Otis Worldwide Corporation (OTIS) Financial Statements
Historical financial data — 26 statements covering FY2020–FY2025
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that pr...
Otis Worldwide Corporation's revenue increased 1.2% year over year, from $14.26B to $14.43B.
Net income decreased 15.9% over the same period, from $1.65B to $1.38B.
Over the 5-year period from FY2020 to FY2025, revenue grew by 13% in total.
Total debt remained relatively stable at $7.96B.
Operating cash flow grew 2.1% to $1.60B.
Otis Worldwide Corporation maintains a moderate net profit margin of 9.6%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $3.55B-1.5% | $540.0M | $1.08B | $363.0M | $394.0M | $10.26B | $7.26B | $-4.90B |
| Q4 FY2024 | $3.67B+3.6% | $337.0M | $1.07B | $531.0M | $690.0M | $11.32B | $8.32B | $-4.85B |
| Q1 FY2025 | $3.35B-8.8% | $243.0M | $1.00B | $411.0M | $190.0M | $11.18B | $8.41B | $-5.13B |
| Q2 FY2025 | $3.60B+7.3% | $393.0M | $1.09B | $547.0M | $215.0M | $10.49B | $7.75B | $-5.37B |
| Q3 FY2025 | $3.69B+2.6% | $374.0M | $1.13B | $586.0M | $374.0M | $10.77B | $8.08B | $-5.42B |
| Q4 FY2025 | $3.80B+2.9% | $374.0M | $1.15B | $589.0M | $817.0M | $10.65B | $7.96B | $-5.39B |
| Q1 FY2026 | $3.57B-6.1% | $340.0M | $-1.40B | $539.0M | $413.0M | $10.54B | $8.22B | $-5.43B |
| Q2 FY2026 | $3.86B+8.2% | $428.0M | $-1.58B | $575.0M | $267.0M | $11.16B | $8.85B | $-5.45B |
Balance Sheet Summary (Q2 FY2026)
Otis Worldwide Corporation (OTIS) Financial Statements & Revenue History
Otis Worldwide Corporation (OTIS) is a US-listed stock operating in the Technology sector, specifically the Electronic & Other Electrical Equipment (No Computer Equip) industry trading at $71.33 with a market capitalization of $27. This page provides 26 historical financial statements for Otis Worldwide Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Otis Worldwide Corporation reported revenue of $14.4 billion, representing 1.2% year-over-year growth. The net profit margin of 9.6% indicates moderate profitability..
OTIS Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Otis Worldwide Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether OTIS is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track OTIS's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Otis Worldwide Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of OTIS's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use OTIS Financial Data
Investors use Otis Worldwide Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare OTIS's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how OTIS's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View OTIS's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Otis Worldwide Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.OTIS trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.