Otis Worldwide Revenue 2019-2025 | OTIS
Otis Worldwide annual/quarterly revenue history and growth rate from 2019 to 2025. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
- Otis Worldwide revenue for the quarter ending December 31, 2025 was $3.796B, a 3.29% increase year-over-year.
- Otis Worldwide revenue for the twelve months ending December 31, 2025 was $14.431B, a 1.19% increase year-over-year.
- Otis Worldwide annual revenue for 2025 was $14.431B, a 1.19% increase from 2024.
- Otis Worldwide annual revenue for 2024 was $14.261B, a 0.37% increase from 2023.
- Otis Worldwide annual revenue for 2023 was $14.209B, a 3.83% increase from 2022.
|
Otis Worldwide Annual Revenue (Millions of US $) |
|
|---|---|
| 2025 | $14,431 |
| 2024 | $14,261 |
| 2023 | $14,209 |
| 2022 | $13,685 |
| 2021 | $14,298 |
| 2020 | $12,756 |
| 2019 | $13,118 |
| 2018 | $12,915 |
|
Otis Worldwide Quarterly Revenue (Millions of US $) |
|
|---|---|
| 2025-12-31 | $3,796 |
| 2025-09-30 | $3,690 |
| 2025-06-30 | $3,595 |
| 2025-03-31 | $3,350 |
| 2024-12-31 | $3,675 |
| 2024-09-30 | $3,548 |
| 2024-06-30 | $3,601 |
| 2024-03-31 | $3,437 |
| 2023-12-31 | $3,620 |
| 2023-09-30 | $3,523 |
| 2023-06-30 | $3,720 |
| 2023-03-31 | $3,346 |
| 2022-12-31 | $3,439 |
| 2022-09-30 | $3,344 |
| 2022-06-30 | $3,488 |
| 2022-03-31 | $3,414 |
| 2021-12-31 | $3,569 |
| 2021-09-30 | $3,620 |
| 2021-06-30 | $3,701 |
| 2021-03-31 | $3,408 |
| 2020-12-31 | $3,493 |
| 2020-09-30 | $3,268 |
| 2020-06-30 | $3,029 |
| 2020-03-31 | $2,966 |
| 2019-12-31 | $3,353 |
| 2019-09-30 | $3,313 |
| 2019-06-30 | $3,351 |
| 2019-03-31 | $3,101 |
| 2018-12-31 | |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Industrial Products | General Industrial Machinery | $34.919B | $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. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Parker-Hannifin (PH) | United States | $126.437B | 33.96 |
| Mitsubishi Heavy Industries (MHVYF) | Japan | $112.342B | 59.46 |
| Atlas Copco AB (ATLKY) | Sweden | $105.162B | 39.22 |
| Illinois Tool Works (ITW) | United States | $86.914B | 28.56 |
| Ferguson (FERG) | United States | $51.108B | 25.28 |
| Ingersoll Rand (IR) | United States | $38.926B | 30.50 |
| Dover (DOV) | United States | $31.769B | 24.08 |
| IHI CORP (IHICY) | Japan | $30.236B | 0.00 |
| Kawasaki Heavy Industries (KWHIY) | Japan | $19.591B | 27.04 |
| RBC Bearings (RBC) | United States | $17.468B | 51.06 |
| Watsco (WSO) | United States | $16.950B | 32.65 |
| Nordson (NDSN) | United States | $16.610B | 29.12 |
| Trimble (TRMB) | United States | $15.798B | 25.25 |
| IDEX (IEX) | United States | $15.749B | 26.47 |
| Graco (GGG) | United States | $15.696B | 32.09 |
| Regal Rexnord (RRX) | United States | $14.618B | 22.82 |
| Generac Holdings (GNRC) | United States | $13.172B | 35.35 |
| Toromont Industries (TMTNF) | $12.015B | 0.00 | |
| Flowserve (FLS) | United States | $11.401B | 24.64 |
| Watts Water Technologies (WTS) | United States | $10.957B | 31.05 |
| Applied Industrial Technologies (AIT) | United States | $10.439B | 26.63 |
| Chart Industries (GTLS) | United States | $9.295B | 20.91 |
| Accelleron Industries AG - (ACLLY) | $8.700B | 0.00 | |
| Middleby (MIDD) | United States | $8.257B | 16.93 |
| Gates Industrial (GTES) | United States | $7.100B | 19.29 |
| MUELLER WATER PRODUCTS (MWA) | United States | $4.712B | 22.32 |
| Japan Steel Works (JPSWY) | Japan | $4.538B | 39.02 |
| SUMITOMO HEAVY (SOHVY) | Japan | $4.471B | 19.79 |
| Standex (SXI) | United States | $3.154B | 31.36 |
| ATS (ATS) | Canada | $3.058B | 24.94 |
| Xometry (XMTR) | United States | $2.840B | 0.00 |
| Helios Technologies (HLIO) | United States | $2.506B | 36.37 |
| DXP Enterprises (DXPE) | United States | $2.329B | 27.46 |
| Gorman-Rupp (GRC) | United States | $1.773B | 31.64 |
| DNOW (DNOW) | United States | $1.725B | 16.43 |
| Tennant (TNC) | United States | $1.505B | 14.85 |
| Graham (GHM) | United States | $0.935B | 56.27 |
| Wolfspeed (WOLF) | United States | $0.800B | 0.00 |
| Luxfer Holdings (LXFR) | United States | $0.417B | 16.10 |
| Paul Mueller (MUEL) | United States | $0.409B | 11.32 |
| China High Speed Transmission Equipment Group (CHSTY) | China | $0.368B | 0.00 |
| Crawford United (CRAWA) | United States | $0.292B | 16.63 |
| Twin Disc (TWIN) | United States | $0.260B | 0.00 |
| Taylor Devices (TAYD) | United States | $0.247B | 24.87 |
| Alta Equipment Group (ALTG) | United States | $0.214B | 0.00 |
| Ascent Industries (ACNT) | United States | $0.167B | 0.00 |
| HUHUTECH Group (HUHU) | China | $0.146B | 0.00 |
| ZJK Industrial (ZJK) | China | $0.116B | 0.00 |
| Burnham Holdings (BURCA) | United States | $0.085B | 7.81 |
| Broadwind Energy (BWEN) | United States | $0.056B | 0.00 |
| CVD Equipment (CVV) | United States | $0.028B | 0.00 |