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OTIS

NYSE · USD
Otis Worldwide Corporation
Industrials · Industrial - Machinery
CEO Judith F. Marks Employees 72,000 R&D / revenue 1.1%
Last price
$71.33+1.32%last session
Market cap
$27.2B
P/E (TTM)
18.2x
From 52w high
−24.6%
From 52w low
+12.2%
1-year return
−21.0%
RSI 14 · vs SMA200
65.0 · −7.3%
IS score
54.1/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

OTIS   SPY   XLI (sector ETF) · weekly closes
708090100110120Jan 26Apr 26Jul 26Oct 26SPY 116XLI 111OTIS 79

Score DNA

Each bar is a 0-100 score within the scored universe
41
Profitability
54
Growth
50
Value
73
Momentum
65
Risk (safety)
60
Quality
40
Balance sheet
68
Earnings quality

Flags

Strengths
✓ FCF yield 5%+✓ Congress buying
Warnings
None of the computed warning flags fires for OTIS (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Cost AdvantagePiotroski 5 / 9Altman Z 2.8Beta 0.883 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
1 open-market sales, $125,184
Form 144 notices (12m): 7, $17.1M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
6
Last disclosed purchase 2026-08-27
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−13
135 new holders, 127 closed
1,225 filers hold 93.2% · 431 added, 453 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+85
1,011 funds adding shares
926 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
64.9%
20-day avg 43.8%, 50-day avg 57.7%
Latest 21.1 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$14.4B
Revenue growth YoY+1.2%
Gross margin30.3%
Operating income$2.1B
Operating margin14.8%
Net income$1.4B
Net margin9.6%
EPS (diluted)$3.50
Cash flow
Operating cash flow$1.6B
Capital expenditure$152.0M
Free cash flow$1.4B
FCF conversion (FCF / OCF)90.5%
Stock-based compensation$80.0M
FCF less SBC$1.4B
Buybacks$809.0M
Dividends$647.0M
Balance sheet & returns
Cash & short-term investments$1.1B
Total debt$8.4B
Net debt$7.3B
Shareholders' equity−$5.3B
Goodwill & intangibles$2.0B
Debt / equity-1.54
ROE (TTM)-27.3%
ROIC (TTM)40.3%
Operating margin by fiscal year
15.2%FY202115.3%FY202215.7%FY202314.5%FY202415.2%FY2025
Revenue $14.3B (FY2021) to $14.4B (FY2025), a 0.2% CAGR.

Valuation

P/E (TTM)18.2x
EV / EBITDA14.3x
Price / sales1.82x
Price / FCF15.9x
FCF yield6.30%
Buyback yield2.98%
SBC / revenue0.2%
Price / bookn/m
Forward P/E FY202617.7x
Forward P/E FY202715.8x
Forward P/E FY202814.2x
Forward multiples divide today's price by Street EPS estimates. Street mean target $85.40 across 5 analysts last quarter is theirs, not ours.

OTIS vs industry median

328 companies in Industrial - Machinery
Gross margin 30.2% 31.0% Operating margin 15.4% 8.4% Net margin 10.2% 6.0% ROIC 40.3% 8.7%
OTIS (TTM)Industry median Asset turnover 1.34 vs industry 0.76 · financial leverage -1.94

Earnings delivery

Next report 2026-10-28 · consensus EPS $1.01
58%
beat rate, 7 of 12 quarters
+1.2%
median EPS surprise
4
longest beat streak
+9+1+1+3-1-2+3+2+4-1-2+0
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-25 to 2026-07-22. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
OTIS Otis Worldwide Corporation $27.2B18.2x-27.3%10.2%+1.2% −21.0%
DOV Dover Corporation $26.4B23.4x15.0%14.3%+7.6% +18.2%
SYM Symbotic Inc. $28.0B404.7x2.7%1.6%+20.6% −46.3%
IR Ingersoll Rand Inc. $30.2B31.7x9.5%12.5%+7.8% +2.6%
XYL Xylem Inc. $24.3B24.8x9.4%11.3%+4.5% −27.9%
NDSN Nordson Corporation $18.0B32.5x17.8%18.7%+7.0% —
ITT ITT Inc. $17.7B38.8x11.5%5.8%+28.1% —
IEX IDEX Corporation $17.4B33.8x13.0%15.6%+7.3% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-09-15Officer/Director Change; Regulation FD; Exhibits
2026-07-22Earnings Release; Exhibits
2026-05-29Shareholder Vote
2026-05-07Other Events; Exhibits
2026-04-22Earnings Release; Exhibits
2026-01-28Results of Operations and Financial Condition; Financial Statements and Exhibits

Context

Shares outstanding380,669,339
Free float99.9%
Institutional ownership93.2%
Beta0.88
Dividend yield2.41%
Last dividend$0.44 on 2026-08-14
50 / 200-day average$69.40 / $77.15
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where OTIS sits among 62 scored companies in Industrial - Machinery (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureOTISIndustry medianIndustry percentileSector median
P/E (TTM) 17.9x 29.1x
13th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) 2.52 1.59
66th		 1.42
Price / sales 1.8x 2.4x
31st		 2.0x
Price / book —
Price / tangible book —
Price / free cash flow 15.9x 22.0x
16th		 20.8x
Price / operating cash flow 14.5x 17.8x
29th		 14.5x
Enterprise value $35.2B $7.5B
85th		 $4.8B
EV / sales 2.4x 2.5x
41st		 2.4x
EV / EBITDA 14.3x 16.3x
36th		 13.6x
EV / EBIT 15.4x 21.3x
15th		 19.9x
EV / free cash flow 20.6x 26.6x
29th		 24.3x
Earnings yield 5.6% 3.2%
89th		 3.3%
FCF yield 6.3% 4.2%
85th		 3.8%
Operating cash flow yield 6.9% 5.4%
72nd		 6.2%
Graham number (per share) —

Profitability (TTM)

MeasureOTISIndustry medianIndustry percentileSector median
Gross margin 30.2% 35.6%
34th		 30.5%
EBITDA margin 16.5% 18.4%
48th		 14.3%
Operating margin 15.4% 13.7%
62nd		 9.8%
EBIT margin 15.3% 12.6%
62nd		 9.9%
Net margin 10.2% 8.6%
59th		 6.0%
NOPAT margin 11.7% 10.7%
59th		 7.8%
FCF margin 11.5% 11.2%
52nd		 7.0%
Operating cash flow margin 12.5% 14.1%
39th		 11.2%
R&D / revenue 1.0% 0.0%
64th		 0.0%
SG&A / revenue 13.7% 18.6%
25th		 14.1%
Stock comp / revenue 0.2% 0.6%
17th		 0.6%
Effective tax rate 23.9% 21.2%
75th		 21.0%

Returns on capital

MeasureOTISIndustry medianIndustry percentileSector median
ROE (on average equity) —
ROA 14.0% 6.1%
90th		 4.8%
ROIC 76.2% 10.9%
98th		 8.7%
ROCE 78.1% 10.9%
100th		 9.4%
Return on tangible assets 21.1% 9.0%
97th		 7.9%
Cash ROIC (OCF / invested capital) 81.9% 12.9%
97th		 12.8%
Gross profitability (GP / assets) 40.3% 24.7%
95th		 19.2%
ROIC, 3-yr average 158.9% 8.6%
100th		 7.8%
ROIC, 5-yr average —
ROE, 5-yr average —
Incremental ROIC 173.1% 21.5%
88th		 20.5%

Growth

MeasureOTISIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 5.2% 7.3%
42nd		 8.6%
Revenue growth (QoQ) 8.2% 9.4%
43rd		 9.9%
Revenue CAGR, 3 yr 2.5% 3.7%
37th		 5.0%
Revenue CAGR, 5 yr 1.5% 6.2%
7th		 8.3%
Gross profit CAGR, 3 yr 3.6% 6.5%
36th		 6.5%
Operating income CAGR, 3 yr 2.2% 6.8%
27th		 6.4%
Net income growth (TTM YoY) 0.2% -2.3%
53rd		 11.3%
Net income CAGR, 3 yr 4.5% 3.5%
53rd		 6.6%
EPS growth (TTM YoY) 3.0% -1.2%
53rd		 13.3%
EPS CAGR, 3 yr 7.1% 3.8%
55th		 5.6%
EPS CAGR, 5 yr 8.0% 7.1%
54th		 8.3%
FCF growth (TTM YoY) 27.0% 9.0%
71st		 14.7%
FCF CAGR, 3 yr 9.4% 14.6%
32nd		 12.2%
Operating cash flow CAGR, 3 yr 9.5% 13.1%
38th		 8.8%
Book value CAGR, 3 yr —
Dividend CAGR, 3 yr 4.0% 2.3%
78th		 2.7%
Sustainable growth rate —

Margin history & stability

MeasureOTISIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 30.2% 35.7%
35th		 30.6%
Operating margin, 3-yr average 15.1% 13.7%
60th		 10.0%
Net margin, 3-yr average 10.4% 10.2%
55th		 6.2%
FCF margin, 3-yr average 9.9% 10.7%
42nd		 7.1%
Revenue stability (0-1) 0.68 0.78
32nd		 0.81
Earnings stability (0-1) 0.94 0.40
97th		 0.47
Margin stability (0-1) 0.98 0.94
92nd		 0.90

Liquidity (latest quarter)

MeasureOTISIndustry medianIndustry percentileSector median
Cash & short-term investments $813.0M $240.9M
80th		 $249.6M
Net cash (− = net debt) −$8.0B −$710.5M
5th		 −$666.5M
Working capital −$1.4B $596.2M
2nd		 $376.4M
Current ratio 0.83 2.06
0th		 1.79
Quick ratio 0.75 1.20
11th		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.10 0.30
11th		 0.32
Defensive interval (days) 929 days 495 days
90th		 614 days

Leverage & solvency (latest quarter)

MeasureOTISIndustry medianIndustry percentileSector median
Total debt $8.8B $1.2B
93rd		 $919.8M
Debt / equity —
Net debt / equity —
Debt / assets 79.3% 26.8%
100th		 29.3%
Debt / capital —
Debt / EBITDA 3.60 2.00
75th		 2.44
Net debt / EBITDA 3.27 1.61
84th		 1.86
Interest coverage (EBIT / interest) 10.9x 7.0x
61st		 5.0x
Cash interest coverage 8.9x 7.9x
57th		 6.1x
Debt payback (years of OCF) 4.7 yrs 2.6 yrs
72nd		 3.2 yrs
Liabilities / assets 149.8% 50.7%
100th		 56.7%
IS credit model rating B- — —
Implied credit spread (bps) 900 125
98th		 200

Efficiency

MeasureOTISIndustry medianIndustry percentileSector median
Asset turnover 1.38 0.78
97th		 0.75
Fixed asset turnover 11.17 5.95
93rd		 5.14
Inventory turnover 16.2 3.7
100th		 5.0
Receivables turnover 3.5 5.9
3rd		 6.7
Days sales outstanding 103 days 61 days
97th		 54 days
Days inventory outstanding 23 days 99 days
0th		 72 days
Days payables outstanding 67 days 53 days
77th		 41 days
Cash conversion cycle (days) 59 days 107 days
5th		 63 days
Capex / revenue 1.1% 2.1%
2nd		 3.0%
Capex / depreciation 0.92 0.65
72nd		 0.76
Operating expense ratio 14.5% 21.2%
18th		 17.7%

Cash flow & earnings quality

MeasureOTISIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.23 1.42
29th		 1.50
FCF / net income 1.13 1.22
38th		 1.15
FCF / operating cash flow 91.5% 83.2%
88th		 74.0%
Capex / operating cash flow 8.5% 16.8%
12th		 26.1%
Accruals ratio -3.3% -3.4%
51st		 -4.0%
Sloan accruals ratio -6.5% -1.5%
10th		 -2.4%
Earnings quality score (0-1) 1.00 1.00
25th		 1.00

Dividends & buybacks

MeasureOTISIndustry medianIndustry percentileSector median
Dividend yield 2.4% 0.9%
92nd		 0.6%
Dividend per share (TTM) $1.72 $0.97
79th		 $0.44
Payout ratio (dividends / net income) 43.4% 29.1%
79th		 22.5%
Dividends / FCF 38.4% 24.6%
80th		 19.6%
Dividend growth (YoY) 7.4% 5.8%
57th		 5.6%
Buyback yield 3.9% 0.7%
89th		 0.5%
Shareholder yield (dividends + buybacks) 6.3% 2.2%
92nd		 2.0%
Share count change (YoY) -2.7% -0.1%
13th		 0.0%
Buybacks, last 5 years $4.8B $147.1M
92nd		 $76.0M

Scores & forensic checks

MeasureOTISIndustry medianIndustry percentileSector median
IS score 54 58
43rd		 53
IS profitability 41 45
44th		 37
IS growth 54 48
67th		 54
IS value 50 48
62nd		 47
IS momentum 73 73
50th		 76
IS risk (safety) 65 100
23rd		 80
IS quality 60 71
21st		 67
IS balance sheet 40 63
8th		 56
IS earnings quality 68 72
23rd		 70
IS cash flow 64 60
61st		 54
Piotroski F-score (0-9) 5 6
20th		 6
Altman Z-score 2.8 4.4
28th		 3.3
Beneish M-score −2.52 −2.55
52nd		 −2.52
Ohlson O-score −3.68 −8.00
100th		 −7.49
IS credit score 20 76
2nd		 65

Per share

MeasureOTISIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $3.92 $2.85
62nd		 $2.21
Book value per share −$14.88 $26.75
0th		 $18.38
Tangible book per share −$20.10 $2.15
8th		 $4.39
Revenue per share $38.59 $46.23
48th		 $36.64
FCF per share $4.43 $4.10
54th		 $2.70
Operating cash flow per share $4.84 $4.77
51st		 $4.28
Cash per share $2.10 $3.39
25th		 $3.02

Size (TTM)

MeasureOTISIndustry medianIndustry percentileSector median
Market cap $27.2B $6.0B
82nd		 $3.9B
Revenue $14.9B $2.7B
87th		 $2.7B
EBITDA $2.5B $370.8M
87th		 $394.8M
Net income $1.5B $165.9M
89th		 $136.3M
Free cash flow $1.7B $324.5M
87th		 $162.9M
Total assets $11.2B $3.6B
80th		 $3.5B
Shareholders' equity −$5.7B $1.6B
0th		 $1.4B
Employees 72,000 6,800
98th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-02Gosk Kimberly Shannon
EVP & CPO
 Option exercise 933——8,386
2026-09-02Gosk Kimberly Shannon
EVP & CPO
 Tax withholding 274$70.83$19,4078,112
2026-09-02Gosk Kimberly Shannon
EVP & CPO
 Option exercise 933——1,875
2026-08-23Mendez Echevarria Maria Cristina
EVP & CFO
 Option exercise 2,137——11,394
2026-08-23Mendez Echevarria Maria Cristina
EVP & CFO
 Tax withholding 838$71.49$59,90910,556
2026-08-23Mendez Echevarria Maria Cristina
EVP & CFO
 Option exercise 2,137——2,145
2026-08-03Kearney Christopher J
Director
 Award / grant 291——19,941
2026-06-02Armas Joseph Jay
President, Otis Americas
 Option exercise 1,680——3,411
2026-06-02Armas Joseph Jay
President, Otis Americas
 Tax withholding 421$70.33$29,6092,990
2026-06-02Armas Joseph Jay
President, Otis Americas
 Option exercise 1,680——3,362
2026-05-27Black Jeffrey Harry
Director
 Award / grant 2,800——19,498
2026-05-27Hannan Kathy Hopinkah
Director
 Award / grant 2,758——18,958

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJunAugSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired930,102—
Award / grantDisposed1291—
Open-market saleDisposed11,628$125,184
Option exerciseAcquired34,750—
Option exerciseDisposed34,750—
Tax withholdingDisposed31,533$108,925
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 7 notices · 190,087 shares · $17.1M
FiledFilerShares proposedEst. proceeds
2026-05-07Thibault Lefebure1,628$125,184
2026-02-12Stephane De Montlivault47,944$4.4M
2026-02-10Nora Lafreniere27,418$2.5M
2026-02-10Michael Ryan1,182$106,455
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 13 trades (4 purchases) · Senate 3 (3 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-09-11Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-09-04Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-08-27John BoozmanSenatePurchase$1,001 - $15,0002026-09-11
2026-08-27John BoozmanSenatePurchase$1,001 - $15,0002026-09-11
2026-08-27John BoozmanSenatePurchase$1,001 - $15,0002026-09-10
2026-08-10Kevin HernHouseSale$1,001 - $15,0002026-09-02
2024-10-29Tommy TubervilleSenateSale$1,001 - $15,0002026-08-05
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.31,620,354$2.3B8.31%
VANGUARD CAPITAL MANAGEMENT LLC25,061,198$1.8B6.58%
VANGUARD PORTFOLIO MANAGEMENT LLC19,956,721$1.4B5.24%
STATE STREET CORP16,664,994$1.2B4.38%
GEODE CAPITAL MANAGEMENT, LLC12,589,525$906.4M3.31%
FRANKLIN RESOURCES INC11,783,966$843.7M3.10%
FMR LLC10,109,592$723.8M2.66%
NORGES BANK8,602,119$615.9M2.26%
MORGAN STANLEY8,541,984$611.6M2.24%
Clearbridge Investments, LLC7,461,546$534.2M1.96%
PRICE T ROWE ASSOCIATES INC /MD/6,104,625$437.1M1.60%
Mitsubishi UFJ Asset Management Co., Ltd.5,918,140$423.7M1.55%
D. E. Shaw & Co., Inc.5,439,203$389.4M1.43%
Independent Franchise Partners LLP5,152,104$368.9M1.35%
PineStone Asset Management Inc.4,290,454$307.2M1.13%

Institutional ownership by quarter

2023-092026-0693.2%
% of shares held by 13F filers
2023-092026-061,225
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,22593.2%135431453127
2026-03-311,23889.4%115392473160
2025-12-311,302101.7%16938948177
2025-09-301,24088.2%119366499124
2025-06-301,26391.4%12141345575
2025-03-311,23692.5%13239746997
2024-12-311,22094.2%161378414104
2024-09-301,18493.3%9435248572
2024-06-301,17791.7%8039045274
2024-03-311,19090.8%10738043676
2023-12-311,17592.5%16232047256
2023-09-301,08391.7%8434939792

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%29,111,846
2025-09-04SCHEDULE 13G/AJPMORGAN CHASE & CO.2.4%9,490,997
2025-07-29SCHEDULE 13G/AThe Vanguard Group12.3%48,584,108
2025-07-24SCHEDULE 13G/AJPMORGAN CHASE & CO.5.5%21,889,106
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.03%$776.1M
VTSAX0.03%$776.1M
VTI0.03%$776.1M
VSMPX0.03%$776.1M
VFIAX0.04%$643.1M
VFFSX0.04%$643.1M

Share structure

Shares outstanding380,669,339
Float380,277,672
Free float99.9%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$14.3B$13.7B$14.2B$14.3B$14.4B
Cost of revenue$10.1B$9.7B$10.0B$10.0B$10.1B
Gross profit$4.2B$3.9B$4.2B$4.3B$4.4B
R&D$159.0M$150.0M$144.0M$152.0M$152.0M
SG&A$1.9B$1.7B$1.9B$1.8B$2.0B
Operating income$2.2B$2.1B$2.2B$2.0B$2.1B
EBITDA$2.3B$2.2B$2.4B$2.2B$2.3B
Pretax income$2.0B$1.9B$2.0B$2.0B$1.9B
Income tax$541.0M$519.0M$533.0M$305.0M$479.0M
Net income$1.2B$1.3B$1.4B$1.6B$1.4B
EPS, diluted$2.89$2.96$3.39$4.07$3.50
Diluted shares431.4M423.0M414.6M404.4M393.7M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$1.6B$1.2B$1.3B$2.3B$1.1B
Receivables$3.8B$4.0B$4.3B$4.1B$4.4B
Inventory$622.0M$617.0M$612.0M$557.0M$613.0M
Total current assets$8.3B$6.1B$6.4B$7.7B$6.5B
PP&E, net$1.3B$1.2B$1.1B$1.1B$1.3B
Goodwill & intangibles$2.1B$1.9B$1.9B$1.9B$2.0B
Total assets$12.3B$9.8B$10.1B$11.3B$10.7B
Accounts payable$1.6B$1.7B$1.9B$1.9B$2.1B
Total current liabilities$6.2B$6.8B$6.5B$7.7B$7.7B
Long-term debt$7.2B$6.1B$6.9B$7.0B$7.3B
Total liabilities$15.3B$14.5B$14.8B$16.0B$15.9B
Shareholders' equity−$3.0B−$4.7B−$4.7B−$4.7B−$5.3B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$1.2B$1.3B$1.4B$1.6B$1.5B
Depreciation & amortization$203.0M$191.0M$193.0M$181.0M$175.0M
Stock-based compensation$0$0$0$0$80.0M
Change in working capital$154.0M−$51.0M−$67.0M−$344.0M$15.0M
Operating cash flow$1.8B$1.6B$1.6B$1.6B$1.6B
Capital expenditure−$156.0M−$115.0M−$138.0M−$126.0M−$152.0M
Free cash flow$1.6B$1.4B$1.5B$1.4B$1.4B
Investing cash flow−$89.0M−$33.0M−$183.0M−$239.0M−$406.0M
Net debt issued / repaid$1.4B−$387.0M$94.0M$1.5B−$663.0M
Buybacks−$725.0M−$850.0M−$800.0M−$1.0B−$809.0M
Dividends paid−$393.0M−$465.0M−$539.0M−$606.0M−$647.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin29.5%28.8%29.8%30.1%30.5%
Operating margin15.2%15.3%15.7%14.5%15.2%
Net margin8.7%9.2%9.9%11.5%9.6%
FCF margin11.1%10.6%10.5%10.1%10.0%
ROE-33.3%-29.5%-28.7%-33.7%-27.0%
ROIC60.5%131.5%148.3%110.2%73.0%
ROA10.8%11.3%14.1%15.4%12.6%
Debt / equity-2.15-1.48-1.48-1.80-1.62
Interest coverage15.4x14.2x14.5x18.1x10.9x
Current ratio1.320.900.990.990.85
Revenue growth+12.1%−4.3%+3.8%+0.4%+1.2%
EPS growth+39.7%+3.1%+14.3%+18.9%−13.6%
P/E at year end28.1x24.9x25.3x22.4x24.8x
EV / EBITDA at year end18.0x16.8x17.5x18.5x18.2x
FCF yield at year end4.55%4.63%4.19%3.91%4.20%
Dividend payout31.5%37.1%38.3%36.8%46.7%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Services$7.9B$7.8B$8.4B$8.9B$9.4B
New Equipment$6.4B$5.9B$5.8B$5.4B$5.0B

Revenue by region · FY2025

Other$8.6B · 60%
UNITED STATES$4.2B · 29%
CHINA$1.6B · 11%

Street estimates by fiscal year

Next report 2026-10-28 · consensus EPS $1.01 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$15.3B$15.1B – $15.4B$4.04$4.03 – $4.19817.7x
2027$16.0B$15.9B – $16.2B$4.52$4.42 – $4.68915.8x
2028$16.8B$16.5B – $17.5B$5.03$4.75 – $5.62814.2x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-22$1.01$1.010.0%$3.8B$3.9B+2.6%
2026-04-22$0.91$0.89−2.2%$3.5B$3.6B+1.8%
2026-01-28$1.04$1.03−1.0%$3.9B$3.8B−2.3%
2025-10-29$1.01$1.05+4.0%$3.7B$3.7B+0.8%
2025-07-23$1.03$1.05+1.9%$3.7B$3.6B−2.0%
2025-04-23$0.90$0.92+2.7%$3.4B$3.4B−0.8%
2025-01-29$0.95$0.93−2.1%$3.6B$3.7B+0.9%
2024-10-30$0.97$0.96−1.0%$3.6B$3.5B−1.2%
2024-07-24$1.03$1.06+2.9%$3.7B$3.6B−3.6%
2024-04-24$0.87$0.88+1.1%$3.5B$3.4B−0.6%
2024-01-31$0.86$0.87+1.2%$3.6B$3.6B+1.3%
2023-10-25$0.87$0.95+9.2%$3.5B$3.5B+0.1%
2023-07-26$0.86$0.92+7.0%$3.6B$3.7B+3.8%
2023-04-26$0.76$0.80+5.3%$3.3B$3.3B+2.7%
2023-02-01$0.74$0.75+1.4%$3.4B$3.4B+2.5%
2022-10-26$0.78$0.80+2.6%$3.4B$3.3B−2.7%
2022-07-27$0.78$0.86+10.3%$3.5B$3.5B−1.7%
2022-04-25$0.74$0.77+4.1%$3.4B$3.4B−1.0%
2022-01-31$0.68$0.72+5.9%$3.6B$3.6B−0.5%
2021-10-25$0.73$0.77+5.5%$3.6B$3.6B+1.8%
2021-07-26$0.72$0.79+9.7%$3.6B$3.7B+4.0%
2021-04-26$0.63$0.72+14.3%$2.9B$3.4B+16.7%
2021-02-01$0.59$0.66+11.9%$3.1B$3.5B+13.5%
2020-10-26$0.56$0.69+23.2%$2.5B$3.3B+30.2%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.306-150.306-220.206-290.307-060.407-130.607-200.407-270.308-030.308-100.208-170.308-240.408-31
Week ofNotionalSharesTrades
2026-08-31$373.6M5,256,68475,821
2026-08-24$255.5M3,558,73264,344
2026-08-17$241.6M3,374,10370,584
2026-08-10$323.1M4,423,43670,618
2026-08-03$285.1M3,895,91877,807
2026-07-27$416.4M5,724,63098,852

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1564.9%
DateShort shareShort volumeTotal volume
2026-10-1564.9%1,226,7441,891,017
2026-10-1463.2%1,026,4001,624,207
2026-10-1332.8%1,055,8173,218,519
2026-10-1222.4%438,3421,957,871
2026-10-0926.3%412,7071,568,876
2026-10-0844.4%568,7901,280,801
2026-10-0756.6%574,1751,013,657
2026-10-0641.9%541,0111,291,160
2026-10-0541.3%980,7892,374,235
2026-10-0228.9%615,3042,125,785
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.4Jan+2.4Feb+1.3Mar+0.5Apr+1.7May+2.8Jun+3.0Jul-1.1Aug-2.6Sep-0.7Oct+5.4Nov+0.3Dec
MonthAvg returnUp yearsYears
Jan+0.4%50%6
Feb+2.4%67%6
Mar+1.3%57%7
Apr+0.5%50%6
May+1.7%67%6
Jun+2.8%67%6
Jul+3.0%67%6
Aug−1.1%50%6
Sep−2.6%33%6
Oct−0.7%33%6
Nov+5.4%67%6
Dec+0.3%50%6
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1465.0
MFI55.0
ADX22.6
Stochastic %K / %D97.0 / 90.6
Williams %R-2.9
CCI211
TSI / signal0.6 / -14.8
Chaikin money flow0.06
ATR$1.43
Bollinger width11.1%
Volume vs 20-day avg0.92x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$66.79 (+6.8%)
SMA 50$69.31 (+2.9%)
SMA 200$76.96 (−7.3%)
EMA 21$67.79 (+5.2%)
EMA 50$68.93 (+3.5%)
EMA 200$75.64 (−5.7%)
Bollinger upper$70.49 (+1.2%)
Bollinger lower$63.10 (+13.0%)
Parabolic SAR$65.70 (+8.6%)
Open the live chart, 110+ indicators

About Otis Worldwide Corporation

Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.

https://www.otis.com

Key executives

NameTitlePayBorn
Judith F. MarksChair, President & Chief Executive Officer$3.8M1964
Cristina MendezExecutive Vice President & Chief Financial Officer$2.6M1981
Sally A. LohPresident of Otis Greater China$2.2M1974
Peiming ZhengExecutive Vice President & Chief Product, Delivery and Customer Officer$1.8M1968
Nora E. LaFreniereExecutive Vice President & General Counsel$1.5M1971
Enrique Minarro ViserasEVP & Chief Operating Officer$1.5M1978
Imelda SuitSenior VP, Treasurer & Interim Head of Investor Relations——
Michael Patrick RyanSenior Vice President & Chief Accounting Officer—1970

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Judy Marks Chair, Chief Executive Officer and President Cristina Méndez Executive Vice President & Chief Financial Officer2025$1.4M$13.2M$2.0M$17.0M
Perry Zheng Former Executive Vice President & Chief Product, Delivery and Customer Officer Enrique Miñarro Viseras Executive Vice President & Chief Operating Officer2025$912,528$3.1M$707,402$6.1M
​ Sally Loh President, Otis Greater China Tracy Embree Former President, Otis Americas2025$762,358$2.8M$518,166$4.3M
Perry Zheng Former Executive Vice President & Chief Product, Delivery and Customer Officer Enrique Miñarro Viseras Executive Vice President & Chief Operating Officer ​ Sally Loh President, Otis Greater China Tracy Embree Former President, Otis Americas2025$715,000$2.3M$505,000$4.2M

Employees

69k202070k202169k202271k202372k202472k2025

Dividends

Ex-dateAmountPaid
2026-08-14$0.442026-09-11
2026-05-15$0.442026-06-12
2026-02-13$0.422026-03-13
2025-11-14$0.422025-12-05
2025-08-15$0.422025-09-05
2025-05-16$0.422025-06-06
2025-02-14$0.392025-03-07
2024-11-15$0.392024-12-06

Moat model

Weak · Cost Advantage · 2026-06-30
Cost advantage81
Intangibles45
Switching costs44
Network effect32
Efficient scale48
Our component scores (0-100) and overall 50.5; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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