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Added to YB: 2025-05-27

Pitch date: 2025-05-24

OTIS [neutral]

Otis Worldwide Corporation

-8.4%

current return

Author Info

No bio for this author

Company Info

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally.

Market Cap

$34.3B

Pitch Price

$96.23

Price Target

N/A

Dividend

1.91%

EV/EBITDA

15.50

P/E

25.99

EV/Sales

2.94

Sector

Machinery

Category

turnaround

Show full summary:
Quercus Fund Portfolio Holding: Otis Worldwide Corporation

OTIS (holding update): Restructuring China ops for smaller New Equipment market while growing services/modernization. Short-term results impacted, but long-term shift positive with better returns, improved margins and more recurring revenue after normalization.

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