Financials

  • Market Capitalization 27.19 B
  • Employee 72 K
  • Founded N/A
  • CEO Judith F. Marks
  • Website www.otis.com
  • Headquarter Delaware, United States
  • FIGI BBG00RP60KV0
  • Industry Specialty Industrial Machinery
Total revenue
Net income
Basic earnings per share (Basic EPS)
Total debt
Free cash flow
Cash & equivalents
Price to earnings ratio
24.96
Price to sales ratio
2.39
Dividends per share
1.65
Dividend yield %
1.89

Otis Worldwide Corporation Common Stock

Otis Worldwide Corporation, doing business as its former legal name Otis Elevator Company and styled as OTIS, is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S., Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, escalators, and moving walkways. It currently has a market share of 18%. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism that locked the elevator car in place against hoisting rope failure. The Otis Elevator Company was acquired by United Technologies in 1976, and was spun off as an independent company 44 years later in April 2020.

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