Operating Income for Otis Worldwide (OTIS)
According to Otis Worldwide's latest reported financial statements, the company's current operating income (TTM) is $2.26B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
OTIS
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.26B
YoY change
+6.2%
5Y CAGR
+5.4%
Peak year (2023)
$2.19B
Cumulative operating income
$17.67B
Operating Income history chart for Otis Worldwide (OTIS) from 2017 to 2025
Operating Income history table for Otis Worldwide (OTIS) from 2017 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $2.13B | +6.2% | ||
| 2024 | $2.01B | -8.1% | ||
| 2023 | $2.19B | +7.5% | ||
| 2022 | $2.03B | -3.6% | ||
| 2021 | $2.11B | +28.6% | ||
| 2020 | $1.64B | -9.6% | ||
| 2019 | $1.81B | -1.1% | ||
| 2018 | $1.83B | -4.2% | ||
| 2017 | $1.92B | — |
Operating Income values are taken from Otis Worldwide's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Otis Worldwide (OTIS) operating income totalled $2.13B – grew 6.2% year-over-year.
Through 2020–2025 (5 years), Otis Worldwide operating income delivered a +5.4% annualised rate; with the latest reading among the more recent periods of the dataset.
Otis Worldwide operating income edged down from $2.19B in 2023 to $2.13B in 2025, a 2.4% drawdown.
$2.19B stands as the all-time-high annual operating income, posted in 2023, against a low of $1.64B during 2020.
Otis Worldwide (OTIS) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $8.59B.
Otis Worldwide Operating Income by Year
Otis Worldwide Operating Income 2025: $2.13B
Otis Worldwide operating income in 2025 was $2.13B, grew 6.2% from 2024.
Otis Worldwide Operating Income 2024: $2.01B
Otis Worldwide operating income in 2024 was $2.01B, declined 8.1% below 2023.
Otis Worldwide Operating Income 2023: $2.19B
Otis Worldwide operating income in 2023 was $2.19B, grew 7.5% from 2022. This figure represents the highest annual value in the available history.
Otis Worldwide Operating Income 2022: $2.03B
Otis Worldwide operating income in 2022 was $2.03B, edged down 3.6% below 2021.
Otis Worldwide Operating Income 2021: $2.11B
Otis Worldwide operating income in 2021 was $2.11B.
See more financial history for Otis Worldwide (OTIS).
Sector peers — Operating Income
Companies in the same sector as Otis Worldwide, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Otis Worldwide's operating income?
- Latest reported operating income for Otis Worldwide (OTIS) is $2.26B (period ending March 31, 2026).
How has Otis Worldwide operating income changed year-over-year?
- Otis Worldwide (OTIS) operating income changed +6.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Otis Worldwide operating income?
- Otis Worldwide (OTIS) operating income compound annual growth rate is +5.4% over the most recent 5 years available.
When did Otis Worldwide operating income hit its highest annual value?
- Otis Worldwide operating income reached its highest annual value of $2.19B in 2023.
What was Otis Worldwide operating income in 2024?
- Otis Worldwide (OTIS) operating income in 2024 was $2.01B.
What was Otis Worldwide operating income in 2025?
- Otis Worldwide (OTIS) operating income in 2025 was $2.13B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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