OTIS · Otis Worldwide Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.57B | - | $3.69B | $3.60B | $3.35B | - | $3.55B | $3.60B | $3.44B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $38.00M | - | $36.00M | $38.00M | $37.00M | - | $40.00M | $39.00M | $36.00M | - |
| SG&A | $510.00M | - | $504.00M | $499.00M | $464.00M | - | $455.00M | $449.00M | $462.00M | - |
| Total Operating Expenses | $3.03B | - | $3.10B | $3.04B | $2.85B | - | $2.96B | $3.01B | $2.91B | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $539.00M | - | $586.00M | $547.00M | $411.00M | - | $363.00M | $570.00M | $544.00M | - |
| Interest Expense | $58.00M | - | $53.00M | $50.00M | $57.00M | - | $43.00M | $43.00M | $43.00M | - |
| Income Tax | $127.00M | - | $129.00M | $98.00M | $110.00M | - | ($45.00M) | $94.00M | $126.00M | - |
| Net Income | $340.00M | - | $374.00M | $393.00M | $243.00M | - | $540.00M | $415.00M | $353.00M | - |
| EPS - Basic | $0.88 | - | $0.96 | $1.00 | $0.61 | - | $1.35 | $1.03 | $0.87 | - |
| EPS - Diluted | $0.87 | - | $0.95 | $0.99 | $0.61 | - | $1.34 | $1.02 | $0.86 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $834.00M | $1.10B | $840.00M | $688.00M | $1.92B | $2.30B | $827.00M | $942.00M | $884.00M | $1.27B |
| Accounts Receivable | $3.92B | $3.69B | $3.75B | $3.70B | $3.57B | $3.43B | $3.60B | $3.61B | $3.65B | $3.54B |
| Inventory | $669.00M | $613.00M | $640.00M | $602.00M | $586.00M | $557.00M | $625.00M | $605.00M | $593.00M | $612.00M |
| Accounts Payable | $1.98B | $2.14B | $1.76B | $1.74B | $1.62B | $1.88B | $1.78B | $1.72B | $1.64B | $1.88B |
| Current Assets | $6.46B | $6.50B | $6.61B | $6.39B | $7.43B | $7.67B | $6.50B | $6.24B | $6.14B | $6.40B |
| Total Assets | $10.54B | $10.65B | $10.77B | $10.49B | $11.18B | $11.32B | $10.26B | $9.86B | $9.79B | $10.12B |
| Current Liabilities | $7.72B | $7.66B | $7.07B | $7.25B | $7.89B | $7.75B | $8.10B | $7.89B | $6.32B | $6.48B |
| Long-term Debt | $6.88B | $6.90B | $7.59B | $7.07B | $6.92B | $6.97B | $5.60B | $5.53B | $6.85B | $6.87B |
| Total Liabilities | $15.98B | $15.92B | $16.06B | $15.70B | $16.17B | $16.04B | $15.04B | $14.74B | $14.61B | $14.84B |
| Stockholders' Equity | ($5.68B) | ($5.39B) | ($5.42B) | ($5.37B) | ($5.13B) | ($4.85B) | ($4.90B) | ($5.05B) | ($5.02B) | ($4.92B) |
| Retained Earnings | ($378.00M) | $188.00M | ($453.00M) | ($663.00M) | ($889.00M) | ($978.00M) | ($1.15B) | ($1.54B) | ($1.79B) | ($2.00B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $413.00M | - | - | - | $190.00M | - | - | - | $171.00M | - |
| Investing Cash Flow | $15.00M | - | - | - | ($161.00M) | - | - | - | ($79.00M) | - |
| Financing Cash Flow | ($694.00M) | - | - | - | ($428.00M) | - | - | - | ($467.00M) | - |
| CapEx | $33.00M | - | - | - | $34.00M | - | - | - | $31.00M | - |
| Free Cash Flow | $380.00M | - | - | - | $156.00M | - | - | - | $140.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 15.1% | - | 15.9% | 15.2% | 12.3% | - | 10.2% | 15.8% | 15.8% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 9.5% | - | 10.1% | 10.9% | 7.3% | - | 15.2% | 11.5% | 10.3% | - |
| Free cash flow margin | 10.7% | - | - | - | 4.7% | - | - | - | 4.1% | - |
| FCF / Net income | 1.12 | - | - | - | 0.64 | - | - | - | 0.40 | - |
| R&D / Revenue | 1.1% | - | 1.0% | 1.1% | 1.1% | - | 1.1% | 1.1% | 1.0% | - |
| SG&A / Revenue | 14.3% | - | 13.7% | 13.9% | 13.9% | - | 12.8% | 12.5% | 13.4% | - |
| Effective tax rate | 27.2% | - | 25.6% | 20.0% | 31.2% | - | -9.1% | 18.5% | 26.3% | - |
| Return on assets | 3.2% | - | 3.5% | 3.7% | 2.2% | - | 5.3% | 4.2% | 3.6% | - |
| Return on equity | -6.0% | - | -6.9% | -7.3% | -4.7% | - | -11.0% | -8.2% | -7.0% | - |
| Return on invested capital | 32.7% | - | 20.1% | 25.6% | 15.8% | - | 52.2% | 96.8% | 22.0% | - |
| Liquidity | ||||||||||
| Current ratio | 0.84 | 0.85 | 0.94 | 0.88 | 0.94 | 0.99 | 0.80 | 0.79 | 0.97 | 0.99 |
| Quick ratio | 0.75 | 0.77 | 0.85 | 0.80 | 0.87 | 0.92 | 0.72 | 0.71 | 0.88 | 0.89 |
| Cash ratio | 0.11 | 0.14 | 0.12 | 0.09 | 0.24 | 0.30 | 0.10 | 0.12 | 0.14 | 0.20 |
| Leverage | ||||||||||
| Debt / Equity | -1.21 | -1.28 | -1.40 | -1.32 | -1.35 | -1.44 | -1.14 | -1.10 | -1.36 | -1.39 |
| Debt / Assets | 0.65 | 0.65 | 0.70 | 0.67 | 0.62 | 0.62 | 0.55 | 0.56 | 0.70 | 0.68 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 9.3x | - | 11.1x | 10.9x | 7.2x | - | 8.4x | 13.3x | 12.7x | - |
| Equity multiplier | -1.86 | -1.98 | -1.99 | -1.96 | -2.18 | -2.33 | -2.09 | -1.95 | -1.95 | -2.05 |
| Liabilities / Assets | 1.52 | 1.49 | 1.49 | 1.50 | 1.45 | 1.42 | 1.47 | 1.50 | 1.49 | 1.47 |
| Efficiency | ||||||||||
| Asset turnover | 0.34 | - | 0.34 | 0.34 | 0.30 | - | 0.35 | 0.37 | 0.35 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 401d | - | 371d | 375d | 389d | - | 371d | 366d | 388d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 88.6x | - | 96.2x | 100.0x | 169.2x | - | 77.6x | 94.4x | 115.4x | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 8.4x | - | 9.7x | 10.9x | 12.3x | - | 11.8x | 10.8x | 11.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.4% | - | 4.0% | -0.2% | -2.5% | - | 0.7% | -3.2% | 2.7% | - |
| Revenue CAGR (3y) | 2.1% | - | 3.3% | 1.0% | -0.6% | - | -0.7% | -0.9% | 0.3% | - |
| Revenue CAGR (5y) | 0.9% | - | 2.5% | 3.5% | 2.5% | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 31.1% | - | 61.4% | -4.0% | -24.4% | - | -36.4% | -1.7% | 6.0% | - |
| Net income growth (YoY) | 39.9% | - | -30.7% | -5.3% | -31.2% | - | 43.6% | 10.4% | 6.6% | - |
| EPS growth (YoY) | 42.6% | - | -29.1% | -2.9% | -29.1% | - | 47.3% | 13.3% | 8.9% | - |
| EPS CAGR (3y) | 3.3% | - | 7.3% | 9.2% | -5.8% | - | 20.3% | 10.3% | 6.6% | - |
| EPS CAGR (5y) | 4.1% | - | 9.3% | 13.7% | - | - | - | - | - | - |
| FCF growth (YoY) | 143.6% | - | - | - | 11.4% | - | - | - | -44.7% | - |
| FCF CAGR (5y) | -6.8% | - | - | - | 5.4% | - | - | - | - | - |
| Book value growth (YoY) | -10.8% | -11.2% | -10.6% | -6.4% | -2.1% | 1.5% | -2.4% | -4.0% | -3.4% | -1.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$14.43B totalServices$9.44B · 65.4%
New Equipment$4.99B · 34.6%
Product / service
$23.87B totalService$9.44B · 39.6%
Service Maintenance And Repair$7.58B · 31.8%
Product$4.99B · 20.9%
Service Modernization$1.86B · 7.8%
Geographic
$14.43B totalOther$8.59B · 59.5%
US$4.19B · 29.0%
CN$1.65B · 11.4%
Peer comparison
Same SIC group: Electronic & Other Electrical Equipment (No Computer Equip)
Comparing Otis Worldwide Corp against the 5 most active filers in the same SIC group.
Dividends
$1.70/share trailing 12 months · +6.9% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.4400 |
| Feb 13, 2026 | $0.4200 |
| Nov 14, 2025 | $0.4200 |
| Aug 15, 2025 | $0.4200 |
| May 16, 2025 | $0.4200 |
| Feb 14, 2025 | $0.3900 |
| Nov 15, 2024 | $0.3900 |
| Aug 16, 2024 | $0.3900 |
| May 16, 2024 | $0.3900 |
| Feb 15, 2024 | $0.3400 |
| Nov 16, 2023 | $0.3400 |
| Aug 17, 2023 | $0.3400 |
| May 18, 2023 | $0.3400 |
| Feb 16, 2023 | $0.2900 |
| Nov 17, 2022 | $0.2900 |
| Aug 18, 2022 | $0.2900 |
| May 19, 2022 | $0.2900 |
| Feb 17, 2022 | $0.2400 |
| Nov 18, 2021 | $0.2400 |
| Aug 19, 2021 | $0.2400 |
| May 20, 2021 | $0.2400 |
| Feb 11, 2021 | $0.2000 |
| Nov 19, 2020 | $0.2000 |
| Aug 20, 2020 | $0.2000 |