Business Segments · Foreign Currency Translation and Other

New Equipment — Foreign Currency Translation and Other

Otis Worldwide New Equipment — Foreign Currency Translation and Other decreased by 50.0% to -$3.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 160.0%, from $5.00M to -$3.00M. Over 2 years (FY 2021 to FY 2024), New Equipment — Foreign Currency Translation and Other shows an upward trend with a -7.4% CAGR.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2019
Last reportedQ1 2026

How to read this metric

Positive values indicate favorable currency tailwinds, while negative values indicate headwinds impacting segment profitability.

Detailed definition

Captures the impact of exchange rate fluctuations on the financial results of the New Equipment segment's international...

Peer comparison

Standard for multinational industrial companies; peers often report this as part of 'Other Comprehensive Income' or segment-level adjustments.

Metric ID: otis_segment_new_equipment_foreign_currency_translation_and_other

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$3.00M-$8.00M-$7.00M-$7.00M-$38.00M$4.00M$1.00M$0.00-$6.00M$8.00M-$5.00M-$5.00M$11.00M-$19.00M$5.00M$17.00M-$2.00M-$3.00M
QoQ Change-366.7%+12.5%+0.0%-442.9%+110.5%-75.0%-100.0%+233.3%-162.5%+0.0%+320.0%-272.7%+126.3%+240.0%-111.8%-50.0%
YoY Change<-999%+150.0%+114.3%+100.0%-250.0%-600.0%+283.3%-337.5%+200.0%+440.0%-118.2%-160.0%
Range-$38.00M$17.00M
CAGR+0.0%
Avg YoY Growth-128.7%
Median YoY Growth-9.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Otis Worldwide's new equipment — foreign currency translation and other?
Otis Worldwide (OTIS) reported new equipment — foreign currency translation and other of -$3.00M in Q1 2026.
How has Otis Worldwide's new equipment — foreign currency translation and other changed year-over-year?
Otis Worldwide's new equipment — foreign currency translation and other decreased by 160.0% year-over-year, from $5.00M to -$3.00M.
What is the long-term trend for Otis Worldwide's new equipment — foreign currency translation and other?
Over 2 years (2021 to 2024), Otis Worldwide's new equipment — foreign currency translation and other has grown at a -7.4% compound annual growth rate (CAGR), from -$21.00M to -$18.00M.
What does new equipment — foreign currency translation and other mean?
The financial impact of changing currency values and minor non-core adjustments on the new equipment segment.