Otis Worldwide Corp

More Details of Otis Worldwide Corp Company

Otis Worldwide Corporation is an elevator and escalator manufacturing, installation and service company. The Company’s segments include New Equipment and Service. The New Equipment segment designs, manufactures, sells and installs a range of passenger and freight elevators, and escalators and moving walkways for residential, commercial and infrastructure projects. Its elevator and escalator solutions include Gen2, Gen3, Gen360 and SkyRise. Through its Service segment, it performs maintenance and repair services, and modernization services to upgrade elevators and escalators. Through its network of service sales personnel, it sells its services directly to customers in all significant elevator and escalator verticals around the world. It serves customers in over 200 countries and territories around the world. The SkyRise advanced elevator platform combines cutting-edge technologies and precision engineering to deliver solutions for residential, commercial and mixed-use skyscrapers.

Company Info

Ticker SymbolOTIS

Company nameOtis Worldwide Corp

IPO dateMar 18, 2020

Founded at2019

CEOMs. Judith Fran (Judy) Marks

Number of employees72000

Security typeOrdinary Share

Fiscal year-endMar 18

Address1 Carrier Place

CityFARMINGTON

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code06032

Phone18002336847

Websitehttps://www.otis.com/

Ticker SymbolOTIS

IPO dateMar 18, 2020

Founded at2019

Company Executives

Name

Name/Position

Position

Shareholding

Change

Ms. Judith Fran (Judy) Marks

Chairman of the Board, President, Chief Executive Officer

150.47K

-14.20%

Mr. Stephane de Montlivault

President - Otis Asia Pacific

63.93K

-4.54%

Mr. Christopher J. (Chris) Kearney, J.D.

Independent Director

22.23K

+0.09%

Ms. Tracy A. Embree

President - Otis Americas

18.28K

+10.63%

Ms. Abbe Luersman

Executive Vice President, Chief People Officer

17.29K

+73.07%

Mr. Neil Green

Executive Vice President, Chief Digital Officer

9.75K

+48.82%

Mr. Peiming (Perry) Zheng

Executive Vice President, Chief Product, Delivery and Customer Officer

6.80K

-1.41%

Ms. Cristina Mendez

Chief Financial Officer, Executive Vice President

3.29K

+18.32%

Mr. Michael Patrick (Mike) Ryan

Senior Vice President, Chief Accounting Officer

2.36K

+404.27%

Mr. Thomas A. (Tom) Bartlett

Independent Director

431.00

--

Name

Name/Position

Position

Shareholding

Change

Ms. Judith Fran (Judy) Marks

Chairman of the Board, President, Chief Executive Officer

150.47K

-14.20%

Mr. Stephane de Montlivault

President - Otis Asia Pacific

63.93K

-4.54%

Mr. Christopher J. (Chris) Kearney, J.D.

Independent Director

22.23K

+0.09%

Ms. Tracy A. Embree

President - Otis Americas

18.28K

+10.63%

Ms. Abbe Luersman

Executive Vice President, Chief People Officer

17.29K

+73.07%

Mr. Neil Green

Executive Vice President, Chief Digital Officer

9.75K

+48.82%

Revenue Breakdown

Currency: USDUpdated: 17 hours ago

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

By BusinessUSD

Name

Revenue

Proportion

Service Maintenance And Repair

2.19B

65.28%

Product

1.16B

34.72%

New Equipment

1.16B

34.72%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Service Maintenance And Repair

2.19B

65.28%

Product

1.16B

34.72%

New Equipment

1.16B

34.72%

Shareholding Stats

Updated: Tue, May 13

Shareholders

Shareholder Types

Shareholders

Proportion

The Vanguard Group, Inc.

11.76%

JP Morgan Asset Management

6.22%

BlackRock Institutional Trust Company, N.A.

5.06%

AllianceBernstein L.P.

4.76%

State Street Global Advisors (US)

4.06%

Other

68.14%

Shareholders

Proportion

The Vanguard Group, Inc.

11.76%

JP Morgan Asset Management

6.22%

BlackRock Institutional Trust Company, N.A.

5.06%

AllianceBernstein L.P.

4.76%

State Street Global Advisors (US)

4.06%

Other

68.14%

Shareholder Types

Shareholders

Proportion

Investment Advisor/Hedge Fund

43.34%

Investment Advisor

38.81%

Pension Fund

2.64%

Bank and Trust

2.56%

Research Firm

2.49%

Sovereign Wealth Fund

1.92%

Hedge Fund

0.97%

Insurance Company

0.39%

Individual Investor

0.09%

Other

6.79%

Institutional Shareholding

Updated: Tue, Jul 1

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q2

2179

368.02M

93.24%

-12.35M

2025Q1

2244

369.06M

93.50%

-12.36M

2024Q4

2211

374.38M

94.40%

-7.33M

2024Q3

2139

371.45M

92.72%

-3.87M

2024Q2

2135

365.33M

90.36%

-5.72M

2024Q1

2130

362.21M

89.58%

-19.19M

2023Q4

2146

369.56M

90.30%

-16.71M

2023Q3

2121

369.87M

89.83%

-14.65M

2023Q2

2129

370.54M

89.66%

-15.52M

2023Q1

2137

371.61M

89.91%

-12.29M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

46.42M

11.76%

+1.59M

+3.55%

Mar 31, 2025

JP Morgan Asset Management

24.56M

6.22%

+1.67M

+7.29%

Mar 31, 2025

BlackRock Institutional Trust Company, N.A.

19.99M

5.06%

-537.00

-0.00%

Mar 31, 2025

AllianceBernstein L.P.

18.77M

4.76%

-1.00M

-5.07%

Mar 31, 2025

State Street Global Advisors (US)

16.01M

4.06%

-49.25K

-0.31%

Mar 31, 2025

Geode Capital Management, L.L.C.

10.54M

2.67%

-583.07K

-5.24%

Mar 31, 2025

Morgan Stanley Investment Management Ltd. (UK)

8.29M

2.1%

+940.76K

+12.81%

Mar 31, 2025

Putnam Investment Management, L.L.C.

7.55M

1.91%

-10.60K

-0.14%

Mar 31, 2025

Norges Bank Investment Management (NBIM)

7.02M

1.78%

-255.38K

-3.51%

Dec 31, 2024

MFS Investment Management

6.67M

1.69%

-413.97K

-5.84%

Mar 31, 2025

Related ETFs

Updated: Wed, Jul 2

Name

Proportion

AdvisorShares Focused Equity ETF

4.16%

Brookstone Value Stock ETF

3.4%

GMO US Quality ETF

2.4%

First Trust S&P 500 Economic Moat Index ETF

1.99%

Invesco Bloomberg Pricing Power ETF

1.96%

VanEck Morningstar Wide Moat Growth ETF

1.8%

WisdomTree US AI Enhanced Value Fund

1.41%

VanEck Morningstar ESG Moat ETF

1.3%

Eventide US Market ETF

1.26%

Timothy Plan High Dividend Stock ETF

1.23%

AdvisorShares Focused Equity ETF

Proportion4.16%

Brookstone Value Stock ETF

Proportion3.4%

GMO US Quality ETF

Proportion2.4%

First Trust S&P 500 Economic Moat Index ETF

Proportion1.99%

Invesco Bloomberg Pricing Power ETF

Proportion1.96%

VanEck Morningstar Wide Moat Growth ETF

Proportion1.8%

WisdomTree US AI Enhanced Value Fund

Proportion1.41%

VanEck Morningstar ESG Moat ETF

Proportion1.3%

Eventide US Market ETF

Proportion1.26%

Timothy Plan High Dividend Stock ETF

Proportion1.23%

Dividend

A total of 2.26B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Jan 30, 2025

OTIS.NB Interim Cash Dividend of gross USD 0.39 paid on Mar 07, 2025 going ex on Feb 14, 2025

Feb 14, 2025

Mar 07, 2025

Feb 14, 2025

Oct 31, 2024

OTIS.NB Final Cash Dividend of gross USD 0.39 paid on Dec 06, 2024 going ex on Nov 15, 2024

Nov 15, 2024

Dec 06, 2024

Nov 15, 2024

Jul 25, 2024

OTIS.NB Interim Cash Dividend of gross USD 0.39 paid on Sep 06, 2024 going ex on Aug 16, 2024

Aug 16, 2024

Sep 06, 2024

Aug 16, 2024

Apr 23, 2024

OTIS.NB Interim Cash Dividend of gross USD 0.39 paid on Jun 07, 2024 going ex on May 16, 2024

May 17, 2024

Jun 07, 2024

May 16, 2024

Feb 01, 2024

OTIS.NB Interim Cash Dividend of gross USD 0.34 paid on Mar 08, 2024 going ex on Feb 15, 2024

Feb 16, 2024

Mar 08, 2024

Feb 15, 2024

Oct 26, 2023

OTIS.NB Final Cash Dividend of gross USD 0.34 paid on Dec 08, 2023 going ex on Nov 16, 2023

Nov 17, 2023

Dec 08, 2023

Nov 16, 2023

Jul 27, 2023

OTIS.NB Interim Cash Dividend of gross USD 0.34 paid on Sep 08, 2023 going ex on Aug 17, 2023

Aug 18, 2023

Sep 08, 2023

Aug 17, 2023

Apr 25, 2023

OTIS.NB Interim Cash Dividend of gross USD 0.34 paid on Jun 09, 2023 going ex on May 18, 2023

May 19, 2023

Jun 09, 2023

May 18, 2023

Feb 02, 2023

OTIS.NB Interim Cash Dividend of gross USD 0.29 paid on Mar 10, 2023 going ex on Feb 16, 2023

Feb 17, 2023

Mar 10, 2023

Feb 16, 2023

Oct 27, 2022

OTIS.NB Final Cash Dividend of gross USD 0.29 paid on Dec 10, 2022 going ex on Nov 17, 2022

Nov 18, 2022

Dec 10, 2022

Nov 17, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

99.770USD

Otis Worldwide Corp

99.770

Overview

Company