Otis Worldwide Corp (OTIS)

Sector: Industrials
Industry: Electronic & Other Electrical Equipment (No Computer Equip)
Country: United States
Exchange: NYSE
Market cap: $26.15B

Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Latest financial period: June 30, 2026
Filed with the SEC: July 23, 2026
Estimated earnings date: November 4, 2026

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