Otis Worldwide (OTIS) Operating Margin (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Operating Margin of 14.9% for Q2 2026, down 32.0% year-over-year from 21.91% in Q2 2025, and down 1.42% quarter-over-quarter from 15.11% in Q1 2026.
Otis Worldwide (OTIS) Operating Margin (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Operating Margin for 8 consecutive years, with 14.9% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 32.0% year-over-year to 14.9%; the TTM figure through Jun 2026 stood at 15.35% (up 228.0% YoY), while the FY2025 annual figure was 14.78%, up 70.0% from the prior year.
- Operating Margin slipped to 14.9% in Q2 2026 per OTIS's latest filing, from 15.11% in the prior quarter.
- Across five years, Operating Margin topped out at 16.21% in Q3 2023 and bottomed at 10.23% in Q3 2024.
- Historically, Operating Margin has averaged 14.79% across 5 years, with a median of 15.27% in 2023.
- Annual changes were most pronounced in 2024 — Operating Margin tumbled 598 bps — and 2025, when it soared 565 bps.
- Otis Worldwide's Operating Margin stood at 14.28% in 2022, then rose by 1 bps to 14.42% in 2023, then increased by 0 bps to 14.45% in 2024, then advanced by 7 bps to 15.52% in 2025, then fell by 4 bps to 14.9% in 2026.
- Business Quant data shows OTIS's Operating Margin at 14.9% in Q2 2026, 15.11% in Q1 2026, and 15.52% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 16.32% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 20.65% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 26.92% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 13.52% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 26.67% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 25.84% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 20.80% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 18.56% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 14.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.90% |
| 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% |