Otis Worldwide (MEX:OTIS) Research & Development: MXN2,799 Mil (TTM As of Mar. 2026)


MEX:OTIS Otis Worldwide Corp MEX:OTIS
67 GF Score
Price MXN1,230.00
GF Value MXN1,691.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Otis Worldwide Research & Development?

Otis Worldwide MEX:OTIS 67 Research & Development is MXN2,799 Mil as of Mar. 2026. GuruFocus rates MEX:OTIS with a GF Score™ of 67/100 and a GF Value™ of MXN1,691.23 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Otis Worldwide's Research & Development for the three months ended in Mar. 2026 was MXN685 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was MXN2,799 Mil.

Otis Worldwide  (MEX:OTIS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Otis Worldwide Research & Development Related Terms

Otis Worldwide Research & Development Historical Data

* Premium members only.

The historical data trend for Otis Worldwide's Research & Development 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.

Otis Worldwide Research & Development Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only 3,261.73 2,924.40 2,444.29 3,170.07 2,736.87

Otis Worldwide Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 756.95 715.51 660.39 738.23 685.24
MEX:OTIS
67GF Score
Otis Worldwide Corp MEX:OTIS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Otis Worldwide Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN2,799 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MXN2,799 Mil mean?
Otis Worldwide (MEX:OTIS) has a Research & Development of MXN2,799 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Otis Worldwide and its competitors.
Is Otis Worldwide's Research & Development too high?
Otis Worldwide's current Research & Development is MXN2,799 Mil. Overall, Otis Worldwide has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otis Worldwide's Research & Development compare to IR and XYL?
Otis Worldwide's Research & Development of MXN2,799 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Otis Worldwide and its competitors. Otis Worldwide's current Research & Development is MXN2,799 Mil. 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 Significantly Undervalued. The stock's GF Value™ is MXN1,691.23, compared to a current price of MXN1,230.00 — trading 27.3% below its estimated fair value. The current Research & Development is MXN2,799 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Otis Worldwide (MEX:OTIS), the current Research & Development is MXN2,799 Mil 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 27.3% below its estimated GF Value™ of MXN1,691.23. GuruFocus considers Otis Worldwide to be Significantly Undervalued.

Key valuation signals for MEX:OTIS:

  • Research & Development: MXN2,799 Mil
  • GF Value™: MXN1,691.23 vs. price of MXN1,230.00 (27.3% below fair value)
  • GF Score™: 67/100 with 3 warning signs

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 Worldwide Business Description

Address One Carrier Place, Farmington, CT, USA, 06032
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

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,230.00
Price
MXN1,691.23
GF Value