Otter Tail Corporation (OTTR)

Otter Tail Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	284.81	294.65	230.37	119	1.54	1.16
Cash & Short-Term Investments	284.81	294.65	230.37	119	1.54	1.16
Cash Growth	19.59%	27.90%	93.60%	7642.10%	32.16%	-94.51%
Accounts Receivable	172.5	132.17	148.06	134.41	164.36	105.02
Other Receivables	11.55	13.8	9.08	9.98	10.59	8.94
Receivables	184.05	145.96	157.14	144.39	174.95	113.96
Inventory	147.7	148.89	149.7	145.95	148.49	92.17
Other Current Assets	34.71	40.54	32.95	43.41	44.37	27.55
Total Current Assets	651.27	630.04	570.17	452.75	369.35	234.83
Property, Plant & Equipment	2,709	2,721	2,435	2,231	2,144	2,068
Long-Term Investments	78.01	73.28	20.23	15.85	15.61	15.03
Goodwill	37.57	37.57	37.57	37.57	37.57	37.57
Other Intangible Assets	5.47	17.69	18.12	16.07	9.04	10.14
Other Long-Term Assets	215.16	172.86	161.31	148.09	179.51	212.39
Total Assets	3,697	3,652	3,243	2,902	2,755	2,578
Accounts Payable	80.76	113.57	94.43	104.4	135.09	120.62
Accrued Expenses	26.05	36.95	44.27	37.92	34.31	29.41
Short-Term Debt	58.85	69.62	81.42	8.2	91.16	81
Current Portion of Long-Term Debt	-	-	-	-	29.98	140.09
Current Portion of Leases	-	4.78	5.76	5.07	4.17	4.48
Current Income Taxes Payable	19.8	17.31	26.59	19.34	19.25	18.83
Other Current Liabilities	62.95	67.57	57.29	62.71	73.74	42.36
Total Current Liabilities	248.42	309.79	309.76	237.64	387.7	436.79
Long-Term Debt	993.51	943.73	824.06	823.82	734.01	624.43
Long-Term Leases	-	23.57	11.26	13.88	15.31	15.31
Long-Term Deferred Tax Liabilities	414.9	413.12	388.47	368.7	334.37	305.5
Other Long-Term Liabilities	253.09	222.61	193.94	160.13	152.21	143.94
Total Liabilities	1,979	1,984	1,800	1,684	1,764	1,707
Common Stock	209.37	209.14	208.55	208.16	207.76	207.35
Additional Paid-In Capital	431.42	429.09	426.96	423.03	419.76	414.25
Retained Earnings	1,076	1,030	806.34	585.21	369.78	257.88
Comprehensive Income & Other	0.73	0.53	1.15	0.92	-6.52	-8.51
Shareholders' Equity	1,717	1,668	1,443	1,217	990.78	870.97
Total Liabilities & Equity	3,697	3,652	3,243	2,902	2,755	2,578
Total Debt	1,052	1,042	922.5	850.97	874.64	865.31
Net Cash (Debt)	-767.55	-747.04	-692.12	-731.98	-873.1	-864.15
Net Cash Per Share	-18.24	-17.76	-16.46	-17.46	-20.88	-21.13
Filing Date Shares Outstanding	41.9	41.83	41.71	41.63	41.61	41.51
Total Common Shares Outstanding	41.87	41.83	41.71	41.63	41.55	41.47
Working Capital	402.85	320.25	260.41	215.12	-18.35	-201.95
Book Value Per Share	41.01	39.89	34.60	29.24	23.84	21.00
Tangible Book Value	1,674	1,613	1,387	1,164	944.16	823.25
Tangible Book Value Per Share	39.98	38.57	33.26	27.95	22.72	19.85
Land	-	13.58	13.6	13.65	13.65	5.9
Buildings	-	88.68	64.75	61.51	56.91	55.44
Machinery	3,215	3,441	3,223	3,063	2,962	2,729
Construction In Progress	243.25	272.43	175.27	129.1	91.54	212.37

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q