Otis Worldwide Corporation (OTIS) Key Metrics
OTIS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $27.15B
- Enterprise value
- $34.04B
- P/E (TTM)
- 18.3 10-yr median 26.4
- Forward P/E
- 15.1
- PEG ratio
- 2.22
- Price / sales
- 1.8 10-yr median 2.5
- Price / book
- 13.2
- EV / EBITDA
- 13.4 10-yr median 18.8
- Dividend yield
- 2.47% $1.76 a year
- Beta
- 0.86
OTIS key metrics, 2017–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOTIS valuation Price multiples at each fiscal year-end price.
OTIS returns How much profit the business earns on the capital it uses.
OTIS per-share figures Results divided by the shares outstanding at year-end.
OTIS financial health Debt, liquidity and how easily interest is covered.
OTIS efficiency & capital use Working capital cycle and where the cash goes.
OTIS valuation history
OTIS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OTIS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OTIS cash returned to shareholders
OTIS price vs earnings per share
OTIS key metrics
2017–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Valuation | |||||||||
| Market capitalization | $34.39B | $37.45B | $37.09B | $33.13B | $37.56B | $29.36B | — | — | — |
| Enterprise value | $42.04B | $43.89B | $43.13B | $39.15B | $43.79B | $34.07B | — | — | — |
| P/E ratio | 24.8 | 22.8 | 26.4 | 26.4 | 30.1 | 32.4 | — | — | — |
| Price / sales | 2.4 | 2.6 | 2.6 | 2.4 | 2.6 | 2.3 | — | — | — |
| Price / free cash flow | 23.8 | 26.1 | 24.9 | 22.9 | 23.6 | 22.6 | — | — | — |
| Price / operating cash flow | 21.5 | 24.0 | 22.8 | 21.2 | 21.5 | 19.8 | — | — | — |
| EV / sales | 2.9 | 3.1 | 3.0 | 2.9 | 3.1 | 2.7 | — | — | — |
| EV / EBITDA | 18.2 | 19.7 | 19.7 | 17.3 | 19.0 | 18.6 | — | — | — |
| EV / free cash flow | 29.1 | 30.5 | 29.0 | 27.1 | 27.5 | 26.3 | — | — | — |
| Earnings yield | 4.0% | 4.4% | 3.8% | 3.8% | 3.3% | 3.1% | — | — | — |
| Free cash flow yield | 4.2% | 3.8% | 4.0% | 4.4% | 4.2% | 4.4% | — | — | — |
| Dividend yield | 1.9% | 1.6% | 1.5% | 1.4% | 1.0% | 0.9% | — | — | — |
| Shareholder yield (dividends + buybacks) | 4.2% | 4.3% | 3.6% | 9.4% | 3.0% | 0.9% | — | — | — |
| Share price at fiscal year-end | $87.35 | $92.61 | $89.47 | $78.31 | $87.07 | $67.55 | — | — | — |
| Per share | |||||||||
| Revenue per share | $36.66 | $35.26 | $34.27 | $32.35 | $33.14 | $29.35 | $30.29 | $29.82 | $28.24 |
| Earnings per share | $3.52 | $4.07 | $3.39 | $2.96 | $2.89 | $2.08 | $2.58 | $2.42 | $1.46 |
| Operating cash flow per share | $4.05 | $3.86 | $3.92 | $3.69 | $4.06 | $3.41 | $3.39 | $3.58 | $3.32 |
| Free cash flow per share | $3.67 | $3.55 | $3.59 | $3.42 | $3.69 | $2.98 | $3.06 | $3.18 | $3.02 |
| Cash per share | $2.78 | $5.69 | $3.07 | $2.81 | $3.63 | $4.10 | $3.34 | $3.07 | $3.56 |
| Book value per share | −$13.70 | −$11.99 | −$11.88 | −$11.51 | −$8.40 | −$8.89 | $3.93 | $3.62 | $4.50 |
| Tangible book value per share | −$18.87 | −$16.59 | −$16.51 | −$16.09 | −$13.24 | −$14.08 | −$1.01 | −$1.59 | −$0.99 |
| Dividends per share | $1.64 | $1.50 | $1.30 | $1.10 | $0.91 | $0.60 | $0.60 | $0.60 | $0.60 |
| Capex per share | $0.39 | $0.31 | $0.33 | $0.27 | $0.36 | $0.42 | $0.33 | $0.40 | $0.30 |
| Debt per share | $22.23 | $21.62 | $17.62 | $17.04 | $18.06 | $14.95 | $1.30 | $0.06 | $0.04 |
| Shares outstanding | 393.7M | 404.4M | 414.6M | 423.0M | 431.4M | 434.6M | 433.1M | 433.1M | 436.4M |
| Change in shares outstanding | −2.6% | −2.5% | −2.0% | −1.9% | −0.7% | +0.3% | +0.0% | −0.8% | — |
| Returns & profitability | |||||||||
| Return on equity (ROE) | — | — | — | — | — | — | 68.3% | 59.4% | 32.4% |
| Return on invested capital (ROIC) | 83.2% | 126.4% | 142.7% | 78.6% | 88.4% | 137.0% | 227.4% | 337.5% | 223.8% |
| Return on assets (ROA) | 12.6% | 15.4% | 14.1% | 11.3% | 10.8% | 8.9% | 11.9% | 11.5% | 7.0% |
| Return on tangible assets | 16.1% | 17.4% | 17.2% | 15.9% | 12.2% | 10.7% | 14.8% | 15.3% | 9.5% |
| Free cash flow margin | 10.0% | 10.1% | 10.5% | 10.6% | 11.1% | 10.2% | 10.1% | 10.7% | 10.7% |
| Income quality (OCF / net income) | 1.15 | 0.95 | 1.16 | 1.25 | 1.40 | 1.63 | 1.32 | 1.48 | 2.28 |
| Financial health | |||||||||
| Total debt | $8.75B | $8.74B | $7.31B | $7.21B | $7.79B | $6.50B | $565.0M | $27.0M | $17.0M |
| Cash & short-term investments | $1.10B | $2.30B | $1.27B | $1.19B | $1.56B | $1.78B | $1.45B | $1.33B | $1.55B |
| Net debt | $7.65B | $6.44B | $6.03B | $6.02B | $6.22B | $4.71B | −$881.0M | −$1.30B | −$1.54B |
| Debt / equity | — | — | — | — | — | — | 0.33 | 0.02 | 0.01 |
| Debt / assets | 0.82 | 0.77 | 0.72 | 0.73 | 0.63 | 0.61 | 0.06 | 0.00 | 0.00 |
| Net debt / EBITDA | 3.32 | 2.89 | 2.76 | 2.66 | 2.71 | 2.58 | −0.44 | −0.64 | −0.71 |
| Current ratio | 0.85 | 0.99 | 0.99 | 0.90 | 1.32 | 0.97 | 1.05 | 1.06 | 1.12 |
| Quick ratio | 0.77 | 0.92 | 0.89 | 0.81 | 1.22 | 0.87 | 0.95 | 0.94 | 0.89 |
| Interest coverage | 10.9 | 64.8 | 14.6 | 14.2 | 15.5 | 13.4 | 46.5 | 49.6 | 47.9 |
| Working capital | −$1.16B | −$79.0M | −$79.0M | −$700.0M | $2.01B | −$180.0M | $284.0M | $309.0M | $579.0M |
| Invested capital | $2.26B | $1.59B | $1.11B | $1.15B | $2.60B | $853.0M | $819.0M | $267.0M | $428.0M |
| Tangible asset value | −$7.31B | −$6.59B | −$6.64B | −$6.60B | −$5.07B | −$5.46B | $189.0M | −$42.0M | $1.76B |
| Net current asset value | −$9.42B | −$8.37B | −$8.44B | −$8.34B | −$7.00B | −$7.42B | −$1.70B | −$1.31B | $579.0M |
| Graham number | — | — | — | — | — | — | $15.09 | $14.05 | $12.15 |
| Graham net-net per share | −$28.53 | −$25.63 | −$24.28 | −$23.57 | −$24.46 | −$20.93 | −$7.13 | −$6.33 | −$2.12 |
| Capital allocation | |||||||||
| Dividends paid | $647.0M | $606.0M | $539.0M | $465.0M | $393.0M | $260.0M | $260.0M | $260.0M | $260.0M |
| Share buybacks (net) | $809.0M | $1.01B | $800.0M | $2.65B | $725.0M | $0 | — | — | — |
| Dividend payout ratio | 46.7% | 36.8% | 38.3% | 37.1% | 31.5% | 28.7% | 23.3% | 24.8% | 40.9% |
| Dividends + buybacks / free cash flow | 100.8% | 112.2% | 89.9% | 215.7% | 70.1% | 20.0% | 19.6% | 18.9% | 19.7% |
| Capex / revenue | 1.1% | 0.9% | 1.0% | 0.8% | 1.1% | 1.4% | 1.1% | 1.3% | 1.1% |
| Capex / operating cash flow | 9.5% | 8.1% | 8.5% | 7.4% | 8.9% | 12.4% | 9.9% | 11.1% | 9.2% |
| Capex / depreciation | 0.87 | 0.70 | 0.72 | 0.60 | 0.77 | 0.96 | 0.81 | 0.91 | 0.75 |
| Stock-based compensation / revenue | 0.6% | 0.5% | 0.5% | 0.5% | 0.5% | 0.5% | 0.3% | 0.3% | 0.2% |
| R&D / revenue | 1.1% | 1.1% | 1.0% | 1.1% | 1.1% | 1.2% | 1.2% | 1.4% | 1.4% |
| SG&A / revenue | 13.1% | 12.7% | 12.9% | 12.9% | 13.6% | 15.1% | 13.8% | 13.4% | 13.4% |
| Efficiency | |||||||||
| Days sales outstanding | 107.8 | 107.4 | 106.3 | 104.1 | 94.3 | 100.1 | 94.1 | 83.6 | 75.2 |
| Days of inventory on hand | 21.2 | 21.3 | 22.4 | 23.2 | 23.1 | 25.0 | 23.7 | 34.5 | 46.7 |
| Days payables outstanding | 72.9 | 68.5 | 65.5 | 61.2 | 54.3 | 56.6 | 52.7 | 52.7 | 55.2 |
| Cash conversion cycle (days) | 56.0 | 60.1 | 63.2 | 66.0 | 63.1 | 68.5 | 65.2 | 65.4 | 66.7 |
| Receivables turnover | 3.39 | 3.40 | 3.43 | 3.51 | 3.87 | 3.65 | 3.88 | 4.37 | 4.85 |
| Payables turnover | 5.00 | 5.33 | 5.57 | 5.97 | 6.72 | 6.45 | 6.93 | 6.92 | 6.62 |
| Inventory turnover | 17.20 | 17.12 | 16.30 | 15.76 | 15.78 | 14.60 | 15.38 | 10.57 | 7.82 |
| Asset turnover | 1.31 | 1.33 | 1.43 | 1.24 | 1.24 | 1.25 | 1.39 | 1.42 | 1.36 |
| Average receivables | $4.26B | $4.19B | $4.14B | $3.90B | $3.69B | $3.50B | $3.38B | $2.96B | $2.54B |
| Average payables | $2.01B | $1.88B | $1.80B | $1.64B | $1.50B | $1.39B | $1.34B | $1.33B | $1.30B |
| Average inventory | $585.0M | $584.5M | $614.5M | $619.5M | $640.5M | $615.0M | $604.0M | $869.5M | $1.10B |
| Intangibles / total assets | 19.1% | 16.4% | 19.0% | 19.7% | 17.0% | 21.1% | 22.1% | 24.7% | 26.4% |
Computed from OTIS's annual financial statements (latest annual report filed February 5, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OTIS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Otis traded at 24.8 times earnings, against a 9-year median of 26.4. Based on the latest twelve months, the trailing P/E is 18.3 and the forward P/E is 15.1. Otis earned a return on invested capital of 83.2% in fiscal 2025. It ended the year with $8.8 billion of debt and $1.1 billion in cash and short-term investments, net debt of $7.7 billion. It returned $1.5 billion to shareholders: $647.0 million in dividends and $809.0 million in share buybacks, 101% of free cash flow. The share count fell 9.8% from 436.4M to 393.7M over 8 years.
See the OTIS income statement, the OTIS chart for price history, or the OTIS stock overview for the latest quote and news.
OTIS key metrics FAQ
What is Otis's P/E ratio?
Otis's trailing P/E ratio is 18.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.1. At the end of fiscal 2025 it was 24.8, compared with a 9-year median of 26.4.
What is Otis's EV/EBITDA?
Otis's enterprise value was 18.2 times EBITDA at the end of fiscal 2025 (enterprise value $42.0 billion, EBITDA $2.3 billion); the current EV/EBITDA is 13.4.
What is Otis's ROIC?
Otis's return on invested capital was 83.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Otis have?
Otis had total debt of $8.8 billion at the end of fiscal 2025 and $7.7 billion of net debt (3.32 times EBITDA).
What is Otis's dividend yield?
Otis's forward dividend yield is 2.47%. Otis paid $647.0 million in dividends in fiscal 2025 ($1.64 per share), a payout ratio of 46.7%.
Does Otis buy back its shares?
Yes. Otis spent $809.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.6% over the year, to 393.7M..
What is Otis's free cash flow yield?
Otis generated $1.4 billion of free cash flow in fiscal 2025, a free cash flow yield of 4.2% on its market value at year-end ($34.4 billion).
What is Otis's current ratio?
Otis's current ratio was 0.85 at the end of fiscal 2025: current assets were 0.85 times current liabilities.