undamentalytics Newsletter

Otis Worldwide revenue

Otis Worldwide's revenue was $14.43bn in fiscal 2025, up 1.2% on the year before. Since fiscal 2018 ($12.91bn) it has grown at a compound 1.6% a year. Over the last twelve months it was $15.13bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Otis Worldwide: revenue history, annual
Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue12.913.112.814.313.714.214.314.415.1
Growth on the year before—+1.6%−2.8%+12.1%−4.3%+3.8%+0.4%+1.2%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Services $9.4B 65.4% ▲ 6.2%
Service Maintenance and Repair (part of Services) $7.6B 80.3% ▲ 5.2%
Service Modernization (part of Services) $1.9B 19.7% ▲ 10.4%
Products $5B 34.6% ▼ 7.0%
Geography
Region Revenue Share YoY
Other $8.6B 59.5% ▲ 6.0%
United States $4.2B 29.0% ▼ 1.1%
China $1.6B 11.4% ▼ 14.0%

From Otis Worldwide's 10-K filed February 5, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Industrial Machinery & Supplies & Components: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Otis Worldwide $15.13bn 5.8% 2.6%
Stanley Black & Decker $15.25bn 0.6% -2.0%
Illinois Tool Works $16.65bn 4.8% 1.1%
W. W. Grainger $18.84bn 7.8% 5.6%
Parker Hannifin $21.50bn 8.3% 4.1%
Xylem Inc. $9.06bn 1.9% 10.3%

Compare with peers

Head to head: OTIS vs SWKITW vs OTISGWW vs OTIS

More: Industrial Machinery & Supplies & Components stocks compared, Industrials sector, rankings of US companies

Figures from Otis Worldwide's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Otis Worldwide.