NYSE: OTIS
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
Valuation
Currency in —
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Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Otis' Margin Expansion Supporting Medium-Term Earnings Elevation
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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.
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
XNYS: OTIS
| Schindler Holding AG
XSWX: SCHN
| KONE Oyj Class B
XHEL: KNEBV
| Toshiba Corp
XTKS: 6502
| |
Price
| 86.09 | 189.50 | 50.46 | 4,542.00 |
Currency
| USD | CHF | EUR | JPY |
Change
| −$1.10 (1.26%) | +$0.60 (0.32%) | −$0.38 (0.75%) | +$2.00 (0.04%) |
Market Cap
| 35.58 Bil | 20.37 Bil | 26.10 Bil | 1.97 Tril |
Industry
| Specialty Industrial Machinery | Specialty Industrial Machinery | Specialty Industrial Machinery | Conglomerates |
Sector
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Industrials
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Industrials
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Industrials
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Industrials
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* 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.