Otis Worldwide (OTIS) Gross Margin (2019 - 2026)
Otis Worldwide (OTIS) reported Gross Margin of 29.52% for Q2 2026, down 0.92 percentage points from 30.43% a year earlier and down 0.91 percentage points from the prior quarter.
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Analysis
Otis Worldwide (OTIS) Gross Margin (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Otis Worldwide's Gross Margin came in at 30.31%, up 0.06 percentage points year-over-year; for FY2025, it came in at 30.59%, up 0.54 percentage points from FY2024.
- Gross Margin has increased for four consecutive years, with a five-year change of +0.96 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 30.05% in FY2024 (+0.50 pp), 29.55% in FY2023 (+0.04 pp), 29.51% in FY2022 (+0.19 pp) and 29.33% in FY2021 (-0.30 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q2 2023.
- Year over year, Gross Margin gained in five of the last eight quarters, with an average year-over-year change of +0.22 percentage points.
- The high point for year-over-year Gross Margin in five years was Q4 2022 (a gain of 2.26 percentage points); the low point was Q4 2023 (a drop of 1.71 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 30.43% (Q1 2026), 30.35% (Q4 2025) and 30.98% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 35.28% |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 30.35% |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 24.81% |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 29.56% |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 39.38% |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 36.62% |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 46.75% |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 33.82% |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 37.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.56% |
| Jun 30, 2026 | 29.52% |
| Mar 31, 2026 | 30.43% |
| Dec 31, 2025 | 30.35% |
| Sep 30, 2025 | 30.98% |
| Jun 30, 2025 | 30.43% |
| Mar 31, 2025 | 30.60% |
| Dec 31, 2024 | 29.55% |
| Sep 30, 2024 | 30.47% |
| Jun 30, 2024 | 30.13% |
| Mar 31, 2024 | 30.06% |
| Dec 31, 2023 | 29.67% |
| Sep 30, 2023 | 29.69% |
| Jun 30, 2023 | 29.11% |
| Mar 31, 2023 | 29.77% |
| Dec 31, 2022 | 31.38% |
| Sep 30, 2022 | 29.04% |
| Jun 30, 2022 | 28.18% |
| Mar 31, 2022 | 29.47% |
| Dec 31, 2021 | 29.11% |
API Access
Otis Worldwide Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=OTIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "OTIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();