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
DateValue
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