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
DateValue
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