Otis Worldwide Corporation (OTIS) Stock

Otis Worldwide Corporation (OTIS) is a Industrials stock trading at $71.75 (as of 2026-08-20), with a market capitalization of $27.31B and a trailing P/E of 18.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Otis Worldwide designs, manufactures, sells, installs, and services elevators and escalators, including passenger and freight elevators, escalators, and moving walkways, for buildings and infrastructure projects. It operates through New Equipment and Service segments, which deliver new equipment as well as maintenance, repair, and modernization for customers in the United States, China, and other international markets.

Understand Otis Worldwide Corporation: how it makes money

Otis Worldwide manufactures, installs, and services elevators and escalators, making money from selling and installing new equipment and from ongoing maintenance, repair, and modernization services.

Otis's profit model is structurally weighted toward the Service business, which provides maintenance, repair, and modernization and shows much higher segment operating profit (Service 0.56B vs New Equipment 0.04B).

Revenue by segment (latest quarter)
Service$2.4B
NewEq$1.1B

Business quality (Weak): Good segment-level operating detail (Service vs New Equipment) and a clear profit engine, but peer context and deeper operating KPIs are not provided in the input.

Valuation: At 19× earnings, OTIS trades 45% below the Electrical Equipment average (35×). Note: one-time items can distort reported P/E.

Bull case

  • Service drives segment profitability: Service segment operating profit is 0.56B, well above New Equipment operating profit of 0.04B in the latest quarter.
  • Two-segment model matches different customer needs: New Equipment covers design, manufacturing, selling, and installing elevators, escalators, and moving walkways, while Service provides maintenance and repair plus modernization upgrades.

Bear case

  • Less profit contribution from New Equipment: New Equipment operating profit is relatively small (0.04B), so company performance depends more heavily on Service.
  • Margin pressure risk if costs or service mix worsen: Latest quarter operating margin is 15.1%, so unfavorable changes could impact profitability.
Valuation — source: SEC EDGAR (first-party)
Price$71.75
Market Cap$27.31B
P/E Ratio18.0
EV / EBITDA14.2
Price / Sales1.83
FCF Yield6.3%
DCF Value (model)$80.36
DCF Upside vs Price12.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$14.43B
Net Margin9.6%
Revenue Growth (YoY)7.3%
EPS Growth (YoY)12.0%
FCF Growth (YoY)24.6%
Financial Health — source: SEC EDGAR
Altman Z-Score2.87 (grey)
Valuation vs Sector & Industry
Stock P/E18.0
Sector P/E (Industrials)25.9
Industry P/E (Electrical Equipment)37.8
vs Sector-30.4%
vs Industry-52.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($4.25B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorIndustrials
IndustryElectrical Equipment
CEOJudith F. Marks
Employees72,000
CountryUS
IPO Date2020-03-19

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OTIS earnings history · OTIS institutional & insider holders · OTIS KPIs & operating metrics · OTIS financials · OTIS investor presentations & press releases · OTIS SEC filings · OTIS peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.