Otis Worldwide Corp
Otis Worldwide Corporation, doing business as its former legal name Otis Elevator Company and styled as OTIS, is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.
Basic company information
Each field links to its source. Financial figures retain their reporting periods; background references are identified in the source list.
- Company / filing name
- Otis Worldwide Corp [1]
- Headquarters location
- Farmington [2]
- Founded
- 1853 [2]
- Founders
- Elisha Otis [2]
- Official website
- www.otis.com ↗ [2]
- Annual revenue
- USD 13,685,000,000 · reported year 2022 [2]
- ISIN (reported securities)
- US68902V1070 [2]
- CIK
- 1781335 [1]
- Country in background record
- United States [2]
- Symbols / exchanges
- OTIS (NYSE) [1]
Company positioning and business
Otis Worldwide Corporation, doing business as its former legal name Otis Elevator Company and styled as OTIS, is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. [3]
Based in Farmington, Connecticut, U.S., Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, escalators, and moving walkways. It currently has a market share of 18%. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism that locked the elevator car in place against hoisting rope failure. [3]
The Otis Elevator Company was acquired by United Technologies in 1976, and was spun off as an independent company 44 years later in April 2020. [3]
Background text: Wikipedia contributors, Otis Worldwide. Selected introductory paragraphs, licensed under CC BY-SA 4.0. Official filing data is cited separately.
Understanding company scale
Annual revenue: USD 13,685,000,000 · reported year 2022. [2]
Financial year, securities and disclosures
Listed securities: OTIS (NYSE). Multiple symbols may represent different share classes or securities of the same registrant. [1]
History and key events
Founding / inception date recorded in Wikidata. [2]
Financial results and regulatory disclosures
No individual financial documents have been indexed yet. Open the source to consult company disclosures. [1]
Related entities and concepts
Frequently asked questions
When was Otis Worldwide Corp founded?
Founded: 1853. The linked source provides the background record. [2]
Where is the headquarters of Otis Worldwide Corp?
Headquarters location: Farmington. The linked source provides the background record. [2]
Sources and review dates
- Company identity and profile data ↗
- Wikidata — company background record (CC0) ↗
- Wikipedia contributors — Otis Worldwide (CC BY-SA 4.0) ↗
Reviewed 23 October 2026. Financial periods and historical event dates are shown separately. Figures reflect their stated source dates; this page is not a live quote or investment recommendation.