Otis Worldwide Corp (OTIS)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 1,498,000 | 1,369,000 | 1,420,000 | 1,056,000 | 1,267,000 |
| Depreciation Amortization | 193,000 | 191,000 | 203,000 | 191,000 | 180,000 |
| Income taxes - deferred | -61,000 | -16,000 | -92,000 | -51,000 | -8,000 |
| Accounts receivable | -239,000 | -309,000 | -152,000 | -163,000 | -191,000 |
| Accounts payable and accrued liabilities | 152,000 | 272,000 | 130,000 | 20,000 | 6,000 |
| Other Working Capital | -67,000 | -51,000 | 154,000 | 150,000 | -33,000 |
| Other Operating Activity | 151,000 | 104,000 | 87,000 | 277,000 | 248,000 |
| Operating Cash Flow | $1,627,000 | $1,560,000 | $1,750,000 | $1,480,000 | $1,469,000 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -138,000 | -115,000 | -156,000 | -183,000 | -145,000 |
| Net Acquisitions | -36,000 | 15,000 | -80,000 | -53,000 | -47,000 |
| Sale Of Investment | 4,000 | -7,000 | 40,000 | -51,000 | N/A |
| Other Investing Activity | -13,000 | 74,000 | 107,000 | -66,000 | -11,000 |
| Investing Cash Flow | $-183,000 | $-33,000 | $-89,000 | $-353,000 | $-203,000 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -113,000 | 113,000 | -304,000 | 647,000 | 6,000 |
| Debt Issued | 747,000 | N/A | 2,182,000 | 6,300,000 | N/A |
| Debt Repayment | -534,000 | -500,000 | -503,000 | -1,000,000 | N/A |
| Common Stock Repurchased | -800,000 | -2,652,000 | -725,000 | 0 | N/A |
| Dividend Paid | -624,000 | -583,000 | -548,000 | -409,000 | -163,000 |
| Other Financing Activity | -26,000 | -30,000 | -44,000 | -6,382,000 | -976,000 |
| Financing Cash Flow | $-1,350,000 | $-3,652,000 | $58,000 | $-844,000 | $-1,133,000 |
| Exchange Rate Effect | -9,000 | -157,000 | -43,000 | 59,000 | -20,000 |
| Beginning Cash Position | 1,195,000 | 3,477,000 | 1,801,000 | 1,459,000 | 1,346,000 |
| End Cash Position | 1,280,000 | 1,195,000 | 3,477,000 | 1,801,000 | 1,459,000 |
| Net Cash Flow | $85,000 | $-2,282,000 | $1,676,000 | $342,000 | $113,000 |
| Free Cash Flow | |||||
| Operating Cash Flow | 1,627,000 | 1,560,000 | 1,750,000 | 1,480,000 | 1,469,000 |
| Capital Expenditure | -138,000 | -115,000 | -156,000 | -183,000 | -145,000 |
| Free Cash Flow | 1,489,000 | 1,445,000 | 1,594,000 | 1,297,000 | 1,324,000 |