Otis Worldwide (OTIS) Interest Expenses (2019 - 2026)

Otis Worldwide's (OTIS) quarterly Interest Expenses came in at $42.0 million in Q1 2026, down 26.32% year-on-year from $57.0 million in Q1 2025, and down 26.32% on a QoQ basis from $57.0 million in Q4 2025.

Otis Worldwide (OTIS) Interest Expenses (2019 - 2026) Analysis & Trends

Otis Worldwide (OTIS) has 8 years of Interest Expenses data on file, last reported at $42.0 million in Q1 2026.

  • On a quarterly basis, Interest Expenses fell 26.32% year-over-year to $42.0 million in Q1 2026; TTM through Mar 2026 was $42.0 million, a 77.42% decrease from a year earlier, with the FY2025 full-year figure at $230.0 million, down 8.0% from the prior year.
  • Interest Expenses for Q1 2026 stood at $42.0 million, down from $57.0 million in the prior quarter.
  • Over the last five years, Interest Expenses for OTIS reached as high as $57.0 million in Q1 2025 and fell as low as $27.0 million in Q4 2023.
  • Historically, Interest Expenses has averaged $41.0 million across 5 years, with a median of $42.0 million in 2026.
  • Across the five-year window, Interest Expenses surged 59.26% in 2024 and decreased 26.32% in 2026, its largest moves.
  • Year by year, Interest Expenses stood at $34.0 million in 2022, then declined by 20.59% to $27.0 million in 2023, then jumped by 59.26% to $43.0 million in 2024, then jumped by 32.56% to $57.0 million in 2025, then retreated by 26.32% to $42.0 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $42.0 million in Q1 2026, $57.0 million in Q4 2025, and $47.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -73.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 106.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 529.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 638.00 Mn
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 73.00 Mn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 20.91 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 71.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 63.80 Mn
10 Otis Worldwide 27.96 Bn 27.13 Bn 2.04 Bn 42.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 42.00 Mn
Mar 31, 2026 42.00 Mn
Dec 31, 2025 57.00 Mn
Dec 31, 2025 57.00 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 43.00 Mn
Dec 31, 2024 43.00 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
Dec 31, 2023 27.00 Mn
Dec 31, 2023 27.00 Mn