Business Segments · Goodwill
New Equipment — Goodwill
Otis Worldwide New Equipment — Goodwill decreased by 1.0% to $291.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $282.00M to $291.00M. Over 4 years (FY 2021 to FY 2025), New Equipment — Goodwill shows a downward trend with a -4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryCapital Allocation
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisitions, while a decrease may indicate impairment charges due to underperformance.
Detailed definition
Represents the intangible asset value recorded when the New Equipment segment acquires another business for a price exce...
Peer comparison
Standard across industrial manufacturing peers; typically evaluated against total segment assets.
Metric ID:
otis_segment_new_equipment_goodwillHistorical Data
20 periods
| 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 | $351.00M | $343.00M | $336.00M | $329.00M | $291.00M | $269.00M | $292.00M | $293.00M | $293.00M | $287.00M | $295.00M | $290.00M | $285.00M | $296.00M | $277.00M | $282.00M | $299.00M | $297.00M | $294.00M | $291.00M |
| QoQ Change | — | -2.3% | -2.0% | -2.1% | -11.6% | -7.6% | +8.6% | +0.3% | +0.0% | -2.0% | +2.8% | -1.7% | -1.7% | +3.9% | -6.4% | +1.8% | +6.0% | -0.7% | -1.0% | -1.0% |
| YoY Change | — | — | — | — | -17.1% | -21.6% | -13.1% | -10.9% | +0.7% | +6.7% | +1.0% | -1.0% | -2.7% | +3.1% | -6.1% | -2.8% | +4.9% | +0.3% | +6.1% | +3.2% |
Range$269.00M – $351.00M
CAGR-3.9%
Avg YoY Growth-3.1%
Median YoY Growth-0.3%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Otis Worldwide's new equipment — goodwill?
- Otis Worldwide (OTIS) reported new equipment — goodwill of $291.00M in Q1 2026.
- How has Otis Worldwide's new equipment — goodwill changed year-over-year?
- Otis Worldwide's new equipment — goodwill increased by 3.2% year-over-year, from $282.00M to $291.00M.
- What is the long-term trend for Otis Worldwide's new equipment — goodwill?
- Over 4 years (2021 to 2025), Otis Worldwide's new equipment — goodwill has grown at a -4.0% compound annual growth rate (CAGR), from $1.38B to $1.17B.
- What does new equipment — goodwill mean?
- The value of intangible assets like brand and customer loyalty acquired through business purchases in the new equipment segment.