Otter Tail (OTTR) Financials

$76.66 -0.67 (-0.87%)

Closing price 04:00 PM Eastern

Extended Trading

$76.69 +0.03 (+0.05%)

As of 04:43 PM 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	302	294	284	177	96	87	82	72	62	59
Consolidated Net Income / (Loss)	302	294	284	177	96	87	82	72	62	59
Net Income / (Loss) Continuing Operations	302	294	284	177	96	87	82	72	62	59
Total Pre-Tax Income	367	363	358	213	116	104	97	100	83	80
Total Operating Income	380	378	390	250	148	135	129	132	117	109
Total Gross Profit	644	625	636	483	561	280	271	386	361	485
Total Revenue	1,331	1,349	1,460	1,197	890	920	916	849	804	780
Operating Revenue	1,331	1,349	1,460	1,197	890	920	916	849	804	780
Total Cost of Revenue	687	724	825	713	329	640	645	463	442	295
Operating Cost of Revenue	687	724	825	713	329	640	645	463	442	295
Total Operating Expenses	264	248	245	234	413	145	142	254	244	376
Selling, General & Admin Expense	80	73	70	65	55	51	52	41	39	40
Depreciation Expense	107	98	93	91	82	78	75	73	73	60
Other Operating Expenses / (Income)	77	77	83	77	276	16	16	140	132	275
Total Other Income / (Expense), net	-13	-14	-33	-37	-32	-31	-32	-33	-34	-29
Interest Expense	42	38	36	38	34	36	30	30	32	31
Other Income / (Expense), net	28	23	3.11	0.88	2.62	5.11	-2.05	-2.99	-2.21	2.18
Income Tax Expense	65	69	73	36	20	17	15	27	20	22
Basic Earnings per Share	$7.22	$7.06	$6.83	$4.26	$2.35	$2.19	$2.08	$1.84	$1.62	$1.58
Weighted Average Basic Shares Outstanding	41.78M	41.67M	41.59M	41.49M	40.71M	39.72M	39.60M	39.46M	38.55M	37.49M
Diluted Earnings per Share	$7.17	$7.00	$6.78	$4.23	$2.34	$2.17	$2.06	$1.82	$1.61	$1.58
Weighted Average Diluted Shares Outstanding	42.07M	42.04M	41.93M	41.82M	40.91M	39.95M	39.89M	39.75M	38.73M	37.67M
Weighted Average Basic & Diluted Shares Outstanding	41.83M	41.71M	41.63M	41.61M	41.51M	40.21M	39.60M	39.40M	38.50M	37.60M
Cash Dividends to Common per Share	$1.87	$1.75	$1.65	$1.56	$1.48	$1.40	$1.34	$1.28	$1.25	$1.23

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	68	55	85	87	74	58	92	82	62	42	84
Consolidated Net Income / (Loss)	68	55	85	87	74	58	92	82	62	42	84
Net Income / (Loss) Continuing Operations	68	55	85	87	74	58	92	82	62	42	84
Total Pre-Tax Income	78	63	104	108	92	69	117	102	76	49	107
Total Operating Income	84	67	108	111	95	70	121	106	81	55	116
Total Gross Profit	139	138	172	172	162	135	185	166	139	136	160
Total Revenue	337	303	338	342	347	314	358	338	339	301	384
Operating Revenue	337	303	338	342	347	314	358	338	339	-	384
Total Cost of Revenue	198	165	166	171	185	180	173	171	200	165	224
Operating Cost of Revenue	198	165	166	171	185	180	173	171	200	165	224
Total Operating Expenses	55	72	65	61	67	64	64	60	59	81	44
Selling, General & Admin Expense	21	24	19	18	19	21	16	17	19	19	17
Depreciation Expense	29	28	27	27	26	25	25	24	24	23	23
Other Operating Expenses / (Income)	4.23	20	19	16	22	18	24	19	16	40	4.44
Total Other Income / (Expense), net	-5.82	-3.82	-3.39	-3.32	-2.83	-1.11	-4.42	-4.02	-4.89	-5.73	-9.38
Interest Expense	12	11	11	10	9.85	9.39	9.18	9.70	9.42	8.82	9.26
Interest & Investment Income	1.28	-	-	-	-	-	-	-	-	-	0.05
Other Income / (Expense), net	4.46	6.77	7.79	6.88	7.02	8.28	4.76	5.67	4.53	3.14	-0.17
Income Tax Expense	10	8.15	19	21	18	11	25	20	13	7.21	23
Basic Earnings per Share	$1.63	$1.32	$2.04	$2.08	$1.78	$1.38	$2.21	$1.97	$1.50	$1.01	$2.02
Weighted Average Basic Shares Outstanding	41.83M	41.78M	41.80M	41.78M	41.72M	41.67M	41.68M	41.68M	41.63M	41.59M	41.60M
Diluted Earnings per Share	$1.62	$1.30	$2.03	$2.07	$1.77	$1.37	$2.19	$1.95	$1.49	$1.00	$2.01
Weighted Average Diluted Shares Outstanding	42.06M	42.07M	42.08M	42.07M	42.03M	42.04M	42.06M	42.05M	41.98M	41.93M	41.97M
Weighted Average Basic & Diluted Shares Outstanding	41.90M	41.83M	41.83M	41.83M	41.81M	41.71M	41.71M	41.71M	41.71M	41.63M	41.63M
Cash Dividends to Common per Share	$0.53	-	$0.47	$0.47	$0.47	-	$0.44	$0.44	$0.44	-	$0.41

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	64	111	117	0.37	-20	20	-15	16	0.00	-39
Net Cash From Operating Activities	453	404	389	231	212	185	143	174	163	118
Net Cash From Continuing Operating Activities	453	404	389	231	212	185	143	174	163	132
Net Income / (Loss) Continuing Operations	302	294	284	177	96	87	82	72	62	59
Consolidated Net Income / (Loss)	302	294	284	177	96	87	82	72	62	59
Depreciation Expense	107	98	93	91	82	78	75	73	73	60
Non-Cash Adjustments To Reconcile Net Income	0.75	-0.64	7.89	9.41	14	13	3.04	2.18	1.53	-16
Changes in Operating Assets and Liabilities, net	43	13	4.64	-46	20	6.90	-17	26	26	28
Net Cash From Investing Activities	-411	-289	-175	-172	-376	-209	-107	-133	-159	-156
Net Cash From Continuing Investing Activities	-411	-289	-175	-172	-376	-209	-107	-133	-159	-194
Purchase of Property, Plant & Equipment	-359	-287	-171	-172	-372	-207	-105	-133	-161	-160
Purchase of Investments	-62	-8.38	-8.28	-9.38	-9.11	-11	-4.37	-4.17	-4.40	-6.30
Sale of Property, Plant & Equipment	8.85	6.23	4.35	9.70	5.01	8.52	2.38	4.49	4.84	3.59
Net Cash From Financing Activities	23	-3.84	-97	-59	144	45	-51	-25	-4.06	38
Net Cash From Continuing Financing Activities	23	-3.84	-97	-59	144	45	-51	-25	-4.06	38
Repayment of Debt	-12	-0.90	-32	-144	3.65	-17	-95	-49	-126	-0.52
Payment of Dividends	-78	-73	-69	-65	-60	-56	-53	-51	-48	-46
Issuance of Debt	120	73	7.04	150	150	100	100	69	130	70
Other Financing Activities, net	-6.46	-3.09	-2.94	-1.51	-2.07	-2.73	-0.35	2.43	-3.36	2.86
Cash Interest Paid	39	37	36	37	33	30	28	-	-	-
Cash Income Taxes Paid	58	46	43	8.45	5.18	4.80	6.11	-	-	-

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	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-9.84	15	49	-7.49	7.79	41	39	46	-15	46	11
Net Cash From Operating Activities	39	130	99	152	72	86	134	129	56	101	112
Net Cash From Continuing Operating Activities	39	130	99	152	72	86	134	129	56	101	112
Net Income / (Loss) Continuing Operations	68	55	85	87	74	58	92	82	62	42	84
Consolidated Net Income / (Loss)	68	55	85	87	74	58	92	82	62	42	84
Depreciation Expense	29	28	27	27	26	25	25	24	24	23	23
Non-Cash Adjustments To Reconcile Net Income	4.63	0.66	-1.99	0.02	2.07	-3.16	0.54	-1.37	3.35	-2.23	0.71
Changes in Operating Assets and Liabilities, net	-63	47	-11	38	-30	6.07	17	24	-34	39	4.68
Net Cash From Investing Activities	-61	-99	-84	-152	-76	-57	-78	-53	-100	-48	-54
Net Cash From Continuing Investing Activities	-61	-99	-84	-152	-76	-57	-78	-53	-100	-48	-54
Purchase of Property, Plant & Equipment	-58	-99	-84	-101	-74	-57	-78	-53	-98	-48	-52
Purchase of Investments	-4.18	-	-	-53	-4.33	-1.46	-	-	-3.31	-	-
Sale of Property, Plant & Equipment	1.28	2.17	1.56	2.63	2.50	1.48	1.78	1.94	1.03	0.54	0.96
Net Cash From Financing Activities	12	-16	34	-6.85	12	12	-17	-29	30	-7.81	-48
Net Cash From Continuing Financing Activities	12	-16	34	-6.85	12	12	-17	-29	30	-7.81	-48
Repayment of Debt	-13	3.46	-14	-0.09	-1.52	-43	1.30	-11	51	92	-30
Payment of Dividends	-22	-20	-20	-20	-20	-18	-18	-18	-18	-17	-17
Issuance of Debt	50	-	69	13	39	73	-	-	0.00	-83	-
Other Financing Activities, net	-3.13	-	-0.70	0.00	-5.75	-	-	-	-3.09	-	-

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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	3,652	3,243	2,902	2,755	2,578	2,274	2,053	2,004	1,912	1,819
Total Current Assets	630	570	453	369	235	255	241	239	208	207
Cash & Equivalents	295	230	119	1.54	1.16	21	0.86	16	0.00	0.00
Accounts Receivable	146	157	144	175	114	108	109	99	94	90
Inventories, net	149	150	146	148	92	98	106	88	84	85
Other Current Assets	41	33	43	44	28	28	23	35	29	27
Plant, Property, & Equipment, net	2,692	2,418	2,213	2,125	0.00	1,754	1,581	1,540	1,477	1,388
Total Noncurrent Assets	330	254	236	261	2,344	265	230	226	227	224
Long-Term Investments	121	63	55	57	52	45	8.96	8.63	8.42	8.28
Goodwill	38	38	38	38	38	38	38	38	38	40
Intangible Assets	5.74	6.84	7.94	9.04	10	11	12	14	15	16
Other Noncurrent Operating Assets	165	147	136	158	195	171	171	166	166	160
Total Liabilities & Shareholders' Equity	3,652	3,243	2,902	2,755	2,578	2,274	2,053	2,004	1,912	1,819
Total Liabilities	1,984	1,800	1,684	1,764	1,707	1,492	1,322	1,304	1,242	1,214
Total Current Liabilities	310	310	238	388	437	190	170	257	216	271
Short-Term Debt	70	81	8.20	121	221	6.18	19	113	76	133
Accounts Payable	114	94	104	135	121	121	96	85	89	89
Current Employee Benefit Liabilities	34	38	32	32	27	23	25	22	17	16
Other Taxes Payable	17	27	19	19	19	18	17	17	16	-
Other Current Liabilities	75	69	73	81	49	23	13	21	15	15
Total Noncurrent Liabilities	1,674	1,490	1,447	1,376	1,271	1,302	1,152	1,047	1,027	943
Long-Term Debt	944	824	824	734	624	690	590	490	505	444
Asset Retirement Reserve & Litigation Obligation	289	277	244	234	234	240	226	233	82	77
Noncurrent Deferred & Payable Income Tax Liabilities	283	252	237	205	171	151	141	122	249	232
Noncurrent Employee Benefit Liabilities	60	61	80	140	181	170	170	179	160	154
Other Noncurrent Operating Liabilities	98	76	61	63	60	52	24	23	22	24
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	1,668	1,443	1,217	991	871	781	729	697	670	605
Total Preferred & Common Equity	1,668	1,443	1,217	991	871	781	729	697	670	605
Total Common Equity	1,668	1,443	1,217	991	871	781	729	697	670	605
Common Stock	638	636	631	628	622	566	543	541	534	483
Retained Earnings	1,030	806	585	370	258	222	190	161	139	126
Accumulated Other Comprehensive Income / (Loss)	0.53	1.15	0.92	-6.52	-8.51	-6.44	-4.14	-5.63	-3.80	-3.90

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	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	3,697	3,567	3,461	3,326	3,187	3,094	2,987	2,898
Total Current Assets	651	650	614	608	557	524	454	460
Cash & Equivalents	285	280	231	238	189	151	104	73
Accounts Receivable	184	186	192	196	193	195	175	194
Inventories, net	148	153	162	148	142	144	145	146
Other Current Assets	35	31	30	26	32	34	30	47
Plant, Property, & Equipment, net	2,709	2,605	2,539	2,459	2,387	2,316	2,289	2,187
Total Noncurrent Assets	336	312	308	259	243	254	244	251
Long-Term Investments	125	121	117	66	59	60	58	53
Goodwill	38	38	38	38	38	38	38	38
Intangible Assets	5.47	6.02	6.29	6.57	7.12	7.39	7.67	8.22
Other Noncurrent Operating Assets	168	147	147	149	139	149	140	152
Total Liabilities & Shareholders' Equity	3,697	3,567	3,461	3,326	3,187	3,094	2,987	2,898
Total Liabilities	1,979	1,933	1,895	1,829	1,785	1,766	1,724	1,714
Total Current Liabilities	248	300	271	208	310	301	262	242
Short-Term Debt	59	67	13	0.00	51	50	61	0.00
Accounts Payable	81	89	127	92	103	105	94	122
Current Employee Benefit Liabilities	24	31	26	22	32	26	20	27
Other Taxes Payable	20	29	21	26	50	32	23	26
Other Current Liabilities	65	83	85	68	73	46	65	67
Total Noncurrent Liabilities	1,731	1,634	1,624	1,620	1,475	641	1,461	1,472
Long-Term Debt	994	944	944	944	824	824	824	824
Asset Retirement Reserve & Litigation Obligation	291	283	275	277	276	246	245	241
Noncurrent Deferred & Payable Income Tax Liabilities	286	266	264	262	250	247	246	229
Noncurrent Employee Benefit Liabilities	59	60	61	60	59	81	81	118
Other Noncurrent Operating Liabilities	101	81	81	78	65	67	65	61
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,717	1,633	1,566	1,497	1,403	1,328	1,264	1,184
Total Preferred & Common Equity	1,717	1,633	1,566	1,497	1,403	1,328	1,264	1,184
Total Common Equity	1,717	1,633	1,566	1,497	1,403	1,328	1,264	1,184
Common Stock	641	637	636	635	635	634	633	631
Retained Earnings	1,076	994	929	861	767	693	629	560
Accumulated Other Comprehensive Income / (Loss)	0.73	1.98	0.76	1.06	1.17	0.88	0.97	-6.98

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

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

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.80%	-3.56%	-5.59%	1.37%	2.36%	4.28%	-6.72%	-15.58%	-9.56%	-9.55%	21.36%
EBITDA Growth	-6.07%	-2.46%	-5.35%	6.22%	17.27%	28.24%	8.47%	-5.91%	-10.70%	-14.06%	42.91%
EBIT Growth	-11.15%	-6.09%	-8.38%	5.43%	19.71%	34.92%	8.55%	-7.61%	-13.57%	-18.00%	56.22%
NOPAT Growth	-4.51%	-0.88%	-7.54%	5.26%	15.20%	25.17%	4.16%	-8.33%	-15.77%	-20.48%	50.52%
Net Income Growth	-8.39%	-5.05%	-7.06%	6.13%	18.98%	37.52%	9.18%	-4.62%	-13.22%	-18.62%	59.68%
EPS Growth	-8.47%	-5.11%	-7.31%	6.15%	18.79%	37.00%	8.96%	-4.88%	-13.37%	-18.70%	59.52%
Operating Cash Flow Growth	-45.12%	51.10%	-25.88%	17.53%	29.45%	-15.13%	19.28%	-0.98%	22.32%	32.48%	30.36%
Free Cash Flow Firm Growth	-103.30%	-25.41%	-137.27%	45.96%	-5.10%	-196.85%	-64.40%	-720.35%	-78.71%	98.07%	62.77%
Invested Capital Growth	10.44%	10.24%	10.50%	6.91%	7.57%	9.60%	7.87%	9.66%	7.39%	4.91%	7.03%
Revenue Q/Q Growth	11.30%	-10.33%	-1.26%	-1.36%	10.42%	-12.22%	6.02%	-0.40%	12.50%	-21.48%	-4.05%
EBITDA Q/Q Growth	16.51%	-28.97%	-1.41%	12.92%	20.69%	-31.07%	10.64%	24.67%	34.89%	-41.70%	-4.03%
EBIT Q/Q Growth	20.19%	-36.19%	-2.09%	15.48%	26.46%	-37.75%	12.66%	31.14%	46.69%	-49.91%	-4.11%
NOPAT Q/Q Growth	25.76%	-34.08%	-1.59%	17.05%	30.54%	-38.51%	12.03%	28.10%	41.83%	-48.83%	-1.40%
Net Income Q/Q Growth	24.16%	-35.83%	-1.74%	17.03%	28.69%	-37.19%	12.21%	31.19%	48.75%	-50.14%	-1.98%
EPS Q/Q Growth	24.62%	-35.96%	-1.93%	16.95%	29.20%	-37.44%	12.31%	30.87%	49.00%	-50.25%	-1.95%
Operating Cash Flow Q/Q Growth	-69.63%	30.85%	-34.47%	110.74%	-16.38%	-35.82%	3.92%	132.11%	-45.18%	-9.80%	-13.72%
Free Cash Flow Firm Q/Q Growth	1.54%	-21.98%	-145.81%	31.14%	39.26%	-130.79%	44.02%	-33.93%	-71.55%	-27.82%	-179.34%
Invested Capital Q/Q Growth	4.14%	1.03%	3.16%	1.76%	3.95%	1.27%	-0.20%	2.39%	5.91%	-0.34%	1.46%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	41.17%	45.67%	50.92%	50.14%	46.63%	42.79%	51.76%	49.25%	41.09%	45.26%	41.63%
EBITDA Margin	34.93%	33.37%	42.12%	42.19%	36.85%	32.99%	42.01%	40.26%	32.16%	26.82%	36.13%
Operating Margin	24.90%	22.05%	31.81%	32.40%	27.37%	22.30%	33.83%	31.40%	23.79%	18.23%	30.25%
EBIT Margin	26.22%	24.28%	34.12%	34.41%	29.39%	24.93%	35.16%	33.08%	25.13%	19.27%	30.21%
Profit (Net Income) Margin	20.19%	18.10%	25.29%	25.41%	21.42%	18.38%	25.69%	24.27%	18.43%	13.94%	21.95%
Tax Burden Percent	87.10%	87.06%	82.07%	80.86%	80.67%	83.75%	78.81%	80.34%	82.45%	85.35%	78.91%
Interest Burden Percent	88.39%	85.61%	90.31%	91.34%	90.34%	88.02%	92.71%	91.32%	88.95%	84.73%	92.06%
Effective Tax Rate	12.90%	12.94%	17.93%	19.14%	19.33%	16.25%	21.19%	19.66%	17.55%	14.65%	21.09%
Return on Invested Capital (ROIC)	12.74%	11.82%	16.40%	16.96%	14.53%	12.82%	18.21%	17.67%	14.57%	12.40%	19.57%
ROIC Less NNEP Spread (ROIC-NNEP)	11.95%	11.27%	15.95%	16.55%	14.20%	12.67%	17.69%	17.23%	14.04%	11.73%	18.59%
Return on Net Nonoperating Assets (RNNOA)	4.76%	4.38%	6.50%	7.51%	7.00%	6.05%	9.06%	10.17%	9.26%	7.73%	13.08%
Return on Equity (ROE)	17.51%	16.20%	22.89%	24.47%	21.54%	18.87%	27.27%	27.84%	23.83%	20.13%	32.65%
Cash Return on Invested Capital (CROIC)	3.83%	4.73%	4.69%	8.56%	8.04%	6.40%	7.45%	5.71%	8.41%	12.15%	10.92%
Operating Return on Assets (OROA)	9.86%	9.37%	13.56%	14.30%	12.63%	10.95%	15.44%	15.10%	12.39%	9.95%	16.07%
Return on Assets (ROA)	7.59%	6.98%	10.05%	10.56%	9.21%	8.07%	11.28%	11.08%	9.08%	7.20%	11.67%
Return on Common Equity (ROCE)	17.51%	16.20%	22.89%	24.47%	21.54%	18.87%	27.27%	27.84%	23.83%	20.13%	32.65%
Return on Equity Simple (ROE_SIMPLE)	17.20%	0.00%	18.65%	19.87%	20.44%	0.00%	19.85%	20.38%	21.73%	0.00%	24.81%
Net Operating Profit after Tax (NOPAT)	73	58	88	90	77	59	95	85	67	47	92
NOPAT Margin	21.69%	19.19%	26.11%	26.20%	22.08%	18.67%	26.66%	25.23%	19.61%	15.56%	23.87%
Net Nonoperating Expense Percent (NNEP)	0.79%	0.55%	0.45%	0.41%	0.34%	0.15%	0.53%	0.45%	0.53%	0.67%	0.98%
Return On Investment Capital (ROIC_SIMPLE)	2.64%	2.17%	-	-	-	2.50%	-	-	-	2.29%	-
Cost of Revenue to Revenue	58.83%	54.33%	49.08%	49.86%	53.37%	57.21%	48.24%	50.75%	58.91%	54.74%	58.37%
SG&A Expenses to Revenue	6.31%	7.97%	5.57%	5.30%	5.45%	6.75%	4.43%	5.00%	5.51%	6.22%	4.30%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.27%	23.63%	19.10%	17.74%	19.27%	20.50%	17.93%	17.85%	17.30%	27.03%	11.38%
Earnings before Interest and Taxes (EBIT)	88	74	115	118	102	78	126	112	85	58	116
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	118	101	142	144	128	104	150	136	109	81	139
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.96	1.84	2.00	2.33	2.38	2.39	2.21	2.42	2.31	1.91	2.07
Price to Tangible Book Value (P/TBV)	2.01	1.89	2.06	2.39	2.45	2.46	2.28	2.50	2.39	1.98	2.15
Price to Revenue (P/Rev)	2.55	2.31	2.44	2.68	2.63	2.55	2.32	2.36	2.05	1.59	1.64
Price to Earnings (P/E)	11.38	10.17	10.73	11.71	11.65	11.71	11.13	11.85	10.61	8.17	8.32
Dividend Yield	2.40%	2.55%	2.35%	2.08%	2.08%	2.12%	2.32%	2.21%	2.39%	2.96%	2.77%
Earnings Yield	8.79%	9.83%	9.32%	8.54%	8.58%	8.54%	8.98%	8.44%	9.42%	12.24%	12.01%
Enterprise Value to Invested Capital (EV/IC)	1.70	1.62	1.73	1.96	1.97	1.97	1.84	1.90	1.83	1.59	1.67
Enterprise Value to Revenue (EV/Rev)	3.03	2.76	2.89	3.12	3.10	3.01	2.79	2.84	2.55	2.04	2.11
Enterprise Value to EBITDA (EV/EBITDA)	7.88	7.11	7.48	8.08	8.12	8.13	7.82	8.34	7.69	6.13	6.29
Enterprise Value to EBIT (EV/EBIT)	10.07	8.97	9.38	10.03	10.06	10.12	9.78	10.44	9.57	7.57	7.74
Enterprise Value to NOPAT (EV/NOPAT)	12.95	11.73	12.38	13.27	13.31	13.27	12.68	13.34	12.21	9.60	9.75
Enterprise Value to Operating Cash Flow (EV/OCF)	9.53	8.10	9.49	9.59	9.99	10.03	8.88	9.72	9.11	7.66	8.62
Enterprise Value to Free Cash Flow (EV/FCFF)	46.54	35.86	38.71	23.62	25.39	32.27	25.56	34.88	22.55	13.39	15.82
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.61	0.61	0.62	0.61	0.63	0.63	0.62	0.66	0.70	0.68	0.70
Long-Term Debt to Equity	0.58	0.57	0.58	0.60	0.63	0.57	0.59	0.62	0.65	0.68	0.70
Financial Leverage	0.40	0.39	0.41	0.45	0.49	0.48	0.51	0.59	0.66	0.66	0.70
Leverage Ratio	2.18	2.22	2.22	2.26	2.29	2.31	2.35	2.44	2.50	2.56	2.63
Compound Leverage Factor	1.93	1.90	2.01	2.07	2.07	2.03	2.18	2.23	2.22	2.17	2.42
Debt to Total Capital	38.00%	37.79%	38.23%	37.92%	38.65%	38.56%	38.43%	39.69%	41.18%	40.60%	41.03%
Short-Term Debt to Total Capital	2.12%	2.60%	2.55%	0.51%	0.00%	3.47%	2.26%	2.28%	2.83%	0.40%	0.00%
Long-Term Debt to Total Capital	35.87%	35.19%	35.69%	37.41%	38.65%	35.09%	36.17%	37.41%	38.35%	40.20%	41.03%
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%	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%	0.00%
Common Equity to Total Capital	62.00%	62.21%	61.77%	62.08%	61.35%	61.44%	61.57%	60.31%	58.82%	59.40%	58.97%
Debt to EBITDA	2.07	1.96	1.95	1.82	1.82	1.81	1.84	1.88	1.87	1.71	1.65
Net Debt to EBITDA	1.26	1.16	1.18	1.16	1.23	1.23	1.32	1.43	1.53	1.35	1.40
Long-Term Debt to EBITDA	1.95	1.83	1.82	1.79	1.82	1.65	1.73	1.77	1.74	1.69	1.65
Debt to NOPAT	3.40	3.24	3.23	2.98	2.99	2.96	2.98	3.01	2.97	2.68	2.56
Net Debt to NOPAT	2.08	1.91	1.95	1.90	2.02	2.00	2.13	2.29	2.43	2.12	2.16
Long-Term Debt to NOPAT	3.21	3.02	3.01	2.94	2.99	2.69	2.80	2.84	2.77	2.65	2.56
Altman Z-Score	1.99	1.86	2.01	2.15	2.19	2.09	2.02	2.05	1.96	1.77	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%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.62	2.03	2.17	2.27	2.92	1.84	1.80	1.74	1.73	1.91	1.90
Quick Ratio	1.89	1.42	1.56	1.56	2.08	1.25	1.23	1.15	1.07	1.11	1.10
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-150	-152	-125	-51	-74	-121	-53	-94	-70	-41	-32
Operating Cash Flow to CapEx	69.57%	134.34%	120.14%	153.30%	100.51%	154.11%	175.03%	250.50%	57.23%	213.95%	218.26%
Free Cash Flow to Firm to Interest Expense	-12.98	-14.38	-11.17	-4.98	-7.49	-12.93	-5.73	-9.69	-7.45	-4.64	-3.46
Operating Cash Flow to Interest Expense	3.42	12.27	8.89	14.85	7.30	9.16	14.60	13.30	5.90	11.49	12.13
Operating Cash Flow Less CapEx to Interest Expense	-1.49	3.14	1.49	5.16	0.04	3.22	6.26	7.99	-4.41	6.12	6.57
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.39	0.40	0.42	0.43	0.44	0.44	0.46	0.49	0.52	0.53
Accounts Receivable Turnover	6.96	8.78	7.07	7.04	7.31	8.95	6.91	6.47	7.22	9.15	8.01
Inventory Turnover	4.61	4.60	4.75	4.63	4.84	4.90	4.92	5.22	5.56	5.60	6.24
Fixed Asset Turnover	0.51	0.52	0.54	0.56	0.57	0.58	0.58	0.61	0.64	0.67	0.70
Accounts Payable Turnover	7.89	6.60	7.31	6.12	7.64	7.28	6.30	6.39	7.60	6.89	6.33
Days Sales Outstanding (DSO)	52.47	41.57	51.61	51.85	49.91	40.79	52.85	56.38	50.52	39.91	45.57
Days Inventory Outstanding (DIO)	79.17	79.38	76.79	78.88	75.39	74.56	74.25	69.96	65.66	65.17	58.45
Days Payable Outstanding (DPO)	46.27	55.30	49.94	59.66	47.79	50.14	57.96	57.13	48.02	53.00	57.66
Cash Conversion Cycle (CCC)	85.37	65.66	78.46	71.08	77.51	65.21	69.14	69.21	68.16	52.07	46.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,360	2,266	2,243	2,174	2,137	2,056	2,030	2,034	1,986	1,876	1,882
Invested Capital Turnover	0.59	0.62	0.63	0.65	0.66	0.69	0.68	0.70	0.74	0.80	0.82
Increase / (Decrease) in Invested Capital	223	210	213	140	150	180	148	179	137	88	124
Enterprise Value (EV)	4,004	3,666	3,879	4,252	4,206	4,059	3,727	3,872	3,637	2,981	3,143
Market Capitalization	3,362	3,068	3,269	3,643	3,566	3,446	3,100	3,208	2,915	2,322	2,446
Book Value per Share	$41.06	$39.89	$39.05	$37.44	$35.89	$34.60	$33.63	$31.85	$30.36	$29.24	$28.44
Tangible Book Value per Share	$40.03	$38.85	$38.01	$36.39	$34.83	$33.53	$32.56	$30.77	$29.27	$28.15	$27.34
Total Capital	2,770	2,682	2,644	2,522	2,441	2,348	2,278	2,203	2,149	2,049	2,008
Total Debt	1,052	1,013	1,011	956	944	905	875	874	885	832	824
Total Long-Term Debt	994	944	944	944	944	824	824	824	824	824	824
Net Debt	642	598	610	609	639	613	627	664	723	658	698
Capital Expenditures (CapEx)	57	97	83	99	72	56	77	51	97	47	51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	177	95	138	125	161	111	109	123	149	104	146
Debt-free Net Working Capital (DFNWC)	462	390	418	356	399	342	298	274	253	223	219
Net Working Capital (NWC)	403	320	351	343	399	260	247	224	192	215	219
Net Nonoperating Expense (NNE)	5.06	3.33	2.78	2.69	2.28	0.93	3.48	3.23	4.03	4.89	7.40
Net Nonoperating Obligations (NNO)	642	598	610	609	639	613	627	705	723	658	698
Total Depreciation and Amortization (D&A)	29	28	27	27	26	25	25	24	24	23	23
Debt-free, Cash-free Net Working Capital to Revenue	13.39%	7.16%	10.29%	9.20%	11.89%	8.26%	8.16%	9.04%	10.44%	7.14%	9.76%
Debt-free Net Working Capital to Revenue	34.96%	29.30%	31.16%	26.14%	29.43%	25.34%	22.32%	20.10%	17.74%	15.29%	14.65%
Net Working Capital to Revenue	30.50%	24.07%	26.14%	25.20%	29.43%	19.30%	18.46%	16.41%	13.47%	14.73%	14.65%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.63	$1.32	$2.04	$2.08	$1.78	$1.38	$2.21	$1.97	$1.50	$1.01	$2.02
Adjusted Weighted Average Basic Shares Outstanding	41.83M	41.78M	41.80M	41.78M	41.72M	41.67M	41.68M	41.68M	41.63M	41.59M	41.60M
Adjusted Diluted Earnings per Share	$1.62	$1.30	$2.03	$2.07	$1.77	$1.37	$2.19	$1.95	$1.49	$1.00	$2.01
Adjusted Weighted Average Diluted Shares Outstanding	42.06M	42.07M	42.08M	42.07M	42.03M	42.04M	42.06M	42.05M	41.98M	41.93M	41.97M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	41.90M	41.83M	41.83M	41.83M	41.81M	41.71M	41.71M	41.71M	41.71M	41.63M	41.63M
Normalized Net Operating Profit after Tax (NOPAT)	73	58	88	90	77	59	95	85	67	47	92
Normalized NOPAT Margin	21.69%	19.19%	26.11%	26.20%	22.08%	18.67%	26.66%	25.23%	19.61%	15.56%	23.87%
Pre Tax Income Margin	23.18%	20.79%	30.81%	31.43%	26.55%	21.94%	32.59%	30.21%	22.35%	16.33%	27.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.66	6.95	10.32	11.55	10.35	8.34	13.72	11.52	9.05	6.59	12.52
NOPAT to Interest Expense	6.33	5.49	7.90	8.79	7.78	6.25	10.40	8.79	7.06	5.32	9.90
EBIT Less CapEx to Interest Expense	2.75	-2.19	2.92	1.86	3.09	2.40	5.38	6.21	-1.26	1.22	6.96
NOPAT Less CapEx to Interest Expense	1.42	-3.64	0.50	-0.90	0.52	0.31	2.06	3.48	-3.25	-0.05	4.34
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	27.32%	25.94%	25.27%	24.32%	24.30%	24.83%	25.85%	26.19%	25.42%	24.19%	23.07%
Augmented Payout Ratio	27.32%	25.94%	25.27%	24.32%	24.30%	24.83%	25.85%	26.19%	25.42%	24.19%	23.07%

Frequently Asked Questions About Otter Tail's Financials

When does Otter Tail's financial year end?

According to the most recent income statement we have on file, Otter Tail's fiscal year ends in December. Their fiscal 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. Check out Otter Tail's forecast to explore projected trends and price targets.

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%.

Related Companies

This page (NASDAQ:OTTR) was last updated on 5/22/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Otter Tail (OTTR) Financials

Frequently Asked Questions About Otter Tail's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Otter Tail (OTTR) Financials

Annual Income Statements for Otter Tail

Quarterly Income Statements for Otter Tail

Annual Cash Flow Statements for Otter Tail

Quarterly Cash Flow Statements for Otter Tail

Annual Balance Sheets for Otter Tail

Quarterly Balance Sheets for Otter Tail

Annual Metrics And Ratios for Otter Tail

Quarterly Metrics And Ratios for Otter Tail

Frequently Asked Questions About Otter Tail's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools