Otis Worldwide Corp (OTIS) FinancialsOTISFinancialOtis Worldwide Corp

Otis Worldwide Corporation (OTIS) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Service Maintenance And Repair, accounting for 67.8% of total sales, equivalent to $2.42B. Other significant revenue streams include New Equipment and Product. Understanding this composition is critical for investors evaluating how OTIS navigates market cycles within the Heavy Electrical Equipment industry.

Evaluating the bottom line, Otis Worldwide Corporation maintains a gross margin of 29.44%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 15.19%, while the net margin is 11.64%. These profitability ratios, combined with a Return on Equity (ROE) of N/A, provide a clear picture of how effectively OTIS converts its operational activities into shareholder value.

In the context of the broader market, OTIS competes directly with industry leaders such as EME and MTZ. With a market capitalization of $27.65B, it holds a significant position in the sector. When comparing efficiency, OTIS's gross margin of 29.44% stands against EME's 19.83% and MTZ's 9.89%. Such benchmarking helps identify whether Otis Worldwide Corporation is trading at a premium or discount relative to its financial performance.

Otis has reported fluctuating gross margins, with a recent gross margin of 29.44% in Q2 2026, down from previous quarters. The net income for Q2 2026 was $428 million, showing a recovery from Q1 but still reflecting ongoing challenges in profitability.