Otis Worldwide (OTIS) Interest Expenses (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Interest Expenses of $62.0 million for Q2 2026, up 24.0% year-over-year from $50.0 million in Q2 2025, and up 6.9% quarter-over-quarter from $58.0 million in Q1 2026.
Otis Worldwide (OTIS) Interest Expenses (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Interest Expenses for 8 consecutive years, with $62.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses rose 24.0% year-over-year to $62.0 million; the TTM figure through Jun 2026 stood at $240.0 million (up 17.65% YoY), while the FY2025 annual figure was $256.0 million, up 2.4% from the prior year.
- Interest Expenses rose to $62.0 million in Q2 2026 per OTIS's latest filing, from $58.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $70.0 million in Q4 2025 and bottomed at $33.0 million in Q1 2023.
- Historically, Interest Expenses has averaged $45.7 million across 5 years, with a median of $43.0 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses sank 35.85% — and 2023, when it jumped 47.06%.
- Otis Worldwide's Interest Expenses stood at $34.0 million in 2022, then soared by 47.06% to $50.0 million in 2023, then advanced by 8.0% to $54.0 million in 2024, then advanced by 29.63% to $70.0 million in 2025, then fell by 11.43% to $62.0 million in 2026.
- Business Quant data shows OTIS's Interest Expenses at $62.0 million in Q2 2026, $58.0 million in Q1 2026, and $70.0 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 201.00 Mn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 80.00 Mn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 79.00 Mn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 30.10 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 33.00 Mn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 63.30 Mn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.00 Mn |
| Jun 30, 2026 | 62.00 Mn |
| Mar 31, 2026 | 58.00 Mn |
| Mar 31, 2026 | 58.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Sep 30, 2025 | 47.00 Mn |
| Sep 30, 2025 | 47.00 Mn |
| Jun 30, 2025 | 50.00 Mn |
| Jun 30, 2025 | 50.00 Mn |
| Mar 31, 2025 | 57.00 Mn |
| Mar 31, 2025 | 57.00 Mn |
| Dec 31, 2024 | 54.00 Mn |
| Dec 31, 2024 | 54.00 Mn |
| Sep 30, 2024 | 43.00 Mn |
| Sep 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 43.00 Mn |
| Mar 31, 2024 | 43.00 Mn |
| Mar 31, 2024 | 43.00 Mn |