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| Date | Value |
|---|---|
| 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% |