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OTIS Overview

MachineryCompany

Where is OTIS headquartered?

OTIS is headquartered in Farmington, Connecticut.

What is OTIS’s revenue?

OTIS disclosed revenue of 14,261M USD for 2024 and 14,209M USD for 2023.

How many employees does OTIS have?

OTIS has 72,000 employees.

What sector is OTIS in?

OTIS is a machinery company.

When was OTIS founded?

OTIS was founded in 1853.

OTIS

Otis Worldwide Corp.

1 Carrier Place,
Farmington, Connecticut 06032
United States,
(800) 233-6847
www.otis.com

OTIS is a manufacturer and maintainer of people moving products, including elevators, escalators, and moving walkways. OTIS was formed in 1853 and is based in Farmington, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.0/yr) # 5 - - - - - 5
Sell (0.2/yr) # - - - - - 1 1
  6

Company Summary

SECTOR

Machinery

Revenue

14,261   1% 2024
14,209   4% 2023
13,685   5% 2022
14,298   13% 2021
12,756   3% 2020
13,118   2% 2019
12,915   5% 2018
12,323   2017
(millions of USD) Show More Show Less

Employees

72,000

Established

1853

Public

NYSE: OTIS

Former Name

Otis Fensom Elevator Co. Ltd.


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