Otis Worldwide (OTIS) Short-term Investments (2020 - 2022)
Otis Worldwide's (OTIS) quarterly Short-term Investments came in at $5.0 million in Q4 2022, down 99.74% year-on-year from $1.9 billion in Q4 2021, and down 28.57% on a QoQ basis from $7.0 million in Q3 2022.
Otis Worldwide (OTIS) Short-term Investments (2020 - 2022) Analysis & Trends
Otis Worldwide (OTIS) has 3 years of Short-term Investments data on file, last reported at $5.0 million in Q4 2022.
- On a quarterly basis, Short-term Investments fell 99.74% year-over-year to $5.0 million in Q4 2022; TTM through Dec 2022 was $5.0 million, a 99.74% decrease from a year earlier, with the FY2022 full-year figure at $5.0 million, down 99.74% from the prior year.
- Short-term Investments for Q4 2022 stood at $5.0 million, down from $7.0 million in the prior quarter.
- Over the last five years, Short-term Investments for OTIS reached as high as $1.9 billion in Q4 2021 and fell as low as $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.
- Across the five-year window, Short-term Investments soared 11135.29% in 2021 and sank 99.74% in 2022, its largest moves.
- Year by year, Short-term Investments stood at $17.0 million in 2020, then surged by 11135.29% to $1.9 billion in 2021, then sank by 99.74% to $5.0 million in 2022.
- Per Business Quant data, the three most recent Short-term Investments figures were $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 | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 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 |