwide Capex-to-Operating-Income Related Terms

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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

Otis Worldwide (Otis Worldwide) Headlines