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Otis Worldwide OTIS Contract Liabilities, Non-Current

Contract Liabilities, Non-Current at other companies

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Other financials

Income statement

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Revenue$3.9B+7.3%
Operating income$575.0M+5.1%
Net income$428.0M+8.9%
EPS (diluted)$1.12+13.1%

Balance sheet

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Cash & equivalents$849.0M+20.8%
Total debt$7.7B-3.9%
Total equity-$5.7B-7.1%
Total assets$11.2B+6.3%

Cash flow

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Operating cash flow$267.0M+24.2%
CapEx$44.0M+22.2%
Free cash flow$223.0M+24.6%

Valuation

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Market cap$28.17B-16.6%
Enterprise value$34.98B-14.8%
P/E18.6×-3.7×
P/S1.9×-0.5×

Profitability

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Operating margin15.4%+2.3pp
Net margin10.2%-0.5pp
FCF margin11.5%+2.0pp

Returns & leverage

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Return on equity60.1%
Debt / equity0.3×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Otis Worldwide in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Otis Worldwide’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001781335-26-000113
(dollars in millions)June 30, 2026December 31, 2025
Contract assets, current$824$699
Total contract assets824699
Contract liabilities, current(3,023)(2,611)
Contract liabilities, non-current (included within Other long-term liabilities)(26)(29)
Total contract liabilities(3,049)(2,640)
Net contract liabilities$(2,225)$(1,941)

Item 1. Financial Statements

FAQ

What is Otis Worldwide's contract liabilities, non-current?
Otis Worldwide (OTIS) reported contract liabilities, non-current of $26M in Q2 2026.
How has Otis Worldwide's contract liabilities, non-current changed year-over-year?
Otis Worldwide's contract liabilities, non-current decreased by 18.8% year-over-year, from $32M to $26M.
What is the long-term trend for Otis Worldwide's contract liabilities, non-current?
Over 5 years (2020 to 2025), Otis Worldwide's contract liabilities, non-current has grown at a -8.0% compound annual growth rate (CAGR), from $44M to $29M.

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