Otis Worldwide (OTIS) Debt Ratio (2019 - 2026)
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.
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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 | 99.46 Bn | 94.20 Bn | 2.26 Bn | 0.19 |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 0.24 |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 0.01 |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 0.32 |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 0.76 |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 0.32 |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 0.60 |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 0.38 |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 0.46 |
| 10 | Lennox International | 12.27 Bn | 12.07 Bn | 539.50 Mn | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "OTIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();