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Otis Worldwide OTIS Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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
Total Current Liabilities8,2257,656
Long-term debt7,0466,900
Future pension and postretirement benefit obligations411419
Operating lease liabilities410397
Future income tax obligations196223
Other long-term liabilities322329
Total Liabilities16,61015,924
Commitments and contingent liabilities (Note 15)

Item 1. Financial Statements

FAQ

What is Otis Worldwide's operating lease liabilities?
Otis Worldwide (OTIS) reported operating lease liabilities of $410M in Q2 2026.
How has Otis Worldwide's operating lease liabilities changed year-over-year?
Otis Worldwide's operating lease liabilities increased by 9.3% year-over-year, from $375M to $410M.
What is the long-term trend for Otis Worldwide's operating lease liabilities?
Over 5 years (2020 to 2025), Otis Worldwide's operating lease liabilities has grown at a 1.6% compound annual growth rate (CAGR), from $367M to $397M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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