What is the primary revenue source for Otis Worldwide (OTIS)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze OTIS's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Otis Worldwide's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Otis Worldwide Makes Money: OTIS Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Steady

Revenue and operating profit grew together, indicating healthy core operations.

The largest revenue segment accounts for 67.3% of revenue, indicating concentration.

Operating margin improved by 1.21 percentage points year over year.

Revenue: USD 7.42B
Largest revenue segment share (Service): 67.30%
Cost of revenue: USD 2.04B
Selling, general and administrative: USD 1.03B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of sales · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general and administrative · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Service)Service · segment_value / revenue * 100
Operating marginTotal segment operating profit · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Watch

Current assets do not cover near-term liabilities, indicating short-term funding pressure.

Accounts receivable: USD 3.98B
Goodwill: USD 1.79B
Cash and cash equivalents: USD 813.00M
Total liabilities: USD 16.61B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Total liabilitiesTotal liabilities · Liabilities
Cash and cash equivalentsCash and cash equivalents · CashAndCashEquivalentsAtCarryingValue
GoodwillGoodwill · Goodwill
Accounts receivableAccounts receivable (net of allowance for expected credit losses of $129 and $125) · AccountsReceivableNetCurrent

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 88.54% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 768.00M
Operating cash flow: USD 680.00M
Cash conversion: 88.54%
Free cash flow: USD 603.00M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Net incomeNet income attributable to otis worldwide corporation · NetIncomeLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 330.00M
Share repurchases: USD 807.00M
Net shareholder return: USD 1.14B

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?