Latest Otis News & Updates

See the latest news and media coverage for Otis. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Otis

Manufacturer and maintainer of elevators, escalators, and moving walkways

otis.com
Headquarters
United States
Founded year
1853
Company type
Public company
Number of employees
30,000+
Industry
Heavy Electrical Equipment

Last updated

Latest news about Otis

In short: Otis announced a succession plan for CEO Judy Marks and revised its financial outlook amid rising service costs and material headwinds.

Company announcements

Otis

Otis' Q2 2026 net sales grew 7%

Growth was supported by all service lines and sequential improvement in new equipment trends, with strong modernization and repair sales.

Otis

Otis named to TIME's inaugural America's Best Companies list

It ranked top five for Sustainability Transparency in the Engineering, Manufacturing & Medical Technology category based on employee surveys, financial data and sustainability reporting.

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Media coverage

Yahoo Finance

Otis Worldwide Stock: Analyst Estimates & Ratings

While Otis Worldwide has underperformed the broader market over the past year, Wall Street analysts are moderately optimistic about the stock’s prospects...

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