Total Debt for Otis Worldwide (OTIS)
According to Otis Worldwide's latest reported financial statements, the company's latest reported total debt is $8.22B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
OTIS
Currently viewingTotal DebtSwitch metric
Latest period
$8.22B
YoY change
+0.1%
5Y CAGR
+6.1%
Peak year (2025)
$8.75B
Latest annual
$8.75B
Total Debt history chart for Otis Worldwide (OTIS) from 2017 to 2025
Total Debt history table for Otis Worldwide (OTIS) from 2017 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $8.75B | +0.1% | ||
| 2024 | $8.74B | +19.6% | ||
| 2023 | $7.31B | +1.3% | ||
| 2022 | $7.21B | -7.4% | ||
| 2021 | $7.79B | +19.9% | ||
| 2020 | $6.50B | +1049.9% | ||
| 2019 | $565.00M | +1992.6% | ||
| 2018 | $27.00M | +58.8% | ||
| 2017 | $17.00M | — |
Total Debt values are taken from Otis Worldwide's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual total debt for Otis Worldwide (OTIS) came in at $8.75B – edged up 0.1% year-over-year.
Otis Worldwide total debt compound annual growth for the 2020–2025 (5 years) window is +6.1%, with the latest reading among the more recent periods of the dataset.
The highest annual total debt of $8.75B was reported in 2025. The lowest in the available history was $17.00M in 2017.
Among 8 Industrials peers, Otis Worldwide (OTIS) ranks 9th; the peer median for total debt is $37.04B.
Otis Worldwide Total Debt by Year
Otis Worldwide Total Debt 2025: $8.75B
Otis Worldwide total debt in 2025 was $8.75B, edged up 0.1% from 2024. This figure represents the highest annual value in the available history.
Otis Worldwide Total Debt 2024: $8.74B
Otis Worldwide total debt in 2024 was $8.74B, grew 19.6% from 2023.
Otis Worldwide Total Debt 2023: $7.31B
Otis Worldwide total debt in 2023 was $7.31B, edged up 1.3% from 2022.
Otis Worldwide Total Debt 2022: $7.21B
Otis Worldwide total debt in 2022 was $7.21B, declined 7.4% below 2021.
Otis Worldwide Total Debt 2021: $7.79B
Otis Worldwide total debt in 2021 was $7.79B.
See more financial history for Otis Worldwide (OTIS).
Sector peers — Total Debt
Companies in the same sector as Otis Worldwide, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Deere & Company (DE) | $63.94B | Industrials |
| The Boeing Company (BA) | $54.43B | Industrials |
| Caterpillar Inc. (CAT) | $43.33B | Industrials |
| RTX Corporation (RTX) | $39.51B | Industrials |
| Honeywell International Inc. (HON) | $34.58B | Industrials |
| Union Pacific Corporation (UNP) | $31.81B | Industrials |
| GE Aerospace (GE) | $20.49B | Industrials |
| Eaton Corporation plc (ETN) | $11.17B | Industrials |
Frequently asked questions
What is Otis Worldwide's total debt?
- Latest reported total debt for Otis Worldwide (OTIS) is $8.22B (period ending March 31, 2026).
How has Otis Worldwide total debt changed year-over-year?
- Otis Worldwide (OTIS) total debt changed +0.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Otis Worldwide total debt?
- Otis Worldwide (OTIS) total debt compound annual growth rate is +6.1% over the most recent 5 years available.
When did Otis Worldwide total debt hit its highest annual value?
- Otis Worldwide total debt reached its highest annual value of $8.75B in 2025.
What was Otis Worldwide total debt in 2024?
- Otis Worldwide (OTIS) total debt in 2024 was $8.74B.
What was Otis Worldwide total debt in 2025?
- Otis Worldwide (OTIS) total debt in 2025 was $8.75B.
Metrics overview
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