What is Otis Worldwide's income tax?

Otis Worldwide (OTIS) reported income tax of $98M in Q2 2026.

How has Otis Worldwide's income tax changed year-over-year?

Otis Worldwide's income tax decreased by 0.0% year-over-year, from $98M to $98M.

What is the long-term trend for Otis Worldwide's income tax?

Over 4 years (2021 to 2025), Otis Worldwide's income tax has grown at a -3.0% compound annual growth rate (CAGR), from $541M to $479M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Otis Worldwide OTIS Income Tax

Income Tax at other companies

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-$3.3M-32.0%

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$124.64M+89.9%

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$37.2M-42.9%

EquipmentShare.com, Inc. EQPT

-$32M-68.4%

AllegionALLE

$43.3M+6.4%

Limbach Holdings, Inc.LMB

-$3.66M-64.5%

Other financials

Income statement

See full

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

See full

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

See full

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$28.02B-17.7%

Enterprise value$34.84B-15.7%

P/E18.5×-4.0×

P/S1.9×-0.5×

Profitability

See full

Operating margin15.4%+2.3pp

Net margin10.2%-0.5pp

FCF margin11.5%+2.0pp

Returns & leverage

See full

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:IncomeTaxExpenseBenefit.

The official record: Otis Worldwide’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Otis Worldwide's income tax?: Otis Worldwide (OTIS) reported income tax of $98M in Q2 2026.
How has Otis Worldwide's income tax changed year-over-year?: Otis Worldwide's income tax decreased by 0.0% year-over-year, from $98M to $98M.
What is the long-term trend for Otis Worldwide's income tax?: Over 4 years (2021 to 2025), Otis Worldwide's income tax has grown at a -3.0% compound annual growth rate (CAGR), from $541M to $479M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.