OTTR · Otter Tail Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $347.03M | - | $325.89M | $333.04M | $347.07M | - | $338.03M | $342.40M | $347.24M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $21.77M | - | $17.79M | $17.35M | $21.29M | - | $18.83M | $18.15M | $18.91M | - |
| Total Operating Expenses | $261.79M | - | $228.96M | $235.59M | $253.35M | - | $230.49M | $231.43M | $252.09M | - |
| D&A | $29.98M | - | $29.55M | $29.45M | $29.38M | - | $27.05M | $26.63M | $25.90M | - |
| Operating Income | $85.24M | - | $96.61M | $97.46M | $84.00M | - | $107.54M | $110.91M | $94.97M | - |
| Interest Expense | $12.64M | - | $11.79M | $11.72M | $9.85M | - | $9.18M | $10.20M | $9.85M | - |
| Income Tax | $4.88M | - | $12.82M | $13.65M | $10.09M | - | $18.68M | $20.59M | $17.81M | - |
| Net Income | $72.61M | - | $78.29M | $77.73M | $68.10M | - | $85.48M | $87.00M | $74.34M | - |
| EPS - Basic | $1.73 | - | $1.87 | $1.86 | $1.63 | - | $2.04 | $2.08 | $1.78 | - |
| EPS - Diluted | $1.73 | - | $1.86 | $1.85 | $1.62 | - | $2.03 | $2.07 | $1.77 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $348.35M | $386.19M | $325.79M | $307.24M | $284.81M | $294.65M | $280.02M | $230.67M | $238.16M | $230.37M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $157.06M | $158.60M | $155.76M | $151.56M | $147.69M | $148.88M | $153.23M | $161.79M | $148.19M | $149.70M |
| Accounts Payable | $132.82M | $93.61M | $95.44M | $98.23M | $80.76M | $113.57M | $88.89M | $126.93M | $92.17M | $94.43M |
| Current Assets | $798.96M | $799.73M | $737.24M | $674.41M | $651.27M | $630.04M | $650.31M | $614.13M | $607.94M | $570.17M |
| Total Assets | $4.15B | $3.96B | $3.84B | $3.77B | $3.70B | $3.65B | $3.57B | $3.46B | $3.33B | $3.24B |
| Current Liabilities | $391.88M | $350.96M | $206.36M | $203.48M | $248.42M | $309.79M | $299.59M | $270.95M | $208.47M | $309.76M |
| Long-term Debt | $1.06B | $963.57M | $1.04B | $1.04B | $993.51M | $943.73M | $943.66M | $943.59M | $943.54M | $824.06M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.91B | $1.86B | $1.83B | $1.77B | $1.72B | $1.67B | $1.63B | $1.57B | $1.50B | $1.44B |
| Retained Earnings | $1.27B | $1.22B | $1.19B | $1.13B | $1.08B | $1.03B | $994.46M | $928.55M | $861.13M | $806.34M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $70.61M | - | - | - | $39.47M | - | - | - | $71.91M | - |
| Investing Cash Flow | ($187.01M) | - | - | - | ($60.91M) | - | - | - | ($75.88M) | - |
| Financing Cash Flow | $78.56M | - | - | - | $11.61M | - | - | - | $11.75M | - |
| CapEx | $185.28M | - | - | - | $58.01M | - | - | - | $74.04M | - |
| Free Cash Flow | ($114.67M) | - | - | - | ($18.54M) | - | - | - | ($2.13M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 24.6% | - | 29.6% | 29.3% | 24.2% | - | 31.8% | 32.4% | 27.4% | - |
| EBITDA margin | 33.2% | - | 38.7% | 38.1% | 32.7% | - | 39.8% | 40.2% | 34.8% | - |
| Net margin | 20.9% | - | 24.0% | 23.3% | 19.6% | - | 25.3% | 25.4% | 21.4% | - |
| Free cash flow margin | -33.0% | - | - | - | -5.3% | - | - | - | -0.6% | - |
| FCF / Net income | -1.58 | - | - | - | -0.27 | - | - | - | -0.03 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6.3% | - | 5.5% | 5.2% | 6.1% | - | 5.6% | 5.3% | 5.4% | - |
| Effective tax rate | 6.3% | - | 14.1% | 14.9% | 12.9% | - | 17.9% | 19.1% | 19.3% | - |
| Return on assets | 1.7% | - | 2.0% | 2.1% | 1.8% | - | 2.4% | 2.5% | 2.2% | - |
| Return on equity | 3.8% | - | 4.3% | 4.4% | 4.0% | - | 5.2% | 5.6% | 5.0% | - |
| Return on invested capital | 2.7% | - | 2.9% | 2.9% | 2.7% | - | 3.4% | 3.6% | 3.1% | - |
| Liquidity | ||||||||||
| Current ratio | 2.04 | 2.28 | 3.57 | 3.31 | 2.62 | 2.03 | 2.17 | 2.27 | 2.92 | 1.84 |
| Quick ratio | 1.64 | 1.83 | 2.82 | 2.57 | 2.03 | 1.55 | 1.66 | 1.67 | 2.21 | 1.36 |
| Cash ratio | 0.89 | 1.10 | 1.58 | 1.51 | 1.15 | 0.95 | 0.93 | 0.85 | 1.14 | 0.74 |
| Leverage | ||||||||||
| Debt / Equity | 0.56 | 0.52 | 0.57 | 0.59 | 0.58 | 0.57 | 0.58 | 0.60 | 0.63 | 0.57 |
| Debt / Assets | 0.26 | 0.24 | 0.27 | 0.28 | 0.27 | 0.26 | 0.26 | 0.27 | 0.28 | 0.25 |
| Debt / EBITDA | 9.23 | - | 8.27 | 8.22 | 8.76 | - | 7.01 | 6.86 | 7.81 | - |
| Interest coverage | 6.7x | - | 8.2x | 8.3x | 8.5x | - | 11.7x | 10.9x | 9.6x | - |
| Equity multiplier | 2.18 | 2.13 | 2.10 | 2.12 | 2.15 | 2.19 | 2.18 | 2.21 | 2.22 | 2.25 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.08 | 0.09 | 0.09 | - | 0.09 | 0.10 | 0.10 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 50.7x | - | 44.1x | 41.7x | 49.6x | - | 38.5x | 42.3x | 48.8x | - |
| P / B | 1.9x | - | 1.9x | 1.8x | 2.0x | - | 2.0x | 2.4x | 2.4x | - |
| P / S | 10.6x | - | 10.6x | 9.7x | 9.7x | - | 9.7x | 10.8x | 10.5x | - |
| EV / EBITDA | 38.3x | - | 33.1x | 31.4x | 36.1x | - | 29.4x | 32.0x | 35.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -0.0% | - | -3.6% | -2.7% | -0.0% | - | -5.6% | 1.4% | 2.4% | - |
| Revenue CAGR (3y) | 0.8% | - | -5.3% | -5.9% | -2.5% | - | 2.2% | 6.2% | 13.9% | - |
| Revenue CAGR (5y) | 8.1% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 1.5% | - | -10.2% | -12.1% | -11.6% | - | -11.2% | 4.6% | 17.7% | - |
| Net income growth (YoY) | 6.6% | - | -8.4% | -10.7% | -8.4% | - | -7.1% | 6.1% | 19.0% | - |
| EPS growth (YoY) | 6.8% | - | -8.4% | -10.6% | -8.5% | - | -7.3% | 6.2% | 18.8% | - |
| EPS CAGR (3y) | 5.1% | - | -2.6% | -3.4% | -2.0% | - | 17.2% | 27.0% | 34.3% | - |
| EPS CAGR (5y) | 18.8% | - | 16.4% | 34.5% | 22.0% | - | 26.8% | 39.6% | 21.8% | - |
| FCF growth (YoY) | -518.4% | - | - | - | -770.2% | - | - | - | 95.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 11.1% | 11.6% | 12.1% | 13.3% | 14.7% | 15.6% | 16.4% | 17.9% | 18.5% | 18.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.30B totalElectric$566.76M · 43.5%
Plastics$422.75M · 32.4%
Manufacturing$314.55M · 24.1%
Product / service
$2.67B totalProduct Sales$737.30M · 27.6%
Electric$566.76M · 21.2%
Electronic Product Retail$484.02M · 18.1%
Retail Commercial And Industrial$335.14M · 12.6%
Metal Parts$274.27M · 10.3%
Retail Residential$140.78M · 5.3%
Electric Transmission$54.66M · 2.0%
Plastic Products$33.46M · 1.3%
Wholesale$21.12M · 0.8%
Retail Other$8.09M · 0.3%
Electric Product Other$6.96M · 0.3%
Scrap Metal$6.82M · 0.3%
Peer comparison
Same SIC group: Electric Services
Comparing Otter Tail Corp against the 5 most active filers in the same SIC group.
Dividends
$2.21/share trailing 12 months · +11.1% YoY
| Ex-date | Per share |
|---|---|
| May 15, 2026 | $0.5780 |
| Feb 13, 2026 | $0.5780 |
| Nov 14, 2025 | $0.5250 |
| Aug 15, 2025 | $0.5250 |
| May 15, 2025 | $0.5250 |
| Feb 14, 2025 | $0.5250 |
| Nov 15, 2024 | $0.4680 |
| Aug 15, 2024 | $0.4680 |
| May 14, 2024 | $0.4680 |
| Feb 14, 2024 | $0.4680 |
| Nov 14, 2023 | $0.4380 |
| Aug 14, 2023 | $0.4380 |
| May 12, 2023 | $0.4380 |
| Feb 13, 2023 | $0.4380 |
| Nov 14, 2022 | $0.4130 |
| Aug 12, 2022 | $0.4130 |
| May 12, 2022 | $0.4130 |
| Feb 14, 2022 | $0.4130 |
| Nov 12, 2021 | $0.3900 |
| Aug 12, 2021 | $0.3900 |
| May 13, 2021 | $0.3900 |
| Feb 11, 2021 | $0.3900 |
| Nov 12, 2020 | $0.3700 |
| Aug 13, 2020 | $0.3700 |