TTM
$4.45B
YoY change
+2.7%
5Y CAGR
+2.9%
Peak year (2025)
$4.37B
Cumulative gross profit
$37.05B
Gross Profit history chart for Otis Worldwide (OTIS) from 2017 to 2025
Latest: $4.37B
Gross Profit growth chart for Otis Worldwide (OTIS) from 2017 to 2025
Latest: +2.7%
Gross Profit history table for Otis Worldwide (OTIS) from 2017 to 2025
| 2025 | $4.37B | +2.7% | +$113.00M | ||
| 2024 | $4.26B | +1.5% | +$64.00M | ||
| 2023 | $4.19B | +7.0% | +$273.00M | ||
| 2022 | $3.92B | -6.5% | −$273.00M | ||
| 2021 | $4.19B | +11.0% | +$414.00M | ||
| 2020 | $3.78B | -1.2% | −$47.00M | ||
| 2019 | $3.83B | +2.7% | +$100.00M | ||
| 2018 | $3.73B | +0.6% | +$24.00M | ||
| 2017 | $3.70B | — | — |
- 2025$4.37B+2.7%
- 2024$4.26B+1.5%
- 2023$4.19B+7.0%
- 2022$3.92B-6.5%
- 2021$4.19B+11.0%
- 2020$3.78B-1.2%
- 2019$3.83B+2.7%
- 2018$3.73B+0.6%
- 2017$3.70B—
Gross Profit values are taken from Otis Worldwide's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Otis Worldwide (OTIS)
According to Otis Worldwide's latest reported financial statements, the company's current gross profit (TTM) is $4.45B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual gross profit for Otis Worldwide (OTIS) came in at $4.37B – edged up 2.7% year-over-year.
Over 2020–2025 (5 years), Otis Worldwide gross profit expanded at a +2.9% compound annual rate, sustaining 3 straight years of year-over-year growth.
2025 marks the peak gross profit at $4.37B, with the historical low of $3.70B recorded in 2017.
Otis Worldwide Gross Profit by Year
Otis Worldwide Gross Profit 2025: $4.37B
Otis Worldwide posted gross profit of $4.37B in 2025, edged up 2.7% from 2024. This figure represents the highest annual value in the available history.
Otis Worldwide Gross Profit 2024: $4.26B
In 2024, Otis Worldwide reported gross profit of $4.26B, edged up 1.5% from 2023.
Otis Worldwide Gross Profit 2023: $4.19B
Otis Worldwide gross profit in 2023 was $4.19B, grew 7.0% from 2022.
Otis Worldwide Gross Profit 2022: $3.92B
2022's gross profit for Otis Worldwide came in at $3.92B, declined 6.5% below 2021.
Otis Worldwide Gross Profit 2021: $4.19B
Otis Worldwide gross profit in 2021 was $4.19B.
See more financial history for Otis Worldwide (OTIS).
Sector peers by Gross Profit
Industrials peers of Otis Worldwide (OTIS), ranked by their latest gross profit
| $21.86B | |
| $17.79B | |
| $16.89B | |
| $16.30B | |
| $14.55B | |
| $10.32B | |
| $9.22B | |
| $4.29B |
- $21.86B
- $17.79B
- $16.89B
- $16.30B
- $14.55B
- $10.32B
- $9.22B
- $4.29B
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