Otis Worldwide (OTIS) Tops Q2 EPS by 2c

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OTIS REPORTS SECOND QUARTER 2025 RESULTS

July 23, 2025 6:16 AM EDT

Otis delivers mid-single digit organic Service sales growth and continued Service operating profit margin expansion and reconfirms 2025 EPS outlook

Second quarter 2025

Service net sales up 6% with organic sales up 4%... Service operating profit margin up 20 bps
GAAP EPS down 3% and adjusted EPS down 1%
Maintenance portfolio units up 4%
Modernization orders up 22% at constant currency, backlog up 19%, up 16% at constant currency
New Equipment orders down 1% at constant currency, up 11% excluding China

First half 2025

Service net sales up 4% with organic sales up 4%... Service operating... More