---
schema_version: "secwatch.filing_event.v1"
accession: "0001781335-21-000046"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2021-07-26T23:59:59+00:00"
generated_at: "2026-06-30T02:41:27.639753+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Otis Q2 2021: revenue $3.7B, adj EPS $0.79, raises FY2021 outlook

## Summary
- Q2 net sales $3.7B (+22.2%); GAAP EPS $0.76 (+46.2%), adj. EPS $0.79 (+41.1%).
- New Equipment orders +23.9% at constant currency; backlog +5% constant currency.
- Free cash flow $493M (151% conversion); YTD share repurchases $0.5B, target raised to $750M.
- FY2021 outlook raised: organic sales +7.5-8%, adj. EPS $2.89-$2.93, FCF $1.45-$1.5B.

## SEC filing metadata
- accession: 0001781335-21-000046
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2021-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000178133521000046/0001781335-21-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000178133521000046/otis-20210726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781335-21-000046
- JSON: https://secwatch.observer/filing/0001781335-21-000046.json
- Plain text: https://secwatch.observer/filing/0001781335-21-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.