Otis Worldwide (OTIS) Stock Buyback History
TTM buyback yield 3.20% · Shareholder yield (TTM) 3.20%.
OTIS
TTM buyback yield
3.20%
Shareholder yield (TTM)
3.20%
5Y share count change
-9.4%
TTM buyback spend
$956.00M
SBC coverage (TTM)
26.56x
YoY change in spend
-19.7%
5Y CAGR of spend
N/A
Peak year (2024)
$1.01B
Cumulative spend
$4.19B
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Otis Worldwide (OTIS) repurchased about $956.00M of stock over the trailing twelve months.
- Diluted share count is down 9.4% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 26.56× — repurchases more than cover SBC dilution.
- TTM repurchases used about 94% of free cash flow remaining after dividends.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $809.00M | $80.00M | $729.00M | 0.39B | -2.6% | 2.35% |
| 2024 | $1.01B | $0.00 | $1.01B | 0.40B | -2.5% | 2.73% |
| 2023 | $800.00M | $0.00 | $800.00M | 0.41B | -2.0% | 2.19% |
| 2022 | $850.00M | $0.00 | $850.00M | 0.42B | -1.9% | 2.61% |
| 2021 | $725.00M | $0.00 | $725.00M | 0.43B | -0.7% | 1.96% |
| 2020 | $0.00 | $0.00 | $0.00 | 0.43B | 0.3% | — |
| 2019 | $0.00 | $0.00 | $0.00 | 0.43B | 0.0% | — |
| 2018 | $0.00 | $0.00 | $0.00 | 0.43B | -0.8% | — |
| 2017 | $0.00 | $0.00 | $0.00 | 0.44B | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Otis Worldwide (OTIS) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Otis Worldwide (OTIS)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Otis Worldwide (OTIS)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $809.00M | -19.7% | -$198.00M | ||
| 2024 | $1.01B | +25.9% | +$207.00M | ||
| 2023 | $800.00M | -5.9% | -$50.00M | ||
| 2022 | $850.00M | +17.2% | +$125.00M | ||
| 2021 | $725.00M | — | +$725.00M | ||
| 2020 | $0 | — | $0 | ||
| 2019 | $0 | — | $0 | ||
| 2018 | $0 | — | $0 | ||
| 2017 | $0 | — | — |
2025's annual buyback spend for Otis Worldwide (OTIS) came in at $809.00M – declined 19.7% year-over-year.
Otis Worldwide buyback spend peaked at $1.01B in 2024; the latest annual figure is $809.00M in 2025 (19.7% below peak).
The highest annual buyback spend of $1.01B was reported in 2024. The lowest in the available history was $0 in 2017.
Among 8 Industrials peers, Otis Worldwide (OTIS) ranks 7th; the peer median for buyback spend is $2.27B.
Otis Worldwide Buyback Spend 2025: $809.00M
Otis Worldwide buyback spend in 2025 was $809.00M, declined 19.7% below 2024.
Otis Worldwide Buyback Spend 2024: $1.01B
Otis Worldwide buyback spend in 2024 was $1.01B, grew 25.9% from 2023. This figure represents the highest annual value in the available history.
Otis Worldwide Buyback Spend 2023: $800.00M
Otis Worldwide buyback spend in 2023 was $800.00M, declined 5.9% below 2022.
Otis Worldwide Buyback Spend 2022: $850.00M
Otis Worldwide buyback spend in 2022 was $850.00M, grew 17.2% from 2021.
Otis Worldwide Buyback Spend 2021: $725.00M
Otis Worldwide buyback spend in 2021 was $725.00M.
See more financial history for Otis Worldwide (OTIS).
Sector peers by buyback spend
Companies in the same sector as Otis Worldwide, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| GE Aerospace (GE) | $7.55B | Industrials |
| Caterpillar (CAT) | $5.19B | Industrials |
| Honeywell International (HON) | $3.80B | Industrials |
| Union Pacific (UNP) | $2.68B | Industrials |
| Eaton Corporation (ETN) | $1.86B | Industrials |
| Deere & Company (DE) | $1.14B | Industrials |
| RTX (RTX) | $50.00M | Industrials |
| Boeing (BA) | $0 | Industrials |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 26.56×.
Capital allocation mix
How Otis Worldwide splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $1.01B (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Otis Worldwide's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Otis Worldwide buy back its own stock?
Yes, Otis Worldwide (OTIS) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Otis Worldwide spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $956.00M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Otis Worldwide's buyback yield?
TTM buyback yield is about 3.20% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Otis Worldwide's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 3.20% combined (TTM-based where available).
Is Otis Worldwide diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Otis Worldwide's share count changed?
Diluted weighted average shares changed by about -9.4% over roughly five fiscal years (annual income statement data).
What is Otis Worldwide's buyback spend?
Latest reported buyback spend for Otis Worldwide (OTIS) is $956.00M (period ending March 31, 2026).
How has Otis Worldwide buyback spend changed year-over-year?
Otis Worldwide (OTIS) buyback spend changed -19.7% year-over-year on the latest annual filing.
When did Otis Worldwide buyback spend hit its highest annual value?
Otis Worldwide buyback spend reached its highest annual value of $1.01B in 2024.
What was Otis Worldwide buyback spend in 2024?
Otis Worldwide (OTIS) buyback spend in 2024 was $1.01B.
What was Otis Worldwide buyback spend in 2025?
Otis Worldwide (OTIS) buyback spend in 2025 was $809.00M.
Explore more
OTIS Overview
Company profile, financial tools, and key metrics
OTIS Revenue Counter
Earns $464.45 every second. See per minute, hour, and day.
OTIS Earnings Counter
Earns $46.96 per second net profit. See per minute, hour, and day.
OTIS Economic Scale
Exceeds Rwanda's GDP. Compare with world economies.
OTIS What If Invested
What if you had invested $1,000? See historical returns from any date.
OTIS How It Makes Money
Discover visual breakdown of $14.65B in revenue — where it comes from and where it goes.
OTIS Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
OTIS Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
OTIS Daily Price Character
Steady · 52.7% historical win rate (green days). Streaks & record days.
OTIS Dividend Profile
Yield: 2.39%. Safety: 5/7. See full history.
OTIS Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
OTIS Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
OTIS Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
OTIS Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.