/Otis%20Worldwide%20Corp%20company%20sign-by%20JHVEPhoto%20via%20Shutterstock.jpg)
Farmington, Connecticut-based Otis Worldwide Corporation (OTIS) manufactures, installs, and services building systems. Valued at $28.1 billion by market cap, the company offers elevators, escalators, and other moving products.
Shares of elevator giant have underperformed the broader market over the past year. OTIS has declined 23.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.3%. In 2026, OTIS stock is down 16.4%, compared to the SPX’s 9.6% rise on a YTD basis.