Otis Worldwide Corp (OTIS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Otis Worldwide Corp (OTIS) has a cash flow conversion efficiency ratio of -0.071x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($374.00 Million) by net assets ($-5.29 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See operational self-sufficiency of Otis Worldwide Corp to measure how many days the company can operate on defensive assets alone.
Otis Worldwide Corp - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Otis Worldwide Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Otis Worldwide Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Otis Worldwide Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Coupang LLC
NYSE:CPNG
|
0.047x |
|
Yuanta Financial Holdings Co Ltd
TW:2885
|
-0.059x |
|
George Weston Limited
TO:WN
|
0.304x |
|
Saab AB (publ)
ST:SAAB-B
|
0.194x |
|
TDK Corporation
F:TDKA
|
0.059x |
|
TRIP.COM GROUP DL-00125
F:CLVB
|
N/A |
|
Talanx AG
XETRA:TLX
|
0.183x |
|
IQVIA Holdings Inc
NYSE:IQV
|
0.408x |
Annual Cash Flow Conversion Efficiency for Otis Worldwide Corp (2017–2024)
The table below shows the annual cash flow conversion efficiency of Otis Worldwide Corp from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Otis Worldwide Corp market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-4.73 Billion | $1.56 Billion | -0.331x | +4.10% |
| 2023-12-31 | $-4.72 Billion | $1.63 Billion | -0.345x | -3.06% |
| 2022-12-31 | $-4.66 Billion | $1.56 Billion | -0.334x | +42.97% |
| 2021-12-31 | $-2.98 Billion | $1.75 Billion | -0.586x | -26.84% |
| 2020-12-31 | $-3.20 Billion | $1.48 Billion | -0.462x | -173.21% |
| 2019-12-31 | $2.33 Billion | $1.47 Billion | 0.632x | -9.75% |
| 2018-12-31 | $2.21 Billion | $1.55 Billion | 0.700x | +100.57% |
| 2017-12-31 | $4.16 Billion | $1.45 Billion | 0.349x | -- |
About Otis Worldwide Corp
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates through 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… Read more