OTIS
Otis Worldwide Corporation

Otis Worldwide CorporationOTIS

Industrials · Specialty Industrial Machinery
78.96USD
-0.67%
Nov 09, 2026
OTIS overview ready
Global Supplier and Servicer of Elevators and Escalators for Infrastructure Modernization
Otis is a global vertical-transportation OEM and aftermarket operator, selling new elevators and escalators while maintaining, repairing, digitally monitoring, and modernizing a large installed base for building owners and facility operators.
Primary theme is improving
Diversified Industrials is improving (+8.5pp vs SPY over 21 sessions; 16 of 24 members ahead of SPY).
Advancing price action
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
Fair valuation
The price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Exposure to construction industry cyclicality.
Market Nov 6Filing Sep 30Price action Nov 8Research Oct 14

Conviction Level

PriceAction10.0BusinessPerformance5.0BusinessQuality8.5Valuation6.0ThemeMomentum7.0Stable — Revenue is growing at a steady pace (+6.1% year over year). Diluted EPS is up 14% year over year at $1.08. That earnings comparison is against a weak year-ago quarter. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+8.5pp
Theme return
+3.5%
Beating SPY
16 of 24
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
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Price Action

Advancing price action
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$30.1B
Avg Volume (60D)
5.0M
60 sessions
Revenue Growth YoY
+1.2%
FY2025 vs FY2024
Gross Margin
+30.0%
Operating Margin
+15.3%
Trailing twelve months
Free Cash Flow Yield
+5.6%
Distance from 200DMA
+4.6%
Next Earnings
2027-01-27
P/E
19.3x
EV / EBITDA
15.0x
EV / Sales
2.5x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Stable

Revenue is growing at a steady pace (+6.1% year over year). Diluted EPS is up 14% year over year at $1.08. That earnings comparison is against a weak year-ago quarter.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthGrowing
+6.1%
$3.91B in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +3.3%
  2. +6.4%
  3. +7.3%
  4. +6.1%
Earnings growthGrowing
+14%
Diluted EPS $1.08 vs $0.95 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. +13%
  2. +43%
  3. +13%
  4. +14%
Operating marginStable
15.8%
-0.0 pp YoY
The comparison is against a weak year-ago quarter

Business Quality

8.5 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

All three valuation perspectives agree this company is fair.
Otis Worldwide Corporation has a Fair valuation stance because the price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.

Company Research

Thesis
Otis is a global vertical-transportation OEM and aftermarket operator, selling new elevators and escalators while maintaining, repairing, digitally monitoring, and modernizing a large installed base for building owners and facility operators. OTIS has direct, recurring exposure to a real modernization cycle in aging building equipment.
Opportunity
Moderate opportunity
Building owners and public-facility operators are upgrading and maintaining aging elevators, escalators, and moving walks to improve safety, code compliance, reliability, uptime, accessibility, and energy efficiency rather than relying solely on new-construction installations.
Key risk
Exposure to construction industry cyclicality.

Economic classification

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Business & Markets

Industrials · Specialty Industrial Machinery
What they do

Otis Worldwide Corporation designs, manufactures, installs, and services elevators, escalators, and moving walkways globally, operating through New Equipment and Service segments.

How it earns

The company generates revenue primarily through transactional sales of new equipment and ongoing service contracts for maintenance, repair, and modernization.

Products & services
Passenger elevators
Freight elevators
Escalators
Moving walkways
Maintenance and modernization services
Customers & end markets
Real-estate and building developers
General contractors
Building owners
Public facility operators
Market position

Otis is a global leader in vertical transportation equipment manufacturing and aftermarket services.

Demand drivers
Medium cyclicality

Demand is influenced by new construction cycles but supported by steady service and modernization needs in existing buildings.