Machinery
Price
$73.14
+3.54%Market Cap
$28.06B
Day High
$73.23
Day Low
$71.06
Otis delivered a strong Q1 FY2026 with revenue up 6.4% to $3.57B, operating income surging 31.1% to $539M, and net income jumping 39.9% to $340M, driven by significant margin expansion and robust cash flow generation.
Key risk: Persistently Negative Stockholders' Equity
Otis carries a deeply negative stockholders' equity of -$5.680B, which worsened 10.8% year-over-year from -$5.128B. This structural deficit, a legacy of its spin-off from United Technologies, limits financial flexibility and may concern lenders or counterparties evaluating balance sheet health.
Other Industrial Machinery & Supplies & Components companies