Otis Worldwide Corp

OTIS.US
Industrials · Specialty Industrial Machinery
73.61
+0.42 (+0.57%)
USD · NYSE

Company Information

Company Name
Otis Worldwide Corp
Sector
Industrials
Industry
Specialty Industrial Machinery
Exchange
NYSE
ISIN: US68902V1070
CIK: 0001781335
CUSIP: 68902V107
Currency: USD
Full Time Employees: 72,000
Phone: 860 674 3000
Fiscal Year End: December
IPO Date: Mar 19, 2020
Description:

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.

Address:

One Carrier Place, Farmington, CT, United States, 06032

People

Directors & Officers

Name Title Year Born
Ms. Judith F. Marks Chair, President & CEO 1964
Ms. Cristina Mendez Executive VP & CFO 1981
Mr. Enrique Minarro Viseras EVP & Chief Operating Officer 1978
Mr. Peiming Zheng Executive VP and Chief Product, Delivery & Customer Officer 1968
Ms. Sally A. Loh President of Otis Greater China 1974
Mr. Michael Patrick Ryan Senior VP & Chief Accounting Officer 1970
Ms. Rina Leonard Senior VP & Global Chief Information Officer NA
Mr. Robert Quartaro Vice President of Investor Relations NA
Ms. Nora E. LaFreniere J.D. Executive VP & General Counsel 1971
Ms. Randi Tanguay Senior VP & Chief Communications Officer NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 30, 2026 Ro Khanna N/A Sale N/A $76.32 N/A
Feb 12, 2026 Montlivault Stephane De N/A Sale 47.94K $92.25 $4.42M
Feb 10, 2026 Michael Patrick Ryan N/A Sale 1.18K $90.06 $106.45K
Feb 05, 2026 Judith Fran Marks N/A Sale 56.11K $90.89 $5.10M
Feb 04, 2026 Judith Fran Marks N/A Sale 46.78K $89.57 $4.19M
Feb 02, 2026 Neil Green N/A Sale 6.00K $86.45 $518.70K
Jan 29, 2026 Ro Khanna N/A Purchase N/A $87.13 N/A
Jan 23, 2026 Ro Khanna N/A Purchase N/A $90.96 N/A
Nov 05, 2025 Michael Patrick Ryan N/A Sale 3.03K $91.69 $277.64K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 48.64M Dec 31, 2025 12.78% $0.06 0.02%
BlackRock Inc 32.22M Mar 31, 2026 8.46% $0.04 -4.04%
Vanguard Capital Management, LLC 25.26M Mar 31, 2026 6.63% $0.05 0.00%
Vanguard Portfolio Management, LLC 19.70M Mar 31, 2026 5.18% $0.08 0.00%
State Street Corp 16.20M Mar 31, 2026 4.26% $0.04 0.45%
Morgan Stanley - Brokerage Accounts 12.96M Mar 31, 2026 3.40% $0.06 2.24%
Geode Capital Management, LLC 12.45M Mar 31, 2026 3.27% $0.06 15.42%
Franklin Resources Inc 11.52M Mar 31, 2026 3.03% $0.22 46.91%
T. Rowe Price Associates, Inc. 8.84M Mar 31, 2026 2.32% $0.08 1,393.04%
NORGES BANK 8.82M Dec 31, 2025 2.32% $0.08 20.98%
FMR Inc 7.98M Mar 31, 2026 2.10% $0.03 197.21%
Massachusetts Financial Services Company 7.60M Mar 31, 2026 2.00% $0.20 11.07%
Mitsubishi UFJ Asset Management Co.,Ltd 5.89M Mar 31, 2026 1.55% $0.30 25.76%
Fiera Capital Corporation 4.87M Mar 31, 2026 1.28% $1.28 -3.05%
BLS Capital Fondsmæglerselskab A/S 4.39M Mar 31, 2026 1.15% $11.51 -6.21%
StonePine Asset Management Inc. 4.29M Jun 30, 2026 1.13% $1.90 -4.53%
Northern Trust Corp 4.06M Mar 31, 2026 1.07% $0.04 -0.92%
Amvescap Plc. 3.97M Mar 31, 2026 1.04% $0.03 1.68%
Van Eck Associates Corporation 3.97M Mar 31, 2026 1.04% $0.23 -0.86%
AllianceBernstein L.P. 3.83M Mar 31, 2026 1.00% $0.11 -74.81%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Stock Mkt Idx Inv 12.18M 3.20% ▼ 1.52% Jun 30, 2026
2 Vanguard 500 Index Investor 9.97M 2.62% ▼ 2.07% Jun 30, 2026
3 Vanguard Mid Cap Index Institutional 8.32M 2.18% ▼ 1.39% Jun 30, 2026
4 Putnam Large Cap Value A 6.44M 1.69% ▲ 0.00% Jun 30, 2026
5 iShares Core S&P 500 ETF 5.29M 1.39% ▲ 0.32% Jun 30, 2026
6 Fidelity 500 Index 4.97M 1.31% ▼ 0.14% May 31, 2026
7 State Street® SPDR® S&P 500® ETF 4.64M 1.22% ▼ 1.29% Jun 30, 2026
8 MS INVF Global Brands A 3.93M 1.03% ▲ 3.61% Mar 31, 2026
9 Morgan Stanley Glbl Franchise 3.93M 1.03% ▲ 4.18% Mar 31, 2026
10 Vanguard Value Index Inv 3.65M 0.96% ▲ 0.51% Jun 30, 2026

Financial Highlights

Market Cap: $27.86B
EBITDA: $2.64B
P/E Ratio: $18.48
PEG Ratio: $1.37
Book Value: $-15.02
Dividend/Share: $1.70
Dividend Yield: 2.36%
Earnings/Share: $3.96
Profit Margin: 10.17%
Operating Margin: 15.13%
ROA (TTM): 14.25%
ROE (TTM): 0.00%
Revenue (TTM): $14.91B
Revenue/Share (TTM): $38.45
Earnings Growth (YOY): 13.00%
Revenue Growth (YOY): 7.30%

Valuation Metrics

Enterprise Value: $35.41B
Trailing P/E: 18.48
Forward P/E: 17.12

Shares Statistics

Shares Outstanding: 380.67M
Shares Float: 379.95M
% Insiders: 11.60%
% Institutions: 9,507.30%
Short % Float: 4.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$14.43B
Cost of Goods Sold
adjust
$-10.06B
Gross Profit
subtotal
$4.37B
SG&A
adjust
$-1.89B
R&D
adjust
$-152.00M
Other Operating Expense
adjust
$-192.00M
Operating Income
subtotal
$2.13B
Other / Non-Operating Items
adjust
$-749.00M
Net Income
subtotal
$1.38B

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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