Otis Worldwide Corporation
Electronic & Other Electrical Equipment (No Computer Equip)
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.
It is a $25.1B technology company. Revenue grew 5.2% over the last year, it keeps 10¢ of every dollar of sales as profit, and its net debt equals ~4.0 years of free cash flow. It trades at 16.6× earnings — near the lowest of its own history.
- Website
- otis.com
- Location
- Farmington, CT
- Employees
- 72 000
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong valuation, profitability and quality; Growth and Health lag behind.
Valuation90
- P/E vs own history1th pct · 25/25
- FCF yield6.8% · 20/25
- P/S1.7x · 25/25
- EV/EBITDA13.3x · 20/25
Growth44
- Revenue CAGR0.2% · 6/25
- Net income CAGR2.7% · 6/25
- EPS CAGR ~5Y10.9% · 20/25
- Fwd implied growth6.6% · 12/25
Profitability77
- ROIC94.3% · 25/25
- ROE14.9% · 12/25
- Net margin10.2% · 20/25
- Operating margin15.3% · 20/25
Health31
- Altman Zn/a · 0/25
- Current ratio0.83 · 6/25
- Interest coverage10.9x · 25/25
- Net cash / debtD/A 64% · 0/25
Quality97
- Piotroski F7/9 · 22/25
- Beneish M-2.63 · 25/25
- FCF conversion113% · 25/25
- Margin stabilityσ 1.2% · 25/25
Moat74
- ROIC >12% years6/6 yrs · 25/25
- Median gross margin29.4% · 6/25
- FCF-positive years6/6 yrs · 25/25
- Worst-year net marginworst 7.1% · 18/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2024FinancialBest year on record$1.65B net income
- FY2020FinancialProfitable every year on record6 consecutive profitable years in our data
- FY2020FinancialRevenue already above $10B$12.8B in first reported year
- FY2020FinancialPositive free cash flow every year since6-year streak
- 2013MilestoneOtis won its biggest ever contract to date, to supply 670 elevators and escalators to the Hyderabad…
- 2011AcquisitionOtis acquired its competitor Marshall Elevator for an undisclosed amount
- 2005AcquisitionLG Industrial Systems was separated into LS Industrial…
- 1999AcquisitionOtis acquired CemcoLift, Inc, located in Hatfield, Pennsylvania
- 1997AcquisitionOtis Elevator Company purchased Evans Lifts in the UK when Evans Lifts Ltd went bankrupt in 1997 during its merger…
- 1982AcquisitionIt re-entered the Korean market through a technological alliance with Dongyang Elevator
- 1976AcquisitionThe Otis Elevator Company was acquired by United Technologies in 1976
- 1925ProductThe world's first fully automatic elevator, Collective Control, was introduced
- 1910MilestoneOtis installed the first hydraulic elevator for transporting money at the Bank of Chosun
- 1852ProductThe company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Interest covered 10.9× by operating earnings
- High returns on invested capital (ROIC 94.3%)
- Piotroski F-Score 7/9 — fundamentally strong checklist
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+5.2% YoY
- Profitable — makes more than it spends$1.52B TTM
- Profit growing — earnings are higher than last year+5.8% YoY
- Generates cash — cash left after running and investing$1.71B TTM
- Debt under control — could handle its obligations~4.0y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$25.1B market cap
- Not printing shares — share count not ballooning — you keep your slice-9.1% shares over ~5y
- Proven track record — years of profitability behind it6/6 profitable years
- Financially stable — balance sheet not near distresshealth score 31/100
- Pays a dividend — returns cash to shareholdersyield 2.62%
- Valuation not extreme — price not wildly above earningsP/E 16.6
Peer comparisonOtis Worldwide Corporation vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| OTIS this company | $25.1B | 16.6 | +5.2% | 10.2% | Strained |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: OTIS vs NVDA · OTIS vs AAPL · OTIS vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2020–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/OTIS
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of OTIS on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $65.95 · market cap $25.1B.