Otis Worldwide (OTIS) Total Debt (2019 - 2026)
Otis Worldwide (OTIS) posted quarterly Total Debt of $9.6 billion for Q2 2026, up 21.78% year-over-year from $7.9 billion in Q2 2025, and up 12.96% quarter-over-quarter from $8.5 billion in Q1 2026.
Otis Worldwide (OTIS) Total Debt (2019 - 2026) Analysis & Trends
Otis Worldwide (OTIS) has reported Total Debt for 8 consecutive years, with $9.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Total Debt rose 21.78% year-over-year to $9.6 billion; the TTM figure through Jun 2026 stood at $9.6 billion (up 21.78% YoY), while the FY2025 annual figure was $8.8 billion, down 8.59% from the prior year.
- Total Debt improved to $9.6 billion in Q2 2026 per OTIS's latest filing, from $8.5 billion in the prior quarter.
- Across five years, Total Debt topped out at $9.8 billion in Q1 2025 and bottomed at $6.6 billion in Q3 2022.
- Historically, Total Debt has averaged $8.0 billion across 5 years, with a median of $7.9 billion in 2023.
- Annual changes were most pronounced in 2025 — Total Debt soared 43.13% — and 2026, when it decreased 13.56%.
- Otis Worldwide's Total Debt stood at $7.3 billion in 2022, then dropped by 5.49% to $6.9 billion in 2023, then jumped by 39.52% to $9.6 billion in 2024, then dropped by 8.59% to $8.8 billion in 2025, then gained by 9.31% to $9.6 billion in 2026.
- Business Quant data shows OTIS's Total Debt at $9.6 billion in Q2 2026, $8.5 billion in Q1 2026, and $8.8 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 2.79 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 20.61 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 9.58 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 13.11 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 6.89 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 9.69 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 2.04 Bn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 3.26 Bn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 4.77 Bn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 9.62 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.62 Bn |
| Mar 31, 2026 | 8.51 Bn |
| Dec 31, 2025 | 8.80 Bn |
| Sep 30, 2025 | 8.23 Bn |
| Jun 30, 2025 | 7.90 Bn |
| Mar 31, 2025 | 9.85 Bn |
| Dec 31, 2024 | 9.62 Bn |
| Sep 30, 2024 | 8.56 Bn |
| Jun 30, 2024 | 8.48 Bn |
| Mar 31, 2024 | 6.88 Bn |
| Dec 31, 2023 | 6.90 Bn |
| Sep 30, 2023 | 7.94 Bn |
| Jun 30, 2023 | 7.41 Bn |
| Mar 31, 2023 | 7.30 Bn |
| Dec 31, 2022 | 7.30 Bn |
| Sep 30, 2022 | 6.56 Bn |
| Jun 30, 2022 | 6.68 Bn |
| Mar 31, 2022 | 6.75 Bn |
| Dec 31, 2021 | 7.27 Bn |
| Sep 30, 2021 | 5.50 Bn |