OTIS

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Otis Worldwide Corp.

Cyclical demand Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $64.48
52-Week Range: $63.58 – $94.57
Market Cap: $24.38B
P/E (TTM): 16.47
EPS (TTM): 3.89
Dividend Yield: 2.75%

Advanced Metrics

Price/Book: —
PEG Ratio: 1.45
Return on Equity: —
Return on Assets: 14.25%
Gross Margin: 30.31%
Operating Margin: 15.13%
Profit Margin: 10.17%
Current Ratio: 0.83
Debt/Equity: —
Total Debt: $8.85B
Free Cash Flow: $1.44B
Revenue Growth: 7.30%
Earnings Growth: 13.00%
Enterprise Value: $32.71B

OTIS Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$13.69B	$14.21B	$14.26B	$14.43B
Cost of Revenue	$9.77B	$10.02B	$10.00B	$10.06B
Gross Profit	$3.92B	$4.19B	$4.26B	$4.37B
Research & Development	$150.00M	$144.00M	$152.00M	$152.00M
Selling, General & Admin	$1.73B	$1.82B	$1.82B	$1.89B
Operating Expenses	$1.85B	$1.95B	$2.21B	$2.15B
Operating Income	$2.07B	$2.25B	$2.05B	$2.22B
EBITDA	$2.26B	$2.44B	$2.23B	$2.39B
Pretax Income	$1.89B	$2.03B	$2.04B	$1.93B
Income Tax	$519.00M	$533.00M	$305.00M	$479.00M
Net Income	$1.25B	$1.41B	$1.65B	$1.38B
Diluted EPS	2.96	3.39	4.07	3.50
Diluted Shares	423.00M	414.60M	404.40M	394.90M

OTIS Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$1.19B	$1.27B	$2.30B	$1.10B
Receivables	$4.02B	$4.25B	$4.13B	$4.39B
Inventory	$617.00M	$612.00M	$557.00M	$613.00M
Current Assets	$6.14B	$6.40B	$7.67B	$6.50B
Total Assets	$9.82B	$10.12B	$11.32B	$10.65B
Current Liabilities	$6.84B	$6.48B	$7.75B	$7.66B
Long-Term Debt	$6.10B	$6.87B	$6.97B	$6.90B
Total Debt	$7.21B	$7.31B	$8.74B	$8.51B
Total Liabilities	$14.48B	$14.84B	$16.04B	$15.92B
Retained Earnings	-$2.87B	-$2.00B	-$978.00M	-$440.00M
Shareholders' Equity	-$4.87B	-$4.92B	-$4.85B	-$5.39B
Working Capital	-$700.00M	-$79.00M	-$79.00M	-$1.16B
Net Debt	$5.58B	$5.62B	$6.02B	$6.86B

OTIS Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$1.56B	$1.63B	$1.56B	$1.60B
Capital Expenditure	-$115.00M	-$138.00M	-$126.00M	-$152.00M
Free Cash Flow	$1.45B	$1.49B	$1.44B	$1.44B
Depreciation & Amortisation	$191.00M	$193.00M	$181.00M	$175.00M
Stock-Based Compensation	$67.00M	$64.00M	$73.00M	$80.00M
Investing Cash Flow	-$33.00M	-$183.00M	-$164.00M	-$406.00M
Financing Cash Flow	-$3.65B	-$1.35B	-$309.00M	-$2.42B
Dividends Paid	-$465.00M	-$539.00M	-$606.00M	-$647.00M
Share Repurchases	-$850.00M	-$800.00M	-$1.01B	-$809.00M
Net Change in Cash	-$2.13B	$94.00M	$1.09B	-$1.23B

OTIS Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$3.60B	$3.69B	$3.80B	$3.57B	$3.86B
Cost of Revenue	$2.51B	$2.56B	$2.65B	$2.48B	$2.72B
Gross Profit	$1.09B	$1.13B	$1.15B	$1.08B	$1.14B
Research & Development	$38.00M	$36.00M	$41.00M	$38.00M	$39.00M
Selling, General & Admin	$499.00M	$504.00M	$426.00M	$510.00M	$520.00M
Operating Expenses	$542.00M	$547.00M	$472.00M	$543.00M	$561.00M
Operating Income	$547.00M	$586.00M	$675.00M	$539.00M	$575.00M
EBITDA	$591.00M	$630.00M	$720.00M	$580.00M	$617.00M
Pretax Income	$521.00M	$521.00M	$526.00M	$480.00M	$547.00M
Income Tax	$98.00M	$129.00M	$142.00M	$127.00M	$98.00M
Net Income	$393.00M	$374.00M	$374.00M	$340.00M	$428.00M
Diluted EPS	0.99	0.95	0.95	0.87	1.12
Diluted Shares	395.80M	392.80M	391.80M	389.60M	383.50M

OTIS Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$688.00M	$840.00M	$1.10B	$834.00M	$813.00M
Receivables	$4.46B	$4.55B	$4.39B	$4.67B	$4.81B
Inventory	$602.00M	$640.00M	$613.00M	$669.00M	$686.00M
Current Assets	$6.39B	$6.61B	$6.50B	$6.46B	$6.84B
Total Assets	$10.49B	$10.77B	$10.65B	$10.54B	$11.16B
Current Liabilities	$7.25B	$7.07B	$7.66B	$7.72B	$8.22B
Long-Term Debt	$7.07B	$7.59B	$6.90B	$6.88B	$7.05B
Total Debt	$8.12B	$8.49B	$8.51B	$8.22B	$8.85B
Total Liabilities	$15.70B	$16.06B	$15.92B	$15.98B	$16.61B
Retained Earnings	-$663.00M	-$453.00M	-$440.00M	-$378.00M	-$117.00M
Shareholders' Equity	-$5.37B	-$5.42B	-$5.39B	-$5.68B	-$5.75B
Working Capital	-$859.00M	-$453.00M	-$1.16B	-$1.26B	-$1.39B
Net Debt	$7.06B	$7.24B	$6.86B	$6.98B	$7.62B

OTIS Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$215.00M	$374.00M	$817.00M	$413.00M	$267.00M
Capital Expenditure	-$36.00M	-$37.00M	-$45.00M	-$33.00M	-$44.00M
Free Cash Flow	$179.00M	$337.00M	$772.00M	$380.00M	$223.00M
Depreciation & Amortisation	$44.00M	$44.00M	$45.00M	$41.00M	$42.00M
Stock-Based Compensation	$23.00M	$19.00M	$17.00M	$19.00M	$20.00M
Investing Cash Flow	-$159.00M	-$56.00M	-$30.00M	$15.00M	-$331.00M
Financing Cash Flow	-$1.29B	-$168.00M	-$531.00M	-$694.00M	$73.00M
Dividends Paid	-$164.00M	-$164.00M	-$164.00M	-$163.00M	-$167.00M
Share Repurchases	-$308.00M	-$248.00M	$0.00	-$400.00M	-$407.00M
Net Change in Cash	-$1.24B	$150.00M	$256.00M	-$266.00M	$9.00M

Market Snapshot

About

Otis Worldwide Corp. is the world largest manufacturer, installer, and servicer of elevators and escalators. The company designs, manufactures, sells, and services elevators, escalators, and moving walkways for residential, commercial, and infrastructure projects globally. Otis operates in over 200 countries and maintains millions of units worldwide through its extensive service network.