Otter Tail (OTTR) Financials

$79.50 -0.29 (-0.36%)

As of 11:25 AM Eastern

Annual Income Statements for Otter Tail

This table shows Otter Tail's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	59	62	72	82	87	96	177	284	294	302
Consolidated Net Income / (Loss)	59	62	72	82	87	96	177	284	294	302
Net Income / (Loss) Continuing Operations	59	62	72	82	87	96	177	284	294	302
Total Pre-Tax Income	80	83	100	97	104	116	213	358	363	367
Total Operating Income	109	117	132	129	135	148	250	390	378	380
Total Gross Profit	485	361	386	271	280	561	483	636	625	644
Total Revenue	780	804	849	916	920	890	1,197	1,460	1,349	1,331
Operating Revenue	780	804	849	916	920	890	1,197	1,460	1,349	1,331
Total Cost of Revenue	295	442	463	645	640	329	713	825	724	687
Operating Cost of Revenue	295	442	463	645	640	329	713	825	724	687
Total Operating Expenses	376	244	254	142	145	413	234	245	248	264
Selling, General & Admin Expense	40	39	41	52	51	55	65	70	73	80
Depreciation Expense	60	73	73	75	78	82	91	93	98	107
Other Operating Expenses / (Income)	275	132	140	16	16	276	77	83	77	77
Total Other Income / (Expense), net	-29	-34	-33	-32	-31	-32	-37	-33	-14	-13
Interest Expense	31	32	30	30	36	34	38	36	38	42
Other Income / (Expense), net	2.18	-2.21	-2.99	-2.05	5.11	2.62	0.88	3.11	23	28
Income Tax Expense	22	20	27	15	17	20	36	73	69	65
Basic Earnings per Share	$1.58	$1.62	$1.84	$2.08	$2.19	$2.35	$4.26	$6.83	$7.06	$7.22
Weighted Average Basic Shares Outstanding	37.49M	38.55M	39.46M	39.60M	39.72M	40.71M	41.49M	41.59M	41.67M	41.78M
Diluted Earnings per Share	$1.58	$1.61	$1.82	$2.06	$2.17	$2.34	$4.23	$6.78	$7.00	$7.17
Weighted Average Diluted Shares Outstanding	37.67M	38.73M	39.75M	39.89M	39.95M	40.91M	41.82M	41.93M	42.04M	42.07M
Weighted Average Basic & Diluted Shares Outstanding	37.60M	38.50M	39.40M	39.60M	40.21M	41.51M	41.61M	41.63M	41.71M	41.83M
Cash Dividends to Common per Share	$1.23	$1.25	$1.28	$1.34	$1.40	$1.48	$1.56	$1.65	$1.75	$1.87

This table shows Otter Tail's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	84	42	62	82	92	58	74	87	85	55
Consolidated Net Income / (Loss)	84	42	62	82	92	58	74	87	85	55
Net Income / (Loss) Continuing Operations	84	42	62	82	92	58	74	87	85	55
Total Pre-Tax Income	107	49	76	102	117	69	92	108	104	63
Total Operating Income	116	55	81	106	121	70	95	111	108	67
Total Gross Profit	160	136	139	166	185	135	162	172	172	138
Total Revenue	384	301	339	338	358	314	347	342	338	303
Operating Revenue	384	-	339	338	358	314	347	342	338	303
Total Cost of Revenue	224	165	200	171	173	180	185	171	166	165
Operating Cost of Revenue	224	165	200	171	173	180	185	171	166	165
Total Operating Expenses	44	81	59	60	64	64	67	61	65	72
Selling, General & Admin Expense	17	19	19	17	16	21	19	18	19	24
Depreciation Expense	23	23	24	24	25	25	26	27	27	28
Other Operating Expenses / (Income)	4.44	40	16	19	24	18	22	16	19	20
Total Other Income / (Expense), net	-9.38	-5.73	-4.89	-4.02	-4.42	-1.11	-2.83	-3.32	-3.39	-3.82
Interest Expense	9.26	8.82	9.42	9.70	9.18	9.39	9.85	10	11	11
Other Income / (Expense), net	-0.17	3.14	4.53	5.67	4.76	8.28	7.02	6.88	7.79	6.77
Income Tax Expense	23	7.21	13	20	25	11	18	21	19	8.15
Basic Earnings per Share	$2.02	$1.01	$1.50	$1.97	$2.21	$1.38	$1.78	$2.08	$2.04	$1.32
Weighted Average Basic Shares Outstanding	41.60M	41.59M	41.63M	41.68M	41.68M	41.67M	41.72M	41.78M	41.80M	41.78M
Diluted Earnings per Share	$2.01	$1.00	$1.49	$1.95	$2.19	$1.37	$1.77	$2.07	$2.03	$1.30
Weighted Average Diluted Shares Outstanding	41.97M	41.93M	41.98M	42.05M	42.06M	42.04M	42.03M	42.07M	42.08M	42.07M
Weighted Average Basic & Diluted Shares Outstanding	41.63M	41.63M	41.71M	41.71M	41.71M	41.71M	41.81M	41.83M	41.83M	41.83M

This table details how cash moves in and out of Otter Tail's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-39	0.00	16	-15	20	-20	0.37	117	111	64
Net Cash From Operating Activities	118	163	174	143	185	212	231	389	404	453
Net Cash From Continuing Operating Activities	132	163	174	143	185	212	231	389	404	453
Net Income / (Loss) Continuing Operations	59	62	72	82	87	96	177	284	294	302
Consolidated Net Income / (Loss)	59	62	72	82	87	96	177	284	294	302
Depreciation Expense	60	73	73	75	78	82	91	93	98	107
Non-Cash Adjustments To Reconcile Net Income	-16	1.53	2.18	3.04	13	14	9.41	7.89	-0.64	0.75
Changes in Operating Assets and Liabilities, net	28	26	26	-17	6.90	20	-46	4.64	13	43
Net Cash From Investing Activities	-156	-159	-133	-107	-209	-376	-172	-175	-289	-411
Net Cash From Continuing Investing Activities	-194	-159	-133	-107	-209	-376	-172	-175	-289	-411
Purchase of Property, Plant & Equipment	-160	-161	-133	-105	-207	-372	-172	-171	-287	-359
Purchase of Investments	-6.30	-4.40	-4.17	-4.37	-11	-9.11	-9.38	-8.28	-8.38	-62
Sale of Property, Plant & Equipment	3.59	4.84	4.49	2.38	8.52	5.01	9.70	4.35	6.23	8.85
Net Cash From Financing Activities	38	-4.06	-25	-51	45	144	-59	-97	-3.84	23
Net Cash From Continuing Financing Activities	38	-4.06	-25	-51	45	144	-59	-97	-3.84	23
Repayment of Debt	-0.52	-126	-49	-95	-17	3.65	-144	-32	-0.90	-12
Payment of Dividends	-46	-48	-51	-53	-56	-60	-65	-69	-73	-78
Issuance of Debt	70	130	69	100	100	150	150	7.04	73	120
Other Financing Activities, net	2.86	-3.36	2.43	-0.35	-2.73	-2.07	-1.51	-2.94	-3.09	-6.46
Cash Interest Paid	-	-	-	28	30	33	37	36	37	39
Cash Income Taxes Paid	-	-	-	6.11	4.80	5.18	8.45	43	46	58

This table details how cash moves in and out of Otter Tail's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	11	46	-15	46	39	41	7.79	-7.49	49	15
Net Cash From Operating Activities	112	101	56	129	134	86	72	152	99	130
Net Cash From Continuing Operating Activities	112	101	56	129	134	86	72	152	99	130
Net Income / (Loss) Continuing Operations	84	42	62	82	92	58	74	87	85	55
Consolidated Net Income / (Loss)	84	42	62	82	92	58	74	87	85	55
Depreciation Expense	23	23	24	24	25	25	26	27	27	28
Non-Cash Adjustments To Reconcile Net Income	0.71	-2.23	3.35	-1.37	0.54	-3.16	2.07	0.02	-1.99	0.66
Changes in Operating Assets and Liabilities, net	4.68	39	-34	24	17	6.07	-30	38	-11	47
Net Cash From Investing Activities	-54	-48	-100	-53	-78	-57	-76	-152	-84	-99
Net Cash From Continuing Investing Activities	-54	-48	-100	-53	-78	-57	-76	-152	-84	-99
Purchase of Property, Plant & Equipment	-52	-48	-98	-53	-78	-57	-74	-101	-84	-99
Sale of Property, Plant & Equipment	0.96	0.54	1.03	1.94	1.78	1.48	2.50	2.63	1.56	2.17
Net Cash From Financing Activities	-48	-7.81	30	-29	-17	12	12	-6.85	34	-16
Net Cash From Continuing Financing Activities	-48	-7.81	30	-29	-17	12	12	-6.85	34	-16
Repayment of Debt	-30	92	51	-11	1.30	-43	-1.52	-0.09	-14	3.46
Payment of Dividends	-17	-17	-18	-18	-18	-18	-20	-20	-20	-20

This table presents Otter Tail's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,819	1,912	2,004	2,053	2,274	2,578	2,755	2,902	3,243	3,652
Total Current Assets	207	208	239	241	255	235	369	453	570	630
Cash & Equivalents	0.00	0.00	16	0.86	21	1.16	1.54	119	230	295
Accounts Receivable	90	94	99	109	108	114	175	144	157	146
Inventories, net	85	84	88	106	98	92	148	146	150	149
Other Current Assets	27	29	35	23	28	28	44	43	33	41
Plant, Property, & Equipment, net	1,388	1,477	1,540	1,581	1,754	0.00	2,125	2,213	2,418	2,692
Total Noncurrent Assets	224	227	226	230	265	2,344	261	236	254	330
Long-Term Investments	8.28	8.42	8.63	8.96	45	52	57	55	63	121
Goodwill	40	38	38	38	38	38	38	38	38	38
Intangible Assets	16	15	14	12	11	10	9.04	7.94	6.84	5.74
Other Noncurrent Operating Assets	160	166	166	171	171	195	158	136	147	165
Total Liabilities & Shareholders' Equity	1,819	1,912	2,004	2,053	2,274	2,578	2,755	2,902	3,243	3,652
Total Liabilities	1,214	1,242	1,304	1,322	1,492	1,707	1,764	1,684	1,800	1,984
Total Current Liabilities	271	216	257	170	190	437	388	238	310	310
Short-Term Debt	133	76	113	19	6.18	221	121	8.20	81	70
Accounts Payable	89	89	85	96	121	121	135	104	94	114
Current Employee Benefit Liabilities	16	17	22	25	23	27	32	32	38	34
Other Taxes Payable	-	16	17	17	18	19	19	19	27	17
Other Current Liabilities	15	15	21	13	23	49	81	73	69	75
Total Noncurrent Liabilities	943	1,027	1,047	1,152	1,302	1,271	1,376	1,447	1,490	1,674
Long-Term Debt	444	505	490	590	690	624	734	824	824	944
Asset Retirement Reserve & Litigation Obligation	77	82	233	226	240	234	234	244	277	289
Noncurrent Deferred & Payable Income Tax Liabilities	232	249	122	141	151	171	205	237	252	283
Noncurrent Employee Benefit Liabilities	154	160	179	170	170	181	140	80	61	60
Other Noncurrent Operating Liabilities	24	22	23	24	52	60	63	61	76	98
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	605	670	697	729	781	871	991	1,217	1,443	1,668
Total Preferred & Common Equity	605	670	697	729	781	871	991	1,217	1,443	1,668
Total Common Equity	605	670	697	729	781	871	991	1,217	1,443	1,668
Common Stock	483	534	541	543	566	622	628	631	636	638
Retained Earnings	126	139	161	190	222	258	370	585	806	1,030
Accumulated Other Comprehensive Income / (Loss)	-3.90	-3.80	-5.63	-4.14	-6.44	-8.51	-6.52	0.92	1.15	0.53

This table presents Otter Tail's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,898	2,987	3,094	3,187	3,326	3,461	3,567
Total Current Assets	460	454	524	557	608	614	650
Cash & Equivalents	73	104	151	189	238	231	280
Accounts Receivable	194	175	195	193	196	192	186
Inventories, net	146	145	144	142	148	162	153
Other Current Assets	47	30	34	32	26	30	31
Plant, Property, & Equipment, net	2,187	2,289	2,316	2,387	2,459	2,539	2,605
Total Noncurrent Assets	251	244	254	243	259	308	312
Long-Term Investments	53	58	60	59	66	117	121
Goodwill	38	38	38	38	38	38	38
Intangible Assets	8.22	7.67	7.39	7.12	6.57	6.29	6.02
Other Noncurrent Operating Assets	152	140	149	139	149	147	147
Total Liabilities & Shareholders' Equity	2,898	2,987	3,094	3,187	3,326	3,461	3,567
Total Liabilities	1,714	1,724	1,766	1,785	1,829	1,895	1,933
Total Current Liabilities	242	262	301	310	208	271	300
Short-Term Debt	0.00	61	50	51	0.00	13	67
Accounts Payable	122	94	105	103	92	127	89
Current Employee Benefit Liabilities	27	20	26	32	22	26	31
Other Taxes Payable	26	23	32	50	26	21	29
Other Current Liabilities	67	65	46	73	68	85	83
Total Noncurrent Liabilities	1,472	1,461	641	1,475	1,620	1,624	1,634
Long-Term Debt	824	824	824	824	944	944	944
Asset Retirement Reserve & Litigation Obligation	241	245	246	276	277	275	283
Noncurrent Deferred & Payable Income Tax Liabilities	229	246	247	250	262	264	266
Noncurrent Employee Benefit Liabilities	118	81	81	59	60	61	60
Other Noncurrent Operating Liabilities	61	65	67	65	78	81	81
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,184	1,264	1,328	1,403	1,497	1,566	1,633
Total Preferred & Common Equity	1,184	1,264	1,328	1,403	1,497	1,566	1,633
Total Common Equity	1,184	1,264	1,328	1,403	1,497	1,566	1,633
Common Stock	631	633	634	635	635	636	637
Retained Earnings	560	629	693	767	861	929	994
Accumulated Other Comprehensive Income / (Loss)	-6.98	0.97	0.88	1.17	1.06	0.76	1.98

This table displays calculated financial ratios and metrics derived from Otter Tail's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.43%	3.04%	5.70%	7.90%	0.33%	-3.20%	34.46%	22.01%	-7.60%	-1.38%
EBITDA Growth	6.57%	9.38%	7.44%	0.08%	7.96%	6.63%	47.05%	42.17%	2.67%	3.35%
EBIT Growth	8.05%	2.72%	13.00%	-1.51%	9.93%	7.51%	66.50%	57.05%	1.93%	1.88%
NOPAT Growth	3.45%	10.42%	9.15%	14.35%	2.19%	8.74%	69.81%	49.63%	-1.44%	2.22%
Net Income Growth	2.81%	5.01%	16.24%	13.68%	5.47%	10.37%	84.42%	60.77%	3.52%	2.54%
EPS Growth	0.64%	1.90%	13.04%	13.19%	5.34%	7.83%	80.77%	60.28%	3.24%	2.43%
Operating Cash Flow Growth	4.50%	39.00%	6.24%	-17.36%	28.99%	14.53%	9.12%	68.35%	3.90%	11.92%
Free Cash Flow Firm Growth	-125.09%	140.60%	221.66%	-6.04%	-46.41%	6,018.28%	-202.48%	111.32%	-43.48%	-18.72%
Invested Capital Growth	12.16%	5.84%	2.72%	4.02%	6.09%	-127.35%	563.37%	4.91%	9.60%	10.24%
Revenue Q/Q Growth	-0.59%	0.99%	1.20%	1.61%	-0.59%	1.27%	9.76%	-2.13%	0.97%	-0.83%
EBITDA Q/Q Growth	3.73%	1.01%	2.07%	-5.46%	7.63%	-2.88%	15.05%	-2.65%	4.79%	-0.49%
EBIT Q/Q Growth	4.63%	-0.36%	2.82%	-8.12%	11.15%	-4.95%	20.30%	-3.14%	5.32%	-1.15%
NOPAT Q/Q Growth	1.00%	8.72%	-3.69%	-1.43%	4.07%	-0.91%	19.32%	-3.73%	4.09%	-0.20%
Net Income Q/Q Growth	7.44%	4.93%	1.16%	-4.83%	7.68%	-1.73%	22.91%	-3.27%	5.66%	-0.96%
EPS Q/Q Growth	7.48%	3.87%	0.55%	-5.07%	7.43%	-2.09%	22.61%	-3.28%	5.58%	-0.97%
Operating Cash Flow Q/Q Growth	-13.37%	0.82%	6.67%	-10.55%	25.25%	-4.18%	2.59%	6.82%	-3.65%	10.75%
Free Cash Flow Firm Q/Q Growth	-1,456.91%	-7.73%	13.08%	-14.60%	269.29%	4,838.67%	-7,379.65%	11.98%	-13.74%	2.01%
Invested Capital Q/Q Growth	0.20%	0.89%	0.01%	0.65%	-2.55%	-123.94%	1.68%	-0.34%	1.27%	1.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	62.17%	44.93%	45.43%	29.59%	30.40%	63.01%	40.39%	43.53%	46.36%	48.40%
EBITDA Margin	22.03%	23.38%	23.76%	22.04%	23.72%	26.13%	28.57%	33.29%	36.99%	38.77%
Operating Margin	14.01%	14.51%	15.58%	14.12%	14.67%	16.61%	20.86%	26.74%	28.01%	28.58%
EBIT Margin	14.28%	14.24%	15.22%	13.90%	15.22%	16.91%	20.94%	26.95%	29.73%	30.72%
Profit (Net Income) Margin	7.61%	7.76%	8.53%	8.99%	9.45%	10.77%	14.77%	19.46%	21.81%	22.67%
Tax Burden Percent	73.97%	75.50%	72.66%	84.95%	83.28%	82.59%	83.06%	79.48%	80.94%	82.22%
Interest Burden Percent	72.03%	72.13%	77.10%	76.12%	74.50%	77.11%	84.93%	90.85%	90.61%	89.77%
Effective Tax Rate	26.97%	24.50%	27.34%	15.05%	16.72%	17.41%	16.94%	20.52%	19.06%	17.78%
Return on Invested Capital (ROIC)	7.17%	7.28%	7.62%	8.43%	8.20%	23.84%	29.59%	16.94%	15.56%	14.47%
ROIC Less NNEP Spread (ROIC-NNEP)	3.27%	2.78%	3.52%	3.76%	4.06%	32.21%	42.92%	13.35%	13.72%	12.65%
Return on Net Nonoperating Assets (RNNOA)	2.91%	2.50%	2.98%	3.12%	3.30%	-12.23%	-10.60%	8.80%	6.56%	4.92%
Return on Equity (ROE)	10.08%	9.77%	10.60%	11.55%	11.50%	11.60%	18.99%	25.74%	22.12%	19.39%
Cash Return on Invested Capital (CROIC)	-4.29%	1.60%	4.94%	4.49%	2.29%	0.00%	-109.98%	12.15%	6.40%	4.73%
Operating Return on Assets (OROA)	6.26%	6.13%	6.60%	6.28%	6.47%	6.20%	9.40%	13.92%	13.06%	11.86%
Return on Assets (ROA)	3.33%	3.34%	3.70%	4.06%	4.02%	3.95%	6.63%	10.05%	9.58%	8.75%
Return on Common Equity (ROCE)	10.08%	9.77%	10.60%	11.55%	11.50%	11.60%	18.99%	25.74%	22.12%	19.39%
Return on Equity Simple (ROE_SIMPLE)	9.81%	9.30%	10.39%	11.30%	11.11%	11.01%	17.84%	23.35%	20.39%	18.08%
Net Operating Profit after Tax (NOPAT)	80	88	96	110	112	122	207	310	306	313
NOPAT Margin	10.23%	10.96%	11.32%	11.99%	12.22%	13.72%	17.33%	21.25%	22.67%	23.50%
Net Nonoperating Expense Percent (NNEP)	3.90%	4.50%	4.10%	4.66%	4.14%	-8.38%	-13.33%	3.59%	1.84%	1.82%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	15.14%	13.02%	11.66%
Cost of Revenue to Revenue	37.83%	55.07%	54.57%	70.41%	69.60%	36.99%	59.61%	56.47%	53.64%	51.60%
SG&A Expenses to Revenue	5.13%	4.81%	4.89%	5.62%	5.52%	6.18%	5.46%	4.77%	5.39%	6.02%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	48.16%	30.42%	29.86%	15.47%	15.73%	46.39%	19.53%	16.79%	18.35%	19.83%
Earnings before Interest and Taxes (EBIT)	111	114	129	127	140	151	251	394	401	409
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	172	188	202	202	218	233	342	486	499	516
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.28	1.92	2.09	2.31	2.29	1.83	2.81	1.91	2.39	1.84
Price to Tangible Book Value (P/TBV)	1.41	2.09	2.26	2.48	2.45	1.93	2.95	1.98	2.46	1.89
Price to Revenue (P/Rev)	1.00	1.60	1.72	1.84	1.95	1.79	2.32	1.59	2.55	2.31
Price to Earnings (P/E)	13.09	20.66	20.14	20.43	20.63	16.59	15.73	8.17	11.71	10.17
Dividend Yield	5.98%	3.81%	3.47%	3.16%	3.11%	3.82%	2.33%	2.96%	2.12%	2.55%
Earnings Yield	7.64%	4.84%	4.97%	4.89%	4.85%	6.03%	6.36%	12.24%	8.54%	9.83%
Enterprise Value to Invested Capital (EV/IC)	1.14	1.50	1.59	1.72	1.72	0.00	2.00	1.59	1.97	1.62
Enterprise Value to Revenue (EV/Rev)	1.73	2.32	2.40	2.49	2.63	2.68	2.99	2.04	3.01	2.76
Enterprise Value to EBITDA (EV/EBITDA)	7.83	9.90	10.09	11.29	11.10	10.25	10.46	6.13	8.13	7.11
Enterprise Value to EBIT (EV/EBIT)	12.08	16.26	15.75	17.92	17.29	15.83	14.28	7.57	10.12	8.97
Enterprise Value to NOPAT (EV/NOPAT)	16.87	21.13	21.19	20.76	21.55	19.51	17.25	9.60	13.27	11.73
Enterprise Value to Operating Cash Flow (EV/OCF)	11.45	11.39	11.73	15.90	13.08	11.24	15.47	7.66	10.03	8.10
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	96.10	32.70	38.99	77.20	1.24	0.00	13.39	32.27	35.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.95	0.87	0.87	0.84	0.89	0.97	0.86	0.68	0.63	0.61
Long-Term Debt to Equity	0.73	0.75	0.70	0.81	0.88	0.72	0.74	0.68	0.57	0.57
Financial Leverage	0.89	0.90	0.85	0.83	0.81	-0.38	-0.25	0.66	0.48	0.39
Leverage Ratio	3.02	2.93	2.87	2.85	2.86	2.94	2.86	2.56	2.31	2.22
Compound Leverage Factor	2.18	2.11	2.21	2.17	2.13	2.26	2.43	2.33	2.09	1.99
Debt to Total Capital	48.81%	46.46%	46.39%	45.51%	47.10%	49.26%	46.33%	40.60%	38.56%	37.79%
Short-Term Debt to Total Capital	11.26%	6.08%	8.66%	1.40%	0.42%	12.88%	6.56%	0.40%	3.47%	2.60%
Long-Term Debt to Total Capital	37.55%	40.38%	37.73%	44.11%	46.68%	36.38%	39.76%	40.20%	35.09%	35.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	51.19%	53.54%	53.61%	54.49%	52.90%	50.74%	53.67%	59.40%	61.44%	62.21%
Debt to EBITDA	3.36	3.09	2.99	3.01	3.19	3.64	2.50	1.71	1.81	1.96
Net Debt to EBITDA	3.31	3.05	2.86	2.97	2.89	3.41	2.33	1.35	1.23	1.16
Long-Term Debt to EBITDA	2.58	2.69	2.43	2.92	3.16	2.69	2.15	1.69	1.65	1.83
Debt to NOPAT	7.23	6.60	6.27	5.54	6.19	6.92	4.12	2.68	2.96	3.24
Net Debt to NOPAT	7.13	6.51	6.01	5.45	5.60	6.49	3.84	2.12	2.00	1.91
Long-Term Debt to NOPAT	5.57	5.74	5.10	5.37	6.14	5.11	3.54	2.65	2.69	3.02
Altman Z-Score	1.07	1.34	1.41	1.59	1.50	1.14	1.86	2.15	2.42	2.16
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.76	0.96	0.93	1.42	1.34	0.54	0.95	1.91	1.84	2.03
Quick Ratio	0.33	0.44	0.45	0.64	0.68	0.26	0.46	1.11	1.25	1.42
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-48	19	62	59	31	1,919	-1,966	223	126	102
Operating Cash Flow to CapEx	75.11%	104.45%	135.16%	139.21%	93.06%	57.82%	142.63%	233.42%	144.00%	129.43%
Free Cash Flow to Firm to Interest Expense	-1.53	0.61	2.10	1.92	0.88	55.70	-52.05	6.18	3.34	2.44
Operating Cash Flow to Interest Expense	3.77	5.12	5.86	4.72	5.18	6.15	6.12	10.81	10.74	10.83
Operating Cash Flow Less CapEx to Interest Expense	-1.25	0.22	1.53	1.33	-0.39	-4.49	1.83	6.18	3.28	2.46
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.44	0.43	0.43	0.45	0.43	0.37	0.45	0.52	0.44	0.39
Accounts Receivable Turnover	8.60	8.73	8.81	8.85	8.51	8.03	8.29	9.15	8.95	8.78
Inventory Turnover	3.46	5.23	5.40	6.64	6.27	3.47	5.93	5.60	4.90	4.60
Fixed Asset Turnover	0.59	0.56	0.56	0.59	0.55	0.00	0.00	0.67	0.58	0.52
Accounts Payable Turnover	3.00	4.95	5.33	7.13	5.90	2.73	5.58	6.89	7.28	6.60
Days Sales Outstanding (DSO)	42.42	41.81	41.43	41.25	42.90	45.43	44.05	39.91	40.79	41.57
Days Inventory Outstanding (DIO)	105.54	69.77	67.64	54.96	58.21	105.32	61.56	65.17	74.56	79.38
Days Payable Outstanding (DPO)	121.56	73.76	68.53	51.18	61.90	133.80	65.41	53.00	50.14	55.30
Cash Conversion Cycle (CCC)	26.40	37.81	40.55	45.03	39.21	16.96	40.20	52.07	65.21	65.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,176	1,244	1,278	1,330	1,411	-386	1,788	1,876	2,056	2,266
Invested Capital Turnover	0.70	0.66	0.67	0.70	0.67	1.74	1.71	0.80	0.69	0.62
Increase / (Decrease) in Invested Capital	127	69	34	51	81	-1,796	2,174	88	180	210
Enterprise Value (EV)	1,345	1,861	2,037	2,281	2,421	2,383	3,577	2,981	4,059	3,666
Market Capitalization	777	1,288	1,459	1,683	1,792	1,590	2,781	2,322	3,446	3,068
Book Value per Share	$16.03	$17.06	$17.62	$18.38	$19.66	$21.21	$23.85	$29.24	$34.60	$39.89
Tangible Book Value per Share	$14.56	$15.73	$16.32	$17.11	$18.43	$20.05	$22.73	$28.15	$33.53	$38.85
Total Capital	1,182	1,252	1,300	1,338	1,477	1,716	1,846	2,049	2,348	2,682
Total Debt	577	581	603	609	696	846	855	832	905	1,013
Total Long-Term Debt	444	505	490	590	690	624	734	824	824	944
Net Debt	569	573	578	599	629	792	797	658	613	598
Capital Expenditures (CapEx)	156	156	128	103	199	367	162	167	281	350
Debt-free, Cash-free Net Working Capital (DFCFNWC)	69	68	79	89	50	18	101	104	111	95
Debt-free Net Working Capital (DFNWC)	69	68	95	90	71	19	103	223	342	390
Net Working Capital (NWC)	-64	-7.66	-18	71	65	-202	-18	215	260	320
Net Nonoperating Expense (NNE)	20	26	24	28	25	26	31	26	12	11
Net Nonoperating Obligations (NNO)	571	574	581	601	629	-1,257	797	658	613	598
Total Depreciation and Amortization (D&A)	60	73	73	75	78	82	91	93	98	107
Debt-free, Cash-free Net Working Capital to Revenue	8.81%	8.52%	9.28%	9.74%	5.45%	2.02%	8.46%	7.14%	8.26%	7.16%
Debt-free Net Working Capital to Revenue	8.81%	8.52%	11.19%	9.83%	7.75%	2.15%	8.59%	15.29%	25.34%	29.30%
Net Working Capital to Revenue	-8.26%	-0.95%	-2.06%	7.78%	7.08%	-22.69%	-1.53%	14.73%	19.30%	24.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.58	$1.62	$1.84	$2.08	$2.19	$2.35	$4.26	$6.83	$7.06	$7.22
Adjusted Weighted Average Basic Shares Outstanding	374.95M	38.55M	39.46M	39.60M	39.72M	40.71M	41.49M	41.59M	41.67M	41.78M
Adjusted Diluted Earnings per Share	$1.58	$1.61	$1.82	$2.06	$2.17	$2.34	$4.23	$6.78	$7.00	$7.17
Adjusted Weighted Average Diluted Shares Outstanding	37.67M	38.73M	39.75M	39.89M	39.95M	40.91M	41.82M	41.93M	42.04M	42.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	38.00M	39.41M	39.63M	39.73M	40.21M	41.51M	41.61M	41.63M	41.71M	41.83M
Normalized Net Operating Profit after Tax (NOPAT)	80	88	96	110	112	122	207	310	306	313
Normalized NOPAT Margin	10.23%	10.96%	11.32%	11.99%	12.22%	13.72%	17.33%	21.25%	22.67%	23.50%
Pre Tax Income Margin	10.29%	10.27%	11.74%	10.58%	11.34%	13.04%	17.78%	24.49%	26.94%	27.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.57	3.59	4.37	4.19	3.92	4.37	6.63	10.93	10.65	9.77
NOPAT to Interest Expense	2.56	2.76	3.25	3.61	3.15	3.55	5.49	8.62	8.12	7.48
EBIT Less CapEx to Interest Expense	-1.45	-1.32	0.03	0.80	-1.65	-6.27	2.34	6.30	3.19	1.41
NOPAT Less CapEx to Interest Expense	-2.46	-2.14	-1.09	0.23	-2.42	-7.10	1.20	3.99	0.66	-0.89
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	77.89%	77.41%	69.90%	64.60%	64.16%	62.92%	36.69%	24.19%	24.83%	25.94%
Augmented Payout Ratio	80.58%	78.48%	72.38%	68.39%	64.16%	62.92%	36.69%	24.19%	24.83%	25.94%

This table displays calculated financial ratios and metrics derived from Otter Tail's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	21.36%	-9.55%	-9.56%	-15.58%	-6.72%	4.28%	2.36%	1.37%	-5.59%	-3.56%
EBITDA Growth	42.91%	-14.06%	-10.70%	-5.91%	8.47%	28.24%	17.27%	6.22%	-5.35%	-2.46%
EBIT Growth	56.22%	-18.00%	-13.57%	-7.61%	8.55%	34.92%	19.71%	5.43%	-8.38%	-6.09%
NOPAT Growth	50.52%	-20.48%	-15.77%	-8.33%	4.16%	25.17%	15.20%	5.26%	-7.54%	-0.88%
Net Income Growth	59.68%	-18.62%	-13.22%	-4.62%	9.18%	37.52%	18.98%	6.13%	-7.06%	-5.05%
EPS Growth	59.52%	-18.70%	-13.37%	-4.88%	8.96%	37.00%	18.79%	6.15%	-7.31%	-5.11%
Operating Cash Flow Growth	30.36%	32.48%	22.32%	-0.98%	19.28%	-15.13%	29.45%	17.53%	-25.88%	51.10%
Free Cash Flow Firm Growth	62.77%	98.07%	-78.71%	-720.35%	-64.40%	-196.85%	-5.10%	45.96%	-137.27%	-25.41%
Invested Capital Growth	7.03%	4.91%	7.39%	9.66%	7.87%	9.60%	7.57%	6.91%	10.50%	10.24%
Revenue Q/Q Growth	-4.05%	-21.48%	12.50%	-0.40%	6.02%	-12.22%	10.42%	-1.36%	-1.26%	-10.33%
EBITDA Q/Q Growth	-4.03%	-41.70%	34.89%	24.67%	10.64%	-31.07%	20.69%	12.92%	-1.41%	-28.97%
EBIT Q/Q Growth	-4.11%	-49.91%	46.69%	31.14%	12.66%	-37.75%	26.46%	15.48%	-2.09%	-36.19%
NOPAT Q/Q Growth	-1.40%	-48.83%	41.83%	28.10%	12.03%	-38.51%	30.54%	17.05%	-1.59%	-34.08%
Net Income Q/Q Growth	-1.98%	-50.14%	48.75%	31.19%	12.21%	-37.19%	28.69%	17.03%	-1.74%	-35.83%
EPS Q/Q Growth	-1.95%	-50.25%	49.00%	30.87%	12.31%	-37.44%	29.20%	16.95%	-1.93%	-35.96%
Operating Cash Flow Q/Q Growth	-13.72%	-9.80%	-45.18%	132.11%	3.92%	-35.82%	-16.38%	110.74%	-34.47%	30.85%
Free Cash Flow Firm Q/Q Growth	-179.34%	-27.82%	-71.55%	-33.93%	44.02%	-130.79%	39.26%	31.14%	-145.81%	-21.98%
Invested Capital Q/Q Growth	1.46%	-0.34%	5.91%	2.39%	-0.20%	1.27%	3.95%	1.76%	3.16%	1.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.63%	45.26%	41.09%	49.25%	51.76%	42.79%	46.63%	50.14%	50.92%	45.67%
EBITDA Margin	36.13%	26.82%	32.16%	40.26%	42.01%	32.99%	36.85%	42.19%	42.12%	33.37%
Operating Margin	30.25%	18.23%	23.79%	31.40%	33.83%	22.30%	27.37%	32.40%	31.81%	22.05%
EBIT Margin	30.21%	19.27%	25.13%	33.08%	35.16%	24.93%	29.39%	34.41%	34.12%	24.28%
Profit (Net Income) Margin	21.95%	13.94%	18.43%	24.27%	25.69%	18.38%	21.42%	25.41%	25.29%	18.10%
Tax Burden Percent	78.91%	85.35%	82.45%	80.34%	78.81%	83.75%	80.67%	80.86%	82.07%	87.06%
Interest Burden Percent	92.06%	84.73%	88.95%	91.32%	92.71%	88.02%	90.34%	91.34%	90.31%	85.61%
Effective Tax Rate	21.09%	14.65%	17.55%	19.66%	21.19%	16.25%	19.33%	19.14%	17.93%	12.94%
Return on Invested Capital (ROIC)	19.57%	12.40%	14.57%	17.67%	18.21%	12.82%	14.53%	16.96%	16.40%	11.82%
ROIC Less NNEP Spread (ROIC-NNEP)	18.59%	11.73%	14.04%	17.23%	17.69%	12.67%	14.20%	16.55%	15.95%	11.27%
Return on Net Nonoperating Assets (RNNOA)	13.08%	7.73%	9.26%	10.17%	9.06%	6.05%	7.00%	7.51%	6.50%	4.38%
Return on Equity (ROE)	32.65%	20.13%	23.83%	27.84%	27.27%	18.87%	21.54%	24.47%	22.89%	16.20%
Cash Return on Invested Capital (CROIC)	10.92%	12.15%	8.41%	5.71%	7.45%	6.40%	8.04%	8.56%	4.69%	4.73%
Operating Return on Assets (OROA)	16.07%	9.95%	12.39%	15.10%	15.44%	10.95%	12.63%	14.30%	13.56%	9.37%
Return on Assets (ROA)	11.67%	7.20%	9.08%	11.08%	11.28%	8.07%	9.21%	10.56%	10.05%	6.98%
Return on Common Equity (ROCE)	32.65%	20.13%	23.83%	27.84%	27.27%	18.87%	21.54%	24.47%	22.89%	16.20%
Return on Equity Simple (ROE_SIMPLE)	24.81%	0.00%	21.73%	20.38%	19.85%	0.00%	20.44%	19.87%	18.65%	0.00%
Net Operating Profit after Tax (NOPAT)	92	47	67	85	95	59	77	90	88	58
NOPAT Margin	23.87%	15.56%	19.61%	25.23%	26.66%	18.67%	22.08%	26.20%	26.11%	19.19%
Net Nonoperating Expense Percent (NNEP)	0.98%	0.67%	0.53%	0.45%	0.53%	0.15%	0.34%	0.41%	0.45%	0.55%
Return On Investment Capital (ROIC_SIMPLE)	-	2.29%	-	-	-	2.50%	-	-	-	2.17%
Cost of Revenue to Revenue	58.37%	54.74%	58.91%	50.75%	48.24%	57.21%	53.37%	49.86%	49.08%	54.33%
SG&A Expenses to Revenue	4.30%	6.22%	5.51%	5.00%	4.43%	6.75%	5.45%	5.30%	5.57%	7.97%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.38%	27.03%	17.30%	17.85%	17.93%	20.50%	19.27%	17.74%	19.10%	23.63%
Earnings before Interest and Taxes (EBIT)	116	58	85	112	126	78	102	118	115	74
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	139	81	109	136	150	104	128	144	142	101
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.07	1.91	2.31	2.42	2.21	2.39	2.38	2.33	2.00	1.84
Price to Tangible Book Value (P/TBV)	2.15	1.98	2.39	2.50	2.28	2.46	2.45	2.39	2.06	1.89
Price to Revenue (P/Rev)	1.64	1.59	2.05	2.36	2.32	2.55	2.63	2.68	2.44	2.31
Price to Earnings (P/E)	8.32	8.17	10.61	11.85	11.13	11.71	11.65	11.71	10.73	10.17
Dividend Yield	2.77%	2.96%	2.39%	2.21%	2.32%	2.12%	2.08%	2.08%	2.35%	2.55%
Earnings Yield	12.01%	12.24%	9.42%	8.44%	8.98%	8.54%	8.58%	8.54%	9.32%	9.83%
Enterprise Value to Invested Capital (EV/IC)	1.67	1.59	1.83	1.90	1.84	1.97	1.97	1.96	1.73	1.62
Enterprise Value to Revenue (EV/Rev)	2.11	2.04	2.55	2.84	2.79	3.01	3.10	3.12	2.89	2.76
Enterprise Value to EBITDA (EV/EBITDA)	6.29	6.13	7.69	8.34	7.82	8.13	8.12	8.08	7.48	7.11
Enterprise Value to EBIT (EV/EBIT)	7.74	7.57	9.57	10.44	9.78	10.12	10.06	10.03	9.38	8.97
Enterprise Value to NOPAT (EV/NOPAT)	9.75	9.60	12.21	13.34	12.68	13.27	13.31	13.27	12.38	11.73
Enterprise Value to Operating Cash Flow (EV/OCF)	8.62	7.66	9.11	9.72	8.88	10.03	9.99	9.59	9.49	8.10
Enterprise Value to Free Cash Flow (EV/FCFF)	15.82	13.39	22.55	34.88	25.56	32.27	25.39	23.62	38.71	35.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.70	0.68	0.70	0.66	0.62	0.63	0.63	0.61	0.62	0.61
Long-Term Debt to Equity	0.70	0.68	0.65	0.62	0.59	0.57	0.63	0.60	0.58	0.57
Financial Leverage	0.70	0.66	0.66	0.59	0.51	0.48	0.49	0.45	0.41	0.39
Leverage Ratio	2.63	2.56	2.50	2.44	2.35	2.31	2.29	2.26	2.22	2.22
Compound Leverage Factor	2.42	2.17	2.22	2.23	2.18	2.03	2.07	2.07	2.01	1.90
Debt to Total Capital	41.03%	40.60%	41.18%	39.69%	38.43%	38.56%	38.65%	37.92%	38.23%	37.79%
Short-Term Debt to Total Capital	0.00%	0.40%	2.83%	2.28%	2.26%	3.47%	0.00%	0.51%	2.55%	2.60%
Long-Term Debt to Total Capital	41.03%	40.20%	38.35%	37.41%	36.17%	35.09%	38.65%	37.41%	35.69%	35.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	58.97%	59.40%	58.82%	60.31%	61.57%	61.44%	61.35%	62.08%	61.77%	62.21%
Debt to EBITDA	1.65	1.71	1.87	1.88	1.84	1.81	1.82	1.82	1.95	1.96
Net Debt to EBITDA	1.40	1.35	1.53	1.43	1.32	1.23	1.23	1.16	1.18	1.16
Long-Term Debt to EBITDA	1.65	1.69	1.74	1.77	1.73	1.65	1.82	1.79	1.82	1.83
Debt to NOPAT	2.56	2.68	2.97	3.01	2.98	2.96	2.99	2.98	3.23	3.24
Net Debt to NOPAT	2.16	2.12	2.43	2.29	2.13	2.00	2.02	1.90	1.95	1.91
Long-Term Debt to NOPAT	2.56	2.65	2.77	2.84	2.80	2.69	2.99	2.94	3.01	3.02
Altman Z-Score	1.86	1.77	1.96	2.05	2.02	2.09	2.19	2.15	2.01	1.86
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.90	1.91	1.73	1.74	1.80	1.84	2.92	2.27	2.17	2.03
Quick Ratio	1.10	1.11	1.07	1.15	1.23	1.25	2.08	1.56	1.56	1.42
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-32	-41	-70	-94	-53	-121	-74	-51	-125	-152
Operating Cash Flow to CapEx	218.26%	213.95%	57.23%	250.50%	175.03%	154.11%	100.51%	153.30%	120.14%	134.34%
Free Cash Flow to Firm to Interest Expense	-3.46	-4.64	-7.45	-9.69	-5.73	-12.93	-7.49	-4.98	-11.17	-14.38
Operating Cash Flow to Interest Expense	12.13	11.49	5.90	13.30	14.60	9.16	7.30	14.85	8.89	12.27
Operating Cash Flow Less CapEx to Interest Expense	6.57	6.12	-4.41	7.99	6.26	3.22	0.04	5.16	1.49	3.14
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.53	0.52	0.49	0.46	0.44	0.44	0.43	0.42	0.40	0.39
Accounts Receivable Turnover	8.01	9.15	7.22	6.47	6.91	8.95	7.31	7.04	7.07	8.78
Inventory Turnover	6.24	5.60	5.56	5.22	4.92	4.90	4.84	4.63	4.75	4.60
Fixed Asset Turnover	0.70	0.67	0.64	0.61	0.58	0.58	0.57	0.56	0.54	0.52
Accounts Payable Turnover	6.33	6.89	7.60	6.39	6.30	7.28	7.64	6.12	7.31	6.60
Days Sales Outstanding (DSO)	45.57	39.91	50.52	56.38	52.85	40.79	49.91	51.85	51.61	41.57
Days Inventory Outstanding (DIO)	58.45	65.17	65.66	69.96	74.25	74.56	75.39	78.88	76.79	79.38
Days Payable Outstanding (DPO)	57.66	53.00	48.02	57.13	57.96	50.14	47.79	59.66	49.94	55.30
Cash Conversion Cycle (CCC)	46.37	52.07	68.16	69.21	69.14	65.21	77.51	71.08	78.46	65.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,882	1,876	1,986	2,034	2,030	2,056	2,137	2,174	2,243	2,266
Invested Capital Turnover	0.82	0.80	0.74	0.70	0.68	0.69	0.66	0.65	0.63	0.62
Increase / (Decrease) in Invested Capital	124	88	137	179	148	180	150	140	213	210
Enterprise Value (EV)	3,143	2,981	3,637	3,872	3,727	4,059	4,206	4,252	3,879	3,666
Market Capitalization	2,446	2,322	2,915	3,208	3,100	3,446	3,566	3,643	3,269	3,068
Book Value per Share	$28.44	$29.24	$30.36	$31.85	$33.63	$34.60	$35.89	$37.44	$39.05	$39.89
Tangible Book Value per Share	$27.34	$28.15	$29.27	$30.77	$32.56	$33.53	$34.83	$36.39	$38.01	$38.85
Total Capital	2,008	2,049	2,149	2,203	2,278	2,348	2,441	2,522	2,644	2,682
Total Debt	824	832	885	874	875	905	944	956	1,011	1,013
Total Long-Term Debt	824	824	824	824	824	824	944	944	944	944
Net Debt	698	658	723	664	627	613	639	609	610	598
Capital Expenditures (CapEx)	51	47	97	51	77	56	72	99	83	97
Debt-free, Cash-free Net Working Capital (DFCFNWC)	146	104	149	123	109	111	161	125	138	95
Debt-free Net Working Capital (DFNWC)	219	223	253	274	298	342	399	356	418	390
Net Working Capital (NWC)	219	215	192	224	247	260	399	343	351	320
Net Nonoperating Expense (NNE)	7.40	4.89	4.03	3.23	3.48	0.93	2.28	2.69	2.78	3.33
Net Nonoperating Obligations (NNO)	698	658	723	705	627	613	639	609	610	598
Total Depreciation and Amortization (D&A)	23	23	24	24	25	25	26	27	27	28
Debt-free, Cash-free Net Working Capital to Revenue	9.76%	7.14%	10.44%	9.04%	8.16%	8.26%	11.89%	9.20%	10.29%	7.16%
Debt-free Net Working Capital to Revenue	14.65%	15.29%	17.74%	20.10%	22.32%	25.34%	29.43%	26.14%	31.16%	29.30%
Net Working Capital to Revenue	14.65%	14.73%	13.47%	16.41%	18.46%	19.30%	29.43%	25.20%	26.14%	24.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.02	$1.01	$1.50	$1.97	$2.21	$1.38	$1.78	$2.08	$2.04	$1.32
Adjusted Weighted Average Basic Shares Outstanding	41.60M	41.59M	41.63M	41.68M	41.68M	41.67M	41.72M	41.78M	41.80M	41.78M
Adjusted Diluted Earnings per Share	$2.01	$1.00	$1.49	$1.95	$2.19	$1.37	$1.77	$2.07	$2.03	$1.30
Adjusted Weighted Average Diluted Shares Outstanding	41.97M	41.93M	41.98M	42.05M	42.06M	42.04M	42.03M	42.07M	42.08M	42.07M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	41.63M	41.63M	41.71M	41.71M	41.71M	41.71M	41.81M	41.83M	41.83M	41.83M
Normalized Net Operating Profit after Tax (NOPAT)	92	47	67	85	95	59	77	90	88	58
Normalized NOPAT Margin	23.87%	15.56%	19.61%	25.23%	26.66%	18.67%	22.08%	26.20%	26.11%	19.19%
Pre Tax Income Margin	27.81%	16.33%	22.35%	30.21%	32.59%	21.94%	26.55%	31.43%	30.81%	20.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.52	6.59	9.05	11.52	13.72	8.34	10.35	11.55	10.32	6.95
NOPAT to Interest Expense	9.90	5.32	7.06	8.79	10.40	6.25	7.78	8.79	7.90	5.49
EBIT Less CapEx to Interest Expense	6.96	1.22	-1.26	6.21	5.38	2.40	3.09	1.86	2.92	-2.19
NOPAT Less CapEx to Interest Expense	4.34	-0.05	-3.25	3.48	2.06	0.31	0.52	-0.90	0.50	-3.64
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	23.07%	24.19%	25.42%	26.19%	25.85%	24.83%	24.30%	24.32%	25.27%	25.94%
Augmented Payout Ratio	23.07%	24.19%	25.42%	26.19%	25.85%	24.83%	24.30%	24.32%	25.27%	25.94%

Frequently Asked Questions About Otter Tail's Financials

When does Otter Tail's fiscal year end?

According to the most recent income statement we have on file, Otter Tail's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Otter Tail's net income changed over the last 9 years?

Otter Tail's net income appears to be on an upward trend, with a most recent value of $301.66 million in 2024, rising from $59.35 million in 2015. The previous period was $294.19 million in 2023.

What is Otter Tail's operating income?

Otter Tail's total operating income in 2024 was $380.25 million, based on the following breakdown:

Total Gross Profit: $644.04 million
Total Operating Expenses: $263.79 million

How has Otter Tail revenue changed over the last 9 years?

Over the last 9 years, Otter Tail's total revenue changed from $779.80 million in 2015 to $1.33 billion in 2024, a change of 70.6%.

How much debt does Otter Tail have?

Otter Tail's total liabilities were at $1.98 billion at the end of 2024, a 10.2% increase from 2023, and a 63.4% increase since 2015.

How much cash does Otter Tail have?

In the past 9 years, Otter Tail's cash and equivalents has ranged from $0.00 in 2015 to $294.65 million in 2024, and is currently $294.65 million as of their latest financial filing in 2024.

How has Otter Tail's book value per share changed over the last 9 years?

Over the last 9 years, Otter Tail's book value per share changed from 16.03 in 2015 to 39.89 in 2024, a change of 148.8%.

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This page (NASDAQ:OTTR) was last updated on 4/16/2025 by MarketBeat.com Staff

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Otter Tail (OTTR) Financials

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Otter Tail (OTTR) Financials

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