Otis Worldwide (OTIS) Dividend Coverage Ratio (2020 - 2026)
Otis Worldwide's Dividend Coverage Ratio was 2.56 in Q2 2026, up 6.9% from 2.40 a year earlier and up 22.9% from the prior quarter.
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Analysis
Otis Worldwide (OTIS) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Otis Worldwide's Dividend Coverage Ratio was 2.30 through Jun 30, 2026, down 4.1% year-over-year; for FY2025, it was 2.14, down 21.2% from FY2024.
- In earlier years, Dividend Coverage Ratio was 2.71 in FY2024 (+4.1%), 2.61 in FY2023 (-3.2%), 2.69 in FY2022 (-15.0%) and 3.17 in FY2021 (-9.0%).
- The Q2 2026 figure marks the highest quarterly Dividend Coverage Ratio since Q3 2024.
- Compared with a year earlier, Dividend Coverage Ratio has increased for three straight quarters, with an average decline of 1.9% over the last eight quarters.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was Q1 2026 (growth of 33.1%); the worst was Q1 2025 (a decline of 38.7%).
- Per Business Quant data, OTIS's Dividend Coverage Ratio in the three quarters before Q2 2026 was 2.09 (Q1 2026), 2.28 (Q4 2025) and 2.28 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 93.66 Bn | 88.28 Bn | 2.38 Bn | 4.55 |
| 2 | Johnson Controls International | 87.35 Bn | 85.08 Bn | 2.47 Bn | 3.06 |
| 3 | Carrier Global | 43.73 Bn | 38.10 Bn | 1.90 Bn | -13.10 |
| 4 | Comfort Systems Usa | 39.84 Bn | 33.80 Bn | 934.48 Mn | 15.48 |
| 5 | Otis Worldwide | 29.53 Bn | 25.92 Bn | 1.16 Bn | 2.46 |
| 6 | James Hardie Industries | 17.19 Bn | 15.75 Bn | 562.40 Mn | - |
| 7 | Masco | 16.43 Bn | 14.23 Bn | 720.00 Mn | 3.71 |
| 8 | Allegion | 15.94 Bn | 14.56 Bn | 548.20 Mn | 4.78 |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | 4.20 |
| 10 | Lennox International | 11.88 Bn | 11.69 Bn | 497.20 Mn | 4.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.46 |
| Jun 30, 2026 | 2.56 |
| Mar 31, 2026 | 2.09 |
| Dec 31, 2025 | 2.28 |
| Sep 30, 2025 | 2.28 |
| Jun 30, 2025 | 2.40 |
| Mar 31, 2025 | 1.57 |
| Dec 31, 2024 | 2.16 |
| Sep 30, 2024 | 3.48 |
| Jun 30, 2024 | 2.64 |
| Mar 31, 2024 | 2.56 |
| Dec 31, 2023 | 2.32 |
| Sep 30, 2023 | 2.71 |
| Jun 30, 2023 | 2.67 |
| Mar 31, 2023 | 2.76 |
| Dec 31, 2022 | 2.48 |
| Sep 30, 2022 | 2.68 |
| Jun 30, 2022 | 2.63 |
| Mar 31, 2022 | 3.05 |
| Dec 31, 2021 | 2.75 |
API Access
Otis Worldwide Dividend Coverage 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=dividend-coverage-ratio&ticker=OTIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();