Otis Worldwide Corp (OTIS) Financial Statements
Industry: Electronic & Other Electrical Equipment (No Computer Equip)
In fiscal 2025, Otis Worldwide reported revenue of $14.43B, up 1.2% from $14.26B the year before. Net income was $1.38B (a 9.6% net margin), or $3.50 per diluted share. Gross margin was 15.5% and operating margin was 14.8%. Operating activities generated $1.60B of cash, leaving $1.44B of free cash flow. At fiscal year end, Otis Worldwide held $10.65B in total assets against $15.92B in total liabilities, including $1.10B of cash and equivalents.
Open the full interactive Otis Worldwide financials → Quarterly statements, key ratios, valuation history and price charts.
Otis Worldwide Key Stats
| Share Price | $67.68 |
|---|---|
| Market Cap | $25.96B |
| P/E Ratio | 19.3 |
| Revenue YoY Growth | +1.2% |
| 52-Week Range | $64.05 – $92.50 |
| Shares Outstanding | 382.6 million (basic, 2026 Q2) |
Otis Worldwide Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $12.76B | $14.30B | $13.69B | $14.21B | $14.26B | $14.43B |
| Cost of Goods Sold | $11.05B | $12.21B | $11.68B | $12.04B | $12.02B | $12.19B |
| Gross Profit | $1.70B | $2.09B | $2.01B | $2.17B | $2.24B | $2.24B |
| Operating Income | $1.64B | $2.11B | $2.03B | $2.19B | $2.01B | $2.13B |
| Pre-Tax Income | $1.51B | $1.96B | $1.89B | $2.03B | $2.04B | $1.93B |
| Income Tax | $455.0M | $541.0M | $519.0M | $533.0M | $305.0M | $479.0M |
| Net Income | $906.0M | $1.25B | $1.25B | $1.41B | $1.65B | $1.38B |
| Diluted EPS | $2.08 | $2.89 | $2.96 | $3.39 | $4.07 | $3.50 |
Otis Worldwide Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.69B | $3.80B | $3.57B | $3.86B |
| Net Income | $374.0M | $374.0M | $340.0M | $428.0M |
| Diluted EPS | $0.95 | $0.95 | $0.87 | $1.12 |
Otis Worldwide Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.78B | $1.56B | $1.19B | $1.27B | $2.30B | $1.10B |
| Current Assets | $6.49B | $8.26B | $6.14B | $6.40B | $7.67B | $6.50B |
| Total Assets | $10.71B | $12.28B | $9.82B | $10.12B | $11.32B | $10.65B |
| Current Liabilities | $6.67B | $6.25B | $6.84B | $6.48B | $7.75B | $7.66B |
| Total Long-Term Debt | $5.26B | $7.25B | $6.63B | $6.87B | $8.27B | $7.74B |
| Total Liabilities | $13.91B | $15.26B | $14.48B | $14.84B | $16.04B | $15.92B |
| Shareholders' Equity | -$3.83B | -$3.62B | -$4.87B | -$4.92B | -$4.85B | -$5.39B |
Otis Worldwide Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.48B | $1.75B | $1.56B | $1.63B | $1.56B | $1.60B |
| Cash From Investing | -$353.0M | -$89.0M | -$33.0M | -$183.0M | -$164.0M | -$406.0M |
| Cash From Financing | -$844.0M | $58.0M | -$3.65B | -$1.35B | -$309.0M | -$2.42B |
| Free Cash Flow | $1.30B | $1.59B | $1.45B | $1.49B | $1.44B | $1.44B |
Figures from Otis Worldwide's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Otis Worldwide financials page for every line item.
Otis Worldwide Company Profile
| Ticker | OTIS |
|---|---|
| Exchange | NYSE |
| Industry | Electronic & Other Electrical Equipment (No Computer Equip) |
| Headquarters | Farmington, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001781335 |
Frequently Asked Questions
What was Otis Worldwide's revenue in fiscal 2025?
Otis Worldwide (OTIS) reported revenue of $14.43B for fiscal 2025.
What is Otis Worldwide's annual revenue history?
Otis Worldwide's annual revenue by fiscal year: 2020: $12.76B; 2021: $14.30B; 2022: $13.69B; 2023: $14.21B; 2024: $14.26B; 2025: $14.43B.
What was Otis Worldwide's net income in fiscal 2025?
Otis Worldwide reported net income of $1.38B for fiscal 2025.
What was Otis Worldwide's earnings per share (EPS) in fiscal 2025?
Otis Worldwide's diluted EPS was $3.50 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Otis Worldwide generate in fiscal 2025?
Otis Worldwide generated $1.44B of free cash flow in fiscal 2025.
What was Otis Worldwide's revenue last quarter?
In its most recent reported quarter (2026 Q2), Otis Worldwide reported revenue of $3.86B.
How much debt does Otis Worldwide have?
Otis Worldwide reported $7.74B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Otis Worldwide are outstanding?
Otis Worldwide reported a weighted average of 382.6 million basic shares outstanding in 2026 Q2.
What is Otis Worldwide's market cap?
Based on its latest closing price, Otis Worldwide (OTIS) has a market capitalization of about $25.96B.
When does Otis Worldwide's fiscal year end?
Otis Worldwide's fiscal year end, as registered with the SEC, is December 31.
Where is Otis Worldwide headquartered?
Otis Worldwide lists its business address in Farmington, Connecticut in its SEC filings.
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