Otis Worldwide Corporation (BIT:1OTIS)

Italy flag Italy · Delayed Price · Currency is EUR
63.32
+2.90 (4.80%)
Last updated: Jun 16, 2026, 4:12 PM CET
Market Cap23.75B -28.4%
Revenue (ttm)12.70B +3.3%
Net Income1.28B -3.5%
EPS3.26 -1.6%
Shares Out n/a
PE Ratio18.49
Forward PE16.54
Dividend1.45 (2.40%)
Ex-Dividend DateMay 14, 2026
Volume10
Open63.26
Previous Close60.42
Day's Range63.26 - 63.32
52-Week Range59.68 - 86.70
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

7 Industrial Stocks to Buy and 1 to Avoid

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

7 days ago - Barrons

Otis Worldwide Transcript: Transcript

16 days 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.

21 days 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 ...

4 weeks 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.

4 weeks 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.

5 weeks 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...

6 weeks ago - PRNewsWire

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.

2 months ago - Transcripts

Otis Worldwide Earnings release: Q1 2026

Otis Worldwide released its Q1 2026 earnings on April 22, 2026, summarizing the period's financial results.

2 months ago - Filings

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.

2 months ago - Filings

Otis Worldwide Quarterly report: Q1 2026

Otis Worldwide has published its Q1 2026 quarterly earnings report on April 22, 2026.

2 months ago - Filings

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - Filings

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.

2 months ago - Filings

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 ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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.

3 months ago - Transcripts

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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.

5 months ago - Transcripts