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Otis Worldwide OTIS New Equipment — SG&A

Other segment segments

Service
$324M+14.9%

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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:SellingGeneralAndAdministrativeExpense.

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 — SG&A?
Otis Worldwide (OTIS) reported new equipment — SG&A of $129M in Q1 2026.
How has Otis Worldwide's new equipment — SG&A changed year-over-year?
Otis Worldwide's new equipment — SG&A increased by 17.3% year-over-year, from $110M to $129M.
What is the long-term trend for Otis Worldwide's new equipment — SG&A?
Over 3 years (2022 to 2025), Otis Worldwide's new equipment — SG&A has grown at a 4.1% compound annual growth rate (CAGR), from $430M to $485M.
What does new equipment — SG&A mean?
Covers the overhead costs for the New Equipment segment, including sales commissions, marketing, administrative salaries, and office expenses. It reflects the operational cost of supporting the sales and management functions of the business unit.