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AIT vs. OTIS: Applied Industrial vs. Otis Worldwide Stock Comparison

How do Applied Industrial (AIT) and Otis Worldwide (OTIS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Applied Industrial (AIT) and Otis Worldwide (OTIS) both fall under the Capital Goods industry group, but AIT is classified in Trading Companies & Distributors while OTIS is classified in Machinery.

Applied Industrial (AIT) has more than two decades of public-market history since March 17, 1980, whereas Otis Worldwide (OTIS) listed on March 19, 2020 and has a much shorter record to draw on.

Company profile comparison for Applied Industrial (AIT) and Otis Worldwide (OTIS)
Profile ItemAITOTIS
NameApplied Industrial Technologies Inc.Otis Worldwide Corporation
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryTrading Companies & DistributorsMachinery
GICS Sub-IndustryTrading Companies & DistributorsIndustrial Machinery & Supplies & Components
Market Capitalization10.35 billion USD30.06 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980March 19, 2020
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AIT
OTIS
GSPC
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Applied Industrial (AIT) and Otis Worldwide (OTIS). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Applied Industrial (AIT) and Otis Worldwide (OTIS). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
Total Return (1Y)15.62%-10.81%
Total Return (3Y, Annualized)24.49%1.33%
Total Return (5Y, Annualized)24.56%0.66%

Risk Profile

Drawdown History

AIT
OTIS
GSPC
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Applied Industrial (AIT) and Otis Worldwide (OTIS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
Volatility (1Y, Annualized)28.72%23.24%
Beta (5Y)0.860.85
Max Drawdown (5Y)-26.42%-37.22%
Avg. Volume (3M)295.41K4.42M

Risk-Adjusted Performance

Risk-Return Positioning

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AIT and OTIS are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
Sharpe Ratio (1Y)0.39-0.65
Sortino Ratio (1Y)0.53-0.92

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Applied Industrial (AIT) earns 22.51% on shareholders’ equity, ranked against its industry; Otis Worldwide (OTIS) has no ROE this period.

AIT

Capital Goods industry group

22.51%

Max
40.55%
AIT
22.51%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%

OTIS

Capital Goods industry group

--

Max
40.55%
Q3
19.29%
Median
12.12%
Q1
4.08%
Min
-17.12%
OTIS
--
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): OTIS does not report ROE, so it has no value marker; AIT is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both Applied Industrial (AIT) at 8.39% and Otis Worldwide (OTIS) at 10.28% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

AIT

Capital Goods industry group

8.39%

Max
27.47%
Q3
12.10%
AIT
8.39%
Median
6.30%
Q1
1.40%
Min
-12.89%

OTIS

Capital Goods industry group

10.28%

Max
27.47%
Q3
12.10%
OTIS
10.28%
Median
6.30%
Q1
1.40%
Min
-12.89%
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Applied Industrial (AIT) at 11.12% and Otis Worldwide (OTIS) at 15.97% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

AIT

Capital Goods industry group

11.12%

Max
36.60%
Q3
18.33%
AIT
11.12%
Median
11.12%
Q1
5.14%
Min
-12.63%

OTIS

Capital Goods industry group

15.97%

Max
36.60%
Q3
18.33%
OTIS
15.97%
Median
11.12%
Q1
5.14%
Min
-12.63%
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
ROE (TTM)22.51%--
ROA (TTM)11.43%13.26%
Net Margin (TTM)8.39%10.28%
Operating Margin (TTM)11.12%15.97%
Gross Margin (TTM)30.40%29.95%

Growth

Revenue Growth

Applied Industrial (AIT) at 8.84% is around its peer norm for revenue growth, while Otis Worldwide (OTIS) at 1.19% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Otis Worldwide (OTIS) reports EPS growth of -14.00%, ranked against its industry; Applied Industrial (AIT) has no EPS growth figure this period.

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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
Revenue Growth (YoY)8.84%1.19%
Revenue Growth (3Y CAGR)4.02%1.79%
EPS Growth (YoY)---14.00%
EPS Growth (3Y CAGR)7.40%5.74%

Financial Strength

Current Ratio (MRQ)

Applied Industrial (AIT) at 2.89 keeps current ratio within its industry’s typical mid-range, while Otis Worldwide (OTIS) at 0.86 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OTIS.

AIT

Capital Goods industry group

2.89

Max
5.22
Q3
2.95
AIT
2.89
Median
2.08
Q1
1.43
Min
0.36

OTIS

Capital Goods industry group

0.86

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
OTIS
0.86
Min
0.36
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Applied Industrial (AIT) carries debt-to-equity ratio of 0.15 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.

AIT

Capital Goods industry group

0.15

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
AIT
0.15
Min
0.00

OTIS

Capital Goods industry group

--

Max
2.33
Q3
1.12
Median
0.60
Q1
0.29
Min
0.00
OTIS
--
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): OTIS does not report debt-to-equity ratio, so it has no value marker; AIT is benchmarked against the Capital Goods industry group.

Financial Strength Metrics

Financial strength metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
Current Ratio (MRQ)2.890.86
Debt / Equity (MRQ)0.15--
Net Debt / EBITDA0.273.12

Dividends

Dividend Yield (TTM)

Otis Worldwide (OTIS) at 2.16% delivers top-quartile income for its industry, while Applied Industrial (AIT) at 0.71% pays a more typical yield — both are credible income propositions, OTIS the richer one.

AIT

Capital Goods industry group

0.71%

Max
2.66%
Q3
1.14%
AIT
0.71%
Median
0.24%
Q1
0.00%
Min
0.00%

OTIS

Capital Goods industry group

2.16%

Max
2.66%
OTIS
2.16%
Q3
1.14%
Median
0.24%
Q1
0.00%
Min
0.00%
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Applied Industrial (AIT) at 17.63% pays out a band-typical share of earnings, while Otis Worldwide (OTIS) at 42.79% distributes more than its industry norm — less retained, thinner cover.

AIT

Capital Goods industry group

17.63%

Max
67.39%
Q3
28.02%
AIT
17.63%
Median
6.86%
Q1
0.00%
Min
0.00%

OTIS

Capital Goods industry group

42.79%

Max
67.39%
OTIS
42.79%
Q3
28.02%
Median
6.86%
Q1
0.00%
Min
0.00%
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
Dividend Yield (TTM)0.71%2.16%
Dividend Payout Ratio (TTM)17.63%42.79%

Valuation

P/E Ratio (TTM)

Both Applied Industrial (AIT) at 25.10 and Otis Worldwide (OTIS) at 19.64 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

AIT

Capital Goods industry group

25.10

Max
59.38
Q3
35.92
Median
25.41
AIT
25.10
Q1
19.47
Min
3.03

OTIS

Capital Goods industry group

19.64

Max
59.38
Q3
35.92
Median
25.41
OTIS
19.64
Q1
19.47
Min
3.03
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Applied Industrial (AIT) at 2.05 and Otis Worldwide (OTIS) at 1.99 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AIT

Capital Goods industry group

2.05

Max
7.54
Q3
3.76
Median
2.15
AIT
2.05
Q1
1.03
Min
0.03

OTIS

Capital Goods industry group

1.99

Max
7.54
Q3
3.76
Median
2.15
OTIS
1.99
Q1
1.03
Min
0.03
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Otis Worldwide (OTIS) reports a negative P/B ratio of -5.54, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Applied Industrial (AIT) reports 5.50, ranking against industry peers normally.

AIT

Capital Goods industry group

5.50

Max
9.66
AIT
5.50
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08

OTIS

Capital Goods industry group

-5.54

Max
9.66
Q3
5.00
Median
3.12
Q1
1.81
Min
-1.08
OTIS
-5.54
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Applied Industrial (AIT) vs. Otis Worldwide (OTIS): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Applied Industrial (AIT) and Otis Worldwide (OTIS)
MetricAITOTIS
P/E Ratio (TTM)25.1019.64
P/S Ratio (TTM)2.051.99
P/B Ratio (MRQ)5.50-5.54
Free Cash Flow Yield (TTM)3.24%4.61%