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Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $37.9 billion by market cap, the company offers elevators, escalators, and other moving products.
Shares of elevator giant have underperformed the broader market over the past year. OTIS has gained marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 11.5%. However, in 2025, OTIS stock is up 5.7%, surpassing the SPX’s marginal rise on a YTD basis.