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OTIS · NYSE

Otis Worldwide Corporation

$75.15 -0.51 (-0.67%)

Company overview

Otis Worldwide Corporation manufactures, installs, and services 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.

Sector
Industrials
Industry
Industrial - Machinery
Exchange
NYSE
Market cap
$28.6B
Employees
72,000
Headquarters
Farmington, CT
Website
otis.com
CEO
Judith F. Marks
Listed
March 19, 2020
P/E
19.78
Dividend yield
2.37%

Company financials

Revenue
$14.6B
Gross profit
$4.5B
Operating income
$2.3B
EBITDA
$2.4B
Net income
$1.5B
EPS
$3.80
Total assets
$10.5B
Total debt
$8.2B
Gross margin
30.39%
Net margin
10.11%
Earnings yield
5.06%

Revenue segmentation

By product (FY 2025)
By region (FY 2025)

Showing FY 2025

Price chart

62.8567.7372.6077.4882.35
OTIS 1D NYSE O73.15H75.75L72.58C75.60+3.25 (+4.49%)Vol5.25M

News

15-min delaySigned-out view is delayed 15 minutes. Log in on Pro for the live news desk.

Source
Date
Type
Ticker Type Headline Source Published
OTIS Legal SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Otis Worldwide Corporation (NYSE: OTIS) Levi & Korsinsky announces that. PR Newswire
OTIS Stock news 4 Boring Stocks That Make More Money Every Time Your Bills Go Up 24/7 Wall Street
OTIS Stock news 4 Unglamorous Businesses That Keep Compounding While Nobody Watches 24/7 Wall Street
OTIS Press release Otis Third Quarter 2026 Earnings Advisory PRNewsWire
OTIS Stock news Otis Worldwide Corporation (NYSE:OTIS) Stock Has Consensus Target Price of $92.64 According to Analysts Defense World
OTIS Stock news Otis Stock Is Near Its 52-Week Low. Is This Margin-Pressured Market Leader a Long-Term Buy? The Motley Fool
OTIS Stock news Otis Worldwide Corporation (OTIS) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript Seeking Alpha
OTIS Stock news Otis: The Catalysts I Used To Double Down After A 22% Fall Seeking Alpha
OTIS Press release Otis Implements Long-Standing CEO Succession Plan PR Newswire
OTIS Stock news Algert Global LLC Acquires 58,512 Shares of Otis Worldwide Corporation $OTIS Defense World
OTIS Stock news Allworth Financial LP Buys New Position in Otis Worldwide Corporation $OTIS Defense World
OTIS Stock news Why Is Otis Worldwide (OTIS) Up 1.4% Since Last Earnings Report? Zacks Investment Research
OTIS Press release Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall Landmark PRNewsWire
OTIS Stock news Elevator giant Otis wants to be a defensive play in an volatile market. It has to prove itself first CNBC
OTIS Stock news Otis Worldwide: Don't Expect Meaningful Upside Near-Term, But I Remain Bullish Seeking Alpha
OTIS Stock news Is Otis Stock Attractive After Guidance Cuts and Its 19% YTD Slide? Zacks Investment Research
OTIS Stock news Otis Service Growth Builds Momentum as Equipment Demand Stays Weak Zacks Investment Research
OTIS Stock news Otis Worldwide: Strong Service Growth Still Needs To Show Margin Expansion Seeking Alpha
OTIS Press release Otis Declares Quarterly Dividend of $0.44 per Share PRNewsWire
OTIS Stock news Otis Took Another Guidance Cut—But the Story Isn't Over MarketBeat
FAQ

Questions about Otis Worldwide Corporation

What does Otis Worldwide Corporation do?
Otis Worldwide Corporation manufactures, installs, and services 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. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.
What is OTIS's market cap?
Otis Worldwide Corporation (OTIS) is a listed stock with a live quote. The latest market cap on this page is $28.6B.
Where is Otis Worldwide Corporation headquartered?
Otis Worldwide Corporation is headquartered in Farmington, CT.
How do I get OTIS news from the API?
Call GET /v1/news?tickers=OTIS. Add type=news, type=press_release, or type=legal to take one feed. Pro keys search the full archive in real time. Free keys are delayed 15 minutes and return the last year. Signed-out visitors and Free accounts see that same year on this page. Pro sees the full archive.
How far back does OTIS news go?
Signed-out visitors and Free accounts see the last year of stock news, press releases, and legal notices for OTIS, 15 minutes behind, and each headline links to the publisher. Pro, including the 7-day trial, sees the full archive as headlines are ingested. A Free API key returns the last year. Pro keys search the full archive.
Is the OTIS price on this page from the API?
The price and daily change update during the US session for every visitor. That quote is context on this page. It is not part of the news API. The chart is one candle per session from the start of 2020. 1W, 1M, and 1Y group those sessions.

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