About Otis Worldwide

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services; and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

Otis Worldwide Company Stats
Industry
Engineering, Manufacturing
Founded
1853
Headquarters
Farmington, Connecticut
Country/Territory
United States
Chief Executive Officer
Judith F. Marks
Employees
69,000

Forbes Lists

#233
World's Top Companies for Women (2023)
#527
World's Best Employers (2023)
#793
Global 2000 (2023)
#93
America's Best Employers (2017)Dropped off in 2018

Otis Worldwide Financial Summary

Select list year
2023
2022
2021
2020
Revenue
$13.6B
Assets
$9.8B
Profits
$1.3B
Sources
FactSet, Bloomberg, S&P Cap IQ; Forbes.
Otis Worldwide (OTIS) Stock Price Performance
Otis Worldwide (OTIS) Stock Key Data
SummaryAdditional DataAnalystsHistorical Quotes

Key Data

Previous Close
97.97
Open
97.14
Day’s Range
95.63 x 97.32
Volume
1,537,256
52 Week Range
73.32 x 100.35

Market Cap
$38.87B
P/E Ratio (ttm)
28.37
Forward P/E
24.89
Diluted EPS (ttm)
3.39
Dividends Per Share
1.31
Dividend Yield
1.41%
Ex-Dividend Date
Feb 15, 2024

Valuation Measures

P/E Ratio (ttm)
28.37
Forward P/E
24.89
Price to Sales (ttm)
2.78
Price to Book Value (ttm)
N/A
Price to Tangible Book Value (ttm)
N/A
Total Enterprise Value to EBIT (ttm)
20.10
Total Enterprise Value to EBITDA (ttm)
17.41
Total Enterprise Value to Total Revenue (ttm)
3.17
Markets data provided by S&P and by Xignite

Profitability Metrics

Gross Margin (ttm)
29.55%
Operating Margin (ttm)
15.79%
Net Margin (ttm)
9.90%
Return on Assets (ttm)
14.07%
Return on Equity (ttm)
N/A

Revenue and Earnings Metrics

Revenue (ttm)
$14.21B
Revenue Per Share (ttm)
34.54
Revenue Growth (y/o/y)
3.83%
EBITDA (ttm)
$2.44B
EBITDA Growth (y/o/y)
6.56%
Diluted EPS (ttm)
3.39
Diluted EPS Growth (y/o/y)
14.53

Cash and Debt Metrics

Total Cash
$1.27B
Total Cash Per Share
3.13
Total Debt
$7.31B
Total Debt/Equity
N/A
Current Ratio
0.99
All values as of most recently reported quarter unless otherwise noted.
Markets data provided by S&P and by Xignite
Consensus Recommendation
Outperform
Consensus Price
98.34
Range of Price Targets
79.00 to 119.00
Range of EPS
3.70 to 4.00
Consensus EPS
3.86
Consensus Revenue
$14.7B
Range of Revenue
$14.63B to $14.77B
  • Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months.
  • EPS and Revenue estimates are for the next 12 months.
Markets data provided by S&P and by Xignite
DATEOPENHIGHLOWCLOSEADJUSTED CLOSEVOLUME
Apr 12, 202497.1497.3295.6396.1696.161,537,256
Apr 11, 202497.3998.0596.9397.9797.971,474,981
Apr 10, 202497.7698.3497.2597.3097.301,238,172
Apr 9, 202498.2899.1697.2799.1299.121,718,795
Apr 8, 202498.1298.3497.3998.0398.031,449,455
Apr 5, 202497.5197.8996.9697.7797.771,595,528
Apr 4, 202498.9099.0997.1297.1897.181,879,877
Apr 3, 202497.7598.5697.5398.2598.251,374,036
Apr 2, 202498.3198.5397.7097.7597.751,411,907
Apr 1, 202499.1099.5798.5698.5798.571,226,819
Markets data provided by S&P and by Xignite
Related People & Companies
Weyerhaeuser
Weyerhaeuser
Related by Industry: Engineering, Manufacturing
View Profile
Zachry Group
Zachry Group
Related by Industry: Engineering, Manufacturing
View Profile
Wesleyan University
Wesleyan University
Located in Hartford-West Hartford-East Hartford, CT
View Profile

More on Forbes

9 minutes ago

How Has Your Past Shaped Who You Are Today?

Recognizing and embracing where we come from can empower us to navigate our future with confidence. As we understand where we’ve come from we understand who we are.
ByLen JessupForbes Books Author

FORBES PROFILES

Capitalize on your Achievement

Claim This Profile

also on forbes

What Happened To Taylor Swift’s Recent No. 1 Single?
How Has Your Past Shaped Who You Are Today?
The Personalized Customer Experience: Customers Want You To Know Them