Otis Worldwide Corporation (OTIS) Quick Ratio (Acid-Test): 0.77
Is Otis Worldwide Corporation’s quick ratio (acid-test) high or low?
Otis Worldwide Corporation's quick ratio (acid-test) of 0.77 is 16% below its 5-year average of 0.91, near the low end of its 5-year range (0.77–1.22).
As of Friday, June 19, 2026. 8.88% below its 12-month average of 0.84.
OTIS Quick Ratio (Acid-Test) Chart
OTIS Average Quick Ratio (Acid-Test) Chart
OTIS Current vs Average Quick Ratio (Acid-Test) Chart
OTIS Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.77
QUICK RATIO (ACID-TEST) AVG TTM
0.84
QUICK RATIO (ACID-TEST) AVG 3Y
0.85
QUICK RATIO (ACID-TEST) AVG 5Y
0.91
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-8.88%
CURRENT VS 3Y AVG
-9.14%
CURRENT VS 5Y AVG
-15.69%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
OTIS Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Otis Worldwide Corporation (OTIS) | $28.11B | 0.77 | 0.84 | 0.85 | 0.91 |
| Copart, Inc. (CPRT)vs › | $27.99B | 8.19 | 7.57 | 6.64 | 5.52 |
| Curtiss-Wright Corporation (CW)vs › | $28.52B | 1.00 | 1.09 | 1.19 | 1.17 |
| Hubbell Incorporated (HUBB)vs › | $27.67B | 1.00 | 0.99 | 1.04 | 1.07 |
| ATI Inc. (ATI)vs › | $27.48B | 1.27 | 1.29 | 1.36 | 1.43 |
| Carpenter Technology Corporation (CRS)vs › | $29.15B | 2.01 | 1.92 | 1.73 | 1.73 |
| Xylem Inc. (XYL)vs › | $26.48B | 1.28 | 1.31 | 1.32 | 1.43 |
| Dover Corporation (DOV)vs › | $30.11B | 1.28 | 1.40 | 1.11 | 1.03 |
| Axon Enterprise, Inc. (AXON)vs › | $34.13B | 2.29 | 1.75 | 2.24 | 2.47 |
| Expeditors International of Washington, Inc. (EXPD)vs › | $21.10B | 1.81 | 1.79 | 1.95 | 1.95 |
Liquidity Comparison
Quick Ratio
0.77
Excludes inventory
Current Ratio
0.85
Includes inventory
Otis Worldwide Corporation Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Otis Worldwide Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Otis Worldwide Corporation (OTIS)?
- The quick ratio (acid-test) for OTIS stock is 0.77.
- Is Otis Worldwide Corporation's quick ratio (acid-test) high or low?
- Otis Worldwide Corporation's quick ratio (acid-test) of 0.77 is 16% below its 5-year average of 0.91, near the low end of its 5-year range (0.77–1.22).
- What is the TTM average quick ratio (acid-test) for Otis Worldwide Corporation (OTIS)?
- The TTM average quick ratio (acid-test) for OTIS stock is 0.84.
- What is the 3Y average quick ratio (acid-test) for Otis Worldwide Corporation (OTIS)?
- The 3Y average quick ratio (acid-test) for OTIS stock is 0.85.
- What is the 5Y average quick ratio (acid-test) for Otis Worldwide Corporation (OTIS)?
- The 5Y average quick ratio (acid-test) for OTIS stock is 0.91.
Otis Worldwide Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.77 |
| 2024-12-31 | 0.92 |
| 2023-12-31 | 0.89 |
| 2022-12-31 | 0.81 |
| 2021-12-31 | 1.22 |
| 2020-12-31 | 0.87 |
| 2019-12-31 | 0.95 |
| 2018-12-31 | 0.94 |
| 2017-12-31 | 0.89 |
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