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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |