Income StatementBalance SheetCash FlowSegments
Otis Worldwide logo

Otis Worldwide Cash Flow Statement

Operating, investing, and financing cash movements

Otis Worldwide generated $1.8B in operating cash flow over the trailing twelve months. After $151.0M in capital expenditures, free cash flow was $1.7B. Free cash flow increased 0.1% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.8BNet Cash From Investing (TTM)-$230.0MNet Cash From Financing (TTM)-$2.7BCapital Expenditures (TTM)$151.0MDepreciation And Amortization Cf (TTM)$174.0MNet Change In Cash (TTM)$21.0M
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$27.3B
P/E Ratio18.43
ROE-27.41%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired$17.0M$36.0M$46.0M$10.0M$17.0M$3.0M
Capital expenditures$39.0M$34.0M$36.0M$37.0M$45.0M$33.0M
Payments for Derivative Instruments (Investing)-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M
Proceeds from Derivative Instrument Investing Activities-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M
Payments for (Proceeds from) Derivative Instruments, Investing-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M
Payments for (Proceeds from) Derivative Instrument, Investing Activities-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M
Payment for (Proceeds from) Other Investing Activity-$1.0M-$2.0M$4.0M-$1.0M$0.0-$2.0M
Net cash from investing activities—-$161.0M-$159.0M-$56.0M-$30.0M$15.0M
Investing Cash Flows from Derivatives-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M
Payments for (Proceeds from) Derivative Instruments, Investing-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M
Payments for (Proceeds from) Derivative Instruments, Investing-$96.0M$93.0M$107.0M$11.0M$0.0-$49.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$172.0M-$281.0M$69.0M$19.0M$374.0M-$176.0M
Change in accrued liabilities$83.0M$12.0M$11.0M-$2.0M-$161.0M-$117.0M
Change in inventories-$40.0M$18.0M-$3.0M$37.0M—$58.0M
Change in other assets$0.0$2.0M-$12.0M-$66.0M-$149.0M-$137.0M
Other working capital changes$63.0M-$260.0M$190.0M$54.0M$87.0M-$432.0M
Change in receivables—$104.0M$42.0M$45.0M—$229.0M
Deferred income taxes-$5.0M$0.0-$74.0M-$28.0M-$2.0M$4.0M
Depreciation and amortization$48.0M$42.0M$44.0M$44.0M$45.0M$41.0M
Net cash from operating activities$690.0M$190.0M$215.0M$374.0M$817.0M$413.0M
Net income$353.0M$256.0M$423.0M$392.0M$384.0M$353.0M
Increase (Decrease) in Contract with Customer, Asset$63.0M-$260.0M$190.0M$54.0M$87.0M-$432.0M
Increase (Decrease) in Other Operating Assets$0.0$2.0M-$12.0M-$66.0M-$149.0M-$137.0M
Payment for Pension Benefits$17.0M$18.0M$9.0M$9.0M$7.0M$11.0M
Pension and postretirement benefit expense$17.0M$18.0M$9.0M$9.0M$7.0M$11.0M
Stock-based compensation$21.0M$21.0M$23.0M$19.0M$17.0M$19.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Repayments of debt$0.0$0.0$1.3B$0.0$0.0$135.0M
Distributions to noncontrolling interests$13.0M$2.0M$3.0M$57.0M$7.0M$3.0M
Dividends paid$156.0M$155.0M$164.0M$164.0M$164.0M$163.0M
Other, net-$3.0M-$7.0M-$3.0M-$1.0M-$5.0M-$12.0M
Short-term borrowings/(repayments) less than 90 days — net—-$11.0M$484.0M-$225.0M-$273.0M$29.0M
Payment of Deferred Purchase Consideration-$3.0M-$7.0M-$3.0M-$1.0M-$5.0M-$12.0M
Noncontrolling interest transactions and other-$3.0M-$7.0M-$3.0M-$1.0M-$5.0M-$12.0M
Net cash from financing activities—-$428.0M-$1.3B-$168.0M-$531.0M-$694.0M
Other financing activities-$3.0M-$7.0M-$3.0M-$1.0M-$5.0M-$12.0M
Noncontrolling Interests Activity and Other-$3.0M-$7.0M-$3.0M-$1.0M-$5.0M-$12.0M
Repurchases of common stock$207.0M$253.0M$308.0M$248.0M$0.0$400.0M
Net change in short-term borrowings—-$11.0M$484.0M-$225.0M-$273.0M$29.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$651.0M$156.0M$179.0M$337.0M$772.0M$380.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$40.0M$7.0M$12.0M$0.0—$5.0M
Net increase (decrease) in cash$1.5B-$392.0M-$1.2B$150.0M—-$261.0M
Other operating activities, net$14.0M$22.0M-$55.0M$9.0M-$2.0M$18.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$43.0M$57.5M$57.5M$57.5M$57.5M—