Otis Worldwide (OTIS) Operating Leases (2019 - 2026)

Otis Worldwide's (OTIS) quarterly Operating Leases came in at $400.0 million in Q1 2026, up 25.39% year-on-year from $319.0 million in Q1 2025, and up 0.76% on a QoQ basis 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.

  • On a quarterly basis, Operating Leases rose 25.39% year-over-year to $400.0 million in Q1 2026; TTM through Mar 2026 was $400.0 million, a 25.39% increase from a year earlier, with the FY2025 full-year figure at $397.0 million, up 33.22% from the prior year.
  • Operating Leases for Q1 2026 stood at $400.0 million, up from $397.0 million in the prior quarter.
  • Over the last five years, Operating Leases for OTIS reached as high as $442.0 million in Q4 2022 and fell as low as $280.0 million in Q2 2024.
  • Historically, Operating Leases has averaged $346.7 million across 5 years, with a median of $329.0 million in 2023.
  • Across the five-year window, Operating Leases slipped 27.14% in 2024 and soared 41.26% in 2025, its largest moves.
  • Year by year, Operating Leases stood at $442.0 million in 2022, then declined by 7.47% to $409.0 million in 2023, then declined by 27.14% to $298.0 million in 2024, then soared by 33.22% to $397.0 million in 2025, then gained by 0.76% to $400.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 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
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 298.00 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
Jun 30, 2021 386.00 Mn