Otis Worldwide: Number of Employees 2019-2025 | OTIS

Interactive chart of Otis Worldwide (OTIS) annual worldwide employee count from 2019 to 2025.
  • Otis Worldwide total number of employees in 2024 was 72,000, a 1.41% increase from 2023.
  • Otis Worldwide total number of employees in 2023 was 71,000, a 2.9% increase from 2022.
  • Otis Worldwide total number of employees in 2022 was 69,000, a 1.43% decline from 2021.
  • Otis Worldwide total number of employees in 2021 was 70,000, a 1.45% increase from 2020.
Otis Worldwide Annual Employee Count
2024 72,000
2023 71,000
2022 69,000
2021 70,000
2020 69,000
2019 69,000
2018 N/A
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $38.264B $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.
Stock Name Country Market Cap PE Ratio
Parker-Hannifin (PH) United States $85.210B 25.22
Mitsubishi Heavy Industries (MHVYF) Japan $80.664B 49.81
Atlas Copco AB (ATLKY) Sweden $79.805B 28.72
Illinois Tool Works (ITW) United States $72.081B 24.33
Ferguson (FERG) United States $42.142B 22.62
Ingersoll Rand (IR) United States $33.294B 26.62
Epiroc Aktiebolag (EPOKY) Sweden $24.707B 29.67
Dover (DOV) United States $24.512B 20.13
Trimble (TRMB) United States $17.264B 32.02
IHI CORP (IHICY) Japan $15.338B 20.60
Graco (GGG) United States $14.228B 30.19
IDEX (IEX) United States $13.788B 23.55
Nordson (NDSN) United States $12.321B 22.55
Kawasaki Heavy Industries (KWHIY) Japan $12.195B 21.10
Spirax Group (SPXSY) United Kingdom $12.105B 0.00
GEA Group AG (GEAGF) Germany $11.891B 0.00
RBC Bearings (RBC) United States $11.676B 40.15
Regal Rexnord (RRX) United States $9.398B 15.28
Applied Industrial Technologies (AIT) United States $8.769B 23.12
Middleby (MIDD) United States $7.719B 14.86
Generac Holdings (GNRC) United States $7.585B 16.76
Chart Industries (GTLS) United States $6.764B 16.67
Flowserve (FLS) United States $6.241B 17.24
Gates Industrial (GTES) United States $5.715B 16.80
Japan Steel Works (JPSWY) Japan $3.806B 31.19
Kadant Inc (KAI) United States $3.798B 32.25
ATS (ATS) Canada $3.031B 29.28
SUMITOMO HEAVY (SOHVY) Japan $2.481B 13.58
Standex (SXI) United States $1.881B 21.26
Xometry (XMTR) United States $1.629B 0.00
DNOW (DNOW) United States $1.588B 16.17
Tennant (TNC) United States $1.420B 12.99
DXP Enterprises (DXPE) United States $1.237B 15.49
Helios Technologies (HLIO) United States $1.114B 16.72
Gorman-Rupp (GRC) United States $0.966B 19.24
Graham (GHM) United States $0.514B 37.59
Luxfer Holdings (LXFR) United States $0.323B 12.47
Paul Mueller (MUEL) United States $0.281B 9.38
ZJK Industrial (ZJK) China $0.249B 0.00
Alta Equipment Group (ALTG) United States $0.207B 0.00
Crawford United (CRAWA) United States $0.174B 12.69
China High Speed Transmission Equipment Group (CHSTY) China $0.147B 0.00
Ascent Industries (ACNT) United States $0.128B 0.00
Taylor Devices (TAYD) United States $0.115B 14.64
Twin Disc (TWIN) United States $0.108B 95.62
HUHUTECH Group (HUHU) China $0.103B 0.00
Burnham Holdings (BURCA) United States $0.079B 7.55
PyroGenesis (PYRGF) Canada $0.067B 0.00
Broadwind Energy (BWEN) United States $0.043B 0.00
CVD Equipment (CVV) United States $0.022B 0.00