Otis Worldwide Corporation OTIS SPX
Industrials · Specialty Industrial Machinery · United States
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of 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. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
READ MORE ›$70.84
-24.20% 1Y
Market & Price
Market Cap
$27.18B
Current Price
$70.84
High / Low (52W)
$99.06 / $70.84
Beta
0.94
Valuation
Stock P/E
18.84
Industry PE
28.38
Forward P/E
15.02
PEG Ratio
1.35
Book Value
$-14.73
Price to Book
-4.81
P/S
1.86
EV/EBITDA
13.96
Dividend Yield
2.40%
Profitability & Returns
ROCE
74.04%
ROE
-
ROA
13.35%
Profit Margin
10.11%
Op Margin
15.39%
EPS (Latest Qtr)
$0.87
EPS (TTM)
$3.76
Balance Sheet & Liquidity
Debt/Equity
-
Quick Ratio
0.71
Current Ratio
0.84
Debt
$8.22B
Total Assets
$10.65B
Current Assets
$6.50B
Working Capital
$-1.16B
Ownership
Promoter Holding
0.11%
Chg in Prom Hold
-
FII / Inst Holding
94.62%
Chg in FII Hold
-0.01%
Financial Snapshot
Enterprise Value
$34.81B
Total Revenue (TTM)
$14.65B
EBITDA
$2.49B
Free Cash Flow
$1.68B
Operating Cash Flow
$1.82B
Shares Outstanding
383.72M
Gross Margin
30.55%
Payout Ratio
44.68%
Growth (CAGR)
Revenue 5Y
1.79%
Profit 5Y
3.37%
Revenue (YoY)
6.40%
Earnings (YoY)
42.60%
PROS
- Healthy ROCE of 74.0%.
- Generates positive free cash flow.
CONS
- Trading 28.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | OTIS Otis Worldwide Corporation SPX | 70.84 | 18.84 | $27.18B | 2.40% | 74.04% | - | 1.79% | 3.37% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.10B | 3.35B | 3.31B | 3.35B | 2.97B | 3.03B | 3.27B | 3.49B | 3.41B | 3.70B | 3.62B | 3.41B | 3.49B | 3.34B | 3.35B | 3.72B | 3.52B | 3.44B | 3.60B | - | 3.35B | 3.60B | 3.69B | 3.80B | 3.57B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.35B | 2.51B | 2.56B | 2.65B | 2.48B |
| Gross Profit | 901.00M | 984.00M | 975.00M | 966.00M | 897.00M | 891.00M | 979.00M | 1.01B | - | - | - | - | - | - | - | - | - | - | - | - | 1.00B | 1.09B | 1.13B | 1.15B | 1.08B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 590.00M | 542.00M | 547.00M | 472.00M | 543.00M |
| Operating Income | 415.00M | 481.00M | 482.00M | - | 329.00M | 416.00M | 454.00M | - | 509.00M | 561.00M | 542.00M | 526.00M | 487.00M | 529.00M | 513.00M | 580.00M | 571.00M | 544.00M | 570.00M | - | 411.00M | 547.00M | 586.00M | 675.00M | 539.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 453.00M | 591.00M | 630.00M | 720.00M | 580.00M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 366.00M | 521.00M | 521.00M | 526.00M | 480.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 110.00M | 98.00M | 129.00M | 142.00M | 127.00M |
| Net Income | 273.00M | 308.00M | 317.00M | 218.00M | 165.00M | 224.00M | 266.00M | 251.00M | 308.00M | 326.00M | 331.00M | 311.00M | 321.00M | 324.00M | 331.00M | 376.00M | 376.00M | 353.00M | 415.00M | - | 243.00M | 393.00M | 374.00M | 374.00M | 340.00M |
| Diluted EPS | 0.63 | 0.71 | 0.73 | 0.50 | 0.38 | 0.52 | 0.61 | 0.58 | 0.71 | 0.76 | 0.77 | 0.73 | 0.76 | 0.77 | 0.79 | 0.90 | 0.91 | 0.86 | 1.02 | - | 0.61 | 0.99 | 0.95 | 0.95 | 0.87 |
| R&D Expense | 39.00M | 40.00M | 39.00M | - | 38.00M | 37.00M | 37.00M | - | 35.00M | 39.00M | 39.00M | 37.00M | 38.00M | 37.00M | 35.00M | 36.00M | 36.00M | 36.00M | 39.00M | 40.00M | 37.00M | 38.00M | 36.00M | - | 38.00M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12.91B | 13.12B | 12.76B | - | 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 |
| Operating Expenses | - | - | - | - | 1.85B | 1.95B | 2.21B | 2.15B |
| Operating Income | 1.83B | 1.81B | 1.64B | - | 2.07B | 2.25B | 2.05B | 2.22B |
| EBITDA | - | - | - | - | 2.26B | 2.44B | 2.23B | 2.39B |
| Interest Expense | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | 1.89B | 2.03B | 2.04B | 1.93B |
| Tax Provision | - | - | - | - | 519.00M | 533.00M | 305.00M | 479.00M |
| Net Income | 1.05B | 1.12B | 906.00M | - | 1.25B | 1.41B | 1.65B | 1.38B |
| Diluted EPS | 2.42 | 2.55 | 2.08 | - | 2.96 | 3.39 | 4.07 | 3.50 |
| R&D Expense | 181.00M | 163.00M | 152.00M | 159.00M | 150.00M | 144.00M | 152.00M | 152.00M |
Compounded Sales Growth
| 5 Years: | 1.79% |
| 1 Year: | 6.40% |
Compounded Profit Growth
| 5 Years: | 3.37% |
| 1 Year: | 42.60% |
Stock Price Performance
| 1 Year: | -24.20% |
| 6 Months: | -19.04% |
| 3 Months: | -23.00% |
| 1 Month: | -6.96% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 9.69B | 10.71B | - | 9.82B | 10.12B | 11.32B | 10.65B |
| Current Assets | - | - | - | - | - | 6.14B | 6.40B | 7.67B | 6.50B |
| Cash & Equivalents | - | 1.33B | 1.45B | 1.78B | - | 1.19B | 1.27B | 2.30B | 1.10B |
| Inventory | - | - | - | - | - | 617.00M | 612.00M | 557.00M | 613.00M |
| Receivables | - | - | - | - | - | 3.23B | 3.39B | 3.43B | 3.69B |
| Total Liabilities | - | - | 7.36B | 13.91B | - | 14.48B | 14.84B | 16.04B | 15.92B |
| Current Liabilities | - | - | 5.37B | 6.67B | - | 6.84B | 6.48B | 7.75B | 7.66B |
| Long Term Debt | - | - | 5.00M | 5.26B | - | 6.10B | 6.87B | 6.97B | 6.90B |
| Total Debt | - | - | - | - | - | 7.21B | 7.31B | 8.74B | 8.51B |
| Total Equity | 2.53B | - | 1.70B | -3.86B | - | -4.87B | -4.92B | -4.85B | -5.39B |
| Shares Outstanding | - | - | - | - | - | 435.60M | 437.00M | 438.60M | 439.40M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.55B | 1.47B | 1.48B | - | 1.56B | 1.63B | 1.56B | 1.60B |
| Investing Cash Flow | -201.00M | -203.00M | -353.00M | - | -33.00M | -183.00M | -164.00M | -406.00M |
| Financing Cash Flow | -1.50B | -1.13B | -844.00M | - | -3.65B | -1.35B | -309.00M | -2.42B |
| Capital Expenditure | - | - | - | - | -115.00M | -138.00M | -126.00M | -152.00M |
| Free Cash Flow | - | - | - | - | 1.45B | 1.49B | 1.44B | 1.44B |
| Net Change in Cash | - | - | - | - | -2.12B | 94.00M | 1.09B | -1.23B |
| Share Buybacks | - | 0 | 0 | 725.00M | 850.00M | 800.00M | 1.01B | 809.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | 28.6% | 29.5% | 29.9% | 30.3% |
| Operating Margin % | 14.2% | 13.8% | 12.8% | - | 15.1% | 15.8% | 14.4% | 15.4% |
| Net Margin % | 8.1% | 8.5% | 7.1% | - | 9.2% | 9.9% | 11.5% | 9.6% |
| ROE % | - | 65.6% | -23.5% | - | -25.7% | -28.6% | -33.9% | -25.7% |
| ROCE % | - | 42.1% | 40.6% | - | 69.6% | 61.8% | 57.5% | 74.0% |
Shareholding Pattern
Insiders
0.11%
Institutions
94.62%
Public Float
94.73%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 8.40% | 32.22M | $2.28B |
| 2 | Vanguard Capital Management LLC | 6.58% | 25.26M | $1.79B |
| 3 | Vanguard Portfolio Management LLC | 5.13% | 19.70M | $1.40B |
| 4 | State Street Corporation | 4.22% | 16.20M | $1.15B |
| 5 | Morgan Stanley | 3.38% | 12.96M | $918.04M |
| 6 | Geode Capital Management, LLC | 3.24% | 12.45M | $882.05M |
| 7 | Franklin Resources, Inc. | 3.00% | 11.52M | $816.14M |
| 8 | Price (T.Rowe) Associates Inc | 2.30% | 8.84M | $626.16M |
| 9 | FMR, LLC | 2.08% | 7.98M | $565.24M |
| 10 | Massachusetts Financial Services Co. | 1.98% | 7.60M | $538.40M |
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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