Otis Worldwide Corporation, which does business as Otis Elevator Company and is styled OTIS, is an American company that develops, manufactures and markets elevators, escalators, moving walkways and related equipment. Based in Farmington, Connecticut, it is the world's largest manufacturer of vertical transportation systems.
In 1852 Elisha Otis invented the safety elevator, which used a special mechanism to lock the car in place if the hoisting rope failed, and after a demonstration at the 1853 New York World's Fair he founded the Otis Elevator Company in Yonkers, New York, in 1853. The company introduced the world's first fully automatic elevator, Collective Control, in 1925, and in 1931 it installed the first double deck elevator at 70 Pine Street in New York City. United Technologies acquired Otis in 1976, and the company was spun off as an independent business in April 2020, when its shares began trading on the New York Stock Exchange as OTIS. Otis elevators serve landmarks such as the Eiffel Tower, the Empire State Building and the Burj Khalifa. The logo is the name OTIS in heavy navy blue capital letters.
Market value
As of October 31, 2026, Otis had a market capitalization of about US$28.8 billion, according to companiesmarketcap.com. Market value changes with the share price every trading day.
Logo history
- 1853: Elisha Otis founds the Otis Elevator Company in Yonkers, New York.
- 1976: United Technologies acquires Otis.
- 2020: Otis becomes an independent public company again in April after its spinoff from United Technologies.
This timeline lists only changes that a cited source confirms. Earlier or minor variants of the Otis mark that could not be dated from a primary or reputable source are left out rather than guessed.
Logo colors
| Color | HEX | RGB | Source |
|---|---|---|---|
| Navy blue | #15223C | 21, 34, 60 | Commons SVG fill |
The Otis palette on this page has 1 recorded value. Navy blue is #15223C, which is RGB 21, 34, 60. Where a value comes from a redrawn vector rather than the owner’s own guide, check it against official files before using it in design work.
Typography
No typeface has been named by the company.
FAQ
When was Otis founded?
1853.
What color is the Otis logo?
Navy blue #15223C in the vector file.
Sources
- https://en.wikipedia.org/wiki/Otis_Worldwide
- https://commons.wikimedia.org/wiki/File:Otis_logo_navy.svg
- Otis official website
- companiesmarketcap.com, Otis market capitalization (checked October 31, 2026)
Logos shown are trademarks of their owners and are provided for identification and reference. To request removal, contact [email protected].
