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Side-by-side financial comparison of Otis Worldwide (OTIS) and Sherwin-Williams (SHW). Click either name above to swap in a different company.

Sherwin-Williams is the larger business by last-quarter revenue ($5.7B vs $3.6B, roughly 1.6× Otis Worldwide). Otis Worldwide runs the higher net margin — 9.5% vs 9.4%, a 0.1% gap on every dollar of revenue. On growth, Sherwin-Williams posted the faster year-over-year revenue change (6.8% vs 1.0%). Over the past eight quarters, Otis Worldwide's revenue compounded faster (-0.5% CAGR vs -4.9%).

Otis Worldwide Corporation styled as OTIS is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment.

Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.

OTIS vs SHW — Head-to-Head

Bigger by revenue
SHW
SHW
1.6× larger
SHW
$5.7B
$3.6B
OTIS
Growing faster (revenue YoY)
SHW
SHW
+5.8% gap
SHW
6.8%
1.0%
OTIS
Higher net margin
OTIS
OTIS
0.1% more per $
OTIS
9.5%
9.4%
SHW
Faster 2-yr revenue CAGR
OTIS
OTIS
Annualised
OTIS
-0.5%
-4.9%
SHW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OTIS
OTIS
SHW
SHW
Revenue
$3.6B
$5.7B
Net Profit
$340.0M
$534.7M
Gross Margin
49.1%
Operating Margin
15.1%
Net Margin
9.5%
9.4%
Revenue YoY
1.0%
6.8%
Net Profit YoY
39.9%
6.1%
EPS (diluted)
$0.87
$2.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OTIS
OTIS
SHW
SHW
Q1 26
$3.6B
$5.7B
Q4 25
$3.8B
$5.6B
Q3 25
$3.7B
$6.4B
Q2 25
$3.6B
$6.3B
Q1 25
$3.4B
$5.3B
Q4 24
$3.7B
$5.3B
Q3 24
$3.5B
$6.2B
Q2 24
$3.6B
$6.3B
Net Profit
OTIS
OTIS
SHW
SHW
Q1 26
$340.0M
$534.7M
Q4 25
$374.0M
$476.8M
Q3 25
$374.0M
$833.1M
Q2 25
$393.0M
$754.7M
Q1 25
$243.0M
$503.9M
Q4 24
$337.0M
$480.1M
Q3 24
$540.0M
$806.2M
Q2 24
$415.0M
$889.9M
Gross Margin
OTIS
OTIS
SHW
SHW
Q1 26
49.1%
Q4 25
48.5%
Q3 25
49.2%
Q2 25
49.4%
Q1 25
48.2%
Q4 24
48.6%
Q3 24
49.1%
Q2 24
48.8%
Operating Margin
OTIS
OTIS
SHW
SHW
Q1 26
15.1%
Q4 25
15.5%
11.4%
Q3 25
15.9%
16.7%
Q2 25
15.2%
15.6%
Q1 25
12.3%
12.3%
Q4 24
14.4%
11.6%
Q3 24
10.2%
21.4%
Q2 24
15.8%
22.5%
Net Margin
OTIS
OTIS
SHW
SHW
Q1 26
9.5%
9.4%
Q4 25
9.9%
8.5%
Q3 25
10.1%
13.1%
Q2 25
10.9%
12.0%
Q1 25
7.3%
9.5%
Q4 24
9.2%
9.1%
Q3 24
15.2%
13.1%
Q2 24
11.5%
14.2%
EPS (diluted)
OTIS
OTIS
SHW
SHW
Q1 26
$0.87
$2.15
Q4 25
$0.95
$1.91
Q3 25
$0.95
$3.35
Q2 25
$0.99
$3.00
Q1 25
$0.61
$2.00
Q4 24
$0.85
$1.90
Q3 24
$1.34
$3.18
Q2 24
$1.02
$3.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OTIS
OTIS
SHW
SHW
Cash + ST InvestmentsLiquidity on hand
$834.0M
$216.9M
Total DebtLower is stronger
$6.9B
$11.7B
Stockholders' EquityBook value
$4.4B
Total Assets
$10.5B
$26.4B
Debt / EquityLower = less leverage
2.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTIS
OTIS
SHW
SHW
Q1 26
$834.0M
$216.9M
Q4 25
$1.1B
$207.2M
Q3 25
$840.0M
$241.5M
Q2 25
$688.0M
$269.8M
Q1 25
$1.9B
$199.8M
Q4 24
$2.3B
$210.4M
Q3 24
$827.0M
$238.2M
Q2 24
$942.0M
$200.0M
Total Debt
OTIS
OTIS
SHW
SHW
Q1 26
$6.9B
$11.7B
Q4 25
$7.8B
$9.7B
Q3 25
$7.7B
$9.7B
Q2 25
$7.2B
$9.0B
Q1 25
$8.4B
$9.0B
Q4 24
$8.3B
$9.2B
Q3 24
$6.9B
$9.2B
Q2 24
$6.8B
$9.0B
Stockholders' Equity
OTIS
OTIS
SHW
SHW
Q1 26
$4.4B
Q4 25
$-5.4B
$4.6B
Q3 25
$-5.4B
$4.4B
Q2 25
$-5.4B
$4.4B
Q1 25
$-5.1B
$4.1B
Q4 24
$-4.8B
$4.1B
Q3 24
$-4.9B
$4.2B
Q2 24
$-5.0B
$3.8B
Total Assets
OTIS
OTIS
SHW
SHW
Q1 26
$10.5B
$26.4B
Q4 25
$10.7B
$25.9B
Q3 25
$10.8B
$26.2B
Q2 25
$10.5B
$25.4B
Q1 25
$11.2B
$24.6B
Q4 24
$11.3B
$23.6B
Q3 24
$10.3B
$24.0B
Q2 24
$9.9B
$23.7B
Debt / Equity
OTIS
OTIS
SHW
SHW
Q1 26
2.64×
Q4 25
2.10×
Q3 25
2.18×
Q2 25
2.04×
Q1 25
2.17×
Q4 24
2.28×
Q3 24
2.22×
Q2 24
2.39×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OTIS
OTIS
SHW
SHW
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$380.0M
FCF MarginFCF / Revenue
10.7%
Capex IntensityCapex / Revenue
0.9%
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTIS
OTIS
SHW
SHW
Q1 26
Q4 25
$817.0M
$1.1B
Q3 25
$374.0M
$1.3B
Q2 25
$215.0M
$1.1B
Q1 25
$190.0M
$-61.1M
Q4 24
$690.0M
$934.5M
Q3 24
$394.0M
$1.1B
Q2 24
$308.0M
$1.2B
Free Cash Flow
OTIS
OTIS
SHW
SHW
Q1 26
$380.0M
Q4 25
$772.0M
$862.1M
Q3 25
$337.0M
$1.1B
Q2 25
$179.0M
$931.1M
Q1 25
$156.0M
$-250.4M
Q4 24
$651.0M
$634.5M
Q3 24
$362.0M
$839.4M
Q2 24
$284.0M
$952.0M
FCF Margin
OTIS
OTIS
SHW
SHW
Q1 26
10.7%
Q4 25
20.3%
15.4%
Q3 25
9.1%
17.5%
Q2 25
5.0%
14.7%
Q1 25
4.7%
-4.7%
Q4 24
17.7%
12.0%
Q3 24
10.2%
13.6%
Q2 24
7.9%
15.2%
Capex Intensity
OTIS
OTIS
SHW
SHW
Q1 26
0.9%
2.4%
Q4 25
1.2%
4.1%
Q3 25
1.0%
3.1%
Q2 25
1.0%
2.9%
Q1 25
1.0%
3.6%
Q4 24
1.1%
5.7%
Q3 24
0.9%
3.8%
Q2 24
0.7%
4.0%
Cash Conversion
OTIS
OTIS
SHW
SHW
Q1 26
Q4 25
2.18×
2.29×
Q3 25
1.00×
1.57×
Q2 25
0.55×
1.47×
Q1 25
0.78×
-0.12×
Q4 24
2.05×
1.95×
Q3 24
0.73×
1.33×
Q2 24
0.74×
1.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OTIS
OTIS

Service$2.4B68%
New Equipment$1.1B32%

SHW
SHW

Segment breakdown not available.

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