About the Company
Otis Worldwide Corporation (branded as the Otis Elevator Company, its former legal name) is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S., Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, moving walkways, and escalators. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism to lock the elevator car in place should the hoisting ropes fail. The Otis Elevator Company was acquired by United Technologies in 1976, but it was spun off as an independent company 44 years later in April 2020 as Otis Worldwide Corporation. Its slogan is "Made to move you".
Exchange
NYSE
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $OTIS News
What's Going On With Otis Worldwide Stock Today?
Otis Worldwide Corp (NYSE:OTIS) reported first-quarter fiscal 2024 sales growth of 2.7% year-over-year to $3.437 billion, missing the consensus of $3.455 billion. Adjusted operating profit increased ...
Otis Worldwide raises dividend by 14.7% to $0.39
(OTIS) declares $0.39/share quarterly dividend, 14.7% increase from prior dividend of $0.34. Forward yield 1.6% Payable June 7 for shareholders.
Otis Worldwide (OTIS) to Post Q1 Earnings: Factors to Note
Otis Worldwide Corporation OTIS is scheduled to report first-quarter 2024 results on Apr 24, before the opening bell. In the ...
Liftmaker Otis beats first-quarter profit estimates on high demand for maintenance
Elevator and escalator maker Otis Worldwide Corp beat quarterly profit estimates on Wednesday on higher demand for ...
Otis Worldwide Corp Ordinary Shares OTIS
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Otis Worldwide Corporation: Otis Reports First Quarter 2024 Results
Otis continues to deliver mid-single digit organic Service growth and strong margin expansion 1Q Net sales up 2.7% and organic sales up 3.8% driven by Service net sales up 5.8% with organic sales up ...
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