
About Otis
Otis is a publicly listed company based in Farmington (United States) founded in 1853. Elevators, escalators, and moving walkways are manufactured, installed, and serviced. It operates on a Direct-to-Consumer (D2C) and Managed Services model. The company has 72,000 employees. Otis has completed 3 acquisitions, including Bay State Elevator, Melco Elevadores do Brasil and WeMaintain. Its chief executive, as recorded, is Judy Marks. Its website otis.com draws about 357 thousand monthly visits. Otis offers products and services including Elevators, Escalators & Moving Walks, Otis Signature Serviceâ„¢, and Modernisation & Upgrades. Its focus areas include Industrials, Machinery and Elevator Manufacturing. Its legal entity is Otis Elevator Company (I). Ltd.
Company details
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.
- Headquarters Farmington, United States
- Employees 72,000
- Stage Public
- SectorsBusiness Services
- Website category Heavy Industry and Engineering · Construction and Maintenance
- Phone•••• ••••
- Website otis.com/en/us
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Otis Worldwide Corporation
- Annual Revenue$14.43 B (USD)1.19as on Dec 31, 2025
- Net Profit$1.38 B (USD)-15.87as on Dec 31, 2025
- EBITDA$2.52 B (USD)2.11as on Dec 31, 2025
- Latest Funding Round$782.4K (USD), Grant
Sep 2023
- InvestorsEuropean Union
& 1 more
- Employee Count72,000
- Investments & AcquisitionsBay State Elevator
& 2 more
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.
Apps and channels of Otis
its YouTube channel Otis Elevator Co. has 47.3K subscribers and 30 videos.
Videos from Otis
The most watched videos on Otis's YouTube channel, Otis Elevator Co. (47.3K subscribers). Click a video to play it here.
More on Otis Elevator Co..
Funding Insights of Otis
- Total Rounds 9
- Last Round Grant — $782,401
- First Round $63,467
(Dec 2014)
- Investors Count 2
All 9 funding rounds of Otis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $782,401 | Grant | – | – | |
| Mar 2023 | $17,959 | Grant | – | – | |
| Oct 2021 | $684,342 | Grant | – | – | |
| Jan 2020 | $717,477 | Grant | – | – | |
| Dec 2018 | $492,305 | Grant | – | – | |
| Jan 2018 | $819,731 | Grant | – | – | |
| Jan 2017 | $1.11M | Grant | – | – | |
| Jul 2016 | $910,864 | Grant | – | – | |
| Dec 2014 | $63,467 | Grant | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
A digital platform for public administration services in Czech Republic. | gov.cz | Czech Republic |
Investor details for Otis
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People of Otis
665 people are tracked at Otis (255 in leadership, 410 in team); the tracked headcount is 72,000.
| Name | Role | Group |
|---|---|---|
Kim Gosk | Chief People Officier | Leadership |
Judy Marks | CEO | Leadership |
Anonymous | President, Otis EMEA and Latin America | Leadership |
Sven Frostad | Market Group Digital Technology Lead & Business Partner, UK & Nordics | Leadership |
Sally Loh | President, Otis China | Leadership |
Steve Naphtali | CFO Central Europe | Leadership |
Michael Ryan | Senior Vice President And Chief Accounting Officer | Leadership |
Onur Artıkoğlu | New Equipment Sales & Marketing Director, Asia Pacific | Leadership |
Erin Hatfield | Senior Director, Total Rewards Governance & Strategy | Leadership |
Cristina Méndez | EVP & CFO | Leadership |
Sameer Kela | Senior Vice President, Chief Financial And Transformation Officer, Asia Pacific | Leadership |
Tammi Girard | Senior Vice President, Finance Transformation | Leadership |
Moustafa Mahmoud | Director | Leadership |
Perry Zheng | Executive Vice President, Chief Product, Delivery And Customer Officer | Leadership |
Mitesh Mittal | Vp, Manufacturing, APAC | Leadership |
Stéphane De Montlivault | President, Otis Asia Pacific | Leadership |
Bernardo Calleja Fernández | Former Otis Emea President | Leadership |
Yvonne Toh | Chief Financial Officer, SEA | Leadership |
Tyrus Royal | Vice President, Quality Otis Americas & Quality Governance Systems | Leadership |
Khortney H. | Talent Acquisition Business Partner- Early Career, University Relations, & Diversity Events | Leadership |
645 more people are available in the full profile.
Complete people profiles for Otis
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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.
- IPO date19 Mar 2020
- Listed onNYSE: OTIS
- Listed entityOtis Worldwide Corporation
- Exchange sectorIndustrial services
- ISINUS68902V1070
- Share price$67.68 (+1.39% on the day) · 2026-10-13
- Market capitalisation$25.76B
- Price to earnings17.4
- EPS (diluted, trailing year)$3.90
- Dividend yield2.58%
- Volume (last session)6,407,911
Financials of Otis
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $14.43B | $1.38B | $2.52B |
| 2024 | $14.26B | $1.65B | $2.47B |
| 2023 | $14.21B | $1.41B | $2.42B |
| 2022 | $13.69B | $1.25B | $2.27B |
| 2021 | $14.30B | $1.25B | $2.38B |
Detailed financial statements for Otis
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Elevator maintenance, repair, and spare parts are supplied for buildings. | wemaintain.com | Paris, France | 2017 | Apr 2026 | •••• | |
Provider of elevator installation & maintenance services | baystateelevator.us | Agawam, United States | 1908 | Aug 2020 | •••• | |
Elevator manufacturing services are provided in Brazil. | melcoelevadores.com.br | Guaiba, Brazil | 2006 | Nov 2017 | •••• |
Complete acquisition details for Otis
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Timeline of Otis
7 dated milestones of Otis across 173 years, from founding to its latest funding, stage changes and deals.
- Founded Otis is founded.
- Funding First funding round of $63K.
- Acquisition Acquires Melco Elevadores do Brasil.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Bay State Elevator.
- Funding Latest funding round, Grant, of $782K.
- Acquisition Acquires WeMaintain.
Web traffic of Otis
The website of Otis (otis.com) receives about 357.3K visits a month and ranks #109,285 among all websites worldwide, #799 in Construction and Maintenance.
- Monthly visits357.3K
▼ 0.7% vs previous month
- Unique visitors153.5K
per month
- Global rank#109,285
among all websites
- Category rank#799
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate39%
- Pages per visit4.2
- Average visit4 min 19 sec
- DevicesDesktop 49% · Mobile 51%
Websites whose visitors overlap most with Otis. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| otisworldwide.com | 100% | #12,630,922 | View details | ||
thyssenkruppelevator.com | thyssenkruppelevator.com | 100% | – | ||
us.schindler.com | us.schindler.com | 99% | – | ||
elevatorworld.com | elevatorworld.com | 83% | #573,228 | – | |
hyundaielevator.co.kr | hyundaielevator.co.kr | 82% | #1,032,951 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Otis
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Top companies in Facility & Event Management Services
3 companies that operate in the same segment as Otis (Facility & Event Management Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Live entertainment events and ticketing services are managed worldwide. | 2005 | Beverly Hills, California, United States | USD 25.2 B | 16,200 | ||
Developer, operator, and franchisor of trampoline and active entertainment parks | 2004 | Provo, Utah, United States | 335 | |||
SaaS-based ERP solutions are offered for multiple industries. | 2021 | Columbia, United States |
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Related news about 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 CEO of Otis, as recorded in our data.
Otis has 72,000 employees.
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 Serviceâ„¢, 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.
Otis operates through Otis Elevator Company (I). Ltd..
The website of Otis receives about 357 thousand visits a month and ranks #109,285 among all websites worldwide.
