| OTIS - Otis Worldwide Corp Ordinary Shares (Industrials: Specialty Industrial Machinery) | Projected Earnings Date: 2025-10-22 (Delayed quote data 2025-09-16) |
|
|
|||||||||||||||||
|
|
|
| Company Profile | |
| 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. | |
| Disclaimer: All information provided is for informational purposes only and not intended for trading purposes or advice. The quotes and charts are not real time and have delays of at least 20 minutes. Data accuracy cannot be guaranteed as errors will occur. Please do not rely on the above information to make your stock/option trades. Neither OptionChance.com nor any of independent data providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. |