Otis Worldwide revenue and financials
$64.05Change from previous close: −0.67%Absolute change: −$0.43
In the fiscal year ended December 2025, Otis Worldwide reported revenue of $14.43B (+1.19% year over year). Net income was $1.38B, a net margin of 9.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +1.19%
- 2025 vs 2024
- Net income growth
- −15.87%
- 2025 vs 2024
- Net margin
- 9.6%
- 2024: 11.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Total revenue | 14,431 | 14,261 | 14,209 | 13,685 | 14,298 | 12,756 | 13,118 | 12,915 |
| Cost of revenue | 10,061 | 10,004 | 10,016 | 9,765 | — | — | — | — |
| Gross profit | 4,370 | 4,257 | 4,193 | 3,920 | — | — | — | — |
| Selling, general and administrative | 1,893 | 1,818 | 1,823 | 1,725 | — | — | — | — |
| Research and development | 152 | 152 | 144 | 150 | 159 | 152 | 163 | 181 |
| Operating income | 2,133 | 2,008 | 2,186 | 2,033 | 2,108 | 1,639 | 1,814 | 1,835 |
| EBIT | 2,219 | 2,051 | 2,247 | 2,071 | — | — | — | — |
| EBITDA | 2,394 | 2,232 | 2,440 | 2,262 | — | — | — | — |
| Pre-tax income | 1,934 | 2,039 | 2,031 | 1,888 | — | — | — | — |
| Income tax | 479 | 305 | 533 | 519 | 541 | 455 | 594 | 683 |
| Net income | 1,384 | 1,645 | 1,406 | 1,253 | 1,246 | 906 | 1,116 | 1,049 |
| Net income to common shareholders | 1,384 | 1,645 | 1,406 | 1,253 | — | — | — | — |
| Basic EPS | 3.52 | 4.10 | 3.42 | 2.98 | 2.91 | 2.09 | 2.55 | 2.42 |
| Diluted EPS | 3.50 | 4.07 | 3.39 | 2.96 | 2.89 | 2.08 | 2.55 | 2.42 |
| Average shares (basic) | 393 | 402 | 411 | 420 | — | — | — | — |
| Average shares (diluted) | 395 | 404 | 415 | 423 | 431 | 435 | 433 | 433 |