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

Otis Worldwide (OTIS) has 8 years of Tax Rate data on file, last reported at 26.46% in Q1 2026.

• On a quarterly basis, Tax Rate fell 360.0% year-over-year to 26.46% in Q1 2026; TTM through Mar 2026 was 24.22%, a 905.0% increase from a year earlier, with the FY2025 full-year figure at 24.77%, up 981.0% from the prior year.
• Tax Rate for Q1 2026 stood at 26.46%, down from 27.0% in the prior quarter.
• Over the last five years, Tax Rate for OTIS reached as high as 30.11% in Q4 2022 and fell as low as 8.79% in Q3 2024.
• Historically, Tax Rate has averaged 23.69% across 5 years, with a median of 26.46% in 2026.
• Across the five-year window, Tax Rate sank 3454 bps in 2024 and surged 3355 bps in 2025, its largest moves.
• Year by year, Tax Rate stood at 30.11% in 2022, then retreated by 7 bps to 27.88% in 2023, then slipped by 3 bps to 26.92% in 2024, then climbed by 0 bps to 27.0% in 2025, then decreased by 2 bps to 26.46% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 26.46% in Q1 2026, 27.0% in Q4 2025, and 24.76% in Q3 2025.