• Otis Worldwide average net profit margin for 2023 was 9.67%, a 8.41% increase from 2022.
• Otis Worldwide average net profit margin for 2022 was 8.92%, a 6.44% increase from 2021.
• Otis Worldwide average net profit margin for 2021 was 8.38%, a 15.27% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.