Business Segments · Goodwill
Service — Goodwill
Otis Worldwide Service — Goodwill decreased by 0.7% to $1.39B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.5%, from $1.31B to $1.39B. Over 4 years (FY 2021 to FY 2025), Service — Goodwill shows relatively stable performance with a 0.3% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisition activity, while a decrease may indicate impairment charges.
Detailed definition
Represents the total intangible asset value recorded on the balance sheet for the Service segment following acquisitions...
Peer comparison
Standard across industrial service companies; peers often report this as part of total segment assets.
Metric ID:
otis_segment_service_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 | $1.39B | $1.36B | $1.33B | $1.31B | $1.26B | $1.18B | $1.28B | $1.28B | $1.29B | $1.26B | $1.29B | $1.29B | $1.27B | $1.33B | $1.27B | $1.31B | $1.41B | $1.40B | $1.40B | $1.39B |
| QoQ Change | — | -2.3% | -2.1% | -1.8% | -3.7% | -6.4% | +8.1% | +0.2% | +0.7% | -2.0% | +2.6% | -0.6% | -1.3% | +5.2% | -4.7% | +2.8% | +7.8% | -0.4% | -0.1% | -0.7% |
| YoY Change | — | — | — | — | -9.5% | -13.2% | -4.2% | -2.3% | +2.1% | +6.9% | +1.4% | +0.6% | -1.4% | +5.9% | -1.7% | +1.6% | +11.0% | +5.1% | +10.2% | +6.5% |
Range$1.18B – $1.41B
CAGR+0.0%
Avg YoY Growth+1.2%
Median YoY Growth+1.5%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Otis Worldwide's service — goodwill?
- Otis Worldwide (OTIS) reported service — goodwill of $1.39B in Q1 2026.
- How has Otis Worldwide's service — goodwill changed year-over-year?
- Otis Worldwide's service — goodwill increased by 6.5% year-over-year, from $1.31B to $1.39B.
- What is the long-term trend for Otis Worldwide's service — goodwill?
- Over 4 years (2021 to 2025), Otis Worldwide's service — goodwill has grown at a 0.3% compound annual growth rate (CAGR), from $5.46B to $5.52B.
- What does service — goodwill mean?
- The total value of intangible assets acquired through business purchases within the service division.