Otis Worldwide Corporation

Otis Worldwide Corporation Earnings Recaps

OTIS Industrials 1 recap
Q3 2025 Oct 30, 2025

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.

Key takeaways
  • 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.