Otis Worldwide (OTIS) Long-Term Deferred Tax (2019 - 2026)
Otis Worldwide's (OTIS) quarterly Long-Term Deferred Tax came in at $400.0 million in Q1 2026, up 31.15% year-on-year from $305.0 million in Q1 2025, and down 1.72% on a QoQ basis from $407.0 million in Q4 2025.
Otis Worldwide (OTIS) Long-Term Deferred Tax (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 8 years of Long-Term Deferred Tax data on file, last reported at $400.0 million in Q1 2026.
- On a quarterly basis, Long-Term Deferred Tax rose 31.15% year-over-year to $400.0 million in Q1 2026; TTM through Mar 2026 was $400.0 million, a 31.15% increase from a year earlier, with the FY2025 full-year figure at $407.0 million, up 34.77% from the prior year.
- Long-Term Deferred Tax for Q1 2026 stood at $400.0 million, down from $407.0 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for OTIS reached as high as $411.0 million in Q3 2025 and fell as low as $281.0 million in Q1 2023.
- Historically, Long-Term Deferred Tax has averaged $323.9 million across 5 years, with a median of $305.0 million in 2025.
- Across the five-year window, Long-Term Deferred Tax declined 17.61% in 2022 and soared 34.77% in 2025, its largest moves.
- Year by year, Long-Term Deferred Tax stood at $285.0 million in 2022, then advanced by 13.33% to $323.0 million in 2023, then retreated by 6.5% to $302.0 million in 2024, then soared by 34.77% to $407.0 million in 2025, then fell by 1.72% to $400.0 million in 2026.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $400.0 million in Q1 2026, $407.0 million in Q4 2025, and $411.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 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 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 400.00 Mn |
| Dec 31, 2025 | 407.00 Mn |
| Sep 30, 2025 | 411.00 Mn |
| Jun 30, 2025 | 392.00 Mn |
| Mar 31, 2025 | 305.00 Mn |
| Dec 31, 2024 | 302.00 Mn |
| Sep 30, 2024 | 315.00 Mn |
| Jun 30, 2024 | 302.00 Mn |
| Mar 31, 2024 | 303.00 Mn |
| Dec 31, 2023 | 323.00 Mn |
| Sep 30, 2023 | 290.00 Mn |
| Jun 30, 2023 | 284.00 Mn |
| Mar 31, 2023 | 281.00 Mn |
| Dec 31, 2022 | 285.00 Mn |
| Sep 30, 2022 | 290.00 Mn |
| Jun 30, 2022 | 306.00 Mn |
| Mar 31, 2022 | 311.00 Mn |
| Dec 31, 2021 | 335.00 Mn |
| Sep 30, 2021 | 352.00 Mn |
| Jun 30, 2021 | 334.00 Mn |