Otis Worldwide Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.38B | $1.65B | $1.41B | $1.25B | $1.25B | $906.0M | $1.12B | $1.05B |
| Depreciation & Amortization | $175.0M | $181.0M | $193.0M | $191.0M | $203.0M | $191.0M | $180.0M | $190.0M |
| Depreciation | $113.0M | $120.0M | $126.0M | $118.0M | $116.0M | $100.0M | $85.0M | $86.0M |
| Amortization | $62.0M | $62.0M | $67.0M | $73.0M | $87.0M | $91.0M | $95.0M | $104.0M |
| Stock-Based Compensation | $80.0M | $73.0M | $64.0M | $67.0M | $65.0M | $63.0M | $37.0M | $38.0M |
| Net Cash from Operating Activities | $1.60B | $1.56B | $1.63B | $1.56B | $1.75B | $1.48B | $1.47B | $1.55B |
| Investing Activities | ||||||||
| Capital Expenditures | $152.0M | $126.0M | $138.0M | $115.0M | $156.0M | $183.0M | $145.0M | $172.0M |
| Business Acquisitions | $109.0M | $87.0M | $36.0M | $46.0M | $80.0M | $53.0M | $47.0M | $50.0M |
| Net Cash from Investing Activities | $-406.0M | $-164.0M | $-183.0M | $-33.0M | $-89.0M | $-353.0M | $-203.0M | $-201.0M |
| Financing Activities | ||||||||
| Dividends Paid | $647.0M | $606.0M | $539.0M | $465.0M | $393.0M | $260.0M | $0 | $0 |
| Stock Repurchases | $809.0M | $1.01B | $800.0M | $850.0M | $725.0M | $0 | $0 | — |
| Net Cash from Financing Activities | $-2.42B | $-309.0M | $-1.35B | $-3.65B | $58.0M | $-844.0M | $-1.13B | $-1.50B |
| Net Change in Cash | $-1.22B | $1.04B | $85.0M | $-2.28B | $1.68B | $342.0M | $113.0M | $-225.0M |
| Free Cash Flow | $1.44B | $1.44B | $1.49B | $1.45B | $1.59B | $1.30B | $1.32B | $1.38B |