Skip to Content

Otis Worldwide Corp Ordinary Shares OTIS Stock Quote

| Rating as of


Last close prices updated as of Jun 08, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 86.09
  • Sector Industrials
  • Industry Specialty Industrial Machinery
  • Investment Style Mid Blend
  • Day Range 86.00  –  87.50
  • Year Range 62.49  –  87.50
  • Market Cap 35.5803 Bil
  • Volume / Avg 1.5 Mil /  1.9 Mil
  • Price / Sales 2.66
  • Price / Book 13.20
  • Forward Div Yield 1.58%
  • Trailing Div Yield 1.41%

Morningstar‘s Stock Analysis OTIS

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


Otis' Margin Expansion Supporting Medium-Term Earnings Elevation

Unlock Our Full Analysis With Morningstar Investor

Key Statistics OTIS

Company Profile OTIS

Business Description

Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. 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 15-20 year useful life of an elevator. As the largest global OEM, over decades the business has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.

One Carrier Place
Farmington, CT, 06032
Industry Specialty Industrial Machinery
Employees 69,000

Related Articles OTIS

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of OTIS’s competitive advantage.

Otis Worldwide Corp Ordinary Shares


Schindler Holding AG


KONE Oyj Class B


Toshiba Corp

XTKS: 6502
−$1.10 (1.26%) +$0.60 (0.32%) −$0.38 (0.75%) +$2.00 (0.04%)
Market Cap
35.58 Bil20.37 Bil26.10 Bil1.97 Tril
Specialty Industrial Machinery Specialty Industrial Machinery Specialty Industrial Machinery Conglomerates

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Otis Worldwide Corp Ordinary Shares Stock

Yes. OTIS has a forward dividend yield of 1.59%. See OTIS’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

OTIS’s market cap is 35.58 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

OTIS’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

OTIS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare OTIS’s historical performance against its industry peers and the overall market.