Otis Worldwide (OTIS) revenue breakdown

Industrials · Specialty Industrial Machinery · Market cap $24.5B

By segment, Service is the largest at 65% of fiscal 2025 revenue, growing 4% a year over 7 years.

By product, Maintenance and Repair is the largest at 53% of fiscal 2025 revenue; Modernization grew fastest, 5% a year over 7 years.

Revenue by segment

Fiscal years, as Otis Worldwide reports them in its 10-K filings; fiscal 2025 total $14.4B.

Segments20182019202020212022202320242025Share
Service$7.3B$7.5B$7.4B$7.9B$7.8B$8.4B$8.9B$9.4B 65%
New Equipment$5.6B$5.6B$5.4B$6.4B$5.9B$5.8B$5.4B$5.0B 35%

Revenue by product

Fiscal years, as Otis Worldwide reports them in its 10-K filings; fiscal 2025 total $14.4B.

Products20182019202020212022202320242025Share
Maintenance and Repair$6.0B$6.1B$6.0B$6.5B$6.4B$6.9B$7.2B$7.6B 53%
New Equipment$5.6B$5.6B$5.4B$6.4B$5.9B$5.8B$5.4B$5.0B 35%
Modernization$1.3B$1.4B$1.3B$1.4B$1.4B$1.5B$1.7B$1.9B 13%

Revenue by region

Fiscal years, as Otis Worldwide reports them in its 10-K filings; fiscal 2025 total $14.4B.

Regions20182019202020212022202320242025Share
Other$7.6B$7.4B$7.2B$7.7B$7.3B$7.7B$8.1B$8.6B 60%
United States Operations$3.4B$3.6B$3.5B$3.7B$3.8B$4.0B$4.2B$4.2B 29%
China$1.9B$2.1B$2.1B$2.9B$2.6B$2.4B$1.9B$1.6B 11%
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Questions

Where does Otis Worldwide make its money?

In fiscal 2025, by segment: Service $9.4B, New Equipment $5.0B.

From Otis Worldwide's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.