Otis Worldwide Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,647	14,431	14,261	14,209	13,685	14,298
Revenue Growth (YoY)	3.34%	1.19%	0.37%	3.83%	-4.29%	12.09%
Cost of Revenue	10,196	10,061	10,004	10,016	9,765	10,105
Gross Profit	4,451	4,370	4,257	4,193	3,920	4,193
Selling, General & Admin	2,025	1,979	1,861	1,884	1,763	1,948
Research & Development	153	152	152	144	150	159
Other Operating Expenses	12	106	236	-21	-26	-22
Total Operating Expenses	2,190	2,237	2,249	2,007	1,887	2,085
Operating Income	2,261	2,133	2,008	2,186	2,033	2,108
Interest Expense	-210	-196	31	-150	-143	-136
Other Non-Operating Income (Expense)	-3	-3	-	-5	-2	-11
Total Non-Operating Income (Expense)	-213	-199	31	-155	-145	-147
Pretax Income	2,048	1,934	2,039	2,031	1,888	1,961
Provision for Income Taxes	496	479	305	533	519	541
Net Income	1,481	1,384	1,645	1,406	1,253	1,246
Minority Interest in Earnings	71	71	89	92	116	174
Net Income to Common	1,481	1,384	1,645	1,406	1,253	1,246
Net Income Growth	-3.52%	-15.87%	17.00%	12.21%	0.56%	37.53%
Shares Outstanding (Basic)	391	393	402	411	420	428
Shares Outstanding (Diluted)	393	395	404	415	423	431
Shares Change (YoY)	-2.40%	-2.35%	-2.46%	-1.99%	-1.95%	-0.74%
EPS (Basic)	3.80	3.52	4.10	3.42	2.98	2.91
EPS (Diluted)	3.76	3.50	4.07	3.39	2.96	2.89
EPS Growth	-1.31%	-14.01%	20.06%	14.53%	2.42%	38.94%
Shares Outstanding	385.7	389.8	397.6	406.6	414.8	424.4
Free Cash Flow	1,668	1,444	1,437	1,489	1,445	1,594
Free Cash Flow Growth	15.51%	0.49%	-3.49%	3.04%	-9.35%	22.90%
Free Cash Flow Per Share	4.25	3.66	3.55	3.59	3.42	3.69
Dividends Per Share	1.680	1.650	1.510	1.310	1.110	0.920
Dividend Growth	1.82%	9.27%	15.27%	18.02%	20.65%	53.33%
Gross Margin	30.39%	30.28%	29.85%	29.51%	28.64%	29.33%
Operating Margin	15.44%	14.78%	14.08%	15.38%	14.86%	14.74%
Profit Margin	10.60%	10.08%	12.16%	10.54%	10.00%	9.93%
FCF Margin	11.39%	10.01%	10.08%	10.48%	10.56%	11.15%
EBITDA	2,435	2,308	2,189	2,379	2,224	2,311
EBITDA Margin	16.62%	15.99%	15.35%	16.74%	16.25%	16.16%
EBIT	2,261	2,133	2,008	2,186	2,033	2,108
EBIT Margin	15.44%	14.78%	14.08%	15.38%	14.86%	14.74%
Effective Tax Rate	24.22%	24.77%	14.96%	26.24%	27.49%	27.59%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q