OTIS
Industrials

Otis Worldwide Corporation

OTIS
Since

Headquarters:

CT, United States

Exchange:

NYSE

Industry:

Specialty Industrial Machinery

Number of Employees:

71.00K

Current Fiscal Year:

2024

Market Cap:

37.91B

Price per Share:

$94.9

Quarterly Dividend per Share:

$0.39
Year-to-date Performance:
2.8838%
Dividend Yield:
1.55%
Price-to-book Ratio:
-7.73
Trailing P/E Ratio:
23.24

Price History

Latest Prices

DateOpenHighLowClose
2025-04-2993.1695.2893.1394.9
2025-04-2892.9393.9292.593.65
2025-04-2593.3193.791.73592.93
2025-04-2492.6293.4792.1192.74
2025-04-2395.9497.3890.574692.3

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.

Financial Performance

2024 Revenue:14.21B

Detailed view of quarterly revenue

2024 Net Income:1.63B

Detailed view of quarterly net income

2024 Free Cash Flow:1.34B

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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