• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI Executive AssistantNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Helper
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees for your businessNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Otis Worldwide Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    7/23/25 6:12:50 AM ET
    $OTIS
    Consumer Electronics/Appliances
    Technology
    Get the next $OTIS alert in real time by email
    otis-20250723
    0001781335FALSE00017813352025-07-232025-07-230001781335us-gaap:CommonStockMember2025-07-232025-07-230001781335otis:A0318NotesDue2026Member2025-07-232025-07-230001781335otis:Notes2.875Due2027Member2025-07-232025-07-230001781335otis:A0934NotesDue2031Member2025-07-232025-07-23

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    ____________________________________ 
    FORM 8-K
    ____________________________________ 

    CURRENT REPORT
    Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): July 23, 2025
    ____________________________________ 
    logo_otis (2).jpg
    OTIS WORLDWIDE CORPORATION
    (Exact name of registrant as specified in its charter)
    ____________________________________ 
    Delaware001-3922183-3789412
    (State or other jurisdiction
    of incorporation)
    (Commission
    File Number)
    (I.R.S. Employer
    Identification No.)
    One Carrier Place
    Farmington, Connecticut 06032
    (Address of principal executive offices, including zip code)
    Registrant’s telephone number, including area code
    (860) 674-3000
    N/A
    (Former name or former address, if changed since last report)
    ____________________________________ 

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company   ¨
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨






    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Common Stock ($0.01 par value)OTISNew York Stock Exchange
    0.318% Notes due 2026OTIS/26New York Stock Exchange
    2.875% Notes due 2027OTIS/27New York Stock Exchange
    0.934% Notes due 2031OTIS/31New York Stock Exchange
    Section 2—Financial Information
    Item 2.02. Results of Operations and Financial Condition.
    On July 23, 2025, Otis Worldwide Corporation (“Otis”) issued a press release announcing its second quarter 2025 results.
    The press release issued July 23, 2025 is furnished herewith as Exhibit No. 99 to this Report, and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference into any filing by Otis under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
    Section 9—Financial Statements and Exhibits
    Item 9.01. Financial Statements and Exhibits.
    (d) Exhibits.
    Exhibit
    Number
    Exhibit Description
    99
    Press Release, dated July 23, 2025, issued by Otis Worldwide Corporation.
    104Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.





    SIGNATURES
    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    OTIS WORLDWIDE CORPORATION
    (Registrant)
    Date: July 23, 2025By:
    /s/ CRISTINA MÉNDEZ
    Cristina Méndez
    Executive Vice President and Chief Financial Officer


    Get the next $OTIS alert in real time by email

    Crush Q3 2025 with the Best AI Executive Assistant

    Stay ahead of the competition with Tailforce.ai - your AI-powered business intelligence partner.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Tailforce.ai

    Recent Analyst Ratings for
    $OTIS

    DatePrice TargetRatingAnalyst
    7/25/2025Underperform → Peer Perform
    Wolfe Research
    7/15/2025$109.00Neutral → Overweight
    Analyst
    7/14/2025$109.00Hold
    Deutsche Bank
    12/12/2024$104.00Peer Perform → Underperform
    Wolfe Research
    12/5/2024$94.00Equal Weight → Underweight
    Barclays
    11/13/2024$97.00 → $113.00Neutral
    UBS
    10/8/2024Outperform → Peer Perform
    Wolfe Research
    9/6/2024$97.00Equal-Weight
    Morgan Stanley
    More analyst ratings

    $OTIS
    SEC Filings

    See more
    • Amendment: SEC Form SCHEDULE 13G/A filed by Otis Worldwide Corporation

      SCHEDULE 13G/A - Otis Worldwide Corp (0001781335) (Subject)

      7/24/25 4:18:11 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • SEC Form 10-Q filed by Otis Worldwide Corporation

      10-Q - Otis Worldwide Corp (0001781335) (Filer)

      7/24/25 4:14:24 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • Otis Worldwide Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Otis Worldwide Corp (0001781335) (Filer)

      7/23/25 6:12:50 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology

    $OTIS
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Otis Declares Quarterly Dividend of $0.42 per Share

      FARMINGTON, Conn., July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on September 5, 2025, to shareholders of record at the close of business on August 15, 2025. About Otis Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, in

      7/24/25 4:29:00 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • OTIS REPORTS SECOND QUARTER 2025 RESULTS

      Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook Second quarter 2025  •  Service net sales up 6% with organic sales up 4%... Service operating profit margin up 20 bps •  GAAP EPS down 3% and adjusted EPS down 1% •  Maintenance portfolio units up 4% •  Modernization orders up 22% at constant currency, backlog up 19%, up 16% at constant currency •  New Equipment orders down 1% at constant currency, up 11% excluding China First half 2025  •  Service net sales up 4% with organic sales up 4%... Service operating profit margin up 20 bps •  GAAP EPS down 15% and adjusted EPS up 2% •  GAAP cash flow fr

      7/23/25 6:15:00 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • Otis Second Quarter 2025 Earnings Advisory

      FARMINGTON, Conn., July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's second quarter results and 2025 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Otis investor relations ([email protected]) for alternative dial-in information. Additional inves

      7/9/25 7:00:00 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology

    $OTIS
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP, General Counsel Lafreniere Nora E. converted options into 10,435 shares and covered exercise/tax liability with 4,836 shares, increasing direct ownership by 22% to 30,526 units (SEC Form 4)

      4 - Otis Worldwide Corp (0001781335) (Issuer)

      7/24/25 4:47:52 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • SEC Form 4 filed by President, Otis US & Canada Armas Joseph Jay

      4 - Otis Worldwide Corp (0001781335) (Issuer)

      6/3/25 4:16:57 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • SEC Form 4 filed by Director Connors Nelda J

      4 - Otis Worldwide Corp (0001781335) (Issuer)

      5/16/25 4:50:13 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology

    $OTIS
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Otis Worldwide upgraded by Wolfe Research

      Wolfe Research upgraded Otis Worldwide from Underperform to Peer Perform

      7/25/25 8:52:50 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • Otis Worldwide upgraded by Analyst with a new price target

      Analyst upgraded Otis Worldwide from Neutral to Overweight and set a new price target of $109.00

      7/15/25 8:29:45 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • Deutsche Bank initiated coverage on Otis Worldwide with a new price target

      Deutsche Bank initiated coverage of Otis Worldwide with a rating of Hold and set a new price target of $109.00

      7/14/25 8:53:48 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology

    $OTIS
    Leadership Updates

    Live Leadership Updates

    See more
    • Otis Appoints Cristina Méndez Executive Vice President & Chief Financial Officer

      She succeeds Anurag Maheshwari to lead financial activities at Otis FARMINGTON, Conn., July 19, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Cristina Méndez as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective August 23, Méndez will succeed Anurag Maheshwari, who is pursuing an opportunity outside Otis.  "Cristina has deep expertise in financial management and extensive experience leading transformation within and outside Otis. She understands our long-term strategy and service-driven business model and how to drive growth and shareholder value," said Marks. "As a strategi

      7/19/24 8:29:00 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • Otis Publishes 2023 ESG Report

      Reinforces commitment to ESG in support of its business strategy FARMINGTON, Conn., June 12, 2024 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) published its 2023 ESG Report, describing its Environmental, Social and Governance (ESG) strategy and outlining progress on its 13 ESG goals. The Otis ESG strategy focuses on the key areas of Health & Safety, Environment & Impact, People & Communities, and Governance & Accountability. Progress made in each helps to drive value for stakeholders and to advance the company's business strategy across five strategic pillars: sustain New Equipment growth, accelerate Service portfolio growth, deliver modernization value, advance digitalization, an

      6/12/24 4:45:00 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • EXL Announces Appointment of Thomas Bartlett to Board of Directors and Retirement of Board Member Som Mittal

      NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- EXL (NASDAQ:EXLS), a leading data analytics and digital operations and solutions company, announced today that Thomas Bartlett has been appointed to EXL's board of directors as an independent director, effective March 6, 2024. Bartlett will serve on the board's audit committee and nominating and governance committee.   The company also announced that Som Mittal has notified the board that he will not stand for re-election at EXL's 2024 annual meeting of stockholders and therefore will be retiring from the board in June 2024. "We are excited to welcome Tom to the board," said Board Chair Vikram Pandit. "Tom brings a tremendous amount of experien

      3/7/24 4:01:00 PM ET
      $EXLS
      $OTIS
      Business Services
      Consumer Discretionary
      Consumer Electronics/Appliances
      Technology

    $OTIS
    Financials

    Live finance-specific insights

    See more
    • Otis Declares Quarterly Dividend of $0.42 per Share

      FARMINGTON, Conn., July 24, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE:OTIS) Board of Directors today declared a quarterly dividend of $0.42 per share of Otis' common stock. The dividend will be payable on September 5, 2025, to shareholders of record at the close of business on August 15, 2025. About Otis Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2.4 billion people a day and maintain approximately 2.4 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 72,000 people strong, including 44,000 field professionals, all committed to manufacturing, in

      7/24/25 4:29:00 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • OTIS REPORTS SECOND QUARTER 2025 RESULTS

      Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook Second quarter 2025  •  Service net sales up 6% with organic sales up 4%... Service operating profit margin up 20 bps •  GAAP EPS down 3% and adjusted EPS down 1% •  Maintenance portfolio units up 4% •  Modernization orders up 22% at constant currency, backlog up 19%, up 16% at constant currency •  New Equipment orders down 1% at constant currency, up 11% excluding China First half 2025  •  Service net sales up 4% with organic sales up 4%... Service operating profit margin up 20 bps •  GAAP EPS down 15% and adjusted EPS up 2% •  GAAP cash flow fr

      7/23/25 6:15:00 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • Otis Second Quarter 2025 Earnings Advisory

      FARMINGTON, Conn., July 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) will host a conference call on Wednesday, July 23, 2025, at 8:30 a.m. ET. Otis Chair, CEO & President Judy Marks and Executive Vice President & CFO Cristina Mendez will discuss the company's second quarter results and 2025 outlook. We encourage you to join through our webcast link. A corresponding presentation and news release will be available on www.otis.com prior to the call and a recording will be available on the website later in the day. If you are unable to join via the webcast, please contact Otis investor relations ([email protected]) for alternative dial-in information. Additional inves

      7/9/25 7:00:00 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology

    $OTIS
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Otis Worldwide Corporation

      SC 13G - Otis Worldwide Corp (0001781335) (Subject)

      10/10/24 12:36:28 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • SEC Form SC 13G/A filed by Otis Worldwide Corporation (Amendment)

      SC 13G/A - Otis Worldwide Corp (0001781335) (Subject)

      2/12/24 1:59:55 PM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology
    • SEC Form SC 13G/A filed by Otis Worldwide Corporation (Amendment)

      SC 13G/A - Otis Worldwide Corp (0001781335) (Subject)

      1/10/24 10:16:55 AM ET
      $OTIS
      Consumer Electronics/Appliances
      Technology