Otis Named a World’s Most Admired Company by Fortune

Otis has been recognized as one of the World’s Most Admired Companies for 2024 by Fortune magazine, based on survey responses from more than 3,700 business leaders and industry analysts. This is the third year Otis has appeared on the Most Admired list, and the company retained its position on the overall list at number 226 this year. Otis is among 317 companies to earn the honor this year. Only the highest-ranked companies make the final list from a starting group of more than 650 businesses across 52 industries. The “World’s Most Admired Companies” list ranks companies within their respective industries using nine key attributes. The company’s highest ratings in the industrial machinery category were in global competitiveness, quality of products and services and financial soundness.