Otis Worldwide CorporationOTIS
NYSE•Industrials•Specialty Industrial Machinery
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.
Otis Worldwide Corporation (OTIS) reported trailing twelve months revenue of $14.65B as of March 2026, a 3.3% increase year-over-year. Quarterly revenue reached $3.57B, reflecting continued top-line momentum.
Otis Worldwide Corporation generated $1.55B in TTM net income, with quarterly EBITDA of $539.00M. The operating margin expanded from 12.3% to 15.1%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (15.1%) and net margin (9.9%) indicates moderate non-operating costs. Net margin has improved from 7.6% a year ago, signaling stronger bottom-line efficiency.
OTIS trades at a P/E of 19.1x (in line with broad market averages) and a P/S of 2.0x.
The company generated $380.00M in free cash flow over the trailing twelve months, a 143.6% increase year-over-year, indicating cash generation ability. The balance sheet shows $10.54B in total assets with $6.88B in long-term debt against $-5.68B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~14.3%, suggesting durable pricing power and cost discipline.
Limited ROE data for a reliable assessment.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue shows resilience with 5 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~15.4% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 3.7% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation