Otis Worldwide OTIS
NYSE OTIS
$67.90 -1.40 (-2.02%)
As of: Sep 10, 2026 · 3:59 PM EDT

Otis Worldwide (OTIS) Deferred Taxes (2019 - 2026)

Otis Worldwide's (OTIS) quarterly Deferred Taxes came in at -$42.0 million in Q2 2026, up 43.24% year-over-year from -$29.3 million in Q2 2025, and down 1150.0% quarter-over-quarter from $4.0 million in Q1 2026.

Analysis

Otis Worldwide (OTIS) Deferred Taxes (2019 - 2026) Analysis & Trends

Otis Worldwide (OTIS) has reported Deferred Taxes for 8 consecutive years, with -$42.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Deferred Taxes rose 43.24% year-over-year to -$42.0 million in Q2 2026; TTM through Jun 2026 was -$68.0 million, a 15.0% increase from a year earlier, with the FY2025 full-year figure at -$104.0 million, down 235.48% from the prior year.
  • Deferred Taxes was -$42.0 million for Q2 2026 at Otis Worldwide, down from $4.0 million in the prior quarter.
  • Over five years, Deferred Taxes peaked at $17.0 million in Q1 2022 and troughed at -$74.0 million in Q2 2025.
  • A 5-year average of -$15.6 million and a median of -$12.5 million in 2022 frame the typical range for Deferred Taxes.
  • Across the five-year window, Deferred Taxes soared 900.0% in 2024 and sank 2700.0% in 2025, its largest moves.
  • Over 5 years, Deferred Taxes stood at -$22.0 million in 2022, then retreated by 22.73% to -$27.0 million in 2023, then soared by 81.48% to -$5.0 million in 2024, then jumped by 60.0% to -$2.0 million in 2025, then sank by 2000.0% to -$42.0 million in 2026.
  • The last three Deferred Taxes figures came in at -$42.0 million (Q2 2026), $4.0 million (Q1 2026), and -$2.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Otis Worldwide 25.97 Bn 25.15 Bn 1.14 Bn -42.00 Mn
2 James Hardie Industries 17.99 Bn 17.70 Bn 548.70 Mn 29.00 Mn
3 Masco 13.46 Bn 12.91 Bn 868.00 Mn -
4 Carlisle Companies 13.28 Bn 12.61 Bn 568.40 Mn -700,000.00
5 Allegion 12.97 Bn 12.65 Bn 517.50 Mn -
6 Owens Corning 10.23 Bn 9.96 Bn 793.00 Mn 87.00 Mn
7 Advanced Drainage Systems 9.72 Bn 9.56 Bn 408.05 Mn 1.16 Mn
8 Acuity Inc. (De) 9.58 Bn 9.17 Bn 606.40 Mn -
9 Zurn Elkay Water Solutions 7.59 Bn 7.23 Bn 288.30 Mn 9.10 Mn
10 Simpson Manufacturing 7.07 Bn 6.62 Bn 318.19 Mn 772,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -42.00 Mn
Mar 31, 2026 4.00 Mn
Dec 31, 2025 -2.00 Mn
Sep 30, 2025 -28.00 Mn
Jun 30, 2025 -74.00 Mn
Dec 31, 2024 -5.00 Mn
Sep 30, 2024 -1.00 Mn
Jun 30, 2024 -41.00 Mn
Mar 31, 2024 16.00 Mn
Dec 31, 2023 -27.00 Mn
Sep 30, 2023 -18.00 Mn
Jun 30, 2023 -14.00 Mn
Mar 31, 2023 -2.00 Mn
Dec 31, 2022 -22.00 Mn
Jun 30, 2022 -11.00 Mn
Mar 31, 2022 17.00 Mn
Dec 31, 2021 -20.00 Mn
Sep 30, 2021 -33.00 Mn
Jun 30, 2021 -11.00 Mn
Mar 31, 2021 -28.00 Mn