Otis Worldwide Operating Margin 2019-2025 | OTIS
- Otis Worldwide average operating margin for 2024 was 14.8%, a 2.7% decline from 2023.
- Otis Worldwide average operating margin for 2023 was 15.21%, a 3.05% decline from 2022.
- Otis Worldwide average operating margin for 2022 was 14.76%, a 3.36% increase from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.