Otis Worldwide (OTIS) Operating Leases (2019 - 2026)
Otis Worldwide (OTIS) reported Operating Leases of $400.0 million for Q1 2026, up 25.39% year-over-year from $319.0 million in Q1 2025, and up 0.76% quarter-over-quarter from $397.0 million in Q4 2025.
Otis Worldwide (OTIS) Operating Leases (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 8 years of Operating Leases data on file, last reported at $400.0 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $400.0 million, up 25.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $400.0 million (up 25.39% YoY), and the FY2025 annual result was $397.0 million, down 5.02% from the prior year.
- Operating Leases rose to $400.0 million in Q1 2026 per OTIS's latest filing, from $397.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $442.0 million in Q4 2022 and troughed at $280.0 million in Q2 2024.
- A 5-year average of $346.9 million and a median of $329.0 million in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2024: Operating Leases tumbled 33.94% in 2023, then jumped 43.15% in 2024.
- A 5-year view of Operating Leases shows it stood at $442.0 million in 2022, then plunged by 33.94% to $292.0 million in 2023, then jumped by 43.15% to $418.0 million in 2024, then declined by 5.02% to $397.0 million in 2025, then grew by 0.76% to $400.0 million in 2026.
- Business Quant data shows OTIS's Operating Leases at $400.0 million in Q1 2026, $397.0 million in Q4 2025, and $404.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn |
| 10 | Otis Worldwide | 27.30 Bn | 26.54 Bn | 2.61 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 400.00 Mn |
| Dec 31, 2025 | 397.00 Mn |
| Sep 30, 2025 | 404.00 Mn |
| Jun 30, 2025 | 375.00 Mn |
| Mar 31, 2025 | 319.00 Mn |
| Dec 31, 2024 | 418.00 Mn |
| Sep 30, 2024 | 286.00 Mn |
| Jun 30, 2024 | 280.00 Mn |
| Mar 31, 2024 | 284.00 Mn |
| Dec 31, 2023 | 292.00 Mn |
| Sep 30, 2023 | 293.00 Mn |
| Jun 30, 2023 | 308.00 Mn |
| Mar 31, 2023 | 329.00 Mn |
| Dec 31, 2022 | 442.00 Mn |
| Sep 30, 2022 | 325.00 Mn |
| Jun 30, 2022 | 359.00 Mn |
| Mar 31, 2022 | 386.00 Mn |
| Dec 31, 2021 | 517.00 Mn |
| Sep 30, 2021 | 364.00 Mn |
| Jun 30, 2021 | 386.00 Mn |