Otis Worldwide Average of notional amount of foreign exchange contracts hedging foreign currency transactions increased by 3.6% to $5.80B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $5.30B to $5.80B. Over 5 years (FY 2020 to FY 2025), Average of notional amount of foreign exchange contracts hedging foreign currency transactions shows an upward trend with a 13.3% CAGR.
An increase suggests higher hedging activity to mitigate currency risk, while a decrease may indicate lower exposure or a change in hedging strategy.
This metric represents the four-quarter rolling average of the total notional value of derivative financial instruments...
Common among multinational corporations; peers with higher international revenue typically report larger notional hedging amounts.
other_four_quarter_rolling_average_of_notional_amount_of_d5bcd9| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.00B | $3.00B | $3.30B | $3.40B | $3.50B | $3.70B | $3.90B | $4.00B | $4.00B | $4.30B | $4.60B | $4.90B | $5.10B | $5.30B | $5.30B | $5.30B | $5.50B | $5.50B | $5.60B | $5.80B |
| QoQ Change | — | +0.0% | +10.0% | +3.0% | +2.9% | +5.7% | +5.4% | +2.6% | +0.0% | +7.5% | +7.0% | +6.5% | +4.1% | +3.9% | +0.0% | +0.0% | +3.8% | +0.0% | +1.8% | +3.6% |
| YoY Change | — | — | — | — | +16.7% | +23.3% | +18.2% | +17.6% | +14.3% | +16.2% | +17.9% | +22.5% | +27.5% | +23.3% | +15.2% | +8.2% | +7.8% | +3.8% | +5.7% | +9.4% |