Otis Worldwide Performance and Valuation Analysis

Otis Worldwide is a leading global provider of elevators and escalators.

The company operates in over 200 countries and has a strong presence in the commercial and residential markets.

Otis Worldwide reported a revenue of $4.1 billion in 2020, with a net income of $444 million.

This financial performance is a testament to the company's ability to adapt to changing market conditions and customer needs.

The company's diversified product portfolio includes elevators, escalators, moving walks, and modernization solutions.

Its focus on innovation and customer satisfaction has enabled Otis Worldwide to maintain a strong market position.

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Otis Worldwide Corp has reported a steady increase in revenue over the years, reaching 14.3 billion U.S. dollars in 2023.

Their operating profit has also been on the rise, with a notable increase in million U.S. dollars from 2009 to 2023.

One of the significant challenges for Otis Worldwide is managing the impact of economic fluctuations on construction and real estate markets, which directly influence the demand for new installations and maintenance of elevators and escalators.

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Their net income has been considerable, with a reported 1.25 billion U.S. dollars in net income.

Otis Worldwide's cost of goods sold has been a significant expense, totaling 2.2 billion U.S. dollars in 2023.

Their research and development expenditure has also been substantial, with a reported 143 million U.S. dollars in 2023.

Here are Otis Worldwide's key financial highlights:

Their total assets have been steadily increasing, reaching 12.28 billion U.S. dollars in 2023.

As of October 24, 2025, Otis Worldwide's trailing total returns include dividends or other distributions.

The company's performance is compared to the S&P 500 benchmark, which is a widely followed stock market index.

Otis Worldwide's returns have been volatile, with a 1-year return of -8.74% as of the given date.

In contrast, the S&P 500 had a 1-year return of +16.9% over the same period.

Here's a summary of Otis Worldwide's performance over different time frames:

Over the past 5 years, Otis Worldwide's return has been +55.98%, which is a significant improvement from its 1-year return.

The S&P 500's 5-year return of +95.99% is even more impressive, highlighting the challenges Otis Worldwide faced in comparison.

Otis Worldwide's valuation metrics are a crucial aspect of understanding the company's financial health. Market capitalization stands at $36.20B, while enterprise value is $43.64B.

The trailing P/E ratio is 24.40, indicating a relatively high valuation multiple. This is slightly higher than the forward P/E ratio of 20.79, suggesting that investors are expecting a moderate level of growth in the future.

The PEG ratio (5yr expected) is 2.27, which may indicate that the stock is overvalued compared to its growth prospects. The price-to-sales ratio is 2.60, which is relatively high compared to other companies in the industry.

Otis Worldwide's valuation multiples are as follows:

The price-to-book ratio is negative in all quarters, indicating that the company's stock price is lower than its book value. This could be due to various factors such as high debt levels or accounting irregularities.

Otis Worldwide has a rich history, being founded by Elisha Graves Otis in 1853.

The company operates through two main segments: New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs elevators.

Otis Worldwide is headquartered in Farmington, CT.

Otis Worldwide Corp. was founded by Elisha Graves Otis in 1853. The company has a rich history spanning over 160 years.

The company is headquartered in Farmington, CT. This location has been the hub of operations for Otis Worldwide Corp. for many years.

Otis Worldwide Corp. operates through two main segments: New Equipment and Service. The New Equipment segment focuses on designing, manufacturing, selling, and installing elevators and escalators.

The Service segment offers maintenance and repair services, and modernization services to upgrade elevators and escalators. This segment plays a crucial role in keeping the elevators and escalators in good working condition.

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The company has been quite active in recent years. In 2025, they unveiled new flexible Arise MOD Prime and Arise MOD Plus solutions in Europe in September.

These new products were a major development for the company, showcasing their commitment to innovation. The solutions were likely designed to meet the growing demand for advanced mobility systems.

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In June 2025, the company announced plans to provide vertical mobility solutions for The Kross, a 39-story mixed-use building in Ho Chi Minh. This project likely required careful planning and execution.

The company also expanded its presence in the US through strategic acquisitions. In April 2025, they acquired eight Urban Elevator locations, further solidifying their position in the market.

Here are the key events from 2025:

Otis Worldwide is a global player in the elevator and escalator industry, but how does it stack up against its competitors? Let's take a look at the facts.

Otis Worldwide has its headquarters in the United States of America, specifically in Farmington, Connecticut.

Johnson Controls International Plc, another major player in the industry, is based in Ireland, with its headquarters in Cork.

Otis Worldwide employs around 72,000 people, which is significantly lower than Johnson Controls International Plc's 94,000 employees.

Schindler Holding Ltd, a Swiss-based company, has a similar number of employees to Otis Worldwide, with 69,922 staff members.

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Here's a comparison of the key parameters of these companies:

KONE Corp, a Finnish company, has a significantly lower number of employees compared to the other companies mentioned, with 63,984 staff members.

Kleemann Hellas SA, a private Greek company, has the smallest number of employees, with only 1,755 staff members.

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Otis Worldwide has reported a steady increase in earnings over the years. Its revenue has grown from $3.4 billion in 2017 to $3.6 billion in 2018.

The company's net income has also seen a significant rise, from $344 million in 2017 to $362 million in 2018.

In 2018, Otis Worldwide's operating profit margin stood at 12.4%, up from 11.6% in 2017.

The company's strong financial performance is a testament to its commitment to innovation and customer satisfaction.

Otis Worldwide's revenue growth is driven by its expanding product portfolio, which includes a wide range of elevators, escalators, and moving walkways.

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Otis Worldwide is a leading global company with a rich history dating back to 1853. Otis was founded by Elisha Otis, an American inventor who revolutionized the elevator industry with his safety elevator.

The company has a significant presence in the elevator and escalator industry, with over 2 million elevators installed worldwide. Otis has a portfolio of iconic brands, including Otis, Genie, and Kleemann.

Otis Worldwide has a global workforce of over 70,000 employees, with operations in more than 200 countries. The company's commitment to innovation has led to the development of cutting-edge technologies, such as the Genie aerial work platform.

In 2019, Otis Worldwide was acquired by United Technologies Corporation (UTC), a multinational conglomerate.

Otis Worldwide is a leading player in the elevator and escalator industry, with a strong presence in the global market. The company's revenue is primarily influenced by the demand for these systems, which is shaped by factors such as urbanization and construction activity.

Otis Worldwide has reported a significant revenue of $14.3 billion U.S. dollars. This figure underscores the company's position as a major player in the industry.

The company's profit is also noteworthy, with a net income of $1.25 billion U.S. dollars. This is a testament to Otis Worldwide's ability to manage the impact of economic fluctuations on the construction and real estate markets.

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Here are some key financial highlights of Otis Worldwide:

Otis Worldwide's diverse portfolio of elevator and escalator systems, as well as related services, technology, and intellectual property, constitutes a comprehensive offering in the vertical transportation solutions market.

Otis Worldwide has a long history of innovation in the elevator industry, with the company's first electric elevator patented in 1903. This innovation paved the way for the modern elevator industry.

The company's focus on innovation has continued to the present day, with Otis investing heavily in research and development. Otis has developed a range of smart elevator technologies, including destination control systems that can optimize elevator usage and reduce wait times.

The company's commitment to sustainability is also evident, with Otis aiming to reduce its carbon footprint through the use of energy-efficient technologies. Otis has developed a range of eco-friendly elevator products that use advanced materials and design to minimize energy consumption.

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In addition to its focus on innovation and sustainability, Otis has also made significant investments in digital transformation. The company has developed a range of digital tools and platforms to support its customers, including a mobile app that allows users to control and monitor their elevators remotely.

Otis has also expanded its services to include a range of maintenance and repair options, making it easier for customers to keep their elevators in good working order.

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