Otis Worldwide Long-term debt, gross decreased by 2.2% to $7.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.5%, from $8.41B to $7.62B. Over 5 years (FY 2020 to FY 2025), Long-term debt, gross shows an upward trend with a 8.0% CAGR.
A decrease indicates deleveraging, which generally reduces financial risk, while an increase may signal expansion or acquisition financing.
This represents the total principal amount of long-term debt obligations carried on the balance sheet, excluding short-t...
Standard metric for all capital-intensive firms; essential for calculating debt-to-equity and net debt ratios.
other_debt_instrument_carrying_amount| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.50B | $5.50B | $7.30B | $6.74B | $6.65B | $6.50B | $6.67B | $6.70B | $6.70B | $7.40B | $6.91B | $6.89B | $6.87B | $6.93B | $8.32B | $8.41B | $7.27B | $7.78B | $7.79B | $7.62B |
| QoQ Change | — | +0.0% | +32.8% | -7.7% | -1.4% | -2.2% | +2.6% | +0.4% | +0.1% | +10.4% | -6.6% | -0.3% | -0.3% | +1.0% | +20.0% | +1.1% | -13.6% | +7.1% | +0.0% | -2.2% |
| YoY Change | — | — | — | — | +20.9% | +18.3% | -8.6% | -0.7% | +0.8% | +13.8% | +3.6% | +2.9% | +2.5% | -6.3% | +20.4% | +22.1% | +5.8% | +12.2% | -6.5% | -9.5% |