Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. It had a network of approximately 34,000 service mechanics operating approximately 1,400 branches and offices. The company was founded in 1853 and is headquartered in Farmington, Connecticut.

Otis Worldwide Corporation

SINGAPORE , Aug. 20, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has been selected by the Land Transport Authority (LTA) to help create a seamless and user-friendly transport experience on the Singapore Mass Rail Transport (MRT)'s new Cross Island Line. Otis will provide 336 heavy-duty and public escalators and moving walkways, together with 186 Gen3™ elevators.

Otis Chosen to Help Connect Singapore on Cross Island Line Phase 1 and Punggol Extension

Otis Worldwide Corp.'s share price has been on a slow decline for much of the year, but signs are emerging that the worst may be over.

Otis stock poised for rebound as analysts see services growth, construction boom: should you buy?

Market volatility from tariffs presents a buying opportunity for quality stocks, especially for long-term investors seeking value in the current dip. Otis Worldwide offers resilience and upside potential, with cost-saving initiatives and a strong dividend, despite near-term headwinds in China and tariffs. U.S. Bancorp remains fundamentally strong, with solid earnings, dividend growth, and upside potential if economic conditions stabilize and rates decline.

2 Dividend Stocks Whose Dips May Be Worth Buying

DUBAI, UAE, Aug. 4, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, will provide and install 76 elevators at the Riverside Crescent project by Sobha Realty - a leading global luxury real estate developer. Otis will install advanced elevator systems including 50 Otis Skyrise®, 12 Otis Arise™ and 14 machine-roomless Otis Gen2® elevators to enhance the living experience for tenants.

Otis and Sobha Realty Continue to Elevate Luxury Living in Dubai

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Top 3 Industrials Stocks You'll Regret Missing In Q3

Otis's resilient service-driven business model generates high-margin, recurring revenue, insulating it from cyclical downturns and justifying premium valuation multiples. Despite a Q2 revenue miss and weak new equipment outlook, service and modernization segments remain strong, with a robust $18.6B backlog supporting future growth. Cost-saving initiatives and pricing power offset tariff impacts, while the company maintains most of its financial outlook, though FCF guidance was trimmed.

Otis: Buying The 14% Dip To Lift My Portfolio

FARMINGTON, Conn. , July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock.

Otis Declares Quarterly Dividend of $0.42 per Share

The Investment Committee share their latest portfolio moves.

Trade Tracker: Otis Worldwide, Cheniere Energy and RTX

OTIS' Q2 earnings miss and revised 2025 outlook triggered a steep sell-off, with persistent headwinds, especially in China and New Equipment segment. Despite near-term volatility from tariffs and weak demand, OTIS' Uplift and China transformation programs should drive cost savings and future profitability. Dividend remains well-covered and buybacks continue, supporting shareholder returns even as free cash flow expectations are lowered.

Otis Worldwide: Headwinds Result In New 52-Week Low. Is Price Decline A Buying Opportunity?

The heavy selling pressure might have exhausted for Otis Worldwide (OTIS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Otis Worldwide (OTIS)

Otis Worldwide Corporation (NYSE:OTIS ) Q2 2025 Earnings Conference Call July 23, 2025 8:30 AM ET Company Participants Robert Quartaro - Vice President of Investor Relations Judith Marks - Chair, President & CEO Cristina Mendez - Executive VP & CFO Conference Call Participants Jeffrey Sprague - Vertical Research Partners, LLC Nigel Coe - Wolfe Research, LLC Nicole DeBlase - Deutsche Bank AG, Research Division C. Stephen Tusa - JPMorgan Chase & Co, Research Division Robert Wertheimer - Melius Research LLC Julian Mitchell - Barclays Bank PLC, Research Division Christopher Snyder - Morgan Stanley, Research Division Joseph O'Dea - Wells Fargo Securities, LLC, Research Division Operator Good morning, and welcome to Otis' Second Quarter 2025 Earnings Conference Call.

Otis Worldwide Corporation (OTIS) Q2 2025 Earnings Call Transcript

The headline numbers for Otis Worldwide (OTIS) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Compared to Estimates, Otis Worldwide (OTIS) Q2 Earnings: A Look at Key Metrics

Otis Worldwide Corporation OTIS reported mixed results in the second quarter of 2025, wherein adjusted earnings surpassed the Zacks Consensus Estimate while net sales missed the same. On a year-over-year basis, the top line and the bottom line tumbled.

Otis Worldwide Q2 Earnings Top, Sales Miss, 2025 Sales View Down

Otis Worldwide (OTIS) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $1.06 per share a year ago.

Otis Worldwide (OTIS) Q2 Earnings Beat Estimates

Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook Second quarter 2025  •  Service net sales up 6% with organic sales up 4%

OTIS REPORTS SECOND QUARTER 2025 RESULTS

OTIS eyes Q2 sales growth on strong service demand, but inflation and weak new equipment volumes are likely to have weighed on margins.

Otis Worldwide to Report Q2 Earnings: Here's What Investors Must Know

Evaluate the expected performance of Otis Worldwide (OTIS) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Unlocking Q2 Potential of Otis Worldwide (OTIS): Exploring Wall Street Estimates for Key Metrics

Otis Worldwide (OTIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Otis Worldwide (OTIS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

I reiterate a Sell rating on Otis Worldwide Corporation, with a fair value of $82 per share, due to a persistently weak growth outlook. Otis faces ongoing headwinds from sluggish China real estate and global housing markets, resulting in declining new equipment sales. Management's optimism on China's recovery appears premature, especially amid continued property price declines and U.S.-China tariff uncertainties.

Otis Worldwide Q2 Preview: Anticipating Weak Equipment Sales

FARMINGTON, Conn. , July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m.

Otis Second Quarter 2025 Earnings Advisory

Real-time stock quote and overview for OTIS