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Otis Worldwide Tax Rate %

: 24.94% (As of Sep. 2020)
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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Otis Worldwide's Tax Expense for the three months ended in Sep. 2020 was $103 Mil. Otis Worldwide's Pre-Tax Income for the three months ended in Sep. 2020 was $413 Mil. Therefore, Otis Worldwide's Tax Rate % for the quarter that ended in Sep. 2020 was 24.94%.


Otis Worldwide Tax Rate % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Otis Worldwide Annual Data
Dec17 Dec18 Dec19
Tax Rate % 58.66 36.08 31.92

Otis Worldwide Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.37 41.88 38.23 29.14 24.94

Otis Worldwide Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Otis Worldwide's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2019 )/Pre-Tax Income (A: Dec. 2019 )
=594/1861
=31.92 %

Otis Worldwide's Tax Rate % for the quarter that ended in Sep. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2020 )/Pre-Tax Income (Q: Sep. 2020 )
=103/413
=24.94 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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