Otis Worldwide Corporation (OTIS) Debt to Equity Ratio: -1.62
Is Otis Worldwide Corporation’s debt to equity ratio high or low?
Otis Worldwide Corporation's debt to equity ratio of -1.62 is 1450% below its 2-year average of 0.12, near the low end of its 2-year range (-1.62–0.33).
As of Saturday, June 20, 2026. 1025.71% below its 12-month average of 0.18.
OTIS Debt to Equity Ratio Chart
OTIS Average Debt to Equity Ratio Chart
OTIS Current vs Average Debt to Equity Ratio Chart
OTIS Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
-1.62
DEBT TO EQUITY RATIO AVG TTM
0.18
DEBT TO EQUITY RATIO AVG 3Y
N/A
DEBT TO EQUITY RATIO AVG 5Y
N/A
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-1025.71%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
OTIS Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $28.11B | -1.62 | 0.18 | N/A | N/A |
| Copart, Inc. (CPRT)vs › | $27.99B | 0.01 | 0.01 | 0.02 | 0.07 |
| Curtiss-Wright Corporation (CW)vs › | $28.52B | 0.52 | 0.51 | 0.56 | 0.59 |
| Hubbell Incorporated (HUBB)vs › | $27.67B | 0.68 | 0.60 | 0.67 | 0.70 |
| ATI Inc. (ATI)vs › | $27.48B | 1.08 | 1.05 | 1.34 | 1.84 |
| Carpenter Technology Corporation (CRS)vs › | $29.14B | 0.39 | 0.43 | 0.48 | 0.50 |
| Xylem Inc. (XYL)vs › | $26.48B | 0.18 | 0.19 | 0.29 | 0.50 |
| Dover Corporation (DOV)vs › | $30.11B | 0.51 | 0.48 | 0.65 | 0.72 |
| J.B. Hunt Transport Services, Inc. (JBHT)vs › | $25.58B | 0.53 | 0.49 | 0.47 | 0.49 |
| Axon Enterprise, Inc. (AXON)vs › | $34.13B | 0.59 | 0.59 | 0.55 | 0.37 |
Financial Health
Debt/Equity
-1.62
Current Ratio
0.85
Otis Worldwide Corporation Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Otis Worldwide Corporation Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Otis Worldwide Corporation (OTIS)?
- The debt to equity ratio for OTIS stock is -1.62.
- Is Otis Worldwide Corporation's debt to equity ratio high or low?
- Otis Worldwide Corporation's debt to equity ratio of -1.62 is 1450% below its 2-year average of 0.12, near the low end of its 2-year range (-1.62–0.33).
- What is the TTM average debt to equity ratio for Otis Worldwide Corporation (OTIS)?
- The TTM average debt to equity ratio for OTIS stock is 0.18.
Otis Worldwide Corporation Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2019-12-31 | 0.33 |
| 2018-12-31 | 0.02 |
| 2017-12-31 | 0.01 |
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