Otis Worldwide Corporation (OTIS)
| Market Cap | 28.08B |
| Revenue (ttm) | 14.65B |
| Net Income (ttm) | 1.48B |
| Shares Out | 383.72M |
| EPS (ttm) | 3.76 |
| PE Ratio | 19.56 |
| Forward PE | 17.13 |
| Dividend | $1.76 (2.41%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 3,922,775 |
| Open | 73.41 |
| Previous Close | 73.63 |
| Day's Range | 72.60 - 75.30 |
| 52-Week Range | 69.16 - 101.42 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 94.20 (+28.71%) |
| Earnings Date | Jul 22, 2026 |
About 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 produ... [Read more]
Financial Performance
In 2025, Otis Worldwide's revenue was $14.43 billion, an increase of 1.19% compared to the previous year's $14.26 billion. Earnings were $1.38 billion, a decrease of -15.87%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for OTIS stock is "Buy." The 12-month stock price target is $94.2, which is an increase of 28.71% from the latest price.
News
Otis Worldwide Transcript: Transcript
Otis Worldwide Transcript: AGM 2026
The meeting covered board elections, executive compensation, auditor appointment, and a shareholder proposal on political spending transparency, which was rejected. Strategic updates addressed supply chain resilience and adaptation to market shifts, especially in China and the Middle East.
Otis Unveils New Commercial Escalator Modernization Packages
FARMINGTON, Conn., May 19, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has ...
Elevator mechanics can make over $150,000, and this CEO says they can't hire them fast enough
Otis CEO Judy Marks says there's growing demand for skilled elevator mechanics around the world. Otis offers an apprenticeship program starting at age 18 and tuition perks for workers.
Otis Worldwide Proxy statement: Proxy filing
Otis Worldwide filed a proxy statement on May 7, 2026, providing details for shareholder voting and corporate governance matters.
Otis Announces Global Winners in 2026 Made to Move Communities™ Challenge
Students from schools in Athens, Greece and Hong Kong SAR win STEM and AI competition with concepts to help people during natural disasters FARMINGTON, Conn., May 6, 2026 /PRNewswire/ -- With their id...
Otis Worldwide Earnings Call Transcript: Q1 2026
Organic sales rose 1% in Q1 2026, led by 5% service growth and strong modernization demand. Adjusted operating profit and margins declined due to investments and mix, but sequential improvement is expected, with full-year guidance reaffirmed for sales, profit, and EPS.
Otis Worldwide Earnings release: Q1 2026
Otis Worldwide released its Q1 2026 earnings on April 22, 2026, summarizing the period's financial results.
Otis Worldwide Slides: Q1 2026
Otis Worldwide has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 22, 2026.
Otis Worldwide Quarterly report: Q1 2026
Otis Worldwide has published its Q1 2026 quarterly earnings report on April 22, 2026.
OTIS REPORTS FIRST QUARTER 2026 RESULTS
Otis delivers net sales growth of 6%, driven by Service with growth in all lines of business, led by repair Net sales up 6% and organic sales up 1%, driven by Service net sales up 11% with organic sal...
Otis Announces 5 Percent Increase in Quarterly Dividend to $0.44 per Share
FARMINGTON, Conn., April 21, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.44 per share of Otis' common stock, represent...
Otis Worldwide Proxy statement: Proxy filing
Otis Worldwide filed a proxy statement on April 17, 2026, providing details for shareholder voting and corporate governance matters.
Otis Worldwide Proxy statement: Proxy filing
Otis Worldwide filed a proxy statement on April 17, 2026, providing details for shareholder voting and corporate governance matters.
Otis Launches Robust™ Heavy-Duty Elevator Range for Data Centers and Mission-Critical Infrastructure
Meets the readiness, scale and reliability demands of today's fast‑growing data center and infrastructure needs Engineered and ready now for facilities that require fast delivery of high capacity and ...
Otis Takes Majority Stake in WeMaintain, Supporting Growth and Innovation in Service Technology
FARMINGTON, Conn., April 13, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation, service and modernization...
Otis First Quarter 2026 Earnings Advisory
FARMINGTON, Conn., April 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 22, 2026, at 8:30 a.m.
Otis Worldwide Transcript: JPMorgan Industrials Conference 2026
Service and modernization segments are driving growth, with strong repair and pricing momentum, while New Equipment faces temporary headwinds from China and the Middle East. Margin expansion will be modest, but cash flow remains robust, and modernization in China is accelerating due to government subsidies.
UPDATED TIMING: Otis CFO to Speak at J.P. Morgan Industrials Conference
FARMINGTON, Conn., March 12, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Confer...
Otis CFO to Speak at J.P. Morgan Industrials Conference
FARMINGTON, Conn., March 11, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Executive Vice President and CFO Cristina Méndez will participate in a fireside chat at the Industrials Confer...
Otis Champions Inclusive Mobility for Aging Populations
Designed for older adults, the new Otis Viva™ solutions – for existing and new buildings – promote safe, reliable mobility in support of longer, more independent and active living. CANNES, France, Mar...
Otis Launches Flexible Elevator Modernization Packages for North America
Customers can carefully choose the scope and pace of elevator modernization Otis Arise™ MOD solutions align with the latest safety standards, and enhance reliability and efficiency with advanced techn...
Otis Declares Quarterly Dividend of $0.42 per Share
FARMINGTON, Conn., Jan. 29, 2026 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock.
Otis Worldwide Earnings Call Transcript: Q4 2025
Record free cash flow and double-digit Q4 EPS growth were driven by service and modernization strength, with a robust backlog positioning for 2026. Service margins expanded, modernization orders surged 43%, and digital/AI initiatives accelerated growth. Guidance calls for continued profit and cash flow gains.