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OTIS - Otis Worldwide Corporation


OTIS Stock Chart

OTIS Profile

Otis Worldwide Corporation logo

Otis Worldwide Corporation is a leading global provider in the elevator and escalator industry, renowned for its manufacturing, installation, and service operations across the United States, China, and beyond. Organized into two primary segments, the company excels in both New Equipment and Service offerings. In the New Equipment sector, Otis designs, manufactures, and installs a comprehensive range of passenger and freight elevators, escalators, and moving walkways. These solutions cater to diverse needs, from residential buildings to large-scale commercial projects and essential infrastructure.

Complementing its manufacturing prowess, Otis's Service segment stands out for its extensive maintenance, repair, and modernization services. These critical services ensure the ongoing functionality and safety of elevators and escalators installed worldwide. With a robust network encompassing approximately 34,000 service mechanics operating from over 1,400 branches and offices, Otis remains committed to delivering exceptional service and support to its global clientele.

Founded in 1853 and headquartered in Farmington, Connecticut, Otis has a rich legacy of innovation and reliability in the vertical transportation industry. Beyond its core operations, the company continues to drive advancements in elevator technology and customer service, reaffirming its position as a trusted partner in enhancing urban mobility and building efficiency worldwide.

OTIS Revenue Chart

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