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OTIS logoOtis Worldwide Corporation(OTIS)Earnings, Financials & Key Ratios

OTIS•NYSE
$77.47
$30.11B mkt cap·22.1× P/E·Price updated May 7, 2026
SectorIndustrialsIndustryIndustrial MachinerySub-IndustryMotors, drives and motion control
AboutOtis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.Show more
  • Revenue$14.43B+1.2%
  • EBITDA$2.31B+5.4%
  • Net Income$1.38B-15.9%
  • EPS (Diluted)3.50-14.0%
  • Gross Margin30.28%+1.4%
  • EBITDA Margin15.99%+4.2%
  • Operating Margin14.78%+5.0%
  • Net Margin9.59%-16.9%
  • ROIC78.09%-21.5%
  • Interest Coverage10.88-83.6%
Analysis→Technical→

OTIS Key Insights

Otis Worldwide Corporation (OTIS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Healthy dividend yield of 2.1%
  • ✓Share count reduced 2.6% through buybacks
  • ✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

OTIS Price & Volume

Otis Worldwide Corporation (OTIS) stock price & volume — 10-year historical chart

Loading chart...

OTIS Growth Metrics

Otis Worldwide Corporation (OTIS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years2.5%
3 Years1.79%
TTM3.34%

Profit CAGR

10 Years-
5 Years8.84%
3 Years3.37%
TTM-3.52%

EPS CAGR

10 Years-
5 Years10.97%
3 Years5.74%
TTM-1.31%

Return on Capital

10 Years49.97%
5 Years54.77%
3 Years62.28%
Last Year64.99%

OTIS Recent Earnings

Otis Worldwide Corporation (OTIS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 22, 2026
EPS
$0.89
Est $0.91
-2.2%
Revenue
$3.6B
Est $3.5B
+1.8%
Q1 2026
Jan 28, 2026
EPS
$1.03
Est $1.04
-1.0%
Revenue
$3.8B
Est $3.9B
-2.3%
Q4 2025
Oct 29, 2025
EPS
$1.05
Est $1.01
+4.0%
Revenue
$3.7B
Est $3.7B
+0.8%
Q3 2025
Jul 23, 2025
EPS
$1.05
Est $1.03
+1.9%
Revenue
$3.6B
Est $3.7B
-2.0%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 22, 2026
$0.89vs $0.91-2.2%
$3.6Bvs $3.5B+1.8%
Q1 2026Jan 28, 2026
$1.03vs $1.04-1.0%
$3.8Bvs $3.9B-2.3%
Q4 2025Oct 29, 2025
$1.05vs $1.01+4.0%
$3.7Bvs $3.7B+0.8%
Q3 2025Jul 23, 2025
$1.05vs $1.03+1.9%
$3.6Bvs $3.7B-2.0%
Based on last 12 quarters of dataView full earnings history →

OTIS Peer Comparison

Otis Worldwide Corporation (OTIS) competitors in Motors, drives and motion control — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CARR logoCARRCarrier Global CorporationDirect Competitor56.07B67.1139.48-3.29%6.03%9.13%0.90
TT logoTTTrane Technologies plcDirect Competitor103.99B469.8236.207.48%13.42%34.69%0.54
JCI logoJCIJohnson Controls International plcDirect Competitor85.23B139.2552.952.81%14.45%24.88%0.86
ALLE logoALLEAllegion plcDirect Competitor11.76B136.8018.397.82%15.24%32.08%1.10
FELE logoFELEFranklin Electric Co., Inc.Product Competitor4.41B99.9430.755.44%6.91%11.44%0.21
RXO logoRXORXO, Inc.Product Competitor3.81B23.15-39.2426.2%-1.6%-5.86%0.56
NDSN logoNDSNNordson CorporationProduct Competitor15.83B284.1333.393.78%18.39%16.81%0.69
ITT logoITTITT Inc.Product Competitor18.56B207.6433.988.48%10.8%13.01%0.23

Compare OTIS vs Peers

Otis Worldwide Corporation (OTIS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CARR

Most directly comparable listed peer for OTIS.

Scale Benchmark

vs PWR

Larger-name benchmark to compare OTIS against a more recognizable public peer.

Peer Set

Compare Top 5

vs CARR, TT, JCI, ALLE

OTIS Income Statement

Otis Worldwide Corporation (OTIS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Sales/Revenue12.32B12.91B13.12B12.76B14.3B13.69B14.21B14.26B14.43B14.65B
Revenue Growth %-4.8%1.57%-2.76%12.09%-4.29%3.83%0.37%1.19%3.34%
Cost of Goods Sold8.62B9.19B9.29B8.98B10.11B9.77B10.02B10B10.06B10.2B
COGS % of Revenue69.96%71.15%70.83%70.37%70.67%71.36%70.49%70.15%69.72%-
Gross Profit
3.7B▲ 0%
3.73B▲ 0.6%
3.83B▲ 2.7%
3.78B▼ 1.2%
4.19B▲ 11.0%
3.92B▼ 6.5%
4.19B▲ 7.0%
4.26B▲ 1.5%
4.37B▲ 2.7%
4.45B▲ 0%
Gross Margin %30.04%28.85%29.17%29.63%29.33%28.64%29.51%29.85%30.28%30.39%
Gross Profit Growth %-0.65%2.68%-1.23%10.96%-6.51%6.96%1.53%2.65%-
Operating Expenses1.79B1.89B2.01B2.14B2.08B1.89B2.01B2.25B2.24B2.19B
OpEx % of Revenue14.49%14.64%15.34%16.78%14.58%13.79%14.12%15.77%15.5%-
Selling, General & Admin1.65B1.74B1.81B1.92B1.95B1.73B1.82B1.82B1.98B2.02B
SG&A % of Revenue13.37%13.43%13.8%15.08%13.62%12.61%12.83%12.75%13.71%-
Research & Development175M181M163M152M159M150M144M152M152M153M
R&D % of Revenue1.42%1.4%1.24%1.19%1.11%1.1%1.01%1.07%1.05%-
Other Operating Expenses-37M-25M39M64M-22M12M40M279M106M2M
Operating Income
1.92B▲ 0%
1.83B▼ 4.2%
1.81B▼ 1.1%
1.64B▼ 9.6%
2.11B▲ 28.6%
2.03B▼ 3.6%
2.19B▲ 7.5%
2.01B▼ 8.1%
2.13B▲ 6.2%
2.26B▲ 0%
Operating Margin %15.55%14.21%13.83%12.85%14.74%14.86%15.38%14.08%14.78%15.44%
Operating Income Growth %--4.23%-1.14%-9.65%28.62%-3.56%7.53%-8.14%6.23%-
EBITDA2.09B2.02B1.99B1.83B2.31B2.22B2.38B2.19B2.31B2.44B
EBITDA Margin %16.98%15.68%15.2%14.35%16.16%16.25%16.74%15.35%15.99%16.62%
EBITDA Growth %--3.25%-1.53%-8.22%26.28%-3.76%6.97%-7.99%5.44%18.55%
D&A (Non-Cash Add-back)177M190M180M191M203M191M193M181M175M174M
EBIT2B1.83B1.81B1.64B2.11B2.07B2.25B2.05B2.13B2.26B
Net Interest Income21M14M14M-122M-136M-143M-150M31M-196M-210M
Interest Income61M51M53M0000000
Interest Expense40M37M39M122M136M143M150M-31M196M210M
Other Income/Expense41M58M47M-128M-147M-145M-155M31M-199M-213M
Pretax Income
1.96B▲ 0%
1.89B▼ 3.3%
1.86B▼ 1.7%
1.51B▼ 18.8%
1.96B▲ 29.8%
1.89B▼ 3.7%
2.03B▲ 7.6%
2.04B▲ 0.4%
1.93B▼ 5.1%
2.05B▲ 0%
Pretax Margin %15.88%14.66%14.19%11.85%13.72%13.8%14.29%14.3%13.4%13.98%
Income Tax1.15B683M594M455M541M519M533M305M479M496M
Effective Tax Rate %58.66%36.08%31.92%30.11%27.59%27.49%26.24%14.96%24.77%24.22%
Net Income
636M▲ 0%
1.05B▲ 64.9%
1.12B▲ 6.4%
906M▼ 18.8%
1.25B▲ 37.5%
1.25B▲ 0.6%
1.41B▲ 12.2%
1.65B▲ 17.0%
1.38B▼ 15.9%
1.48B▲ 0%
Net Margin %5.16%8.12%8.51%7.1%8.71%9.16%9.9%11.54%9.59%10.11%
Net Income Growth %-64.94%6.39%-18.82%37.53%0.56%12.21%17%-15.87%-3.52%
Net Income (Continuing)809M1.21B1.27B1.06B1.42B1.37B1.5B1.73B1.46B1.55B
Discontinued Operations0000000000
Minority Interest698M646M626M661M641M206M204M120M121M245M
EPS (Diluted)
1.47▲ 0%
2.42▲ 64.9%
2.58▲ 6.4%
2.08▼ 19.3%
2.89▲ 38.9%
2.96▲ 2.4%
3.39▲ 14.5%
4.07▲ 20.1%
3.50▼ 14.0%
3.80▲ 0%
EPS Growth %-64.94%6.39%-19.28%38.94%2.42%14.53%20.06%-14%-1.31%
EPS (Basic)1.472.422.582.092.912.983.424.103.53-
Diluted Shares Outstanding436.4M433.1M433.11M434.6M431.4M423M414.6M404.4M393.68M389.6M
Basic Shares Outstanding433.1M433.1M433.11M433.2M427.7M420M411.4M401.7M393.68M388.1M
Dividend Payout Ratio---28.7%31.54%37.11%38.34%36.84%46.75%-

OTIS Balance Sheet

Otis Worldwide Corporation (OTIS) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Current Assets5.51B5.61B5.66B6.49B8.26B6.14B6.4B7.67B6.5B6.46B
Cash & Short-Term Investments1.55B1.33B1.45B1.78B1.56B1.19B1.27B2.3B1.1B834M
Cash Only1.55B1.33B1.45B1.78B1.56B1.19B1.27B2.3B1.1B834M
Short-Term Investments0000000000
Accounts Receivable2.54B3.38B3.39B3.61B3.78B4.02B4.25B4.13B4.39B4.67B
Days Sales Outstanding75.2395.4494.32103.1896.55107.25109.3105.81110.96103.27
Inventory1.1B637M571M659M622M617M612M557M613M669M
Days Inventory Outstanding46.6625.322.4326.7922.4723.0622.320.3222.2422.59
Other Current Assets316M269M251M446M2.29B316M259M679M405M290M
Total Non-Current Assets3.58B3.52B4.03B4.22B4.02B3.68B3.72B3.65B4.15B4.08B
Property, Plant & Equipment626M678M1.26B1.32B1.3B1.17B1.14B1.12B1.3B1.3B
Fixed Asset Turnover19.69x19.05x10.44x9.69x11.00x11.72x12.43x12.70x11.13x11.35x
Goodwill1.74B1.69B1.65B1.77B1.67B1.57B1.59B1.55B1.7B1.68B
Intangible Assets659M569M490M484M419M369M335M311M343M333M
Long-Term Investments00008M6M6M10M07M
Other Non-Current Assets555M588M636M644M624M566M645M654M817M3.16B
Total Assets
9.09B▲ 0%
9.13B▲ 0.5%
9.69B▲ 6.0%
10.71B▲ 10.6%
12.28B▲ 14.6%
9.82B▼ 20.0%
10.12B▲ 3.0%
11.32B▲ 11.9%
10.65B▼ 5.9%
10.54B▲ 0%
Asset Turnover1.36x1.41x1.35x1.19x1.16x1.39x1.40x1.26x1.35x1.38x
Asset Growth %-0.51%6.04%10.56%14.65%-20.03%3.03%11.85%-5.86%-0.12%
Total Current Liabilities4.93B5.3B5.37B6.67B6.25B6.84B6.48B7.75B7.66B7.72B
Accounts Payable1.3B1.35B1.33B1.45B1.56B1.72B1.88B1.88B2.14B1.98B
Days Payables Outstanding55.1753.6652.2859.0856.264.1868.4468.5677.7168.14
Short-Term Debt17M27M34M701M24M670M32M1.35B1.06B939M
Deferred Revenue (Current)02.33B2.27B2.54B2.67B2.66B2.7B2.6B05.62B
Other Current Liabilities2.12B00747M749M699M656M633M4.46B4.81B
Current Ratio1.12x1.06x1.05x0.97x1.32x0.90x0.99x0.99x0.85x0.85x
Quick Ratio0.89x0.94x0.95x0.87x1.22x0.81x0.89x0.92x0.77x0.77x
Cash Conversion Cycle66.7267.0864.4770.962.8166.1363.1757.5755.4957.71
Total Non-Current Liabilities01.62B1.99B7.24B9.02B7.64B8.36B8.29B8.27B8.25B
Long-Term Debt005M5.26B7.25B6.1B6.87B6.97B7.3B6.88B
Capital Lease Obligations00386M367M336M315M292M298M397M1.58B
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities01.62B1.6B1.61B1.43B1.23B1.2B1.02B574M3.55B
Total Liabilities4.93B6.92B7.36B13.91B15.26B14.48B14.84B16.04B15.92B15.98B
Total Debt17M27M565M6.5B7.79B7.21B7.31B8.74B8.75B8.22B
Net Debt-1.54B-1.3B-881M4.71B6.22B6.02B6.03B6.44B7.65B7.38B
Debt / Equity0.01x0.01x0.24x-------1.51x
Debt / EBITDA0.01x0.01x0.28x3.55x3.37x3.24x3.07x3.99x3.79x3.37x
Net Debt / EBITDA-0.73x-0.64x-0.44x2.58x2.69x2.71x2.54x2.94x3.32x3.32x
Interest Coverage49.93x49.59x46.51x13.43x15.50x14.48x14.98x66.16x10.88x10.77x
Total Equity
2.66B▲ 0%
2.21B▼ 16.8%
2.33B▲ 5.0%
-3.2B▼ 237.6%
-2.98B▲ 6.8%
-4.66B▼ 56.3%
-4.72B▼ 1.2%
-4.73B▼ 0.2%
-5.27B▼ 11.5%
-5.43B▲ 0%
Equity Growth %--16.82%5.01%-237.62%6.78%-56.3%-1.2%-0.17%-11.48%-37.56%
Book Value per Share6.105.115.37-7.37-6.92-11.03-11.38-11.69-13.39-13.95
Total Shareholders' Equity1.97B1.57B1.7B-3.86B-3.63B-4.87B-4.92B-4.85B-5.39B-5.68B
Common Stock2.55B2.28B2.46B59M119M162M213M265M333M332M
Retained Earnings000-3.11B-2.26B-2.87B-2B-978M-440M-378M
Treasury Stock0000-725M-1.57B-2.38B-3.39B-4.2B-4.6B
Accumulated OCI-587M-708M-758M-815M-763M-592M-750M-745M-1.09B-1.03B
Minority Interest698M646M626M661M641M206M204M120M121M245M

OTIS Cash Flow Statement

Otis Worldwide Corporation (OTIS) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations1.45B1.55B1.47B1.48B1.75B1.56B1.63B1.56B1.6B1.6B
Operating CF Margin %11.77%12%11.2%11.6%12.24%11.4%11.45%10.96%11.06%-
Operating CF Growth %-6.9%-5.23%0.75%18.24%-10.86%4.29%-3.93%2.11%100.5%
Net Income636M1.05B1.12B906M1.25B1.25B1.41B1.65B1.46B1.48B
Depreciation & Amortization177M190M180M191M203M191M193M181M175M174M
Stock-Based Compensation0000000080M36M
Deferred Taxes-35M127M-8M-51M-92M-16M-61M-31M-104M-100M
Other Non-Cash Items709M199M214M284M239M183M156M112M-25M75M
Working Capital Changes-37M-15M-33M150M154M-51M-67M-344M15M140M
Change in Receivables-13M-354M-166M-163M-152M-309M-239M-68M-111M-236M
Change in Inventory-109M24M60M-76M14M-65M15M26M-25M-65M
Change in Payables119M166M-28M20M130M272M152M57M181M286M
Cash from Investing-186M-201M-203M-353M-89M-33M-183M-239M-406M-230M
Capital Expenditures-133M-172M-145M-183M-156M-115M-138M-126M-152M-151M
CapEx % of Revenue1.08%1.33%1.11%1.43%1.09%0.84%0.97%0.88%1.05%-
Acquisitions-53M-50M-47M-53M-80M15M-36M-162M0-90M
Investments----------
Other Investing018M-6M3M34M67M-9M58M-254M11M
Cash from Financing-1.4B-1.5B-1.13B-844M58M-3.65B-1.35B-234M-2.42B-2.69B
Debt Issued (Net)-1M11M6M5.9B1.35B-387M94M1.5B-663M-758M
Equity Issued (Net)0000-725M-850M-800M-1.01B-809M-956M
Dividends Paid000-260M-393M-465M-539M-606M-647M-655M
Share Repurchases0000-725M-850M-800M-1.01B-809M-956M
Other Financing-1.4B-1.51B-1.14B-6.49B-174M-1.95B-105M-118M-302M-318M
Net Change in Cash
0▲ 0%
1.33B▲ 0%
117M▼ 91.2%
336M▲ 187.2%
1.69B▲ 403.9%
-2.28B▼ 234.7%
86M▲ 103.8%
1.04B▲ 1110.5%
-1.22B▼ 216.8%
-1.1B▲ 0%
Free Cash Flow
1.32B▲ 0%
1.38B▲ 4.6%
1.32B▼ 3.9%
1.3B▼ 2.0%
1.59B▲ 22.9%
1.45B▼ 9.3%
1.49B▲ 3.0%
1.44B▼ 3.5%
1.44B▲ 0.5%
1.67B▲ 0%
FCF Margin %10.69%10.67%10.09%10.17%11.15%10.56%10.48%10.08%10.01%11.39%
FCF Growth %-4.63%-3.92%-2.04%22.9%-9.35%3.04%-3.49%0.49%14.8%
FCF per Share3.023.183.062.983.693.423.593.553.673.67
FCF Conversion (FCF/Net Income)2.28x1.48x1.32x1.63x1.40x1.25x1.16x0.95x1.15x1.13x
Interest Paid17M20M18M81M129M134M132M172M00
Taxes Paid692M607M632M561M552M562M546M586M00

OTIS Key Ratios

Otis Worldwide Corporation (OTIS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric20182019202020212022202320242025TTM
Return on Equity (ROE)43.01%49.15%-------27.95%
Return on Invested Capital (ROIC)134.99%115.39%83.09%66.5%66.32%122.81%99.5%78.09%78.09%
Gross Margin28.85%29.17%29.63%29.33%28.64%29.51%29.85%30.28%30.39%
Net Margin8.12%8.51%7.1%8.71%9.16%9.9%11.54%9.59%10.11%
Debt / Equity0.01x0.24x-------1.51x
Interest Coverage49.59x46.51x13.43x15.50x14.48x14.98x66.16x10.88x10.77x
FCF Conversion1.48x1.32x1.63x1.40x1.25x1.16x0.95x1.15x1.13x
Revenue Growth4.8%1.57%-2.76%12.09%-4.29%3.83%0.37%1.19%3.34%

OTIS SEC Filings & Documents

Otis Worldwide Corporation (OTIS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 22, 2026·SEC

Material company update

Jan 28, 2026·SEC

Material company update

Jan 20, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 5, 2026·SEC

FY 2025

Feb 4, 2025·SEC

FY 2024

Feb 2, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 23, 2026·SEC

FY 2025

Oct 30, 2025·SEC

FY 2025

Jul 24, 2025·SEC

OTIS Frequently Asked Questions

Otis Worldwide Corporation (OTIS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Otis Worldwide Corporation (OTIS) reported $14.65B in revenue for fiscal year 2025. This represents a 19% increase from $12.32B in 2017.

Otis Worldwide Corporation (OTIS) grew revenue by 1.2% over the past year. Growth has been modest.

Yes, Otis Worldwide Corporation (OTIS) is profitable, generating $1.48B in net income for fiscal year 2025 (9.6% net margin).

Dividend & Returns

Yes, Otis Worldwide Corporation (OTIS) pays a dividend with a yield of 2.12%. This makes it attractive for income-focused investors.

Otis Worldwide Corporation (OTIS) generated $1.67B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More OTIS

Otis Worldwide Corporation (OTIS) financial analysis — history, returns, DCA and operating performance tools

Full OTIS Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

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Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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