vs

Side-by-side financial comparison of Otis Worldwide (OTIS) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $3.6B, roughly 1.0× Otis Worldwide). State Street Corporation runs the higher net margin — 20.4% vs 9.5%, a 10.8% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs 1.0%). State Street Corporation produced more free cash flow last quarter ($9.8B vs $380.0M). Over the past eight quarters, State Street Corporation's revenue compounded faster (8.1% CAGR vs -0.5%).

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

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

OTIS vs STT — Head-to-Head

Bigger by revenue
STT
STT
1.0× larger
STT
$3.7B
$3.6B
OTIS
Growing faster (revenue YoY)
STT
STT
+6.5% gap
STT
7.5%
1.0%
OTIS
Higher net margin
STT
STT
10.8% more per $
STT
20.4%
9.5%
OTIS
More free cash flow
STT
STT
$9.4B more FCF
STT
$9.8B
$380.0M
OTIS
Faster 2-yr revenue CAGR
STT
STT
Annualised
STT
8.1%
-0.5%
OTIS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
OTIS
OTIS
STT
STT
Revenue
$3.6B
$3.7B
Net Profit
$340.0M
$747.0M
Gross Margin
Operating Margin
15.1%
25.0%
Net Margin
9.5%
20.4%
Revenue YoY
1.0%
7.5%
Net Profit YoY
750.0%
-4.6%
EPS (diluted)
$0.87
$2.41

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
STT
STT
Q1 26
$3.6B
Q4 25
$3.8B
$3.7B
Q3 25
$3.7B
$3.5B
Q2 25
$3.6B
$3.4B
Q1 25
$3.4B
$3.3B
Q4 24
$3.7B
$3.4B
Q3 24
$3.5B
$3.3B
Q2 24
$3.6B
$3.2B
Net Profit
OTIS
OTIS
STT
STT
Q1 26
$340.0M
Q4 25
$374.0M
$747.0M
Q3 25
$374.0M
$861.0M
Q2 25
$393.0M
$693.0M
Q1 25
$243.0M
$644.0M
Q4 24
$337.0M
$783.0M
Q3 24
$540.0M
$730.0M
Q2 24
$415.0M
$711.0M
Operating Margin
OTIS
OTIS
STT
STT
Q1 26
15.1%
Q4 25
15.5%
25.0%
Q3 25
15.9%
31.1%
Q2 25
15.2%
25.8%
Q1 25
12.3%
25.0%
Q4 24
14.4%
28.1%
Q3 24
10.2%
28.4%
Q2 24
15.8%
28.6%
Net Margin
OTIS
OTIS
STT
STT
Q1 26
9.5%
Q4 25
9.9%
20.4%
Q3 25
10.1%
24.3%
Q2 25
10.9%
20.1%
Q1 25
7.3%
19.6%
Q4 24
9.2%
22.9%
Q3 24
15.2%
22.4%
Q2 24
11.5%
22.3%
EPS (diluted)
OTIS
OTIS
STT
STT
Q1 26
$0.87
Q4 25
$0.95
$2.41
Q3 25
$0.95
$2.78
Q2 25
$0.99
$2.17
Q1 25
$0.61
$2.04
Q4 24
$0.85
$2.43
Q3 24
$1.34
$2.26
Q2 24
$1.02
$2.15

Balance Sheet & Financial Strength

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

Metric
OTIS
OTIS
STT
STT
Cash + ST InvestmentsLiquidity on hand
$834.0M
Total DebtLower is stronger
$6.9B
Stockholders' EquityBook value
$27.8B
Total Assets
$10.5B
$366.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTIS
OTIS
STT
STT
Q1 26
$834.0M
Q4 25
$1.1B
Q3 25
$840.0M
Q2 25
$688.0M
Q1 25
$1.9B
Q4 24
$2.3B
Q3 24
$827.0M
Q2 24
$942.0M
Total Debt
OTIS
OTIS
STT
STT
Q1 26
$6.9B
Q4 25
$7.8B
Q3 25
$7.7B
Q2 25
$7.2B
Q1 25
$8.4B
Q4 24
$8.3B
Q3 24
$6.9B
Q2 24
$6.8B
Stockholders' Equity
OTIS
OTIS
STT
STT
Q1 26
Q4 25
$-5.4B
$27.8B
Q3 25
$-5.4B
$27.6B
Q2 25
$-5.4B
$27.3B
Q1 25
$-5.1B
$26.7B
Q4 24
$-4.8B
$25.3B
Q3 24
$-4.9B
$25.8B
Q2 24
$-5.0B
$24.8B
Total Assets
OTIS
OTIS
STT
STT
Q1 26
$10.5B
Q4 25
$10.7B
$366.0B
Q3 25
$10.8B
$371.1B
Q2 25
$10.5B
$376.7B
Q1 25
$11.2B
$372.7B
Q4 24
$11.3B
$353.2B
Q3 24
$10.3B
$338.5B
Q2 24
$9.9B
$325.6B

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
STT
STT
Operating Cash FlowLast quarter
$10.0B
Free Cash FlowOCF − Capex
$380.0M
$9.8B
FCF MarginFCF / Revenue
10.7%
266.6%
Capex IntensityCapex / Revenue
0.9%
7.3%
Cash ConversionOCF / Net Profit
13.44×
TTM Free Cash FlowTrailing 4 quarters
$1.7B
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTIS
OTIS
STT
STT
Q1 26
Q4 25
$817.0M
$10.0B
Q3 25
$374.0M
$7.9B
Q2 25
$215.0M
$-8.4B
Q1 25
$190.0M
$2.4B
Q4 24
$690.0M
$-7.4B
Q3 24
$394.0M
$2.7B
Q2 24
$308.0M
$-7.6B
Free Cash Flow
OTIS
OTIS
STT
STT
Q1 26
$380.0M
Q4 25
$772.0M
$9.8B
Q3 25
$337.0M
$7.7B
Q2 25
$179.0M
$-8.8B
Q1 25
$156.0M
$2.2B
Q4 24
$651.0M
$-7.7B
Q3 24
$362.0M
$2.5B
Q2 24
$284.0M
$-7.9B
FCF Margin
OTIS
OTIS
STT
STT
Q1 26
10.7%
Q4 25
20.3%
266.6%
Q3 25
9.1%
216.0%
Q2 25
5.0%
-254.1%
Q1 25
4.7%
66.1%
Q4 24
17.7%
-225.1%
Q3 24
10.2%
75.9%
Q2 24
7.9%
-246.2%
Capex Intensity
OTIS
OTIS
STT
STT
Q1 26
0.9%
Q4 25
1.2%
7.3%
Q3 25
1.0%
6.9%
Q2 25
1.0%
9.3%
Q1 25
1.0%
6.9%
Q4 24
1.1%
7.3%
Q3 24
0.9%
7.2%
Q2 24
0.7%
6.7%
Cash Conversion
OTIS
OTIS
STT
STT
Q1 26
Q4 25
2.18×
13.44×
Q3 25
1.00×
9.18×
Q2 25
0.55×
-12.18×
Q1 25
0.78×
3.72×
Q4 24
2.05×
-9.49×
Q3 24
0.73×
3.71×
Q2 24
0.74×
-10.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OTIS
OTIS

Service$2.2B61%
New Equipment$1.1B32%
Other$230.0M6%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

Related Comparisons