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

Otis Worldwide (OTIS) has reported Gross Margin for 8 consecutive years, with 29.52% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 92.0% year-over-year to 29.52% in Q2 2026; TTM through Jun 2026 was 30.31%, a 6.0% increase from a year earlier, with the FY2025 full-year figure at 30.59%, up 54.0% from the prior year.
• Gross Margin was 29.52% for Q2 2026 at Otis Worldwide, down from 30.43% in the prior quarter.
• Over five years, Gross Margin peaked at 64.32% in Q1 2022 and troughed at 73.22% in Q4 2022.
• A 5-year average of 30.03% and a median of 30.45% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin sank 13660 bps in 2022 and jumped 9991 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 73.22% in 2022, then advanced by 4 bps to 70.36% in 2023, then soared by 142 bps to 29.55% in 2024, then climbed by 3 bps to 30.35% in 2025, then declined by 3 bps to 29.52% in 2026.
• The last three Gross Margin figures came in at 29.52% (Q2 2026), 30.43% (Q1 2026), and 30.35% (Q4 2025), per Business Quant data.