Companies
Otis Worldwide
Industrial manufacturingFarmington, ConnecticutOTISAbout 72,000 employees
More about Otis Worldwide
Maker of elevators, escalators and moving walkways that also installs, services and modernizes them worldwide
Revenue
$14.4B
Fiscal 2025, up 1.2%
Employees
About 72,000
As of December 2025, incl. about 45,000 field professionals
Stock
OTIS
New York Stock Exchange
Headquarters
Farmington, Connecticut
CEO
Judith Marks
CEO since 2019; will retire by July 2027 once a successor is found
Main businessesNew Equipment, Service
Current strategyGrowing its service business, 65% of 2025 sales, after completing the UpLift operating model overhaul with about $200M in run-rate savings
CompetitorsKone, Schindler, TK Elevator
Related companiesCarrier Global
Checked October 11, 2026 · Sources: sec.gov, sec.gov (2), sec.gov (3)
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