Otis Worldwide Financial Statements
NYSE: OTISTechnologyConsumer Electronics/AppliancesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Otis Worldwide revenue and earnings
In fiscal 2025, Otis Worldwide generated $14.43 billion in revenue, up 1.2% from fiscal 2024, its 3rd consecutive year of revenue growth. Net income was $1.38 billion (-15.9% year over year), for a net margin of 9.6% versus a median of 9.2% in the prior 5 years. Operating margin was 14.8%.
Diluted earnings per share came in at $3.50, down from $4.07. Over the last 5 fiscal years, OTIS's revenue has grown at a 2.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Otis Worldwide income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14.43B | 14.26B | 14.21B | 13.69B | 14.30B | 12.76B | 13.12B | 12.91B |
| Revenue growth (YoY) | +1.19% | +0.37% | +3.83% | -4.29% | +12.09% | -2.76% | +1.57% | — |
| Research & Development | 152.00M | 152.00M | 144.00M | 150.00M | 159.00M | 152.00M | 163.00M | 181.00M |
| Selling, General & Admin | 1.98B | 1.86B | 1.88B | 1.76B | 1.95B | 1.92B | 1.81B | 1.74B |
| Operating Income | 2.13B | 2.01B | 2.19B | 2.03B | 2.11B | 1.64B | 1.81B | 1.83B |
| Interest Expense | 217.00M | 183.00M | 155.00M | 140.00M | 136.00M | 124.00M | 0 | — |
| Pretax Income | 1.93B | 2.04B | 2.03B | 1.89B | 1.96B | 1.51B | 1.86B | 1.89B |
| Income Tax | 479.00M | 305.00M | 533.00M | 519.00M | 541.00M | 455.00M | 594.00M | 683.00M |
| Net Income | 1.38B | 1.65B | 1.41B | 1.25B | 1.25B | 906.00M | 1.12B | 1.05B |
| Net Income growth (YoY) | -15.87% | +17.00% | +12.21% | +0.56% | +37.53% | -18.82% | +6.39% | — |
| EPS (Basic) | 3.52 | 4.10 | 3.42 | 2.98 | 2.91 | 2.09 | 2.55 | 2.42 |
| EPS (Diluted) | 3.50 | 4.07 | 3.39 | 2.96 | 2.89 | 2.08 | 2.55 | 2.42 |
| Shares Outstanding (Basic) | 392.80M | 401.70M | 411.40M | 420.00M | 427.70M | 433.20M | 433.10M | 433.10M |
| Shares Outstanding (Diluted) | 394.90M | 404.40M | 414.60M | 423.00M | 431.40M | 434.60M | 433.10M | 433.10M |
| EBITDA | 2.31B | 2.19B | 2.38B | 2.22B | 2.31B | 1.83B | 1.99B | 2.02B |
| Operating Margin | 14.78% | 14.08% | 15.38% | 14.86% | 14.74% | 12.85% | 13.83% | 14.21% |
| Net Margin | 9.59% | 11.53% | 9.90% | 9.16% | 8.71% | 7.10% | 8.51% | 8.12% |
This table shows 8 annual periods of Otis Worldwide's income statement, from FY 2025 back to FY 2018, across 15 line items including revenue, research & development, selling, general & admin. Values in USD; B = billions, M = millions. Fiscal periods follow OTIS's reporting calendar. What is a income statement?