Otis Worldwide Corporation OTIS NYSE

Otis Worldwide Corporation is a leading global manufacturer, installer, and servicer of elevators, escalators, and moving walkways. Operating since 1853 and headquartered in Farmington, Connecticut, the company serves residential, commercial, and infrastructure markets across the United States, China, and internationally. Through its New Equipment segment, Otis designs and installs passenger and freight elevators along with escalators for various building types. The Service segment generates recurring revenue through maintenance, repair, and modernization services, supported by a network of approximately 34,000 service mechanics operating roughly 1,400 branches and offices worldwide.