Other

Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate

Otis Worldwide Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate increased by 11.1% to 2.0% in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from 1.8% to 2.0%. Over 5 years (FY 2020 to FY 2025), Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Weighted-Average Interest Crediting Rate shows an upward trend with a 27.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025

How to read this metric

An increase in the rate typically reduces the present value of pension liabilities, while a decrease increases the liability.

Detailed definition

This is the weighted-average interest rate used to determine the present value of future pension obligations for defined...

Peer comparison

Highly comparable across all firms with legacy defined benefit plans; influenced by prevailing high-quality corporate bond yields.

Metric ID: other_defined_benefit_plan_assumptions_used_calculating__4898bd

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value1%2.1%1.7%1.8%2%
QoQ Change+110.0%-19.0%+5.9%+11.1%
YoY Change+110.0%-19.0%+5.9%+11.1%
Range1%2.1%
CAGR+100.0%
Avg YoY Growth+27.0%
Median YoY Growth+8.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Otis Worldwide's defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate?
Otis Worldwide (OTIS) reported defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate of 2.0% in Q4 2025.
How has Otis Worldwide's defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate changed year-over-year?
Otis Worldwide's defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate increased by 11.1% year-over-year, from 1.8% to 2.0%.
What is the long-term trend for Otis Worldwide's defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate?
Over 5 years (2020 to 2025), Otis Worldwide's defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate has grown at a 27.2% compound annual growth rate (CAGR), from 0.6% to 2.0%.
What does defined benefit plan, assumptions used calculating benefit obligation, weighted-average interest crediting rate mean?
The average interest rate used to calculate the present value of future pension payments.