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Otis Worldwide (OTIS)
NYSE:OTIS
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.94Last Year’s EPS
0.92Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted strong service-driven performance, record cash generation, accelerating modernization demand and meaningful product and connectivity progress. These positives are tempered by persistent weakness and structural churn in China, near-term new equipment headwinds and some tariff/interest pressures. Management provided constructive 2026 guidance (mid-to-high single digit EPS growth, $15.0–$15.3B sales range, $1.6–$1.7B free cash flow) while retaining a conservative tone. On balance, operational momentum, strong cash flow and backlog growth outweigh the regional and equipment-related challenges.Company Guidance
Record Quarterly and Annual Free Cash Flow
Q4 adjusted free cash flow was a record $817 million; full-year adjusted free cash flow was approximately $1.6 billion, supporting $1.5 billion returned to shareholders in 2025.
Service-Led Revenue and Margin Expansion
Q4 organic sales +1% overall; service organic sales +5% in Q4. Service operating profit expanded 100 basis points to a 25.5% margin in Q4 and service operating profit was $638 million (up $49M at constant currency). Total adjusted operating profit margin expanded 70 basis points to 16.6% in Q4.
Modernization Surge and Backlog
Modernization orders increased 43% in the quarter at constant currency and modernization backlog grew 30% at constant currency, the highest backlog since spin and positioning the company for 2026 revenue growth.
Maintenance Portfolio Growth and Scale
Maintenance portfolio reached ~2.5 million units (largest in industry) and grew 4% (fourteenth consecutive quarter of growth), supporting recurring revenue and service density benefits.
Strong EPS and Profitability Performance
Q4 adjusted EPS grew ~11% (highest level this year). Full-year adjusted EPS increased 6% to $4.05, driven by operational performance, FX benefit and lower share count.
Product Innovation and Connectivity Adoption
Launched Gen3 product family and new AI-driven tools (AI inspection robot, Otis AI agent); connected units approached ~1.1 million and subscription revenue grew 35% in 2025, supporting recurring digital revenue.
Capital Allocation and 2026 Cash Flow Guidance
Returned ~$1.5 billion in 2025; 2026 guidance targets $1.6–$1.7 billion adjusted free cash flow, a 40% dividend payout target and approximately $800 million in share repurchases (flexible for bolt-on M&A).
Geographic and Large Project Wins
Notable contract wins include Shanghai Metro escalators (>490 units), London Underground escalator program (172 escalators), Dallas pediatric hospital (39 elevators), and Armani Halston KLCC (26 Skyrise units), demonstrating commercial execution across regions.
OTIS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OTIS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $90.55 | $88.60 | -2.15% |
Oct 29, 2025 | $90.88 | $92.95 | +2.28% |
Jul 23, 2025 | $100.04 | $87.66 | -12.38% |
Apr 23, 2025 | $97.60 | $91.04 | -6.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Otis Worldwide (OTIS) report earnings?
Otis Worldwide (OTIS) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Otis Worldwide (OTIS) earnings time?
Otis Worldwide (OTIS) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OTIS EPS forecast?
OTIS EPS forecast for the fiscal quarter 2026 (Q1) is 0.94.
