Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
Elevator Evolution | Explore Otis's strategic shift from equipment sales to service-oriented business, promising higher margins and stable revenue streams |
China's Crucial Role | Delve into Otis's improved competitive position in China, despite profitability remaining 30% below peak levels |
Financial Trajectory | Analysts project EPS growth from $3.88 to $4.32, with price targets ranging from $90 to $110, reflecting mixed market sentiment |
Market Challenges | Learn how Otis navigates declining Asian equipment demand while leveraging its global presence to maintain industry leadership |
Metrics to compare | OTIS | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipOTISPeersSector | |
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P/E Ratio | 24.8x | 26.2x | 11.7x | |
PEG Ratio | 1.17 | 3.87 | 0.03 | |
Price/Book | −8.2x | 10.0x | 1.4x | |
Price / LTM Sales | 2.8x | 2.4x | 1.2x | |
Upside (Analyst Target) | 0.2% | 0.0% | 20.2% | |
Fair Value Upside | Unlock | −2.3% | 5.8% | Unlock |