Otis Worldwide Balance Sheet
NYSE: OTISTechnologyConsumer Electronics/AppliancesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Otis Worldwide financial position
At the end of fiscal 2025, Otis Worldwide reported total assets of $10.65 billion, down 5.9% from a year earlier against total liabilities of $15.92 billion. Shareholders' equity was negative at -$5.39 billion, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $1.10 billion in cash and equivalents against $7.96 billion of debt, a net debt position of $6.86 billion.
The current ratio (current assets divided by current liabilities) was 0.85, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Otis Worldwide balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.10B | 2.30B | 1.27B | 1.19B | 1.56B | 1.78B | 1.45B | 1.33B |
| Receivables | 3.69B | 3.43B | 3.54B | 3.36B | 3.23B | 3.15B | 2.86B | — |
| Inventory | 613.00M | 557.00M | 612.00M | 617.00M | 622.00M | 659.00M | 571.00M | — |
| Total Current Assets | 6.50B | 7.67B | 6.40B | 6.14B | 8.26B | 6.49B | 5.66B | — |
| Property, Plant & Equipment | 743.00M | 701.00M | 727.00M | 719.00M | 774.00M | 774.00M | 721.00M | 678.00M |
| Goodwill | 1.70B | 1.55B | 1.59B | 1.57B | 1.67B | 1.77B | 1.65B | 1.69B |
| Intangible Assets | 343.00M | 311.00M | 335.00M | 369.00M | 419.00M | 484.00M | 490.00M | — |
| Total Assets | 10.65B | 11.32B | 10.12B | 9.82B | 12.28B | 10.71B | 9.69B | — |
| Accounts Payable | 2.14B | 1.88B | 1.88B | 1.72B | 1.56B | 1.45B | 1.33B | — |
| Short-Term Debt | 1.06B | 1.35B | 32.00M | 670.00M | 24.00M | 701.00M | 34.00M | — |
| Total Current Liabilities | 7.66B | 7.75B | 6.48B | 6.84B | 6.25B | 6.67B | 5.37B | — |
| Long-Term Debt | 6.90B | 6.97B | 6.87B | 6.10B | 7.25B | 5.26B | 5.00M | — |
| Total Liabilities | 15.92B | 16.04B | 14.84B | 14.48B | 15.26B | 13.91B | 7.36B | — |
| Shareholders' Equity | -5.39B | -4.85B | -4.92B | -4.87B | -3.63B | -3.86B | 1.70B | 2.01B |
| Retained Earnings | -440.00M | -978.00M | -2.00B | -2.87B | -2.26B | -3.11B | 0 | — |
| Total Debt | 7.96B | 8.32B | 6.90B | 6.77B | 7.27B | 5.96B | 39.00M | — |
| Net Cash (Debt) | -6.86B | -6.02B | -5.62B | -5.58B | -5.71B | -4.18B | 1.41B | 1.33B |
| Shares Outstanding | — | 438.60M | 437.00M | 435.60M | 434.70M | 433.40M | — | — |
This table shows 8 annual periods of Otis Worldwide's balance sheet, from FY 2025 back to FY 2018, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow OTIS's reporting calendar. What is a balance sheet?