TTM
$1.48B
YoY change
-15.9%
5Y CAGR
+8.8%
Peak year (2024)
$1.65B
Cumulative net income
$10.98B
Net Income history chart for Otis Worldwide (OTIS) from 2017 to 2025
Latest: $1.38B
Net Income growth chart for Otis Worldwide (OTIS) from 2017 to 2025
Latest: -15.9%
Net Income history table for Otis Worldwide (OTIS) from 2017 to 2025
| 2025 | $1.38B | -15.9% | −$261.00M | ||
| 2024 | $1.65B | +17.0% | +$239.00M | ||
| 2023 | $1.41B | +12.2% | +$153.00M | ||
| 2022 | $1.25B | +0.6% | +$7.00M | ||
| 2021 | $1.25B | +37.5% | +$340.00M | ||
| 2020 | $906.00M | -18.8% | −$210.00M | ||
| 2019 | $1.12B | +6.4% | +$67.00M | ||
| 2018 | $1.05B | +64.9% | +$413.00M | ||
| 2017 | $636.00M | — | — |
- 2025$1.38B-15.9%
- 2024$1.65B+17.0%
- 2023$1.41B+12.2%
- 2022$1.25B+0.6%
- 2021$1.25B+37.5%
- 2020$906.00M-18.8%
- 2019$1.12B+6.4%
- 2018$1.05B+64.9%
- 2017$636.00M—
Net Income 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 Net Income at Otis Worldwide (OTIS)
According to Otis Worldwide's latest reported financial statements, the company's current net income (TTM) is $1.48B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Otis Worldwide (OTIS) reported net income of $1.38B – declined 15.9% year-over-year.
Over 2020–2025 (5 years), Otis Worldwide net income expanded at a +8.8% compound annual rate, with mixed annual results across the window.
Between 2024 and 2025, Otis Worldwide net income declined 15.9%, falling from $1.65B to $1.38B.
2024 marks the peak net income at $1.65B, with the historical low of $636.00M recorded in 2017.
Otis Worldwide Net Income by Year
Otis Worldwide Net Income 2025: $1.38B
Otis Worldwide posted net income of $1.38B in 2025, declined 15.9% below 2024.
Otis Worldwide Net Income 2024: $1.65B
In 2024, Otis Worldwide reported net income of $1.65B, grew 17.0% from 2023. This figure represents the highest annual value in the available history.
Otis Worldwide Net Income 2023: $1.41B
Otis Worldwide net income in 2023 was $1.41B, grew 12.2% from 2022.
Otis Worldwide Net Income 2022: $1.25B
2022's net income for Otis Worldwide came in at $1.25B, edged up 0.6% from 2021.
Otis Worldwide Net Income 2021: $1.25B
Otis Worldwide net income in 2021 was $1.25B.
See more financial history for Otis Worldwide (OTIS).
Sector peers by Net Income
Industrials peers of Otis Worldwide (OTIS), ranked by their latest net income
| $8.87B | |
| $8.70B | |
| $7.14B | |
| $6.73B | |
| $5.03B | |
| $4.09B | |
| $2.23B | |
| −$4.94B |
- $8.87B
- $8.70B
- $7.14B
- $6.73B
- $5.03B
- $4.09B
- $2.23B
- −$4.94B
Frequently asked questions
Otis Worldwide (OTIS) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation