Otis Worldwide Gross Margin 2019-2025 | OTIS

Current and historical gross margin for Otis Worldwide (OTIS) over the last 10 years. The current gross profit margin for Otis Worldwide as of September 30, 2025 is %.
Otis Worldwide Gross Margin Historical Data
Date TTM Revenue TTM Gross Profit Gross Margin
2025-09-30 $14.31B $4.30B 30.01%
2025-06-30 $14.17B $4.24B 29.93%
2025-03-31 $14.17B $4.23B 29.84%
2024-12-31 $14.26B $4.26B 29.85%
2024-09-30 $14.21B $4.25B 29.94%
2024-06-30 $14.18B $4.22B 29.77%
2024-03-31 $14.30B $4.23B 29.55%
2023-12-31 $14.21B $4.19B 29.51%
2023-09-30 $14.03B $4.09B 29.12%
2023-06-30 $13.85B $4.01B 28.96%
2023-03-31 $13.62B $3.91B 28.71%
2022-12-31 $13.69B $3.92B 28.64%
2022-09-30 $13.82B $4.00B 28.95%
2022-06-30 $14.09B $4.09B 29.01%
2022-03-31 $14.30B $4.18B 29.22%
2021-12-31 $14.30B $4.19B 29.33%
2021-09-30 $14.22B $4.17B 29.29%
2021-06-30 $13.87B $4.09B 29.45%
2021-03-31 $13.20B $3.90B 29.56%
2020-12-31 $12.76B $3.78B 29.63%
2020-09-30 $12.62B $3.73B 29.59%
2020-06-30 $12.66B $3.73B 29.45%
2020-03-31 $12.98B $3.82B 29.44%
2019-12-31 $13.12B $3.83B 29.17%
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $35.180B $14.261B
Otis Worldwide Corp. is one of the leading elevator and escalator manufacturing, installation and service provider to commercial, housing associations, government associations, etc. Otis has expanded business in multiple countries across the world in more than 1,400 branches and offices. Raytheon Technologies Corp. completed the tax-free spin-off of Otis Worldwide Corp and Carrier Global Corp. It has 2 reporting segments: New Equipment & Service. The New Equipment segment manufactures, sells and installs a wide range of passenger and freight elevators, escalators and moving walkways for residential, commercial and infrastructure projects. It has developed a range of elevator and escalator solutions, including Gen360 elevator & Gen2 system. The Service segment performs maintenance & repair and modernization services to upgrade elevators, and escalators. It has a maintenance portfolio of more than 2 million units throughout the globe. Otis provides maintenance services to other manufacturers.
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