OTIS (Otis Worldwide) Current Accrued Expense: $1,630 Mil (As of Jun. 2026)

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OTIS Otis Worldwide Corp OTIS
71 GF Score
Price $68.70
GF Value $102.58
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Otis Worldwide Current Accrued Expense?

Otis Worldwide OTIS -0.79% 71 Current Accrued Expense is $1,630 Mil as of Jun. 2026. GuruFocus rates OTIS with a GF Score™ of 71/100 and a GF Value™ of $102.58 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Otis Worldwide's Current Accrued Expense for the quarter that ended in Jun. 2026 was $1,630 Mil.

Otis Worldwide's quarterly Current Accrued Expense increased from Dec. 2025 ($743 Mil) to Mar. 2026 ($1,674 Mil) but then declined from Mar. 2026 ($1,674 Mil) to Jun. 2026 ($1,630 Mil).

Otis Worldwide's annual Current Accrued Expense increased from Dec. 2023 ($664 Mil) to Dec. 2024 ($834 Mil) but then declined from Dec. 2024 ($834 Mil) to Dec. 2025 ($743 Mil).

Otis Worldwide Current Accrued Expense Historical Data

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The historical data trend for Otis Worldwide's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Otis Worldwide Current Accrued Expense Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only 735.00 675.00 664.00 834.00 743.00

Otis Worldwide Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,984.00 1,981.00 743.00 1,674.00 1,630.00
OTIS
71GF Score
Otis Worldwide Corp OTIS
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Otis Worldwide Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $1,630 Mil mean?
Otis Worldwide (OTIS) has a Current Accrued Expense of $1,630 Mil as of Jun. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Otis Worldwide and its competitors.
Is Otis Worldwide's Current Accrued Expense too high?
Otis Worldwide's current Current Accrued Expense is $1,630 Mil. Overall, Otis Worldwide has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otis Worldwide's Current Accrued Expense compare to DOV and XYL?
Otis Worldwide's Current Accrued Expense of $1,630 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for an Industrial Products company?
A good Current Accrued Expense depends on the Industrial Products industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Otis Worldwide and its competitors. Otis Worldwide's current Current Accrued Expense is $1,630 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otis Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Otis Worldwide (OTIS) is currently considered Significantly Undervalued. The stock's GF Value™ is $102.58, compared to a current price of $68.70 — trading 33% below its estimated fair value. The current Current Accrued Expense is $1,630 Mil. Otis Worldwide's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Otis Worldwide (OTIS), the current Current Accrued Expense is $1,630 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Otis Worldwide (OTIS) Overvalued in 2026?

Based on GuruFocus' analysis, Otis Worldwide stock appears to be undervalued. The current stock price of $68.70 is trading 33% below its estimated GF Value™ of $102.58. GuruFocus considers Otis Worldwide to be Significantly Undervalued.

Key valuation signals for OTIS:

  • Current Accrued Expense: $1,630 Mil
  • GF Value™: $102.58 vs. price of $68.70 (33% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the OTIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Otis Worldwide Business Description

Address One Carrier Place, Farmington, CT, USA, 06032
Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.
71GF Score

Get the complete analysis for OTIS

Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$68.70
Price
$102.58
GF Value