Otis Worldwide (OTIS) Net Income (2019 - 2026)
Otis Worldwide (OTIS) posted Net Income of $426 million for Q3 2026, up 8.7% from $392 million a year earlier but down 5.1% from the prior quarter.
Otis Worldwide (OTIS) Net Income (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Income at Otis Worldwide was $1.61 billion, up 13.2% year-over-year; for FY2025, it came in at $1.46 billion, down 16.1% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 6.6% (FY2020 to FY2025).
- In prior years, Otis Worldwide's Net Income was $1.73 billion in FY2024 (+15.8%), $1.5 billion in FY2023 (+9.4%), $1.37 billion in FY2022 (-3.6%) and $1.42 billion in FY2021 (+34.5%).
- Quarterly Net Income has run from a low of $256 million in Q1 2025 to a high of $557 million in Q3 2024 over five years.
- On a year-over-year basis, Net Income has increased in each of the last four quarters, with an average decline of 0.4% over the last eight quarters.
- The strongest year-over-year quarter for Net Income in the past five years was Q3 2024, with growth of 41.0%; the weakest was Q1 2025, with a decline of 31.6%.
- According to Business Quant data, Net Income for the three prior quarters was $449 million (Q2 2026), $353 million (Q1 2026) and $384 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 1.05 Bn |
| 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 | -2.59 Bn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 489.04 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 426.00 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 151.00 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 240.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 220.90 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 208.10 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 107.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 426.00 Mn |
| Jun 30, 2026 | 449.00 Mn |
| Mar 31, 2026 | 353.00 Mn |
| Dec 31, 2025 | 384.00 Mn |
| Sep 30, 2025 | 392.00 Mn |
| Jun 30, 2025 | 423.00 Mn |
| Mar 31, 2025 | 256.00 Mn |
| Dec 31, 2024 | 353.00 Mn |
| Sep 30, 2024 | 557.00 Mn |
| Jun 30, 2024 | 450.00 Mn |
| Mar 31, 2024 | 374.00 Mn |
| Dec 31, 2023 | 344.00 Mn |
| Sep 30, 2023 | 395.00 Mn |
| Jun 30, 2023 | 407.00 Mn |
| Mar 31, 2023 | 352.00 Mn |
| Dec 31, 2022 | 318.00 Mn |
| Sep 30, 2022 | 350.00 Mn |
| Jun 30, 2022 | 348.00 Mn |
| Mar 31, 2022 | 353.00 Mn |
| Dec 31, 2021 | 310.00 Mn |
Otis Worldwide Net Income 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=net-income&ticker=OTIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();