Otis Worldwide (OTIS) Short term Debt (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Short term Debt of $1.4 billion for Q2 2026, up 105.93% year-over-year from $675.0 million in Q2 2025, and up 48.03% quarter-over-quarter from $939.0 million in Q1 2026.
Otis Worldwide (OTIS) Short term Debt (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Short term Debt for 8 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Short term Debt rose 105.93% year-over-year to $1.4 billion; the TTM figure through Jun 2026 stood at $1.4 billion (up 105.93% YoY), while the FY2025 annual figure was $1.1 billion, down 21.84% from the prior year.
- Short term Debt climbed to $1.4 billion in Q2 2026 per OTIS's latest filing, from $939.0 million in the prior quarter.
- Across five years, Short term Debt topped out at $1.7 billion in Q3 2024 and bottomed at $32.0 million in Q4 2023.
- Historically, Short term Debt has averaged $758.8 million across 5 years, with a median of $672.5 million in 2022.
- Annual changes were most pronounced in 2023 — Short term Debt slumped 95.22% — and 2025, when it surged 4137.14%.
- Otis Worldwide's Short term Debt stood at $670.0 million in 2022, then plunged by 95.22% to $32.0 million in 2023, then jumped by 4121.88% to $1.4 billion in 2024, then decreased by 21.84% to $1.1 billion in 2025, then soared by 31.63% to $1.4 billion in 2026.
- Business Quant data shows OTIS's Short term Debt at $1.4 billion in Q2 2026, $939.0 million in Q1 2026, and $1.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 258.26 Bn | 245.14 Bn | 2.36 Bn |
| 2 | Eaton | 164.18 Bn | 163.48 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.32 Bn | 125.85 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.42 Bn | 85.24 Bn | 2.66 Bn |
| 5 | Cummins | 81.80 Bn | 77.13 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.95 Bn | 80.11 Bn | 1.90 Bn |
| 7 | Ametek | 54.62 Bn | 54.12 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.53 Bn | 48.05 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.67 Bn | 30.49 Bn | 862.60 Mn |
| 10 | Otis Worldwide | 27.55 Bn | 26.74 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.39 Bn |
| Mar 31, 2026 | 939.00 Mn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 492.00 Mn |
| Jun 30, 2025 | 675.00 Mn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.67 Bn |
| Jun 30, 2024 | 1.66 Bn |
| Mar 31, 2024 | 35.00 Mn |
| Dec 31, 2023 | 32.00 Mn |
| Sep 30, 2023 | 585.00 Mn |
| Jun 30, 2023 | 746.00 Mn |
| Mar 31, 2023 | 646.00 Mn |
| Dec 31, 2022 | 670.00 Mn |
| Sep 30, 2022 | 103.00 Mn |
| Jun 30, 2022 | 81.00 Mn |
| Mar 31, 2022 | 51.00 Mn |
| Dec 31, 2021 | 24.00 Mn |
| Sep 30, 2021 | 38.00 Mn |