Otis Worldwide Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $14.43B | $14.27B | $14.21B | $13.69B | $14.30B | $12.76B | $13.12B |
| New Equipment | — | — | $5.32B | $5.62B | $5.55B | $6.23B | $5.65B | $5.65B |
| Service | — | — | $8.95B | $8.59B | $8.14B | $8.07B | $7.11B | $7.46B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | $152.0M | $152.0M | $144.0M | $150.0M | $159.0M | $152.0M | $163.0M |
| SG&A Expense | — | $1.98B | $1.86B | $1.88B | $1.76B | $1.95B | $1.92B | $1.81B |
| Operating Income | — | $2.13B | $2.01B | $2.19B | $2.03B | $2.11B | $1.64B | $1.81B |
| Operating Margin | — | 14.8% | 14.1% | 15.4% | 14.9% | 14.7% | 12.8% | 13.8% |
| Interest Expense | — | $217.0M | $183.0M | $155.0M | $140.0M | $136.0M | $124.0M | $0 |
| Pretax Income | — | $1.93B | $2.04B | $2.03B | $1.89B | $1.96B | $1.51B | $1.86B |
| Income Tax Expense | — | $479.0M | $305.0M | $533.0M | $519.0M | $541.0M | $455.0M | $594.0M |
| Net Income | — | $1.38B | $1.65B | $1.41B | $1.25B | $1.25B | $906.0M | $1.12B |
| Net Margin | — | 9.6% | 11.5% | 9.9% | 9.2% | 8.7% | 7.1% | 8.5% |
| EPS (Basic) | — | $3.52 | $4.10 | $3.42 | $2.98 | $2.91 | $2.09 | $2.55 |
| EPS (Diluted) | — | $3.50 | $4.07 | $3.39 | $2.96 | $2.89 | $2.08 | $2.55 |
| Shares Outstanding (Basic) | 388.7M | 392.8M | 401.7M | 411.4M | 420.0M | 427.7M | 433.2M | 433.1M |
| Shares Outstanding (Diluted) | 388.7M | 394.9M | 404.4M | 414.6M | 423.0M | 431.4M | 434.6M | 433.1M |
| Dividends Per Share | — | $1.65 | $1.51 | $1.31 | $1.11 | $0.92 | $0.60 | $0.00 |