OTIS Stock Overview Engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. More details
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Otis Worldwide Corporation Competitors Price History & Performance
Summary of share price highs, lows and changes for Otis Worldwide Historical stock prices Current Share Price US$89.96 52 Week High US$98.20 52 Week Low US$78.30 Beta 0.94 1 Month Change -6.97% 3 Month Change 1.22% 1 Year Change 11.20% 3 Year Change 18.12% 5 Year Change n/a Change since IPO 27.39%
Recent News & Updates
Third quarter dividend of US$0.39 announced Nov 04
Otis Worldwide Corporation Revises Earnings Guidance for the Year 2024 Nov 02
Third quarter 2024 earnings released: EPS: US$1.35 (vs US$0.92 in 3Q 2023) Nov 01 Otis Worldwide Corporation Appoints Nicolas Lopez as Managing Director of Southeast Asia
Now 21% undervalued Oct 30
Now 21% undervalued Oct 09 See more updates
Third quarter dividend of US$0.39 announced Nov 04
Otis Worldwide Corporation Revises Earnings Guidance for the Year 2024 Nov 02
Third quarter 2024 earnings released: EPS: US$1.35 (vs US$0.92 in 3Q 2023) Nov 01 Otis Worldwide Corporation Appoints Nicolas Lopez as Managing Director of Southeast Asia
Now 21% undervalued Oct 30
Now 21% undervalued Oct 09
Otis Thailand Launches Gen3 Digitally-Connected Elevator Aug 16
Now 20% undervalued Aug 01
Second quarter dividend of US$0.39 announced Jul 29
Otis Worldwide Corporation Declares Quarterly Dividend, Payable on September 6, 2024 Jul 26
Second quarter 2024 earnings released: EPS: US$1.03 (vs US$0.91 in 2Q 2023) Jul 25
Otis Worldwide Corporation Revises Earnings Guidance for the Full Year of 2024 Jul 25
Otis Worldwide Corporation Revises Earnings Guidance for the Full Year of 2024 Jul 24 Otis Worldwide Corporation Announces Executive Changes, Effective August 23, 2024
Otis Worldwide Corporation(NYSE:OTIS) dropped from Russell 1000 Dynamic Index Jul 03
Executive VP & Chief Product recently sold €1.5m worth of stock May 09
First quarter dividend of US$0.39 announced Apr 29
Otis Worldwide Corporation Revises Earnings Guidance for the Full Year of 2024 Apr 26
First quarter 2024 earnings released: EPS: US$0.87 (vs US$0.80 in 1Q 2023) Apr 25 Otis Worldwide Corporation Provides Earnings Guidance for the Full Year of 2024
Otis Worldwide Corporation to Report Q1, 2024 Results on Apr 24, 2024 Apr 11
Otis Worldwide Corporation, Annual General Meeting, May 16, 2024 Apr 06
Executive VP & Chief General Counsel recently sold €1.4m worth of stock Feb 21
Upcoming dividend of US$0.34 per share at 1.5% yield Feb 08
Fourth quarter dividend of US$0.34 announced Feb 05
Otis Declares Quarterly Dividend, Payable on March 8, 2024 Feb 02
Full year 2023 earnings released: EPS: US$3.42 (vs US$2.98 in FY 2022) Feb 01
Otis Worldwide Corporation Provides Earnings Guidance for the Full Year of 2024 Jan 31
Otis Worldwide Corporation to Report Q4, 2023 Results on Jan 31, 2024 Jan 11
Upcoming dividend of US$0.34 per share at 1.7% yield Nov 09
Otis Worldwide Corporation Declares Quarterly Dividend, Payable on December 8, 2023 Oct 27
Third quarter 2023 earnings released: EPS: US$0.92 (vs US$0.77 in 3Q 2022) Oct 27
Otis Worldwide Corporation Provides Revenue Guidance for 2023 Oct 26
Otis Worldwide Corporation Announces Board Changes Oct 25
Now 21% undervalued after recent price drop Oct 19
Otis Worldwide Corporation to Report Q3, 2023 Results on Oct 25, 2023 Oct 12
Otis Worldwide Corporation Announces Executive Changes Sep 29
Upcoming dividend of US$0.34 per share at 1.5% yield Aug 10
Otis Worldwide Corporation Revises Earnings Guidance for the Full Year 2023 Jul 27
Second quarter 2023 earnings released: EPS: US$0.91 (vs US$0.76 in 2Q 2022) Jul 27
Otis Worldwide Corporation to Report Q2, 2023 Results on Jul 26, 2023 Jul 13
Otis Worldwide Corp. Unveils Connected Gen3 Core™? Elevator for North America Jun 09
Upcoming dividend of US$0.34 per share at 1.4% yield May 11
First quarter 2023 earnings released: EPS: US$0.80 (vs US$0.73 in 1Q 2022) Apr 27
Upcoming dividend of US$0.29 per share at 1.4% yield Feb 09
Insider recently sold €875k worth of stock Feb 08
Otis Worldwide Corporation Declares Quarterly Dividend, Payable on March 10, 2023 Feb 03
Full year 2022 earnings released: EPS: US$2.98 (vs US$2.91 in FY 2021) Feb 03
Otis Worldwide Corporation Provides Earnings Guidance for Full Year 2023 Feb 02
High number of new and inexperienced directors Nov 16
Upcoming dividend of US$0.29 per share Nov 10
The Otis Worldwide Corporation Declares A Quarterly Dividend for Common Stock, Payable on December 10, 2022 Oct 28
Third quarter 2022 earnings released: EPS: US$0.77 (vs US$0.78 in 3Q 2021) Oct 27
Otis Worldwide Corporation Revises Earnings Guidance for the Full Year 2022 Oct 27
Otis Worldwide Corporation Appoints Nelda Connors to Board of Directors and Audit and Compensation Committees, Effective October 28, 2022 Oct 25
Upcoming dividend of US$0.29 per share Aug 11
VP & Chief Accounting Officer recently sold €232k worth of stock Aug 10
Executive VP & Chief General Counsel recently sold €850k worth of stock Aug 02
Otis Worldwide Corporation Declares Quarterly Dividend, Payable on September 10, 2022 Jul 29
Second quarter 2022 earnings released: EPS: US$0.76 (vs US$0.76 in 2Q 2021) Jul 28 Ice Development entered into agreement to acquire Russia business of Otis from Otis Worldwide Corporation (NYSE:OTIS). Otis Worldwide Corporation Announces CFO Changes, Effective from August 12, 2022
Upcoming dividend of US$0.29 per share May 12
High number of new and inexperienced directors Apr 27
Otis Worldwide Corporation Provides Revenue Guidance for the Full Year of 2022 Apr 26
Otis Worldwide Corporation Declares Quarterly Dividend, Payable on June 10, 2022 Apr 23
Otis Worldwide Corporation, Annual General Meeting, May 19, 2022 Apr 09
Otis Worldwide Corporation (NYSE:OTIS) completed the acquisition of 49.9% stake in Zardoya Otis, S.A. (BME:ZOT) for €1.6 billion from Euro-Syns SA and others. Apr 08
Upcoming dividend of US$0.24 per share Feb 10
Otis Worldwide Corporation Declares Quarterly Dividend, Payable on March 10, 2022 Feb 04
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Feb 01
Otis Worldwide Corporation Provides Financial Guidance for the Fiscal Year 2022 Feb 01
Now 20% undervalued Jan 18
Third quarter 2021 earnings released: EPS US$0.78 (vs US$0.61 in 3Q 2020) Oct 27
Otis Worldwide Corporation (NYSE:OTIS) made an offer to acquire remaining 49.9% stake in Zardoya Otis, S.A. (BME:ZOT) for €1.6 billion. Sep 24
Insider recently sold €164k worth of stock Jul 31
Second quarter 2021 earnings released: EPS US$0.76 (vs US$0.52 in 2Q 2020) Jul 27 Shareholder Returns OTIS AT Machinery AT Market 7D -2.7% -2.0% -0.8% 1Y 11.2% -13.7% -1.6%
See full shareholder returns
Return vs Market: OTIS exceeded the Austrian Market which returned -1.6% over the past year.
Price Volatility Is OTIS's price volatile compared to industry and market? OTIS volatility OTIS Average Weekly Movement 2.7% Machinery Industry Average Movement 4.5% Market Average Movement 3.8% 10% most volatile stocks in AT Market 6.3% 10% least volatile stocks in AT Market 2.1%
Stable Share Price: OTIS has not had significant price volatility in the past 3 months compared to the Austrian market.
Volatility Over Time: OTIS's weekly volatility (3%) has been stable over the past year.
About the Company Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects.
Show more Otis Worldwide Corporation Fundamentals Summary How do Otis Worldwide's earnings and revenue compare to its market cap? OTIS fundamental statistics Market cap €35.82b Earnings (TTM ) €1.56b Revenue (TTM ) €13.62b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) OTIS income statement (TTM ) Revenue US$14.21b Cost of Revenue US$9.94b Gross Profit US$4.26b Other Expenses US$2.63b Earnings US$1.63b
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 4.08 Gross Margin 30.00% Net Profit Margin 11.48% Debt/Equity Ratio -151.9%
How did OTIS perform over the long term?
See historical performance and comparison Dividends
1.7% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/23 19:15 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Otis Worldwide Corporation is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution null null Argus Research Company Richard Radbourne Atlantic Equities LLP Ishan Majumdar Baptista Research
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