Otis Worldwide Corporation OTIS

65.94 (0.74) (1.11%) as of 25 Sep
Market cap
$25.4B
P/E
16.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Otis Worldwide Corporation (OTIS) Gross margin

Otis Worldwide Corporation's gross margin over the twelve months to 30 June 2026 was 30.2%, down 0.1 percentage points from fiscal 2025 (30.3%). Over the past ten years it has ranged from 28.6% (fiscal 2022) to 30.3% (fiscal 2025) — the current reading is the highest in ten years. That is below the Specialty Industrial Machinery industry median of 35.9% and in line with the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 30.3% 0.43
FY2024 29.9% 0.34
FY2023 29.5% 0.87
FY2022 28.6% (0.69)
FY2021 29.3% (0.30)
FY2020 29.6% 0.46
FY2019 29.2% 0.32
FY2018 28.9% (1.19)
FY2017 30.0% —

Quarterly

Period Gross margin Change (points)
Jun 2026 29.4% (0.90)
Mar 2026 30.3% 0.12
Dec 2025 30.2% (0.48)
Sep 2025 30.7% 0.41
26 more quarters

Against its own ten years

Low 28.6% High 30.3%
Ten-year median 29.5%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
NDSN Nordson Corporation compare 55.3%
ROK Rockwell Automation, Inc. compare 49.1%
IEX IDEX Corporation compare 44.7%
IR Ingersoll Rand Inc. compare 42.8%
DOV Dover Corporation compare 39.6%
XYL Xylem Inc. compare 39.2%
ITT ITT Inc. compare 35.0%
OTIS Otis Worldwide Corporation 30.2%
SYM Symbotic Inc. compare 21.3%
Specialty Industrial Machinery industry median 35.9%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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