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Other financials

Income statement

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Revenue$3.9B+7.3%
Operating income$575.0M+5.1%
EPS (diluted)$1.12+13.1%

Balance sheet

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Cash & equivalents$849.0M+20.8%
Total debt$7.7B-3.9%
Total equity-$5.7B-7.1%
Total assets$11.2B+6.3%

Cash flow

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Operating cash flow$267.0M+24.2%
CapEx$44.0M+22.2%
Free cash flow$223.0M+24.6%

Valuation

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Market cap$24.55B-32.2%
Enterprise value$31.36B-28.2%
P/E16.2×-10.7×
P/S1.7×-0.9×

Profitability

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Operating margin15.4%+2.3pp
Net margin10.2%-0.5pp
FCF margin11.5%+2.0pp

Returns & leverage

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Return on equity60.1%—
Debt / equity0.3×—
Current ratio0.8×0.0×

Where this comes from

Reported directly by Otis Worldwide in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Otis Worldwide’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001781335-26-000113
(dollars in millions, except per share amounts; shares in millions)Quarter Ended June 30, 2026Quarter Ended June 30, 2025
Income tax expense (benefit)9898
Net income449423
Less: Noncontrolling interest in subsidiaries' earnings2130
Net income attributable to Otis Worldwide Corporation$428$393
Earnings per share (Note 2):
Basic$1.12$1.00
Diluted$1.12$0.99
Weighted average number of shares outstanding:

Item 1. Financial Statements

FAQ

What is Otis Worldwide's net income?
Otis Worldwide (OTIS) reported net income of $428M in Q2 2026.
How has Otis Worldwide's net income changed year-over-year?
Otis Worldwide's net income increased by 8.9% year-over-year, from $393M to $428M.
What is the long-term trend for Otis Worldwide's net income?
Over 4 years (2021 to 2025), Otis Worldwide's net income has grown at a 2.7% compound annual growth rate (CAGR), from $1.25B to $1.38B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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