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 OTIS net asset quality index to measure how much of total assets are equity-financed.
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. Check Otis Worldwide Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Copart Inc
NASDAQ:CPRT
|
0.013x |
|
Trip.com Group Limited
F:CLV
|
0.014x |
|
Caseys General Stores Inc
NASDAQ:CASY
|
0.067x |
|
FIRSTRAND ADR/ 10 RC -01
F:FSR
|
N/A |
|
Chroma ATE Inc
TW:2360
|
0.032x |
|
Resona Holdings Inc
NYSE:RSHGY
|
N/A |
|
HOCHTIEF Aktiengesellschaft
F:HOT
|
0.252x |
|
Ryanair Holdings plc
IR:RYA
|
0.036x |
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 stock valuation.
| 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