Otis Worldwide Corp (OTIS) - Net Assets
Based on the latest financial reports, Otis Worldwide Corp (OTIS) has net assets worth $-5.29 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.77 Billion) and total liabilities ($16.06 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Otis Worldwide Corp's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-5.29 Billion |
| % of Total Assets | -49.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 104.35 |
Otis Worldwide Corp - Net Assets Trend (2017–2024)
This chart illustrates how Otis Worldwide Corp's net assets have evolved over time, based on quarterly financial data. Also explore Otis Worldwide Corp balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Otis Worldwide Corp (2017–2024)
The table below shows the annual net assets of Otis Worldwide Corp from 2017 to 2024. For live valuation and market cap data, see Otis Worldwide Corp (OTIS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.73 Billion | -0.17% |
| 2023-12-31 | $-4.72 Billion | -1.20% |
| 2022-12-31 | $-4.66 Billion | -56.30% |
| 2021-12-31 | $-2.98 Billion | +6.78% |
| 2020-12-31 | $-3.20 Billion | -237.62% |
| 2019-12-31 | $2.33 Billion | +5.01% |
| 2018-12-31 | $2.21 Billion | -46.70% |
| 2017-12-31 | $4.16 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Otis Worldwide Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 97800000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $265.00 Million | % |
| Other Comprehensive Income | $-745.00 Million | % |
| Total Equity | $-4.85 Billion | 100.00% |
Otis Worldwide Corp Competitors by Market Cap
The table below lists competitors of Otis Worldwide Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adani Enterprises Limited
NSE:ADANIENT
|
$30.06 Billion |
|
Teledyne Technologies Incorporated
NYSE:TDY
|
$30.06 Billion |
|
DTE Energy Company
NYSE:DTE
|
$30.10 Billion |
|
Waters Corporation
NYSE:WAT
|
$30.13 Billion |
|
Alcon AG
SW:ALC
|
$30.03 Billion |
|
BeiGene, Ltd.
NASDAQ:ONC
|
$30.02 Billion |
|
VICI Properties Inc
NYSE:VICI
|
$30.00 Billion |
|
Extra Space Storage Inc
NYSE:EXR
|
$29.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Otis Worldwide Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -4,924,000,000 to -4,848,000,000, a change of 76,000,000.
- Net income of 1,645,000,000 contributed positively to equity growth.
- Dividend payments of 606,000,000 reduced retained earnings.
- Share repurchases of 1,007,000,000 reduced equity.
- Other comprehensive income increased equity by 5,000,000.
- Other factors increased equity by 39,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.65 Billion | +33.93% |
| Dividends Paid | $606.00 Million | -12.5% |
| Share Repurchases | $1.01 Billion | -20.77% |
| Other Comprehensive Income | $5.00 Million | +0.1% |
| Other Changes | $39.00 Million | +0.8% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Otis Worldwide Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $4.50 | $77.08 | x |
| 2018-12-31 | $3.62 | $77.08 | x |
| 2019-12-31 | $3.93 | $77.08 | x |
| 2020-12-31 | $-8.89 | $77.08 | x |
| 2021-12-31 | $-8.40 | $77.08 | x |
| 2022-12-31 | $-11.51 | $77.08 | x |
| 2023-12-31 | $-11.88 | $77.08 | x |
| 2024-12-31 | $-11.99 | $77.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Otis Worldwide Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.53%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (20.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 32.37% | 5.16% | 1.36x | 4.63x | $439.50 Million |
| 2018 | 66.86% | 8.12% | 1.41x | 5.82x | $892.10 Million |
| 2019 | 65.65% | 8.51% | 1.35x | 5.70x | $946.00 Million |
| 2020 | 0.00% | 7.10% | 1.19x | 0.00x | $1.29 Billion |
| 2021 | 0.00% | 8.71% | 1.16x | 0.00x | $1.61 Billion |
| 2022 | 0.00% | 9.16% | 1.39x | 0.00x | $1.74 Billion |
| 2023 | 0.00% | 9.90% | 1.40x | 0.00x | $1.90 Billion |
| 2024 | 0.00% | 11.53% | 1.26x | 0.00x | $2.13 Billion |
Industry Comparison
This section compares Otis Worldwide Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $814,759,465
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Otis Worldwide Corp (OTIS) | $-5.29 Billion | 32.37% | N/A | $30.04 Billion |
| Ametek Inc (AME) | $805.55 Million | 16.93% | 1.21x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $280.96 Million | 5.78% | 0.42x | $1.72 Billion |
| Smith AO Corporation (AOS) | $1.88 Billion | 28.33% | 0.72x | $6.84 Billion |
| ATS Corporation (ATS) | $650.55 Million | 6.08% | 1.10x | $2.89 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $561.00 Million | -20.61% | 1.73x | $1.90 Billion |
| Broadwind Energy Inc (BWEN) | $-5.31 Million | 0.00% | 0.00x | $50.81 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $-1.72 Million | 0.00% | 0.00x | $5.97 Million |
| Cummins Inc (CMI) | $3.06 Billion | 23.40% | 1.44x | $74.50 Billion |
| Crane Company (CR) | $651.29 Million | 13.61% | 0.98x | $9.93 Billion |
| CSW Industrials, Inc. (CSW) | $265.76 Million | -4.47% | 0.28x | $4.86 Billion |
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