Craft

Otis

Stock Price

$93.1

2024-05-06

Market Capitalization

$37.6 B

2024-05-06

Revenue

$14.2 B

FY, 2023

Otis Summary

Company Summary

Overview
Otis (also known as Otis Elevator and Otis Worldwide) is a company that specializes in elevator and escalator manufacturing, installation, and servicing. It offers low-rise, mid-rise, and high-rise elevators, escalators and moving walks, destination entry keypads, etc. In addition, the company provides modernization, passenger experience, upgrades and replacements, elevator management, and other services. Otis caters to the residential, retail, office, hospital, hotel, multi-use buildings, and transport infrastructure industries.
Type
Public
Status
Active
Founded
1853
HQ
Farmington, CT, US | view all locations
Website
https://www.otis.com/en/us/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Judith F. Marks

    Judith F. Marks, Chair, Chief Executive Officer and President

  • Abbe Luersman

    Abbe Luersman, Executive Vice President & Chief People Officer

  • Neil Green

    Neil Green, Executive Vice President & Chief Digital Officer

  • Perry Zheng

    Perry Zheng, Executive Vice President, Chief Product, Delivery and Customer Officer

Operating MetricsView all

R&D Centers

11

FY, 2023

Manufacturing Facilities

17

FY, 2023

Remaining Performance Obligations

$18.3M
99.9%

Q1, 2024

LocationsView all

566 locations detected

  • Farmington, CT HQ

    United States

    1 Carrier Pl

  • Aberdeen, SD

    United States

    1 N Main St #222

  • Agawam, MA

    United States

    275 Silver St

  • Akron, OH

    United States

    1450 Firestone Pkwy #A

  • Albany, NY

    United States

    20 Loudonville Rd

  • Albuquerque, NM

    United States

    6701 Edith Blvd NE #C

and 560 others

Otis Financials

Summary Financials

Revenue (Q1, 2024)
$3.4B
Gross profit (Q1, 2024)
$1.0B
Net income (Q1, 2024)
$374.0M
Cash (Q1, 2024)
$884.0M
EBIT (Q1, 2024)
$544.0M
Enterprise value
$43.9B

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