Otis Q4 2025 modernization orders up 43% to drive backlog 30% higher, adjusted free cash flow hits USD 817M

Reuters
Jan 28
Otis Q4 2025 modernization orders up 43% to drive backlog 30% higher, adjusted free cash flow hits USD 817M

Otis reported its earnings for the fourth quarter (Q4) and full year (FY) 2025, highlighting solid financial performance. In Q4 2025, organic sales increased by 1% for the company, with Service organic sales up 5%. Adjusted operating profit margin expanded by 70 basis points, and adjusted earnings per share $(EPS)$ rose by 11%. Modernization orders grew by 43%, and the backlog increased by 30%. Adjusted free cash flow for Q4 reached USD 817 million, up 20%. For the full year 2025, modernization orders saw growth of 26%, and Service organic sales increased by 5%. The adjusted operating profit margin expanded by 40 basis points. During the year, Otis returned approximately USD 1.5 billion to shareholders, supported by strong adjusted free cash flow. The company also reported growth in its digital ecosystem, with 1.1 million connected units, and launched new innovations, including the Gen3 product family in EMEA.

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