OTIS

Manufacturer and service provider of elevators, escalators, and moving walkways.

Launch date

1853

Employees

Market cap

Enterprise valuation

€40.2b (Public information from Sep 2024)

Farmington Minnesota (HQ)

http://otis.com

https://twitter.com/otiselevatorco https://www.facebook.com/mosotis https://www.linkedin.com/company/otis_elevators

View job openings

Revenues, earnings & profits over time

USD	2019	2020	2021	2022	2023	2024	2025
Revenues	13.1b	12.8b	14.3b	13.7b	14.2b	14.4b	14.9b
% growth	2 %	(3 %)	12 %	(4 %)	4 %	1 %	4 %
EBITDA	2.1b	1.8b	2.3b	2.2b	2.4b	-	-
% EBITDA margin	16 %	14 %	16 %	16 %	17 %	-	-
Profit	1.1b	906m	1.2b	1.3b	1.4b	-	-
% profit margin	9 %	7 %	9 %	9 %	10 %	-	-
R&D budget	163m	152m	159m	150m	144m	-	-
R&D % of revenue	1 %	1 %	1 %	1 %	1 %	-	-

Date	Investors	Amount	Round
Mar 2020	N/A	N/A	IPO
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

Jardine Schindler Lifts

ACQUISITION by OTIS Sep 2024