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Otis Worldwide (OTIS) investor relations material
Otis Worldwide Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Q3 2025 net sales rose 4% year-over-year to $3.7B, with organic sales up 2% and Service up 6–9%, while New Equipment declined 4–5%.
Adjusted EPS increased 9% to $1.05, while GAAP EPS declined 29% due to prior-year tax benefits; adjusted operating profit margin expanded by 20 bps to 17.1%.
Maintenance portfolio units grew 4%, modernization orders surged 27%, and backlog rose 22% at constant currency.
Share repurchases totaled ~$800M year-to-date, with $250M in Q3; board authorized a new $2B repurchase program.
Recognized by Time and Forbes for company and employer excellence; major projects secured globally.
Financial highlights
Q3 2025 net sales: $3.69–$3.7B (+4% YoY); organic sales up 2%.
Adjusted operating profit: $632M (margin 17.1%, up 20 bps); GAAP operating profit: $586M (margin 15.9%).
Adjusted EPS: $1.05 (+9% YoY); GAAP EPS: $0.95–$0.96 (-29% YoY).
Adjusted free cash flow: $337M in Q3, $766M YTD; operating cash flow YTD: $779M.
Gross margin for Q3: 30.7% (+30 bps YoY); Q3 net income attributable to shareholders: $374M.
Outlook and guidance
2025 net sales expected at $14.5B–$14.6B, organic growth ~1%; adjusted operating profit: $2.4B–$2.5B.
Adjusted EPS guidance: $4.04–$4.08, up 5–7%; adjusted free cash flow: ~$1.45B.
Service segment expected to drive growth; New Equipment faces challenges, especially in China.
UpLift and China transformation programs to deliver $200M–$240M in run-rate savings by end of 2025.
Americas and EMEA to grow low single digits; Asia to decline high single digits, with China down low teens.
Modernization's multi-year growth cycle outlook?
NE margin mitigation strategies?
FCF conversion rate return to 100% timeline?
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Next Otis Worldwide earnings date
Q4 202528 Jan, 2026
Next Otis Worldwide earnings date
Q4 202528 Jan, 2026
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Frequently asked questions
Otis Worldwide Corporation designs, manufactures, installs and services vertical transportation equipment worldwide. The Company operates in three segments: Otis Elevator Company (Otis Elevator), Otis International Europe, Middle East and Africa (IMEA) and Otis Escalator company. OEC's principal products include elevators, escalators and moving walks for commercial, industrial, institutional and residential buildings. Otis Worldwide Corporation is based in Farmington, Connecticut.
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