Otis Worldwide Corp (OTIS)
Industrials · Industrial Machinery & Supplies & Components · US stock · S&P 500 component
$71.33
▲ +0.93 (1.32%)
Fair valueUndervalued
$108 +51.5% to fair value
$54fair band $76–$140$162
Day's range
$70.43 – $71.54
52-week range
$63.58 – $93.43
Red flags⚠ Negative equity
About Otis Worldwide Corp
Otis makes, installs and services elevators and escalators for buildings around the world. It earns money in two ways: selling and installing new equipment for construction projects, and providing maintenance, repair and modernization services for the large base of units it already has in operation. Service contracts are typically recurring and make up a large portion of the business, which supports steadier income than new construction alone.
The company reported revenue of $14.9 billion over the last twelve months. The three-year revenue growth rate is 1.8% a year. Profitability shows an operating margin of 15.4% and a return on invested capital of 93%. Net debt stands at 3.1 times EBITDA. Shareholders receive a dividend, yielding 2.4%. This gives an X-Ray Score of 55 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $63.58 – $93.43Volume 5,028,700Daily, split-adjusted
Vitals
Market cap$27.4B
52-week range$63.58 – $93.43
Volume (last day)5,028,700
P/E (TTM)18.4
EBIT / EV yield6.5%
Free-cash-flow yield6.3%
Dividend yield2.4%
Revenue (TTM)$14.9B
Net income (TTM)$1.5B
Operating margin15.4%
Return on capital92.9%
Debt incl. leases$8.4B
Cash & securities$813M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$108model spread $102 – $115
Undervalued
+51.5% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $71
Undervalued < $76Fair $76 – $140Overvalued > $140
10-year DCF (market-scaled)
$98
Peer multiples
$110
Earnings power floor (not blended)
$31
Fundamentals-adjusted multiple
$116
Growth the price implies
7.0%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, but the price is low
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Strong
85/100
Cheap against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield6.5%
Free-cash-flow yield6.3%
Fair value vs price1.5×
Growth
Weak
31/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)1.8%
EPS growth (3y)5.7%
Growth consistency70%
Profitability
Strong
75/100
Earns high returns on the capital it uses.
See the numbers →
Return on invested capital92.9%
Operating margin15.4%
Financial health
Weak
22/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA3.1×
Interest cover10.0×
Dividends
Fair
57/100
Dividend is typical for its sector.
See the numbers →
Dividend yield2.4%
Dividends vs free cash flow39%
Dividend growth11.6%
Quarterly results: last 6 quarters
-2.5%
Mar '25
-0.2%
Jun '25
+4.0%
Sep '25
+3.3%
Dec '25
+6.4%
Mar '26
+7.3%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $3.9B, diluted EPS $1.12.
Compare with peers
SNA Snap-on Inc67 PNR PENTAIR plc62 GWW W.W. Grainger, Inc.58 XYL Xylem Inc.56Other Industrial Machinery & Supplies & Components companies by X-Ray Score.
Fundamentals checklist
● 4 Good · ● 5 Average · ● 6 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldGood
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyAverage
Balance sheet
Current ratioBad
Net debt / EBITDABad
Interest coverBad
Valuation
Fair value vs priceGood
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 53/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $14.3B | $13.7B | $14.2B | $14.3B | $14.4B |
| Operating income | $2.1B | $2.0B | $2.2B | $2.0B | $2.1B |
| Net income | $1.2B | $1.3B | $1.4B | $1.6B | $1.4B |
| Operating cash flow | $1.8B | $1.6B | $1.6B | $1.6B | $1.6B |
| Operating margin | 14.7% | 14.9% | 15.4% | 14.1% | 14.8% |
| Free cash flow | $1.6B | $1.4B | $1.5B | $1.4B | $1.4B |
| Diluted EPS | $2.89 | $2.96 | $3.39 | $4.07 | $3.50 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 1 neutral · 5 bearish
Weekly
Bearish
4 bullish · 1 neutral · 7 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 67.54 | Bullish |
| EMA 10 | 68.22 | Bullish |
| SMA 20 | 66.79 | Bullish |
| EMA 20 | 67.78 | Bullish |
| SMA 50 | 69.31 | Bullish |
| EMA 50 | 68.88 | Bullish |
| SMA 100 | 70.48 | Bullish |
| EMA 100 | 71.02 | Bullish |
| SMA 200 | 76.40 | Bearish |
| EMA 200 | 75.14 | Bearish |
Oscillators (daily)
| RSI (14) | 65.05 | Neutral |
| MACD (12, 26) | 0.08 | Bullish |
| Momentum (12) | 10.90 | Bullish |
| Stochastic %K (14) | 97.36 | Bearish |
| Williams %R (14) | -2.64 | Bearish |
| CCI (20) | 210.4 | Bearish |
Pivot points (classic, last session)
S3 69.54 | S2 69.98 | S1 70.66 | Pivot 71.10 | R1 71.77 | R2 72.21 | R3 72.89 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.72 USD
Yield on today's price
2.41%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 14 Aug 2026 | 0.4400 |
| 15 May 2026 | 0.4400 |
| 13 Feb 2026 | 0.4200 |
| 14 Nov 2025 | 0.4200 |
| 15 Aug 2025 | 0.4200 |
| 16 May 2025 | 0.4200 |
| 14 Feb 2025 | 0.3900 |
| 15 Nov 2024 | 0.3900 |
| 16 Aug 2024 | 0.3900 |
| 16 May 2024 | 0.3900 |
| 15 Feb 2024 | 0.3400 |
| 16 Nov 2023 | 0.3400 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
OTIS SEC filings
15 Sep 2026
8-KSEC EDGAR
Director or officer change; Regulation FD disclosure
23 Jul 2026
10-QSEC EDGAR
Quarterly report
22 Jul 2026
8-KSEC EDGAR
Results of operations
29 May 2026
8-KSEC EDGAR
Shareholder vote results
7 May 2026
8-KSEC EDGAR
Other events
23 Apr 2026
10-QSEC EDGAR
Quarterly report
22 Apr 2026
8-KSEC EDGAR
Results of operations
17 Apr 2026
DEF 14ASEC EDGAR
Proxy statement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.