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

Otis Worldwide (OTIS) reported Operating Margin of 15.11% for Q1 2026, up 285.0% year-over-year from 3.93% in Q1 2025, and down 2.59% quarter-over-quarter from 15.52% in Q4 2025.

Otis Worldwide (OTIS) Operating Margin (2019 - 2026) Analysis & Trends

Otis Worldwide (OTIS) has 8 years of Operating Margin data on file, last reported at 15.11% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 15.11%, up 285.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.44% (up 221.0% YoY), and the FY2025 annual result was 14.78%, up 70.0% from the prior year.
  • Operating Margin slipped to 15.11% in Q1 2026 per OTIS's latest filing, from 15.52% in the prior quarter.
  • Over five years, Operating Margin peaked at 16.21% in Q3 2023 and troughed at 10.23% in Q3 2024.
  • A 5-year average of 14.79% and a median of 15.33% in 2023 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin tumbled 598 bps in 2024, then soared 565 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 14.28% in 2022, then increased by 1 bps to 14.42% in 2023, then grew by 0 bps to 14.45% in 2024, then gained by 7 bps to 15.52% in 2025, then decreased by 3 bps to 15.11% in 2026.
  • Business Quant data shows OTIS's Operating Margin at 15.11% in Q1 2026, 15.52% in Q4 2025, and 15.88% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 1.92%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 15.73%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 20.65%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 11.30%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 24.24%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 25.40%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 26.70%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 20.86%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 14.90%
10 Otis Worldwide 27.30 Bn 26.54 Bn 2.61 Bn 15.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.11%
Dec 31, 2025 15.52%
Sep 30, 2025 15.88%
Jun 30, 2025 15.22%
Mar 31, 2025 12.27%
Dec 31, 2024 14.45%
Sep 30, 2024 10.23%
Jun 30, 2024 15.83%
Mar 31, 2024 15.83%
Dec 31, 2023 14.42%
Sep 30, 2023 16.21%
Jun 30, 2023 15.59%
Mar 31, 2023 15.33%
Dec 31, 2022 14.28%
Sep 30, 2022 15.82%
Jun 30, 2022 13.96%
Mar 31, 2022 15.41%
Dec 31, 2021 13.90%
Sep 30, 2021 14.97%
Jun 30, 2021 15.16%