Diversified holding company combining a regulated Midwest electric utility with plastics and metal-fabrication manufacturing.
Diversified holding company combining a regulated Midwest electric utility with plastics and metal-fabrication manufacturing.
Its regulated utility earns a return set by state regulators on the assets invested, so growth comes from capital spending approved in rate cases. The plastics unit, selling PVC pipe, has in some years earned as much as the utility, with results swinging on resin costs and construction demand. Metal fabrication adds a cyclical industrial line.
Moat: narrow (regulatory licence, scale). Regulated utility gives stable base returns; manufacturing units ride cyclical construction/industrial demand.
Headquarters: Fergus Falls, Minnesota, US · Founded: 1907 · Employees: 2,198
Size Otter Tail (OTTR) is a United States Utilities company (Electric Utilities) with a market value of $3.29B, the 1482nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $78.44 on 6 Nov 2026.
Performance Over six months the shares fell 10.9%, against -7.2% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 0.8% over the last twelve months (peer median -0.5%); the operating margin is 22.6% (peer median 12.6%).
Valuation It trades at 14.6× forward earnings against a peer median of 10.5× (8th most expensive of 19).
Capital Return on invested capital runs 1.7 points above its cost of capital (6.5% WACC).
Short interest Short interest is 11.4% of the free float (15 Oct 2026).
Next results Next results expected around 15 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.31B | $1.30B | $1.33B | $1.35B | $1.46B |
| Revenue growth | — | -2% | -1% | -8% | — |
| Gross profit | $315M | $361M | $399M | $395M | $408M |
| EBITDA | $417M | $462M | $491M | $476M | $483M |
| Net income | $176M | $276M | $302M | $294M | $284M |
| Free cash flow | -$121M | $97.9M | $94.1M | $117M | $218M |
| Capital expenditure | $584M | $298M | $420M | $296M | $179M |
| Total debt | $1.24B | $1.13B | $1.04B | $922M | $851M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Otter Tail OTTR | $3.29B | -11% | +1% | 23% | 14.6× | n/a |
| MDU Resources MDU | $3.92B | -17% | -30% | 17% | 18.9× | n/a |
| NorthWestern Energy NWE | $5.09B | +14% | +11% | 19% | 20.6× | n/a |
| Black Hills BKH | $6.47B | +13% | +3% | 24% | 18.2× | n/a |
| Avista AVA | $3.37B | -1% | -1% | 19% | 15.0× | n/a |
| MGE Energy MGEE | $3.03B | +9% | +8% | 23% | 19.0× | n/a |
| Xcel Energy XEL | $51.1B | +1% | +4% | 22% | 18.1× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | OTTR | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.2% | -2.1% | 3rd lowest of 21 |
| 6-month return | -10.9% | -7.2% | 10th lowest of 21 |
| Distance from 52-week high | -17.5% | -23.9% | 8th highest of 21 |
| Revenue growth (TTM) | +0.8% | -0.5% | 10th highest of 21 |
| Operating margin | 22.6% | 12.6% | 5th highest of 19 |
| Forward P/E | 14.6× | 10.5× | 8th most expensive of 19 |
| ROIC minus cost of capital | +1.7 pp | -1.2 pp | 4th highest of 19 |
| EV / EBITDA | 10.1× | 10.5× | 6th cheapest of 13 |
| Net debt / EBITDA | 2.2× | 4.1× | 4th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Otter Tail OTTR | United States | $3.29B | -11% | +1% | 23% | 14.6× | n/a | n/a |
| GCL Energy Technology 002015.SZ | China | $3.27B | -24% | -3% | 15% | 21.5× | n/a | n/a |
| GEPIC Energy Development 000791.SZ | China | $3.23B | -18% | -30% | 40% | 10.2× | -7.8% | +32.3% |
| Avista AVA | United States | $3.37B | -1% | -1% | 19% | 15.0× | n/a | n/a |
| NLC India NLCINDIA.NS | India | $3.50B | -28% | +17% | 18% | 9.9× | n/a | n/a |
| Iren IRE.MI | Italy | $3.54B | -9% | -8% | 9% | 10.6× | 5.5% | +12.0% |
| Guangzhou Development 600098.SS | China | $3.56B | -3% | +4% | 4% | 14.9× | -1.0% | +9.9% |
| MGE Energy MGEE | United States | $3.03B | +9% | +8% | 23% | 19.0× | n/a | n/a |
| CECEP Wind-Power 601016.SS | China | $3.00B | -28% | -8% | 24% | 30.7× | 2.0% | +11.0% |
| Kenon KEN | United States | $2.99B | -35% | +53% | 8% | n/a | n/a | n/a |
| Guangdong Electric Power Development 000539.SZ | China | $3.64B | -21% | +8% | -1% | n/a | 9.8% | +8.9% |
| China Southern Power Grid Energy Efficiency & Clean Energy 003035.SZ | China | $2.89B | -31% | +10% | 18% | 39.1× | 11.6% | +12.9% |
| Pampa Energia SA Sponsored ADR PAM | United States | $3.78B | -19% | +29% | 21% | 7.4× | n/a | n/a |
| Enea ENA.WA | Poland | $2.80B | -3% | -11% | n/a | 4.4× | -7.7% | +9.1% |
| Drax DRX.L | United Kingdom | $3.88B | 0% | -8% | 9% | 10.4× | -0.2% | +4.8% |
| Tohoku Electric Power 9506.T | Japan | $3.89B | +13% | +17% | 3% | 4.9× | n/a | n/a |
| TAURON Polska Energia TPE.WA | Poland | $4.02B | -6% | 0% | n/a | 6.1× | 17.0% | +10.4% |
| TransAlta TA.TO | Canada | $4.15B | +5% | -12% | 8% | 49.9× | 21.9% | +4.1% |
| Tokyo Elec Power Co Hldgs 9501.T | Japan | $4.17B | -31% | -2% | 1% | 3.7× | n/a | n/a |
| AGL Energy AGL.AX | Australia | $4.21B | -3% | -6% | 11% | 10.5× | n/a | n/a |
| Northland Power NPI.TO | Canada | $4.22B | -4% | +15% | 34% | 14.3× | -1.7% | +3.4% |