Otis Industries reported a solid return to growth in Q3 2025, driven primarily by robust service and modernization segments, resulting in a 9% increase in adjusted earnings per share.
- Organic sales rose 2%, with service growth at 6% and modernization up 14%.
- Adjusted operating profit margin expanded by 20 basis points, with a notable 70 basis points increase in service margin.
- Modernization backlog increased by 22%, and new equipment orders grew by 4%, indicating potential multiyear growth cycles.
- Adjusted free cash flow reached $337 million, on track to meet the $1.45 billion full-year outlook.
- Recognized as one of TIME’s best companies for 2025 and by Forbes as a top employer, reflecting commitment to excellence and innovation.
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