Current Liabilities

Total Current Liabilities

Otis Worldwide Total Current Liabilities increased by 0.9% to $7.72B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $7.89B to $7.72B. Over 5 years (FY 2020 to FY 2025), Total Current Liabilities shows an upward trend with a 2.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase suggests rising short-term obligations, which may strain liquidity if not matched by current asset growth.

Detailed definition

This is the aggregate sum of all financial obligations that the company is required to settle within one year or the cur...

Peer comparison

Universal metric for assessing short-term solvency across all industries.

Metric ID: total_current_liabilities

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$6.72B$6.36B$6.25B$6.65B$6.34B$5.99B$6.84B$6.82B$7.16B$6.75B$6.48B$6.32B$7.90B$8.10B$7.75B$7.89B$7.25B$7.07B$7.66B$7.72B
QoQ Change-5.3%-1.8%+6.5%-4.7%-5.5%+14.2%-0.3%+4.9%-5.7%-4.0%-2.5%+25.0%+2.6%-4.3%+1.8%-8.2%-2.5%+8.4%+0.9%
YoY Change-5.6%-5.8%+9.5%+2.6%+12.9%+12.6%-5.3%-7.4%+10.3%+20.0%+19.6%+24.9%-8.2%-12.7%-1.2%-2.1%
Range$5.99B$8.10B
CAGR+3.0%
Avg YoY Growth+4.0%
Median YoY Growth+0.7%
Current Streak2 quarters growth

Total Current Liabilities at Other Companies

Frequently Asked Questions

What is Otis Worldwide's total current liabilities?
Otis Worldwide (OTIS) reported total current liabilities of $7.72B in Q1 2026.
How has Otis Worldwide's total current liabilities changed year-over-year?
Otis Worldwide's total current liabilities decreased by 2.1% year-over-year, from $7.89B to $7.72B.
What is the long-term trend for Otis Worldwide's total current liabilities?
Over 5 years (2020 to 2025), Otis Worldwide's total current liabilities has grown at a 2.8% compound annual growth rate (CAGR), from $6.67B to $7.66B.
What does total current liabilities mean?
The total amount of all debts and obligations due within the next twelve months.