---
schema_version: "secwatch.filing_event.v1"
accession: "0001781335-25-000004"
form_type: "8-K"
ticker: "OTIS"
cik: "0001781335"
company_name: "Otis Worldwide Corp"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:11:53.392010+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Otis FY24 adj EPS $3.83 (+8.2%), record FCF $1.6B; Q4 mod orders +18%; FY25 guide EPS $4.00-$4.10

## Summary
- Full year 2024 net sales $14.3B, organic +1.4%; GAAP EPS $4.07 (+20.1% YoY), adjusted EPS $3.83 (+8.2%).
- Q4 service sales +7.6% organic; maintenance portfolio grew 4.2% to ~2.4M units; modernization orders +18%, backlog +10%.
- Q4 GAAP cash from ops $690M; adjusted FCF $682M; full year adjusted FCF $1.6B (highest since spin); share repurchases $1.0B.
- FY2025 outlook: organic sales +2-4%, adj EPS $4.00-$4.10, adj FCF ~$1.6B.

## SEC filing metadata
- accession: 0001781335-25-000004
- form_type: 8-K
- ticker: OTIS
- cik: 0001781335
- company_name: Otis Worldwide Corp
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781335/000178133525000004/0001781335-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781335/000178133525000004/otis-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781335-25-000004
- JSON: https://secwatch.observer/filing/0001781335-25-000004.json
- Plain text: https://secwatch.observer/filing/0001781335-25-000004.txt

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