Otis Worldwide (OTIS) stock
Industrials · Industrial Machinery & Supplies & Components
Otis Worldwide (OTIS) is an Industrial Machinery & Supplies & Components company in the Industrials sector, headquartered in Farmington, Connecticut. As of October 23, 2026, OTIS closed at $75.15, a market capitalization of $28.61 billion, the 327th largest company in the S&P 500. Over the last twelve months it generated $14.91 billion in revenue (+7% year over year) and $1.71 billion in free cash flow. The stock trades at 19.3x trailing earnings and 16.6x forward earnings.
- 1-year total return: -17.4% (dividends reinvested)
- 5-year return: -0.9% a year
- 52-week range: $63.58 – $94.56
- Gross margin 30.3%, operating margin 15.1%
- Dividend yield: 2.34%, 5 straight years of increases
- FI Handbook report card: C+ across 9 metrics
- 51st largest of 83 Industrials stocks in the S&P 500
OTIS price chart
1Y price change: -19.2% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| OTIS | +10.0% | -12.5% | -17.4% | +1.0% | -0.9% | — | +9.7% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2020.
OTIS key statistics
- Market cap
- $28.6B
- #327 in S&P 500
- P/E (TTM)
- 19.3x
- Forward P/E
- 16.6x
- EPS (TTM)
- $3.89
- Revenue (TTM)
- $14.9B
- +7%
- Free cash flow
- $1.7B
- Gross margin
- 30.3%
- Operating margin
- 15.1%
- Return on equity
- —
- Dividend yield
- 2.34%
- 52-week range
- $63.58 – $94.56
- Beta
- 0.86
- Price / sales
- 1.9x
- EV / EBITDA
- 14.0x
- Debt / equity
- —
- Employees
- 72,000
OTIS report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth7.3%C
- Gross margin30.3%C
- Operating margin15.1%C
- FCF margin11.5%C
- Return on equity——
- Net debt / EBITDA3.0xD
- Forward P/E16.6xB
- PEG ratio2.3xD
- Shareholder yield5.2%A
- Share count change / yr-1.9%B
Otis Worldwide financials
Revenue went from $12.9B in fiscal 2018 to $14.4B in fiscal 2025, growing 1.6% a year.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.9B | $13.1B | $12.8B | $14.3B | $13.7B | $14.2B | $14.3B | $14.4B |
| Operating income | $1.8B | $1.8B | $1.6B | $2.1B | $2.0B | $2.2B | $2.0B | $2.1B |
| Net income | $1.0B | $1.1B | $906.0M | $1.2B | $1.3B | $1.4B | $1.6B | $1.4B |
| EPS (diluted) | $2.42 | $2.55 | $2.08 | $2.89 | $2.96 | $3.39 | $4.07 | $3.50 |
| Free cash flow | $1.4B | $1.3B | $1.3B | $1.6B | $1.4B | $1.5B | $1.4B | $1.4B |
| Buybacks | — | $0 | $0 | $725.0M | $850.0M | $800.0M | $1.0B | $809.0M |
| Dividends paid | $0 | $0 | $260.0M | $393.0M | $465.0M | $539.0M | $606.0M | $647.0M |
| Diluted shares | 433.1M | 433.1M | 434.6M | 431.4M | 423.0M | 414.6M | 404.4M | 394.9M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into OTIS?
A reverse DCF asks what growth the current price requires. With an enterprise value of $36.6B and $1.7B of trailing free cash flow, Otis Worldwide needs to grow free cash flow about 12.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 2.2% a year over the last five years.
P/E ratio history
Current 21.5x vs. median 26.7x (10th–90th percentile 21.0x–37.8x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
OTIS dividend
- Dividend yield
- 2.34%
- Annual dividend
- $1.76
- Years of increases
- 5
- 5-yr dividend growth
- 22.4%
- per year
- Payout ratio
- 44%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
OTIS analyst price targets
13 analysts' average 12-month target is $86.54 (+15% vs. $75.15). Targets range from $73.00 to $105.00. 47% rate it a buy.
OTIS earnings
Next report: October 28, 2026. Otis Worldwide has beaten EPS estimates 1 quarters in a row. Last quarter's revenue was $3.9B (+7% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 22, 2026 | $1.01 | $1.01 | +0.1% |
| Apr 22, 2026 | $0.90 | $0.89 | -0.8% |
| Jan 28, 2026 | $1.03 | $1.03 | -0.3% |
| Oct 29, 2025 | $1.00 | $1.05 | +4.7% |
| Jul 23, 2025 | $1.03 | $1.05 | +2.1% |
| Apr 23, 2025 | $0.91 | $0.92 | +1.1% |
| Jan 29, 2025 | $0.96 | $0.93 | -2.8% |
| Oct 30, 2024 | $0.97 | $0.96 | -1.0% |
Stocks like OTIS
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|---|---|---|---|---|---|
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OTIS news
- Analysts Estimate Otis Worldwide (OTIS) to Report a Decline in Earnings: What to Look Out for · Oct 21, 2026
- What to Expect From Otis Worldwide's Q3 2026 Earnings Report · Oct 20, 2026
- Homeowners in Indonesia Can Now Configure an Otis Homelift and Receive a Price Estimate Online · Oct 15, 2026
- Is Otis Worldwide (OTIS) Undervalued On Its October 28 Earnings Outlook Update? · Oct 9, 2026
- Otis Third Quarter 2026 Earnings Advisory · Oct 7, 2026
OTIS stock FAQ
What is OTIS's market cap?
Otis Worldwide's market capitalization is $28.61 billion as of October 23, 2026, ranking 327th in the S&P 500.
What is OTIS's P/E ratio?
OTIS trades at a trailing price-to-earnings ratio of 19.3x and a forward P/E of 16.6x. Its median P/E over the period we track is 26.7x.
Does OTIS pay a dividend?
Yes. Otis Worldwide pays $1.76 per share a year, a 2.34% yield. It has raised its dividend 5 years in a row. Dividends grew 22.4% a year over the last five years.
How much has OTIS stock returned?
Including reinvested dividends, OTIS returned -17.4% over one year, -0.9% a year over five years through October 23, 2026.
Is OTIS stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Otis Worldwide must grow free cash flow about 12% a year for the next decade. Its free cash flow grew 2% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the OTIS price target?
13 analysts cover OTIS with an average 12-month price target of $86.54, +15% from the current price. 47% of them rate it a buy.
When does OTIS report earnings?
Otis Worldwide is expected to report earnings on October 28, 2026. It has beaten EPS estimates 1 quarters in a row.
How many employees does Otis Worldwide have?
Otis Worldwide has about 72,000 full-time employees, or $207,097 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology