Business Segments · Operating profit
New Equipment — Operating profit
Otis Worldwide New Equipment — Operating profit decreased by 19.1% to $38.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 42.4%, from $66.00M to $38.00M. Over 4 years (FY 2021 to FY 2025), New Equipment — Operating profit shows a downward trend with a -15.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026
Rolls up toOperating Income
How to read this metric
Higher operating profit indicates strong segment performance and effective management of both production and overhead costs.
Detailed definition
The core measure of profitability for the New Equipment segment, calculated as net sales minus cost of sales and operati...
Peer comparison
The primary benchmark for segment-level performance across all public industrial companies.
Metric ID:
otis_segment_new_equipment_operating_profitHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $147.00M | $131.00M | $77.00M | $93.00M | $99.00M | $100.00M | $66.00M | $67.00M | $116.00M | $94.00M | $81.00M | $71.00M | $110.00M | $84.00M | $64.00M | $66.00M | $68.00M | $59.00M | $47.00M | $38.00M |
| QoQ Change | — | -10.9% | -41.2% | +20.8% | +6.5% | +1.0% | -34.0% | +1.5% | +73.1% | -19.0% | -13.8% | -12.3% | +54.9% | -23.6% | -23.8% | +3.1% | +3.0% | -13.2% | -20.3% | -19.1% |
| YoY Change | — | — | — | — | -32.7% | -23.7% | -14.3% | -28.0% | +17.2% | -6.0% | +22.7% | +6.0% | -5.2% | -10.6% | -21.0% | -7.0% | -38.2% | -29.8% | -26.6% | -42.4% |
Range$38.00M – $147.00M
CAGR-24.8%
Avg YoY Growth-15.0%
Median YoY Growth-17.6%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's new equipment — operating profit?
- Otis Worldwide (OTIS) reported new equipment — operating profit of $38.00M in Q1 2026.
- How has Otis Worldwide's new equipment — operating profit changed year-over-year?
- Otis Worldwide's new equipment — operating profit decreased by 42.4% year-over-year, from $66.00M to $38.00M.
- What is the long-term trend for Otis Worldwide's new equipment — operating profit?
- Over 4 years (2021 to 2025), Otis Worldwide's new equipment — operating profit has grown at a -15.0% compound annual growth rate (CAGR), from $459.00M to $240.00M.
- What does new equipment — operating profit mean?
- The profit earned from the new equipment business after accounting for all direct and operating costs.