O

Otis Worldwide Corporation

OTIS · CIK 0001781335

8 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$14.43B1.2%
FY2025
Net income (FY)
$1.38B15.9%
FY2025
Free cash flow (FY)
$1.44B0.5%
FY2025
Diluted EPS (FY)
$3.5014.0%
FY2025
The story, charted

The shape of the business

FY2018–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$5B$10B$15BFY2018 · Revenue $12.91B · Net income $1.05B · 0001781335-21-000023 · filed 2021-02-05FY18Revenue $12.91BNet income $1.05B0001781335-21-000023 · filed 2021-02-05FY2019 · Revenue $13.12B · Net income $1.12B · 0001781335-22-000007 · filed 2022-02-04FY19Revenue $13.12BNet income $1.12B0001781335-22-000007 · filed 2022-02-04FY2020 · Revenue $12.76B · Net income $906.0M · 0001781335-23-000009 · filed 2023-02-03FY20Revenue $12.76BNet income $906.0M0001781335-23-000009 · filed 2023-02-03FY2021 · Revenue $14.30B · Net income $1.25B · 0001781335-24-000013 · filed 2024-02-02FY21Revenue $14.30BNet income $1.25B0001781335-24-000013 · filed 2024-02-02FY2022 · Revenue $13.69B · Net income $1.25B · 0001781335-25-000010 · filed 2025-02-04FY22Revenue $13.69BNet income $1.25B0001781335-25-000010 · filed 2025-02-04FY2023 · Revenue $14.21B · Net income $1.41B · 0001781335-26-000011 · filed 2026-02-05FY23Revenue $14.21BNet income $1.41B0001781335-26-000011 · filed 2026-02-05FY2024 · Revenue $14.26B · Net income $1.65B · 0001781335-26-000011 · filed 2026-02-05FY24Revenue $14.26BNet income $1.65B0001781335-26-000011 · filed 2026-02-05FY2025 · Revenue $14.43B · Net income $1.38B · 0001781335-26-000011 · filed 2026-02-05FY25Revenue $14.43BNet income $1.38B0001781335-26-000011 · filed 2026-02-05FY25Revenue $14.43BNet income $1.38B0001781335-26-000011 · filed 2026-02-05FY18FY19FY20FY21FY22FY23FY24FY25

revenue 1.1× since FY2018 · net margin 8.1% → 9.6%

MarginsNet marginFCF margin
0%5%10%FY2018 · Net margin 8.1% · FCF margin 10.7%FY18Net margin 8.1%FCF margin 10.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 8.5% · FCF margin 10.1%FY19Net margin 8.5%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 7.1% · FCF margin 10.2%FY20Net margin 7.1%FCF margin 10.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 8.7% · FCF margin 11.1%FY21Net margin 8.7%FCF margin 11.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 9.2% · FCF margin 10.6%FY22Net margin 9.2%FCF margin 10.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 9.9% · FCF margin 10.5%FY23Net margin 9.9%FCF margin 10.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 11.5% · FCF margin 10.1%FY24Net margin 11.5%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 9.6% · FCF margin 10.0%FY25Net margin 9.6%FCF margin 10.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 9.6%FCF margin 10.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’19’21’23’25

FY2025: net 9.6% · free cash flow 10.0% of revenue

Cash engineOperating cash flowFree cash flow
$0$500M$1B$1.5BFY2018 · OCF $1.55B · FCF $1.38B · 0001781335-21-000023 · filed 2021-02-05FY18OCF $1.55BFCF $1.38B0001781335-21-000023 · filed 2021-02-05FY2019 · OCF $1.47B · FCF $1.32B · 0001781335-22-000007 · filed 2022-02-04FY19OCF $1.47BFCF $1.32B0001781335-22-000007 · filed 2022-02-04FY2020 · OCF $1.48B · FCF $1.30B · 0001781335-23-000009 · filed 2023-02-03FY20OCF $1.48BFCF $1.30B0001781335-23-000009 · filed 2023-02-03FY2021 · OCF $1.75B · FCF $1.59B · 0001781335-24-000013 · filed 2024-02-02FY21OCF $1.75BFCF $1.59B0001781335-24-000013 · filed 2024-02-02FY2022 · OCF $1.56B · FCF $1.45B · 0001781335-25-000010 · filed 2025-02-04FY22OCF $1.56BFCF $1.45B0001781335-25-000010 · filed 2025-02-04FY2023 · OCF $1.63B · FCF $1.49B · 0001781335-26-000011 · filed 2026-02-05FY23OCF $1.63BFCF $1.49B0001781335-26-000011 · filed 2026-02-05FY2024 · OCF $1.56B · FCF $1.44B · 0001781335-26-000011 · filed 2026-02-05FY24OCF $1.56BFCF $1.44B0001781335-26-000011 · filed 2026-02-05FY2025 · OCF $1.60B · FCF $1.44B · 0001781335-26-000011 · filed 2026-02-05FY25OCF $1.60BFCF $1.44B0001781335-26-000011 · filed 2026-02-05FY25OCF $1.60BFCF $1.44B0001781335-26-000011 · filed 2026-02-05’19’21’23’25

FY2025: $1.60B operating cash − $152.0M capex = $1.44B free cash flow

Returns on capitalReturn on equityReturn on assets
0%50%FY2019 · ROE 65.6% · ROA 11.5%FY19ROE 65.6%ROA 11.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE -23.5% · ROA 8.5%FY20ROE -23.5%ROA 8.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE -34.4% · ROA 10.1%FY21ROE -34.4%ROA 10.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE -25.7% · ROA 12.8%FY22ROE -25.7%ROA 12.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE -28.6% · ROA 13.9%FY23ROE -28.6%ROA 13.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE -33.9% · ROA 14.5%FY24ROE -33.9%ROA 14.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE -25.7% · ROA 13.0%FY25ROE -25.7%ROA 13.0%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE -25.7%ROA 13.0%derived: net income ÷ equity · derived: net income ÷ assets’19’21’23’25

return on equity 66% (FY2019) → -26% (FY2025) · on assets 13.0%

Balance sheetLiabilitiesEquity
$0$5B$10B$15BFY2019 · Liabilities $7.36B · Equity $1.70BFY19Liabilities $7.36BEquity $1.70B0001781335-21-000023 · filed 2021-02-05FY2020 · Liabilities $13.91B · Equity −$3.86BFY20Liabilities $13.91BEquity −$3.86B0001781335-22-000007 · filed 2022-02-04FY2021 · Liabilities $15.26B · Equity −$3.63BFY21Liabilities $15.26BEquity −$3.63B0001781335-23-000009 · filed 2023-02-03FY2022 · Liabilities $14.48B · Equity −$4.87BFY22Liabilities $14.48BEquity −$4.87B0001781335-24-000013 · filed 2024-02-02FY2023 · Liabilities $14.84B · Equity −$4.92BFY23Liabilities $14.84BEquity −$4.92B0001781335-25-000010 · filed 2025-02-04FY2024 · Liabilities $16.04B · Equity −$4.85BFY24Liabilities $16.04BEquity −$4.85B0001781335-26-000011 · filed 2026-02-05FY2025 · Liabilities $15.92B · Equity −$5.39BFY25Liabilities $15.92BEquity −$5.39B0001781335-26-000011 · filed 2026-02-05FY25Liabilities $15.92BEquity −$5.39B0001781335-26-000011 · filed 2026-02-05’19’21’23’25

FY2025: $10.65B assets · $15.92B liabilities · −$5.39B equity

The receipts