Otis WorldwideMEX:OTIS 67 Gross Margin % is 30.34% as of Mar. 2026, which is 3% above its 10-year median of 29.51. GuruFocus rates MEX:OTIS with a GF Score™ of 67/100 and a GF Value™ of MXN1,701.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,997 Industrial Products companies, Otis Worldwide ranks better than 59.36% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Otis Worldwide had a gross margin of 30.34% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Otis Worldwide Gross Margin % Related Terms
Otis Worldwide Gross Margin % Historical Data
* Premium members only.
The historical data trend for Otis Worldwide's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:OTIS vs INIO, XYL, DOV: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, Otis Worldwide's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Otis Worldwide Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Otis Worldwide's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Otis Worldwide's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Otis Worldwide (MEX:OTIS) has a Gross Margin % of 30.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Otis Worldwide and its competitors. This is near median its historical median of 29.51. Over the past decade, Otis Worldwide's Gross Margin % has ranged from 28.64 to 30.39. According to the industry distribution chart, Otis Worldwide ranks #1218 out of 2997 companies in the Industrial Products industry, placing it in the top 40.6%.
Is Otis Worldwide's Gross Margin % too high?
Otis Worldwide's current Gross Margin % of 30.34% is near median its 10-year median of 29.51. Over the past 10 years, this metric has ranged from a low of 28.64 to a high of 30.39. The Industrial Products industry median Gross Margin % is 26.81. Otis Worldwide's value of 30.34% is 13.2% above this industry median. Based on the distribution chart, Otis Worldwide ranks #1218 out of 2997 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Otis Worldwide has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otis Worldwide's Gross Margin % compare to INIO and XYL?
According to the Industrial Products industry distribution chart, Otis Worldwide ranks #1218 out of 2997 companies for Gross Margin %. This puts Otis Worldwide in the upper half of its industry. The industry median Gross Margin % is 26.81. Otis Worldwide's value of 30.34% is 13.2% above this benchmark. Historically, Otis Worldwide's own Gross Margin % has ranged from 28.64 to 30.39 over the past decade. While the company's 10-year median is 29.51 vs. the industry median of 26.81, Otis Worldwide has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,997 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Otis Worldwide's current Gross Margin % of 30.34% is 13.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Otis Worldwide and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otis Worldwide's current Gross Margin % is 30.34%, which is near median its own 10-year median of 29.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otis Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Otis Worldwide (MEX:OTIS) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,701.40, compared to a current price of MXN1,230.00 — trading 27.7% below its estimated fair value. The current Gross Margin % is 30.34%, which is near median its 10-year median of 29.51 and 13.2% above the Industrial Products industry median of 26.81. Otis Worldwide's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Otis Worldwide (MEX:OTIS), the current Gross Margin % is 30.34% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Otis Worldwide (MEX:OTIS) Overvalued in 2026?
Based on GuruFocus' analysis, Otis Worldwide stock appears to be undervalued.
The current stock price of MXN1,230.00 is trading 27.7% below its estimated GF Value™ of MXN1,701.40.
GuruFocus considers Otis Worldwide to be Modestly Undervalued.
Key valuation signals for MEX:OTIS:
Gross Margin %: 30.34% (near median its 10-year median of 29.51)
GF Value™: MXN1,701.40 vs. price of MXN1,230.00 (27.7% below fair value)
Industry Position: 13.2% above the Industrial Products median (#1218 of 2997)
No single metric tells the full story. See the MEX:OTIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
67GF Score
Get the complete analysis for MEX:OTIS
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:OTIS has been successfully added to your 
