OTIS vs. WTS: Otis Worldwide vs. Watts Water Stock Comparison
How do Otis Worldwide (OTIS) and Watts Water (WTS) 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
Otis Worldwide (OTIS) and Watts Water (WTS) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
Watts Water (WTS) has more than two decades of public-market history since August 21, 1986, whereas Otis Worldwide (OTIS) listed on March 19, 2020 and has a much shorter record to draw on.
| Profile Item | OTIS | WTS |
|---|---|---|
| Name | Otis Worldwide Corporation | Watts Water Technologies, Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 30.06 billion USD | 11.55 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 19, 2020 | August 21, 1986 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | OTIS | WTS |
|---|---|---|
| Total Return (1Y) | -10.81% | 33.85% |
| Total Return (3Y, Annualized) | 1.33% | 25.59% |
| Total Return (5Y, Annualized) | 0.66% | 12.56% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | OTIS | WTS |
|---|---|---|
| Volatility (1Y, Annualized) | 23.24% | 27.38% |
| Beta (5Y) | 0.85 | 1.11 |
| Max Drawdown (5Y) | -37.22% | -44.08% |
| Avg. Volume (3M) | 4.42M | 225.08K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | OTIS | WTS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.65 | 1.08 |
| Sortino Ratio (1Y) | -0.92 | 1.78 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Watts Water (WTS) earns 20.91% on shareholders’ equity, ranked against its industry; Otis Worldwide (OTIS) has no ROE this period.
OTIS
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- OTIS
- --
WTS
Capital Goods industry group
20.91%
- Max
- 40.55%
- WTS
- 20.91%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Watts Water (WTS) at 16.00% retains a top-quartile share of revenue as profit, ahead of Otis Worldwide (OTIS) at 10.28%, which keeps about the industry-typical share.
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%
WTS
Capital Goods industry group
16.00%
- Max
- 27.47%
- WTS
- 16.00%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Watts Water (WTS) at 20.85% operates in the top operating margin quartile, ahead of Otis Worldwide (OTIS) at 15.97%, which runs around its industry’s norm.
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%
WTS
Capital Goods industry group
20.85%
- Max
- 36.60%
- WTS
- 20.85%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | OTIS | WTS |
|---|---|---|
| ROE (TTM) | -- | 20.91% |
| ROA (TTM) | 13.26% | 12.05% |
| Net Margin (TTM) | 10.28% | 16.00% |
| Operating Margin (TTM) | 15.97% | 20.85% |
| Gross Margin (TTM) | 29.95% | 49.09% |
Growth
Revenue Growth
Watts Water (WTS) at 8.27% 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.
EPS Growth
Both Otis Worldwide (OTIS) at -14.00% and Watts Water (WTS) at 17.03% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | OTIS | WTS |
|---|---|---|
| Revenue Growth (YoY) | 1.19% | 8.27% |
| Revenue Growth (3Y CAGR) | 1.79% | 7.20% |
| EPS Growth (YoY) | -14.00% | 17.03% |
| EPS Growth (3Y CAGR) | 5.74% | 10.78% |
Financial Strength
Current Ratio (MRQ)
Watts Water (WTS) at 2.80 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.
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
WTS
Capital Goods industry group
2.80
- Max
- 5.22
- Q3
- 2.95
- WTS
- 2.80
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Watts Water (WTS) carries debt-to-equity ratio of 0.08 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.
OTIS
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- OTIS
- --
WTS
Capital Goods industry group
0.08
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- WTS
- 0.08
- Min
- 0.00
Financial Strength Metrics
| Metric | OTIS | WTS |
|---|---|---|
| Current Ratio (MRQ) | 0.86 | 2.80 |
| Debt / Equity (MRQ) | -- | 0.08 |
| Net Debt / EBITDA | 3.12 | -0.40 |
Dividends
Dividend Yield (TTM)
Otis Worldwide (OTIS) at 2.16% delivers top-quartile income for its industry, while Watts Water (WTS) at 0.66% pays a more typical yield — both are credible income propositions, OTIS the richer one.
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%
WTS
Capital Goods industry group
0.66%
- Max
- 2.66%
- Q3
- 1.14%
- WTS
- 0.66%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Watts Water (WTS) at 17.24% 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.
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%
WTS
Capital Goods industry group
17.24%
- Max
- 67.39%
- Q3
- 28.02%
- WTS
- 17.24%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | OTIS | WTS |
|---|---|---|
| Dividend Yield (TTM) | 2.16% | 0.66% |
| Dividend Payout Ratio (TTM) | 42.79% | 17.24% |
Valuation
P/E Ratio (TTM)
Both Otis Worldwide (OTIS) at 19.64 and Watts Water (WTS) at 25.95 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
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
WTS
Capital Goods industry group
25.95
- Max
- 59.38
- Q3
- 35.92
- WTS
- 25.95
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Otis Worldwide (OTIS) at 1.99 is priced about in line with its industry on P/S ratio, while Watts Water (WTS) at 4.14 sits in the pricier quartile — WTS costs more per dollar of sales.
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
WTS
Capital Goods industry group
4.14
- Max
- 7.54
- WTS
- 4.14
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
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 Watts Water (WTS) reports 4.98, ranking against industry peers normally.
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
WTS
Capital Goods industry group
4.98
- Max
- 9.66
- Q3
- 5.00
- WTS
- 4.98
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | OTIS | WTS |
|---|---|---|
| P/E Ratio (TTM) | 19.64 | 25.95 |
| P/S Ratio (TTM) | 1.99 | 4.14 |
| P/B Ratio (MRQ) | -5.54 | 4.98 |
| Free Cash Flow Yield (TTM) | 4.61% | 2.21% |