Otis Worldwide Corporation (OTIS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 6.46B | 6.5B | 6.61B | 6.39B | 7.43B | 7.67B | 6.5B | 6.24B | 6.14B | 6.4B | 6.75B | 6.42B | 6.15B | 6.14B | 5.83B | 6.15B | 7.84B | 8.26B | 6.38B | 6.68B |
| Cash & Short-Term Investments | 834M | 1.1B | 840M | 688M | 1.92B | 2.3B | 827M | 951M | 884M | 1.27B | 1.64B | 1.22B | 1.12B | 1.19B | 1.03B | 1.22B | 1.24B | 1.56B | 1.55B | 1.92B |
| Cash Only | 834M | 1.1B | 840M | 688M | 1.92B | 2.3B | 827M | 951M | 884M | 1.27B | 1.64B | 1.22B | 1.12B | 1.19B | 1.03B | 1.22B | 1.24B | 1.56B | 1.55B | 1.92B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 4.67B | 3.69B | 3.75B | 4.46B | 4.26B | 4.13B | 4.38B | 4.36B | 4.37B | 4.25B | 4.19B | 4.23B | 4.07B | 4.02B | 3.74B | 3.8B | 3.8B | 3.78B | 3.75B | 3.69B |
| Days Sales Outstanding | 105.48 | 90.16 | 102.43 | 110.43 | 112.76 | 106.57 | 113.26 | 110.26 | 114.18 | 107.29 | 109.94 | 101.59 | 108.87 | 103.86 | 103.73 | 99.1 | 99.94 | 97.12 | 94.53 | 89.03 |
| Inventory | 669M | 613M | 640M | 602M | 586M | 557M | 625M | 605M | 593M | 612M | 624M | 640M | 642M | 617M | 603M | 596M | 626M | 622M | 628M | 673M |
| Days Inventory Outstanding | 23.22 | 21.76 | 22.34 | 21.57 | 21.9 | 20.89 | 22.91 | 21.61 | 22.76 | 22.28 | 23.47 | 22.12 | 24.11 | 22.64 | 23.24 | 22.2 | 23.32 | 22.73 | 23.38 | 23.55 |
| Other Current Assets | 290M | 1.1B | 1.38B | 632M | 671M | 679M | 663M | 326M | 291M | 259M | 301M | 326M | 320M | 316M | 448M | 539M | 2.18B | 2.29B | 441M | 399M |
| Total Non-Current Assets | 4.08B | 4.15B | 4.16B | 4.11B | 3.74B | 3.65B | 3.77B | 3.62B | 3.65B | 3.72B | 3.64B | 3.72B | 3.69B | 3.68B | 3.51B | 3.76B | 3.95B | 4.02B | 4.1B | 4.18B |
| Property, Plant & Equipment | 1.3B | 1.3B | 1.31B | 1.26B | 1.16B | 1.12B | 1.13B | 1.11B | 1.12B | 1.14B | 1.13B | 1.15B | 1.19B | 1.17B | 1.16B | 1.24B | 1.3B | 1.3B | 1.33B | 1.35B |
| Fixed Asset Turnover | 2.75x | 2.91x | 2.87x | 2.96x | 2.93x | 3.26x | 3.17x | 3.24x | 3.04x | 3.19x | 3.09x | 3.18x | 2.84x | 2.96x | 2.80x | 2.75x | 2.63x | 2.72x | 2.70x | 2.78x |
| Goodwill | 1.68B | 1.7B | 1.7B | 1.71B | 1.59B | 1.55B | 1.63B | 1.55B | 1.57B | 1.59B | 1.55B | 1.58B | 1.57B | 1.57B | 1.45B | 1.55B | 1.64B | 1.67B | 1.7B | 1.74B |
| Intangible Assets | 333M | 343M | 348M | 357M | 326M | 311M | 330M | 330M | 343M | 335M | 336M | 355M | 360M | 369M | 346M | 385M | 397M | 419M | 434M | 458M |
| Long-Term Investments | 0 | 0 | 4M | 3M | 7M | 10M | 4M | 5M | 4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 767M | 817M | 800M | 779M | 658M | 654M | 672M | 626M | 613M | 651M | 633M | 631M | 575M | 572M | 563M | 592M | 619M | 632M | 633M | 624M |
| Total Assets | 10.54B | 10.65B | 10.77B | 10.49B | 11.18B | 11.32B | 10.26B | 9.86B | 9.79B | 10.12B | 10.39B | 10.13B | 9.85B | 9.82B | 9.34B | 9.91B | 11.79B | 12.28B | 10.47B | 10.86B |
| Asset Turnover | 0.34x | 0.35x | 0.35x | 0.33x | 0.30x | 0.34x | 0.35x | 0.37x | 0.35x | 0.35x | 0.34x | 0.37x | 0.34x | 0.36x | 0.35x | 0.32x | 0.28x | 0.31x | 0.34x | 0.35x |
| Asset Growth % | -5.69% | -5.86% | 4.97% | 6.46% | 14.17% | 11.85% | -1.24% | -2.73% | -0.55% | 3.03% | 11.22% | 2.24% | -16.53% | -20.03% | -10.79% | -8.69% | 12.28% | 14.65% | -0.01% | 3.98% |
| Total Current Liabilities | 7.72B | 7.66B | 7.07B | 7.25B | 7.89B | 7.75B | 8.1B | 7.89B | 6.32B | 6.48B | 6.75B | 7.16B | 6.82B | 6.84B | 5.99B | 6.34B | 6.24B | 6.25B | 6.36B | 6.72B |
| Accounts Payable | 1.98B | 2.14B | 1.76B | 1.74B | 1.62B | 1.88B | 1.78B | 1.72B | 1.64B | 1.88B | 1.66B | 1.74B | 1.51B | 1.72B | 1.52B | 1.62B | 1.51B | 1.56B | 1.66B | 1.57B |
| Days Payables Outstanding | 74.58 | 67.72 | 62.91 | 60.95 | 66.99 | 64.64 | 65.09 | 60.56 | 66.47 | 63.68 | 63.12 | 56.23 | 61.89 | 60.08 | 60.81 | 56.73 | 57.24 | 58.51 | 58.06 | 52.47 |
| Short-Term Debt | 939M | 1.06B | 492M | 675M | 1.48B | 1.35B | 1.67B | 1.66B | 35M | 32M | 585M | 746M | 646M | 670M | 103M | 81M | 51M | 24M | 38M | 343M |
| Deferred Revenue (Current) | 0 | 0 | 2.8B | 2.82B | 2.87B | 2.6B | 2.79B | 2.8B | 2.95B | 2.7B | 2.78B | 2.89B | 2.98B | 2.66B | 2.71B | 2.74B | 2.93B | 2.67B | 2.76B | 2.81B |
| Other Current Liabilities | 4.81B | 4.46B | 0 | 0 | 0 | 633M | 0 | 0 | 0 | 656M | 0 | 0 | 0 | 699M | 0 | 0 | 0 | 749M | 0 | 0 |
| Current Ratio | 0.84x | 0.85x | 0.94x | 0.88x | 0.94x | 0.99x | 0.80x | 0.79x | 0.97x | 0.99x | 1.00x | 0.90x | 0.90x | 0.90x | 0.97x | 0.97x | 1.26x | 1.32x | 1.00x | 0.99x |
| Quick Ratio | 0.75x | 0.77x | 0.85x | 0.80x | 0.87x | 0.92x | 0.72x | 0.71x | 0.88x | 0.89x | 0.91x | 0.81x | 0.81x | 0.81x | 0.87x | 0.88x | 1.16x | 1.22x | 0.90x | 0.89x |
| Cash Conversion Cycle | 54.13 | 44.19 | 61.87 | 71.05 | 67.66 | 62.81 | 71.08 | 71.31 | 70.47 | 65.88 | 70.29 | 67.48 | 71.09 | 66.42 | 66.17 | 64.57 | 66.02 | 61.34 | 59.85 | 60.11 |
| Total Non-Current Liabilities | 8.25B | 8.27B | 8.99B | 8.45B | 8.28B | 8.29B | 6.94B | 6.84B | 8.29B | 8.36B | 8.25B | 7.6B | 7.66B | 7.64B | 8.08B | 8.33B | 8.49B | 9.02B | 7.34B | 7.39B |
| Long-Term Debt | 6.88B | 7.3B | 7.59B | 7.07B | 6.92B | 6.97B | 5.6B | 5.53B | 6.85B | 6.87B | 6.82B | 6.12B | 6.12B | 6.1B | 6.46B | 6.6B | 6.69B | 7.25B | 5.46B | 5.46B |
| Capital Lease Obligations | 400M | 397M | 404M | 375M | 319M | 298M | 286M | 280M | 284M | 292M | 293M | 308M | 329M | 315M | 325M | 359M | 386M | 336M | 364M | 386M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 974M | 574M | 996M | 1B | 1.03B | 1.02B | 1.06B | 1.04B | 1.16B | 1.2B | 1.14B | 1.18B | 1.22B | 1.23B | 1.3B | 1.37B | 1.41B | 1.43B | 1.52B | 1.55B |
| Total Liabilities | 15.98B | 15.92B | 16.06B | 15.7B | 16.17B | 16.04B | 15.04B | 14.74B | 14.61B | 14.84B | 15B | 14.76B | 14.48B | 14.48B | 14.07B | 14.66B | 14.74B | 15.26B | 13.71B | 14.11B |
| Total Debt | 8.22B | 8.75B | 8.49B | 8.12B | 8.72B | 8.74B | 7.55B | 7.46B | 7.17B | 7.31B | 7.7B | 7.17B | 7.09B | 7.21B | 6.89B | 7.04B | 7.13B | 7.79B | 5.86B | 6.19B |
| Net Debt | 7.38B | 7.65B | 7.65B | 7.44B | 6.81B | 6.44B | 6.72B | 6.52B | 6.28B | 6.03B | 6.06B | 5.95B | 5.97B | 6.02B | 5.85B | 5.82B | 5.9B | 6.22B | 4.31B | 4.26B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 14.17x | 13.80x | 13.47x | 13.75x | 19.26x | 15.10x | 18.37x | 12.21x | 12.19x | 12.82x | 12.48x | 11.35x | 12.66x | 13.43x | 11.94x | 13.14x | 12.42x | 14.24x | 9.90x | 10.11x |
| Net Debt / EBITDA | 12.73x | 12.07x | 12.14x | 12.58x | 15.03x | 11.13x | 16.36x | 10.67x | 10.68x | 10.58x | 9.83x | 9.42x | 10.67x | 11.21x | 10.14x | 10.86x | 10.27x | 11.38x | 7.28x | 6.97x |
| Interest Coverage | 9.14x | 9.20x | 9.61x | 21.04x | 9.13x | 11.96x | 2.42x | 21.11x | 12.36x | 12.73x | 14.64x | 15.68x | 15.55x | 13.64x | 15.11x | 13.91x | 14.22x | 11.27x | 16.42x | 20.78x |
| Total Equity | -5.43B | -5.27B | -5.29B | -5.2B | -4.99B | -4.73B | -4.78B | -4.88B | -4.82B | -4.72B | -4.61B | -4.63B | -4.64B | -4.66B | -4.73B | -4.75B | -2.94B | -2.98B | -3.23B | -3.25B |
| Equity Growth % | -8.9% | -11.48% | -10.59% | -6.6% | -3.63% | -0.17% | -3.69% | -5.56% | -3.84% | -1.2% | 2.6% | 2.67% | -57.7% | -56.3% | -46.4% | -46.04% | 10.5% | 6.78% | 4.43% | 9% |
| Book Value per Share | -13.95 | -13.39 | -13.46 | -13.10 | -12.51 | -11.69 | -11.87 | -12.04 | -11.80 | -11.49 | -11.14 | -11.12 | -11.10 | -11.14 | -11.24 | -11.20 | -6.88 | -6.95 | -7.51 | -7.54 |
| Total Shareholders' Equity | -5.68B | -5.39B | -5.42B | -5.37B | -5.13B | -4.85B | -4.9B | -5.05B | -5.02B | -4.92B | -4.79B | -4.85B | -4.86B | -4.87B | -4.91B | -5B | -5.03B | -3.63B | -3.85B | -3.86B |
| Common Stock | 332M | 333M | 320M | 300M | 278M | 265M | 245M | 230M | 210M | 213M | 198M | 183M | 172M | 162M | 134M | 121M | 121M | 119M | 102M | 86M |
| Retained Earnings | -378M | -440M | -453M | -663M | -889M | -978M | -1.15B | -1.54B | -1.79B | -2B | -2.18B | -2.42B | -2.65B | -2.87B | -3.04B | -3.25B | -3.53B | -2.26B | -2.4B | -2.63B |
| Treasury Stock | -4.6B | -4.2B | -4.2B | -3.95B | -3.65B | -3.39B | -3.19B | -2.99B | -2.68B | -2.38B | -2.15B | -1.93B | -1.75B | -1.57B | -1.43B | -1.13B | -925M | -725M | -725M | -506M |
| Accumulated OCI | -1.03B | -1.09B | -1.09B | -1.06B | -871M | -745M | -804M | -751M | -756M | -750M | -648M | -689M | -626M | -592M | -580M | -748M | -696M | -763M | -827M | -803M |
| Minority Interest | 245M | 121M | 136M | 163M | 137M | 120M | 121M | 164M | 208M | 204M | 178M | 227M | 219M | 206M | 180M | 245M | 2.09B | 641M | 621M | 602M |