Otter Tail Corporation (OTTR) Financial Ratios
30 years of historical data (1996–2025) · Utilities · Diversified Utilities
EV/EBITDA
↓
9.46
+9% vs avg
5yr avg: 8.70
30Y Low6.5·High12.9
P/FCF
↓
37.49
+17% vs avg
5yr avg: 31.95
30Y Low7.7·High85.6
P/B Ratio
↓
1.98
↓-12% vs avg
5yr avg: 2.24
30Y Low1.1·High3.0
ROE
↓
15.6%
↑-23% vs avg
5yr avg: 20.4%
30Y Low-2%·High26%
Debt/EBITDA
↓
2.38
+12% vs avg
5yr avg: 2.12
30Y Low1.7·High4.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OTTR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Otter Tail Corporation trades at 13.4x earnings, 11% above its 5-year average of 12.1x, sitting at the 15th percentile of its historical range. Compared to the Utilities sector median P/E of 19.0x, the stock trades at a discount of 30%. On a free-cash-flow basis, the stock trades at 37.5x P/FCF, 17% above the 5-year average of 32.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.7B | $3.4B | $3.1B | $3.6B | $2.5B | $3.0B | $1.7B | $2.0B | $2.0B | $1.8B | $1.6B |
| Enterprise Value | $4.4B | $4.1B | $3.8B | $4.2B | $3.2B | $3.8B | $2.6B | $2.7B | $2.6B | $2.4B | $2.2B |
| P/E Ratio → | 13.36 | 12.34 | 10.30 | 12.14 | 8.66 | 16.88 | 18.21 | 23.64 | 24.10 | 24.42 | 25.34 |
| P/S Ratio | 2.81 | 2.61 | 2.33 | 2.65 | 1.69 | 2.50 | 1.96 | 2.23 | 2.16 | 2.08 | 1.97 |
| P/B Ratio | 1.98 | 1.83 | 1.86 | 2.48 | 2.02 | 3.01 | 2.00 | 2.62 | 2.72 | 2.54 | 2.36 |
| P/FCF | 37.49 | 34.76 | 33.02 | 30.44 | 11.28 | 50.27 | — | — | 52.08 | 43.45 | 742.94 |
| P/OCF | 9.51 | 8.82 | 6.86 | 8.83 | 6.32 | 12.92 | 8.22 | 11.07 | 13.80 | 10.18 | 9.67 |
P/E links to full P/E history page with 30-year chart
OTTR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Otter Tail Corporation's enterprise value stands at 9.5x EBITDA, 9% above its 5-year average of 8.7x. The Utilities sector median is 11.9x, placing the stock at a 21% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.16 | 2.87 | 3.15 | 2.17 | 3.21 | 2.91 | 2.99 | 2.82 | 2.77 | 2.68 |
| EV / EBITDA | 9.46 | 8.89 | 7.85 | 8.92 | 6.57 | 11.26 | 11.25 | 12.89 | 12.68 | 11.85 | 11.68 |
| EV / EBIT | 12.70 | 11.92 | 9.36 | 10.59 | 8.07 | 15.32 | 17.19 | 20.24 | 20.32 | 18.58 | 18.84 |
| EV / FCF | — | 42.09 | 40.66 | 36.19 | 14.55 | 64.64 | — | — | 68.07 | 57.88 | 1013.37 |
OTTR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Otter Tail Corporation earns an operating margin of 26.5%, above the Utilities sector average of 18.5%. Operating margins have compressed from 28.0% to 26.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 15.6% indicates solid capital efficiency, compared to the sector median of 9.3%. ROIC of 10.4% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.8% | 27.8% | 43.8% | 41.9% | 39.1% | 35.4% | 33.9% | 30.4% | 29.6% | 30.3% | 29.8% |
| Operating Margin | 26.5% | 26.5% | 28.6% | 28.0% | 26.7% | 20.9% | 16.6% | 14.7% | 14.1% | 14.9% | 13.8% |
| Net Profit Margin | 21.2% | 21.2% | 22.7% | 21.8% | 19.5% | 14.8% | 10.8% | 9.4% | 9.0% | 8.5% | 7.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.6% | 15.6% | 19.4% | 22.1% | 25.7% | 19.0% | 11.6% | 11.5% | 11.6% | 10.6% | 9.8% |
| ROA | 7.2% | 7.2% | 8.8% | 9.6% | 10.0% | 6.6% | 4.0% | 4.0% | 4.1% | 3.7% | 3.3% |
| ROIC | 10.4% | 10.4% | 12.7% | 14.0% | 15.5% | 10.5% | 6.9% | 7.2% | 7.4% | 7.5% | 7.3% |
| ROCE | 9.9% | 9.9% | 12.1% | 13.5% | 15.5% | 11.1% | 7.0% | 6.8% | 7.1% | 7.3% | 6.8% |
OTTR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Otter Tail Corporation carries a Debt/EBITDA ratio of 2.4x, which is manageable (54% below the sector average of 5.2x). Net debt stands at $718M ($1.1B total debt minus $386M cash). Interest coverage of 7.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.59 | 0.59 | 0.61 | 0.63 | 0.68 | 0.86 | 0.97 | 0.92 | 0.84 | 0.87 | 0.87 |
| Debt / EBITDA | 2.38 | 2.38 | 2.08 | 1.90 | 1.72 | 2.51 | 3.68 | 3.37 | 2.98 | 3.03 | 3.15 |
| Net Debt / Equity | — | 0.39 | 0.43 | 0.47 | 0.59 | 0.86 | 0.97 | 0.89 | 0.83 | 0.84 | 0.86 |
| Net Debt / EBITDA | 1.55 | 1.55 | 1.47 | 1.42 | 1.48 | 2.50 | 3.67 | 3.27 | 2.98 | 2.95 | 3.12 |
| Debt / FCF | — | 7.33 | 7.64 | 5.75 | 3.27 | 14.37 | — | — | 15.99 | 14.43 | 270.43 |
| Interest Coverage | 7.32 | 7.32 | 9.77 | 10.65 | 10.93 | 6.63 | 4.37 | 4.32 | 4.19 | 4.28 | 3.59 |
OTTR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Otter Tail Corporation's current ratio of 2.28x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.83x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.84x to 2.28x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.28 | 2.28 | 2.03 | 1.84 | 1.91 | 0.95 | 0.54 | 1.34 | 1.42 | 0.93 | 0.96 |
| Quick Ratio | 1.83 | 1.83 | 1.55 | 1.36 | 1.29 | 0.57 | 0.33 | 0.83 | 0.79 | 0.59 | 0.58 |
| Cash Ratio | 1.26 | 1.26 | 0.95 | 0.74 | 0.50 | 0.00 | 0.00 | 0.11 | 0.01 | 0.06 | — |
| Asset Turnover | — | 0.33 | 0.36 | 0.42 | 0.50 | 0.43 | 0.35 | 0.40 | 0.45 | 0.42 | 0.42 |
| Inventory Turnover | 5.94 | 5.94 | 5.02 | 5.24 | 6.10 | 5.20 | 6.38 | 6.54 | 6.07 | 6.73 | 6.74 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
OTTR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Otter Tail Corporation returns 2.4% to shareholders annually primarily through dividends. The payout ratio of 31.9% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.4% | 2.6% | 2.5% | 2.0% | 2.8% | 2.2% | 3.5% | 2.7% | 2.7% | 2.9% | 3.1% |
| Payout Ratio | 31.9% | 31.9% | 25.9% | 24.8% | 24.2% | 36.7% | 62.9% | 64.2% | 64.6% | 69.9% | 77.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.5% | 8.1% | 9.7% | 8.2% | 11.5% | 5.9% | 5.5% | 4.2% | 4.1% | 4.1% | 3.9% |
| FCF Yield | 2.7% | 2.9% | 3.0% | 3.3% | 8.9% | 2.0% | — | — | 1.9% | 2.3% | 0.1% |
| Buyback Yield | 0.0% | 0.0% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.1% | 0.0% |
| Total Shareholder Yield | 2.4% | 2.6% | 2.7% | 2.1% | 2.9% | 2.2% | 3.6% | 2.9% | 2.8% | 3.0% | 3.1% |
| Shares Outstanding | — | $42M | $42M | $42M | $42M | $42M | $41M | $40M | $40M | $40M | $39M |
Peer Comparison
Compare OTTR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 OTTRYou | $4B | 13.4 | 9.5 | 37.5 | 27.8% | 26.5% | 15.6% | 10.4% | 2.4 |
 NWE | $4B | 23.8 | 13.2 | — | 82.3% | 20.2% | 6.3% | 4.0% | 5.7 |
 AVA | $3B | 16.7 | 10.3 | — | 24.2% | 18.0% | 7.3% | 4.5% | 5.3 |
 MGEE | $3B | 20.4 | 13.1 | — | 97.3% | 22.9% | 10.7% | 6.1% | 3.3 |
 NWPX | $1B | 39.1 | 20.5 | 28.5 | 19.7% | 9.7% | 9.2% | 7.6% | 1.5 |
 BKH | $6B | 18.3 | 12.2 | — | 38.5% | 23.3% | 7.8% | 4.9% | 5.7 |
 ALTG | $250M | -3.0 | 27.0 | — | 25.9% | 1.3% | -233.4% | 1.4% | 22.5 |
 ALE | $4B | 21.9 | 13.0 | 38.6 | 32.5% | 10.5% | 5.3% | 2.3% | 4.1 |
 IDA | $8B | 24.1 | 17.3 | — | 22.1% | 21.9% | 9.4% | 4.6% | 5.6 |
 POR | $6B | 18.2 | 10.0 | — | 33.6% | 16.4% | 7.7% | 4.5% | 4.9 |
 CLNE | $410M | -1.8 | 74.1 | 6.8 | 4.2% | -22.0% | -34.6% | -9.4% | 20.9 |
| Utilities Median | — | 19.0 | 11.9 | 18.6 | 38.4% | 18.5% | 9.3% | 4.9% | 5.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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OTTR — Frequently Asked Questions
Quick answers to the most common questions about buying OTTR stock.
What is Otter Tail Corporation's P/E ratio?
Otter Tail Corporation's current P/E ratio is 13.4x. The historical average is 19.9x. This places it at the 15th percentile of its historical range.
What is Otter Tail Corporation's EV/EBITDA?
Otter Tail Corporation's current EV/EBITDA is 9.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.3x.
What is Otter Tail Corporation's ROE?
Otter Tail Corporation's return on equity (ROE) is 15.6%. The historical average is 11.7%.
Is OTTR stock overvalued?
Based on historical data, Otter Tail Corporation is trading at a P/E of 13.4x. This is at the 15th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Otter Tail Corporation's dividend yield?
Otter Tail Corporation's current dividend yield is 2.39% with a payout ratio of 31.9%.
What are Otter Tail Corporation's profit margins?
Otter Tail Corporation has 27.8% gross margin and 26.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Otter Tail Corporation have?
Otter Tail Corporation's Debt/EBITDA ratio is 2.4x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.