Otis Worldwide (OTIS) Net Income Attributable to Noncontrolling Interests (2019 - 2026)
Otis Worldwide (OTIS) recorded Net Income Attributable to Noncontrolling Interests of $12 million in Q3 2026, down 33.3% from $18 million a year earlier and down 42.9% from the prior quarter.
Otis Worldwide (OTIS) Net Income Attributable to Noncontrolling Interests (2019 - 2026) Analysis & Trends
On a TTM basis, Otis Worldwide's Net Income Attributable to Noncontrolling Interests came in at $56 million as of Sep 30, 2026, down 27.3% year-over-year; for FY2025, it came in at $71 million, down 20.2% from FY2024.
- Annual Net Income Attributable to Noncontrolling Interests has declined for four straight years, with a five-year compound annual growth rate of -13.9% (FY2020 to FY2025).
- Across earlier years, Net Income Attributable to Noncontrolling Interests came in at $89 million in FY2024 (-3.3%), $92 million in FY2023 (-20.7%), $116 million in FY2022 (-33.3%) and $174 million in FY2021 (+16.0%).
- Quarterly Net Income Attributable to Noncontrolling Interests has ranged from $10 million in Q4 2025 to $42 million in Q1 2022 over the past five years.
- On a year-over-year basis, Net Income Attributable to Noncontrolling Interests rose in 1 of the last eight quarters, with an average decline of 21.4%.
- Peak year-over-year performance for Net Income Attributable to Noncontrolling Interests in the last five years was growth of 14.8% in Q2 2023, against a decline of 50.0% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $21 million (Q2 2026), $13 million (Q1 2026) and $10 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 91.50 Bn | 86.14 Bn | 2.38 Bn | -5.30 Mn |
| 2 | Johnson Controls International | 83.63 Bn | 81.11 Bn | 2.71 Bn | 3.00 Mn |
| 3 | Carrier Global | 44.36 Bn | 39.10 Bn | 1.90 Bn | 53.00 Mn |
| 4 | Comfort Systems Usa | 38.92 Bn | 32.88 Bn | 934.48 Mn | - |
| 5 | Otis Worldwide | 29.51 Bn | 26.06 Bn | 1.16 Bn | 12.00 Mn |
| 6 | Masco | 16.33 Bn | 14.40 Bn | 720.00 Mn | 10.00 Mn |
| 7 | Allegion | 16.19 Bn | 14.81 Bn | 548.20 Mn | - |
| 8 | James Hardie Industries | 16.17 Bn | 15.36 Bn | 562.40 Mn | 155.30 Mn |
| 9 | Carlisle Companies | 15.38 Bn | 12.28 Bn | 494.90 Mn | - |
| 10 | Madison Air Solutions | 12.50 Bn | 9.16 Bn | 422.70 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.00 Mn |
| Jun 30, 2026 | 21.00 Mn |
| Mar 31, 2026 | 13.00 Mn |
| Dec 31, 2025 | 10.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Mar 31, 2025 | 13.00 Mn |
| Dec 31, 2024 | 16.00 Mn |
| Sep 30, 2024 | 17.00 Mn |
| Jun 30, 2024 | 35.00 Mn |
| Mar 31, 2024 | 21.00 Mn |
| Dec 31, 2023 | 21.00 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 31.00 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | 21.00 Mn |
| Sep 30, 2022 | 26.00 Mn |
| Jun 30, 2022 | 27.00 Mn |
| Mar 31, 2022 | 42.00 Mn |
| Dec 31, 2021 | 29.00 Mn |
Otis Worldwide Net Income Attributable to Noncontrolling Interests 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=income-from-non-controlling-interests&ticker=OTIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();