About Otis
Otis is a company based in Farmington (United States) founded in 1853. It operates as a Direct-to-Consumer (D2C) and Managed Services. The company has 72,000 employees as of December 31, 2024. Otis has completed 3 acquisitions, including Bay State Elevator, Melco Elevadores do Brasil and WeMaintain. Otis offers products and services including Elevators, Escalators & Moving Walks, Otis Signature Service™, and Modernisation & Upgrades.
- Headquarter Farmington, United States
- Employees 72000 as on 31 Dec, 2024
- Stage Public
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Sectors
Business Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Otis Worldwide Corporation
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Annual Revenue
$14.43 B (USD)1.19as on Dec 31, 2025
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Net Profit
$1.38 B (USD)-15.87as on Dec 31, 2025
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EBITDA
$2.31 B (USD)-6.45as on Dec 31, 2025
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Latest Funding Round
$782.4 K (USD), Grant
Sep 06, 2023
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Investors
European Union
& 1 more
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Employee Count
72000
as on Dec 31, 2024
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Investments & Acquisitions
Bay State Elevator
& 2 more
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IPO & Listings of Otis
Otis is a publicly listed company on the NYSE with ticker symbol OTIS in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Otis
Otis offers a comprehensive portfolio of products and services, including Elevators, Escalators & Moving Walks, Otis Signature Service™, and Modernisation & Upgrades.
Elevators are manufactured for various building heights.
Escalators and walks are provided for public spaces.
Maintenance services are offered for elevator systems.
Upgrades are provided for existing elevator systems.
People of Otis
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Software Development Team
152 people
Sales and Marketing
87 people
Leadership Team
76 people
Human Resources and Administration
44 people
Finance and Accounting
42 people
Product Management Team
38 people
Operations Team
37 people
Senior Team
34 people
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Funding Insights of Otis
Investors in Otis
Otis has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Portál veřejné správy.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked | |
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A digital platform for public administration services in Czech Republic.
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Locked | Locked | Locked |
Investor details for Otis
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Otis
Otis has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bay State Elevator, Melco Elevadores do Brasil and WeMaintain.
Investment portfolio details for Otis
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Elevator maintenance, repair, and spare parts are supplied for buildings.
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Locked | Locked | 2017 | Locked | |
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Elevator manufacturing services are provided in Brazil.
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Locked | Locked | 2006 | Locked | |
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Provider of elevator installation & maintenance services
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Locked | Locked | 1908 | Locked |
Complete acquisition details for Otis
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Otis
Detailed financials for Otis
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Otis Comparisons
Peer comparison for Otis
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Otis
Detailed competitors of Otis
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- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Otis
Complete news archive for Otis
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Frequently Asked Questions about Otis
Otis was founded in 1853 and raised its 1st funding round 161 years after it was founded.
Otis is headquartered in Farmington, United States.
Judy Marks is the current CEO of Otis.
As of Dec 31, 2024, the latest employee count at Otis is 72,000.
Annual revenue of Otis is $14.43B as on Dec 31, 2025.
Otis is established as a global leader in the manufacturing, installation, and servicing of elevators and escalators. Operations are conducted across various sectors including residential, retail, office, hospital, hotel, multi-use buildings, and infrastructure such as airports and railways. Solutions are provided for low-rise, mid-rise, and high-rise buildings with tailored products and modernization services. Maintenance is offered through programs like Otis Signature Service and Otis ONE. The company is present in iconic structures and busy transportation hubs worldwide, ensuring mobility for billions of people daily.
Otis offers Elevators, Escalators & Moving Walks, Otis Signature Service™, and Modernisation & Upgrades.
Yes, Otis is publicly traded on NYSE under the ticker symbol OTIS.
Otis has made 3 acquisitions, including Bay State Elevator, Melco Elevadores do Brasil, and WeMaintain.
Otis has 2 investors. Key investors include European Union, and Portál veřejné správy.
The ticker symbol of Otis is OTIS on NYSE.