Otis Worldwide (OTIS) Short-term Investments (2020 - 2022)

Otis Worldwide (OTIS) reported 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 3 years of Short-term Investments data on file, last reported at $5.0 million in Q4 2022.

  • Short-term Investments for Q4 2022 came in at $5.0 million, down 99.74% year-over-year; the trailing twelve-month figure through Dec 2022 was $5.0 million (down 99.74% YoY), and the FY2022 annual result was $5.0 million, down 99.74% from the prior year.
  • Short-term Investments eased to $5.0 million in Q4 2022 per OTIS's latest filing, from $7.0 million in the prior quarter.
  • Over five years, Short-term Investments peaked at $1.9 billion in Q4 2021 and troughed at $5.0 million in Q4 2022.
  • A 3-year average of $632.0 million and a median of $14.5 million in 2020 frame the typical range for Short-term Investments.
  • The sharpest annual moves came in 2021 and 2022: Short-term Investments surged 11135.29% in 2021, then tumbled 99.74% in 2022.
  • A 3-year view of Short-term Investments shows it stood at $17.0 million in 2020, then surged by 11135.29% to $1.9 billion in 2021, then plunged 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 251.14 Bn 242.11 Bn 1.78 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn
10 Otis Worldwide 27.30 Bn 26.54 Bn 2.61 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