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Otis (OTIS) Q1 FY25 earnings call

Earnings call· Mar 2025 (Q1 FY25)· Industrials· Apr 23, 2025

Source: earnings call transcript

Otis delivered solid Q1 FY25 results, driven by the resilience of its Service business, which saw strong organic sales and margin expansion. While New Equipment faced headwinds, particularly in China, the company is executing a strategic shift towards a more Service-driven model, adapting its cost structure, and mitigating tariff impacts. Management remains confident in its full-year profit and EPS growth outlook, expecting acceleration in the second half.

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OTIS operating KPIs by quarter

OTIS operating KPIs stated on its earnings calls, by fiscal quarter
KPIThis call Mar 2025 Q1 FY25 Dec 2025 Q4 FY25 Jun 2026 Q2 FY26Change vs prior quarter
Employees
72K I'm proud of our achievements over the last 5 years and thankful for our 72,000 colleagues who demonstrate our absolutes each and every day. Source: earnings call transcript
72K At the heart of this success are our 72,000 colleagues worldwide whose dedication to our purpose has made this possible. Source: earnings call transcript
72K I can tell you if you stop any Otis colleague who I really need to thank our 72,000 colleagues are working diligently every day but so many of them are customer-facing. Source: earnings call transcript
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Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.