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

Otis Worldwide (OTIS) has reported Tax Rate for 8 consecutive years, with 17.92% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Rate fell 89.0% year-over-year to 17.92% in Q2 2026; TTM through Jun 2026 was 23.92%, a 835.0% increase from a year earlier, with the FY2025 full-year figure at 24.77%, up 981.0% from the prior year.
• Tax Rate was 17.92% for Q2 2026 at Otis Worldwide, down from 26.46% in the prior quarter.
• Over five years, Tax Rate peaked at 30.11% in Q4 2022 and troughed at 8.79% in Q3 2024.
• A 5-year average of 23.37% and a median of 26.11% in 2023 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate plunged 3454 bps in 2024 and soared 3355 bps in 2025, its largest moves.
• Over 5 years, Tax Rate stood at 30.11% in 2022, then slipped by 7 bps to 27.88% in 2023, then declined by 3 bps to 26.92% in 2024, then increased by 0 bps to 27.0% in 2025, then sank by 34 bps to 17.92% in 2026.
• The last three Tax Rate figures came in at 17.92% (Q2 2026), 26.46% (Q1 2026), and 27.0% (Q4 2025), per Business Quant data.