Otter Tail
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
18.9821.9220.7919.91
Price/Sales ratio
2.292.342.272.21
Earnings per Share (EPS)
$4.44$3.85$4.06$4.24

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
19.5816.8225.2324.2123.8723.4518.0916.768.5912.1310.2523.45
Price/Sales ratio
1.411.281.952.062.142.211.942.471.672.642.332.14
Price/Book Value ratio
1.971.652.342.512.692.601.992.992.002.471.912.60
Price/Cash Flow ratio
10.058.499.6210.1013.7011.018.1812.816.278.827.6411.01
Price/Free Cash Flow ratio
-22.11-23.46739.3943.1351.69-91.24-10.8649.8711.1930.4134.08-91.24
Price/Earnings Growth ratio
1.43N/A9.961.781.834.432.470.200.143.6015.281.83
Dividend Yield
3.91%4.62%3.06%2.88%2.70%2.73%3.47%2.18%2.81%2.04%2.50%2.73%
Profitability Indicator Ratios
Gross Profit Margin
25.47%26.87%29.75%30.25%29.59%24.87%33.92%35.43%39.06%41.88%36.60%29.59%
Operating Profit Margin
12.45%14.00%13.82%14.85%14.11%14.66%16.61%20.86%26.73%28.01%28.58%14.11%
Pretax Profit Margin
9.18%10.28%10.21%11.67%10.57%11.34%13.03%17.78%24.48%26.94%27.78%10.57%
Net Profit Margin
7.22%7.61%7.75%8.52%8.98%9.44%10.76%14.76%19.46%21.80%22.70%8.98%
Effective Tax Rate
22.54%26.97%24.45%27.27%15.04%16.72%17.41%16.94%20.51%19.06%18.31%15.04%
Return on Assets
3.22%3.25%3.25%3.61%4.01%3.81%3.71%6.41%9.79%9.07%8.53%4.01%
Return On Equity
10.07%9.80%9.30%10.39%11.29%11.11%11.00%17.84%23.34%20.38%19.84%11.29%
Return on Capital Employed
6.26%7.04%6.54%7.21%6.87%6.47%6.90%10.54%14.65%12.88%11.73%6.87%
Liquidity Ratios
Current Ratio
1.520.760.960.931.411.340.53N/AN/AN/A2.171.41
Quick Ratio
1.100.440.570.580.790.820.320.561.291.351.650.79
Cash ratio
N/A0.480.020.060.000.110.000.000.500.740.930.00
Days of Sales Outstanding
41.7143.9543.0742.9044.1839.2446.7353.3536.0942.5150.6744.18
Days of Inventory outstanding
52.2054.6754.1454.2460.1151.7057.2070.1359.8769.6965.7460.11
Operating Cycle
93.9298.6397.2297.14104.3090.94103.93123.4995.96112.20116.42104.30
Days of Payables Outstanding
65.5757.2957.7752.1754.4663.8174.8663.8042.8243.9638.1363.81
Cash Conversion Cycle
28.3541.3439.4444.9749.8327.1229.0759.6853.1368.2478.2849.83
Debt Ratios
Debt Ratio
0.280.310.300.300.290.300.320.310.280.270.280.30
Debt Equity Ratio
0.880.950.860.860.830.890.970.860.680.620.610.89
Long-term Debt to Capitalization
0.460.420.420.410.440.460.410.420.400.360.360.46
Total Debt to Capitalization
0.470.480.460.460.450.470.490.460.400.380.380.47
Interest Coverage Ratio
3.353.503.484.264.254.294.29N/AN/AN/A9.444.25
Cash Flow to Debt Ratio
0.220.200.280.280.230.260.250.270.460.440.400.23
Company Equity Multiplier
3.123.002.852.872.812.902.962.782.382.242.182.90
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.140.150.200.200.150.200.230.190.260.290.300.15
Free Cash Flow / Operating Cash Flow Ratio
-0.45-0.360.010.230.26-0.12-0.750.250.560.290.22-0.12
Cash Flow Coverage Ratio
0.220.200.280.280.230.260.250.270.460.440.400.23
Short Term Coverage Ratio
10.170.882.141.547.6429.920.951.9047.454.966.0629.92
Dividend Payout Ratio
76.67%77.88%77.41%69.89%64.60%64.16%62.92%36.69%24.19%24.83%25.26%64.16%