Otis Worldwide Non-service pension and postretirement benefit expense decreased by 100.0% to $0.00 in Q1 2026 compared to the prior quarter. Over 3 years (FY 2021 to FY 2024), Non-service pension and postretirement benefit expense shows a downward trend with a -100.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates higher non-operating costs, often due to lower discount rates or poor plan asset performance, which reduces net income.
This represents the non-service components of net periodic benefit costs, such as interest costs, expected return on pla...
Standard across large-cap companies with legacy defined benefit plans; peers often report this within non-operating income or expense lines.
non_service_pension_and_postretirement_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.00M | $2.00M | $5.00M | $0.00 | $1.00M | $1.00M | $0.00 | $0.00 | $1.00M | $0.00 | $4.00M | $0.00 | -$1.00M | $1.00M | $0.00 | $0.00 | $0.00 | $4.00M | $0.00 |
| QoQ Change | — | +0.0% | +150.0% | -100.0% | — | +0.0% | -100.0% | — | — | -100.0% | — | -100.0% | — | +200.0% | -100.0% | — | — | — | -100.0% |
| YoY Change | — | — | — | — | -50.0% | -50.0% | -100.0% | — | +0.0% | -100.0% | — | — | -200.0% | — | -100.0% | — | +100.0% | +300.0% | — |