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Otis Worldwide — Third Quarter 2026 Earnings Summary

Otis Worldwide Corporation reported third-quarter 2026 net sales of $3.9 billion, representing a 6% increase driven by 8% growth in Service net sales and 3% growth in New Equipment net sales. The company achieved a Service operating profit margin of 24.2%, a sequential improvement of 100 basis points, while maintaining full-year guidance for net sales between $15.1 billion and $15.3 billion. Operating cash flow for the quarter totaled $337 million, with adjusted free cash flow reaching $272 million, and the company returned approximately $1.3 billion to shareholders through share repurchases and dividends year-to-date.

Company
OTIS WORLDWIDE CORP
Sector
Industrials
Industry
Specialty Industrial Machinery