Otis Worldwide Corp.
- OTIS · NYSE
- Electronic & Other Electrical Equipment (No Computer Equip)
- Farmington, CT
- 72,000 employees
- CIK 0001781335
Updated from SEC filings through
Top things to know
Executives
- Judith Fran Marks Chair, CEO and President 4, 2026-02-10
- Echevarria Maria Cristina Mendez EVP & CFO 4, 2026-08-25
- Cristina Méndez Executive Vice President and Chief Financial Officer 10-K, 2026-02-05
- Joseph Jay Armas President, Otis Americas 4, 2026-06-03
- Thibault Pierre Marie Lefebure President, Otis EMEA 4, 2026-05-07
- Tracy Embree Former President, Otis Americas DEF 14A, 2026-04-17
Otis Worldwide Corp is a U.S. public company in electronic & other electrical equipment (no computer equip) (SIC 3600), headquartered in Farmington, CT. It trades as OTIS on NYSE. Revenue was $14.4B in the fiscal year ending December 31, 2025, +1.2% from the year before. It reported about 72,000 employees. Judith Fran Marks is Chair, CEO and President.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $14.4B 10-K, 2026-02-05 | $14.3B 10-K, 2026-02-05 | $14.2B 10-K, 2026-02-05 | $13.7B 10-K, 2025-02-04 | $14.3B 10-K, 2024-02-02 |
| Operating income | $2.1B 10-K, 2026-02-05 | $2.0B 10-K, 2026-02-05 | $2.2B 10-K, 2026-02-05 | $2.0B 10-K, 2025-02-04 | $2.1B 10-K, 2024-02-02 |
| SG&A | $2.0B 10-K, 2026-02-05 | $1.9B 10-K, 2026-02-05 | $1.9B 10-K, 2026-02-05 | $1.8B 10-K, 2025-02-04 | $1.9B 10-K, 2024-02-02 |
| Net income | $1.4B 10-K, 2026-02-05 | $1.6B 10-K, 2026-02-05 | $1.4B 10-K, 2026-02-05 | $1.3B 10-K, 2025-02-04 | $1.2B 10-K, 2024-02-02 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Judith Fran Marks | Chair, CEO and President | 4, 2026-02-10 |
| Echevarria Maria Cristina Mendez | EVP & CFO | 4, 2026-08-25 |
| Cristina Méndez Executive Vice President & Chief Financial Officer at Otis Elevator Co. | Executive Vice President and Chief Financial Officer | 10-K, 2026-02-05 |
| Joseph Jay Armas | President, Otis Americas | 4, 2026-06-03 |
| Thibault Pierre Marie Lefebure | President, Otis EMEA | 4, 2026-05-07 |
| Peiming (Perry) Zheng | Named in proxy bio: Former Executive Vice President & Chief Product, Delivery and Customer Officer | DEF 14A, 2026-04-17 |
| Tracy Embree | Former President, Otis Americas | DEF 14A, 2026-04-17 |
| Nicolas Eduardo Lopez | President, Otis Asia Pacific | 4, 2026-03-03 |
| Sally Loh | President, Otis Greater China | 4, 2026-03-03 |
| Montlivault Stephane de | President, Otis Asia Pacific | 4, 2026-02-13 |
| Viseras Enrique Minarro | EVP & CHIEF OPERATING OFFICER | 4, 2026-02-10 |
| Neil Green | EVP & Chief Digital Officer | 4, 2026-02-10 |
| Peiming Zheng | EVP, Chief Product, Delivery | 4, 2026-02-10 |
| Joseph Armas President, Otis Americas | Chairman | Veteran | President, Otis Americas | 10-K, 2026-02-05 |
| Sally A. Loh President, Otis Greater China | President, Otis China | 10-K, 2026-02-05 |
| Thibault Lefébure President, Otis Europe, Middle-East & Africa (EMEA) | President, Otis EMEA | 10-K, 2026-02-05 |
What Otis Worldwide Corp does
Otis is t he world’s leading elevator and escalator manufacturing, installation, service and modernization company. We serve customers in ov er 200 countries and territories around t he world. Otis has global scale and local focus, with more than 1,400 branc hes and offices, and a direct physical presence in more than 70 co untries.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 380.7 million (as of October 15, 2026) | 10-Q, October 29, 2026 |
|---|---|---|
| Public float | $38.8B (as of June 30, 2025) | 10-K, February 5, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, October 29, 2026 |
| Latest proxy statement | Meeting May 27, 2026 (filed April 17, 2026) | DEF 14A, April 17, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Hartford, Connecticut) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| November 3, 2026 | Joseph Jay Armas President, Otis Americas | Sale | 835 | $65K | Form 4, November 4, 2026 |
| May 7, 2026 | Thibault Pierre Marie Lefebure President, Otis EMEA | Sale | 1,628 | $125K | Form 4, May 7, 2026 |
| February 12, 2026 | Montlivault Stephane de President, Otis Asia Pacific | Sale | 47,944 | $4.4M | Form 4, February 13, 2026 |
| February 10, 2026 | Michael Patrick Ryan SVP, CAO & Controller | Sale | 1,182 | $106K | Form 4, February 10, 2026 |
| February 10, 2026 | Nora E. LaFreniere EVP, General Counsel | Sale | 27,418 | $2.5M | Form 4, February 10, 2026 |
| February 5, 2026 | Judith Fran Marks Chair, CEO and President | Sale | 102,887 | $9.3M | Form 4, February 5, 2026 |
| February 2, 2026 | Neil Green EVP & Chief Digital Officer | Sale | 6,000 | $519K | Form 4, February 3, 2026 |
| November 5, 2025 | Michael Patrick Ryan SVP, CAO & Controller | Sale | 3,028 | $278K | Form 4, November 7, 2025 |
Recent 8-K events
- 8-K filed 2026-11-05
- Item 8.01 Other events
- 8-K filed 2026-10-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-15
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-29
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 8.01 Other events
- 8-K filed 2026-04-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-20
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2025-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Otis Worldwide Corp
- What does Otis Worldwide Corp do?
- In its own words, from Item 1 of its 10-K: "Otis is t he world’s leading elevator and escalator manufacturing, installation, service and modernization company. We serve customers in ov er 200 countries and territories around t he world. Otis has global scale and local focus, with more than 1,400 branc hes and offices, and a direct physical presence in more than 70 co untries."
- What is Otis Worldwide Corp's revenue?
- $14.4B for the fiscal year ending December 31, 2025, from its 10-K filed February 5, 2026.
- Is Otis Worldwide Corp profitable?
- Otis Worldwide Corp reported net income of $1.4B for the fiscal year ending December 31, 2025.
- How many employees does Otis Worldwide Corp have?
- About 72,000 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Otis Worldwide Corp?
- Judith Fran Marks, Chair, CEO and President, as named in a 4 filed February 10, 2026.
- Who is the CFO of Otis Worldwide Corp?
- Echevarria Maria Cristina Mendez, EVP & CFO, as named in a 4 filed August 25, 2026.
- Where is Otis Worldwide Corp headquartered?
- Farmington, CT.
- What is Otis Worldwide Corp's stock ticker?
- OTIS on NYSE.
- What industry is Otis Worldwide Corp in?
- Electronic & Other Electrical Equipment (No Computer Equip), SIC code 3600.
- What is Otis Worldwide Corp's website?
- otisinvestors.com. Investor relations: https://www.otisinvestors.com/.
- When does Otis Worldwide Corp report earnings next?
- January 20, 2027. Source: estimate_8k_pattern.
- Is Otis Worldwide Corp a public company?
- Yes. Otis Worldwide Corp files with the SEC under CIK 0001781335 and trades as OTIS.
- Who audits Otis Worldwide Corp?
- PricewaterhouseCoopers LLP, Hartford, Connecticut, as named in its latest annual report (10-K).
- How many shares of Otis Worldwide Corp are outstanding?
- 380.7 million shares as of October 15, 2026, from its 10-Q filed October 29, 2026.
- What is Otis Worldwide Corp's public float?
- $38.8B as of June 30, 2025, as reported on the cover of its 10-K filed February 5, 2026.
- How many business segments does Otis Worldwide Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed October 29, 2026.
- When is Otis Worldwide Corp's annual shareholder meeting?
- May 27, 2026, per its proxy statement (DEF 14A) filed April 17, 2026.
- Have Otis Worldwide Corp insiders traded stock recently?
- Since November 5, 2025, officers and directors reported 8 open-market sales worth about $17.3M and 0 purchases on Forms 4 and 5. The most recent: Joseph Jay Armas (President, Otis Americas) sold 835 shares on November 3, 2026.