Discontinued — last reported Q3 '23

Other

Purchase Obligation

Otis Worldwide Purchase Obligation decreased by 53.7% to $113.00M in Q4 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Purchase Obligation shows an upward trend with a 56.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023

How to read this metric

An increase suggests expanding operational commitments or long-term capital projects, while a decrease may indicate reduced future operational requirements.

Detailed definition

Represents the total future payment commitments under non-cancelable contracts for goods or services. This metric highli...

Peer comparison

Standard across capital-intensive industries; peers often disclose these in the contractual obligations table.

Metric ID: purchase_obligation

Historical Data

3 periods
 Q4 '23Q4 '24Q4 '25
Value$46.00M$244.00M$113.00M
QoQ Change+430.4%-53.7%
YoY Change+430.4%-53.7%
Range$46.00M$244.00M
Avg YoY Growth+188.4%
Median YoY Growth+188.4%

Frequently Asked Questions

What is Otis Worldwide's purchase obligation?
Otis Worldwide (OTIS) reported purchase obligation of $113.00M in Q4 2025.
What is the long-term trend for Otis Worldwide's purchase obligation?
Over 2 years (2023 to 2025), Otis Worldwide's purchase obligation has grown at a 56.7% compound annual growth rate (CAGR), from $46.00M to $113.00M.
What does purchase obligation mean?
The total amount of money the company is contractually obligated to pay for future goods and services.