OakChart

Otis Worldwide Corp

OTISIndustrials·Specialty Industrial Machinery·USA·Large·NYSE·Nov 11 • 3:59 PM ET

77.50-0.63 (-0.81%)
2026-11-11 23:36 CET
Market cap
29,744.95 USD m
Revenue, TTM
15,135.00 USD m
Net income, TTM
1,556.00 USD m
Free cash flow, TTM
1,673.00 USD m
EPS diluted, TTM
4.03
P/E
19.24
Compare

Price

OTIS against its 20, 50 and 200-day averages
2050200beat
70.0080.006.5M12.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26OTISclose 77.5020-day 75.4250-day 70.75200-day 75.8377.5052w low

18.0% under the 52-week high of 94.57 on 20 Feb 2026. 52-week low 63.58 on 2 Oct 2026. Last 15 sessions, 13.0% high to low

Volume 0.56× normal · the line is the 50-bar volume average

Profile

OTIS
52-week range, 45% of the way up
63.5894.57

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services, and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

IndexS&P 500, RUI
Employees72000
IPOMar 19, 2020
Beta0.86
ATR, 14d1.77
Rel volume0.56
Short float4.25%
Insider own0.10%
Inst own97.49%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap29.51B
Enterprise Value37.59B
Income1.56B
Sales15.13B
Book/sh-14.26
Cash/sh2.31
Dividend Est.1.74 (2.25%)
Dividend TTM1.72 (2.22%)
Dividend Ex-DateNov 13, 2026
Dividend Gr. 3/5Y14.13% 22.42%
Payout47.08%
Employees72000
IPOMar 19, 2020

Ratios

P/E19.24
Forward P/E17.26
PEG2.43
P/S1.95
P/B-
P/C33.60
P/FCF17.64
EV/EBITDA15.00
EV/Sales2.48
Quick Ratio0.77
Current Ratio0.86
Debt/Eq-
LT Debt/Eq-
Option/ShortYes / Yes

Earnings

EPS (ttm)4.03
EPS next Y4.49
EPS next Q1.10
EPS this Y-0.17%
EPS next Y11.07%
EPS next 5Y7.11%
EPS past 3/5Y5.77% 10.95%
Sales past 3/5Y1.79% 2.50%
EPS Y/Y TTM18.39%
Sales Y/Y TTM5.77%
EPS Q/Q13.85%
Sales Q/Q6.07%
EarningsOct 28 BMO
EPS/Sales Surpr.3.83% 1.59%

Ownership

Insider Own0.10%
Insider Trans-0.45%
Inst Own97.49%
Inst Trans1.92%
ROA14.09%
ROE-
ROIC76.27%
Gross Margin29.87%
Oper. Margin15.44%
Profit Margin10.28%
SMA202.75%
SMA509.54%
SMA2002.20%
Trades-

Technical

Shs Outstand380.70M
Shs Float380.32M
Short Float4.25%
Short Ratio3.60
Short Interest16.16M
52W High94.57 -18.05%
52W Low63.58 21.90%
Volatility2.42% 2.31%
ATR (14)1.77
RSI (14)61.54
Beta0.86
Rel Volume0.56
Avg Volume4.49M
Volume2,533,067

Performance

Perf Week-2.87%
Perf Month14.51%
Perf Quarter6.12%
Perf Half Y5.82%
Perf YTD-11.28%
Perf Year-14.19%
Perf 3Y-5.52%
Perf 5Y-7.07%
Perf 10Y-
Recom2.29
Target Price85.27
Prev Close78.13
Price77.50
Change %-0.81%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 25, 2026InitiatedWWells FargoUnderweight$77-0.6%
Jun 10, 2026InitiatedBBernsteinOutperform$97+25.2%
Apr 13, 2026InitiatedEEvercore ISIOutperform$100+29.0%
Apr 08, 2026DowngradeWWolfe ResearchOutperform → Peer Perform
Jan 30, 2026DowngradeJJP MorganOverweight → Neutral$98+26.5%
Dec 09, 2025UpgradeBBNP Paribas ExaneNeutral → Outperform$105+35.5%
Oct 08, 2025UpgradeWWolfe ResearchPeer Perform → Outperform$109+40.6%
Jul 25, 2025UpgradeWWolfe ResearchUnderperform → Peer Perform
Jul 15, 2025UpgradeJJP MorganNeutral → Overweight$109+40.6%
Jul 14, 2025InitiatedDDeutsche BankHold$109+40.6%

Peers

Mkt cap
TickerCompanyMkt cap
JCIJohnson Controls International plc87.60B
CARRCarrier Global Corp44.66B
DOVDover Corp28.25B
ETNEaton Corp Plc140.10B
TTTrane Technologies plc93.00B
ALLEAllegion plc16.11B
EMREmerson Electric Co91.65B
HONHoneywell International Inc72.24B
FIXComfort Systems USA Inc40.64B
LIILennox International Inc12.00B

Insider trading

latest 14 of 22
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Lefebure Thibault Pierre MariePresident, Otis EMEANov 09 '26Sale78.9590071,0573,108Nov 10 04:04 PM
Thibault LefebureOfficerNov 09 '26Proposed Sale78.9590071,056Nov 09 12:41 PM
Armas Joseph JayPresident, Otis AmericasNov 03 '26Sale77.7483564,9172,155Nov 04 04:36 PM
Joseph ArmasOfficerNov 03 '26Proposed Sale76.8226019,973Nov 03 06:13 PM
Joseph ArmasOfficerNov 03 '26Proposed Sale78.0257544,860Nov 03 01:51 PM
Lefebure Thibault Pierre MariePresident, Otis EMEAMay 07 '26Sale76.891,628125,1844,008May 07 04:14 PM
Thibault LefebureOfficerMay 07 '26Proposed Sale76.891,628125,184May 07 02:53 PM
de Montlivault StephanePresident, Otis Asia PacificFeb 12 '26Sale92.2547,9444,423,05929,176Feb 13 04:05 PM
Stephane de MontlivaultOfficerFeb 12 '26Proposed Sale92.2647,9444,423,313Feb 12 03:24 PM
Ryan Michael PatrickSVP, CAO & ControllerFeb 10 '26Sale90.061,182106,4453,504Feb 10 04:53 PM
LaFreniere Nora E.EVP, General CounselFeb 10 '26Option Exercise58.665,107299,57744,612Feb 10 04:48 PM
LaFreniere Nora E.EVP, General CounselFeb 10 '26Sale90.3827,4182,477,92613,880Feb 10 04:48 PM
NORA LAFRENIEREOfficerFeb 10 '26Proposed Sale90.3827,4182,477,927Feb 10 03:28 PM
Michael RyanOfficerFeb 10 '26Proposed Sale90.061,182106,455Feb 10 12:37 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
MOATVanEck Morningstar Wide Moat ETFAUM: 12.18B
VTVVanguard Morningstar Value ETFAUM: 196.23B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B
XLIState Street Industrial Select Sector SPDR ETFAUM: 30.88B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.66B

News

latest 14 of 200
  • Otis Receives Guinness World Records Title for Tallest Elevator at Tianjin 117 (PR Newswire)
  • Otis Declares Quarterly Dividend of $0.44 per Share (PR Newswire)
  • Otis Worldwide: Q3 Earnings Snapshot (Associated Press)
  • Otis Beats On Broadening Sales Growth, But A Reset Service-Margin Path Tempers The Reaffirmed Outlook (Earnings Whispers)
  • Otis Shares Fall 2.4% Despite Q3 Earnings Beat as Operating Margins Narrow (InvestorsHub)
  • OTIS REPORTS THIRD QUARTER 2026 RESULTS (PR Newswire)
  • Top Research Reports for UnitedHealth, ServiceNow & 3M (Zacks)
  • Otis Third Quarter 2026 Earnings Advisory (PR Newswire)
  • Otis Implements Long-Standing CEO Succession Plan (PR Newswire)
  • Otis CEO to Speak at Morgan Stanley Conference (PR Newswire)
  • Otis to Provide More Than 250 Elevators and Escalators to Tianjin 117 Tower, China's New Supertall Landmark (PR Newswire)
  • Otis Declares Quarterly Dividend of $0.44 per Share (PR Newswire)
  • Otis Worldwide Corp (OTIS) Q2 2026 Earnings Call Highlights: Strong Service Growth Amidst ... (GuruFocus.com)
  • Otis Worldwide: Q2 Earnings Snapshot (Associated Press)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-281.0501.0111.0803,9143,85310
2026Q22026-07-221.0101.0091.1163,8593,76210
2026Q12026-04-220.8900.8960.8733,5663,50512
2025Q42026-01-281.0301.0420.9553,7963,88610
2025Q32025-10-291.0501.0080.9523,6903,6599
2025Q22025-07-231.0501.0320.9933,5953,67010
2025Q12025-04-230.9200.8960.6093,3503,3778
2024Q42025-01-290.9300.9570.8403,6753,64210
2024Q32024-10-300.9600.9701.3413,5483,59011
2024Q22024-07-241.0601.0241.0233,6013,73610
2024Q12024-04-240.8800.8670.8653,4373,4588
2023Q42024-01-310.8700.8580.7863,6203,5669
2023Q32023-10-250.9500.8770.9093,5233,5358
2023Q22023-07-260.9200.8630.9043,7203,5949
2023Q12023-04-260.8000.7570.7923,3463,2699
2022Q42023-02-010.7500.7320.7093,4393,35610

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY2.245-2.57713,092-
2020FY2.5202.4482.08512,75612,646
2021FY3.0102.9792.88814,29814,318
2022FY3.1703.1432.96213,68513,555
2023FY3.5403.5203.39114,20914,164
2024FY3.8303.8454.06814,26114,226
2025FY4.0504.0693.50014,43114,508
2026FY-4.043--15,311
2027FY-4.491--16,043
2028FY-4.977--16,848
2029FY-5.454--17,748
2030FY-6.115--18,637

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-068213,9753,8714,019
2026Q4S2026-10-308213,9753,8714,019
2026Q4S2026-10-298213,9753,8714,019
2026Q4S2026-10-288213,9753,8714,019
2026Q4S2026-10-277103,9813,9364,032
2026Q4S2026-10-127113,9813,9364,032
2026Q4S2026-10-057113,9813,9364,032
2026Q4S2026-09-287213,9833,9364,032
2026Q4S2026-09-237123,9743,9174,032
2026Q4S2026-09-176123,9723,9174,032
2026Q4S2026-09-146133,9693,9174,032
2026Q4S2026-09-106043,9613,9174,032
2026Q4S2026-08-136043,9613,9174,035
2026Q4S2026-07-316033,9703,9174,035

Estimate history

EPS, annual1.4682.4222.5772.0852.8882.9623.3914.0683.5054.0274
Period201720182019202020212022202320242025TTM
EPS, quarterly1.3410.840.6090.9930.9520.9550.8731.1161.084
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual12323129151311812756142981368514209142611443115135
Period201720182019202020212022202320242025TTM
Sales, quarterly354836753350359536903796356638593914
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual433.112433.112433.112433.4425414.8406.6397.6389.8380.7
Period201720182019202020212022202320242025MRQ
Shares, quarterly399.4397.6395.5392.4389.7389.8385.7380.7380.7
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue15,135.0014,431.0014,261.0014,209.0013,685.0014,298.0012,756.0013,118.0012,915.00
Cost of Goods Sold Incl. D&A10,614.0010,022.009,963.009,979.009,746.0010,090.008,959.009,292.009,189.00
Gross Profit4,521.004,409.004,298.004,230.003,939.004,208.003,797.003,826.003,726.00
Selling, General and Administrative Excl. Other2,162.002,045.001,982.002,003.001,872.002,057.001,915.001,930.001,916.00
Research and Development158.00152.00152.00144.00150.00159.00152.00163.00181.00
Other Operating Expense22.0020.0030.00-1.00-8.00-23.00-27.004.00-46.00
Operating Income2,337.002,344.002,286.002,228.002,075.002,174.001,909.001,892.001,856.00
Interest Expense217.00196.00-150.00143.00136.00122.0039.0037.00
Unusual Expense14.00201.00278.0042.0042.0066.00270.0078.0021.00
Net Income Before Taxes2,105.001,934.002,039.002,031.001,888.001,961.001,511.001,861.001,893.00
Income Taxes493.00479.00305.00533.00519.00541.00455.00594.00683.00
Consolidated Net Income1,612.001,455.001,734.001,498.001,369.001,420.001,056.001,267.001,210.00
Net Income From Continuing Operations1,556.001,384.001,645.001,406.001,253.001,246.00906.001,116.001,049.00
Net Income1,556.001,384.001,645.001,406.001,253.001,246.00906.001,116.001,049.00
EPS (Recurring)4.103.864.553.463.033.002.522.702.46
EPS (Basic, Before Extraordinaries)4.043.524.103.422.982.912.092.582.42
EPS (Diluted)4.033.504.073.392.962.892.082.582.42
EBITDA2,506.002,519.002,467.002,421.002,266.002,377.002,100.002,072.002,046.00
Non-Operating Income (Expense)-1.00-13.0031.00-5.00-2.00-11.00-6.0086.0095.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense68.0073.0066.0057.0058.0059.0052.0042.0042.00
Price To Earnings Ratio19.4019.4023.0627.0026.9330.1432.4133.17-
Price To Sales Ratio1.622.392.632.612.422.632.30--
Gross Margin29.8730.5530.1429.7728.7829.4329.7729.1728.85
Operating Margin15.4416.2416.0315.6815.1615.2014.9714.4214.37
Net Margin10.289.5911.539.909.168.717.108.518.12
Shares Outstanding380.70389.80397.60406.60414.80425.00433.40433.11433.11
Market Capitalization29,744.9529,744.9536,994.0836,616.4032,622.8536,984.6429,262.3228,902.77-

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue3,914.003,859.003,566.003,796.003,690.003,595.003,350.003,675.00
Cost of Goods Sold Incl. D&A2,759.002,726.002,483.002,646.002,547.002,501.002,328.002,574.00
Gross Profit1,155.001,133.001,083.001,150.001,143.001,094.001,022.001,101.00
Selling, General and Administrative Excl. Other526.00551.00544.00541.00518.00504.00482.00527.00
Research and Development40.0039.0038.0041.0036.0038.0037.0037.00
Other Operating Expense6.007.002.007.009.0015.0095.0010.00
Operating Income623.00575.00537.00602.00616.00575.00445.00564.00
Interest Expense68.0026.0059.0064.0061.0026.0045.0048.00
Unusual Expense3.000.00-2.0013.0030.0028.0034.0033.00
Net Income Before Taxes552.00547.00480.00526.00521.00521.00366.00483.00
Income Taxes126.0098.00127.00142.00129.0098.00110.00130.00
Consolidated Net Income426.00449.00353.00384.00392.00423.00256.00353.00
Net Income From Continuing Operations414.00428.00340.00374.00374.00393.00243.00337.00
Net Income414.00428.00340.00374.00374.00393.00243.00337.00
EPS (Recurring)1.091.120.870.981.011.040.670.90
EPS (Basic, Before Extraordinaries)1.091.120.880.960.961.000.610.85
EPS (Diluted)1.081.120.870.950.950.990.610.84
EBITDA664.00617.00578.00647.00660.00619.00487.00612.00
Non-Operating Income (Expense)0.00-2.000.001.00-4.000.000.000.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense17.0017.0018.0016.0017.0021.0019.0020.00
Price To Earnings Ratio19.4018.9821.9725.7424.1725.9725.3623.06
Price To Sales Ratio1.621.842.052.372.512.772.912.61
Gross Margin29.5129.3630.3730.3030.9830.4330.5129.96
Operating Margin15.9214.9015.0615.8616.6915.9913.2815.35
Net Margin10.5811.099.539.8510.1410.937.259.17
Shares Outstanding380.70380.70385.70389.80389.70392.40395.50397.60
Market Capitalization29,744.9527,474.0729,962.6134,041.6935,883.9939,080.9240,920.7636,994.08

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,105.002,321.001,280.001,194.003,475.001,782.001,446.001,329.00-
Short Term Receivables4,527.004,134.004,255.004,021.003,782.003,606.003,390.003,377.00-
Inventories613.00557.00612.00617.00622.00659.00571.00637.00-
Other Current Assets256.00658.00253.00311.00382.00446.00251.00269.00-
Total Current Assets6,501.007,670.006,400.006,143.008,261.006,493.005,658.005,612.00-
Net Property, Plant & Equipment1,297.001,123.001,143.001,168.001,300.001,316.001,256.00678.00-
Total Investments and Advances4.0010.006.006.008.0014.000.000.00-
Long-Term Note Receivable3.00--------
Intangible Assets2,038.001,859.001,923.001,936.002,086.002,257.002,137.002,257.00-
Other Assets810.00654.00645.00566.00624.00630.00636.00588.00-
Total Assets10,653.0011,316.0010,117.009,819.0012,279.0010,710.009,687.009,135.00-
Short Term Debt Incl. Current Port. of LT Debt1,214.001,471.00149.00797.00205.00868.00174.0027.00-
Accounts Payable2,142.001,879.001,878.001,717.001,556.001,453.001,331.001,351.00-
Income Tax Payable75.0075.00141.00103.00142.00182.00157.00156.00-
Other Current Liabilities4,225.004,324.004,311.004,226.004,344.004,170.003,712.003,769.00-
Total Current Liabilities7,656.007,749.006,479.006,843.006,247.006,673.005,374.005,303.00-
Long Term Debt7,297.007,271.007,158.006,413.007,585.005,629.00386.000.00-
Provision for Risks Charges658.00652.00712.00676.00825.00975.001,285.001,277.00-
Other Liabilities313.00372.00488.00551.00606.00634.00316.00340.00-
Total Liabilities15,924.0016,044.0014,837.0014,483.0015,263.0013,911.007,361.006,920.00-
Non-Equity Reserves0.000.000.000.000.000.000.000.00-
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00-
Common Equity-5,392.00-4,848.00-4,924.00-4,870.00-3,625.00-3,832.001,700.001,569.00-
Total Shareholders Equity-5,392.00-4,848.00-4,924.00-4,870.00-3,625.00-3,832.001,700.001,569.00-
Accumulated Minority Interest121.00120.00204.00206.00641.00631.00626.00646.00-
Total Equity-5,271.00-4,728.00-4,720.00-4,664.00-2,984.00-3,201.002,326.002,215.00-
Total Liabilities & Stockholders Equity10,653.0011,316.0010,117.009,819.0012,279.0010,710.009,687.009,135.00-
Book Value Per Share-13.83-12.19-12.11-11.74-8.53-8.843.933.62-
Tangible Book Value Per Share-19.06-16.87-16.84-16.41-13.44-14.05-1.01-1.59-
Full-Time Employees72,00072,00071,00069,00070,00069,00069,00068,500-
Price to Book Ratio-5.48-7.55-7.65-6.64-10.21-7.64-7.18--
Return on Assets12.6015.3514.1111.3410.848.8811.86--
Return on Equity------68.28--
Return on Invested Capital72.6567.8962.9481.2131.4650.4253.5066.86-
Quick Ratio0.770.920.890.811.220.870.950.94-
Current Ratio0.850.990.990.901.320.971.051.06-

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,612.001,455.001,734.001,498.001,369.001,420.001,056.001,267.001,210.00
Depreciation169.00175.00181.00193.00191.00203.00191.00180.00190.00
Other Funds (Non Cash)74.0080.0023.0064.0067.0065.00134.0063.0038.00
Funds from Operations1,815.001,606.001,907.001,694.001,611.001,596.001,330.001,502.001,565.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital19.00-10.00-344.00-67.00-51.00154.00150.00-33.00-15.00
Cash from Operating Activities1,834.001,596.001,563.001,627.001,560.001,750.001,480.001,469.001,550.00
Capital Expenditures-161.00-152.00-126.00-138.00-115.00-156.00-183.00-145.00-172.00
Net Assets From Acquisitions-440.00-326.00-162.00-36.00-46.00-80.00-53.00-47.00-50.00
Sale of Fixed Assets and Businesses26.0060.000.000.0061.000.000.000.000.00
Purchase or Sale of Investments0.000.00-9.004.00-7.0040.00-51.000.000.00
Purchase of Investments-84.000.00-9.000.00-7.000.00-51.000.000.00
Sale Or Maturity of Investments84.000.000.004.000.0040.000.000.000.00
Other Uses7.00-205.000.00-28.000.000.00-69.00-11.000.00
Other Sources55.000.0058.0015.0074.00107.003.000.0021.00
Cash from Investing Activities-513.00-623.00-239.00-183.00-33.00-89.00-353.00-203.00-201.00
Cash Dividends Paid-662.00-647.00-606.00-539.00-465.00-393.00-260.000.000.00
Change in Capital Stock-807.00-809.00-1,007.00-800.00-850.00-725.000.000.000.00
Repurchase of Common Pref Stock-807.00-809.00-1,007.00-800.00-850.00-725.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net237.00-663.001,497.0094.00-387.001,350.005,904.006.0011.00
Change in Long Term Debt557.00-638.001,486.00207.00-500.001,654.005,257.000.000.00
Issuance of Long Term Debt842.00662.001,486.00741.000.002,157.006,257.000.000.00
Reduction of Long Term Debt-285.00-1,300.000.00-534.00-500.00-503.00-1,000.000.000.00
Net Financing Active Other Cash Flow-68.00-85.00-118.00-105.00-1,950.00-174.00-6,488.00-1,139.00-1,508.00
Other Financing Activities Uses-68.00-85.00-118.00-105.00-1,950.00-174.00-6,488.00-1,139.00-1,508.00
Cash from Financing Activities-1,300.00-2,204.00-234.00-1,350.00-3,652.0058.00-844.00-1,133.00-1,497.00
Exchange Rate Effect4.0015.00-49.00-9.00-157.00-43.0059.00-20.00-77.00
Net Change in Cash25.00-1,216.001,041.0085.00-2,282.001,676.00342.00113.00-225.00
Free Cash Flow1,673.001,444.001,437.001,489.001,445.001,594.001,297.001,324.001,378.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow24.3043.2845.0739.0533.8031.2828.31--
Deferred Taxes & Investment Tax Credit--104.00-31.00-61.00-16.00-92.00-51.00-8.00127.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments878.00849.00844.001,105.00853.00703.00
Short Term Receivables4,966.004,864.004,726.004,527.004,555.004,465.00
Inventories689.00686.00669.00613.00640.00602.00
Other Current Assets385.00440.00225.00256.00564.00617.00
Total Current Assets6,918.006,839.006,464.006,501.006,612.006,387.00
Net Property, Plant & Equipment1,367.001,335.001,296.001,297.001,308.001,262.00
Total Investments and Advances16.0013.007.004.004.003.00
Intangible Assets2,225.002,181.002,015.002,038.002,047.002,064.00
Other Assets781.00785.00760.00810.00800.00779.00
Total Assets11,310.0011,156.0010,542.0010,653.0010,771.0010,495.00
Short Term Debt Incl. Current Port. of LT Debt1,224.001,390.00939.001,214.00492.00675.00
Accounts Payable2,145.002,099.001,975.002,142.001,758.001,739.00
Income Tax Payable---75.00--
Other Current Liabilities4,683.004,736.004,810.004,225.004,815.004,832.00
Total Current Liabilities8,052.008,225.007,724.007,656.007,065.007,246.00
Long Term Debt7,470.007,456.007,279.007,297.007,996.007,449.00
Provision for Risks Charges630.00618.00652.00658.00678.00675.00
Other Liabilities316.00311.00322.00313.00318.00329.00
Total Liabilities16,468.0016,610.0015,977.0015,924.0016,057.0015,699.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity-5,430.00-5,748.00-5,680.00-5,392.00-5,422.00-5,367.00
Total Shareholders Equity-5,430.00-5,748.00-5,680.00-5,392.00-5,422.00-5,367.00
Accumulated Minority Interest272.00294.00245.00121.00136.00163.00
Total Equity-5,158.00-5,454.00-5,435.00-5,271.00-5,286.00-5,204.00
Total Liabilities & Stockholders Equity11,310.0011,156.0010,542.0010,653.0010,771.0010,495.00
Book Value Per Share-14.26-15.10-14.73-13.83-13.91-13.68
Tangible Book Value Per Share-20.11-20.83-19.95-19.06-19.17-18.94
Full-Time Employees---72,000--
Price to Book Ratio-5.48-4.86-5.57-6.28-6.68-7.64
Return on Assets14.0914.0013.6412.6012.8114.87
Return on Invested Capital20.2925.0621.2619.6314.5318.88
Quick Ratio0.770.750.750.770.850.80
Current Ratio0.860.830.840.850.940.88

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income426.00449.00353.00384.00392.00423.00
Depreciation41.0042.0041.0045.0044.0044.00
Other Funds (Non Cash)18.0020.0019.0017.0019.0023.00
Funds from Operations485.00469.00417.00444.00427.00416.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-148.00-202.00-4.00373.00-53.00-201.00
Cash from Operating Activities337.00267.00413.00817.00374.00215.00
Capital Expenditures-39.00-44.00-33.00-45.00-37.00-36.00
Net Assets From Acquisitions-3.00-190.00-13.00-234.00-10.00-46.00
Sale of Fixed Assets and Businesses1.000.000.0025.001.0034.00
Purchase or Sale of Investments84.00-84.000.000.000.000.00
Purchase of Investments0.00-84.000.000.000.000.00
Sale Or Maturity of Investments84.000.000.000.000.000.00
Other Uses0.000.000.007.00-10.00-109.00
Other Sources17.00-13.0051.000.000.00-2.00
Cash from Investing Activities60.00-331.005.00-247.00-56.00-159.00
Cash Dividends Paid-168.00-167.00-163.00-164.00-164.00-164.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.00-407.00-400.000.00-248.00-308.00
Repurchase of Common Pref Stock0.00-407.00-400.000.00-248.00-308.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-152.00633.00-106.00-138.00302.00-816.00
Change in Long Term Debt-138.00695.00-135.00135.00527.00-1,300.00
Issuance of Long Term Debt12.00695.000.00135.00527.000.00
Reduction of Long Term Debt-150.000.00-135.000.000.00-1,300.00
Net Financing Active Other Cash Flow-55.0014.00-15.00-12.00-58.00-6.00
Other Financing Activities Uses-49.008.00-15.00-12.00-58.00-6.00
Cash from Financing Activities-375.0073.00-684.00-314.00-168.00-1,294.00
Exchange Rate Effect7.00-4.005.00-4.000.0012.00
Net Change in Cash29.005.00-261.00252.00150.00-1,226.00
Free Cash Flow298.00223.00380.00772.00337.00179.00
Price to Free Cash Flow24.3026.0529.6442.9452.5154.59

Revenue breakdown

Product2024: 5.37B 2025: 4.99B
Service, Maintenance And Repair2024: 7.21B 2025: 7.58B
Service, Modernization2024: 1.68B 2025: 1.86B
China2024: 1.92B 2025: 1.65B
Other2024: 8.10B 2025: 8.59B
United States2024: 4.24B 2025: 4.19B
New Equipment2024: 5.37B 2025: 4.99B
Services2024: 8.89B 2025: 9.44B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.25%16.2M380.3M4.24M
2026-10-154.23%16.1M380.3M4.18M
2026-09-304.51%17.1M380.3M3.91M
2026-09-154.20%16.0M380.3M3.71M
2026-08-313.98%15.1M380.3M3.63M
2026-08-143.94%15.0M380.3M3.69M
2026-07-313.78%14.4M380.3M3.89M
2026-07-153.72%14.3M383.3M3.80M
2026-06-303.99%15.3M383.3M3.72M
2026-06-153.83%14.7M383.2M3.76M
2026-05-293.15%12.1M383.3M3.79M
2026-05-153.40%13.0M383.3M3.83M
2026-04-304.01%15.4M383.3M3.89M
2026-04-152.89%11.2M388.2M3.95M
2026-03-312.98%11.6M388.2M3.92M
2026-03-132.60%10.1M388.2M3.55M
2026-02-272.82%11.0M388.2M3.34M
2026-02-133.11%12.1M388.2M3.16M
2026-01-302.55%9.9M388.2M2.77M
2026-01-152.21%8.6M389.3M2.42M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call47.5027.9031.700.002.8030.000.000.991-0.0220.003
call50.0025.4029.400.002.6680.000.000.990-0.0220.003
call55.0020.4024.5019.502.26827.000.000.980-0.0370.006
call57.5017.9021.900.002.0180.000.000.978-0.0360.006
call60.0015.4019.5015.501.85050.000.000.975-0.0350.007
call62.5012.9017.003.401.65012.000.000.972-0.0350.008
call65.0010.4014.5014.701.45254.000.000.967-0.0340.009
call67.508.0012.0011.741.2578420.000.904-0.0840.020
call70.005.508.9011.000.8961020.000.882-0.0790.024
call72.502.856.906.240.8363720.000.811-0.0970.033
call75.000.954.603.900.6732632.000.670-0.1340.044
call77.500.202.153.100.4451500.000.515-0.1210.048
call80.000.050.750.850.3506360.000.341-0.1150.044
call82.500.000.600.590.3981.000.000.251-0.0970.041
call85.000.001.150.050.5851,5110.000.170-0.1020.030
call87.500.002.150.000.7000.000.000.145-0.1090.027
call90.000.001.350.050.8071.000.000.130-0.1170.025
call95.000.002.150.001.0070.000.000.109-0.1290.023
call1000.000.050.001.0880.000.000.098-0.1230.022
call1050.005.000.000.8640.000.000.014-0.0210.004
put47.500.000.050.151.3283.000.00-0.008-0.0200.003
put50.000.000.050.111.2053.000.00-0.009-0.0190.003
put55.000.001.600.111.11317.000.00-0.019-0.0350.006
put57.500.001.200.020.9872.000.00-0.022-0.0350.006
put60.000.001.400.050.8651690.00-0.024-0.0340.007
put62.500.001.800.130.74693.000.00-0.028-0.0320.008
put65.000.000.650.100.6303460.00-0.032-0.0310.009
put67.500.001.350.050.7102630.00-0.095-0.0820.020
put70.000.000.450.110.5682160.00-0.117-0.0760.024
put72.500.050.450.150.44272.004.00-0.189-0.0930.033
put75.000.051.150.390.4621,2260.00-0.330-0.1300.044
put77.500.202.051.050.42950.000.00-0.484-0.1170.048
put80.001.854.602.470.65826.000.00-0.658-0.1110.044
put82.503.907.100.000.8370.000.00-0.764-0.1070.037
put85.006.709.400.000.9470.000.00-0.830-0.0980.030
put87.508.8012.400.001.2110.000.00-0.854-0.1040.027
put90.0011.7014.300.001.2180.000.00-0.870-0.1120.025
put95.0015.9020.000.001.6160.000.00-0.890-0.1230.023
put10021.0025.000.001.8360.000.00-0.983-0.0140.005
put10525.8030.100.002.0910.000.00-0.985-0.0140.004

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-104Statement of changes in beneficial ownership of securities2026-11-09SEC
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-058-KCurrent report2026-11-02SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-04424B2SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-01SEC
2026-11-02FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-11-02424B2SEC
2026-10-29IRANNOTICENotice of Iran-related disclosure filed pursuant to Section 13(r)(3) of the Exchange ActSEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-288-KCurrent report2026-10-28SEC
2026-09-158-KCurrent report2026-09-13SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-23SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-07-2310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-228-KCurrent report2026-07-22SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-298-KCurrent report2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC
2026-05-294Statement of changes in beneficial ownership of securities2026-05-27SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100135.97K2
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-0500125.18K1
2026-040000
2026-030000
2026-020016.82M6
2026-010000
2025-120000
2025-1100277.65K1

Institutional holders

Manager% owned
BlackRock, Inc.8.24%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC5.20%
STATE STREET CORP4.34%
GEODE CAPITAL MANAGEMENT, LLC3.39%
FMR LLC3.31%
FRANKLIN RESOURCES INC3.07%
MORGAN STANLEY2.86%
NORGES BANK2.24%
Clearbridge Investments, LLC1.94%

Funds

Fund% owned
PGIM Ultra Short Bond ETF11.37%
PGIM Total Return Bond Fund10.47%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND8.40%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND6.88%
Janus Henderson Short Duration Income ETF5.25%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND4.85%
iShares iBoxx $ Investment Grade Corporate Bond ETF3.54%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
PIMCO Short-Term Fund3.05%
VANGUARD TOTAL BOND MARKET INDEX FUND2.96%

OakChart. OTIS. Cached 15 minutes.