Otis Worldwide (OTIS) Change in Accured Expenses (2019 - 2026)
Otis Worldwide's (OTIS) quarterly Change in Accured Expenses came in at -$117.0 million in Q1 2026, down 1075.0% year-on-year from $12.0 million in Q1 2025, and up 27.33% on a QoQ basis from -$161.0 million in Q4 2025.
Otis Worldwide (OTIS) Change in Accured Expenses (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 8 years of Change in Accured Expenses data on file, last reported at -$117.0 million in Q1 2026.
- On a quarterly basis, Change in Accured Expenses fell 1075.0% year-over-year to -$117.0 million in Q1 2026; TTM through Mar 2026 was -$269.0 million, a 212.55% decrease from a year earlier, with the FY2025 full-year figure at -$140.0 million, down 264.71% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at -$117.0 million, up from -$161.0 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for OTIS reached as high as $129.0 million in Q3 2024 and fell as low as -$178.0 million in Q1 2022.
- Historically, Change in Accured Expenses has averaged -$13.1 million across 5 years, with a median of $12.0 million in 2025.
- Across the five-year window, Change in Accured Expenses surged 578.95% in 2024 and sank 1075.0% in 2026, its largest moves.
- Year by year, Change in Accured Expenses stood at $82.0 million in 2022, then increased by 20.73% to $99.0 million in 2023, then dropped by 16.16% to $83.0 million in 2024, then slumped by 293.98% to -$161.0 million in 2025, then gained by 27.33% to -$117.0 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were -$117.0 million in Q1 2026, -$161.0 million in Q4 2025, and -$2.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 476.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 75.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | -167.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 3.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | -100.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 51.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 16.00 Mn |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 Bn | -117.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -117.00 Mn |
| Mar 31, 2026 | -117.00 Mn |
| Dec 31, 2025 | -161.00 Mn |
| Dec 31, 2025 | -161.00 Mn |
| Sep 30, 2025 | -2.00 Mn |
| Sep 30, 2025 | -2.00 Mn |
| Jun 30, 2025 | 11.00 Mn |
| Jun 30, 2025 | 11.00 Mn |
| Mar 31, 2025 | 12.00 Mn |
| Mar 31, 2025 | 12.00 Mn |
| Dec 31, 2024 | 83.00 Mn |
| Dec 31, 2024 | 83.00 Mn |
| Sep 30, 2024 | 129.00 Mn |
| Sep 30, 2024 | 129.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 15.00 Mn |
| Mar 31, 2024 | -142.00 Mn |
| Mar 31, 2024 | -142.00 Mn |
| Dec 31, 2023 | 99.00 Mn |
| Dec 31, 2023 | 99.00 Mn |