Buyback Radar
Company reports

Otis Worldwide

OTIS

Otis Worldwide has retired 12.2% of its shares since 2020, from 433,671,005 to 380,669,339.

12.2%retired since 2020
10.4%last 5 years
2.3%last 12 months
381Mshares today

At $71.33 a share, a market value of $27.2B. FCF yield 6.3%, P/E 17.9, trailing twelve months to June 2026.

Shares outstanding, 2020 to todaysplit adjusted, from SEC filings
434M shares, 2020381M2020202220242026
2020, 433,671,0052026-07-15, 380,669,339
A share bought in 2020
1.1× more of Otis Worldwide today, without buying another share. It was one of 433,671,005 shares then. It is one of 380,669,339 now.
Every filing we read6 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20202021-01-31433,671,00510-K
20212022-01-21424,962,35610-K
20222023-01-20414,869,46110-K
20232024-01-19405,454,62610-K
20242025-01-21396,518,56310-K
20252026-01-22388,720,77310-K

Source: all 10-K filings of Otis Worldwide on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, fiscal 2021 to 2025cash flow statement against share count
$4.2Bspent on buybacks
45Mfewer shares outstanding
$84average price paid per share bought back
3.0%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $71.33.

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Otis Worldwide buybacks, answered

Is Otis Worldwide buying back its stock?

Yes. Otis Worldwide has 2.3% fewer shares outstanding than twelve months ago, 380,669,339 as of July 15, 2026. Over five years the share count is down 10.4%.

How many shares has Otis Worldwide bought back?

Net of every new share it issued, Otis Worldwide has 53.0 million fewer shares than at its 2020 peak. That is 12.2% of the company. Since fiscal 2021 alone it bought back about 49.6 million shares, while the count fell by 44.3 million. The difference went to employees and other new shares.

How many shares does Otis Worldwide have outstanding?

380,669,339 shares, as of July 15, 2026, from the cover page of its latest 10-Q. At the 2020 peak it had 433,671,005.

What do Otis Worldwide's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held Otis Worldwide stock in 2020 owns 1.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does Otis Worldwide compare with other cannibal stocks?

Otis Worldwide ranks No. 444 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: NMI (12.4%), Newell Brands (12.2%), Meta Platforms (12.2%), TripAdvisor (12.2%).

Every answer is computed from Otis Worldwide's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

First EagleFirst Eagle Investment Management411,726 shares, $29.5M, Q2 2026
Tom GaynerMarkel Group133,620 shares, $9.6M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like Otis Worldwide in depth on Cannibal Stocks.

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