Company / R&D Expense
Otis Worldwide R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$152.0M
FY2025
5-year range
$152.0M / $163.0M
FY2021-FY2025
Trend
+0.0%
vs FY2024
Sector context
#56 of 174
Industrials
What the data says
At $152M, Otis Worldwide's r&d expense ranks #56 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 8 years, ranging from $152M in FY2025 to $181M in FY2018.
Based on SEC 10-K filings.
$152M in FY2025 with a 5-year CAGR of +0.0%.
Declined from $159M to $152M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +0.0%
- 5-Year CAGR
- +0.0%
- 10-Year CAGR
- -
Sector benchmark
#56 of 174 in IndustrialsTop 32% of 174This company $152.0M Sector average $273.7M
▼
-44.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.0%, indicating consistent growth.
- In FY2025, r&d expense increased 0.0% year-over-year.
- Ranks #56 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2018.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $152.0M | +0.0% |
| FY2024 | $152.0M | -4.4% |
| FY2023 | $159.0M | +4.6% |
| FY2022 | $152.0M | -6.7% |
| FY2021 | $163.0M | +7.2% |
| FY2020 | $152.0M | -6.7% |
| FY2019 | $163.0M | -9.9% |
| FY2018 | $181.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026