Otis Worldwide (OTIS) Interest Coverage Ratio (2019 - 2026)
Otis Worldwide's (OTIS) quarterly Interest Coverage Ratio came in at 12.83 in Q1 2026, up 77.98% year-on-year from 7.21 in Q1 2025, and up 24.19% on a QoQ basis from 10.33 in Q4 2025.
Otis Worldwide (OTIS) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 8 years of Interest Coverage Ratio data on file, last reported at 12.83 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 77.98% year-over-year to 12.83 in Q1 2026; TTM through Mar 2026 was 53.83, a 434.03% increase from a year earlier, with the FY2025 full-year figure at 9.27, up 15.46% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 12.83, up from 10.33 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for OTIS reached as high as 19.33 in Q4 2023 and fell as low as 7.21 in Q1 2025.
- Historically, Interest Coverage Ratio has averaged 13.27 across 5 years, with a median of 13.26 in 2024.
- Across the five-year window, Interest Coverage Ratio plunged 43.82% in 2024 and jumped 77.98% in 2026, its largest moves.
- Year by year, Interest Coverage Ratio stood at 14.44 in 2022, then surged by 33.88% to 19.33 in 2023, then plunged by 36.13% to 12.35 in 2024, then retreated by 16.32% to 10.33 in 2025, then increased by 24.19% to 12.83 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 12.83 in Q1 2026, 10.33 in Q4 2025, and 12.47 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 2.14 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.49 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 6.58 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 4.54 |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 Bn | 12.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.83 |
| Dec 31, 2025 | 10.33 |
| Sep 30, 2025 | 12.47 |
| Jun 30, 2025 | 10.94 |
| Mar 31, 2025 | 7.21 |
| Dec 31, 2024 | 12.35 |
| Sep 30, 2024 | 8.44 |
| Jun 30, 2024 | 13.26 |
| Mar 31, 2024 | 12.65 |
| Dec 31, 2023 | 19.33 |
| 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 | 14.17 |
| Sep 30, 2021 | 15.94 |
| Jun 30, 2021 | 16.50 |