Otis

Farmington, United States Founded: 1853 • Age: 173 yrs Listed
Elevators, escalators, and moving walkways are manufactured, installed, and serviced.

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
  • Sectors
    Business 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
Key Metrics
  • Annual Revenue
    $14.43 B (USD)
    1.19
    as on Dec 31, 2025
  • Net Profit
    $1.38 B (USD)
    -15.87
    as on Dec 31, 2025
  • EBITDA
    $2.52 B (USD)
    2.11
    as on Dec 31, 2025
  • Latest Funding Round
    $782.4K (USD), Grant

    Sep 2023

  • Investors
  • Employee Count
    72,000
  • Investments & Acquisitions

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
Lifts

Elevators are manufactured for various building heights.

Escalators & Moving Walks
Transportation Systems

Escalators and walks are provided for public spaces.

Otis Signature Service™
Maintenance

Maintenance services are offered for elevator systems.

Modernisation & Upgrades
Upgrades

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.

Otis Elevator Co.
YouTube 47.3K subscribers 30 videos Education
Open channel

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.

Nature Otis 2025: Japan
205.8K views
Inside the Pleyel Tower Modernization with Boris Litty
198K views
5 Years as an Independent, Publicly Traded Company!
178.9K views
Ask the Expert: Space Needle Modernization
172.3K views

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023$782,401Grant––
Mar 2023$17,959Grant––
Oct 2021$684,342Grant––
Jan 2020$717,477Grant––
Dec 2018$492,305Grant––
Jan 2018$819,731Grant––
Jan 2017$1.11MGrant––
Jul 2016$910,864Grant––
Dec 2014$63,467Grant––
Valuation history

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
A digital platform for public administration services in Czech Republic.
gov.czCzech Republic
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Investor details for Otis

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

People of Otis

665 people are tracked at Otis (255 in leadership, 410 in team); the tracked headcount is 72,000.

NameRoleGroup
Kim Gosk
Chief People OfficierLeadership
Judy Marks
CEOLeadership
Anonymous
President, Otis EMEA and Latin AmericaLeadership
Sven Frostad
Market Group Digital Technology Lead & Business Partner, UK & NordicsLeadership
Sally Loh
President, Otis ChinaLeadership
Steve Naphtali
CFO Central EuropeLeadership
Michael Ryan
Senior Vice President And Chief Accounting OfficerLeadership
Onur Artıkoğlu
New Equipment Sales & Marketing Director, Asia PacificLeadership
Erin Hatfield
Senior Director, Total Rewards Governance & StrategyLeadership
Cristina Méndez
EVP & CFOLeadership
Sameer Kela
Senior Vice President, Chief Financial And Transformation Officer, Asia PacificLeadership
Tammi Girard
Senior Vice President, Finance TransformationLeadership
Moustafa Mahmoud
DirectorLeadership
Perry Zheng
Executive Vice President, Chief Product, Delivery And Customer OfficerLeadership
Mitesh Mittal
Vp, Manufacturing, APACLeadership
Stéphane De Montlivault
President, Otis Asia PacificLeadership
Bernardo Calleja Fernández
Former Otis Emea PresidentLeadership
Yvonne Toh
Chief Financial Officer, SEALeadership
Tyrus Royal
Vice President, Quality Otis Americas & Quality Governance SystemsLeadership
Khortney H.
Talent Acquisition Business Partner- Early Career, University Relations, & Diversity EventsLeadership

645 more people are available in the full profile.

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Complete people profiles for Otis

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  • Board tenure
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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

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
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
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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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  • Downloads

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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Elevator maintenance, repair, and spare parts are supplied for buildings.
wemaintain.comParis, France2017Apr 2026••••
Provider of elevator installation & maintenance services
baystateelevator.usAgawam, United States1908Aug 2020••••
Elevator manufacturing services are provided in Brazil.
melcoelevadores.com.brGuaiba, Brazil2006Nov 2017••••
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Complete acquisition details for Otis

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Otis

7 dated milestones of Otis across 173 years, from founding to its latest funding, stage changes and deals.

  1. Founded Otis is founded.
  2. Funding First funding round of $63K.
  3. Acquisition Acquires Melco Elevadores do Brasil.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires Bay State Elevator.
  6. Funding Latest funding round, Grant, of $782K.
  7. 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 visits
    357.3K

    ▼ 0.7% vs previous month

  • Unique visitors
    153.5K

    per month

  • Global rank
    #109,285

    among all websites

  • Category rank
    #799

    Heavy Industry and Engineering · Construction and Maintenance

Similar websites

Websites whose visitors overlap most with Otis. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
otisworldwide.com
100%
#12,630,922View 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#•••••–
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All 40 similar websites and full traffic analytics for Otis

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  • 40 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Live entertainment events and ticketing services are managed worldwide.
2005Beverly Hills, California, United StatesUSD 25.2 B16,200
Developer, operator, and franchisor of trampoline and active entertainment parks
2004Provo, Utah, United States335
SaaS-based ERP solutions are offered for multiple industries.
2021Columbia, United States
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Related news about 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.

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