OTIS — Otis Worldwide Corp
NYSE · Industrials · Specialty Industrial Machinery
$70.81
+$0.21 (+0.29%)
Otis Worldwide Corp (OTIS) is a specialty industrial machinery company listed on NYSE. It is led by Judith F. Marks, based in One Carrier Place, Farmington, CT, United States, 06032, with about 72,000 employees. Otis Worldwide Corporation engages in manufacturing, installation, and servicing of 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. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
Latest reported OTIS revenue for 2025-09-30 was $3.69B. Net income was $392.0M. Revenue was up 2.6% from 2025-06-30 to 2025-09-30. OTIS currently screens at market cap $27.90B and trailing P/E 19.3.
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About Otis Worldwide Corp
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of 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. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
OTIS Key Statistics
Market Cap
$27.90B
Volume
2.47M
Previous Close
$72.19
Day Range
$71.45 – $72.26
P/E Ratio
19.34
P/B Ratio
13.20
EPS
$4.07
Revenue
$14.26B
Net Income
$1.73B
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
2.29%
Revenue Growth
+0.4%
Profit Margin
12.2%
Employees
72,000
OTIS Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $14.26B | $14.21B | $13.69B | $14.30B |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $1.73B | $1.50B | $1.37B | $1.42B |
| EPS (Diluted) | $4.07 | $3.39 | $2.96 | $2.89 |
Total Assets
$11.32B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$2.30B
Operating Cash Flow
$1.56B
Free Cash Flow
$0.00
Otis Worldwide Corp Company Information
- Chair, President & CEO
- Judith F. Marks
- Headquarters
- One Carrier Place, Farmington, CT, United States, 06032
- Website
- www.otis.com
- Phone
- 860 674 3000
- IPO / Founded
- 2020-03-19
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery