Value202020212022202320242025TTMCash from investing activities353 M89 M33 M183 M164 M406 M406 MCash from financing activities844 M58 M3.65 B1.35 B309 M2.42 B2.42 BFree cash flow1.3 B1.59 B1.45 B1.49 B1.44 B1.44 B1.44 B
Otis Worldwide Corporation
Otis Worldwide Corporation 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. 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 as Otis Worldwide Corporation.
Its slogan is "Made to move you".