Otter Tail Corporation

Otter Tail Corporation

OTTR · NASDAQ · Industrials / Conglomerates

75.95USD+0.65 (+0.86%)

Price History

Full chart

Market Stats

Previous Close75.30
Open75.45
Day Range74.17 – 76.19
52-Week Range78.47 – 94.50
Volume402.00K
Market Cap3.84B
P/E (TTM)19.55
Forward P/E16.34
EPS4.68
Dividend Yield2.47%
Beta0.42
50-Day Avg89.41
200-Day Avg88.83

About

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment generates, purchases, transmissions, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets. This segment generates electricity through coal, fuel oil, solar, wind, and natural gas for residential, commercial, and industrial customers. Its Manufacturing segment engages in metal fabrication services for custom machine parts and metal components and manufacturing thermoformed plastic products for use in the agriculture, construction, horticulture, industrial, lawn and garden, recreational vehicle, and other end markets. These businesses have manufacturing facilities in Georgia, Illinois, and Minnesota and sell products primarily in the United States. The Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. This segment markets its products through independent sales representatives, company salespersons, and customer service representatives. Otter Tail Corporation was incorporated in 1907 and is headquartered in Fergus Falls, Minnesota.

Company Details

  • SectorIndustrials
  • IndustryConglomerates
  • CEOMr. Charles S. MacFarlane
  • Employees2.20K
  • Headquarters215 South Cascade Street, Fergus Falls, MN, United States, 56538-0496, USA
  • Websitehttps://www.ottertail.com

Leadership

  • Mr. Charles S. MacFarlaneCEO & Director · b. 1965
  • Mr. Timothy J. RogelstadPresident · b. 1967
  • Ms. Jennifer O. Smestad Esq.Senior VP, General Counsel & Corporate Secretary · b. 1971
  • Mr. Todd R. WahlundSenior Vice President · b. 1971
  • Mr. John S. AbbottSenior Vice President of Manufacturing Platform · b. 1959
  • Mr. Tyler NelsonVP & Chief Financial Officer
  • Ms. Beth EikenManager of Investor Relations
  • Ms. Stephanie A. HoffDirector of Corporate Communications
  • Mr. Paul L. KnutsonVice President of Human Resources

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue172.20M167.00M178.20M172.80M172.50M179.70M209.50M265.20M287.50M328.60M361.70M394.30M431.10M464.50M559.45M654.13M710.12M753.24M882.32M1.05B1.10B1.24B1.31B1.04B1.12B1.08B859.24M893.31M799.26M779.80M803.54M849.35M916.45M919.50M890.11M1.20B1.46B1.35B1.33B1.30B
Growth (%)--3.02%+6.71%-3.03%-0.17%+4.17%+16.58%+26.59%+8.41%+14.30%+10.07%+9.01%+9.33%+7.75%+20.44%+16.93%+8.56%+6.07%+17.14%+18.60%+5.59%+12.12%+5.84%-20.72%+7.65%-3.68%-20.28%+3.97%-10.53%-2.43%+3.04%+5.70%+7.90%+0.33%-3.20%+34.46%+22.00%-7.60%-1.38%-1.99%
Cost of Revenue--------61.00M62.20M56.30M55.80M74.80M81.00M104.67M141.27M138.82M87.17M92.15M114.75M117.01M135.17M128.26M677.53M718.85M759.16M664.39M684.65M595.68M570.21M564.47M592.38M645.26M639.97M588.10M772.77M889.71M784.02M747.45M941.35M
Gross Profit172.20M167.00M178.20M172.80M172.50M179.70M209.50M265.20M226.50M266.40M305.40M338.50M356.30M383.50M454.78M512.87M571.30M666.07M790.17M931.65M987.94M1.10B1.18B361.98M400.24M318.69M194.84M208.67M203.59M209.60M239.07M256.97M271.18M279.53M302.01M424.07M570.50M565.15M583.10M362.70M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%78.78%81.07%84.43%85.85%82.65%82.56%81.29%78.40%80.45%88.43%89.56%89.03%89.41%89.09%90.22%34.82%35.76%29.57%22.68%23.36%25.47%26.88%29.75%30.26%29.59%30.40%33.93%35.43%39.07%41.89%43.82%27.81%
Operating Expense00000000170.00M206.70M247.20M279.50M299.00M316.20M382.29M435.38M489.32M594.91M715.73M834.06M890.15M1.00B1.11B316.59M365.73M266.40M112.82M111.81M104.06M100.38M127.97M130.84M141.79M144.65M154.12M174.36M180.06M187.23M202.85M17.02M
Operating Income172.20M167.00M178.20M172.80M172.50M179.70M209.50M265.20M56.50M59.70M58.20M59.00M57.30M67.30M72.49M77.48M81.98M71.16M74.44M97.59M97.80M100.77M72.99M45.39M34.51M52.29M82.03M96.85M99.53M109.21M111.10M126.13M129.39M134.88M147.89M249.71M390.44M377.92M380.25M345.68M
Operating Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%19.65%18.17%16.09%14.96%13.29%14.49%12.96%11.85%11.54%9.45%8.44%9.33%8.85%8.13%5.57%4.37%3.08%4.85%9.55%10.84%12.45%14.01%13.83%14.85%14.12%14.67%16.61%20.86%26.74%28.01%28.58%26.51%
EBITDA172.20M167.00M178.20M172.80M172.50M179.70M209.50M265.20M80.90M86.80M90.60M92.20M93.70M117.48M114.81M119.58M124.59M114.91M118.68M145.05M1.15B153.60M142.18M123.55M120.33M125.03M132.77M150.58M161.16M171.75M187.45M199.21M202.01M213.78M232.54M341.95M486.15M499.12M515.83M487.61M
EBITDA Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%28.14%26.42%25.05%23.38%21.74%25.29%20.52%18.28%17.55%15.25%13.45%13.86%104.52%12.40%10.84%11.89%10.75%11.60%15.45%16.86%20.16%22.03%23.33%23.45%22.04%23.25%26.13%28.57%33.29%36.99%38.77%37.39%
Net Income24.00M21.60M25.30M25.30M24.90M26.10M26.50M27.40M28.50M28.90M30.00M32.30M34.50M45.00M40.22M43.60M46.13M39.66M42.20M62.55M51.11M53.96M35.13M26.03M-1.34M-13.24M-5.27M50.87M57.72M59.34M62.32M72.44M82.34M86.85M95.85M176.77M284.18M294.19M301.66M275.89M
Net Income Margin13.94%12.93%14.20%14.64%14.43%14.52%12.65%10.33%9.91%8.79%8.29%8.19%8.00%9.69%7.19%6.67%6.50%5.26%4.78%5.98%4.63%4.36%2.68%2.50%-0.12%-1.23%-0.61%5.69%7.22%7.61%7.76%8.53%8.99%9.44%10.77%14.77%19.46%21.81%22.67%21.16%
R&D------------------------000000000-------
R&D as % of Total Revenue------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense000000000000000000000026.96M28.51M37.03M35.82M31.91M26.98M29.65M31.16M31.89M29.60M30.41M31.41M34.45M37.77M36.02M37.68M41.81M47.23M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.06%2.74%3.31%3.32%3.71%3.02%3.71%4.00%3.97%3.49%3.32%3.42%3.87%3.16%2.47%2.79%3.14%3.62%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--------579.00M609.20M662.30M655.40M655.60M680.80M722.12M782.54M878.74M986.42M1.13B1.18B1.26B1.45B1.69B1.75B1.77B1.70B1.60B1.57B1.79B1.82B1.91B2.00B2.05B2.27B2.58B2.75B2.90B3.24B3.65B3.96B
Total Liabilities--------363.60M386.20M430.30M406.40M391.70M401.60M429.24M487.73M549.77M637.04M689.44M700.31M751.13M916.61M1.00B1.07B1.14B1.13B1.06B1.04B1.22B1.22B1.24B1.31B1.32B1.49B1.71B1.76B1.68B1.80B1.98B2.10B
Total Equity--------215.40M223.00M232.00M249.00M263.90M279.20M292.88M294.81M328.96M349.39M444.71M481.19M507.52M538.15M691.52M688.22M631.86M571.45M537.47M534.83M572.77M605.02M670.10M696.89M728.86M781.48M870.97M990.78M1.22B1.44B1.67B1.86B
Cash--------1.90M1.90M1.20M5.30M3.90M24.80M1.26M11.38M9.94M7.30M-5.43M6.79M39.82M7.57M4.43M105.02M14.65M52.36M1.15M0131.54M6.22M16.22M861.00K21.20M1.16M1.54M119.00M230.37M294.65M386.19M
Total Debt--------173.80M182.00M228.20M204.40M187.60M182.30M201.76M256.31M295.92M304.91M309.65M277.60M297.46M440.70M478.39M502.81M515.54M474.95M421.86M440.97M509.54M579.16M581.42M602.94M608.77M718.09M845.52M855.16M832.02M905.48M1.01B1.10B
Net Debt--------171.90M180.10M227.00M199.10M183.70M157.50M200.50M244.93M285.98M297.61M309.65M272.17M290.67M400.87M470.82M498.38M410.52M460.30M369.49M439.82M509.54M447.62M575.21M586.72M607.91M696.89M844.35M853.62M713.03M675.11M718.70M717.57M

Cash Flow

Currency: USD1994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow51.80M58.10M67.10M69.40M64.00M78.30M60.28M77.53M76.80M76.95M59.92M95.80M80.25M84.81M111.32M162.75M105.02M104.38M233.55M148.08M112.47M117.54M163.39M173.58M143.45M185.04M211.92M231.24M389.31M404.50M452.73M385.99M
Investing Cash Flow-29.70M-29.20M-77.70M-20.90M-28.90M-22.70M-76.61M-61.13M-79.66M-60.41M-119.12M-28.04M-65.58M-163.99M-299.38M-147.74M-85.17M5.42M-83.58M-149.20M-164.50M-155.97M-159.32M-132.59M-107.42M-209.47M-375.65M-171.51M-175.07M-289.29M-411.37M-290.72M
Financing Cash Flow-24.10M-28.90M9.90M-45.40M-36.50M-34.80M-7.18M-6.28M1.42M-19.18M52.68M-61.99M-13.35M113.21M154.64M-17.09M-23.72M-95.50M-112.36M-49.02M50.86M38.43M-4.06M-24.77M-51.38M44.77M143.69M-59.36M-96.78M-3.83M22.92M-3.72M
Capital Expenditure30.70M42.90M74.00M42.00M30.70M32.70M44.03M53.60M75.53M50.73M49.79M59.97M69.45M161.99M265.89M177.13M85.59M73.68M115.76M164.46M163.58M160.08M161.26M132.91M105.42M207.37M371.55M171.83M171.13M287.13M358.65M288.07M
Free Cash Flow21.10M15.20M-6.90M27.40M33.30M45.60M16.25M23.93M1.26M26.22M10.13M35.83M10.80M-77.17M-154.57M-14.38M19.43M30.71M117.78M-16.38M-51.11M-42.54M2.13M40.66M38.02M-22.33M-159.63M59.41M218.18M117.36M94.08M97.92M
Dividends Paid21.60M22.00M22.50M24.30M25.00M25.80M26.45M27.34M27.46M28.94M29.26M33.46M34.62M35.52M38.09M43.04M43.70M43.92M43.98M43.56M44.26M46.22M48.24M50.63M53.20M55.72M60.31M64.86M68.75M73.06M78.27M88.06M
FCF to OCF40.73%26.16%-10.28%39.48%52.03%58.24%26.95%30.87%1.65%34.07%16.91%37.40%13.46%-90.99%-138.85%-8.83%18.50%29.42%50.43%-11.06%-45.44%-36.20%1.30%23.43%26.51%-12.07%-75.33%25.69%56.04%29.01%20.78%25.37%
Dividend Paid to FCF102.37%144.74%-326.09%88.69%75.08%56.58%162.85%114.25%2172.86%110.36%288.82%93.39%320.62%-46.02%-24.64%-299.43%224.92%143.04%37.34%-265.89%-86.60%-108.65%2268.17%124.51%139.91%-249.57%-37.78%109.17%31.51%62.25%83.19%89.94%

Earnings

Report DateJul 19, 1995Oct 20, 1995Jan 24, 1996Apr 19, 1996Jul 19, 1996Apr 21, 1997Jul 23, 1997Oct 17, 1997Feb 2, 1998Mar 31, 1998Aug 6, 1998Nov 16, 1998Feb 9, 1999Apr 27, 1999Jul 26, 1999Oct 26, 1999Jan 31, 2000Apr 24, 2000Jul 25, 2000Oct 23, 2000Jan 29, 2001Apr 23, 2001Jul 31, 2001Oct 22, 2001Feb 4, 2002Apr 29, 2002Jul 29, 2002Oct 28, 2002Feb 3, 2003Apr 28, 2003Jul 28, 2003Nov 3, 2003Feb 2, 2004May 3, 2004Aug 2, 2004Nov 1, 2004Feb 7, 2005May 2, 2005Aug 1, 2005Oct 31, 2005Feb 6, 2006May 1, 2006Aug 1, 2006Oct 30, 2006Feb 5, 2007May 7, 2007Aug 6, 2007Nov 1, 2007Feb 5, 2008May 5, 2008Aug 4, 2008Nov 3, 2008Feb 2, 2009May 4, 2009Aug 3, 2009Oct 29, 2009Feb 8, 2010May 3, 2010Aug 2, 2010Oct 28, 2010Feb 8, 2011May 9, 2011Aug 8, 2011Nov 3, 2011Feb 6, 2012May 7, 2012Aug 6, 2012Nov 5, 2012Feb 11, 2013May 6, 2013Aug 5, 2013Nov 4, 2013Feb 10, 2014May 5, 2014Aug 4, 2014Nov 3, 2014Feb 9, 2015May 4, 2015Aug 3, 2015Nov 2, 2015Feb 8, 2016May 2, 2016Aug 8, 2016Nov 2, 2016Feb 6, 2017May 1, 2017Aug 7, 2017Nov 1, 2017Feb 12, 2018May 7, 2018Aug 6, 2018Nov 5, 2018Feb 18, 2019May 6, 2019Aug 5, 2019Nov 4, 2019Feb 17, 2020May 5, 2020Aug 3, 2020Nov 2, 2020Feb 15, 2021May 3, 2021Aug 2, 2021Nov 1, 2021Feb 14, 2022May 2, 2022Aug 1, 2022Oct 31, 2022Feb 13, 2023May 1, 2023Jul 31, 2023Oct 30, 2023Feb 12, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Feb 17, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 16, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate0.230.260.320.420.230.440.250.280.34-0.450.380.410.380.270.370.400.390.310.380.380.440.370.430.420.410.390.490.470.440.420.420.370.390.320.450.480.360.330.430.360.430.390.460.360.460.400.430.420.480.560.480.450.330.110.270.340.130.110.380.360.250.120.200.220.230.210.350.300.340.280.400.420.550.230.420.450.550.230.440.440.310.380.450.440.430.400.390.460.530.470.430.390.690.460.650.510.670.320.660.450.690.561.111.191.181.551.820.841.011.451.621.251.451.701.921.271.531.721.871.281.421.481.57
EPS Actual0.210.300.320.420.240.430.210.310.340.220.220.400.440.370.280.410.410.420.360.420.400.450.340.430.430.400.410.500.480.380.320.460.360.310.300.420.520.370.370.640.420.500.370.450.370.340.530.440.470.270.110.310.380.120.070.290.230.180.040.160.240.100.150.180.090.270.290.350.470.410.210.410.520.590.270.430.480.370.360.420.410.380.410.370.440.490.420.450.500.660.470.580.350.660.390.620.510.600.420.870.450.731.011.261.231.722.052.011.001.491.952.191.371.772.072.031.301.621.851.861.231.731.661.41
Surprise-8.70%15.38%0.00%0.00%4.35%-2.27%-16.00%10.71%0.00%--51.11%5.26%7.32%-2.63%3.70%10.81%2.50%7.69%16.13%10.53%5.26%2.27%-8.11%0.00%2.38%-2.44%5.13%2.04%2.13%-13.64%-23.81%9.52%-2.70%-20.51%-6.25%-6.67%8.33%2.78%12.12%48.84%16.67%16.28%-5.13%-2.17%2.78%-26.09%32.50%2.33%11.90%-43.75%-80.36%-35.42%-15.56%-63.64%-36.36%7.41%-32.35%38.46%-63.64%-57.89%-33.33%-60.00%25.00%-10.00%-59.09%17.39%38.10%0.00%56.67%20.59%-25.00%2.50%23.81%7.27%17.39%2.38%6.67%-32.73%56.52%-4.55%-6.82%22.58%7.89%-17.78%0.00%13.95%5.00%15.38%8.70%24.53%0.00%34.88%-10.26%-4.35%-15.22%-4.62%0.00%-10.45%31.25%31.82%0.00%5.80%80.36%13.51%3.36%45.76%32.26%10.44%19.05%47.52%34.48%35.19%9.60%22.07%21.76%5.73%2.36%5.88%7.56%-0.53%-3.91%21.83%12.16%-10.19%
Timing----Pre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.84B
Enterprise Value4.73B
Trailing P/E19.55
Forward P/E16.34
PEG Ratio2.01
Price / Sales2.92
Price / Book2.02
EPS4.68
Book Value44.70
Revenue (TTM)1.32B
Gross Profit (TTM)554.85M
EBITDA447.25M
Profit Margin14.83%
Operating Margin24.03%
Return on Equity10.69%
Return on Assets5.14%
Shares Outstanding41.99M
Shares Float41.13M
Beta0.42
Dividend Yield2.47%
Dividend Rate2.26
Payout Ratio34.86%

Analyst Ratings

Hold
Based on 4 analystsTarget 90.50
  • Hold
    4

Ownership Breakdown

Institutions
78.98%
Insiders
2.08%
Retail / Other
18.94%

Top Institutional Holders

  • BlackRock Inc
    6.56M15.62%
  • Vanguard Portfolio Management, LLC
    3.00M7.14%
  • Vanguard Capital Management, LLC
    1.89M4.50%
  • State Street Corp
    1.65M3.92%
  • LSV Asset Management
    1.19M2.83%
  • Geode Capital Management, LLC
    1.11M2.65%
  • Morgan Stanley - Brokerage Accounts
    885.38K2.11%
  • Dimensional Fund Advisors, Inc.
    828.02K1.97%
  • Two Sigma Investments LLC
    725.77K1.73%
  • First Trust Advisors L.P.
    637.04K1.52%
  • Caisse De Depot Et Placement Du Quebec
    539.87K1.29%
  • Charles Schwab Investment Management Inc
    519.76K1.24%
  • Gabelli Funds LLC
    462.20K1.10%
  • Northern Trust Corp
    453.45K1.08%
  • D. E. Shaw & Co LP
    447.02K1.06%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.52M5.99%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.35M3.21%
  • iShares Russell 2000 ETF
    991.55K2.36%
  • Vanguard Small Cap Index
    943.80K2.25%
  • Vanguard MStar Small Cap Value Index
    614.99K1.46%

Dividends

20264×
0.58Nov 13, 20260.58Aug 14, 20260.58May 15, 20260.58Feb 13, 2026
20254×
0.53Nov 14, 20250.53Aug 15, 20250.53May 15, 20250.53Feb 14, 2025
20244×
0.47Nov 15, 20240.47Aug 15, 20240.47May 14, 20240.47Feb 14, 2024
20234×
0.44Nov 14, 20230.44Aug 14, 20230.44May 12, 20230.44Feb 13, 2023
20224×
0.41Nov 14, 20220.41Aug 12, 20220.41May 12, 20220.41Feb 14, 2022
20214×
0.39Nov 12, 20210.39Aug 12, 20210.39May 13, 20210.39Feb 11, 2021

Stock Splits

  • Mar 16, 20002:1
  • Jun 16, 19882:1