Growth Metrics

Otis Worldwide (OTIS) Gross Margin (2019 - 2026)

Otis Worldwide has reported Gross Margin over the past 8 years, most recently at 73.14% for Q1 2026.

  • Quarterly Gross Margin rose 1382.0% to 73.14% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 39.97% through Mar 2026, down 1444.0% year-over-year, with the annual reading at 30.59% for FY2025, 3061.0% down from the prior year.
  • Gross Margin was 73.14% for Q1 2026 at Otis Worldwide, up from 50.68% in the prior quarter.
  • Over five years, Gross Margin peaked at 73.14% in Q1 2026 and troughed at 76.49% in Q4 2023.
  • The 5-year median for Gross Margin is 64.81% (2023), against an average of 48.42%.
  • Year-over-year, Gross Margin plummeted -14177bps in 2023 and then surged 13668bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 65.28% in 2022, then crashed by -217bps to 76.49% in 2023, then skyrocketed by 179bps to 60.19% in 2024, then crashed by -184bps to 50.68% in 2025, then surged by 244bps to 73.14% in 2026.
  • Per Business Quant, the three most recent readings for OTIS's Gross Margin are 73.14% (Q1 2026), 50.68% (Q4 2025), and 71.46% (Q3 2025).