Otis Free Cash Flow from 2010 to 2024

OTIS Stock  USD 96.34  0.15  0.16%   
Otis Worldwide Free Cash Flow yearly trend continues to be comparatively stable with very little volatility. Free Cash Flow is likely to outpace its year average in 2024. Free Cash Flow is the amount of cash Otis Worldwide Corp generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2019-03-31
Previous Quarter
284 M
Current Value
362 M
Quarterly Volatility
130.7 M
 
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 511.7 M, Interest Income of 78.9 M or Depreciation And Amortization of 161.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0097 or Days Sales Outstanding of 77.86. 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 Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Otis Worldwide Corp over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Otis Worldwide's Free Cash Flow 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.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Otis Free Cash Flow Regression Statistics

Arithmetic Mean1,373,994,286
Geometric Mean1,370,982,883
Coefficient Of Variation7.04
Mean Deviation77,725,714
Median1,317,000,000
Standard Deviation96,733,193
Sample Variance9357.3T
Range297M
R-Value0.73
Mean Square Error4747.8T
R-Squared0.53
Significance0
Slope15,730,000
Total Sum of Squares131002.3T

Otis Free Cash Flow History

20241.5 B
20231.5 B
20221.4 B
20211.6 B
20201.3 B
20191.3 B
20181.4 B

Other Fundumenentals of Otis Worldwide Corp

Otis Worldwide Free Cash Flow component correlations

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Free Cash Flow, 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
Free Cash Flow1.5 B1.5 B
Free Cash Flow Yield 0.04  0.06 
Free Cash Flow Per Share 3.62  2.63 
EV To Free Cash Flow 28.77  17.14 
Price To Free Cash Flows Ratio 24.72  15.70 
Free Cash Flow Operating Cash Flow Ratio 0.92  0.72 

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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.