As of June 7, 2025, Otis Worldwide Corp (OTIS) reports a Net Margin of 11.53%.
Net Margin shows the share of revenue that becomes profit after all costs, reflecting overall profitability.
Historical Trend of Otis Worldwide Corp's Net Margin
Over recent years, Otis Worldwide Corp's Net Margin has shown a moderate pattern. The table below summarizes the historical values:
| Date | Net Margin |
|---|---|
| 2024-12-31 | 11.53% |
| 2023-12-31 | 9.90% |
| 2022-12-31 | 9.16% |
| 2021-12-31 | 8.71% |
| 2020-12-31 | 7.10% |
This steady improvement highlights how Otis Worldwide Corp manages its overall profitability and cost control over time.
Comparing Otis Worldwide Corp's Net Margin to Peers
To better understand Otis Worldwide Corp's position, it's useful to compare its Net Margin against industry peers. Below are selected comparisons:
| Company | Net Margin |
|---|---|
| Otis Worldwide Corp (OTIS) | 11.53% |
| John Bean Technologies Corp (JBT) | 35.00% |
| Dover Corp (DOV) | 34.82% |
| Graco Inc (GGG) | 23.00% |
| Illinois Tool Works Inc (ITW) | 21.94% |
| Snap-On Inc (SNA) | 20.43% |
Compared to its competitors, Otis Worldwide Corp's Net Margin is about average compared to peers, reflecting typical industry profitability.