Otis released its earnings for the full year 2025, reporting net sales and key financial metrics. Net income attributable to shareholders for FY 2025 was USD 1.38 billion. Noncontrolling interest in subsidiaries’ earnings amounted to USD 71 million for the same period. Otis reported a decrease in net income attributable to shareholders in FY 2025, primarily driven by a higher effective tax rate and increased interest expenses. These impacts were partially offset by higher operating profit, including the effect of foreign exchange rates, and lower noncontrolling interest in subsidiaries’ earnings. The company continues to operate through its two main segments: New Equipment, which covers the design, manufacture, sale, and installation of passenger and freight elevators, escalators, and moving walkways; and Service, which provides maintenance and repair services. Otis remains focused on serving real estate and infrastructure projects worldwide and maintains its position as a leading global elevator and escalator manufacturer and service provider.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otis Worldwide Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001781335-26-000011), on February 05, 2026, and is solely responsible for the information contained therein.
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