Otis Worldwide OTIS
Otis is the world’s leading elevator and escalator manufacturing, installation, service and modernization company. 10-K, Item 1
- Headquarters
- Farmington, CT
- Next results
- around Jan 27, 2027
OTIS among Industrials peers
Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.
What changed
2 new risk paragraphs. 10-K filed Feb 5, 2026 against Feb 4, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
11 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 11 checks found nothing to note
-
Receivables +7.6% vs revenue +1.2% (+6.4 pts)
-
Cash from operations $1.6B vs net income $1.4B (FY ending Dec 31, 2025)
-
Inventory +10.1% vs revenue +1.2% (+8.9 pts)
8 more checks with nothing to note
-
Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
-
No statement of substantial doubt about going concern
-
No 8-K item 4.02 in the last 2 years
-
No NT 10-K or NT 10-Q in the last 2 years
-
The same matters as last year: Revenue Recognition - Estimated Costs at Completion for New Equipment and Modernization Contracts
-
No sentence in the 10-K concludes that controls were not effective because of a material weakness
-
No 8-K item 2.06 in the last 2 years
-
No 8-K item 1.03 in the last 2 years
In their words
2 paragraphs in Risk Factors that were not in the 10-K filed Feb 4, 2025. Quoted as filed.
-
Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
Further, as we integrate emerging and rapidly evolving technologies, including AI, into our products and services, we face evolving risks related to safety, data governance, regulatory compliance and intellectual property and may not be able to anticipate or identify vulnerabilities, design flaws or security threats resulting from the…
-
Item 1A · new paragraph · not in the 10-K filed Feb 4, 2025 10-K, ITEM 1A
Additionally, we provide products and services to government entities. Government contract laws and regulations impose certain risks. If violations of law are found, they could result in civil and criminal penalties and administrative sanctions, including termination of contracts, refund of a portion of fees received, forfeiture of…
New risk paragraphs, against peers
Latest 10-K of each, Industrials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $13.7B | $14.2B | $14.3B | $14.4B |
| Net income | $1.3B | $1.4B | $1.6B | $1.4B |
| Operating cash flow | $1.6B | $1.6B | $1.6B | $1.6B |
| Free cash flow | $1.4B | $1.5B | $1.4B | $1.4B |
Revenue, FY2018 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$14.4B ▲ 1.2% in FY2025$1.4B ▼ 15.9% in FY2025$1.4B ▲ 0.5% in FY2025
Recent filings
3 filings in the last 30 days · SEC EDGAR
-
8-KNov 5, 2026Other events 8-K item 8.01
-
10-QOct 29, 2026Quarterly report (10-Q) period ended Sep 30, 2026
-
8-KOct 28, 2026Quarterly results 8-K item 2.02
About the company
Otis Worldwide, Farmington, CT · from the 10-K filed Feb 5, 2026
Otis is the world’s leading elevator and escalator manufacturing, installation, service and modernization company. We serve customers in over 200 countries and territories around the world. Otis has global scale and local focus, with more than 1,400 branches and offices, and a direct physical presence in more than 70 countries. The following description of our business should be read in conjunction with Item 7 in this Form 10-K, including the information contained therein under the heading "Business Overview."
- Headquarters
- Farmington, CT
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Oct 28, 2026
- Incorporated in
- DE
Email alerts
Sources
The 10-K filed Feb 5, 2026 (open at SEC), compared with the 10-K filed Feb 4, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/OTIS/export.csv") into a cell.