About Otis Worldwide Corporation
Otis Worldwide Corporation (OTIS) has been publicly traded since 2020, making it a 6-year-old public company. It operates in the Specialty Industrial Machinery industry within the Industrials sector. The company is headquartered in Farmington, United States and employs approximately 72,000 people. With a market capitalization of $32 billion, OTIS is a large established company.
Key Statistics
- Current Price
- $83.19
- Market Cap
- $32.42B
- 52-Week High
- $105.95
- 52-Week Low
- $82.47
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -4.32% | $86.95 | $83.19 |
| 2025 | -3.99% | $90.56 | $86.95 |
| 2024 | +5.17% | $86.12 | $90.56 |
| 2023 | +16.04% | $74.21 | $86.12 |
| 2022 | -8.76% | $81.33 | $74.21 |
| 2021 | +30.41% | $62.37 | $81.33 |
Valuation
OTIS currently trades at a trailing P/E ratio of 23.8, which is considered moderate relative to the broader market. The forward P/E of 17.2 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at -6.0. The price-to-sales ratio is 2.2.
Dividends
Otis Worldwide Corporation pays a dividend to shareholders with a current yield of 2.02%. This translates to $1.68 per share annually. The payout ratio of 47% indicates sustainable dividend coverage.
Risk & Volatility
OTIS has a beta of 0.99, indicating it is similarly volatile to the overall market. The stock's 52-week range is $82.47 to $105.95, and it currently trades near its 52-week low.
Analyst Ratings
Based on 14 analyst opinions, OTIS has a consensus "buy" rating. The average price target of $102.43 suggests 23.1% upside from current levels.
Frequently Asked Questions
What does Otis Worldwide Corporation do? ▼
Otis Worldwide Corporation is a Specialty Industrial Machinery company operating in the Industrials sector. The company is headquartered in Farmington, United States.
What sector is OTIS in? ▼
OTIS operates in the Industrials sector, specifically in the Specialty Industrial Machinery industry.
When did OTIS go public? ▼
Otis Worldwide Corporation went public in 2020, making it a 6-year-old public company as of 2026.
How much would $1,000 invested in OTIS 5 years ago be worth today? ▼
A $1,000 investment in OTIS five years ago would be worth approximately $1,383 today, representing a 38.3% return.
Does OTIS pay dividends? ▼
Yes, Otis Worldwide Corporation pays a dividend with a current yield of 2.02%, which is $1.68 per share annually.
What is OTIS's market cap? ▼
Otis Worldwide Corporation has a market capitalization of $32 billion, classifying it as a large-cap company.
What is OTIS's P/E ratio? ▼
OTIS has a trailing P/E ratio of 23.8 and a forward P/E of 17.2, which measures how much investors are paying per dollar of earnings.
Is OTIS a buy, hold, or sell? ▼
Based on 14 opinions, OTIS has a consensus "buy" rating. The average price target is $102.43.
Last updated: 3/14/2026