Otis Worldwide (OTIS) Tax Provisions (2019 - 2026)
Otis Worldwide (OTIS) posted Tax Provisions of $126 million for Q3 2026, down 2.3% from $129 million a year earlier but up 28.6% from the prior quarter.
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Analysis
Otis Worldwide (OTIS) Tax Provisions (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Provisions at Otis Worldwide was $493 million, up 5.6% year-over-year; for FY2025, it was $479 million, up 57.0% from FY2024.
- Annual Tax Provisions shows a five-year compound annual growth rate of 1.0% (FY2020 to FY2025).
- In prior years, Otis Worldwide's Tax Provisions was $305 million in FY2024 (-42.8%), $533 million in FY2023 (+2.7%), $519 million in FY2022 (-4.1%) and $541 million in FY2021 (+18.9%).
- Quarterly Tax Provisions has run from a low of -$45 million in Q3 2024 to a high of $143 million in Q3 2022 over five years.
- On a year-over-year basis, Tax Provisions increased in three of the last seven quarters, with growth averaging 1.7%.
- The strongest year-over-year quarter for Tax Provisions in the past five years was Q2 2023, with growth of 31.1%; the weakest was Q2 2022, with a decline of 32.7%.
- According to Business Quant data, Tax Provisions for the three prior quarters was $98 million (Q2 2026), $127 million (Q1 2026) and $142 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 219.90 Mn |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | 93.00 Mn |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | 177.00 Mn |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 146.01 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 126.00 Mn |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 77.60 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 82.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 46.90 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 62.50 Mn |
| 10 | Madison Air Solutions | 12.59 Bn | 9.25 Bn | 422.70 Mn | 20.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 126.00 Mn |
| Jun 30, 2026 | 98.00 Mn |
| 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 |
API Access
Otis Worldwide Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=OTIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "OTIS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=OTIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();