Market Capitalization (Millions $) |
40,853 |
Shares
Outstanding (Millions) |
415 |
Employees |
70,000 |
Revenues (TTM) (Millions $) |
14,209 |
Net Income (TTM) (Millions $) |
1,498 |
Cash Flow (TTM) (Millions $) |
85 |
Capital Exp. (TTM) (Millions $) |
138 |
Otis Worldwide Corporation
Otis Worldwide Corporation is a leading global manufacturer of elevators, escalators, and moving walkways. The company was founded by Elisha Otis in 1853 and has since become a household name in the industry, with its products used in buildings worldwide.
The company designs, manufactures, installs, and provides maintenance services for its products, serving customers in more than 200 countries around the world. Otis offers a wide variety of elevator and escalator solutions, from low-rise commercial and residential buildings to high-rise and mega tall structures.
Otis has a long history of innovation, with numerous patents to its name for elevators and related technologies. The company has also been at the forefront of sustainability efforts, developing energy-efficient elevators and escalators that reduce energy consumption and carbon emissions.
In addition to its products and services, Otis has a strong commitment to safety. The company provides comprehensive safety training for its employees and offers safety solutions for its customers, such as emergency communication systems and protective barriers.
Otis Worldwide Corporation has a diverse workforce of more than 69,000 employees, operating out of more than 1,500 locations worldwide. The company is headquartered in Farmington, Connecticut, and is a subsidiary of United Technologies Corporation (UTC), which is expected to merge with Raytheon Technologies in April 2020 to form a new company named Raytheon Technologies. The Otis brand, however, will remain intact.
Company Address: One Carrier Place Farmington 6032 CT
Company Phone Number: 674-3000 Stock Exchange / Ticker: NYSE OTIS
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