What Otis Worldwide Corp's SEC filings said

10-Q for 2026Q3, filed 29 Oct 2026. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

Guidance and Outlook65 · importance in its document · 8-K exhibit · 28 Oct 2026
On October 28, 2026, Otis maintained its full-year 2026 outlook. It expects net sales of $15.1 billion to $15.3 billion, with organic New Equipment sales down low single digits to flat and organic Service sales up mid- to high-single…
Balance Sheet and Liquidity61 · importance in its document · 10-Q · 2026Q3
At September 30, 2026, Otis had $866 million of cash and cash equivalents, with approximately 86% held by foreign subsidiaries, and total debt of $8,275 million. Net debt was $7,409 million, up from $6,860 million at December 31, 2025.…
Operating Cash Flow Trends59 · importance in its document · 10-Q · 2026Q3
Net cash provided by operating activities was approximately $1.0 billion for the nine months ended September 30, 2026, compared with $779 million in the same 2025 period. The increase primarily reflected higher net income and…
Revenue Performance and Mix55 · importance in its document · 10-Q · 2026Q3
For the quarter ended September 30, 2026, net sales were $3,914 million, up from $3,690 million a year earlier; nine-month sales were $11,339 million versus $10,635 million. Organic volume increased 6% for the quarter and 4% for the nine…
Capital Return Program50 · importance in its document · 10-Q · 2026Q3
The January 16, 2025 share repurchase authorization permits up to $2.0 billion of common-stock repurchases, with approximately $500 million remaining at September 30, 2026. Otis repurchased $807 million of common stock during the first…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 29 Oct 2026

Full report · Filing on EDGAR

Balance Sheet and LiquidityImportance 61
At September 30, 2026, Otis had $866 million of cash and cash equivalents, with approximately 86% held by foreign subsidiaries, and total debt of $8,275 million. Net debt was $7,409 million, up from $6,860 million at…
Operating Cash Flow TrendsImportance 59
Net cash provided by operating activities was approximately $1.0 billion for the nine months ended September 30, 2026, compared with $779 million in the same 2025 period. The increase primarily reflected higher net…
Revenue Performance and MixImportance 55
For the quarter ended September 30, 2026, net sales were $3,914 million, up from $3,690 million a year earlier; nine-month sales were $11,339 million versus $10,635 million. Organic volume increased 6% for the quarter…
Capital Return ProgramImportance 50
The January 16, 2025 share repurchase authorization permits up to $2.0 billion of common-stock repurchases, with approximately $500 million remaining at September 30, 2026. Otis repurchased $807 million of common stock…
Restructuring and HeadcountImportance 46
Other restructuring costs totaled $23 million for the nine months ended September 30, 2026, including $19 million for 2026 actions and $4 million for 2025 actions. UpLift restructuring actions generated about $103…
Market Demand TrendsImportance 41
For the quarter ended September 30, 2026, New Equipment organic sales increased 3%, with low-teens growth in the Americas, high-single-digit growth in Asia Pacific and mid-single-digit growth in EMEA, partly offset by…
Geographic Market CommentaryImportance 41
New Equipment organic sales increased at low-teens rates in the Americas, at high-single-digit rates in Asia Pacific, and at a mid-single-digit rate in EMEA during the third quarter of 2026. These gains were partly…
Gross Margin DriversImportance 31
Gross margin was $1,155 million for the quarter and $3,373 million for the nine months ended September 30, 2026. Gross margin percentage declined 120 basis points year over year for the quarter to 29.5% and 60 basis…
Income Tax Rate ChangesImportance 25
The effective tax rate declined to 22.8% from 24.8% for the third quarter of 2026 and to 22.2% from 23.9% for the first nine months. The decrease primarily reflected a reduction in current tax liability following the…
Operating Expense TrendsImportance 23
Selling, general and administrative expense declined $15 million year over year in the third quarter of 2026, while increasing $52 million for the first nine months. Quarterly expense reductions reflected lower…
Capital ExpendituresImportance 18
Capital expenditures were $116 million during the nine months ended September 30, 2026, compared with $107 million in the first nine months of 2025. Investing activities used $255 million of net cash in 2026, including…

8-K filings last 12 months

Guidance reaffirmed28 Oct 2026 · 8-K Item 2.02 · Routine · rule score 15
“Service operating profit margin improved sequentially; broadly maintaining full year outlook Third quarter 2026”
Read from the attached exhibit: Guidance and Outlook · Balance Sheet and Liquidity · Capital Return Program
CEO exit, planned succession15 Sept 2026 · 8-K Item 5.02 · Flagged · rule score 60
“On September 15, 2026, Otis Worldwide Corporation (the “Company”) announced that the Board of Directors of the Company (the “Board”) and Judith F. Marks, the Company’s Chair, Chief Executive Officer and President, have agreed that Ms.…”
Read from the attached exhibit: Leadership Transition · Capital Return Program · Service Profit Mix
Results (release not read)22 Jul 2026 · 8-K Item 2.02 · Routine · rule score 20
Results (release not read)22 Apr 2026 · 8-K Item 2.02 · Routine · rule score 20
Results (release not read)28 Jan 2026 · 8-K Item 2.02 · Routine · rule score 20
Other officer change20 Jan 2026 · 8-K Item 5.02 · Routine · rule score 15
“On January 13, 2026, the Board of Directors appointed Enrique Miñarro Viseras to serve as Chief Operating Officer, effective January 16, 2026.”

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.