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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Otis Worldwide's Debt-to-Equity or its related term are showing as below:
OTIS'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.15 Med: -1.52 Max: 0.33
Current: -1.54
During the past 9 years, the highest Debt-to-Equity Ratio of Otis Worldwide was 0.33. The lowest was -2.15. And the median was -1.52.
OTIS's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28
vs OTIS: -1.54
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Otis Worldwide Debt-to-Equity Related Terms
Otis Worldwide Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Otis Worldwide's Debt-to-Equity 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.
For the Specialty Industrial Machinery subindustry, Otis Worldwide's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Otis Worldwide Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Otis Worldwide's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Otis Worldwide's Debt-to-Equity falls into.
* 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 (OTIS) has a Debt-to-Equity of -1.54 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Otis Worldwide and its competitors. According to the industry distribution chart, Otis Worldwide ranks #999999 out of 2678 companies in the Industrial Products industry.
Is Otis Worldwide's Debt-to-Equity too high?
Otis Worldwide's current Debt-to-Equity is -1.54. Based on the distribution chart, Otis Worldwide ranks #999999 out of 2678 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Otis Worldwide has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otis Worldwide's Debt-to-Equity compare to DOV and XYL?
According to the Industrial Products industry distribution chart, Otis Worldwide ranks #999999 out of 2678 companies for Debt-to-Equity. This places Otis Worldwide in the lower half of its industry. The industry median Debt-to-Equity is 0.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,678 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Otis Worldwide and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otis Worldwide's current Debt-to-Equity is -1.54. 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 Modestly Undervalued. The stock's GF Value™ is $101.77, compared to a current price of $73.99 — trading 27.3% below its estimated fair value. The current Debt-to-Equity is -1.54. Otis Worldwide's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Otis Worldwide (OTIS), the current Debt-to-Equity is -1.54 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 $73.99 is trading 27.3% below its estimated GF Value™ of $101.77.
GuruFocus considers Otis Worldwide to be Modestly Undervalued.
Key valuation signals for OTIS:
Debt-to-Equity: -1.54
GF Value™: $101.77 vs. price of $73.99 (27.3% below fair value)
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 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.
80GF Score
Get the complete analysis for OTIS
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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