OTIS Financials Otis Worldwide

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 Nov 1, 2026, 10:31 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$14.4B	$1.4B	0.0%	14.8%	-25.7%	13.0%	$1.4B	$8.0B	$1.1B
2024	$14.3B	$1.6B	0.0%	14.1%	-33.9%	14.5%	$1.4B	$8.3B	$2.3B
2023	$14.2B	$1.4B	0.0%	15.4%	-28.6%	13.9%	$1.5B	$6.9B	$1.3B
2022	$13.7B	$1.3B	0.0%	14.9%	-25.7%	12.8%	$1.4B	$6.8B	$1.2B
2021	$14.3B	$1.2B	0.0%	14.7%	-34.4%	10.1%	$1.6B	$7.3B	$1.6B
2020	$12.8B	$906M	0.0%	12.8%	-23.5%	8.5%	$1.3B	$6.0B	$1.8B
2019	$13.1B	$1.1B	0.0%	13.8%	65.6%	11.5%	$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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Sep '26	$3.9B	$414M	0.0%	15.8%	-7.6%	3.7%	$298M	$8.3B	$866M
Jun '26	$3.9B	$428M	0.0%	14.9%	-7.4%	3.8%	$223M	$8.4B	$813M
Mar '26	$3.6B	$340M	0.0%	15.1%	-6.0%	3.2%	$380M	$7.8B	$834M
Dec '25	$3.8B	$374M	0.0%	15.5%	-6.9%	3.5%	$772M	$8.0B	$1.1B
Sep '25	$3.7B	$374M	0.0%	15.9%	-6.9%	3.5%	$337M	$8.1B	$840M
Jun '25	$3.6B	$393M	0.0%	15.2%	-7.3%	3.7%	$179M	$7.7B	$688M
Mar '25	$3.4B	$243M	0.0%	12.3%	-4.7%	2.2%	$156M	$8.4B	$1.9B
Dec '24	$3.7B	$337M	0.0%	14.4%	-7.0%	3.0%	$651M	$8.3B	$2.3B
Sep '24	$3.5B	$540M	0.0%	10.2%	-11.0%	5.3%	$362M	$7.3B	$827M
Jun '24	$3.6B	$415M	0.0%	15.8%	-8.2%	4.2%	$284M	$7.2B	$942M
Mar '24	$3.4B	$353M	0.0%	15.8%	-7.0%	3.6%	$140M	$6.9B	$884M
Dec '23	$3.6B	$323M	0.0%	14.4%	-6.6%	3.2%	$555M	$6.9B	$1.3B
Sep '23	$3.5B	$376M	0.0%	16.2%	-7.9%	3.6%	$272M	$7.4B	$1.6B
Jun '23	$3.7B	$376M	0.0%	15.6%	-7.7%	3.7%	$409M	$6.9B	$1.2B
Mar '23	$3.3B	$331M	0.0%	15.3%	-6.8%	3.4%	$253M	$6.8B	$1.1B
Dec '22	$3.4B	$297M	0.0%	14.3%	-6.1%	3.0%	$430M	$6.8B	$1.2B
Sep '22	$3.3B	$324M	0.0%	15.8%	-6.6%	3.5%	$215M	$6.6B	$1.0B
Jun '22	$3.5B	$321M	0.0%	14.0%	-6.4%	3.2%	$326M	$6.7B	$1.2B
Mar '22	$3.4B	$311M	0.0%	15.4%	-6.2%	2.6%	$474M	$6.7B	$1.2B
Dec '21	$3.6B	$281M	0.0%	13.9%	-7.8%	2.3%	$236M	$7.3B	$1.6B

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 25.6× (Mar '23) to 21.6× (Nov '26).
The price-to-sales ratio has fallen from 2.3× (Mar '23) to 2.1× (Nov '26).
The dividend yield has risen from 1.4% (Mar '23) to 2.2% (Nov '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?

Otis Worldwide's P/E (TTM) is 19.17 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the OTIS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 21.6× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.