Otis Worldwide (OTIS) Operating Leases (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Operating Leases of $410.0 million for Q2 2026, up 9.33% year-over-year from $375.0 million in Q2 2025, and up 2.5% quarter-over-quarter from $400.0 million in Q1 2026.
Otis Worldwide (OTIS) Operating Leases (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Operating Leases for 8 consecutive years, with $410.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases rose 9.33% year-over-year to $410.0 million; the TTM figure through Jun 2026 stood at $410.0 million (up 9.33% YoY), while the FY2025 annual figure was $397.0 million, down 5.02% from the prior year.
- Operating Leases climbed to $410.0 million in Q2 2026 per OTIS's latest filing, from $400.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $442.0 million in Q4 2022 and bottomed at $280.0 million in Q2 2024.
- Historically, Operating Leases has averaged $356.9 million across 5 years, with a median of $367.0 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Leases slipped 14.77% — and 2025, when it surged 41.26%.
- Otis Worldwide's Operating Leases stood at $442.0 million in 2022, then slipped by 7.47% to $409.0 million in 2023, then increased by 2.2% to $418.0 million in 2024, then fell by 5.02% to $397.0 million in 2025, then grew by 3.27% to $410.0 million in 2026.
- Business Quant data shows OTIS's Operating Leases at $410.0 million in Q2 2026, $400.0 million in Q1 2026, and $397.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 410.00 Mn |
| 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 | 409.00 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 |