Otis Worldwide Corp Ordinary Shares OTIS

Morningstar Rating
$64.48 +0.16 (0.25%)
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Company Report

Otis' Modernization Demand Underpins Structural Growth Thesis

Otis is the largest player in the global elevator and escalator industry, operating within a mature, consolidated, and structurally attractive market. The company generates more than 65% of its revenue—and the majority of its profits—from its services business, which benefits from the world’s largest installed base. This entrenched position underpins stable revenue, high margins, and recurring cash flows.

Price vs Fair Value

OTIS is trading at a LOCK|^zs#F& premium.
Price
$64.32
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Otis has the largest installed base globally, which provides a steady and predictable stream of cash flows.

Bears

The global new installation market may prove to be a greater headwind than anticipated.

News

Articles & Videos

Trading Information

Previous Close Price
$64.32
Day Range
$63.59–64.98
52-Week Range
$63.59–94.57
Bid/Ask
$63.75 / $64.65
Shares Outstanding
380.67M
Market Cap
$24.55B
Volume/Avg
6M / 4M

Key Statistics

Price/Earnings (Normalized)
16.20
Price/Sales
1.68
Dividend Yield (Trailing)
2.67%
Dividend Yield (Forward)
2.73%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
6.97%

Company Profile

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. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
Sector
Industrials
Industry
Specialty Industrial Machinery
Stock Style Box
Mid Value
Total Number of Employees
72,000

Competitors

Valuation

Metric
OTIS
SCHN
KNEBV
Price/Earnings (Normalized)
16.2025.3823.69
Price/Book Value
—5.8011.38
Price/Sales
1.682.482.31
Price/Cash Flow
14.8917.8721.65
Price/Earnings
OTIS
SCHN
KNEBV

Financial Strength

Metric
OTIS
SCHN
KNEBV
Quick Ratio
0.681.170.56
Current Ratio
0.831.380.99
Interest Coverage
10.88138.2019.52
Quick Ratio
OTIS
SCHN
KNEBV

Profitability

Metric
OTIS
SCHN
KNEBV
Return on Assets (Normalized)
14.46%9.37%10.77%
Return on Equity (Normalized)
—22.97%39.93%
Return on Invested Capital (Normalized)
55.06%20.91%30.40%
Return on Assets
OTIS
SCHN
KNEBV

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