Otis Worldwide Corp
About Otis Worldwide Corp
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
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Financial summary
- Revenue FY2025
- $14.4B
- Net income
- $1.4B
- Total assets
- $10.7B
- Market cap
- $27.0B
- Operating margin
- 14.8%
- Net margin
- 10.1%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $14.4B
- Operating expenses
- $12.3B
- Operating income
- $2.1B
- Income tax
- $479.0M
- Net income
- $1.5B
- EPS (basic)
- $3.52
- EPS (diluted)
- $3.50
Balance sheet
- Total assets
- $10.7B
- Current assets
- $6.5B
- Total liabilities
- $15.9B
- Current liabilities
- $7.7B
- Shareholders’ equity
- -$5.3B
Cash flow
- Operating cash flow
- $1.6B
- Investing cash flow
- -$406.0M
- Financing cash flow
- -$2.4B
- Net cash flow
- -$1.2B
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $27.0B
- P/E ratio
- 19.9
- EPS (diluted)
- $3.5
- Dividend yield
- 2.53%
- Shares outstanding
- 387.6M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Mar 18, 2020
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $1.4B in FY2025.
- Revenue grew 13% from FY2020 to FY2025.
- Trading 31% below its 52-week high.
- Pays a dividend yielding about 2.53% annually.
- Valued at a price-to-earnings (P/E) ratio of 19.9.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about Otis Worldwide Corp
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