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Otis Worldwide $OTIS

Industrials · Industrial Machinery & Supplies & Components · NYSE/NASDAQ

S&P 500 Russell 1000 Connecticut
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$70.40
+1.29 (+1.87%)
As of Oct 15, 2026, 11:12 PM EDT
Price history
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Otis Worldwide (OTIS) is trading up at $70.40 (+1.87%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Industrials sector.

Otis Worldwide revenue & net income history (FY2018–FY2025)

RevenueNet incomeNet margin (right axis, %)
$14.4B$7.22B$0FY2018 revenue: $12.9BFY2018 net income: $1.05B · Net margin 8.1%'18FY2019 revenue: $13.1BFY2019 net income: $1.12B · Net margin 8.5%'19FY2020 revenue: $12.8BFY2020 net income: $906.0M · Net margin 7.1%'20FY2021 revenue: $14.3BFY2021 net income: $1.25B · Net margin 8.7%'21FY2022 revenue: $13.7BFY2022 net income: $1.25B · Net margin 9.2%'22FY2023 revenue: $14.2BFY2023 net income: $1.41B · Net margin 9.9%'23FY2024 revenue: $14.3BFY2024 net income: $1.65B · Net margin 11.5%'24FY2025 revenue: $14.4BFY2025 net income: $1.38B · Net margin 9.6%'250%5%10%15%FY2018 net margin: 8.1%FY2019 net margin: 8.5%FY2020 net margin: 7.1%FY2021 net margin: 8.7%FY2022 net margin: 9.2%FY2023 net margin: 9.9%FY2024 net margin: 11.5%FY2025 net margin: 9.6%
Otis Worldwide annual financial statements
FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$12.9B$13.1B$12.8B$14.3B$13.7B$14.2B$14.3B$14.4B
Growth (year over year)—+1.6%−2.8%+12.1%−4.3%+3.8%+0.4%+1.2%
Operating income$1.83B$1.81B$1.64B$2.11B$2.03B$2.19B$2.01B$2.13B
Operating margin14.2%13.8%12.8%14.7%14.9%15.4%14.1%14.8%
Net income$1.05B$1.12B$906.0M$1.25B$1.25B$1.41B$1.65B$1.38B
Net margin8.1%8.5%7.1%8.7%9.2%9.9%11.5%9.6%
EPS (diluted)$2.42$2.55$2.08$2.89$2.96$3.39$4.07$3.50
Balance sheet
Cash and equivalents$1.33B$1.45B$1.78B$1.56B$1.19B$1.27B$2.30B$1.10B
Total assets—$9.69B$10.7B$12.3B$9.82B$10.1B$11.3B$10.7B
Total liabilities—$7.36B$13.9B$15.3B$14.5B$14.8B$16.0B$15.9B
Long-term debt—$5.00M$5.26B$7.25B$6.10B$6.87B$6.97B$6.90B
Shareholders' equity$2.01B$1.70B−$3.86B−$3.63B−$4.87B−$4.92B−$4.85B−$5.39B
Cash flow
Operating cash flow$1.55B$1.47B$1.48B$1.75B$1.56B$1.63B$1.56B$1.60B
Capital expenditure$172.0M$145.0M$183.0M$156.0M$115.0M$138.0M$126.0M$152.0M
Free cash flow$1.38B$1.32B$1.30B$1.59B$1.45B$1.49B$1.44B$1.44B
Dividends paid$0$0$260.0M$393.0M$465.0M$539.0M$606.0M$647.0M
Share buybacks—$0$0$725.0M$850.0M$800.0M$1.01B$809.0M

From Otis Worldwide's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Otis Worldwide

Otis Worldwide Corporation, doing business as its former legal name Otis Elevator Company and styled as OTIS, is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.

Source: Wikipedia — Otis Worldwide

Headquarters
Farmington, Connecticut From SEC filings, Oct 2026

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