Otis Worldwide (OTIS) Asset Utilization Ratio (2020 - 2026)
Otis Worldwide's (OTIS) quarterly Asset Utilization Ratio came in at 1.38 in Q1 2026, up 9.67% year-on-year from 1.26 in Q1 2025, and up 2.59% on a QoQ basis from 1.35 in Q4 2025.
Otis Worldwide (OTIS) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 7 years of Asset Utilization Ratio data on file, last reported at 1.38 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 9.67% year-over-year to 1.38 in Q1 2026; TTM through Mar 2026 was 1.38, a 9.67% increase from a year earlier, with the FY2025 full-year figure at 1.31, down 1.28% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.38, up from 1.35 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for OTIS reached as high as 1.44 in Q2 2024 and fell as low as 1.19 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 1.36 across 5 years, with a median of 1.38 in 2026.
- Across the five-year window, Asset Utilization Ratio increased 16.55% in 2023 and dropped 12.28% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.43 in 2022, then retreated by 2.99% to 1.39 in 2023, then slipped by 4.61% to 1.32 in 2024, then grew by 1.91% to 1.35 in 2025, then climbed by 2.59% to 1.38 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.38 in Q1 2026, 1.35 in Q4 2025, and 1.35 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.59 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.69 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.99 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.44 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.00 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.47 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.78 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.43 |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 Bn | 1.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.38 |
| Dec 31, 2025 | 1.35 |
| Sep 30, 2025 | 1.35 |
| Jun 30, 2025 | 1.31 |
| Mar 31, 2025 | 1.26 |
| Dec 31, 2024 | 1.32 |
| Sep 30, 2024 | 1.41 |
| Jun 30, 2024 | 1.44 |
| Mar 31, 2024 | 1.44 |
| Dec 31, 2023 | 1.39 |
| Sep 30, 2023 | 1.37 |
| Jun 30, 2023 | 1.39 |
| Mar 31, 2023 | 1.38 |
| Dec 31, 2022 | 1.43 |
| Sep 30, 2022 | 1.43 |
| Jun 30, 2022 | 1.30 |
| Mar 31, 2022 | 1.19 |
| Dec 31, 2021 | 1.26 |
| Sep 30, 2021 | 1.33 |
| Jun 30, 2021 | 1.30 |