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Side-by-side financial comparison of Otis Worldwide (OTIS) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.

Otis Worldwide is the larger business by last-quarter revenue ($3.6B vs $2.5B, roughly 1.4× Tapestry, Inc.). Tapestry, Inc. runs the higher net margin — 22.4% vs 9.5%, a 12.9% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 1.0%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $380.0M). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% 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.

Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.

OTIS vs TPR — Head-to-Head

Bigger by revenue
OTIS
OTIS
1.4× larger
OTIS
$3.6B
$2.5B
TPR
Growing faster (revenue YoY)
TPR
TPR
+13.0% gap
TPR
14.0%
1.0%
OTIS
Higher net margin
TPR
TPR
12.9% more per $
TPR
22.4%
9.5%
OTIS
More free cash flow
TPR
TPR
$657.5M more FCF
TPR
$1.0B
$380.0M
OTIS
Faster 2-yr revenue CAGR
TPR
TPR
Annualised
TPR
29.9%
-0.5%
OTIS

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
OTIS
OTIS
TPR
TPR
Revenue
$3.6B
$2.5B
Net Profit
$340.0M
$561.3M
Gross Margin
75.5%
Operating Margin
15.1%
28.6%
Net Margin
9.5%
22.4%
Revenue YoY
1.0%
14.0%
Net Profit YoY
750.0%
80.8%
EPS (diluted)
$0.87
$2.68

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
TPR
TPR
Q1 26
$3.6B
Q4 25
$3.8B
$2.5B
Q3 25
$3.7B
$1.7B
Q2 25
$3.6B
$1.7B
Q1 25
$3.4B
$1.6B
Q4 24
$3.7B
$2.2B
Q3 24
$3.5B
$1.5B
Q2 24
$3.6B
$1.6B
Net Profit
OTIS
OTIS
TPR
TPR
Q1 26
$340.0M
Q4 25
$374.0M
$561.3M
Q3 25
$374.0M
$274.8M
Q2 25
$393.0M
$-517.1M
Q1 25
$243.0M
$203.3M
Q4 24
$337.0M
$310.4M
Q3 24
$540.0M
$186.6M
Q2 24
$415.0M
$159.3M
Gross Margin
OTIS
OTIS
TPR
TPR
Q1 26
Q4 25
75.5%
Q3 25
76.3%
Q2 25
76.3%
Q1 25
76.1%
Q4 24
74.4%
Q3 24
75.3%
Q2 24
74.9%
Operating Margin
OTIS
OTIS
TPR
TPR
Q1 26
15.1%
Q4 25
15.5%
28.6%
Q3 25
15.9%
19.3%
Q2 25
15.2%
-33.9%
Q1 25
12.3%
16.0%
Q4 24
14.4%
22.4%
Q3 24
10.2%
16.7%
Q2 24
15.8%
14.8%
Net Margin
OTIS
OTIS
TPR
TPR
Q1 26
9.5%
Q4 25
9.9%
22.4%
Q3 25
10.1%
16.1%
Q2 25
10.9%
-30.0%
Q1 25
7.3%
12.8%
Q4 24
9.2%
14.1%
Q3 24
15.2%
12.4%
Q2 24
11.5%
10.0%
EPS (diluted)
OTIS
OTIS
TPR
TPR
Q1 26
$0.87
Q4 25
$0.95
$2.68
Q3 25
$0.95
$1.28
Q2 25
$0.99
$-2.30
Q1 25
$0.61
$0.95
Q4 24
$0.85
$1.38
Q3 24
$1.34
$0.79
Q2 24
$1.02
$0.67

Balance Sheet & Financial Strength

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

Metric
OTIS
OTIS
TPR
TPR
Cash + ST InvestmentsLiquidity on hand
$834.0M
$1.1B
Total DebtLower is stronger
$6.9B
$2.4B
Stockholders' EquityBook value
$551.2M
Total Assets
$10.5B
$6.5B
Debt / EquityLower = less leverage
4.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTIS
OTIS
TPR
TPR
Q1 26
$834.0M
Q4 25
$1.1B
$1.1B
Q3 25
$840.0M
$743.2M
Q2 25
$688.0M
$1.1B
Q1 25
$1.9B
$1.1B
Q4 24
$2.3B
$1.0B
Q3 24
$827.0M
$7.3B
Q2 24
$942.0M
$7.2B
Total Debt
OTIS
OTIS
TPR
TPR
Q1 26
$6.9B
Q4 25
$7.8B
$2.4B
Q3 25
$7.7B
$2.4B
Q2 25
$7.2B
$2.4B
Q1 25
$8.4B
$2.4B
Q4 24
$8.3B
$2.4B
Q3 24
$6.9B
$7.0B
Q2 24
$6.8B
$6.9B
Stockholders' Equity
OTIS
OTIS
TPR
TPR
Q1 26
Q4 25
$-5.4B
$551.2M
Q3 25
$-5.4B
$399.5M
Q2 25
$-5.4B
$857.8M
Q1 25
$-5.1B
$1.5B
Q4 24
$-4.8B
$1.3B
Q3 24
$-4.9B
$3.0B
Q2 24
$-5.0B
$2.9B
Total Assets
OTIS
OTIS
TPR
TPR
Q1 26
$10.5B
Q4 25
$10.7B
$6.5B
Q3 25
$10.8B
$6.4B
Q2 25
$10.5B
$6.6B
Q1 25
$11.2B
$7.3B
Q4 24
$11.3B
$7.3B
Q3 24
$10.3B
$13.7B
Q2 24
$9.9B
$13.4B
Debt / Equity
OTIS
OTIS
TPR
TPR
Q1 26
Q4 25
4.32×
Q3 25
5.95×
Q2 25
2.77×
Q1 25
1.59×
Q4 24
1.78×
Q3 24
2.35×
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
TPR
TPR
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$380.0M
$1.0B
FCF MarginFCF / Revenue
10.7%
41.5%
Capex IntensityCapex / Revenue
0.9%
1.7%
Cash ConversionOCF / Net Profit
1.93×
TTM Free Cash FlowTrailing 4 quarters
$1.7B
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTIS
OTIS
TPR
TPR
Q1 26
Q4 25
$817.0M
$1.1B
Q3 25
$374.0M
$112.6M
Q2 25
$215.0M
$446.8M
Q1 25
$190.0M
$144.3M
Q4 24
$690.0M
$506.0M
Q3 24
$394.0M
$119.5M
Q2 24
$308.0M
$256.0M
Free Cash Flow
OTIS
OTIS
TPR
TPR
Q1 26
$380.0M
Q4 25
$772.0M
$1.0B
Q3 25
$337.0M
$80.2M
Q2 25
$179.0M
$411.5M
Q1 25
$156.0M
$113.4M
Q4 24
$651.0M
$475.1M
Q3 24
$362.0M
$93.9M
Q2 24
$284.0M
$209.8M
FCF Margin
OTIS
OTIS
TPR
TPR
Q1 26
10.7%
Q4 25
20.3%
41.5%
Q3 25
9.1%
4.7%
Q2 25
5.0%
23.9%
Q1 25
4.7%
7.2%
Q4 24
17.7%
21.6%
Q3 24
10.2%
6.2%
Q2 24
7.9%
13.2%
Capex Intensity
OTIS
OTIS
TPR
TPR
Q1 26
0.9%
Q4 25
1.2%
1.7%
Q3 25
1.0%
1.9%
Q2 25
1.0%
2.0%
Q1 25
1.0%
2.0%
Q4 24
1.1%
1.4%
Q3 24
0.9%
1.7%
Q2 24
0.7%
2.9%
Cash Conversion
OTIS
OTIS
TPR
TPR
Q1 26
Q4 25
2.18×
1.93×
Q3 25
1.00×
0.41×
Q2 25
0.55×
Q1 25
0.78×
0.71×
Q4 24
2.05×
1.63×
Q3 24
0.73×
0.64×
Q2 24
0.74×
1.61×

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%

TPR
TPR

Coach$1.4B57%
Other$787.0M31%
Kate Spade Company$290.0M12%

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