Otis Worldwide
OTIS
#498
Rank
HK$327.64 B
Marketcap
HK$817.34
Share price
0.08%
Change (1 day)
28.85%
Change (1 year)

Operating Margin for Otis Worldwide (OTIS)

Operating Margin as of October 2024 (TTM): 15.57%

According to Otis Worldwide's latest financial reports and stock price the company's current Operating Margin is 15.57%. At the end of 2023 the company had an Operating Margin of 14.29%.

Operating Margin history for Otis Worldwide from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.29%3.61%
202213.80%0.59%
202113.72%15.79%
202011.85%-16.5%
201914.19%-3.21%
201814.66%-7.7%
201715.88%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
15.57% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.