Otis Worldwide (OTIS) Tax Provisions (2019 - 2026)

Otis Worldwide (OTIS) reported Tax Provisions of $127.0 million for Q1 2026, up 15.45% year-over-year from $110.0 million in Q1 2025, and down 10.56% quarter-over-quarter from $142.0 million in Q4 2025.

Otis Worldwide (OTIS) Tax Provisions (2019 - 2026) Analysis & Trends

Otis Worldwide (OTIS) has 8 years of Tax Provisions data on file, last reported at $127.0 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $127.0 million, up 15.45% year-over-year; the trailing twelve-month figure through Mar 2026 was $496.0 million (up 71.63% YoY), and the FY2025 annual result was $479.0 million, up 57.05% from the prior year.
  • Tax Provisions eased to $127.0 million in Q1 2026 per OTIS's latest filing, from $142.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $143.0 million in Q3 2022 and troughed at -$45.0 million in Q3 2024.
  • A 5-year average of $115.5 million and a median of $129.0 million in 2025 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2024 and 2025: Tax Provisions plunged 132.85% in 2024, then soared 386.67% in 2025.
  • A 5-year view of Tax Provisions shows it stood at $137.0 million in 2022, then declined by 2.92% to $133.0 million in 2023, then retreated by 2.26% to $130.0 million in 2024, then climbed by 9.23% to $142.0 million in 2025, then retreated by 10.56% to $127.0 million in 2026.
  • Business Quant data shows OTIS's Tax Provisions at $127.0 million in Q1 2026, $142.0 million in Q4 2025, and $129.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 354.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 240.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 215.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 254.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 175.00 Mn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 199.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 93.62 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 89.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 60.15 Mn
10 Otis Worldwide 27.30 Bn 26.54 Bn 2.61 Bn 127.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 127.00 Mn
Dec 31, 2025 142.00 Mn
Sep 30, 2025 129.00 Mn
Jun 30, 2025 98.00 Mn
Mar 31, 2025 110.00 Mn
Dec 31, 2024 130.00 Mn
Sep 30, 2024 -45.00 Mn
Jun 30, 2024 94.00 Mn
Mar 31, 2024 126.00 Mn
Dec 31, 2023 133.00 Mn
Sep 30, 2023 137.00 Mn
Jun 30, 2023 135.00 Mn
Mar 31, 2023 128.00 Mn
Dec 31, 2022 137.00 Mn
Sep 30, 2022 143.00 Mn
Jun 30, 2022 103.00 Mn
Mar 31, 2022 136.00 Mn
Dec 31, 2021 137.00 Mn
Sep 30, 2021 128.00 Mn
Jun 30, 2021 153.00 Mn