Otter Tail Corp

Listed Company

OTTRCIK 0001466593NasdaqLarge AcceleratedElectric ServicesMinnesotaFY ends Dec 31

Period

FY 2025

Revenue

$1.30B

Net Income

$275.89M

Total Assets

$3.96B

Equity

$1.86B

Shares Out

41.98M

Op. Cash Flow

$385.99M

OTTR$91.29+15.07% · past yearDBEQ Basic

Daily closing prices

Business

Otter Tail Corporation is a holding company with three operating segments: Electric, Manufacturing, and Plastics. The Electric segment, through Otter Tail Power Company, generates, purchases, transmits, and distributes electricity to approximately 134,000 customers across western Minnesota, eastern North Dakota, and northeastern South Dakota. The Manufacturing segment operates metal fabrication and thermoformed plastic product businesses serving original equipment manufacturers across diverse end markets. The Plastics segment manufactures PVC pipe for municipal water infrastructure, wastewater systems, and rural water applications primarily across the western United States and Canada.

Summary from 10-K filed 2026-02-18

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total Operating Revenues	1,304	1,331	1,349	1,460	—
Electric Production Fuel	75	61	60	65	59
Electric Purchased Power	79	62	78	100	65
Electric Operating and Maintenance Expenses	184	190	191	181	160
Cost of Products Sold (excluding depreciation)	403	435	454	543	488
Nonelectric Selling, General, and Administrative Expenses	83	80	73	70	65
Depreciation and Amortization	118	107	98	93	91
Electric Property Taxes	17	16	17	18	18
Total Operating Expenses	958	950	971	1,070	947
Operating Income	346	380	378	390	250
Interest Expense	−47	−42	−38	−36	—
Nonservice Cost Components of Postretirement Benefits	3	10	11	1	−2
Other Income (Expense), net	20	19	13	2	3
Income Before Income Taxes	322	367	363	358	213
Income Tax Expense	46	65	69	73	36
Net Income	276	302	294	284	177
Basic (in shares)	42	42	42	42	41
Diluted (in shares)	42	42	42	42	42
Basic (in dollars per share)	6.59	7.22	7.06	6.83	4.26
Diluted (in dollars per share)	6.55	7.17	7	6.78	4.23

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and Cash Equivalents	386	295	230	119	2
Receivables, net of allowance for credit losses	145	146	157	144	175
Inventories	159	149	150	146	148
Investments	54	753,000	—	—	—
Regulatory Assets	20	10	16	25	27
Other Current Assets	35	30	17	18	17
Total Current Assets	800	630	570	453	369
Investments	79	121	63	55	57
Property, Plant and Equipment, net of accumulated depreciation	2,877	2,692	2,418	—	—
Regulatory Assets	86	99	96	95	126
Intangible Assets, net of accumulated amortization	5	6	7	8	9
Goodwill	38	38	38	38	38
Other Noncurrent Assets	81	66	51	41	32
Total Noncurrent Assets	3,165	3,022	2,672	2,449	2,385
Total Assets	3,964	3,652	3,243	2,902	2,755
Short-Term Debt	60	70	81	8	91
Current Maturities of Long-Term Debt	80	0	—	0	30
Accounts Payable	94	114	94	104	135
Accrued Salaries and Wages	36	34	38	32	32
Accrued Taxes	18	17	27	19	19
Regulatory Liabilities	17	29	25	17	25
Other Current Liabilities	46	46	44	56	56
Total Current Liabilities	351	310	310	238	388
Pension Benefit Liability	32	33	33	33	74
Other Postretirement Benefits Liability	32	27	28	47	66
Regulatory Liabilities	297	289	277	244	234
Deferred Income Taxes	306	268	237	221	188
Deferred Tax Credits	14	15	15	16	17
Other Noncurrent Liabilities	106	98	76	61	63
Total Noncurrent Liabilities and Deferred Credits	788	730	666	623	642
Commitments and Contingencies (Note 14)	—	—	—	—	—
Long-Term Debt	964	944	824	—	—
Common Stock: 50,000,000 shares authorized of $5 par value; 41,905,520 and 41,827,967 outstanding at December 31, 2025 and 2024	210	209	209	208	208
Additional Paid-In Capital	434	429	427	423	420
Retained Earnings	1,218	1,030	806	585	370
Accumulated Other Comprehensive Income	470,000	532,000	1	915,000	−7
Total Shareholders' Equity	1,862	1,668	1,443	1,217	991
Total Capitalization	2,825	2,612	2,267	2,041	1,725
Total Liabilities and Shareholders' Equity	3,964	3,652	3,243	2,902	2,755

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Deferred Tax Credits	−669,000	−182,000	−744,000	−745,000	−744,000
Deferred Income Taxes	33	23	14	32	29
Investment Gains	−7	−5	−7	3	−5
Stock Compensation Expense	9	10	8	7	7
Other, net	−4	−3	−423,000	−1	667,000
Receivables	468,000	11	−13	31	−61
Inventories	−5	4	−2	5	−54
Regulatory Assets	−11	5	12	−2	−5
Other Assets	−4	−12	3	−368,000	−14
Accounts Payable	−24	15	−10	−30	39
Accrued and Other Liabilities	7	−10	6,000	−5	28
Regulatory Liabilities	2	17	21	−7	2
Pension and Other Postretirement Benefits	−5	−10	−12	1	—
Net Cash Provided by Operating Activities	386	453	404	389	231
Capital Expenditures	−288	−359	−287	−171	−172
Proceeds from Disposal of Investments and Other Assets	7	9	6	4	10
Purchases of Investments and Other Assets	−10	−62	−8	−8	−9
Net Cash Used in Investing Activities	−291	−411	−289	−175	−172
Net (Repayments) Borrowings on Short-Term Debt	−9	−12	73	−83	10
Proceeds from Issuance of Long-Term Debt	100	120	0	90	140
Dividends Paid	−88	−78	−73	−69	−65
Payments for Shares Withheld for Employee Tax Obligations	−3	−6	−3	−3	−2
Other, net	−3	−549,000	−904,000	−2	−4
Net Cash Provided by (Used in) Financing Activities	−4	23	−4	−97	−59
Net Change in Cash and Cash Equivalents	92	64	111	117	374,000
Interest, net of amount capitalized	46	39	37	36	37
Income Taxes	11	58	46	43	8
Accrued Property, Plant and Equipment Additions	26	20	13	12	12

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is Otter Tail Corp's CIK number?

Otter Tail Corp's SEC CIK number is 0001466593 (1466593). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Otter Tail Corp's SEC filings?

All of Otter Tail Corp's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Otter Tail Corp last report earnings?

Otter Tail Corp (OTTR) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001466593-26-000049). This is Otter Tail Corp's most recent earnings filing of record — not a forecast of its next earnings date.

What is Otter Tail Corp's most recent earnings 8-K?

Otter Tail Corp's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001466593-26-000049. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Otter Tail Corp's latest earnings 8-K →
Look up any company's CIK number →