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| 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 | 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 |