Otis Worldwide Corp (OTIS)
92.12
+0.35
(+0.38%)
USD |
NYSE |
May 03, 16:00
92.13
+0.01
(+0.01%)
Pre-Market: 20:00
Otis Worldwide Gross Profit Margin (Quarterly): 29.91% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 29.91% |
December 31, 2023 | 29.50% |
September 30, 2023 | 29.69% |
June 30, 2023 | 29.11% |
March 31, 2023 | 29.77% |
December 31, 2022 | 27.92% |
September 30, 2022 | 29.04% |
June 30, 2022 | 28.18% |
March 31, 2022 | 29.47% |
December 31, 2021 | 29.11% |
September 30, 2021 | 29.28% |
Date | Value |
---|---|
June 30, 2021 | 29.05% |
March 31, 2021 | 29.90% |
December 31, 2020 | 28.97% |
September 30, 2020 | 29.96% |
June 30, 2020 | 29.42% |
March 31, 2020 | 30.24% |
December 31, 2019 | 28.81% |
September 30, 2019 | 29.43% |
June 30, 2019 | 29.36% |
March 31, 2019 | 29.06% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
27.92%
Minimum
Dec 2022
30.24%
Maximum
Mar 2020
29.31%
Average
29.39%
Median
Gross Profit Margin (Quarterly) Benchmarks
Fastenal Co | 45.46% |
BrewBilt MFG Inc | -- |
The AZEK Co Inc | 38.03% |
EMCOR Group Inc | 17.17% |
IES Holdings Inc | 22.67% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Assets | 14.20% |
Return on Invested Capital | 62.62% |
Profit Margin (Quarterly) | 10.27% |
Operating Margin (Quarterly) | 15.83% |
Return on Net Operating Assets | 18.06% |