TTM
15.4%
YoY change
+0.70pp
Trough year (2020)
12.8%
Peak year (2017)
15.5%
Latest annual
14.8%
Operating Margin history chart for Otis Worldwide (OTIS) from 2017 to 2025
Latest: 14.8%
Operating Margin change chart for Otis Worldwide (OTIS) from 2017 to 2025
Latest: +0.70pp
Operating Margin history table for Otis Worldwide (OTIS) from 2017 to 2025
| 2025 | 14.8% | +0.70pp | ||
| 2024 | 14.1% | -1.30pp | ||
| 2023 | 15.4% | +0.53pp | ||
| 2022 | 14.9% | +0.11pp | ||
| 2021 | 14.7% | +1.89pp | ||
| 2020 | 12.8% | -0.98pp | ||
| 2019 | 13.8% | -0.38pp | ||
| 2018 | 14.2% | -1.34pp | ||
| 2017 | 15.5% | — |
- 202514.8%+0.70pp
- 202414.1%-1.30pp
- 202315.4%+0.53pp
- 202214.9%+0.11pp
- 202114.7%+1.89pp
- 202012.8%-0.98pp
- 201913.8%-0.38pp
- 201814.2%-1.34pp
- 201715.5%—
Operating Margin 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 Operating Margin at Otis Worldwide (OTIS)
According to Otis Worldwide's latest reported financial statements, the company's latest reported operating margin is 15.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Otis Worldwide (OTIS) operating margin totalled 14.78% – expanded 0.7 percentage points year-over-year.
The highest annual operating margin of 15.55% was reported in 2017. The lowest in the available history was 12.85% in 2020.
Otis Worldwide Operating Margin by Year
Otis Worldwide Operating Margin 2025: 14.8%
2025's operating margin for Otis Worldwide came in at 14.78%, expanded 0.7 percentage points from 2024.
Otis Worldwide Operating Margin 2024: 14.1%
Otis Worldwide posted operating margin of 14.08% in 2024, contracted 1.3 percentage points from 2023.
Otis Worldwide Operating Margin 2023: 15.4%
In 2023, Otis Worldwide reported operating margin of 15.38%, expanded 0.5 percentage points from 2022.
Otis Worldwide Operating Margin 2022: 14.9%
Otis Worldwide operating margin in 2022 was 14.86%, expanded 0.1 percentage points from 2021.
Otis Worldwide Operating Margin 2021: 14.7%
Otis Worldwide operating margin in 2021 was 14.74%.
See more financial history for Otis Worldwide (OTIS).
Sector peers by Operating Margin
Industrials peers of Otis Worldwide (OTIS), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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Otis Worldwide (OTIS) Key Financials
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