Stocks Technology OTIS
NYSE · TechnologyOtis Worldwide Corp (OTIS)
Otis Worldwide Corp brought in $14.9B of revenue over the twelve months to June 30, 2026, up 5.2% from a year earlier. Net income was $1.5B, a net margin of 10.2%. Operating cash flow minus capital spending left $1.4B of free cash flow in fiscal 2025. At June 30, 2026 it held $813M in cash against $8.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 23, 2026.
Key facts about Otis Worldwide Corp
- Net worth
- Otis Worldwide Corp has a market value (market cap) of $25.1B at the latest share price, and shareholders' equity of -$5.7B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $14.4B (+1.2% year on year), with net income of $1.4B. Over the 12 months to June 30, 2026: revenue $14.9B, net income $1.5B.
- Cash flow
- In fiscal 2025 operations brought in $1.6B of cash; after $152M of capital spending, free cash flow was $1.4B.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 23, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Otis Worldwide Corp's next report is expected around October 28, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Otis Worldwide Corp paid dividends of $1.65 per share in fiscal 2025, a yield of 2.50% at the current price.
What Otis Worldwide Corp does
Otis Worldwide manufactures, installs, and services elevators, escalators, and moving walkways. Its equipment and maintenance contracts are sold to commercial real estate developers, property managers, transit authorities, and residential builders. Its shares trade on NYSE under the ticker OTIS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $14.4B | $1.4B | $3.50 | $1.4B |
| 2024 | $14.3B | $1.6B | $4.07 | $1.4B |
| 2023 | $14.2B | $1.4B | $3.39 | $1.5B |
| 2022 | $13.7B | $1.3B | $2.96 | $1.4B |
| 2021 | $14.3B | $1.2B | $2.89 | $1.6B |
| 2020 | $12.8B | $906M | $2.08 | $1.3B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where OTIS ranks in Technology
Dividends
Otis Worldwide Corp paid $1.65 per share in fiscal 2025. At the current price that is a yield of 2.50%. It paid out $647M in cash dividends, 47% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.65 | $647M | 47% |
| 2024 | $1.51 | $606M | 37% |
| 2023 | $1.31 | $539M | 38% |
| 2022 | $1.11 | $465M | 37% |
| 2021 | $0.92 | $393M | 32% |
| 2020 | $0.60 | $260M | 29% |
Latest SEC filings
What Otis Worldwide Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 15, 2026Executive or director change8-KOtis Worldwide announced that Chair, CEO, and President Judith Marks will retire in 2027.
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 7.3% to $3.9B versus the same quarter last year; diluted EPS $1.12 versus $0.99.
- July 22, 2026
- May 29, 2026
- May 27, 2026
- May 7, 2026Additional proxy material DEFA14A
- May 7, 2026Other event 8-K
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
- April 29, 2026Passive stake (5% or more) SCHEDULE 13G
- April 23, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 6.4% to $3.6B versus the same quarter last year; diluted EPS $0.87 versus $0.61.
What is OTIS worth? A DCF from its reported cash flow
Insider trades
What the people running Otis Worldwide Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 4 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 2, 2026 | Gosk Kimberly ShannonEVP & CPO | Exercised options | 933 | - |
| September 2, 2026 | Gosk Kimberly ShannonEVP & CPO | Shares withheld for tax | 274 | $19.4K |
| August 23, 2026 | Mendez Echevarria Maria CristinaEVP & CFO | Exercised options | 2,137 | - |
| August 23, 2026 | Mendez Echevarria Maria CristinaEVP & CFO | Shares withheld for tax | 838 | $59.9K |
| June 2, 2026 | Armas Joseph JayPresident, Otis Americas | Exercised options | 1,680 | - |
| June 2, 2026 | Armas Joseph JayPresident, Otis Americas | Shares withheld for tax | 421 | $29.6K |
| May 7, 2026 | Lefebure Thibault Pierre MariePresident, Otis EMEA | Sold | 1,628 | $125.2K |
| March 1, 2026 | Loh SallyPresident, Otis Greater China | Exercised options | 1,256 | - |
Who owns OTIS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Capital Management13G, passive | 7.48% | April 30, 2026 |
| Vanguard Portfolio Management13G, passive | 5.08% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,225 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 31,620,354 | -600,486 |
| Vanguard Capital Management LLC | 25,061,198 | -194,807 |
| Vanguard Portfolio Management LLC | 19,956,721 | +254,829 |
| State Street Corp | 16,664,994 | +463,491 |
| Geode Capital Management, LLC | 12,589,525 | +138,195 |
| Franklin Resources Inc | 11,784,188 | +263,232 |
| Morgan Stanley | 10,964,838 | -1,994,474 |
| Fmr LLC | 10,109,592 | +2,130,460 |
| Norges Bank | 8,602,119 | new |
| Clearbridge Investments, LLC | 7,461,546 | +4,770,365 |
| Mitsubishi UFJ Asset Management Co., Ltd. | 5,918,140 | +26,119 |
| D. E. Shaw & Co., Inc. | 5,439,203 | +1,984,275 |
| Independent Franchise Partners LLP | 5,152,104 | +4,149,820 |
| Aqr Capital Management LLC | 4,625,150 | +3,107,217 |
| PineStone Asset Management Inc. | 4,290,454 | -203,428 |
| Massachusetts Financial Services Co | 4,103,431 | -3,496,839 |
| Fiera Capital Corp | 4,138,739 | -728,157 |
| Van Eck Associates Corp | 3,993,011 | +24,914 |
| Invesco Ltd. | 3,953,975 | -16,154 |
| Northern Trust Corp | 3,900,999 | -156,906 |
Insiders
12 insiders reported holding 424,139 shares in total, about $28M at the last price.
| Holder | Shares |
|---|---|
| Marks Judith FranChair, CEO and President | 244,063 |
| Loh SallyPresident, Otis Greater China | 45,507 |
| Minarro Viseras EnriqueChief Operating Officer | 32,422 |
| de Montlivault StephanePresident, Otis Asia Pacific | 29,176 |
| Zheng PeimingEVP, Chief Product, Delivery | 22,455 |
| LaFreniere Nora E.EVP, General Counsel | 13,880 |
| Mendez Echevarria Maria CristinaEVP & CFO | 10,556 |
| Gosk Kimberly ShannonEVP & CPO | 8,112 |
| Green NeilEVP & Chief Digital Officer | 7,466 |
| Lefebure Thibault Pierre MariePresident, Otis EMEA | 4,008 |
Questions about OTIS
What does Otis Worldwide Corp do?
Otis Worldwide manufactures, installs, and services elevators, escalators, and moving walkways. Its equipment and maintenance contracts are sold to commercial real estate developers, property managers, transit authorities, and residential builders. Its shares trade on NYSE under the ticker OTIS.
What is Otis Worldwide Corp's net worth?
Otis Worldwide Corp has a market value (market cap) of $25.1B at the latest share price, and shareholders' equity of -$5.7B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Otis Worldwide Corp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $1.5B on revenue of $14.9B, a net margin of 10.2%.
How much revenue does Otis Worldwide Corp make?
Over the twelve months to June 30, 2026 Otis Worldwide Corp reported revenue of $14.9B. That is 5.2% more than a year earlier.
When did Otis Worldwide Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 23, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the executive or director change from September 15, 2026.
When is Otis Worldwide Corp's next earnings report?
Otis Worldwide Corp's next report is expected around October 28, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Otis Worldwide Corp pay a dividend?
Yes. Otis Worldwide Corp paid dividends of $1.65 per share in fiscal 2025, a yield of 2.50% at the current price.
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Where the numbers come from
Financial figures are the values Otis Worldwide Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.