Discontinued — last reported Q1 '21

Other

Workers Compensation Liability Noncurrent

Otis Worldwide Workers Compensation Liability Noncurrent increased by 6.5% to $98.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $92.00M to $98.00M. Over 5 years (FY 2020 to FY 2025), Workers Compensation Liability Noncurrent shows a downward trend with a -2.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2021

How to read this metric

A rising trend may signal deteriorating workplace safety or higher medical inflation, while a decline suggests effective safety programs.

Detailed definition

This represents the long-term portion of estimated liabilities for employee work-related injuries or illnesses. It is ba...

Peer comparison

Standard for companies with large field-based workforces; benchmarked against industry safety standards.

Metric ID: other_workers_compensation_liability_noncurrent

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$105.00M$91.00M$95.00M$92.00M$98.00M
QoQ Change-13.3%+4.4%-3.2%+6.5%
YoY Change-13.3%+4.4%-3.2%+6.5%
Range$91.00M$105.00M
CAGR-6.7%
Avg YoY Growth-1.4%
Median YoY Growth+0.6%

Frequently Asked Questions

What is Otis Worldwide's workers compensation liability noncurrent?
Otis Worldwide (OTIS) reported workers compensation liability noncurrent of $98.00M in Q4 2025.
How has Otis Worldwide's workers compensation liability noncurrent changed year-over-year?
Otis Worldwide's workers compensation liability noncurrent increased by 6.5% year-over-year, from $92.00M to $98.00M.
What is the long-term trend for Otis Worldwide's workers compensation liability noncurrent?
Over 5 years (2020 to 2025), Otis Worldwide's workers compensation liability noncurrent has grown at a -2.8% compound annual growth rate (CAGR), from $113.00M to $98.00M.
What does workers compensation liability noncurrent mean?
Long-term liability for employee injury claims.