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Otis Worldwide OTIS New Equipment — Net Sales

Other segment segments

Service
$2.42B+10.5%

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$3.16B-0.2%

Other financials

Income statement

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Revenue$3.6B+6.4%
Operating income$539.0M+31.1%
Net income$340.0M+39.9%
EPS (diluted)$0.87+42.6%

Balance sheet

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Cash & equivalents$844.0M-56.2%
Total debt$7.5B+3.3%
Total equity-$5.7B-10.8%
Total assets$10.5B-5.7%

Cash flow

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Operating cash flow$413.0M+117%
CapEx$33.0M-2.9%
Free cash flow$380.0M+144%

Valuation

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Market cap$28.08B-27.0%
Enterprise value$34.76B-24.0%
P/E19×-6.4×
P/S1.9×-0.8×

Profitability

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Operating margin15.4%+2.2pp
Net margin10.1%-0.7pp
FCF margin11.4%+1.1pp

Returns & leverage

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Return on equity60.1%—
Debt / equity0.3×—
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Otis Worldwide in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Otis Worldwide’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Otis Worldwide's new equipment — net sales?
Otis Worldwide (OTIS) reported new equipment — net sales of $1.15B in Q1 2026.
How has Otis Worldwide's new equipment — net sales changed year-over-year?
Otis Worldwide's new equipment — net sales decreased by 1.2% year-over-year, from $1.16B to $1.15B.
What is the long-term trend for Otis Worldwide's new equipment — net sales?
Over 4 years (2021 to 2025), Otis Worldwide's new equipment — net sales has grown at a -6.1% compound annual growth rate (CAGR), from $6.43B to $4.99B.
What does new equipment — net sales mean?
The total revenue generated from the sale and installation of new elevator and escalator units, net of returns, allowances, and discounts. This is the primary top-line metric for the company's growth in the new construction market.