Working capital decreased 150.3%
Working capital changed -150.3% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
-$453.0M→-$1.1B4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →OTIS financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Noncurrent long-term debt decreased 7.1%
Noncurrent long-term debt changed -7.1% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$7.6B→$7.1B4 prior comparisons
Trade receivables increased 8.2%
Trade receivables changed +8.2% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$3.8B→$4.1B4 prior comparisons
Working capital / assets moved 582 bp lower
Working capital / assets changed -582 basis points from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
-4.21%→-10.03%4 prior comparisons
Current long-term debt increased 720.8%
Current long-term debt changed +720.8% from the comparable as-filed period.
$144.0M→$1.2B2 prior comparisons
Short-term borrowings decreased 87.9%
Short-term borrowings changed -87.9% from the comparable as-filed period.
$348.0M→$42.0M3 prior comparisons
Revenue increased 6.1%
Revenue changed +6.1% from the comparable as-filed period.
$3.7B→$3.9B2 prior comparisons
Free-cash-flow proxy decreased 11.6%
Free-cash-flow proxy changed -11.6% from the comparable as-filed period.
$337.0M→$298.0M2 prior comparisons
Current liabilities increased 14.0%
Current liabilities changed +14.0% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$7.1B→$8.1B4 prior comparisons
Current ratio decreased 8.2%
Current ratio changed -8.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
0.94→0.864 prior comparisons
Net income increased 10.7%
Net income changed +10.7% from the comparable as-filed period.
$374.0M→$414.0M2 prior comparisons
Operating cash flow decreased 9.9%
Operating cash flow changed -9.9% from the comparable as-filed period.
$374.0M→$337.0M2 prior comparisons
Operating income increased 5.8%
Operating income changed +5.8% from the comparable as-filed period.
$586.0M→$620.0M2 prior comparisons
Net debt increased 6.8%
Net debt changed +6.8% from the comparable as-filed period.
$6.9B→$7.4B2 prior comparisons
Operating margin moved 4 bp lower
Operating margin changed -4 basis points from the comparable as-filed period.
15.88%→15.84%2 prior comparisons
Receivables / revenue moved 200 bp higher
Receivables / revenue changed +200 basis points from the comparable as-filed period.
101.68%→103.68%2 prior comparisons
Free-cash-flow margin moved 152 bp lower
Free-cash-flow margin changed -152 basis points from the comparable as-filed period.
9.13%→7.61%2 prior comparisons
Reported total debt increased 6.4%
Reported total debt changed +6.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$7.7B→$8.2B4 prior comparisons
Gross debt increased 6.4%
Gross debt changed +6.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$7.7B→$8.2B4 prior comparisons
Shares outstanding decreased 2.3%
Shares outstanding changed -2.3% from the comparable as-filed period. The change ranks at the 50th percentile of 8 prior comparable changes.
389,715,851→380,710,5138 prior comparisons
Total assets increased 5.0%
Total assets changed +5.0% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$10.8B→$11.3B4 prior comparisons
Inventory increased 7.7%
Inventory changed +7.7% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$640.0M→$689.0M4 prior comparisons
Operating cash flow / net income decreased 18.6%
Operating cash flow / net income changed -18.6% from the comparable as-filed period.
1→0.812 prior comparisons
SBC / revenue moved 6 bp lower
SBC / revenue changed -6 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
0.51%→0.46%2 prior comparisons
Research & development increased 11.1%
Research & development changed +11.1% from the comparable as-filed period.
$36.0M→$40.0M2 prior comparisons
Operating cash-flow margin moved 153 bp lower
Operating cash-flow margin changed -153 basis points from the comparable as-filed period.
10.14%→8.61%2 prior comparisons
Current assets increased 4.6%
Current assets changed +4.6% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$6.6B→$6.9B4 prior comparisons
Inventory / revenue moved 26 bp higher
Inventory / revenue changed +26 basis points from the comparable as-filed period.
17.34%→17.60%2 prior comparisons
Stock-based compensation decreased 5.3%
Stock-based compensation changed -5.3% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$19.0M→$18.0M2 prior comparisons
Debt / assets moved 97 bp higher
Debt / assets changed +97 basis points from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
71.82%→72.79%4 prior comparisons
Capex / revenue moved 1 bp lower
Capex / revenue changed -1 basis points from the comparable as-filed period.
1.00%→1.00%2 prior comparisons
Cash & equivalents increased 3.1%
Cash & equivalents changed +3.1% from the comparable as-filed period.
$840.0M→$866.0M2 prior comparisons
Capital expenditure increased 5.4%
Capital expenditure changed +5.4% from the comparable as-filed period.
$37.0M→$39.0M2 prior comparisons
Debt / revenue moved 70 bp higher
Debt / revenue changed +70 basis points from the comparable as-filed period.
209.65%→210.35%2 prior comparisons
Cash / debt moved 34 bp lower
Cash / debt changed -34 basis points from the comparable as-filed period.
10.86%→10.52%2 prior comparisons
Selling, general & administrative decreased 3.0%
Selling, general & administrative changed -3.0% from the comparable as-filed period.
$504.0M→$489.0M2 prior comparisons
R&D / revenue moved 5 bp higher
R&D / revenue changed +5 basis points from the comparable as-filed period.
0.98%→1.02%2 prior comparisons
Free-cash-flow proxy increased 24.6%
Free-cash-flow proxy changed +24.6% from the comparable as-filed period.
$179.0M→$223.0M3 prior comparisons
Shares outstanding decreased 3.0%
Shares outstanding changed -3.0% from the comparable as-filed period. The change ranks at the 100th percentile of 8 prior comparable changes.
392,475,229→380,669,3398 prior comparisons
Short-term borrowings decreased 60.2%
Short-term borrowings changed -60.2% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$528.0M→$210.0M3 prior comparisons
Current long-term debt increased 702.7%
Current long-term debt changed +702.7% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$147.0M→$1.2B2 prior comparisons
Operating cash flow increased 24.2%
Operating cash flow changed +24.2% from the comparable as-filed period.
$215.0M→$267.0M3 prior comparisons
Working capital decreased 61.4%
Working capital changed -61.4% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
-$859.0M→-$1.4B4 prior comparisons
Debt / assets moved 493 bp higher
Debt / assets changed +493 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
68.80%→73.74%4 prior comparisons
Inventory increased 14.0%
Inventory changed +14.0% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$602.0M→$686.0M4 prior comparisons
Working capital / assets moved 424 bp lower
Working capital / assets changed -424 basis points from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
-8.18%→-12.42%4 prior comparisons
Trade receivables increased 7.8%
Trade receivables changed +7.8% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$3.7B→$4.0B4 prior comparisons
Revenue increased 7.3%
Revenue changed +7.3% from the comparable as-filed period.
$3.6B→$3.9B2 prior comparisons
Gross debt increased 13.9%
Gross debt changed +13.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$7.2B→$8.2B4 prior comparisons
Reported total debt increased 13.9%
Reported total debt changed +13.9% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$7.2B→$8.2B4 prior comparisons
Current liabilities increased 13.5%
Current liabilities changed +13.5% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$7.2B→$8.2B4 prior comparisons
Net debt increased 13.5%
Net debt changed +13.5% from the comparable as-filed period.
$6.5B→$7.4B2 prior comparisons
Debt / revenue moved 1230 bp higher
Debt / revenue changed +1230 basis points from the comparable as-filed period.
200.86%→213.16%2 prior comparisons
Current assets increased 7.1%
Current assets changed +7.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$6.4B→$6.8B4 prior comparisons
Operating margin moved 32 bp lower
Operating margin changed -32 basis points from the comparable as-filed period.
15.22%→14.90%2 prior comparisons
Cash & equivalents increased 18.2%
Cash & equivalents changed +18.2% from the comparable as-filed period.
$688.0M→$813.0M2 prior comparisons
Total assets increased 6.3%
Total assets changed +6.3% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$10.5B→$11.2B4 prior comparisons
Operating income increased 5.1%
Operating income changed +5.1% from the comparable as-filed period.
$547.0M→$575.0M2 prior comparisons
Inventory / revenue moved 103 bp higher
Inventory / revenue changed +103 basis points from the comparable as-filed period.
16.75%→17.78%2 prior comparisons
Capital expenditure increased 22.2%
Capital expenditure changed +22.2% from the comparable as-filed period.
$36.0M→$44.0M3 prior comparisons
Stock-based compensation decreased 13.0%
Stock-based compensation changed -13.0% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$23.0M→$20.0M2 prior comparisons
Net income increased 8.9%
Net income changed +8.9% from the comparable as-filed period.
$393.0M→$428.0M2 prior comparisons
SBC / revenue moved 12 bp lower
SBC / revenue changed -12 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
0.64%→0.52%2 prior comparisons
Free-cash-flow margin moved 80 bp higher
Free-cash-flow margin changed +80 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
4.98%→5.78%2 prior comparisons
Operating cash flow / net income increased 14.0%
Operating cash flow / net income changed +14.0% from the comparable as-filed period.
0.55→0.622 prior comparisons
Capex / revenue moved 14 bp higher
Capex / revenue changed +14 basis points from the comparable as-filed period.
1.00%→1.14%2 prior comparisons
Operating cash-flow margin moved 94 bp higher
Operating cash-flow margin changed +94 basis points from the comparable as-filed period.
5.98%→6.92%2 prior comparisons
Current ratio decreased 5.7%
Current ratio changed -5.7% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
0.88→0.834 prior comparisons
Research & development increased 2.6%
Research & development changed +2.6% from the comparable as-filed period.
$38.0M→$39.0M2 prior comparisons
Receivables / revenue moved 46 bp higher
Receivables / revenue changed +46 basis points from the comparable as-filed period.
102.81%→103.27%2 prior comparisons
Selling, general & administrative increased 4.2%
Selling, general & administrative changed +4.2% from the comparable as-filed period.
$499.0M→$520.0M2 prior comparisons
Noncurrent long-term debt decreased 0.4%
Noncurrent long-term debt changed -0.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$7.1B→$7.0B4 prior comparisons
Cash / debt moved 36 bp higher
Cash / debt changed +36 basis points from the comparable as-filed period.
9.53%→9.88%2 prior comparisons
R&D / revenue moved 5 bp lower
R&D / revenue changed -5 basis points from the comparable as-filed period.
1.06%→1.01%2 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.