Otis Worldwide Corp Stock EBITDA

OTIS Stock  USD 102.52  0.55  0.54%   
Otis Worldwide Corp fundamentals help investors to digest information that contributes to Otis Worldwide's financial success or failures. It also enables traders to predict the movement of Otis Stock. The fundamental analysis module provides a way to measure Otis Worldwide's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Otis Worldwide stock.
Last ReportedProjected for Next Year
EBITDA2.2 B2.3 B
EBITDA is likely to gain to about 2.3 B in 2024.
  
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Otis Worldwide Corp Company EBITDA Analysis

Otis Worldwide's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Otis Worldwide EBITDA

    
  2.19 B  
Most of Otis Worldwide's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Otis Worldwide Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Otis EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Otis Worldwide is extremely important. It helps to project a fair market value of Otis Stock properly, considering its historical fundamentals such as EBITDA. Since Otis Worldwide's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Otis Worldwide's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Otis Worldwide's interrelated accounts and indicators.
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Otis EBITDA Historical Pattern

Today, most investors in Otis Worldwide Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Otis Worldwide's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Otis Worldwide ebitda as a starting point in their analysis.
   Otis Worldwide EBITDA   
       Timeline  
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Otis Ebitda

Ebitda

2.33 Billion

At this time, Otis Worldwide's EBITDA is comparatively stable compared to the past year.
According to the company disclosure, Otis Worldwide Corp reported earnings before interest,tax, depreciation and amortization of 2.19 B. This is 275.24% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The ebitda for all United States stocks is 43.93% higher than that of the company.

Otis EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Otis Worldwide's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Otis Worldwide could also be used in its relative valuation, which is a method of valuing Otis Worldwide by comparing valuation metrics of similar companies.
Otis Worldwide is currently under evaluation in ebitda category among its peers.

Otis Worldwide ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Otis Worldwide's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Otis Worldwide's managers, analysts, and investors.
Environmental
Governance
Social

Otis Worldwide Institutional Holders

Institutional Holdings refers to the ownership stake in Otis Worldwide that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Otis Worldwide's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Otis Worldwide's value.
Shares
Fundsmith Llp2024-09-30
6.1 M
Grantham, Mayo, Van Otterloo & Co., Llc2024-09-30
5.1 M
Bls Capital Fondsmæglerselskab A/s2024-09-30
4.6 M
Northern Trust Corp2024-09-30
4.1 M
Sarasin & Partners Llp2024-09-30
3.8 M
Legal & General Group Plc2024-06-30
3.7 M
Amvescap Plc.2024-06-30
3.6 M
Fmr Inc2024-09-30
3.5 M
Bank Of America Corp2024-06-30
3.5 M
Vanguard Group Inc2024-09-30
44.9 M
Blackrock Inc2024-06-30
34.5 M

Otis Fundamentals

About Otis Worldwide Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Otis Worldwide Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otis Worldwide using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otis Worldwide Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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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.