Buy & Sell Otis Worldwide Corp (OTIS) – Otis Worldwide Corp Price Today
Aura AI Summary
Key Stats
- $27.15BMarket Cap
- IndustrialsSector
- -17.59%3M Drawdown
- $34.53BEnterprise Value
- 2.4%Dividend Yield
- 61 daysTypical Hold Time
Otis Worldwide Corp (OTIS) is currently valued at a market capitalization of $27.15B, with an enterprise value of $34.53B. Over the past 52 weeks, Otis Worldwide Corp has traded between a low of $69.34 and a high of $101.07, highlighting its annual price range. Over the past three months, Otis Worldwide Corp has recorded a drawdown of -17.59%, reflecting recent price volatility. Otis Worldwide Corp offers a dividend yield of 2.4%, with the most recent dividend of $0.44 paid on 15 May 26. On average, investors hold Otis Worldwide Corp for approximately 61 days, indicating typical investor behavior on the platform.
About Otis Worldwide Corp
Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. 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.
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