Otis Worldwide annual return on equity
2019
Otis Worldwide Return on Equity (ROE) Growth & History (OTIS)
Otis Worldwide's return on equity was 60.13% for fiscal 2019.
View full Otis Worldwide company overviewOtis Worldwide annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 60.13% | — |
Otis Worldwide quarterly return on equity
Q4.19
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q4 2019 | 2019-12-31 | 11.46% | — |
Otis Worldwide return on equity trends
The latest reported quarter, Q4 2019, shows 11.46%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Otis Worldwide source filings ↗