Otis Worldwide Corporation (OTIS) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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OTIS Revenue Growth
Revenue Breakdown (FY 2025)
OTIS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
OTIS Revenue Analysis (2017–2025)
As of May 8, 2026, Otis Worldwide Corporation (OTIS) generated trailing twelve-month (TTM) revenue of $14.65 billion, reflecting solid growth of +6.4% year-over-year. The most recent quarter (Q1 2026) recorded $3.57 billion in revenue, down 6.1% sequentially.
Looking at the longer-term picture, OTIS's 5-year compound annual growth rate (CAGR) stands at +2.5%, indicating moderate growth over time. The company achieved its highest annual revenue of $14.43 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows OTIS's business is primarily driven by Services (65%), and New Equipment (35%). With over half of revenue concentrated in Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including CARR (-1.9% YoY), TT (+6.4% YoY), and JCI (+5.1% YoY), OTIS has underperformed the peer group in terms of revenue growth. Compare OTIS vs CARR →
OTIS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| OTISCurrent | $14.6B | +6.4% | +2.5% | 14.8% | |
 CARR | $21.7B | -1.9% | +4.5% | 9.9% | |
 TT | $21.3B | +6.4% | +11.4% | 18.6% | |
 JCI | $23.6B | +5.1% | +1.1% | 12.0% | |
 ALLE | $4.1B | +8.9% | +8.4% | 21.1% | |
 FELE | $2.1B | +8.0% | +11.3% | 12.7% |
OTIS Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.43B | +1.2% | $4.37B | 30.3% | $2.13B | 14.8% |
| 2024 | $14.26B | +0.4% | $4.26B | 29.9% | $2.01B | 14.1% |
| 2023 | $14.21B | +3.8% | $4.19B | 29.5% | $2.19B | 15.4% |
| 2022 | $13.69B | -4.3% | $3.92B | 28.6% | $2.03B | 14.9% |
| 2021 | $14.30B | +12.1% | $4.19B | 29.3% | $2.11B | 14.7% |
| 2020 | $12.76B | -2.8% | $3.78B | 29.6% | $1.64B | 12.8% |
| 2019 | $13.12B | +1.6% | $3.83B | 29.2% | $1.81B | 13.8% |
| 2018 | $12.91B | +4.8% | $3.73B | 28.9% | $1.83B | 14.2% |
| 2017 | $12.32B | - | $3.70B | 30.0% | $1.92B | 15.5% |
Full OTIS Stock Analysis
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Start ComparisonOTIS — Frequently Asked Questions
Quick answers to the most common questions about buying OTIS stock.
Is OTIS's revenue growth accelerating or slowing?
OTIS maintains +6.4% revenue growth, in line with its 5-year CAGR of +2.5%. TTM revenue stands at $14.6B. Growth rate remains consistent with historical average.
What is OTIS's long-term revenue growth rate?
Otis Worldwide Corporation's 5-year revenue CAGR of +2.5% reflects the sustained expansion pattern. Current YoY growth of +6.4% is near this long-term average.
How is OTIS's revenue distributed by segment?
OTIS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.