8 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.5% per year over the past 5 years.
Net income has grown faster than revenue (8.8% vs 2.5% per year).
Operating margin has expanded, at 14.8% in the latest year.
Free cash flow has grown 2.2% per year over the past 5 years.
Financial health
Total debt ($8.0B) exceeds cash ($1.1B); net debt is $6.9B.
Total debt has grown faster than revenue (5.9% vs 2.5% per year).
Total debt is 3.4× EBITDA.
Shareholder returns
Dividends have been paid for 6 consecutive years, consuming 46.7% of earnings and 44.8% of free cash flow.
The dividend has grown 20.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$14.4B
$1.4B
0.0%
14.8%
$1.4B
$8.0B
$1.1B
2024
$14.3B
$1.6B
0.0%
14.1%
$1.4B
$8.3B
$2.3B
2023
$14.2B
$1.4B
0.0%
15.4%
$1.5B
$6.9B
$1.3B
2022
$13.7B
$1.3B
0.0%
14.9%
$1.4B
$6.8B
$1.2B
2021
$14.3B
$1.2B
0.0%
14.7%
$1.6B
$7.3B
$1.6B
2020
$12.8B
$906M
0.0%
12.8%
$1.3B
$6.0B
$1.8B
2019
$13.1B
$1.1B
0.0%
13.8%
$1.3B
$39M
$1.4B
2018
$12.9B
$1.0B
0.0%
14.2%
$1.4B
—
$1.3B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3.6B
$340M
0.0%
15.1%
$380M
$7.8B
$834M
Dec '25
$3.8B
$374M
0.0%
15.5%
$772M
$8.0B
$1.1B
Sep '25
$3.7B
$374M
0.0%
15.9%
$337M
$8.1B
$840M
Jun '25
$3.6B
$393M
0.0%
15.2%
$179M
$7.7B
$688M
Mar '25
$3.4B
$243M
0.0%
12.3%
$156M
$8.4B
$1.9B
Dec '24
$3.7B
$337M
0.0%
14.4%
$651M
$8.3B
$2.3B
Sep '24
$3.5B
$540M
0.0%
10.2%
$362M
$7.3B
$827M
Jun '24
$3.6B
$415M
0.0%
15.8%
$284M
$7.2B
$942M
Mar '24
$3.4B
$353M
0.0%
15.8%
$140M
$6.9B
$884M
Dec '23
$3.6B
$323M
0.0%
14.4%
$555M
$6.9B
$1.3B
Sep '23
$3.5B
$376M
0.0%
16.2%
$272M
$7.4B
$1.6B
Jun '23
$3.7B
$376M
0.0%
15.6%
$409M
$6.9B
$1.2B
Mar '23
$3.3B
$331M
0.0%
15.3%
$253M
$6.8B
$1.1B
Dec '22
$3.4B
$297M
0.0%
14.3%
$430M
$6.8B
$1.2B
Sep '22
$3.3B
$324M
0.0%
15.8%
$215M
$6.6B
$1.0B
Jun '22
$3.5B
$321M
0.0%
14.0%
$326M
$6.7B
$1.2B
Mar '22
$3.4B
$311M
0.0%
15.4%
$474M
$6.7B
$1.2B
Dec '21
$3.6B
$281M
0.0%
13.9%
$236M
$7.3B
$1.6B
Sep '21
$3.6B
$331M
0.0%
15.0%
$324M
$5.5B
$1.6B
Jun '21
$3.7B
$326M
0.0%
15.2%
$493M
$5.8B
$1.9B
Valuation over time
How the market has priced OTIS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 25.8× (Mar '23) to 20.4× (Jun '26).
The price-to-sales ratio has fallen from 2.4× (Mar '23) to 2.0× (Jun '26).
The dividend yield has risen from 1.4% (Mar '23) to 2.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is OTIS growing its revenue and profit?
Over the past 5 years, Otis Worldwide's revenue has grown 2.5% per year, and net income grown 8.8% per year. These are computed facts, not advice.
How much debt does OTIS have?
As of FY2025, Otis Worldwide reported $8.0B of total debt against $1.1B of cash.
What is OTIS's profit margin?
In FY2025, gross margin was —, operating margin 14.8%, and net margin 9.6%.
What is OTIS's P/E ratio?
As of Jun '26, Otis Worldwide traded at a price-to-earnings ratio of about 20.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.