Otis Worldwide (OTIS): financials, SEC filings and peers

Otis Worldwide (OTIS) is an industrial machinery & supplies & components company in the Industrials sector of the S&P 500, headquartered in Farmington, Connecticut.

It was founded in 2020 and joined the S&P 500 on April 3, 2020.

Its fiscal year ends in December, and its shares trade on the NYSE.

In its SEC filings it is classified as “Electronic & Other Electrical Equipment (No Computer Equip)”.

Otis Worldwide at a glance

Revenue (12 months): $14.9B
Revenue growth: +5.2%
Operating margin: 15.4%
Net income (12 months): $1.5B
Free cash flow (12 months): $1.7B
Cash: $813M
Debt: $8.4B
Diluted EPS (12 months): $3.89

Twelve months to June 30, 2026, from the 10-Q filed July 23, 2026.

Latest twelve months

Over the twelve months to June 30, 2026, Otis Worldwide reported revenue of $14.9 billion, about the same as a year earlier (+5.2%).

Its operating margin was 15.4%, up 2.3 percentage points from a year earlier: for every $100 of sales, about $15 was left as operating profit.

Net income was $1.5 billion (10.2% of revenue), 0.2% higher than a year earlier.

Operating cash flow was $1.9 billion and capital spending $159 million, leaving free cash flow of $1.7 billion (11.5% of revenue).

At the end of the period it held $813 million in cash and $8.4 billion in debt, a net debt position of $7.6 billion.

The diluted share count fell 3.1% in a year, typically the result of buybacks.

Five-year trend

Revenue went from $12.8 billion in fiscal 2020 to $14.4 billion in fiscal 2025, about 2.5% a year.
Revenue has grown for 3 fiscal years in a row.
Operating margin has been steady, around 14.8%.
Free cash flow was positive in each of the last 6 fiscal years.

Fiscal year	2021	2022	2023	2024	2025
Revenue	$14.3B	$13.7B	$14.2B	$14.3B	$14.4B
Revenue growth	12.1%	-4.3%	3.8%	0.4%	1.2%
Operating margin	14.7%	14.9%	15.4%	14.1%	14.8%
Net income	$1.2B	$1.3B	$1.4B	$1.6B	$1.4B
Free cash flow	$1.6B	$1.4B	$1.5B	$1.4B	$1.4B
Diluted EPS	$2.89	$2.96	$3.39	$4.07	$3.50

Fiscal years as reported in Otis Worldwide’s 10-K filings. Free cash flow is operating cash flow minus capital spending.

Recent SEC filings

8-K filed September 15, 2026 — Executive or director change; Regulation FD disclosure
10-Q filed July 23, 2026 — quarterly report
8-K filed July 22, 2026 — Earnings results
8-K filed May 29, 2026 — Shareholder vote results
8-K filed May 7, 2026 — Other event
10-Q filed April 23, 2026 — quarterly report
8-K filed April 22, 2026 — Earnings results
10-K filed February 5, 2026 — annual report

All Otis Worldwide filings on SEC EDGAR

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Questions about Otis Worldwide

Is Otis Worldwide's revenue growing?

Yes. Revenue for the twelve months to June 30, 2026 was $14.9 billion, up 5.2% from a year earlier, according to its SEC filings.

Is Otis Worldwide profitable?

Yes. It earned $1.5 billion in net income over the twelve months to June 30, 2026, a net margin of 10.2%.

Does Otis Worldwide have more cash or more debt?

At June 30, 2026 it had $813 million in cash and $8.4 billion in debt, so more debt than cash.

When did Otis Worldwide last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on July 23, 2026.

Which companies are similar to Otis Worldwide?

In the S&P 500, Otis Worldwide is grouped in Industrial Machinery & Supplies & Components within the Industrials sector. Dover Corporation (DOV), Fortive (FTV), W. W. Grainger (GWW), Hubbell Incorporated (HUBB), IDEX Corporation (IEX) are in the same group.

Understand the numbers

Source: Otis Worldwide’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.