Stocks · Technology · Electronic & Other Electrical Equipment (No Computer Equip)

Otis Worldwide

OTIS Clue Score37
United States Fiscal year ends December CIK 0001781335
$65.95 -0.24% Close, 9 Oct 2026
Price $65.95 −19.20% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 19 Mar 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue12.92Operating income1.84Net income1.05EPS, diluted2.42Fiscal year 2019Revenue13.12 +1.6%Operating income1.81Net income1.12 +6.4%EPS, diluted2.55 +5.4%Fiscal year 2020Revenue12.76 −2.8%Operating income1.64Net income0.91 −18.8%EPS, diluted2.08 −18.4%Fiscal year 2021Revenue14.30 +12.1%Operating income2.11Net income1.25 +37.5%EPS, diluted2.89 +38.9%Fiscal year 2022Revenue13.69 −4.3%Operating income2.03Net income1.25 +0.6%EPS, diluted2.96 +2.4%Fiscal year 2023Revenue14.21 +3.8%Operating income2.19Net income1.41 +12.2%EPS, diluted3.39 +14.5%Fiscal year 2024Revenue14.26 +0.4%Operating income2.01Net income1.65 +17.0%EPS, diluted4.07 +20.1%Fiscal year 2025Revenue14.43 +1.2%Operating income2.13Net income1.38 −15.9%EPS, diluted3.50 −14.0%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 12.92 13.12 12.76 14.30 13.69 14.21 14.26 14.43
Growth +1.6% −2.8% +12.1% −4.3% +3.8% +0.4% +1.2%
Operating income 1.84 1.81 1.64 2.11 2.03 2.19 2.01 2.13
Net income 1.05 1.12 0.91 1.25 1.25 1.41 1.65 1.38
Growth +6.4% −18.8% +37.5% +0.6% +12.2% +17.0% −15.9%
EPS, diluted 2.42 2.55 2.08 2.89 2.96 3.39 4.07 3.50
Growth +5.4% −18.4% +38.9% +2.4% +14.5% +20.1% −14.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2018Operating margin14.2%Net margin8.1%Free cash flow margin10.7%Fiscal year 2019Operating margin13.8%Net margin8.5%Free cash flow margin10.1%Fiscal year 2020Operating margin12.8%Net margin7.1%Free cash flow margin10.2%Fiscal year 2021Operating margin14.7%Net margin8.7%Free cash flow margin11.1%Fiscal year 2022Operating margin14.9%Net margin9.2%Free cash flow margin10.6%Fiscal year 2023Operating margin15.4%Net margin9.9%Free cash flow margin10.5%Fiscal year 2024Operating margin14.1%Net margin11.5%Free cash flow margin10.1%Fiscal year 2025Operating margin14.8%Net margin9.6%Free cash flow margin10.0%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 14.2% 13.8% 12.8% 14.7% 14.9% 15.4% 14.1% 14.8%
Net margin 8.1% 8.5% 7.1% 8.7% 9.2% 9.9% 11.5% 9.6%
Free cash flow margin 10.7% 10.1% 10.2% 11.1% 10.6% 10.5% 10.1% 10.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow1.55Capital expenditure−0.17Free cash flow1.38Dividends paid0.00Fiscal year 2019Operating cash flow1.47Capital expenditure−0.15Free cash flow1.32 −3.9%Buybacks0.00Dividends paid0.00Fiscal year 2020Operating cash flow1.48Capital expenditure−0.18Free cash flow1.30 −2.0%Buybacks0.00Dividends paid−0.26Fiscal year 2021Operating cash flow1.75Capital expenditure−0.16Free cash flow1.59 +22.9%Buybacks−0.73Dividends paid−0.39Fiscal year 2022Operating cash flow1.56Capital expenditure−0.12Free cash flow1.45 −9.3%Buybacks−0.85Dividends paid−0.47Fiscal year 2023Operating cash flow1.63Capital expenditure−0.14Free cash flow1.49 +3.0%Buybacks−0.80Dividends paid−0.54Fiscal year 2024Operating cash flow1.56Capital expenditure−0.13Free cash flow1.44 −3.5%Buybacks−1.01Dividends paid−0.61Fiscal year 2025Operating cash flow1.60Capital expenditure−0.15Free cash flow1.44 +0.5%Buybacks−0.81Dividends paid−0.65
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.55 1.47 1.48 1.75 1.56 1.63 1.56 1.60
Capital expenditure −0.17 −0.15 −0.18 −0.16 −0.12 −0.14 −0.13 −0.15
Free cash flow 1.38 1.32 1.30 1.59 1.45 1.49 1.44 1.44
Growth −3.9% −2.0% +22.9% −9.3% +3.0% −3.5% +0.5%
Buybacks n/a 0.00 0.00 −0.73 −0.85 −0.80 −1.01 −0.81
Dividends paid 0.00 0.00 −0.26 −0.39 −0.47 −0.54 −0.61 −0.65

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Cash1.33Shareholders’ equity2.01Fiscal year 2019Cash1.45Total debt0.01Net cash (debt)1.44Shareholders’ equity1.70Debt to equity0.00Fiscal year 2020Cash1.78Total debt5.26Net cash (debt)−3.48Shareholders’ equity−3.86Fiscal year 2021Cash1.57Total debt7.25Net cash (debt)−5.68Shareholders’ equity−3.63Fiscal year 2022Cash1.19Total debt6.63Net cash (debt)−5.44Shareholders’ equity−4.87Fiscal year 2023Cash1.27Total debt6.87Net cash (debt)−5.59Shareholders’ equity−4.92Fiscal year 2024Cash2.30Total debt8.27Net cash (debt)−5.97Shareholders’ equity−4.85Fiscal year 2025Cash1.10Total debt7.74Net cash (debt)−6.65Shareholders’ equity−5.39
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.33 1.45 1.78 1.57 1.19 1.27 2.30 1.10
Total debt n/a 0.01 5.26 7.25 6.63 6.87 8.27 7.74
Net cash (debt) n/a 1.44 −3.48 −5.68 −5.44 −5.59 −5.97 −6.65
Shareholders’ equity 2.01 1.70 −3.86 −3.63 −4.87 −4.92 −4.85 −5.39
Debt to equity n/a 0.00 n/a n/a n/a n/a n/a n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
1.55 1.47 1.48 1.75 1.56 1.63 1.56 1.60
Growth −5.2% +0.7% +18.2% −10.9% +4.3% −3.9% +2.1%
0.19 0.18 0.19 0.20 0.19 0.19 0.18 0.18
Investment
−0.17 −0.15 −0.18 −0.16 −0.12 −0.14 −0.13 −0.15
calc 1.38 1.32 1.30 1.59 1.45 1.49 1.44 1.44
Growth −3.9% −2.0% +22.9% −9.3% +3.0% −3.5% +0.5%
calc 3.18 3.06 2.98 3.69 3.42 3.59 3.55 3.66
−0.20 −0.20 −0.35 −0.09 −0.03 −0.18 −0.16 −0.41
Financing
−1.50 −1.13 −0.84 0.06 −3.65 −1.35 −0.31 −2.42
0.00 0.00 −0.26 −0.39 −0.47 −0.54 −0.61 −0.65
n/a 0.00 0.00 −0.73 −0.85 −0.80 −1.01 −0.81

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.