Otis Worldwide Corp

NYSE:OTISIndustrialsCBOE:SPESGNASDAQ:NQUSMG

$71.35+0.03%LiveIn session · ≈ AED 262.03 · Market cap $27.16B · Next earnings Wed 28 Oct

OTIS · Income statement · TradingHolo

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	12.8	14.3	13.7	14.2	14.3	14.4	14.9	+3.3%
Cost of revenue	9.0	10.1	9.8	10.0	10.0	10.1	10.4	+3.4%
Gross profit	3.8	4.2	3.9	4.2	4.3	4.4	4.5	+3.2%
Research & development	0.2	0.2	0.2	0.1	0.2	0.2	0.2	+1.3%
Selling, general & administrative	1.9	1.9	1.7	1.8	1.8	2.0	—	—
Selling & marketing	1.9	0.0	0.0	0.0	0.0	0.0	—	—
Operating expenses	2.1	2.1	1.9	2.0	2.2	2.2	10.1	+352.6%
Operating income	1.6	2.1	2.0	2.2	2.0	2.1	2.3	+7.3%
Interest expense	0.1	0.1	0.1	0.2	(0.0)	0.2	0.2	+17.9%
Interest income	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other income / expense	(0.1)	(0.1)	(0.1)	(0.2)	0.0	(0.2)	—	—
Pre-tax income	1.5	2.0	1.9	2.0	2.0	1.9	2.1	+7.2%
Income tax	0.5	0.5	0.5	0.5	0.3	0.5	0.5	+3.5%
Net income	0.9	1.2	1.3	1.4	1.6	1.4	1.5	+9.5%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	2.09	2.91	2.98	3.42	4.10	3.53	3.92	+11.0%
EPS, diluted (per share)	2.08	2.89	2.96	3.39	4.07	3.50	3.89	+11.3%
EBITDA	1.8	2.3	2.3	2.4	2.2	2.3	2.5	+6.8%
Depreciation & amortization	0.2	0.2	0.2	0.2	0.2	0.2	0.2	−1.7%
Weighted average shares (shares)	433,200,000	427,700,000	420,000,000	411,400,000	401,700,000	393,684,210	—	—
Weighted average diluted shares (shares)	434,600,000	431,400,000	423,000,000	414,600,000	404,400,000	393,684,210	—	—
Gross margin	29.6%	29.3%	28.6%	29.5%	29.9%	30.3%	30.2%	−0.0 pts
Operating margin	12.8%	14.7%	14.9%	15.4%	14.1%	14.8%	15.4%	+0.6 pts
Net margin	7.1%	8.7%	9.2%	9.9%	11.5%	9.6%	10.2%	+0.6 pts

USD billionsUpdated Thu 23 Jul ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-06-30 and uses four consecutive reported quarters.