Otis Worldwide (OTIS) Asset Utilization Ratio (2020 - 2026)
Otis Worldwide's Asset Utilization Ratio was 1.37 in Q2 2026, up 5.1% from 1.31 a year earlier but down 0.6% from the prior quarter.
Analysis
Otis Worldwide (OTIS) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Otis Worldwide came in at 1.31, down 1.3% from FY2024.
- In earlier years, Asset Utilization Ratio was 1.33 in FY2024 (-6.6%), 1.43 in FY2023 (+15.1%), 1.24 in FY2022 (-0.4%) and 1.24 in FY2021 (-0.5%).
- Quarterly Asset Utilization Ratio has moved between 1.19 (Q1 2022) and 1.44 (Q2 2024) over five years.
- Compared with a year earlier, Asset Utilization Ratio has increased for three straight quarters, with an average decline of 1.4% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2023 (growth of 16.5%); the worst was Q1 2025 (a decline of 12.3%).
- Per Business Quant data, OTIS's Asset Utilization Ratio in the three quarters before Q2 2026 was 1.38 (Q1 2026), 1.35 (Q4 2025) and 1.35 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 0.95 |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 0.65 |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 0.51 |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 0.59 |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 1.37 |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 0.40 |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 1.43 |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 0.80 |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 0.83 |
| 10 | Lennox International | 12.44 Bn | 12.25 Bn | 539.50 Mn | 1.20 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 |
| 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 |
API Access
Otis Worldwide Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OTIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "OTIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();