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Otis Worldwide

OTIS

Market cap $27.5B

72.33 USD

-1.86

2.51%

At close Updated Oct 28, 9:46 AM EDT

1 day

-2.51%

5 days

-1.12%

1 month

9.05%

3 months

-1.74%

6 months

-6.5%

Year to date

-18.12%

1 year

-20.78%

5 years

-9.5%

10 years

52.85%

About: 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 prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Employees: 72,000

Industrials Specialty Industrial Machinery

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 45.5%

Neutral 40.9%

Negative 13.6%

Zacks Investment Research

Otis Worldwide (OTIS) Q3 Earnings and Revenues Beat Estimates

Otis Worldwide (OTIS) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.05 per share a year ago.

Otis Worldwide (OTIS) Q3 Earnings and Revenues Beat Estimates

OTIS REPORTS THIRD QUARTER 2026 RESULTS

Otis delivers high single digit Service net sales growth and low single digit New Equipment net sales growth; Service operating profit margin improved sequentially; broadly maintaining full year outlook Third quarter 2026 Net sales up 6% and organic sales up 6%, driven by Service net sales up 8% with organic sales up 7%, and New Equipment net sales up 3% with organic sales up 3% GAAP operating profit up $34 million and adjusted operating profit down $6 million Service operating profit margin improved by 100 bps sequentially to 24.2% Modernization orders up 10% at constant currency, backlog up 20% at actual and constant currency Operating cash flow of $337 million; adjusted free cash flow of $272 million Year-to-date 2026 Net sales up 7% and organic sales up 4%, driven by Service net sales up 10% with organic sales up 7% GAAP operating profit up $190 million and adjusted operating profit down $41 million Operating cash flow of $1.0 billion; adjusted free cash flow of $834 million Share repurchases of approximately $800 million and dividends of approximately $500 million, returning approximately $1.3 billion to shareholders FARMINGTON, Conn., Oct. 28, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) reported third quarter 2026 net sales of $3.9 billion with organic sales up 6% versus the prior year.

OTIS REPORTS THIRD QUARTER 2026 RESULTS

Zacks Investment Research

Otis Worldwide to Post Q3 Earnings: What's in the Cards for the Stock?

OTIS' Q3 sales are seen rising 4.3% despite a 4.8% EPS decline, as Service growth faces New Equipment weakness and mounting margin pressures.

Otis Worldwide to Post Q3 Earnings: What's in the Cards for the Stock?

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Otis Worldwide Corporation (NYSE: OTIS)

NEW YORK, Oct. 21, 2026 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Otis Worldwide Corporation (NYSE: OTIS) concerning possible breaches of fiduciary duties. If you are a current shareholder of OTIS, you can request additional information here: https://zlk.com/cases/otis-worldwide-corporation-class-action-lawsuit-otis-2 or contact Joseph E.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Otis Worldwide Corporation (NYSE: OTIS)

Zacks Investment Research

Analysts Estimate Otis Worldwide (OTIS) to Report a Decline in Earnings: What to Look Out for

Otis Worldwide (OTIS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Otis Worldwide (OTIS) to Report a Decline in Earnings: What to Look Out for

24/7 Wall Street

4 Boring Stocks That Make More Money Every Time Your Bills Go Up

Your trash hauler, pest control company, and elevator servicer quietly raise prices every year, and most customers never push back. Four overlooked businesses are turning that habit into something worth paying attention to.

4 Boring Stocks That Make More Money Every Time Your Bills Go Up

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Otis Worldwide Corporation (NYSE: OTIS).

NEW YORK, Oct. 8, 2026 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Otis Worldwide Corporation (NYSE: OTIS) concerning possible breaches of fiduciary duties. If you are a current shareholder of OTIS, you can request additional information here: https://zlk.com/cases/otis-worldwide-corporation-class-action-lawsuit-otis-2 or contact Joseph E.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Otis Worldwide Corporation (NYSE: OTIS).

24/7 Wall Street

4 Unglamorous Businesses That Keep Compounding While Nobody Watches

Garbage trucks, uniform vans, elevator inspectors, and factory supply bins rarely attract investor attention, which is exactly why their long-term compounding records tend to surprise people who finally look closely.

4 Unglamorous Businesses That Keep Compounding While Nobody Watches

Otis Third Quarter 2026 Earnings Advisory

FARMINGTON, Conn., Oct. 7, 2026 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 28, 2026, at 8:30 a.m.

Otis Third Quarter 2026 Earnings Advisory

Top 25 Attractive Dividend Stocks For October 2026

I present a rigorously screened Top 25 U.S. dividend growth stock list for October 2026, emphasizing fundamental growth, economic moats, and yields above 2.5%. The Top 25 stocks average a 3.38% dividend yield and appear ~31% undervalued by dividend yield theory, with an estimated 18.56% future CAGR. Subsets highlight high-yield, fast dividend growth, highest expected return, most undervalued, and fastest fundamental growth opportunities for targeted portfolio construction.

Top 25 Attractive Dividend Stocks For October 2026

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