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Otis Worldwide (WBO:OTIS) Total Operating Expense : €2,063 Mil (TTM As of Sep. 2024)


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What is Otis Worldwide Total Operating Expense?

Otis Worldwide's Total Operating Expense for the three months ended in Sep. 2024 was €644 Mil. Otis Worldwide's Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was €2,063 Mil.

Otis Worldwide Total Operating Expense Historical Data

The historical data trend for Otis Worldwide's Total Operating Expense 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.

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Otis Worldwide Total Operating Expense Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Operating Expense
Get a 7-Day Free Trial 1,810.80 1,759.08 1,845.23 1,781.33 1,840.42

Otis Worldwide Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Operating Expense Get a 7-Day Free Trial 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 445.08 500.68 445.28 472.86 644.22

Otis Worldwide Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €2,063 Mil.

* 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.

Otis Worldwide Total Operating Expense Related Terms

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Otis Worldwide Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otis Worldwide Corp (WBO:OTIS) » Definitions » Total Operating Expense
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Traded in Other Exchanges
OTIS:USA OTIS:Mexico 4PG:Germany O1TI34:Brazil
Address
One Carrier Place, Farmington, CT, USA, 06032
Website
https://www.otis.com
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.