OTIS

Otis Worldwide
D

OTIS

Arincen73/100B

If you had invested in Otis Worldwide ago, it would be worth $1,307 today, against $2,284 in SPY and $2,421 in QQQ.

ArincenArincen ScoreBeta

73/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Otis Worldwide key facts

Style
Value stock · 7.5/10Growth 2.9 · Value 7.5 · Dividend 5.4
Day range
77.100 – 78.160
52-week range
63.575 – 94.570
Market capitalization
29.51B USD
P/E
19.19
PEG ratio
1.63
EPS
4.04
Div Yield
2.27%
EPS growth forecast (FY2026)
-0.1%
Volume
78,434
Beta
0.87
ESG score
59.7/100Environment 55 · Social 62 · Governance 63
Sector
Industrials
Industry
Industrial - Machinery
CEO
Judith F. Marks
Employees
72K
Website
otis.com
IPO date
19 Mar 2020

Otis Worldwide earnings

Next earnings · Q4 FY2026
EPS estimate
1.10 USD
Revenue estimate
3.98B USD
Last quarter · Q3 FY2026
EPS1.05Beat +4.0%Revenue3.91BBeat +1.6%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q1 FY20271.02——+14.44%3.70B——+3.87%
Q4 FY20261.10——+6.80%3.98B——+4.72%
Q3 FY20261.011.05+3.96%0.00%3.85B3.91B+1.59%+6.07%
Q2 FY20261.011.010.00%-3.81%3.76B3.86B+2.59%+7.34%
Q1 FY20260.900.89-0.67%-3.26%3.50B3.57B+1.75%+6.45%
Q4 FY20251.041.03-0.96%+10.75%3.89B3.80B-2.32%+3.29%
Q3 FY20251.011.05+3.96%+9.38%3.66B3.69B+0.85%+4.00%
Q2 FY20251.031.05+1.94%-0.94%3.67B3.60B-2.05%-0.17%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Otis Worldwide analyst forecast

12-month price target
85.80 USD
+10.70%

Analysts' 1-year price targets range from 75.00 to 95.00, with an average of 85.80.

Past year
1-year forecast
Strong sellStrong buy
Buy
7 ratings
Buy
4
Hold
1
Sell
2

12-month price target

Highest target95.00
Average target85.80
Lowest target75.00
Current price77.51

Otis Worldwide valuation

Price to earnings ratio (TTM)
19.19
Forward P/E (FY2026)
19.16
Price to sales (TTM)
1.95
EV / EBITDA (TTM)
14.99

Capital structure

Market capitalization
29.51B USD
+
Total debt
8.69B USD
−
Cash and short-term investments
866.00M USD
=
Enterprise value
37.34B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)15.58————
FY2027 (est.)17.2615.58———
FY2026 (est.)19.1617.26———
Now (TTM)19.1917.481.95—14.99
FY202524.7521.602.38-6.3818.24
FY202422.5922.772.61-7.6719.55
FY202326.1623.292.59-7.4817.56
FY202226.2822.252.40-6.7517.20
FY202129.9227.702.60-10.2718.90

Otis Worldwide against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Ingersoll Rand, Dover, Xylem, Rockwell Automation, Symbotic, and Carrier Global, the US Industrial - Machinery companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median19.2
    16.430.7
  • Gross marginHighest in 5 years30.3%
    28.6%30.3%
    Against its peers: 5 of 7Peers' median 38.5%
  • Operating marginAt its median14.8%
    14.1%15.4%
    Against its peers: 4 of 7Peers' median 15.3%
  • Net marginAt its median9.6%
    8.7%11.5%
    Against its peers: 4 of 7Peers' median 9.1%
  • Free cash flow marginLowest in 5 years10.0%
    10.0%11.1%
    Against its peers: 6 of 7Peers' median 14.9%
  • Revenue growthAt its median1.2%
    -4.3%12.1%
    Against its peers: 6 of 7Peers' median 5.6%
  • EPS growthLowest in 5 years-14.0%
    -14.0%38.9%
    Against its peers: 3 of 6Peers' median -29.6%
  • Debt to EBITDAAbove its median3.80×
    2.99×3.92×
    Against its peers: 6 of 6Peers' median 2.03×
  • Current ratioLowest in 5 years0.85
    0.851.32
    Against its peers: 7 of 7Peers' median 1.71

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Otis Worldwide growth and profitability

Revenue (TTM)
15.14B USD
Net income (TTM)
1.56B USD
Gross margin
29.86%
Operating margin
15.35%
Net margin
10.28%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202514.43B+1.19%1.38B-15.87%30.28%14.78%9.59%2.31B+3.27%
FY202414.26B+0.37%1.65B+17.00%29.85%14.08%11.53%2.23B-8.52%
FY202314.21B+3.83%1.41B+12.21%29.51%15.38%9.90%2.44B+7.87%
FY202213.69B-4.29%1.25B+0.56%28.64%14.86%9.16%2.26B-1.65%
FY202114.30B+12.09%1.25B+37.53%29.33%14.74%8.71%2.30B+25.68%

Otis Worldwide revenue breakdown

By product

FY2025
Services: 65.4%New Equipment: 34.6%65.4%Services34.6%New Equipment
SegmentRevenueShare of revenueChange on the year
Services9.44B65.4%+6.2%
New Equipment4.99B34.6%-7.0%

By region

FY2025
Other: 59.5%United States: 29.0%China: 11.4%59.5%Other29.0%United States11.4%China
RegionRevenueShare of revenueChange on the year
Other8.59B59.5%+6.0%
United States4.19B29.0%-1.1%
China1.65B11.4%-14.0%

How Otis Worldwide makes its money

Services9.44B 65.4%
New Equipment4.99B 34.6%
Revenue14.43B 100.0%
Cost of revenue10.06B 69.7%
Gross profit4.37B 30.3%
Research and development152.00M 1.1%
Selling and administration1.98B 13.7%
Other operating expenses106.00M 0.7%
Operating income2.13B 14.8%
Tax479.00M 3.3%
Other expense270.00M 1.9%
Net income1.38B 9.6%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Otis Worldwide dividends

Annual dividend
1.76 USD
Dividend yield (indicated)
2.27%
Payout ratio
43.07%
Years of dividend growth
6
Frequency
Quarterly
Next payment
0.44 USD
Last ex-dividend date
13 Nov 2026
Next payment date
11 Dec 2026

Dividends per share

Year202520242023202220212020
Dividends per share1.651.511.311.110.920.60

Otis Worldwide financial health

Cash and short-term investments
866.00M USD
Total debt
8.69B USD
Net cash
-7.83B USD
Free cash flow (TTM)
1.67B USD
Current ratio
0.86
Piotroski score
7 / 9
Altman Z-score
3.00

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20251.10B8.75B1.44B
FY20242.30B8.74B1.44B
FY20231.27B7.31B1.49B
FY20221.19B7.21B1.45B
FY20211.57B7.79B1.59B

Otis Worldwide ownership

Institutions
92.54%
Institutional holders
1,253 (-18)
Free float
99.90%

Who owns the shares

Institutions 92.5% Others 7.5%
As of 30 Jun 2026

Shares free to trade

Free float 380.32M shares ·99.9% Closely held 390.88K shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026032.81K5.86K
Q3 2026003.07K4.47K
Q2 20260131.78K3.73K
Q1 202607531.38K663.90K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025393.68M393.68M-2.65%
FY2024401.70M404.40M-2.46%
FY2023411.40M414.60M-1.99%
FY2022420.00M423.00M-1.95%
FY2021427.70M431.40M-0.74%

Source: Financial Modeling PrepVerified against SEC filings

Related Instruments

Title: Otis Worldwide Corp

Sector: Industrials
Industry: Industrial - Machinery
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.

Common questions about Otis Worldwide stock