Otis Worldwide Market Cap History



Below is a table of the Otis Worldwide market cap history going back to 4/30/2020:

Date OTIS Market Cap
4/30/202022.05B
6/30/202024.62B
9/30/202027.04B
1/31/202128.04B
4/15/202130.46B
7/16/202136.24B
10/15/202135.72B
1/21/202235.32B
4/15/202231.60B
7/15/202229.21B
10/14/202226.71B
1/20/202333.53B
4/14/202333.58B
7/14/202336.53B
10/16/202332.95B
1/19/202435.59B

Also see: OTIS Shares Outstanding History
and OTIS YTD Return
Otis Worldwide Historical Market Cap:
+13.72% CAGR
Otis Worldwide Historical Market Cap: +13.72% CAGR

Mouse over chart for data details
4/30/2020 ...1/19/2024
Otis Worldwide is an elevator and escalator manufacturing, installation and service company. Co. segments include New Equipment and Service. Co.'s New Equipment segment designs, manufactures, sells and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential, commercial and infrastructure projects. Co. also provides escalators and moving walkways. Co.'s Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Co. services include inspections, preventive maintenance offerings and other customized maintenance offerings tailored to meet customer needs. We show 16 historical shares outstanding datapoints in our OTIS shares outstanding history coverage, used to compute OTIS market cap on those dates.

Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing Otis Worldwide market cap history over the course of time is important for investors interested in comparing Otis Worldwide's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of Otis Worldwide versus a peer is one thing; comparing Otis Worldwide market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like Otis Worldwide can fluctuate over the course of history. With this page we aim to empower investors researching Otis Worldwide by allowing them to research the Otis Worldwide market cap history.
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Otis Worldwide (OTIS) is categorized under the Industrials sector; to help you further research historical market cap numbers, below are some other companies in the same sector:

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