Otis Worldwide (OTIS) Debt Ratio (2019 - 2026)

Otis Worldwide's (OTIS) quarterly Debt Ratio came in at 0.74 in Q1 2026, down 1.38% year-on-year from 0.75 in Q1 2025, and down 10.19% on a QoQ basis from 0.83 in Q4 2025.

Otis Worldwide (OTIS) Debt Ratio (2019 - 2026) Analysis & Trends

Otis Worldwide (OTIS) has 8 years of Debt Ratio data on file, last reported at 0.74 in Q1 2026.

  • On a quarterly basis, Debt Ratio fell 1.38% year-over-year to 0.74 in Q1 2026; TTM through Mar 2026 was 0.74, a 1.38% decrease from a year earlier, with the FY2025 full-year figure at 0.83, up 12.26% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.74, down from 0.83 in the prior quarter.
  • Over the last five years, Debt Ratio for OTIS reached as high as 0.86 in Q2 2024 and fell as low as 0.57 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.73 across 5 years, with a median of 0.74 in 2026.
  • Across the five-year window, Debt Ratio jumped 33.84% in 2022 and dropped 12.56% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.74 in 2022, then declined by 8.28% to 0.68 in 2023, then increased by 7.89% to 0.74 in 2024, then advanced by 12.26% to 0.83 in 2025, then retreated by 10.19% to 0.74 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.74 in Q1 2026, 0.83 in Q4 2025, and 0.76 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 0.03
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 0.38
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 0.31
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 0.20
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 0.32
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 0.56
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 0.13
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 0.33
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 0.26
10 Otis Worldwide 27.96 Bn 27.13 Bn 2.04 Bn 0.74

Historic Data

Download Data
DateValue
Mar 31, 2026 0.74
Dec 31, 2025 0.83
Sep 30, 2025 0.76
Jun 30, 2025 0.75
Mar 31, 2025 0.75
Dec 31, 2024 0.74
Sep 30, 2024 0.83
Jun 30, 2024 0.86
Mar 31, 2024 0.70
Dec 31, 2023 0.68
Sep 30, 2023 0.76
Jun 30, 2023 0.68
Mar 31, 2023 0.69
Dec 31, 2022 0.74
Sep 30, 2022 0.70
Jun 30, 2022 0.67
Mar 31, 2022 0.57
Dec 31, 2021 0.59
Sep 30, 2021 0.52
Jun 30, 2021 0.53