Revenue for Otis Worldwide (OTIS)
According to Otis Worldwide's latest reported financial statements, the company's current revenue (TTM) is $14.65B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
OTIS
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TTM (last 4 quarters)
$14.65B
YoY change
+1.2%
5Y CAGR
+2.5%
Peak year (2025)
$14.43B
Cumulative revenue
$122.00B
Revenue history chart for Otis Worldwide (OTIS) from 2017 to 2025
Revenue history table for Otis Worldwide (OTIS) from 2017 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $14.43B | +1.2% | ||
| 2024 | $14.26B | +0.4% | ||
| 2023 | $14.21B | +3.8% | ||
| 2022 | $13.69B | -4.3% | ||
| 2021 | $14.30B | +12.1% | ||
| 2020 | $12.76B | -2.8% | ||
| 2019 | $13.12B | +1.6% | ||
| 2018 | $12.91B | +4.8% | ||
| 2017 | $12.32B | — |
Revenue 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
2025's annual revenue for Otis Worldwide (OTIS) came in at $14.43B – edged up 1.2% year-over-year.
Otis Worldwide revenue has grown for 3 consecutive years, with a +2.5% compound annual growth rate over 2020–2025 (5 years).
The highest annual revenue of $14.43B was reported in 2025. The lowest in the available history was $12.32B in 2017.
Otis Worldwide (OTIS) sits 9th of 8 Industrials peers we track on this metric, against a peer median of $45.26B.
Otis Worldwide Revenue by Year
Otis Worldwide Revenue 2025: $14.43B
Otis Worldwide revenue in 2025 was $14.43B, edged up 1.2% from 2024. This figure represents the highest annual value in the available history.
Otis Worldwide Revenue 2024: $14.26B
Otis Worldwide revenue in 2024 was $14.26B, edged up 0.4% from 2023.
Otis Worldwide Revenue 2023: $14.21B
Otis Worldwide revenue in 2023 was $14.21B, edged up 3.8% from 2022.
Otis Worldwide Revenue 2022: $13.69B
Otis Worldwide revenue in 2022 was $13.69B, edged down 4.3% below 2021.
Otis Worldwide Revenue 2021: $14.30B
Otis Worldwide revenue in 2021 was $14.30B.
See more financial history for Otis Worldwide (OTIS).
Sector peers — Revenue
Companies in the same sector as Otis Worldwide, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| The Boeing Company (BA) | $89.46B | Industrials |
| RTX Corporation (RTX) | $88.60B | Industrials |
| Caterpillar Inc. (CAT) | $67.59B | Industrials |
| GE Aerospace (GE) | $45.85B | Industrials |
| Deere & Company (DE) | $44.66B | Industrials |
| Honeywell International Inc. (HON) | $37.44B | Industrials |
| Eaton Corporation plc (ETN) | $27.45B | Industrials |
| Union Pacific Corporation (UNP) | $24.51B | Industrials |
Frequently asked questions
What is Otis Worldwide's revenue?
- Latest reported revenue for Otis Worldwide (OTIS) is $14.65B (period ending March 31, 2026).
How has Otis Worldwide revenue changed year-over-year?
- Otis Worldwide (OTIS) revenue changed +1.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Otis Worldwide revenue?
- Otis Worldwide (OTIS) revenue compound annual growth rate is +2.5% over the most recent 5 years available.
When did Otis Worldwide revenue hit its highest annual value?
- Otis Worldwide revenue reached its highest annual value of $14.43B in 2025.
What was Otis Worldwide revenue in 2024?
- Otis Worldwide (OTIS) revenue in 2024 was $14.26B.
What was Otis Worldwide revenue in 2025?
- Otis Worldwide (OTIS) revenue in 2025 was $14.43B.
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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OTIS Overview
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