Otis Worldwide Corp (OTIS) — Net Asset Momentum
Otis Worldwide Corp (OTIS) recorded a net asset momentum of -0.2% as of December 2024, with net assets of $-4.73 Billion USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. Check Otis Worldwide Corp (OTIS) tangible equity ratio to evaluate the tangible quality of the company's equity base.
YoY Momentum
Current Net Assets
Years of Data
Country
Otis Worldwide Corp Net Asset Momentum (2017–2024)
This chart tracks Otis Worldwide Corp's year-over-year net asset growth across 8 annual reporting periods from 2017 to 2024. The most recent momentum reading is -0.2%, with net assets of $-4.73 Billion USD as of December 2024. Read OTIS current and long-term liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Otis Worldwide Corp (2017–2024)
The table below shows the complete annual net asset history for Otis Worldwide Corp from 2017 to 2024, covering 8 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see market value of Otis Worldwide Corp.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | $-4.73 Billion | $11.32 Billion | $16.04 Billion | ▼ -0.2% |
| 2023 | $-4.72 Billion | $10.12 Billion | $14.84 Billion | ▼ -1.2% |
| 2022 | $-4.66 Billion | $9.82 Billion | $14.48 Billion | ▼ -56.3% |
| 2021 | $-2.98 Billion | $12.28 Billion | $15.26 Billion | ▲ +6.8% |
| 2020 | $-3.20 Billion | $10.71 Billion | $13.91 Billion | ▼ -237.6% |
| 2019 | $2.33 Billion | $9.69 Billion | $7.36 Billion | ▲ +5.0% |
| 2018 | $2.21 Billion | $9.13 Billion | $6.92 Billion | ▼ -46.7% |
| 2017 | $4.16 Billion | $9.09 Billion | $4.93 Billion | — |