Otis Worldwide (OTIS) Payables (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Payables of $2.1 billion for Q2 2026, up 20.7% year-over-year from $1.7 billion in Q2 2025, and up 6.28% quarter-over-quarter from $2.0 billion in Q1 2026.
Otis Worldwide (OTIS) Payables (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Payables for 8 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Payables rose 20.7% year-over-year to $2.1 billion; the TTM figure through Jun 2026 stood at $2.1 billion (up 20.7% YoY), while the FY2025 annual figure was $2.1 billion, up 14.0% from the prior year.
- Payables climbed to $2.1 billion in Q2 2026 per OTIS's latest filing, from $2.0 billion in the prior quarter.
- Across five years, Payables topped out at $2.1 billion in Q4 2025 and bottomed at $1.5 billion in Q1 2023.
- Historically, Payables has averaged $1.8 billion across 5 years, with a median of $1.7 billion in 2022.
- Annual changes were most pronounced in 2022 — Payables declined 13.44% — and 2026, when it rose 22.06%.
- Otis Worldwide's Payables stood at $1.7 billion in 2022, then gained by 9.38% to $1.9 billion in 2023, then rose by 0.05% to $1.9 billion in 2024, then gained by 14.0% to $2.1 billion in 2025, then declined by 2.01% to $2.1 billion in 2026.
- Business Quant data shows OTIS's Payables at $2.1 billion in Q2 2026, $2.0 billion in Q1 2026, and $2.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | - |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 7.51 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 2.30 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 1.61 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 5.11 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 1.09 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 647.16 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 1.62 Bn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 911.40 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 2.10 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.10 Bn |
| Mar 31, 2026 | 1.98 Bn |
| Dec 31, 2025 | 2.14 Bn |
| Sep 30, 2025 | 1.76 Bn |
| Jun 30, 2025 | 1.74 Bn |
| Mar 31, 2025 | 1.62 Bn |
| Dec 31, 2024 | 1.88 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Sep 30, 2023 | 1.66 Bn |
| Jun 30, 2023 | 1.74 Bn |
| Mar 31, 2023 | 1.52 Bn |
| Dec 31, 2022 | 1.72 Bn |
| Sep 30, 2022 | 1.62 Bn |
| Jun 30, 2022 | 1.70 Bn |
| Mar 31, 2022 | 1.56 Bn |
| Dec 31, 2021 | 1.58 Bn |
| Sep 30, 2021 | 1.70 Bn |