What is Otis Worldwide's net debt?

Otis Worldwide (OTIS) reported net debt of $6.68B in Q1 2026.

How has Otis Worldwide's net debt changed year-over-year?

Otis Worldwide's net debt increased by 24.8% year-over-year, from $5.35B to $6.68B.

What is the long-term trend for Otis Worldwide's net debt?

Over 5 years (2020 to 2025), Otis Worldwide's net debt has grown at a 10.1% compound annual growth rate (CAGR), from $4.7B to $7.59B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Otis Worldwide OTIS Net debt

Discontinued — last reported Q1 '26

Net debt at other companies

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LAD

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0.4×0.0×

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4.1×+0.4×

Pilgrim's Pride CorporationPPC

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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

See full

Return on equity60.1%—

Debt / equity0.3×—

Current ratio0.8×-0.1×

Where this comes from

Calculated from Otis Worldwide’s reported figures.

$7.5Btotal debt−$844.0Mcash and equivalents=$6.68B

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

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Questions, answered.

What is Otis Worldwide's net debt?: Otis Worldwide (OTIS) reported net debt of $6.68B in Q1 2026.
How has Otis Worldwide's net debt changed year-over-year?: Otis Worldwide's net debt increased by 24.8% year-over-year, from $5.35B to $6.68B.
What is the long-term trend for Otis Worldwide's net debt?: Over 5 years (2020 to 2025), Otis Worldwide's net debt has grown at a 10.1% compound annual growth rate (CAGR), from $4.7B to $7.59B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.