Otis Worldwide Operating Income 2019-2026 | OTIS

Otis Worldwide annual/quarterly operating income history and growth rate from 2019 to 2026. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Otis Worldwide operating income for the quarter ending June 30, 2026 was $575M, a 5.12% increase year-over-year.
  • Otis Worldwide operating income for the twelve months ending June 30, 2026 was $2.289B, a 23.6% increase year-over-year.
  • Otis Worldwide annual operating income for 2025 was $2.133B, a 6.23% increase from 2024.
  • Otis Worldwide annual operating income for 2024 was $2.008B, a 8.14% decline from 2023.
  • Otis Worldwide annual operating income for 2023 was $2.186B, a 7.53% increase from 2022.
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Otis Worldwide Annual Operating Income
(Millions of US $)
2025 $2,133
2024 $2,008
2023 $2,186
2022 $2,033
2021 $2,108
2020 $1,639
2019 $1,814
2018 $1,835
Otis Worldwide Quarterly Operating Income
(Millions of US $)
2026-06-30 $575
2026-03-31 $539
2025-12-31 $589
2025-09-30 $586
2025-06-30 $547
2025-03-31 $411
2024-12-31 $531
2024-09-30 $363
2024-06-30 $570
2024-03-31 $544
2023-12-31 $522
2023-09-30 $571
2023-06-30 $580
2023-03-31 $513
2022-12-31 $491
2022-09-30 $529
2022-06-30 $487
2022-03-31 $526
2021-12-31 $496
2021-09-30 $542
2021-06-30 $561
2021-03-31 $509
2020-12-31 $440
2020-09-30 $454
2020-06-30 $416
2020-03-31 $329
2019-12-31 $436
2019-09-30 $482
2019-06-30 $481
2019-03-31 $415
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $26.076B $14.431B
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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