Otter Tail Corporation (OTTR) Key Metrics
OTTR valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $3.78B
- Enterprise value
- $4.68B
- P/E (TTM)
- 19.5 10-yr median 17.5
- Forward P/E
- 16.1
- PEG ratio
- 2.01
- Price / sales
- 2.9 10-yr median 2.2
- Price / book
- 2.0 10-yr median 2.4
- EV / EBITDA
- 12.6 10-yr median 11.2
- Dividend yield
- 2.51% $2.26 a year
- Beta
- 0.45
OTTR key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsOTTR valuation Price multiples at each fiscal year-end price.
OTTR returns How much profit the business earns on the capital it uses.
OTTR per-share figures Results divided by the shares outstanding at year-end.
OTTR financial health Debt, liquidity and how easily interest is covered.
OTTR efficiency & capital use Working capital cycle and where the cash goes.
OTTR valuation history
OTTR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
OTTR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
OTTR cash returned to shareholders
OTTR price vs earnings per share
OTTR key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $3.40B | $3.11B | $3.57B | $2.46B | $2.99B | $1.74B | $2.05B | $1.98B | $1.77B | $1.58B |
| Enterprise value | $4.07B | $3.83B | $4.25B | $3.17B | $3.84B | $2.59B | $2.75B | $2.59B | $2.35B | $2.16B |
| P/E ratio | 12.3 | 10.3 | 12.1 | 8.7 | 16.9 | 18.2 | 23.6 | 24.0 | 24.4 | 25.4 |
| Price / sales | 2.6 | 2.3 | 2.6 | 1.7 | 2.5 | 2.0 | 2.2 | 2.2 | 2.1 | 2.0 |
| Price / book | 1.8 | 1.9 | 2.5 | 2.0 | 3.0 | 2.0 | 2.6 | 2.7 | 2.5 | 2.4 |
| Price / free cash flow | 34.8 | 33.0 | 30.4 | 11.3 | 50.3 | — | — | 52.1 | 43.4 | 742.9 |
| Price / operating cash flow | 8.8 | 6.9 | 8.8 | 6.3 | 12.9 | 8.2 | 11.1 | 13.8 | 10.2 | 9.7 |
| EV / sales | 3.1 | 2.9 | 3.1 | 2.2 | 3.2 | 2.9 | 3.0 | 2.8 | 2.8 | 2.7 |
| EV / EBITDA | 8.3 | 7.4 | 8.5 | 6.5 | 11.2 | 11.1 | 12.8 | 12.8 | 11.8 | 11.5 |
| EV / free cash flow | 41.5 | 40.7 | 36.2 | 14.6 | 64.6 | — | — | 68.1 | 57.9 | — |
| Earnings yield | 8.1% | 9.7% | 8.2% | 11.5% | 5.9% | 5.5% | 4.2% | 4.2% | 4.1% | 3.9% |
| Free cash flow yield | 2.9% | 3.0% | 3.3% | 8.9% | 2.0% | −9.2% | −1.1% | 1.9% | 2.3% | 0.1% |
| Dividend yield | 2.6% | 2.5% | 2.0% | 2.8% | 2.2% | 3.5% | 2.7% | 2.7% | 2.9% | 3.1% |
| Shareholder yield (dividends + buybacks) | 2.7% | 2.7% | 2.1% | 2.9% | 2.2% | 3.6% | 2.9% | 2.8% | 3.0% | 3.1% |
| Share price at fiscal year-end | $80.81 | $73.84 | $84.97 | $58.71 | $71.42 | $42.61 | $51.29 | $49.64 | $44.45 | $40.80 |
| Per share | ||||||||||
| Revenue per share | $30.96 | $31.63 | $32.09 | $34.82 | $28.62 | $21.76 | $23.01 | $22.97 | $21.37 | $20.75 |
| Earnings per share | $6.55 | $7.17 | $7.00 | $6.78 | $4.23 | $2.34 | $2.17 | $2.06 | $1.82 | $1.61 |
| Operating cash flow per share | $9.16 | $10.76 | $9.62 | $9.28 | $5.53 | $5.18 | $4.63 | $3.60 | $4.37 | $4.22 |
| Free cash flow per share | $2.32 | $2.24 | $2.79 | $5.20 | $1.42 | −$3.90 | −$0.56 | $0.95 | $1.02 | $0.05 |
| Cash per share | $10.46 | $7.00 | $5.48 | $2.84 | $0.04 | $0.03 | $0.53 | $0.02 | $0.41 | $0.00 |
| Book value per share | $44.20 | $39.66 | $34.33 | $29.03 | $23.69 | $21.29 | $19.56 | $18.27 | $17.53 | $17.30 |
| Tangible book value per share | $43.20 | $38.63 | $33.27 | $27.95 | $22.58 | $20.13 | $18.34 | $17.02 | $16.24 | $15.95 |
| Dividends per share | $2.09 | $1.86 | $1.74 | $1.64 | $1.55 | $1.47 | $1.39 | $1.33 | $1.27 | $1.25 |
| Capex per share | $6.84 | $8.52 | $6.83 | $4.08 | $4.11 | $9.08 | $5.19 | $2.64 | $3.34 | $4.16 |
| Debt per share | $26.21 | $24.09 | $21.54 | $19.84 | $20.45 | $20.67 | $17.97 | $15.26 | $15.17 | $15.01 |
| Shares outstanding | 42.1M | 42.1M | 42.0M | 41.9M | 41.8M | 40.9M | 40.0M | 39.9M | 39.7M | 38.7M |
| Change in shares outstanding | +0.1% | +0.1% | +0.3% | +0.3% | +2.2% | +2.4% | +0.2% | +0.4% | +2.6% | +2.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 15.6% | 19.4% | 22.1% | 25.7% | 19.0% | 11.6% | 11.5% | 11.6% | 10.6% | 9.8% |
| Return on invested capital (ROIC) | 12.0% | 13.9% | 15.1% | 16.4% | 11.7% | 7.6% | 8.0% | 8.4% | 7.2% | 6.9% |
| Return on assets (ROA) | 7.2% | 8.8% | 9.6% | 10.0% | 6.6% | 4.0% | 4.0% | 4.1% | 3.7% | 3.3% |
| Return on tangible assets | 7.0% | 8.4% | 9.2% | 9.9% | 6.5% | 3.8% | 3.9% | 4.1% | 3.7% | 3.4% |
| Free cash flow margin | 7.5% | 7.1% | 8.7% | 14.9% | 5.0% | −17.9% | −2.4% | 4.1% | 4.8% | 0.3% |
| Income quality (OCF / net income) | 1.40 | 1.50 | 1.37 | 1.37 | 1.31 | 2.21 | 2.13 | 1.74 | 2.40 | 2.62 |
| Financial health | ||||||||||
| Total debt | $1.10B | $1.01B | $905.5M | $832.0M | $855.2M | $845.5M | $718.1M | $608.8M | $602.9M | $581.4M |
| Cash & short-term investments | $440.5M | $294.7M | $230.4M | $119.0M | $1.5M | $1.2M | $21.2M | $861,000 | $16.2M | $1 |
| Net debt | $663.3M | $718.7M | $675.1M | $713.0M | $853.6M | $844.4M | $696.9M | $607.9M | $586.7M | $581.4M |
| Debt / equity | 0.59 | 0.61 | 0.63 | 0.68 | 0.86 | 0.97 | 0.92 | 0.84 | 0.87 | 0.87 |
| Debt / assets | 0.28 | 0.28 | 0.28 | 0.29 | 0.31 | 0.33 | 0.32 | 0.30 | 0.30 | 0.30 |
| Net debt / EBITDA | 1.36 | 1.39 | 1.35 | 1.47 | 2.50 | 3.63 | 3.26 | 3.01 | 2.95 | 3.10 |
| Current ratio | 2.28 | 2.03 | 1.84 | 1.91 | 0.95 | 0.54 | 1.34 | 1.42 | 0.93 | 0.96 |
| Quick ratio | 1.83 | 1.55 | 1.36 | 1.29 | 0.57 | 0.33 | 0.83 | 0.79 | 0.59 | 0.58 |
| Interest coverage | 7.3 | 9.1 | 10.0 | 10.8 | 6.6 | 4.3 | 4.3 | 4.3 | 4.3 | 3.5 |
| Working capital | $448.8M | $320.3M | $260.4M | $215.1M | −$18.3M | −$202.0M | $65.1M | $71.3M | −$17.5M | −$7.7M |
| Invested capital | $2.53B | $2.39B | $2.12B | $1.93B | $1.84B | $1.72B | $1.48B | $1.34B | $1.28B | $1.25B |
| Tangible asset value | $1.82B | $1.63B | $1.40B | $1.17B | $944.2M | $823.2M | $732.6M | $678.8M | $645.6M | $617.6M |
| Net current asset value | −$1.30B | −$1.35B | −$1.23B | −$1.23B | −$1.39B | −$1.47B | −$1.24B | −$1.08B | −$1.07B | −$1.03B |
| Graham number | $80.72 | $79.99 | $73.52 | $66.54 | $47.47 | $33.51 | $30.93 | $29.13 | $26.81 | $25.03 |
| Graham net-net per share | −$34.99 | −$35.77 | −$32.74 | −$33.01 | −$37.23 | −$38.50 | −$33.57 | −$29.74 | −$29.49 | −$29.16 |
| Capital allocation | ||||||||||
| Dividends paid | $88.1M | $78.3M | $73.1M | $68.8M | $64.9M | $60.3M | $55.7M | $53.2M | $50.6M | $48.2M |
| Share buybacks (net) | $3.1M | $6.5M | $3.1M | $2.9M | $1.5M | $2.1M | $2.7M | $3.0M | $1.8M | $104,000 |
| Dividend payout ratio | 31.9% | 25.9% | 24.8% | 24.2% | 36.7% | 62.9% | 64.2% | 64.6% | 69.9% | 77.4% |
| Dividends + buybacks / free cash flow | 93.1% | 90.1% | 64.9% | 32.9% | 111.7% | — | — | 147.8% | 128.9% | — |
| Capex / revenue | 22.1% | 27.0% | 21.3% | 11.7% | 14.4% | 41.7% | 22.6% | 11.5% | 15.6% | 20.1% |
| Capex / operating cash flow | 74.6% | 79.2% | 71.0% | 44.0% | 74.3% | 175.3% | 112.1% | 73.5% | 76.6% | 98.7% |
| Capex / depreciation | 2.44 | 3.35 | 2.93 | 1.85 | 1.88 | 4.53 | 2.66 | 1.41 | 1.83 | 2.20 |
| Stock-based compensation / revenue | 0.7% | 0.7% | 0.6% | 0.5% | 0.6% | 0.7% | 0.6% | 0.5% | 0.4% | 0.4% |
| SG&A / revenue | 6.3% | 6.0% | 10.0% | 4.8% | 5.5% | 0.4% | 0.5% | 5.6% | 22.9% | 23.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 40.8 | 41.6 | 40.8 | 39.9 | 44.1 | 45.4 | 43.4 | 42.0 | 41.8 | 42.9 |
| Days of inventory on hand | 59.6 | 72.9 | 68.8 | 60.4 | 56.8 | 59.0 | 58.2 | 55.0 | 52.9 | 54.7 |
| Days payables outstanding | 40.2 | 50.8 | 46.3 | 49.1 | 60.4 | 74.9 | 61.9 | 51.2 | 53.6 | 57.8 |
| Cash conversion cycle (days) | 60.2 | 63.7 | 63.3 | 51.2 | 40.5 | 29.5 | 39.7 | 45.7 | 41.1 | 39.7 |
| Receivables turnover | 8.95 | 8.78 | 8.95 | 9.14 | 8.29 | 8.03 | 8.41 | 8.70 | 8.73 | 8.51 |
| Payables turnover | 9.09 | 7.19 | 7.89 | 7.43 | 6.04 | 4.87 | 5.90 | 7.13 | 6.81 | 6.31 |
| Inventory turnover | 6.12 | 5.01 | 5.30 | 6.04 | 6.42 | 6.19 | 6.27 | 6.64 | 6.90 | 6.67 |
| Asset turnover | 0.34 | 0.39 | 0.44 | 0.52 | 0.45 | 0.37 | 0.43 | 0.45 | 0.43 | 0.43 |
| Average receivables | $145.7M | $151.6M | $150.8M | $159.7M | $144.5M | $110.8M | $109.3M | $105.4M | $97.3M | $94.4M |
| Average payables | $103.6M | $104.0M | $99.4M | $119.7M | $127.9M | $120.7M | $108.5M | $90.5M | $87.0M | $89.4M |
| Average inventory | $153.7M | $149.3M | $147.8M | $147.2M | $120.3M | $95.0M | $102.1M | $97.2M | $85.9M | $84.6M |
| Intangibles / total assets | 1.1% | 1.2% | 1.4% | 1.6% | 1.7% | 1.9% | 2.1% | 2.4% | 2.6% | 2.7% |
Computed from OTTR's annual financial statements (latest annual report filed February 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
OTTR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Otter Tail traded at 12.3 times earnings, against a 10-year median of 17.5. Based on the latest twelve months, the trailing P/E is 19.5 and the forward P/E is 16.1. Otter Tail earned a return on equity of 15.6% and a return on invested capital of 12.0% in fiscal 2025. It ended the year with $1.1 billion of debt and $440.5 million in cash and short-term investments, net debt of $663.3 million. It returned $91.2 million to shareholders: $88.1 million in dividends and $3.1 million in share buybacks, 93% of free cash flow. The share count rose 8.7% from 38.7M to 42.1M over 9 years.
See the OTTR income statement, the OTTR chart for price history, or the OTTR stock overview for the latest quote and news.
OTTR key metrics FAQ
What is Otter Tail's P/E ratio?
Otter Tail's trailing P/E ratio is 19.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.1. At the end of fiscal 2025 it was 12.3, compared with a 10-year median of 17.5.
What is Otter Tail's EV/EBITDA?
Otter Tail's enterprise value was 8.3 times EBITDA at the end of fiscal 2025 (enterprise value $4.1 billion, EBITDA $487.6 million); the current EV/EBITDA is 12.6.
What is Otter Tail's return on equity?
Otter Tail's return on equity (ROE) was 15.6% in fiscal 2025: net income of $275.9 million on average shareholders' equity of $1.8 billion.
What is Otter Tail's ROIC?
Otter Tail's return on invested capital was 12.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Otter Tail have?
Otter Tail had total debt of $1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.59 and $663.3 million of net debt (1.36 times EBITDA).
What is Otter Tail's dividend yield?
Otter Tail's forward dividend yield is 2.51%. Otter Tail paid $88.1 million in dividends in fiscal 2025 ($2.09 per share), a payout ratio of 31.9%.
Does Otter Tail buy back its shares?
Yes. Otter Tail spent $3.1 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.1% over the year, to 42.1M..
What is Otter Tail's free cash flow yield?
Otter Tail generated $97.9 million of free cash flow in fiscal 2025, a free cash flow yield of 2.9% on its market value at year-end ($3.4 billion).
What is Otter Tail's current ratio?
Otter Tail's current ratio was 2.28 at the end of fiscal 2025: current assets were 2.28 times current liabilities.