Otis Worldwide (OTIS) Change in Accured Expenses (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Change in Accured Expenses of $49.0 million for Q2 2026, up 345.45% year-over-year from $11.0 million in Q2 2025, and up 141.88% quarter-over-quarter from -$117.0 million in Q1 2026.
Otis Worldwide (OTIS) Change in Accured Expenses (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Change in Accured Expenses for 8 consecutive years, with $49.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Accured Expenses rose 345.45% year-over-year to $49.0 million; the TTM figure through Jun 2026 stood at -$231.0 million (down 198.3% YoY), while the FY2025 annual figure was -$140.0 million, down 264.71% from the prior year.
- Change in Accured Expenses climbed to $49.0 million in Q2 2026 per OTIS's latest filing, from -$117.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $129.0 million in Q3 2024 and bottomed at -$178.0 million in Q1 2022.
- Historically, Change in Accured Expenses has averaged -$9.7 million across 5 years, with a median of $13.5 million in 2024.
- Annual changes were most pronounced in 2024 — Change in Accured Expenses jumped 578.95% — and 2026, when it tumbled 1075.0%.
- Otis Worldwide's Change in Accured Expenses stood at $82.0 million in 2022, then climbed by 20.73% to $99.0 million in 2023, then decreased by 16.16% to $83.0 million in 2024, then slumped by 293.98% to -$161.0 million in 2025, then jumped by 130.43% to $49.0 million in 2026.
- Business Quant data shows OTIS's Change in Accured Expenses at $49.0 million in Q2 2026, -$117.0 million in Q1 2026, and -$161.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | 476.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | - |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | -76.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 191.00 Mn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 317.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 57.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 47.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | -55.50 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 49.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.00 Mn |
| Jun 30, 2026 | 49.00 Mn |
| 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 |