Otter Tail Corporation
Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontine… Read more
Otter Tail Corporation (OTTR) - Net Assets
Latest net assets as of September 2025: $1.83 Billion USD
Based on the latest financial reports, Otter Tail Corporation (OTTR) has net assets worth $1.83 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.84 Billion) and total liabilities ($2.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.83 Billion |
| % of Total Assets | 47.65% |
| Annual Growth Rate | 7.06% |
| 5-Year Change | 91.57% |
| 10-Year Change | 175.77% |
| Growth Volatility | 8.76 |
Otter Tail Corporation - Net Assets Trend (1994–2024)
This chart illustrates how Otter Tail Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Otter Tail Corporation (1994–2024)
The table below shows the annual net assets of Otter Tail Corporation from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.67 Billion | +15.63% |
| 2023-12-31 | $1.44 Billion | +18.54% |
| 2022-12-31 | $1.22 Billion | +22.86% |
| 2021-12-31 | $990.78 Million | +13.76% |
| 2020-12-31 | $870.97 Million | +11.45% |
| 2019-12-31 | $781.48 Million | +7.22% |
| 2018-12-31 | $728.86 Million | +4.59% |
| 2017-12-31 | $696.89 Million | +4.00% |
| 2016-12-31 | $670.10 Million | +10.76% |
| 2015-12-31 | $605.02 Million | +5.63% |
| 2014-12-31 | $572.77 Million | +7.09% |
| 2013-12-31 | $534.83 Million | -0.49% |
| 2012-12-31 | $537.47 Million | -5.95% |
| 2011-12-31 | $571.45 Million | -9.56% |
| 2010-12-31 | $631.86 Million | -8.19% |
| 2009-12-31 | $688.22 Million | -0.48% |
| 2008-12-31 | $691.52 Million | +28.50% |
| 2007-12-31 | $538.15 Million | +6.03% |
| 2006-12-31 | $507.52 Million | +5.47% |
| 2005-12-31 | $481.19 Million | +8.20% |
| 2004-12-31 | $444.71 Million | +27.28% |
| 2003-12-31 | $349.39 Million | +6.21% |
| 2002-12-31 | $328.96 Million | +11.59% |
| 2001-12-31 | $294.81 Million | +0.66% |
| 2000-12-31 | $292.88 Million | +4.90% |
| 1999-12-31 | $279.20 Million | +5.80% |
| 1998-12-31 | $263.90 Million | +5.98% |
| 1997-12-31 | $249.00 Million | +7.33% |
| 1996-12-31 | $232.00 Million | +4.04% |
| 1995-12-31 | $223.00 Million | +3.53% |
| 1994-12-31 | $215.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Otter Tail Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1039.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.03 Billion | 61.72% |
| Common Stock | $209.14 Million | 12.53% |
| Other Comprehensive Income | $532.00K | 0.03% |
| Other Components | $429.09 Million | 25.72% |
| Total Equity | $1.67 Billion | 100.00% |
Otter Tail Corporation Competitors by Market Cap
The table below lists competitors of Otter Tail Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Entain Plc
PINK:GMVHF
|
$3.59 Billion |
|
Henderson Land Development
PINK:HLDCY
|
$3.60 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
$3.60 Billion |
|
FIRST FIN. BANKSHS DL-01
F:FI6
|
$3.60 Billion |
|
Bank of Suzhou
SHE:002966
|
$3.59 Billion |
|
ENSTAR GROUP LTD DL-01
F:48R
|
$3.59 Billion |
|
Granite Real Estate Investment Trust
NYSE:GRP-UN
|
$3.59 Billion |
|
Enstar Group Limited
NASDAQ:ESGR
|
$3.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Otter Tail Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,443,006,000 to 1,668,499,000, a change of 225,493,000 (15.6%).
- Net income of 301,662,000 contributed positively to equity growth.
- Dividend payments of 78,266,000 reduced retained earnings.
- Share repurchases of 6,457,000 reduced equity.
- Other comprehensive income decreased equity by 616,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $301.66 Million | +18.08% |
| Dividends Paid | $78.27 Million | -4.69% |
| Share Repurchases | $6.46 Million | -0.39% |
| Other Comprehensive Income | $-616.00K | -0.04% |
| Other Changes | $9.17 Million | +0.55% |
| Total Change | $- | 15.63% |
Book Value vs Market Value Analysis
This analysis compares Otter Tail Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.07x to 2.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $9.63 | $87.41 | x |
| 1995-12-31 | $9.97 | $87.41 | x |
| 1996-12-31 | $10.34 | $87.41 | x |
| 1997-12-31 | $10.61 | $87.41 | x |
| 1998-12-31 | $11.11 | $87.41 | x |
| 1999-12-31 | $11.71 | $87.41 | x |
| 2000-12-31 | $10.84 | $87.41 | x |
| 2001-12-31 | $10.84 | $87.41 | x |
| 2002-12-31 | $12.47 | $87.41 | x |
| 2003-12-31 | $13.56 | $87.41 | x |
| 2004-12-31 | $16.95 | $87.41 | x |
| 2005-12-31 | $16.40 | $87.41 | x |
| 2006-12-31 | $17.11 | $87.41 | x |
| 2007-12-31 | $17.96 | $87.41 | x |
| 2008-12-31 | $21.83 | $87.41 | x |
| 2009-12-31 | $19.27 | $87.41 | x |
| 2010-12-31 | $17.66 | $87.41 | x |
| 2011-12-31 | $15.91 | $87.41 | x |
| 2012-12-31 | $14.83 | $87.41 | x |
| 2013-12-31 | $14.71 | $87.41 | x |
| 2014-12-31 | $15.58 | $87.41 | x |
| 2015-12-31 | $16.06 | $87.41 | x |
| 2016-12-31 | $17.30 | $87.41 | x |
| 2017-12-31 | $17.53 | $87.41 | x |
| 2018-12-31 | $18.27 | $87.41 | x |
| 2019-12-31 | $19.56 | $87.41 | x |
| 2020-12-31 | $21.29 | $87.41 | x |
| 2021-12-31 | $23.69 | $87.41 | x |
| 2022-12-31 | $29.03 | $87.41 | x |
| 2023-12-31 | $34.33 | $87.41 | x |
| 2024-12-31 | $39.66 | $87.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Otter Tail Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.67%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.19x
- Recent ROE (18.08%) is above the historical average (11.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 13.23% | 9.91% | 0.50x | 2.69x | $6.96 Million |
| 1995 | 12.96% | 8.79% | 0.54x | 2.73x | $6.60 Million |
| 1996 | 12.93% | 8.29% | 0.55x | 2.85x | $6.80 Million |
| 1997 | 12.97% | 8.19% | 0.60x | 2.63x | $7.40 Million |
| 1998 | 13.07% | 8.00% | 0.66x | 2.48x | $8.11 Million |
| 1999 | 16.12% | 9.69% | 0.68x | 2.44x | $17.08 Million |
| 2000 | 13.73% | 7.19% | 0.77x | 2.47x | $10.94 Million |
| 2001 | 14.79% | 6.67% | 0.84x | 2.65x | $14.12 Million |
| 2002 | 14.02% | 6.50% | 0.81x | 2.67x | $13.23 Million |
| 2003 | 11.35% | 5.26% | 0.76x | 2.82x | $4.72 Million |
| 2004 | 9.49% | 4.78% | 0.78x | 2.55x | $-2.28 Million |
| 2005 | 13.00% | 5.98% | 0.89x | 2.46x | $14.43 Million |
| 2006 | 10.07% | 4.63% | 0.88x | 2.48x | $359.50K |
| 2007 | 10.03% | 4.36% | 0.85x | 2.70x | $146.30K |
| 2008 | 5.08% | 2.68% | 0.77x | 2.45x | $-34.03 Million |
| 2009 | 3.78% | 2.50% | 0.59x | 2.55x | $-42.79 Million |
| 2010 | -0.21% | -0.12% | 0.63x | 2.80x | $-64.53 Million |
| 2011 | -2.32% | -1.23% | 0.63x | 2.98x | $-70.39 Million |
| 2012 | -0.98% | -0.61% | 0.54x | 2.98x | $-59.02 Million |
| 2013 | 9.51% | 5.69% | 0.57x | 2.94x | $-2.62 Million |
| 2014 | 10.08% | 7.22% | 0.45x | 3.13x | $446.40K |
| 2015 | 9.81% | 7.61% | 0.43x | 3.01x | $-1.16 Million |
| 2016 | 9.30% | 7.76% | 0.42x | 2.85x | $-4.69 Million |
| 2017 | 10.39% | 8.53% | 0.42x | 2.88x | $2.75 Million |
| 2018 | 11.30% | 8.99% | 0.45x | 2.82x | $9.46 Million |
| 2019 | 11.11% | 9.44% | 0.40x | 2.91x | $8.70 Million |
| 2020 | 11.01% | 10.77% | 0.35x | 2.96x | $8.75 Million |
| 2021 | 17.84% | 14.77% | 0.43x | 2.78x | $77.69 Million |
| 2022 | 23.35% | 19.46% | 0.50x | 2.38x | $162.45 Million |
| 2023 | 20.39% | 21.81% | 0.42x | 2.25x | $149.89 Million |
| 2024 | 18.08% | 22.67% | 0.36x | 2.19x | $134.81 Million |
Industry Comparison
This section compares Otter Tail Corporation's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Otter Tail Corporation (OTTR) | $1.83 Billion | 13.23% | 1.10x | $3.59 Billion |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |