What is Otis Worldwide's interest coverage?

Otis Worldwide (OTIS) reported interest coverage of 52.6× in Q3 2024.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

Otis Worldwide OTIS Interest coverage

Interest coverage at other companies

OshkoshOSK

7×-0.4×

Comfort Systems USAFIX

143.3×+25.8×

Chart IndustriesGTLS

0.9×-1.3×

AllegionALLE

8.5×+0.8×

FortiveFTV

6.2×+1.0×

TerexTEX

1.8×-2.0×

Other financials

Income statement

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Revenue$3.6B+6.4%

Operating income$539.0M+31.1%

Net income$340.0M+39.9%

EPS (diluted)$0.87+42.6%

Balance sheet

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Cash & equivalents$844.0M-56.2%

Total debt$7.5B+3.3%

Total equity-$5.7B-10.8%

Total assets$10.5B-5.7%

Cash flow

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Operating cash flow$413.0M+117%

CapEx$33.0M-2.9%

Free cash flow$380.0M+144%

Valuation

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Market cap$28.11B-26.8%

Enterprise value$34.79B-20.8%

P/E19×-6.0×

P/S1.9×-0.8×

Profitability

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Operating margin15.4%+2.2pp

Net margin10.1%-0.7pp

FCF margin11.4%+1.1pp

Returns & leverage

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Return on equity60.1%—

Debt / equity0.3×—

Current ratio0.8×-0.1×

Where this comes from

Calculated from Otis Worldwide’s reported figures.

ebit/interest expense=52.6×

Based on trailing twelve months.

The official record: Otis Worldwide’s 10-Q, filed October 30, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Otis Worldwide's interest coverage?: Otis Worldwide (OTIS) reported interest coverage of 52.6× in Q3 2024.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.