Otis Worldwide Corporation (OTIS)
NYSE: OTIS · Real-Time Price · USD
77.11
-1.02 (-1.31%)
Nov 11, 2026, 12:11 PM EST - Market open
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 | Sep '26 Sep 30, 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 |
| 15,135 | 14,431 | 14,261 | 14,209 | 13,685 | 14,298 | |
Revenue Growth | 5.76% | 1.19% | 0.37% | 3.83% | -4.29% | 12.09% |
Cost of Revenue | 10,602 | 10,017 | 9,976 | 10,010 | 9,743 | 10,083 |
Gross Profit | 4,533 | 4,414 | 4,285 | 4,199 | 3,942 | 4,215 |
Selling, General & Admin | 2,005 | 1,896 | 1,818 | 1,828 | 1,727 | 1,909 |
Research & Development | 158 | 152 | 152 | 144 | 150 | 159 |
Other Operating Expenses | 28 | -10 | -35 | -17 | -31 | -24 |
Operating Expenses | 2,191 | 2,038 | 1,935 | 1,955 | 1,846 | 2,044 |
Operating Income | 2,342 | 2,376 | 2,350 | 2,244 | 2,096 | 2,171 |
Interest Expense | -217 | -196 | -169 | -150 | -143 | -136 |
Currency Exchange Gain (Loss) | 19 | 25 | 7 | 20 | 16 | 9 |
EBT Excluding Unusual Items | 2,144 | 2,205 | 2,188 | 2,114 | 1,969 | 2,044 |
Merger & Restructuring Charges | -58 | -199 | -136 | -83 | -60 | -56 |
Gain (Loss) on Sale of Assets | 19 | 19 | -18 | - | - | - |
Asset Writedown | 10 | - | - | - | - | - |
Legal Settlements | -10 | -88 | -12 | - | - | - |
Other Unusual Items | - | -3 | 17 | - | -21 | -27 |
Pretax Income | 2,105 | 1,934 | 2,039 | 2,031 | 1,888 | 1,961 |
Income Tax Expense | 493 | 479 | 305 | 533 | 519 | 541 |
Earnings From Continuing Operations | 1,612 | 1,455 | 1,734 | 1,498 | 1,369 | 1,420 |
Minority Interest in Earnings | -56 | -71 | -89 | -92 | -116 | -174 |
Net Income | 1,556 | 1,384 | 1,645 | 1,406 | 1,253 | 1,246 |
Net Income to Common | 1,556 | 1,384 | 1,645 | 1,406 | 1,253 | 1,246 |
Net Income Growth | 15.52% | -15.87% | 17.00% | 12.21% | 0.56% | 37.53% |
Shares Outstanding (Basic) | 386 | 393 | 402 | 411 | 420 | 428 |
Shares Outstanding (Diluted) | 387 | 395 | 404 | 415 | 423 | 431 |
Shares Change | -2.60% | -2.35% | -2.46% | -1.99% | -1.95% | -0.74% |
EPS (Basic) | 4.04 | 3.52 | 4.10 | 3.42 | 2.98 | 2.91 |
EPS (Diluted) | 4.02 | 3.50 | 4.07 | 3.39 | 2.96 | 2.89 |
EPS Growth | 18.64% | -14.01% | 20.06% | 14.53% | 2.42% | 38.94% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 1,673 | 1,444 | 1,437 | 1,489 | 1,445 | 1,594 |
Free Cash Flow Per Share | 4.32 | 3.66 | 3.55 | 3.59 | 3.42 | 3.69 |
Dividend Per Share | 1.720 | 1.650 | 1.510 | 1.310 | 1.110 | 0.920 |
Dividend Growth | 6.17% | 9.27% | 15.27% | 18.02% | 20.65% | 53.33% |
Gross Margin | 29.95% | 30.59% | 30.05% | 29.55% | 28.80% | 29.48% |
Operating Margin | 15.47% | 16.46% | 16.48% | 15.79% | 15.32% | 15.18% |
Profit Margin | 10.28% | 9.59% | 11.54% | 9.89% | 9.16% | 8.71% |
Free Cash Flow Margin | 11.05% | 10.01% | 10.08% | 10.48% | 10.56% | 11.15% |
EBITDA | 2,511 | 2,551 | 2,531 | 2,437 | 2,287 | 2,374 |
EBITDA Margin | 16.59% | 17.68% | 17.75% | 17.15% | 16.71% | 16.60% |
D&A For EBITDA | 169 | 175 | 181 | 193 | 191 | 203 |
EBIT | 2,342 | 2,376 | 2,350 | 2,244 | 2,096 | 2,171 |
EBIT Margin | 15.47% | 16.46% | 16.48% | 15.79% | 15.32% | 15.18% |
Effective Tax Rate | 23.42% | 24.77% | 14.96% | 26.24% | 27.49% | 27.59% |
Revenue as Reported | 15,135 | 14,431 | 14,261 | 14,209 | 13,685 | 14,298 |