Otis Worldwide Corporation (OTIS)
| Market Cap | 24.55B -31.6% |
| Revenue (ttm) | 14.91B +5.2% |
| Net Income | 1.52B +0.2% |
| EPS | 3.89 +2.8% |
| Shares Out | 380.67M |
| PE Ratio | 16.57 |
| Forward PE | 15.31 |
| Dividend | $1.76 (2.73%) |
| Ex-Dividend Date | Aug 14, 2026 |
| Volume | 6,430,774 |
| Open | 64.46 |
| Previous Close | 64.32 |
| Day's Range | 63.59 - 64.98 |
| 52-Week Range | 63.59 - 94.57 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | 86.54 (+34.21%) |
| Est. Earnings | Oct 28, 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 Summary
According to 14 analysts, the average rating for OTIS stock is "Buy." The 12-month stock price target is $86.54, which is an increase of 34.21% from the latest price.
News
Otis Worldwide Transcript: Morgan Stanley's 14th Annual Laguna Conference
The discussion highlighted a leadership transition, robust service growth, and strategic investments in modernization and workforce quality. AI-driven pricing and a new operating model are set to drive margin expansion, while China’s market shifts toward service and modernization. Margin recovery and strong returns are expected into 2027.
Otis Implements Long-Standing CEO Succession Plan
Judy Marks to Retire in 2027 as Board Chair, CEO, and President FARMINGTON, Conn., Sept. 15, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator ma...
Otis CEO to Speak at Morgan Stanley Conference
FARMINGTON, Conn., Sept. 1, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) Chair, CEO & President Judy Marks will participate in a fireside chat at the 14th annual Laguna conference host...
Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall Landmark
Otis will return to the building to modernize existing elevators and support the next phase of development SHANGHAI, Aug. 17, 2026 /PRNewswire/ -- Otis has been selected once again to provide advanced...
Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first
Otis is the largest elevator company in the world, operating in 200-plus countries. More than 90% of Otis' profits comes from servicing elevators, which involves maintenance, repairs and modernization...
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.
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.
Otis Worldwide Earnings release: Q2 2026
Otis Worldwide released its Q2 2026 earnings on July 22, 2026, summarizing the period's financial results.
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.
Otis Worldwide Quarterly report: Q2 2026
Otis Worldwide has published its Q2 2026 quarterly earnings report on July 22, 2026.
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...
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. ...
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.
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...
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.