Otis Worldwide Corporation (OTIS:NYSE) closed at $75.15 on October 23, 2026, down 0.60% on the day. The stock trades 20.5% below its 52-week high of $94.57 and 18.2% above its 52-week low of $63.58. Over the past year, it lost 18.3%. Otis Worldwide Corporation is part of the Miscellaneous sector.
In 252 trading sessions since October 23, 2025, OTIS closed higher on 120 days (48%). Its best day was October 22, 2026 (+4.49%) and its worst was March 18, 2026 (-6.67%). It never moved 10% or more in a single session.
Otis is the largest global elevator and escalator supplier by revenue. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp. Otis operates a razor and blade model where it manufactures and installs elevators at a low profit to build an installed base that will provide high profits from service in the years thereafter.
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Based on end-of-day data. For information only, not investment advice.