Otis Worldwide Q4 Earnings Call Highlights

Otis also highlighted record quarterly adjusted free cash flow of $817 million, which Marks said reflected an ongoing focus on collections and working capital efficiency. For the full year, Otis reported approximately $1.6 billion of adjusted free cash flow and said it returned about $1.5 billion to shareholders through dividends and repurchases, while investing roughly $100 million in bolt-on acquisitions aimed at strengthening its service portfolio and expanding in key markets.Adjusted operating profit ma ...