OTIS - NYSE
Otis Worldwide Corporation
$69.92
-0.58%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.
At a Glance
Live SnapshotOtis Worldwide Corporation Profit Bridge
Profitability Analysis
Gross Margin
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating Margin
Acceptable margins but limited operational leverage. Operating expense control is important.
Net Profit Margin
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.
Otis Worldwide Corporation Income Statement
OTIS • NYSE
| Otis Worldwide Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|
REVENUE | |||||||||
14.4B | 14.3B | 14.2B | 13.7B | 14.3B | 12.8B | 13.1B | 12.9B | 12.3B | |
GROSS PROFIT | |||||||||
(10.1B) | (10B) | (10B) | (9.8B) | (10.1B) | (9B) | (9.3B) | (9.2B) | (8.6B) | |
4.4B | 4.3B | 4.2B | 3.9B | 4.2B | 3.8B | 3.8B | 3.7B | 3.7B | |
OPERATING INCOME | |||||||||
(2.2B) | (2.2B) | (2B) | (1.9B) | (2.1B) | (1.9B) | (1.9B) | (1.9B) | (1.8B) | |
(2B) | (1.8B) | (1.8B) | (1.7B) | (1.9B) | (1.8B) | (1.8B) | (1.7B) | (1.6B) | |
(152M) | (152M) | (144M) | (150M) | (159M) | (152M) | (163M) | (181M) | (175M) | |
2.1B | 2B | 2.2B | 2B | 2.1B | 1.9B | 1.9B | 1.9B | 1.9B | |
PRE-TAX INCOME | |||||||||
(196M) | -31M | (150M) | (143M) | (136M) | (122M) | (39M) | (37M) | (40M) | |
-196M | 31M | -150M | -143M | -136M | -122M | 14M | 14M | 21M | |
(106M) | (279M) | (40M) | (12M) | -22M | -27M | (4M) | -25M | -31M | |
-199M | 31M | -155M | -145M | -147M | -398M | -31M | 37M | 47M | |
1.9B | 2B | 2B | 1.9B | 2B | 1.5B | 1.9B | 1.9B | 2B | |
NET INCOME | |||||||||
(479M) | (305M) | (533M) | (519M) | (541M) | (455M) | (594M) | (683M) | (1.1B) | |
1.4B | 1.6B | 1.4B | 1.3B | 1.2B | 906M | 1.1B | 1B | 636M |
SEC Filings
OTIS - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 04, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 23, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 17, 2026 | May 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 05, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 28, 2026 | January 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 20, 2026 | January 13, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | October 30, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 29, 2025 | October 29, 2025 | 2025 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.