GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otis Worldwide Corp (NYSE:OTIS) » Definitions » Price-to-Free-Cash-Flow

Otis Worldwide (Otis Worldwide) Price-to-Free-Cash-Flow

: 26.45 (As of Today)
View and export this data going back to 2020. Start your Free Trial

As of today (2024-04-19), Otis Worldwide's share price is $95.11. Otis Worldwide's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.60. Hence, Otis Worldwide's Price-to-Free-Cash-Flow Ratio for today is 26.45.

The historical rank and industry rank for Otis Worldwide's Price-to-Free-Cash-Flow or its related term are showing as below:

OTIS' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 14.8   Med: 22.78   Max: 30.44
Current: 26.53

During the past 7 years, Otis Worldwide's highest Price-to-Free-Cash-Flow Ratio was 30.44. The lowest was 14.80. And the median was 22.78.

OTIS's Price-to-Free-Cash-Flow is ranked worse than
58.24% of 1657 companies
in the Industrial Products industry
Industry Median: 21.49 vs OTIS: 26.53

Otis Worldwide's Free Cash Flow per Share for the three months ended in Dec. 2023 was $1.35. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.60.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Otis Worldwide was 5.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.40% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 3.30% per year.

During the past 7 years, Otis Worldwide's highest 3-Year average Free Cash Flow per Share Growth Rate was 6.40% per year. The lowest was -0.40% per year. And the median was 4.45% per year.


Otis Worldwide Price-to-Free-Cash-Flow Historical Data

The historical data trend for Otis Worldwide's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => 22.64 [4] => 23.56 [5] => 22.92 [6] => 24.92 )
Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Premium Member Only Premium Member Only - 22.64 23.56 22.92 24.92

Otis Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.92 28.99 28.48 24.54 24.92

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Otis Worldwide's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Otis Worldwide Price-to-Free-Cash-Flow Distribution

For the Industrial Products industry and Industrials sector, Otis Worldwide's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's Price-to-Free-Cash-Flow falls into.



Otis Worldwide Price-to-Free-Cash-Flow Calculation

Otis Worldwide's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=95.11/3.596
=26.45

Otis Worldwide's Share Price of today is $95.11.
Otis Worldwide's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.60.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Otis Worldwide  (NYSE:OTIS) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Otis Worldwide Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Otis Worldwide's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Otis Worldwide (Otis Worldwide) Business Description

Traded in Other Exchanges
Address
One Carrier Place, Farmington, CT, USA, 06032
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
Executives
Thomas A Bartlett director 116 HUNTINGTON AVENUE, BOSTON MA 02116
Jill Brannon director 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Tracy A Embree officer: President, Otis Americas 500 JACKSON STREET, COLUMBUS IN 47201
Viseras Enrique Minarro officer: President, Otis EMEA C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Fernandez Bernardo Calleja officer: President, Otis EMEA 1 CARRIER PLACE, FARMINGTON CT 06032
Michael Patrick Ryan officer: VP, CAO and Controller 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Sally Loh officer: President, Otis China 1 CARRIER PLACE, FARMINGTON CT 06032
James F. Cramer officer: President, Otis Americas 1 CARRIER PLACE, FARMINGTON CT 06032
Nora E. Lafreniere officer: EVP, Chief GC & Corp. Sec. ONE CARRIER PLACE, FARMINGTON CT 06032
Montlivault Stephane De officer: President, Otis Asia Pacific ONE CARRIER PLACE, FARMINGTON CT 06032
Peiming Zheng officer: President, Otis China ONE CARRIER PLACE, FARMINGTON CT 06032
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Anurag Maheshwari officer: EVP and CFO 1 CARRIER PLACE, FARMINGTON CT 06032
Rahul Ghai officer: EVP & Chief Financial Officer GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Abbe Luersman officer: EVP & CPO 1 CARRIER PLACE, FARMINGTON CT 06032

Otis Worldwide (Otis Worldwide) Headlines

From GuruFocus

Otis Worldwide Corp's Dividend Analysis

By GuruFocus Research 11-15-2023

Otis to Host 2024 Investor Day

By PRNewswire 11-29-2023

Q3 2023 Otis Worldwide Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2021 Otis Worldwide Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Otis Worldwide Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Otis Worldwide Corp Investor Day Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Otis Worldwide Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 Otis Worldwide Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024