Otter Tail (OTTR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Otter Tail

NasdaqGS•Industrials•Conglomerates

$89.03+0.81(0.01%)Pre-market

Market Cap

$3.72B

P/E

19.0x

P/S

2.8x

P/B

2.0x

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.

How this company scores

AverageMetricSide Score: 47/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Cash & Earnings Quality (9/25).

Profitability14/25

Growth9/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality9/25

Strengths

Strong margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 19.0x5y range 8.6x – 19.0x

Currently above its 20-quarter median.

P/S · 2.8x5y range 1.3x – 2.8x

Currently near its 20-quarter median.

P/B · 2.0x5y range 1.8x – 3.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 36.2% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.5x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $3.72B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.32B
Q. Revenue: $334.38M
TTM EBITDA: $345.33M
TTM Op. Income: $225.26M
Q. Op. Income: $-24.20M
TTM Net Income: $195.07M
Q. Net Income: $-7.61M
EPS: $-0.18
Shares Out.: $41.95M

$1.32B in TTM revenue grew 0.3% YoY, reaching $334.38M last quarter. TTM EBITDA of $345.33M and TTM operating income of $225.26M show growth is flowing through to the bottom line. TTM net income of $195.07M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 2.0%
Op. Margin: -7.2%
Net Margin: -2.3%

Op. margin of -7.2% is down 36.5% YoY — costs are rising relative to revenue. Net margin at -2.3% Over the past year, operating margin is down 125% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 19.0x
P/S Ratio: 2.8x
P/B Ratio: 2.0x

At 19.0x P/E, the stock trades within typical market levels. P/S of 2.8x and P/B of 2.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 4 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.29B
Cash: $278.38M
Long-Term Debt: $1.13B
Book Value: $1.88B
D/E Ratio: 0.6
Debt/EBITDA: 171.4

With $4.29B in assets and $1.13B in long-term debt, D/E is 0.6and book value is $1.88B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $112.10M
TTM Free Cash Flow: $-79.27M
FCF Margin: -6.0%
FCF / Net Income: -0.4

TTM FCF of $-79.27M on $112.10M in operating cash flow. The FCF / Net Income ratio of -0.4x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.