Otis Worldwide (OTIS) Debt Ratio (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Debt Ratio of 0.86 for Q2 2026, up 14.57% year-over-year from 0.75 in Q2 2025, and up 6.74% quarter-over-quarter from 0.81 in Q1 2026.
Otis Worldwide (OTIS) Debt Ratio (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Debt Ratio for 8 consecutive years, with 0.86 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio rose 14.57% year-over-year to 0.86; the TTM figure through Jun 2026 stood at 0.86 (up 14.57% YoY), while the FY2025 annual figure was 0.83, down 2.9% from the prior year.
- Debt Ratio climbed to 0.86 in Q2 2026 per OTIS's latest filing, from 0.81 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.88 in Q1 2025 and bottomed at 0.57 in Q1 2022.
- Historically, Debt Ratio has averaged 0.76 across 5 years, with a median of 0.76 in 2025.
- Annual changes were most pronounced in 2022 — Debt Ratio soared 33.84% — and 2025, when it fell 12.56%.
- Otis Worldwide's Debt Ratio stood at 0.74 in 2022, then slipped by 8.28% to 0.68 in 2023, then rose by 24.74% to 0.85 in 2024, then fell by 2.9% to 0.83 in 2025, then climbed by 4.38% to 0.86 in 2026.
- Business Quant data shows OTIS's Debt Ratio at 0.86 in Q2 2026, 0.81 in Q1 2026, and 0.83 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 257.89 Bn | 244.77 Bn | 2.36 Bn | 0.03 |
| 2 | Eaton | 162.90 Bn | 162.20 Bn | 2.86 Bn | 0.37 |
| 3 | Parker-Hannifin | 125.38 Bn | 124.91 Bn | 2.02 Bn | 0.31 |
| 4 | Emerson Electric | 87.15 Bn | 84.97 Bn | 2.66 Bn | 0.31 |
| 5 | Cummins | 81.67 Bn | 77.01 Bn | 2.47 Bn | 0.19 |
| 6 | Illinois Tool Works | 80.68 Bn | 79.84 Bn | 1.90 Bn | 0.59 |
| 7 | Ametek | 54.43 Bn | 53.94 Bn | 735.04 Mn | 0.12 |
| 8 | Rockwell Automation | 48.41 Bn | 47.93 Bn | 1.14 Bn | 0.29 |
| 9 | Ingersoll Rand | 31.45 Bn | 30.27 Bn | 862.60 Mn | 0.26 |
| 10 | Otis Worldwide | 27.47 Bn | 26.66 Bn | 1.14 Bn | 0.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.86 |
| Mar 31, 2026 | 0.81 |
| Dec 31, 2025 | 0.83 |
| Sep 30, 2025 | 0.76 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.85 |
| 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 | 0.73 |
| Mar 31, 2023 | 0.74 |
| 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 |