Otis Worldwide Corporation (OTIS) Current Ratio: 0.85
Is Otis Worldwide Corporation’s current ratio high or low?
Otis Worldwide Corporation's current ratio of 0.85 is 15% below its 5-year average of 1.00, near the low end of its 5-year range (0.85–1.32).
As of Friday, June 19, 2026. 7.61% below its 12-month average of 0.92.
OTIS Current Ratio Chart
OTIS Average Current Ratio Chart
OTIS Current vs Average Current Ratio Chart
OTIS Current Ratio Metrics
CURRENT RATIO
0.85
CURRENT RATIO AVG TTM
0.92
CURRENT RATIO AVG 3Y
0.93
CURRENT RATIO AVG 5Y
1.00
CURRENT RATIO AVG 10Y
N/A
CURRENT RATIO AVG 15Y
N/A
CURRENT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-7.61%
CURRENT VS 3Y AVG
-8.85%
CURRENT VS 5Y AVG
-15.28%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
OTIS Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $28.11B | 0.85 | 0.92 | 0.93 | 1.00 |
| Copart, Inc. (CPRT)vs › | $27.99B | 8.25 | 7.64 | 6.73 | 5.61 |
| Curtiss-Wright Corporation (CW)vs › | $28.52B | 1.44 | 1.56 | 1.70 | 1.70 |
| Hubbell Incorporated (HUBB)vs › | $27.67B | 1.72 | 1.68 | 1.71 | 1.72 |
| ATI Inc. (ATI)vs › | $27.48B | 2.66 | 2.55 | 2.62 | 2.72 |
| Carpenter Technology Corporation (CRS)vs › | $29.15B | 3.65 | 3.53 | 3.21 | 3.21 |
| Xylem Inc. (XYL)vs › | $26.48B | 1.63 | 1.69 | 1.76 | 1.85 |
| Dover Corporation (DOV)vs › | $30.11B | 1.79 | 1.92 | 1.61 | 1.53 |
| Axon Enterprise, Inc. (AXON)vs › | $34.13B | 2.53 | 1.95 | 2.51 | 2.75 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $21.10B | 1.81 | 1.79 | 1.95 | 1.95 |
Liquidity Analysis
Current Ratio
0.85
Quick Ratio
0.77
Otis Worldwide Corporation Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Otis Worldwide Corporation Current Ratio FAQ
- What is the current ratio for Otis Worldwide Corporation (OTIS)?
- The current ratio for OTIS stock is 0.85.
- Is Otis Worldwide Corporation's current ratio high or low?
- Otis Worldwide Corporation's current ratio of 0.85 is 15% below its 5-year average of 1.00, near the low end of its 5-year range (0.85–1.32).
- What is the TTM average current ratio for Otis Worldwide Corporation (OTIS)?
- The TTM average current ratio for OTIS stock is 0.92.
- What is the 3Y average current ratio for Otis Worldwide Corporation (OTIS)?
- The 3Y average current ratio for OTIS stock is 0.93.
- What is the 5Y average current ratio for Otis Worldwide Corporation (OTIS)?
- The 5Y average current ratio for OTIS stock is 1.00.
Otis Worldwide Corporation Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 0.85 |
| 2024-12-31 | 0.99 |
| 2023-12-31 | 0.99 |
| 2022-12-31 | 0.90 |
| 2021-12-31 | 1.32 |
| 2020-12-31 | 0.97 |
| 2019-12-31 | 1.05 |
| 2018-12-31 | 1.06 |
| 2017-12-31 | 1.12 |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Judith F. Marks