Otis Worldwide (OTIS) Payables (2019 - 2026)
Otis Worldwide's (OTIS) quarterly Payables came in at $2.0 billion in Q1 2026, up 22.06% year-on-year from $1.6 billion in Q1 2025, and down 7.8% on a QoQ basis from $2.1 billion in Q4 2025.
Otis Worldwide (OTIS) Payables (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has 8 years of Payables data on file, last reported at $2.0 billion in Q1 2026.
- On a quarterly basis, Payables rose 22.06% year-over-year to $2.0 billion in Q1 2026; TTM through Mar 2026 was $2.0 billion, a 22.06% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 14.0% from the prior year.
- Payables for Q1 2026 stood at $2.0 billion, down from $2.1 billion in the prior quarter.
- Over the last five years, Payables for OTIS reached as high as $2.1 billion in Q4 2025 and fell as low as $1.5 billion in Q1 2023.
- Historically, Payables has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2022.
- Across the five-year window, Payables slipped 13.44% in 2022 and grew 22.06% in 2026, its largest moves.
- Year by year, Payables stood at $1.7 billion in 2022, then climbed by 9.38% to $1.9 billion in 2023, then advanced by 0.05% to $1.9 billion in 2024, then climbed by 14.0% to $2.1 billion in 2025, then dropped by 7.8% to $2.0 billion in 2026.
- Per Business Quant data, the three most recent Payables figures were $2.0 billion in Q1 2026, $2.1 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | - |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 7.42 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 2.30 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 4.78 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 1.47 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.07 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 619.26 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 1.95 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 847.40 Mn |
| 10 | Otis Worldwide | 27.96 Bn | 27.13 Bn | 2.04 Bn | 1.98 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.91 Bn |