Otis Worldwide (OTIS) Short-term Investments (2020 - 2022)
Otis Worldwide (OTIS) posted quarterly Short-term Investments of $5.0 million for Q4 2022, down 99.74% year-over-year from $1.9 billion in Q4 2021, and down 28.57% quarter-over-quarter from $7.0 million in Q3 2022.
Otis Worldwide (OTIS) Short-term Investments (2020 - 2022) Analysis & Trends
Otis Worldwide (OTIS) has reported Short-term Investments for 3 consecutive years, with $5.0 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Short-term Investments fell 99.74% year-over-year to $5.0 million; the TTM figure through Dec 2022 stood at $5.0 million (down 99.74% YoY), while the FY2022 annual figure was $5.0 million, down 99.74% from the prior year.
- Short-term Investments retreated to $5.0 million in Q4 2022 per OTIS's latest filing, from $7.0 million in the prior quarter.
- Across five years, Short-term Investments topped out at $1.9 billion in Q4 2021 and bottomed at $5.0 million in Q4 2022.
- Historically, Short-term Investments has averaged $632.0 million across 3 years, with a median of $14.5 million in 2020.
- Annual changes were most pronounced in 2021 — Short-term Investments surged 11135.29% — and 2022, when it tumbled 99.74%.
- Otis Worldwide's Short-term Investments stood at $17.0 million in 2020, then soared by 11135.29% to $1.9 billion in 2021, then sank by 99.74% to $5.0 million in 2022.
- Business Quant data shows OTIS's Short-term Investments at $5.0 million in Q4 2022, $7.0 million in Q3 2022, and $12.0 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 7.00 Mn |
| Jun 30, 2022 | 12.00 Mn |
| Mar 31, 2022 | 1.84 Bn |
| Dec 31, 2021 | 1.91 Bn |
| Dec 31, 2020 | 17.00 Mn |