Otis Worldwide Corporation (OTIS)

OTIS Balance Sheet

Assets, liabilities, and equity analysis

OTIS Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	6.464B	6.464B	6.501B	6.612B	6.387B	7.435B	7.670B	6.495B	6.238B
Cash & Cash Equivalents	834.000M	834.000M	1.096B	840.000M	688.000M	1.918B	2.300B	827.000M	951.000M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	834.000M	834.000M	1.096B	840.000M	688.000M	1.918B	2.300B	827.000M	951.000M
Accounts Receivable	4.671B	4.671B	4.387B	4.555B	4.465B	4.260B	4.134B	4.380B	4.356B
Inventory	669.000M	669.000M	613.000M	640.000M	602.000M	586.000M	557.000M	625.000M	605.000M
Total Assets	10.542B	10.542B	10.653B	10.771B	10.495B	11.178B	11.316B	10.261B	9.858B
Property, Plant & Equipment	1.296B	1.296B	1.297B	1.308B	1.262B	1.164B	1.123B	1.130B	1.106B
Goodwill	1.682B	1.682B	1.695B	1.699B	1.707B	1.588B	1.548B	1.630B	1.553B
Intangible Assets	333.000M	333.000M	343.000M	348.000M	357.000M	326.000M	311.000M	330.000M	330.000M
Long-Term Investments	0.00	0.00	0.00	4.000M	3.000M	7.000M	10.000M	4.000M	5.000M
Total Current Liabilities	7.724B	7.724B	7.656B	7.065B	7.246B	7.892B	7.749B	8.097B	7.895B
Accounts Payable	1.975B	1.975B	2.142B	1.758B	1.739B	1.618B	1.879B	1.779B	1.716B
Short-Term Debt	939.000M	939.000M	1.056B	492.000M	675.000M	1.483B	1.351B	1.667B	1.656B
Total Liabilities	15.977B	15.977B	15.924B	16.057B	15.699B	16.169B	16.044B	15.041B	14.740B
Long-Term Debt	6.879B	6.879B	7.297B	7.592B	7.074B	6.923B	6.973B	5.596B	5.526B
Total Debt	8.218B	8.218B	8.750B	8.488B	8.124B	8.725B	8.742B	7.549B	7.462B
Net Debt (Cash)	7.384B	7.384B	7.654B	7.648B	7.436B	6.807B	6.442B	6.722B	6.520B
Total Shareholders' Equity	-5.680B	-5.680B	-5.392B	-5.422B	-5.367B	-5.128B	-4.848B	-4.901B	-5.046B
Common Stock	332.000M	332.000M	333.000M	320.000M	300.000M	278.000M	265.000M	245.000M	230.000M
Retained Earnings	-378.000M	-378.000M	-440.000M	-453.000M	-663.000M	-889.000M	-978.000M	-1.153B	-1.538B
Current Ratio	0.84	0.84	0.85	0.94	0.88	0.94	0.99	0.80	0.79
Debt to Equity Ratio	-1.45	-1.45	-1.62	-1.57	-1.51	-1.70	-1.80	-1.54	-1.48

OTIS Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	6.501B	7.670B	6.400B	6.143B	8.261B	6.493B	5.658B	5.612B
Cash & Cash Equivalents	1.096B	2.300B	1.274B	1.189B	1.565B	1.782B	1.446B	1.329B
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	1.096B	2.300B	1.274B	1.189B	1.565B	1.782B	1.446B	1.329B
Accounts Receivable	4.387B	4.134B	4.255B	4.021B	3.782B	3.606B	3.390B	3.377B
Inventory	613.000M	557.000M	612.000M	617.000M	622.000M	659.000M	571.000M	637.000M
Total Assets	10.653B	11.316B	10.117B	9.819B	12.279B	10.710B	9.687B	9.135B
Property, Plant & Equipment	1.297B	1.123B	1.143B	1.168B	1.300B	1.316B	1.256B	678.000M
Goodwill	1.695B	1.548B	1.588B	1.567B	1.667B	1.773B	1.647B	1.688B
Intangible Assets	343.000M	311.000M	335.000M	369.000M	419.000M	484.000M	490.000M	569.000M
Long-Term Investments	0.00	10.000M	6.000M	6.000M	8.000M	0.00	0.00	0.00
Total Current Liabilities	7.656B	7.749B	6.479B	6.843B	6.247B	6.673B	5.374B	5.303B
Accounts Payable	2.142B	1.879B	1.878B	1.717B	1.556B	1.453B	1.331B	1.351B
Short-Term Debt	1.056B	1.351B	32.000M	670.000M	24.000M	701.000M	34.000M	27.000M
Total Liabilities	15.924B	16.044B	14.837B	14.483B	15.263B	13.911B	7.361B	6.920B
Long-Term Debt	7.297B	6.973B	6.866B	6.098B	7.249B	5.262B	5.000M	0.00
Total Debt	8.750B	8.742B	7.307B	7.210B	7.790B	6.497B	565.000M	27.000M
Net Debt (Cash)	7.654B	6.442B	6.033B	6.021B	6.225B	4.715B	-881.000M	-1.302B
Total Shareholders' Equity	-5.392B	-4.848B	-4.924B	-4.870B	-3.625B	-3.862B	1.700B	1.569B
Common Stock	333.000M	265.000M	213.000M	162.000M	119.000M	59.000M	2.458B	2.277B
Retained Earnings	-440.000M	-978.000M	-2.005B	-2.865B	-2.256B	-3.106B	0.00	0.00
Current Ratio	0.85	0.99	0.99	0.90	1.32	0.97	1.05	1.06
Debt to Equity Ratio	-1.62	-1.80	-1.48	-1.48	-2.15	-1.68	0.33	0.02

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Otis Worldwide Corporation

Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.

Farmington, CT

72,000 employees

www.otis.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Judith F. Marks

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