Otis Worldwide Corp (OTIS)
99.72
-0.67
(-0.67%)
USD |
NYSE |
Nov 14, 16:00
99.74
+0.02
(+0.02%)
After-Hours: 20:00
Otis Worldwide Gross Profit Margin (Quarterly): 30.38% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 30.38% |
| June 30, 2024 | 29.96% |
| 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% |
| Date | Value |
|---|---|
| September 30, 2021 | 29.28% |
| 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
30.38%
Maximum
Sep 2024
29.38%
Average
29.44%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Armstrong World Industries Inc | 42.45% |
| Fastenal Co | 44.95% |
| The AZEK Co Inc | 37.83% |
| Comfort Systems USA Inc | 21.06% |
| Quanta Services Inc | 15.59% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | 16.18% |
| Return on Invested Capital | 68.98% |
| Profit Margin (Quarterly) | 15.22% |
| Operating Margin (Quarterly) | 10.23% |
| Return on Net Operating Assets | 20.49% |