Otis Worldwide Corporation (BIT:1OTIS)

Italy flag Italy · Delayed Price · Currency is EUR
63.12
-0.02 (-0.03%)
At close: Jul 24, 2026
Market Cap24.49B -17.7%
Revenue (ttm)13.05B +5.2%
Net Income1.33B +0.2%
EPS3.41 +2.8%
Shares Out n/a
PE Ratio18.46
Forward PE16.76
Dividend1.45 (2.30%)
Ex-Dividend DateMay 14, 2026
Volume137
Open63.14
Previous Close63.14
Day's Range61.36 - 63.14
52-Week Range59.68 - 83.64
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateJul 22, 2026

About Otis Worldwide

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]

Industry Construction, Mining, And Materials Handling
Founded 1853
Employees 72,000
Stock Exchange Borsa Italiana
Ticker Symbol 1OTIS

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 numbers in USD Financial Statements

News

Otis Declares Quarterly Dividend of $0.44 per Share

FARMINGTON, Conn., July 23, 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.

4 days ago - PRNewsWire

Otis Worldwide price target lowered to $95 from $100 at Evercore ISI

Evercore ISI analyst Alexander Virgo lowered the firm’s price target on Otis Worldwide (OTIS) to $95 from $100 and keeps an Outperform rating on the shares.

4 days ago - TheFly

Otis Worldwide price target lowered to $90 from $97 at Bernstein

Bernstein lowered the firm’s price target on Otis Worldwide (OTIS) to $90 from $97 and keeps an Outperform rating on the shares. The firm notes Otis had a rough print.

4 days ago - TheFly

Otis Worldwide Earnings Call Transcript: Q2 2026

Q2 2026 saw strong organic sales growth, especially in service and modernization, but margins declined due to cost and productivity headwinds. Guidance was revised down for operating profit and EPS, but service margins are expected to expand by year-end as investments in quality and operational initiatives take hold.

5 days ago - Transcripts

Otis Worldwide Earnings release: Q2 2026

Otis Worldwide released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.

5 days ago - Filings

Otis Worldwide Slides: Q2 2026

Otis Worldwide has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 22, 2026.

5 days ago - Filings

Otis Worldwide Quarterly report: Q2 2026

Otis Worldwide has published its Q2 2026 quarterly earnings report on July 22, 2026.

5 days ago - Filings

Otis Worldwide cuts FY26 adjusted EPS view to $4.01-$4.05 from $4.20-$4.24

Consensus $4.19. Backs FY26 revenue view $15.1B-$15.3B, consensus $15.12B. Lowers FY26 adjusted free cash flow view to $1.5B-$1.55B from $1.6B-$1.65B. Lowers FY26 adjusted operating profit view to $2....

5 days ago - TheFly

Otis Worldwide reports Q2 adjusted EPS $1.01, consensus $1.01

Reports Q2 revenue $3.86B, consensus $3.75B. “Otis delivered a solid quarter, with net sales up 7%, supported by growth across all Service lines and sequential improvement in New Equipment trends.

5 days ago - TheFly

OTIS REPORTS SECOND QUARTER 2026 RESULTS

Otis delivers organic Service sales growth of 9% matching the highest level since spin with strong double-digit growth in modernization and repair and accelerating maintenance trends Second quarter 20...

5 days ago - PRNewsWire

Otis Brazil Completes Elevator Modernization at Christ the Redeemer; Begins Installing New Escalators, Inclined Elevators to Improve Accessibility to Monument

22 years after installation, the Otis elevators and escalators at the monument are being upgraded to enhance performance and accessibility for all visitors, particularly people with limited mobility. ...

25 days ago - PRNewsWire

Otis Second Quarter 2026 Earnings Advisory

FARMINGTON, Conn., July 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 22, 2026, at 8:30 a.m.

26 days ago - PRNewsWire

Otis introduces Gen3™ elevator modernisation solutions in EMEA

Enables building owners to improve the safety and reliability of their elevators and provide better passenger experience. Suitable for elevators already equipped with belts; and offers options to tran...

27 days ago - PRNewsWire

Otis Worldwide named short-term sell idea at Deutsche Bank

Deutsche Bank analyst Nicole Deblase placed a “Catalyst call: Sell” on shares of Otis Worldwide (OTIS) as a short-term investment idea. The firm does not believe the company’s full-year guidance…

27 days ago - TheFly

7 Industrial Stocks to Buy and 1 to Avoid

Buy industrial stocks tied to AI data centers, says Bernstein.

6 weeks ago - Barrons

Otis Worldwide initiated with an Outperform at Bernstein

Bernstein initiated coverage of Otis Worldwide (OTIS) with an Outperform rating and $97 price target The analyst, who says new product launches and cross-sell initiatives have shown “promising results...

6 weeks ago - TheFly

Otis Worldwide Transcript: Transcript

2 months ago - Transcripts

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.

2 months ago - Transcripts

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 ...

2 months ago - PRNewsWire

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.

2 months ago - Business Insider

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.

2 months ago - Filings

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...

2 months ago - PRNewsWire

Otis Worldwide price target lowered to $88 from $96 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Otis Worldwide (OTIS) to $88 from $96 and keeps an Equal Weight rating on the shares. The firm is updating and rolling…

3 months ago - TheFly

Otis Worldwide price target lowered to $105 from $110 at RBC Capital

RBC Capital lowered the firm’s price target on Otis Worldwide (OTIS) to $105 from $110 but keeps an Outperform rating on the shares. The company reported a challenging Q1 and…

3 months ago - TheFly

Otis Worldwide price target lowered to $77 from $80 at Barclays

Barclays analyst Julian Mitchell lowered the firm’s price target on Otis Worldwide (OTIS) to $77 from $80 and keeps an Underweight rating on the shares. The firm expects a “subdued”…

3 months ago - TheFly