73/100BOtis Worldwide company profile
- CEO
- Judith F. Marks
- Employees
- 72,000
- Headquarters
- One Carrier Place, Farmington, CT 06032, US
- Sector
- Industrials
- Industry
- Industrial - Machinery
- IPO date
- 19 Mar 2020
- Stock exchange
- NYSE
- ISIN
- US68902V1070
Website:otis.com
About the company
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.
Employees
Otis Worldwide had about 72,000 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 0.0% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Otis Worldwide
Institutions such as funds, banks and insurers held 92.5% of Otis Worldwide's shares on 30 June 2026, 1,253 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
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.
Common questions about Otis Worldwide
Source: Financial Modeling PrepVerified against SEC filings