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Otis Worldwide OTIS Service — Foreign Currency Translation and Other

Other segment segments

New Equipment
-$3M-160%

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ALRMOther — Foreign currency translation adjustment
$0
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STTInvestment Servicing — Foreign currency translation
-$6M-155%

Other financials

Income statement

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Revenue$3.6B+6.4%
Operating income$539.0M+31.1%
Net income$340.0M+39.9%
EPS (diluted)$0.87+42.6%

Balance sheet

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Cash & equivalents$844.0M-56.2%
Total debt$7.5B+3.3%
Total equity-$5.7B-10.8%
Total assets$10.5B-5.7%

Cash flow

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Operating cash flow$413.0M+117%
CapEx$33.0M-2.9%
Free cash flow$380.0M+144%

Valuation

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Market cap$28.08B-28.0%
Enterprise value$34.76B-24.8%
P/E19×-6.8×
P/S1.9×-0.8×

Profitability

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Operating margin15.4%+2.2pp
Net margin10.1%-0.7pp
FCF margin11.4%+1.1pp

Returns & leverage

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Return on equity60.1%
Debt / equity0.3×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by Otis Worldwide in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The official record: Otis Worldwide’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Otis Worldwide's service — foreign currency translation and other?
Otis Worldwide (OTIS) reported service — foreign currency translation and other of -$13M in Q1 2026.
How has Otis Worldwide's service — foreign currency translation and other changed year-over-year?
Otis Worldwide's service — foreign currency translation and other decreased by 176.5% year-over-year, from $17M to -$13M.
What does service — foreign currency translation and other mean?
Reflects the impact of exchange rate fluctuations on the reported financial results of the Service segment's international operations. It accounts for the conversion of foreign-denominated earnings into the reporting currency.