Otis Worldwide OTIS
NYSE OTIS
$75.61 +3.25 (+4.49%)
At close: Oct 22, 2026 · 4:00 PM EDT

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

Updated

Otis Worldwide's (OTIS) Debt Ratio was 0.76 for Q2 2026, up 2.4% from 0.74 a year earlier and up 2.0% from the prior quarter.

Analysis

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

For FY2025, Debt Ratio at Otis Worldwide was 0.75, up 1.5% from FY2024.

  • By year, Debt Ratio came in at 0.74 in FY2024 (+7.9%), 0.68 in FY2023 (-1.1%), 0.69 in FY2022 (+16.0%) and 0.59 in FY2021 (+6.7%).
  • The Q2 2026 figure ranks as the highest quarterly Debt Ratio in data going back to Q4 2019.
  • Year over year, Debt Ratio gained in six of the last eight quarters, with growth averaging 3.0%.
  • The high point for year-over-year Debt Ratio in five years was Q3 2022 (growth of 33.8%); the low point was Q3 2021 (a decline of 9.1%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 0.74 (Q1 2026), 0.75 (Q4 2025) and 0.75 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 98.79 Bn 93.53 Bn 2.26 Bn 0.19
2 Johnson Controls International 86.60 Bn 84.36 Bn 2.47 Bn 0.24
3 Carrier Global 46.55 Bn 41.18 Bn 1.94 Bn 0.32
4 Comfort Systems Usa 44.62 Bn 38.57 Bn 934.48 Mn 0.01
5 Otis Worldwide 28.78 Bn 25.39 Bn 1.14 Bn 0.76
6 James Hardie Industries 15.40 Bn 14.47 Bn 548.70 Mn 0.32
7 Masco 15.39 Bn 13.49 Bn 868.00 Mn 0.60
8 Allegion 15.00 Bn 13.71 Bn 517.50 Mn 0.38
9 Carlisle Companies 14.05 Bn 10.39 Bn 568.40 Mn 0.46
10 Lennox International 13.09 Bn 12.89 Bn 539.50 Mn 0.35
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.76
Mar 31, 2026 0.74
Dec 31, 2025 0.75
Sep 30, 2025 0.75
Jun 30, 2025 0.74
Mar 31, 2025 0.75
Dec 31, 2024 0.74
Sep 30, 2024 0.71
Jun 30, 2024 0.73
Mar 31, 2024 0.70
Dec 31, 2023 0.68
Sep 30, 2023 0.71
Jun 30, 2023 0.68
Mar 31, 2023 0.69
Dec 31, 2022 0.69
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
API Access

Otis Worldwide Debt 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=debt-ratio&ticker=OTIS&period=max&api_key=YOUR_API_KEY