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Otis Worldwide Corporation (OTIS)

$72.48

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Key data on OTIS

Market cap

$27.81B

EPS

3.76

P/E ratio

20.7

Price to sales

2.04

Dividend yield

2.428%

Beta

0.905312

Price on OTIS

Previous close

$73.27

Today's open

$72.38

Day's range

$71.87 - $73.19

52 week range

$69.16 - $101.42

Profile about OTIS

CEO

Judith F. Marks

Employees

72000

Headquarters

Farmington, CT

Exchange

New York Stock Exchange

Shares outstanding

383716076

Issue type

Common Stock

OTIS industries and sectors

Industrials

Industrial Goods

News on OTIS

7 Industrial Stocks to Buy and 1 to Avoid

Buy industrial stocks tied to AI data centers, says Bernstein.

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Barrons • Jun 10, 2026

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These 2 Dividend Growers Are Aggressively Buying Back Shares - And I'm Buying Too

T-Mobile US and OTIS Worldwide are both down over 25% in the past year, creating long-term buying opportunities. TMUS boasts the lowest leverage among peers, aggressive buybacks, and raised guidance, with a forward P/E under 17x and double-digit dividend growth expected. OTIS faces temporary inflation and China headwinds but shows stabilizing orders, cost savings, and trades at a forward P/E of 16.7x, below historical and sector averages.

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Seeking Alpha • Jun 8, 2026

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Otis Worldwide (OTIS) Down 9.9% Since Last Earnings Report: Can It Rebound?

Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

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Zacks Investment Research • May 22, 2026

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Otis Unveils New Commercial Escalator Modernization Packages

FARMINGTON, Conn., May 19, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation, service and modernization company, has announced the global launch of its Otis Link™ MOD suite of commercial escalator modernization solutions, giving building owners a safer, smarter and more efficient way to upgrade aging escalators.

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PRNewsWire • May 19, 2026

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Elevator mechanics can make over $150,000, and this CEO says they can't hire them fast enough

Otis CEO Judy Marks says there's growing demand for skilled elevator mechanics around the world. Otis offers an apprenticeship program starting at age 18 and tuition perks for workers.

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Business Insider • May 17, 2026

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Otis Worldwide: Short-Term Risks Remain, But Upside Potential Hard To Ignore (Rating Upgrade)

Otis Worldwide Corporation remains a portfolio favorite, despite a 27.5% share price decline over the past year driven by China headwinds. OTIS trades well below its 5-year average multiple, with a forward P/E of 16.95x and a compelling 66% upside potential if it re-rates to 25x earnings by 2028. Recent initiatives—cost savings, a majority stake in WeMaintain, and a new elevator for data centers—position OTIS for margin recovery and growth.

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Seeking Alpha • May 17, 2026

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Otis Announces Global Winners in 2026 Made to Move Communities™ Challenge

Students from schools in Athens, Greece and Hong Kong SAR win STEM and AI competition with concepts to help people during natural disasters FARMINGTON, Conn., May 6, 2026 /PRNewswire/ -- With their ideas to use advanced technology to support city officials, first responders and residents before and during natural disasters, student teams from Hong Kong and Athens, Greece were named co‑champions of Otis' Made to Move Communities™ student challenge, in recognition of the exceptional strength and impact of both teams' solutions.

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PRNewsWire • May 6, 2026

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Otis Worldwide Corporation (OTIS) Q1 2026 Earnings Call Transcript

Otis Worldwide Corporation (OTIS) Q1 2026 Earnings Call Transcript

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Seeking Alpha • Apr 22, 2026

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OTIS REPORTS FIRST QUARTER 2026 RESULTS

Otis delivers net sales growth of 6%, driven by Service with growth in all lines of business, led by repair Net sales up 6% and organic sales up 1%, driven by Service net sales up 11% with organic sales up 5% Repair net sales up 16% with organic repair sales up approximately 10% Modernization orders up 11% at constant currency, backlog up 32%, 30% at constant currency New Equipment orders up 1% at constant currency, backlog up 6%, 3% at constant currency Operating cash flow of $413 million; adjusted free cash flow of $272 million Share repurchases of approximately $400 million FARMINGTON, Conn., April 22, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2026 net sales of $3.6 billion with organic sales up 1% versus the prior year.

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PRNewsWire • Apr 22, 2026

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Otis Worldwide (OTIS) Lags Q1 Earnings Estimates

Otis Worldwide (OTIS) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.92 per share a year ago.

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Zacks Investment Research • Apr 22, 2026

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