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Companies / Industrials / Otis Worldwide
OTIS

Otis Worldwide

IndustrialsElectronic EquipmentS&P 500
Ticker OTISFARMINGTON, CTFiscal year ends DecemberBook value per share $-14.88Diluted shares 386.4M

Otis Worldwide Corporation (NYSE: OTIS) is the world's leading elevator and escalator manufacturing, installation, service and modernization company. The company operates through two primary segments: New Equipment, which contributes 35% of net sales and 9% of segment operating profit, and Service, which represents… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$14.43BFY2025
+1.2% year over year
Last 12 mo $14.91B
14.78%FY2025
+0.7 percentage points
Last 12 mo 15.35%
$1.46BFY2025
−16.1% year over year
Last 12 mo $1.58B
-25.67%FY2025
+8.3 percentage points
Last 12 mo -26.37%
Cash & financing
$1.60BFY2025
+2.1% year over year
Last 12 mo $1.87B
$1.44BFY2025
+0.5% year over year
Last 12 mo $1.71B
-1.48FY2025
Was -1.72× a year earlier
Last 12 mo -1.47
394.9MFY2025
−2.3% year over year
Last 12 mo 386.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Otis Worldwide does

In the company’s own words

Otis Worldwide Corporation (NYSE: OTIS) is the world's leading elevator and escalator manufacturing, installation, service and modernization company. The company operates through two primary segments: New Equipment, which contributes 35% of net sales and 9% of segment operating profit, and Service, which represents 65% of net sales and 91% of segment operating profit. Otis serves customers across more than 200 countries and territories with a global workforce of approximately 72,000 colleagues, including roughly 45,000 field professionals, distributed across more than 1,400 branches and offices with direct physical presence in over 70 countries.

The New Equipment segment designs, manufactures, sells and installs passenger and freight elevators, escalators and moving walkways for residential, commercial and infrastructure projects. The company offers several elevator platforms including Gen2, Gen3, Gen360 and SkyRise, each tailored to different building heights and customer requirements. The Service segment maintains a portfolio of approximately 2.5 million units globally, providing maintenance, repair and modernization services through its extensive network of service technicians and 24/7 OTISLINE customer support operations.

Otis maintains a robust research and development operation with 11 R&D centers, 16 factories worldwide and 1,300 engineers globally, with particular focus on digital initiatives and the Otis ONE IoT platform for real-time equipment monitoring and predictive maintenance. The company holds approximately 4,600 issued patents across various jurisdictions with roughly 1,300 patent applications pending globally.

International operations represent approximately 71% of net sales, with geographic distribution of 45% in Asia, 34% in Europe, the Middle East and Africa, and 21% in the Americas. The company was incorporated as a Delaware corporation on March 1, 2019 in connection with its separation from United Technologies Corporation, which was completed on April 3, 2020. More information is available at www.otis.com.

Company details
Sector
Industrials
Industry (SIC)
Electronic Equipment
Headquarters
FARMINGTON, CT
Fiscal year end
December
CIK
1781335
SIC
3600

Financial performance, year by year

Fiscal 2020–2025 · USD
$-1.49B$2.98B$7.46B$11.93B$16.40B202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Otis Worldwide — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

697
funds hold it
1 of 35
superinvestors hold it
$9.71B
held by funds, at market
34.9%
of shares held by funds
10
bond issues held by funds

Superinvestors in Otis Worldwide · what they did last quarter

Tom GaynerINCREASED +16.6%
Markel Group (Markel-Gayner)
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Otis Worldwide’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.27%of fund net assets
—of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Otis Worldwide’s bonds, as funds hold them

Funds report holding 10 issues of Otis Worldwide’s debt, $800.95M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.09%, maturing 2026 to 2050.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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