Otis Worldwide (OTIS) Net Margin (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Net Margin of 11.64% for Q2 2026, down 13.0% year-over-year from 13.37% in Q2 2025, and up 17.54% quarter-over-quarter from 9.9% in Q1 2026.
Otis Worldwide (OTIS) Net Margin (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Net Margin for 8 consecutive years, with 11.64% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin fell 13.0% year-over-year to 11.64%; the TTM figure through Jun 2026 stood at 10.58% (down 63.0% YoY), while the FY2025 annual figure was 10.08%, down 208.0% from the prior year.
- Net Margin improved to 11.64% in Q2 2026 per OTIS's latest filing, from 9.9% in the prior quarter.
- Across five years, Net Margin topped out at 15.7% in Q3 2024 and bottomed at 7.64% in Q1 2025.
- Historically, Net Margin has averaged 10.7% across 5 years, with a median of 10.49% in 2023.
- Annual changes were most pronounced in 2024 — Net Margin soared 449 bps — and 2025, when it tumbled 508 bps.
- Otis Worldwide's Net Margin stood at 9.25% in 2022, then climbed by 3 bps to 9.5% in 2023, then grew by 1 bps to 9.61% in 2024, then gained by 5 bps to 10.12% in 2025, then advanced by 15 bps to 11.64% in 2026.
- Business Quant data shows OTIS's Net Margin at 11.64% in Q2 2026, 9.9% in Q1 2026, and 10.12% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 5.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 9.65% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 16.48% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 14.73% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 9.86% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 18.95% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 19.90% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 17.64% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 12.59% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 11.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.64% |
| Mar 31, 2026 | 9.90% |
| Dec 31, 2025 | 10.12% |
| Sep 30, 2025 | 10.62% |
| Jun 30, 2025 | 11.77% |
| Mar 31, 2025 | 7.64% |
| Dec 31, 2024 | 9.61% |
| Sep 30, 2024 | 15.70% |
| Jun 30, 2024 | 12.50% |
| Mar 31, 2024 | 10.88% |
| Dec 31, 2023 | 9.50% |
| Sep 30, 2023 | 11.21% |
| Jun 30, 2023 | 10.94% |
| Mar 31, 2023 | 10.52% |
| Dec 31, 2022 | 9.25% |
| Sep 30, 2022 | 10.47% |
| Jun 30, 2022 | 9.98% |
| Mar 31, 2022 | 10.34% |
| Dec 31, 2021 | 8.69% |
| Sep 30, 2021 | 10.47% |