Otis Worldwide (OTIS) Financial History
Review Otis Worldwide annual and quarterly financial results, key ratios, insider transactions and SEC filing history in one chronological view. Data available from FY2018 through FY2025.
Financials
8 fiscal years, FY2018 to FY2025
Insider trades
628 trades
Risk factor changes
26 changes in the latest 10-K
Filings
Annual and quarterly reports
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Otis Worldwide Financial Statements
History since FY2018. Annual, in US dollars. Source: 10-K XBRL data.
Otis Worldwide Revenue and Growth
Compare reported revenue and year-over-year revenue growth across available fiscal years.
Otis Worldwide Income Statements
Review revenue, gross profit, operating income, net income and earnings per share.
Otis Worldwide Balance Sheets
Review reported debt and book-value-based ratios where company data is available.
Otis Worldwide Cash Flow Statements
Compare reported free cash flow across the available fiscal history.
Otis Worldwide Financial Ratios
Compare net margin, price-to-earnings and price-to-book ratios by fiscal year.
| Fiscal year | FY2018 🔒 | FY2019 🔒 | FY2020 🔒 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ••••• | ••••• | ••••• | $14.3B | $13.7B | $14.2B | $14.3B | $14.4B |
| Revenue growth | ••••• | ••••• | ••••• | — | -4.3% | +3.8% | +0.4% | +1.2% |
| Gross profit | ••••• | ••••• | ••••• | — | — | — | — | — |
| Operating income | ••••• | ••••• | ••••• | $2.1B | $2.0B | $2.2B | $2.0B | $2.1B |
| Net income | ••••• | ••••• | ••••• | $1.2B | $1.3B | $1.4B | $1.6B | $1.4B |
| Debt | ••••• | ••••• | ••••• | $7.3B | $6.8B | $6.9B | $8.3B | $8.0B |
| Free cash flow | ••••• | ••••• | ••••• | $1.6B | $1.4B | $1.5B | $1.4B | $1.4B |
| Net margin | ••••• | ••••• | ••••• | 8.7% | 9.2% | 9.9% | 11.5% | 9.6% |
| EPS (diluted) | ••••• | ••••• | ••••• | $2.89 | $2.96 | $3.39 | $4.07 | $3.50 |
| P/E ratio | ••••• | ••••• | ••••• | 30.1× | 26.5× | 26.4× | 22.8× | 25.0× |
| P/B ratio | ••••• | ••••• | ••••• | — | — | — | — | — |
Daily closing prices, aggregated by calendar year.
| Year | 2020 🔒 | 2021 🔒 | 2022 | 2023 | 2024 | 2025 | 2026 (YTD) |
|---|---|---|---|---|---|---|---|
| Open | ••••• | ••••• | $87.28 | $79.01 | $88.53 | $93.21 | $87.47 |
| Close | ••••• | ••••• | $78.30 | $89.51 | $92.61 | $87.36 | $79.57 |
| High | ••••• | ••••• | $88.21 | $91.29 | $106.31 | $106.81 | $94.55 |
| Low | ••••• | ••••• | $62.53 | $73.33 | $85.42 | $84.26 | $63.58 |
| Annual return | ••••• | ••••• | -10.0% | +14.3% | +3.5% | -5.7% | -8.9% |
Otis Worldwide Insider Transactions
From Form 4 filings. Showing the latest 5 of 628 trades.
| Traded | Filed | Insider | Type | Shares | Value | % of holdings |
|---|---|---|---|---|---|---|
| 2026-11-03 | 2026-11-04 | Joseph Jay Armas President, Otis Americas | Sold (2 trades) | 835 | $65K at ~$77.74 | 28% |
| 2026-11-01 | 2026-11-03 | Viseras Enrique Minarro COO | Option exercise | 2,805 | — | — |
| 2026-11-01 | 2026-11-03 | Viseras Enrique Minarro COO | Tax withholding | 1,319 | $100K | — |
| 2026-09-02 | 2026-09-04 | Kimberly Shannon Gosk Executive VP & CPO | Option exercise (8 trades) | 7,464 | — | — |
| 2026-09-02 | 2026-09-04 | Kimberly Shannon Gosk Executive VP & CPO | Tax withholding | 274 | $19K | — |
Otis Worldwide Risk Factor Changes
Latest 10-K compared with the year before. 26 changes found.
Our international sales and operations are subject to risks associated with geopolitical conflicts, including the ongoing conflicts between Russia and Ukraine and instability in the Middle East.
In addition, our business may be impacted by disruptions to our own or third-party information technology ("IT") infrastructure, which could result from (among other causes) cyberattacks on or failures of such infrast…
If our sustainability and responsibility practices do not meet evolving regulations, investor or other stakeholder expectations and standards, then our reputation, our ability to attract or retain employees, and our a…
We report on our sustainability and responsibility projects and programs, as required by applicable law and voluntarily.
For a description of current material legal proceedings, see "Note 20: Contingent Liabilities" in Item 8 of this Form 10-K.
We also must comply with various laws and regulations relating to the export of products, services and technology from the U.S.
As a global business, we are subject to complex laws and regulations in the U.S.
See "Business Overview" and "Results of Operations – Income Taxes" in Item 7 and "Note 2: Summary of Significant Accounting Policies" and "Note 14: Income Taxes" in Item 8 in this Form 10-K, for further discussion on…
As of December 31, 2025, we had $7.7 billion outstanding long-term debt.
We seek to grow our business through the design, development, production, sale and support of innovative products that incorporate advanced technologies.
We design, manufacture, install and service products that incorporate advanced technologies; the introduction of new products and technologies, including artificial intelligence, involves risks, and we may not realize…
China is currently the largest end market for sales of new equipment in our industry, with our New Equipment net sales in China representing approximately one fifth of our global New Equipment net sales and over half…
Our international sales and operations are subject to risks associated with changes in local government laws, regulations and policies, including those related to investments and limitations on foreign ownership of bu…
Our international operations subject us to risks associated with government policies on international trade and investments and risks in general and particularly in China.
We conduct our business on a global basis, with approximately 71% of our 2025 net sales derived from international operations.
The occurrence of one or more unexpected events, including war (see discussion below regarding ongoing conflicts), acts of terrorism or violence, civil unrest, pandemics, fires, tornadoes, hurricanes, earthquakes, flo…
In connection with the Separation, our former parent UTC undertook several corporate reorganization transactions involving its subsidiaries, which, including the Separation of Otis, may be subject to various fraudulen…
Potential liabilities may arise due to fraudulent transfer considerations, which would adversely affect our financial condition and results of operations.
In addition, our business may be impacted by disruptions to our own or third-party information technology ("IT") infrastructure, which could result from (among other causes) cyberattacks on or failures of such infrast…
We are impacted by evolving stakeholder interest in public company performance, disclosure, and goal-setting with respect to ESG matters.
infrastructure, including through cyberattack or cyber-intrusion; adverse changes in international trade policies and relations; regulatory enforcement; our ability to implement and execute our business strategy; terr…
into U.S.
We are impacted by evolving stakeholder interest in sustainability and responsibility matters.
Additionally, we provide products and services to government entities.
Further, as we integrate emerging and rapidly evolving technologies, including AI, into our products and services, we face evolving risks related to safety, data governance, regulatory compliance and intellectual prop…
The implementation of more restrictive trade policies, including tariffs and retaliatory actions in response thereto, or the renegotiation of existing trade agreements with the U.S.
Otis Worldwide SEC Filings
Latest annual and quarterly reports, current reports, proxy statements and ownership filings.
| Form | Filed | Description | Document |
|---|---|---|---|
| Current report (8-K) | 2026-11-05 | Other news | View document |
| Quarterly report (10-Q) | 2026-10-29 | Quarter ended Sep 30, 2026 | View document |
| Current report (8-K) | 2026-10-28 | Quarterly results | View document |
| Current report (8-K) | 2026-09-15 | Executive change, Company update | View document |
| Quarterly report (10-Q) | 2026-07-23 | Quarter ended Jun 30, 2026 | View document |
Otis Worldwide financial metrics by year
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