Otis Worldwide Corporation logo

Otis Worldwide Corporation

OTIS

NYSEIndustrialsIndustrial - Machinery

Previous close

$71.49

−$0.28 · -0.39%

Aug 21, 4:00 PM ET

OTIS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

74

Undervalued

Momentum

33

Weakening

Sentiment

61

Bullish

Risk resilience

68

Moderate Risk

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Company profile

Company website

Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
US
CEO
Judith F. Marks
Listed since
Mar 19, 2020
Employees
72,000

Market position

Day range

Current $71.49

52-week range

Current $71.49

Open
$72.30
Previous close
$71.77
Volume
2.05M
0.54× average
Average volume
3.78M
Average daily volume
Market cap
27.21B USD
Beta
0.88
Market reference 1
50-day average
$72.5126
-1.41% below average
200-day average
$80.9246
-11.66% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
18.28×
P/B (TTM)
-4.79×
P/S (TTM)
1.83×
Dividend yield
2.41%

Profitability & efficiency

Gross margin
30.17%
Operating margin
15.35%
Net margin
10.17%

Financial health

Debt / equity
-1.54×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%24%15%7%Gross margin, FY2021: 29.33%Gross margin, FY2022: 28.64%Gross margin, FY2023: 29.51%Gross margin, FY2024: 29.85%Gross margin, FY2025: 30.28%Operating margin, FY2021: 14.74%Operating margin, FY2022: 14.86%Operating margin, FY2023: 15.38%Operating margin, FY2024: 14.08%Operating margin, FY2025: 14.78%Net margin, FY2021: 8.71%Net margin, FY2022: 9.16%Net margin, FY2023: 9.90%Net margin, FY2024: 11.53%Net margin, FY2025: 9.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 29.33%. Gross margin FY2022 28.64%. Gross margin FY2023 29.51%. Gross margin FY2024 29.85%. Gross margin FY2025 30.28%. Operating margin FY2021 14.74%. Operating margin FY2022 14.86%. Operating margin FY2023 15.38%. Operating margin FY2024 14.08%. Operating margin FY2025 14.78%. Net margin FY2021 8.71%. Net margin FY2022 9.16%. Net margin FY2023 9.90%. Net margin FY2024 11.53%. Net margin FY2025 9.59%.

Income trends

Revenue

14.43B USD+1.19%

Operating income

2.13B USD+6.23%

Net income

1.38B USD-15.87%
Income trends across reported periods15.75B USD10.48B USD5.2B USD−72.5M USDRevenue, FY2021: 14.3B USDRevenue, FY2022: 13.69B USDRevenue, FY2023: 14.21B USDRevenue, FY2024: 14.26B USDRevenue, FY2025: 14.43B USDOperating income, FY2021: 2.11B USDOperating income, FY2022: 2.03B USDOperating income, FY2023: 2.19B USDOperating income, FY2024: 2.01B USDOperating income, FY2025: 2.13B USDNet income, FY2021: 1.25B USDNet income, FY2022: 1.25B USDNet income, FY2023: 1.41B USDNet income, FY2024: 1.65B USDNet income, FY2025: 1.38B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 14.3B USD. Revenue FY2022 13.69B USD. Revenue FY2023 14.21B USD. Revenue FY2024 14.26B USD. Revenue FY2025 14.43B USD. Operating income FY2021 2.11B USD. Operating income FY2022 2.03B USD. Operating income FY2023 2.19B USD. Operating income FY2024 2.01B USD. Operating income FY2025 2.13B USD. Net income FY2021 1.25B USD. Net income FY2022 1.25B USD. Net income FY2023 1.41B USD. Net income FY2024 1.65B USD. Net income FY2025 1.38B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue14.43B USD14.26B USD14.21B USD13.69B USD14.3B USD
Cost of goods sold10.06B USD10B USD10.02B USD9.77B USD10.11B USD
Gross profit4.37B USD4.26B USD4.19B USD3.92B USD4.19B USD
Research and development152M USD152M USD144M USD150M USD159M USD
Selling, general, and administrative1.98B USD1.82B USD1.82B USD1.73B USD1.95B USD
Operating expenses2.24B USD2.25B USD2.01B USD1.89B USD2.09B USD
Interest expense196M USD−31M USD150M USD143M USD136M USD
Depreciation and amortization175M USD181M USD193M USD191M USD203M USD
Operating income2.13B USD2.01B USD2.19B USD2.03B USD2.11B USD
Net income1.38B USD1.65B USD1.41B USD1.25B USD1.25B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 4 misses, 1 met estimate
Average EPS surprise
+0.82%
11 comparable reports
Latest EPS result
1.01
Estimate 1.01 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.091.010.930.85Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MetQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 0.93, estimate 0.95, surprise -2.11%, Miss. Q2 2025, reported Apr 23, 2025: actual 0.92, estimate 0.896, surprise +2.68%, Beat. Q3 2025, reported Jul 23, 2025: actual 1.05, estimate 1.03, surprise +1.94%, Beat. Q4 2025, reported Oct 29, 2025: actual 1.05, estimate 1.01, surprise +3.96%, Beat. Q1 2026, reported Jan 28, 2026: actual 1.03, estimate 1.04, surprise -0.96%, Miss. Q2 2026, reported Apr 22, 2026: actual 0.89, estimate 0.896, surprise -0.67%, Miss. Q3 2026, reported Jul 22, 2026: actual 1.01, estimate 1.01, surprise 0.00%, Met estimate. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.99, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates4.04B3.76B3.48B3.19BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 3.68B USD, estimate 3.64B USD, surprise +0.92%, Beat. Q2 2025, reported Apr 23, 2025: actual 3.35B USD, estimate 3.38B USD, surprise -0.79%, Miss. Q3 2025, reported Jul 23, 2025: actual 3.6B USD, estimate 3.67B USD, surprise -2.05%, Miss. Q4 2025, reported Oct 29, 2025: actual 3.69B USD, estimate 3.66B USD, surprise +0.85%, Beat. Q1 2026, reported Jan 28, 2026: actual 3.8B USD, estimate 3.89B USD, surprise -2.32%, Miss. Q2 2026, reported Apr 22, 2026: actual 3.57B USD, estimate 3.5B USD, surprise +1.75%, Beat. Q3 2026, reported Jul 22, 2026: actual 3.86B USD, estimate 3.76B USD, surprise +2.59%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 3.84B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

15 ratings
Strong buy00%
Buy747%
Hold747%
Sell17%
Strong sell00%

OTIS news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.65

2025 complete year+79.3% since 2021

2026 partial: $1.30

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 14, 2026

$0.44

Quarterly

Record Aug 14, 2026 · Payment Sep 11, 2026

Dividend

Ex-dividend May 15, 2026

$0.44

Quarterly

Record May 15, 2026 · Payment Jun 12, 2026

Dividend

Ex-dividend Feb 13, 2026

$0.42

Quarterly

Record Feb 13, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Nov 14, 2025

$0.42

Quarterly

Record Nov 14, 2025 · Payment Dec 5, 2025

Dividend

Ex-dividend Aug 15, 2025

$0.42

Quarterly

Record Aug 15, 2025 · Payment Sep 5, 2025

Dividend

Ex-dividend May 16, 2025

$0.42

Quarterly

Record May 16, 2025 · Payment Jun 6, 2025

OTIS peers

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