Discontinued — last reported Q4 '19

Operating

Pension Expense

Otis Worldwide Pension Expense increased by 57.1% to $11.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 38.9%, from $18.00M to $11.00M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows an upward trend with a 3.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2019

How to read this metric

Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.

Detailed definition

Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...

Peer comparison

Standard adjustment for companies with legacy defined benefit pension plans.

Metric ID: pension_and_postretirement_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$5.00M$5.00M$14.00M$12.00M$9.00M$7.00M$6.00M$14.00M$10.00M$8.00M$16.00M$12.00M$12.00M$10.00M$17.00M$18.00M$9.00M$9.00M$7.00M$11.00M
QoQ Change+0.0%+180.0%-14.3%-25.0%-22.2%-14.3%+133.3%-28.6%-20.0%+100.0%-25.0%+0.0%-16.7%+70.0%+5.9%-50.0%+0.0%-22.2%+57.1%
YoY Change+80.0%+40.0%-57.1%+16.7%+11.1%+14.3%+166.7%-14.3%+20.0%+25.0%+6.3%+50.0%-25.0%-10.0%-58.8%-38.9%
Range$5.00M$18.00M
CAGR+18.1%
Avg YoY Growth+14.1%
Median YoY Growth+12.7%

Frequently Asked Questions

What is Otis Worldwide's pension expense?
Otis Worldwide (OTIS) reported pension expense of $11.00M in Q1 2026.
How has Otis Worldwide's pension expense changed year-over-year?
Otis Worldwide's pension expense decreased by 38.9% year-over-year, from $18.00M to $11.00M.
What is the long-term trend for Otis Worldwide's pension expense?
Over 4 years (2021 to 2025), Otis Worldwide's pension expense has grown at a 3.8% compound annual growth rate (CAGR), from $37.00M to $43.00M.
What does pension expense mean?
Non-cash accounting charges related to employee pension and retirement benefit plans.