OTISOtis Worldwide

$72.35

Is it safe?

Can OTIS take a bad year?

Otis Worldwide carries $7.62B of net debt at 3.17× EBITDA: a load its earnings can carry.

$7.62B

Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.17×

Net debt / EBITDA · 3.58× a year ago · the load is coming down

Altman Z-score
2.88

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
9.95×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ2 2026
$8.44B
Cash and short-term investments
$813M
Net debt
$7.62B
EBITDA, trailing twelve months
$2.40B
Operating profit, trailing twelve months
$2.29B
Total debt / EBITDA
3.51×
Annualised volatilitytwo years of daily moves
23%
Worst drawdown on file
−32%
Below its 52-week high
−22%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.