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Otis Worldwide Corp
NYSE:OTIS

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Otis Worldwide Corp Logo
Otis Worldwide Corp
NYSE:OTIS
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Price: 94.01 USD 0.99%
Updated: May 7, 2024

Gross Margin
Otis Worldwide Corp

29.6%
Current
29%
Average
27%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
29.6%
=
Gross Profit
4.2B
/
Revenue
14.3B

Gross Margin Across Competitors

Country US
Market Cap 38B USD
Gross Margin
30%
Country SE
Market Cap 970.5B SEK
Gross Margin
44%
Country US
Market Cap 74B USD
Gross Margin
43%
Country US
Market Cap 71.3B USD
Gross Margin
36%
Country US
Market Cap 36.2B USD
Gross Margin
43%
Country JP
Market Cap 5.5T JPY
Gross Margin
49%
Country US
Market Cap 34.1B USD
Gross Margin
37%
Country JP
Market Cap 4.8T JPY
Gross Margin
20%
Country JP
Market Cap 4.5T JPY
Gross Margin
35%
Country CH
Market Cap 25.1B CHF
Gross Margin
22%
Country US
Market Cap 27.2B USD
Gross Margin
60%

Profitability Report

View the profitability report to see the full profitability analysis for Otis Worldwide Corp.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
29.6%
=
Gross Profit
4.2B
/
Revenue
14.3B
What is the Gross Margin of Otis Worldwide Corp?

Based on Otis Worldwide Corp's most recent financial statements, the company has Gross Margin of 29.6%.