Otis Worldwide Corp Earnings Per Share Disclosure
| (dollars in millions, except per share amounts; shares in millions) | 2025 | 2024 | 2023 | |||||||||||||||||
| Net income attributable to common shareholders | $ | 1,384 | $ | 1,645 | $ | 1,406 | ||||||||||||||
| Basic weighted average number of shares outstanding | 392.8 | 401.7 | 411.4 | |||||||||||||||||
| Stock awards and equity units (share equivalent) | 2.1 | 2.7 | 3.2 | |||||||||||||||||
| Diluted weighted average number of shares outstanding | 394.9 | 404.4 | 414.6 | |||||||||||||||||
| Earnings Per Share of Common Stock: | ||||||||||||||||||||
| Basic | $ | 3.52 | $ | 4.10 | $ | 3.42 | ||||||||||||||
| Diluted | $ | 3.50 | $ | 4.07 | $ | 3.39 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 5, 2026 | Showing above |
| 2024 | Feb 4, 2025 | |
| 2023 | Feb 2, 2024 | |
| 2022 | Feb 3, 2023 | |
| 2021 | Feb 4, 2022 | |
| 2020 | Feb 5, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.