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Stocks / United States / OTIS · Electronic & Other Electrical Equipment (No Computer Equip) · NYSE

Otis Worldwide Corp. (OTIS)

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Otis Worldwide Corp. (OTIS) reported revenue of $3.9 billion for Q2 FY2026, the quarter ended 30 June 2026, up 7.3% on the same quarter a year earlier. Net income was $428 million, up 8.9% on the year, and diluted earnings per share $1.12. The figures are the company's own, from the 10-Q it filed with the SEC on 23 July 2026.

Revenue$3.9 billionup 7.3%
Net income$428 millionup 8.9%
Diluted EPS$1.12
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROEn/a
ROCEn/a
Operating margin15.4%
Net margin10.2%
FCF margin11.5%
Interest cover9.95
Debt to equityn/a
Cash conversion1.23
Share count, 1 year-3.0%
Sales CAGR, 3 years1.8%
Profit CAGR, 3 years3.4%
EPS, TTM$3.89

At the close of 21 September 2026

Price$66.64
Market cap$25.4 billion
Stock P/E17.13
Price to bookn/a
EV / EBITDA13.32
Dividend yield2.5%
Market cap / sales1.70
52-week high$93.62
52-week low$66.64
Price, 1 year-25.3%
Price CAGR, 3 years-6.2%
Price CAGR, 5 years-4.6%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Otis Worldwide Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on OTIS

Filings19 in twelve months: 8 current reports (8-K), about 4 results of operations; 2 officer or director change; 1 regulation fd disclosure; 1 shareholder vote; 1 other events
Planned insider sales7 Form 144 notices in twelve months, $17.1 million; latest 7 May 2026
Options tapeput/call 1.35 by open interest on 23 September 2026; the straddle prices a 4.3% move to 16 October 2026
Holders10 of the followed funds hold it; largest Geode Capital Management; 3 Schedule 13D or 13G filings in twelve months
Insider trading9 sales and 0 purchases on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest15.1 million shares short, 4.61 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue3,5233,6203,4373,6013,5483,6753,3503,5953,6903,7963,5663,859
R&D36.037.036.039.040.037.037.038.036.041.038.039.0
SG&A452498462449455495464499504512510520
Operating income571522544570363531411547586589539575
Operating margin16%14%16%16%10%14%12%15%16%16%15%15%
Interest expense38.050.043.043.043.054.057.050.053.057.058.062.0
Pre-tax income532477500544512483366521521526480547
Tax rate26%28%25%17%-9%27%30%19%25%27%26%18%
Net income376323353415540337243393374374340428
Net margin11%9%10%12%15%9%7%11%10%10%10%11%
Diluted EPS$0.91$0.79$0.86$1.02$1.34$0.85$0.61$0.99$0.95$0.95$0.87$1.12
Operating cash flow306597171308394690190215374817413267
Capital expenditure34.042.031.024.032.039.034.036.037.045.033.044.0
Free cash flow272555140284362651156179337772380223
Buybacks2252253003002002072533082480.0400407
Dividends paid139139138157155156155164164164163167
Shares outstanding409m437m404m401m399m439m395m392m390m389m384m381m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 8 fiscal years and the trailing twelve months

FY2018 FY2019FY2020 FY2021FY2022FY2023FY2024FY2025TTM
Revenue12,91513,11812,75614,29813,68514,20914,26114,43114,911
Research and development181163152159150144152152154
Selling, general and administrative1,7351,8101,9241,9481,7631,8841,8611,9792,046
Operating income1,8351,8141,6392,1082,0332,1862,0082,1332,289
Operating margin14.2%13.8%12.8%14.7%14.9%15.4%14.1%14.8%15.4%
Interest expensen/a0.0124136140155183217230
Pre-tax income1,8931,8611,5111,9611,8882,0312,0391,9342,074
Income tax683594455541519533305479496
Effective tax rate36.1%31.9%30.1%27.6%27.5%26.2%15.0%24.8%23.9%
Net income1,0491,1169061,2461,2531,4061,6451,3841,516
Net margin8.1%8.5%7.1%8.7%9.2%9.9%11.5%9.6%10.2%
Diluted EPS$2.42$2.58$2.08$2.89$2.96$3.39$4.07$3.50$3.89
Filing10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2018 FY2019FY2020 FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow1,5501,4691,4801,7501,5601,6271,5631,5961,871
Capital expenditure172145183156115138126152159
Free cash flow1,3781,3241,2971,5941,4451,4891,4371,4441,712
Free cash flow margin10.7%10.1%10.2%11.1%10.6%10.5%10.1%10.0%11.5%
Depreciation and amortisation190180191203191193181175172
Share-based compensation38.037.063.065.067.064.073.080.075.0
Buybacksn/a0.00.07258508001,0078091,055
Dividends paid0.00.0260393465539606647658
Dividend per share$0.00$0.00$0.60$0.92$1.11$1.31$1.51$1.65n/a
Diluted shares, weighted433m433m435m431m423m415m404m395m384m
Shares outstanding at period endn/an/a433m435m436m437m439mn/a381m
Filing10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2018 FY2019FY2020 FY2021FY2022FY2023FY2024FY2025TTM
Total assetsn/a9,68710,71012,2799,81910,11711,31610,65311,156
Cash and equivalents1,3291,4461,7821,5651,1891,2742,3001,096813
Receivablesn/a2,8613,1483,2323,3573,5383,4283,6883,985
Inventoryn/a571659622617612557613686
Goodwill1,6881,6471,7731,6671,5671,5881,5481,6951,794
Long-term debtn/a5.05,2627,2496,6296,8668,2737,7418,226
Long-term debt including finance leasesn/a5.0n/an/a6,6716,9108,3227,785n/a
Borrowings, as the company tags themn/a5.05,3057,3006,6716,9068,3167,7798,270
Operating lease liabilitiesn/a386367336315292298397410
Shareholders' equity2,0121,700-3,862-3,625-4,870-4,924-4,848-5,392-5,748
Filing10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a2.5%1.8%5.2%
Profit growth, compoundedn/a8.8%3.4%0.2%
Return on equity, averagen/an/an/an/a

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Electronic & Other Electrical Equipment (No Computer Equip)

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
General Electric Co. GE$331.0 billion37.5750.9%18.1%21.7%1.090.5%
GE Vernova Inc. GEV$252.0 billion27.1779.7%4.3%13.0%0.230.1%
Emerson Electric Co. EMR$84.6 billion33.2212.7%n/a4.8%0.371.4%
Otis Worldwide Corp. OTIS$25.4 billion17.13n/a15.4%5.2%n/a2.5%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 202623 July 2026EDGAR
10-Q31 March 202623 April 2026EDGAR
10-K31 December 20255 February 2026EDGAR
10-Q30 September 202530 October 2025EDGAR
10-Q30 June 202524 July 2025EDGAR
10-Q31 March 202524 April 2025EDGAR
10-K31 December 20244 February 2025EDGAR
10-Q30 September 202431 October 2024EDGAR
10-Q30 June 202425 July 2024EDGAR
10-Q31 March 202425 April 2024EDGAR

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