Otis Worldwide (OTIS) Interest Coverage Ratio (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Interest Coverage Ratio of 9.27 for Q2 2026, down 15.23% year-over-year from 10.94 in Q2 2025, and little changed quarter-over-quarter from 9.29 in Q1 2026.
Otis Worldwide (OTIS) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Interest Coverage Ratio for 8 consecutive years, with 9.27 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 15.23% year-over-year to 9.27; the TTM figure through Jun 2026 stood at 9.54 (up 5.06% YoY), while the FY2025 annual figure was 8.33, up 3.74% from the prior year.
- Interest Coverage Ratio steadied at 9.27 in Q2 2026 per OTIS's latest filing, from 9.29 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 17.06 in Q2 2023 and bottomed at 7.21 in Q1 2025.
- Historically, Interest Coverage Ratio has averaged 12.11 across 5 years, with a median of 12.56 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 54.31% — and 2024, when it slumped 43.82%.
- Otis Worldwide's Interest Coverage Ratio stood at 14.44 in 2022, then declined by 27.71% to 10.44 in 2023, then declined by 5.81% to 9.83 in 2024, then fell by 14.43% to 8.41 in 2025, then advanced by 10.22% to 9.27 in 2026.
- Business Quant data shows OTIS's Interest Coverage Ratio at 9.27 in Q2 2026, 9.29 in Q1 2026, and 8.41 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 6.93 |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 11.44 |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 15.99 |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 14.52 |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 17.55 |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 14.58 |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 6.01 |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.27 |
| Mar 31, 2026 | 9.29 |
| Dec 31, 2025 | 8.41 |
| Sep 30, 2025 | 12.47 |
| Jun 30, 2025 | 10.94 |
| Mar 31, 2025 | 7.21 |
| Dec 31, 2024 | 9.83 |
| Sep 30, 2024 | 8.44 |
| Jun 30, 2024 | 13.26 |
| Mar 31, 2024 | 12.65 |
| Dec 31, 2023 | 10.44 |
| Sep 30, 2023 | 15.03 |
| Jun 30, 2023 | 17.06 |
| Mar 31, 2023 | 15.55 |
| Dec 31, 2022 | 14.44 |
| Sep 30, 2022 | 15.11 |
| Jun 30, 2022 | 13.91 |
| Mar 31, 2022 | 14.61 |
| Dec 31, 2021 | 9.36 |
| Sep 30, 2021 | 15.94 |