Otis Worldwide Corp (OTIS)

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.

Symbol: OTIS
Exchange: NYSE
Sector: Industrials
Industry: Specialty Industrial Machinery
Market cap: $24.51B
52 week range: 63.58 - 94.57

Valuation

Share price: $64.05 (close of 2026-10-02)
P/E (TTM): 16.38x
Price to book: -4.41x
Price to free cash flow: 14.31x
Enterprise value: $32.54B
Book value per share: $-14.53

Price performance

Period	Change
1 day	-0.67%
5 days	-2.87%
1 month	-9.57%
3 months	-12.43%
6 months	-17.74%
Year to date	-26.67%
1 year	-30.56%
3 years	-19.43%
5 years	-22.36%
All time	+41.55%

Members of Congress who disclosed OTIS trades

Lisa McClain · Ritchie Torres · Alan Armstrong · John Boozman · Kevin Hern

Super investors holding OTIS

Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates) · First Eagle Investment (First Eagle Investment Management, LLC) · Dodge & Cox (Dodge & Cox Funds)

Profitability and growth

Return on equity: -25.89%
Return on invested capital: 79.94%
Return on assets: 12.99%
Return on capital employed: 71.17%
Gross margin: 29.55%
Net margin: 9.59%
EBITDA margin: 15.99%
Revenue growth: 1.19%
Net income growth: -15.87%
Free cash flow growth: 0.49%

Cash flow and balance sheet

Free cash flow yield (TTM): 6.99%
Current ratio: 0.83x
Net debt to EBITDA: 3.15x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $14.43B
Cost of revenue: $10.17B
Gross profit: $4.26B
EBITDA: $2.31B
Net income: $1.38B
Earnings per share: $3.52
Research and development: $152.00M
Shares outstanding: 392.80M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$14.43B	$4.26B	$1.38B	$3.52
2024-12-31	$14.26B	$4.02B	$1.65B	$4.10
2023-12-31	$14.21B	$4.21B	$1.41B	$3.42
2022-12-31	$13.69B	$3.95B	$1.25B	$2.98
2021-12-31	$14.30B	$4.21B	$1.25B	$2.91
2020-12-31	$12.76B	$3.71B	$906.00M	$2.09
2019-12-31	$13.12B	$3.79B	$1.12B	$2.55
2018-12-31	$12.91B	$3.75B	$1.05B	$2.42

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	29.55%	9.59%	-25.89%	79.94%
2024-12-31	28.20%	11.53%	-34.38%	102.78%
2023-12-31	29.66%	9.90%	-28.96%	140.32%
2022-12-31	28.83%	9.16%	-26.11%	123.90%
2021-12-31	29.48%	8.71%	-39.63%	50.86%
2020-12-31	29.12%	7.10%	-26.69%	191.28%
2019-12-31	28.87%	8.51%	52.44%	100.58%
2018-12-31	29.04%	8.12%	52.14%	95.52%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$1.10B	$6.90B
2024-12-31	$2.30B	$6.97B
2023-12-31	$1.27B	$6.87B
2022-12-31	$1.19B	$6.10B
2021-12-31	$1.56B	$7.25B
2020-12-31	$1.78B	$5.26B
2019-12-31	$1.45B	$5.00M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$1.44B	$80.00M
2024-12-31	$1.44B	$73.00M
2023-12-31	$1.49B	$64.00M
2022-12-31	$1.45B	$67.00M
2021-12-31	$1.59B	$65.00M
2020-12-31	$1.30B	$63.00M
2019-12-31	$1.32B	$37.00M
2018-12-31	$1.38B	$38.00M

Dividend history

Most recent payment: 2026-08-14
Paid in the last twelve months: $1.72

Payment date	Dividend per share
2026-08-14	$0.44
2026-05-15	$0.44
2026-02-13	$0.42
2025-11-14	$0.42
2025-08-15	$0.42
2025-05-16	$0.42
2025-02-14	$0.39
2024-11-15	$0.39

Investor relations

Next earnings report

Next confirmed report: 2026-11-04
Consensus EPS estimate: $1.00

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-22	Jun/2026	$1.00
2026-04-22	Mar/2026	$0.91
2026-01-28	Dec/2025	$1.03
2025-10-29	Sep/2025	$1.00
2025-07-23	Jun/2025	$1.02
2025-04-23	Mar/2025	$0.91
2025-01-29	Dec/2024	$0.95
2024-10-30	Sep/2024	$0.97

Filings and sources

Company website: otis.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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