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Otter Tail Corporation engages in electric, manufacturing, and plastics business. The Company's Electric segment produces, transmits, distributes, and sells electric energy. Otter Tail Corporation's Manufacturing segment stamps, fabricates, welds, paints, and laser cuts metal components and parts. This segment also manufactures and sells thermoformed products. The Company's Plastics segment manufactures and sells polyvinyl chloride pipes.

TypePublic
Founded1907
HQFergus Falls, US
Websiteottertail.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2017)682
Job Openings75
Revenue (FY, 2017)$849.4 M(+6%)
Share Price (Mar 2019)$50.2

Key People/Management at Otter Tail

Charles S. MacFarlane

Charles S. MacFarlane

President and Chief Executive Officer
Kevin G. Moug

Kevin G. Moug

Chief Financial Officer and Senior Vice President
John S. Abbott

John S. Abbott

Senior Vice President, Manufacturing Platform; President, Varistar
Paul L. Knutson

Paul L. Knutson

Vice President, Human Resources
Jennifer O. Smestad

Jennifer O. Smestad

Vice President, General Counsel, and Corporate Secretary
Stephanie A. Hoff

Stephanie A. Hoff

Director, Corporate Communications
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Otter Tail Office Locations

Otter Tail has offices in Fergus Falls, Washington, New York, Fargo and in 2 other locations
Fergus Falls, US (HQ)
215 S Cascade St
Clearwater, US
Clearwater, FL, USA
Detroit, US
Detroit, MI, USA
Fargo, US
4334 18th Ave S #9156
New York, US
New York, NY, USA
Washington, US
Washington, DC, USA
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Otter Tail Financials and Metrics

Otter Tail Revenue

Otter Tail's revenue was reported to be $849.35 m in FY, 2017
USD

Net income (FY, 2018)

82.3m

EBIT (FY, 2018)

129.4m

Market capitalization (18-Mar-2019)

2.0b

Closing stock price (18-Mar-2019)

50.2

Cash (31-Dec-2018)

861.0k

EV

2.0b
Otter Tail's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

893.3m799.3m779.8m803.5m849.4m

Revenue growth, %

(11%)(2%)3%

Cost of goods sold

295.0m295.2m316.6m

Gross profit

484.8m508.3m532.8m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

188.2m200.0m206.2m203.5m197.2m214.1m212.1m216.5m241.3m226.3m227.7m

Cost of goods sold

75.0m78.4m72.6m80.9m75.4m75.3m84.0m86.2m88.8m93.5m93.4m

Gross profit

113.2m121.6m133.6m122.5m121.8m138.8m128.1m130.2m152.5m132.8m134.3m

Gross profit Margin, %

60%61%65%60%62%65%60%60%63%59%59%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.2m2.0m16.2m861.0k

Accounts Receivable

9.2m

Inventories

72.7m85.2m85.4m83.7m88.0m106.3m

Current Assets

250.6m307.1m206.7m208.0m239.1m241.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

50.9m57.7m59.3m62.3m72.4m82.3m

Depreciation and Amortization

59.9m58.1m60.4m73.4m72.5m74.7m

Inventories

(3.3m)(13.0m)2.0m1.9m(4.3m)(18.2m)

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

38.2m21.4m31.4m47.2m17.9m29.4m44.8m14.5m30.2m44.8m19.6m36.4m54.1m26.2m44.9m68.2m

Depreciation and Amortization

44.8m14.8m29.7m44.9m14.5m29.2m44.3m18.3m36.8m55.1m17.9m35.8m53.7m18.8m37.5m56.2m

Inventories

(3.3m)(9.2m)(10.1m)(6.3m)688.0k3.4m5.7m6.0k4.2m4.8m2.3m(3.5m)4.8m35.0k(2.4m)(6.6m)

Cash From Operating Activities

93.4m(19.1m)4.2m47.0m(8.3m)41.8m70.2m22.6m64.2m114.7m21.2m69.3m114.1m4.6m53.4m100.9m
USDY, 2018

EV/EBIT

15.4 x

EV/CFO

13.9 x

EV/FCF

52.4 x
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Otter Tail Online and Social Media Presence

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Otter Tail News and Updates

Otter Tail Corporation Reports a 13.2 Percent Increase in 2018 Diluted Earnings per Share to $2.06, Increases Quarterly Dividend 4.5 Percent, Provides 2019 Earnings Guidance of $2.10 to $2.25 per Share

FERGUS FALLS, Minn., Feb. 18, 2019 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) today announced financial results for the year ended December 31, 2018.

Otter Tail Corporation Increases Quarterly Dividend

FERGUS FALLS, Minn., Feb. 05, 2019 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) announced today the Board of Directors increased the company’s quarterly common stock dividend to $0.35 per share. The increase brings the annual indicated dividend rate to $1.40 per share, a $.06 increase…

Otter Tail Corporation Will Host Conference Call on 2018 Financial Results

FERGUS FALLS, Minn., Jan. 21, 2019 (GLOBE NEWSWIRE) -- Otter Tail Corporation will issue a news release announcing 2018 earnings results after market close on Monday, February 18, 2019 and will host a live conference call and webcast on Tuesday, February 19, 2019 at 10:00 a.m. CT to discuss the co…

Otter Tail Corporation Announces Third Quarter Earnings

Raises Low End of 2018 Earnings Per Share Guidance, Narrowing Range to $2.00-2.10 from $1.95-2.10 

Otter Tail Corporation Will Host Conference Call on Third Quarter 2018 Financial Results

FERGUS FALLS, Minn., Oct. 29, 2018 (GLOBE NEWSWIRE) -- Otter Tail Corporation (NASDAQ: OTTR) will issue a news release announcing third quarter 2018 earnings results after market close on Monday, November 5, 2018, and will host a live conference call and webcast on Tuesday, November 6, 2018, at 10…

Otter Tail Corporation Will Host Conference Call on Second Quarter 2018 Financial Results

FERGUS FALLS, Minn., July 30, 2018 (GLOBE NEWSWIRE) -- Otter Tail Corporation (Nasdaq:OTTR) will issue a news release announcing second quarter 2018 earnings results after market close on Monday, August 6, 2018, and will host a live conference call and webcast on Tuesday, August 7, 2018, at 10:00 …
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Otter Tail Frequently Asked Questions

  • When was Otter Tail founded?

    Otter Tail was founded in 1907.

  • Who are Otter Tail key executives?

    Otter Tail's key executives are Charles S. MacFarlane, Kevin G. Moug and John S. Abbott.

  • How many employees does Otter Tail have?

    Otter Tail has 682 employees.

  • Who are Otter Tail competitors?

    Competitors of Otter Tail include Molded Fiber Glass Companies, Captain O-Ring and Degreasing Devices.

  • Where is Otter Tail headquarters?

    Otter Tail headquarters is located at 215 S Cascade St, Fergus Falls.

  • Where are Otter Tail offices?

    Otter Tail has offices in Fergus Falls, Washington, New York, Fargo and in 2 other locations.

  • How many offices does Otter Tail have?

    Otter Tail has 6 offices.