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.

Company icon
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+

Last updated

Latest news about Otis

In short: Otis grew first-quarter 2026 sales by 6% to $3.57 billion and expanded its service portfolio while securing major infrastructure contracts globally.

Company announcements

Otis

Otis announces solid Q1 2026 results

Net sales rose 6%. All service lines grew, led by 16% repair growth. Modernization orders up 11%, backlog up 30% at constant currency.

Otis

Otis announces 5% quarterly dividend increase

The Board declares $0.44 per share, payable June 12, 2026 to shareholders of record May 15, 2026. CEO Judy Marks highlights strong service business and capital allocation.

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Media coverage

Barron's

7 Industrial Stocks to Buy and 1 to Avoid

The firm has seven new Buy ratings and one Sell within what it calls the multi-industry and electrical equipment sectors. “We are positive on our...

Yahoo Finance

Is Otis Worldwide Stock Underperforming the S&P 500?

Bull and bear on a tablet_Image by Ice stocker via Shutterstock Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs,...

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