Company Otis Worldwide Corporation

Equities

OTIS

US68902V1070

Heavy Electrical Equipment

Market Closed - Nyse 01:30:02 01/05/2024 am IST 5-day change 1st Jan Change
91.2 USD -2.32% Intraday chart for Otis Worldwide Corporation -6.43% +1.93%

Business Summary

Otis Worldwide Corporation is one of the world's leading manufacturers, installers and maintainers of lifting systems. The group provides elevators, escalators and conveyors to residential buildings, shopping centers, public transportation facilities, hotels, hospitals and industrial buildings. Net sales break down by activity as follows:

- maintenance and repair services (59.1%);

- sale of elevation systems (40,9%).

Net sales are distributed geographically as follows: the United States (28.4%), China (17.2%) and other (54.4%).

Number of employees: 71,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Service
59.1 %
7,821 57.2 % 8,397 59.1 % +7.36%
New Equipment
40.9 %
5,864 42.8 % 5,812 40.9 % -0.89%

Sales per region

USD in Million2022Weight2023Weight Delta
Other
54.4 %
7,278 53.2 % 7,735 54.4 % +6.28%
United States
28.4 %
3,834 28.0 % 4,030 28.4 % +5.11%
China
17.2 %
2,573 18.8 % 2,444 17.2 % -5.01%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 16/20/16
Director of Finance/CFO 50 01/20/01
Chief Tech/Sci/R&D Officer - 01/22/01
Chief Operating Officer - 01/19/01
Investor Relations Contact - -
Corporate Secretary - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 10/22/10
Sales & Marketing 55 01/90/01
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 03/20/03
Director/Board Member 65 27/23/27
Director/Board Member 68 03/20/03
Director/Board Member 66 03/20/03
Chief Executive Officer 60 16/20/16
Director/Board Member 70 03/20/03
Director/Board Member 58 28/22/28
Director/Board Member 69 17/20/17
Director/Board Member 57 03/20/03
Director/Board Member 60 27/23/27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 438,022,811 403,768,055 ( 92.18 %) 33,700,000 ( 7.694 %) 92.18 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
11.29 %
45,773,358 11.29 % 4 544 M $
BlackRock Advisors LLC
6.303 %
25,557,161 6.303 % 2 537 M $
AllianceBernstein LP
4.779 %
19,375,141 4.779 % 1 923 M $
15,644,435 3.858 % 1 553 M $
Eaton Vance Management
3.142 %
12,737,362 3.142 % 1 264 M $
Geode Capital Management LLC
2.582 %
10,468,126 2.582 % 1 039 M $
Capital Research & Management Co. (Global Investors)
2.173 %
8,811,307 2.173 % 875 M $
JPMorgan Investment Management, Inc.
1.984 %
8,043,615 1.984 % 798 M $
BlackRock Life Ltd.
1.907 %
7,731,911 1.907 % 768 M $
7,558,623 1.864 % 750 M $

Company contact information

Otis Worldwide Corp.

1 Carrier Place

06032, Farmington

+860 674 3000

http://www.otis.com
address Otis Worldwide Corporation(OTIS)

Group companies

NameCategory and Sector
Building Products
Building Products
Building Products
Miscellaneous
Building Products
Juniper Holdings SARL
Industrial Machinery
Building Products
Building Products
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