← Otter Tail Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $62.3m |
$72.4m
+16.24%
|
$82.3m
+13.67%
|
$86.8m
+5.47%
|
$95.9m
+10.37%
|
$176.8m
+84.42%
|
$284.2m
+60.77%
|
$294.2m
+3.52%
|
$301.7m
+2.54%
|
$275.9m
-8.54%
|
— | |
| Depreciation, Depletion and Amortization | $73.4m | $72.5m | $74.7m | $78.1m | $82.0m | $91.4m | $92.6m | $98.0m | $107.1m | $118.1m | $120.1m | |
| Amortization of Intangible Assets | $1.4m | $1.3m | $1.3m | $1.2m | $1.1m | $1.1m | $1.1m | $1.1m | $1.1m | $1.1m | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | $1.3m | $3.0m | $4.3m | — | |
| Depreciation | — | — | — | — | $78.6m | $85.8m | $84.4m | $90.8m | $99.4m | $116.0m | $120.1m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $92.6m | $98.0m | $107.1m | $118.1m | $120.1m | |
| Deferred Income Tax Expense (Benefit) | $19.1m | $24.0m | $19.2m | $11.5m | $15.2m | $28.9m | $32.4m | $13.5m | $23.1m | $33.2m | $8.0m | |
| Deferred Income Tax | — | — | — | — | — | — | $31.7m | $12.8m | $22.9m | $32.5m | $8.0m | |
| Deferred Tax | — | — | — | — | — | — | $31.7m | $12.8m | $22.9m | $32.5m | $8.0m | |
| Share-based Payment Arrangement, Noncash Expense | $3.2m | $3.6m | $4.4m | $6.0m | $6.3m | $6.9m | $6.8m | $7.8m | $9.5m | $9.1m | $10.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $1.5m | $2.9m | $3.1m | $6.5m | $3.1m | — | |
| Nonoperating Income (Expense) | $2.9m | $2.6m | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $3.5m | $5.1m | $6.1m | $2.9m | $2.0m | $12.7m | $18.8m | $20.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($7.8m) | ($518k) | $20.1m | ($38.9m) | ($13.6m) | |
| Change In Receivables | — | — | — | — | — | — | $30.6m | ($12.8m) | $11.2m | $468k | ($18.2m) | |
| Increase (Decrease) in Inventories | ($1.9m) | $4.3m | $18.2m | ($8.4m) | ($5.7m) | $54.3m | ($5.3m) | $2.5m | ($3.7m) | $4.8m | ($15.2m) | |
| Change In Inventory | — | — | — | — | — | — | $5.3m | ($2.5m) | $3.7m | ($4.8m) | ($15.2m) | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | $38.7m | ($29.8m) | ($10.0m) | $14.8m | ($24.1m) | $14.6m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($35.3m) | ($10.0m) | $4.5m | ($16.9m) | $14.6m | |
| Change In Accrued Expense | — | — | — | — | — | — | ($5.5m) | $6k | ($10.4m) | $7.3m | $12.3m | |
| Increase (Decrease) in Other Operating Assets | $2.5m | $3.1m | $754k | ($2.9m) | $573k | $14.1m | $368k | ($2.8m) | $11.6m | $3.7m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($2.8m) | $15.3m | ($6.4m) | ($14.5m) | ($26.2m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($6.8m) | $21.0m | $16.8m | $2.2m | $22.7m | |
| Net Cash Provided by (Used in) Operating Activities | $163.4m |
$173.6m
+6.24%
|
$143.4m
-17.36%
|
$185.0m
+28.99%
|
$211.9m
+14.53%
|
$231.2m
+9.12%
|
$389.3m
+68.35%
|
$404.5m
+3.90%
|
$452.7m
+11.92%
|
$386.0m
-14.74%
|
$409.3m
+6.04%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $161.3m | $132.9m | $105.4m | $207.4m | $371.6m | $171.8m | ($171.1m) | ($287.1m) | ($358.6m) | ($288.1m) | ($488.6m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $7.2m | $5.5m | $6.7m | ($6.8m) | |
| Net Other Investing Changes | — | — | — | — | — | — | $4.3m | $6.2m | $8.8m | $6.9m | $9.3m | |
| Net Cash Provided by (Used in) Investing Activities | ($159.3m) | ($132.6m) | ($107.4m) | ($209.5m) | ($375.7m) | ($171.5m) | ($175.1m) | ($289.3m) | ($411.4m) | ($290.7m) | ($490.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $87.5m | $48.2m | $189k | $172k | $182k | $140.2m | $30.0m | $0 | $0 | — | $0 | |
| Proceeds from Issuance of Long-term Debt | $130.0m | — | $100.0m | $100.0m | $75.0m | $140.0m | $90.0m | $0 | $120.0m | $100.0m | $170.0m | |
| Issuance Of Debt | — | — | — | — | — | — | $90.0m | $0 | $120.0m | $100.0m | $170.0m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $90.0m | $0 | $120.0m | $100.0m | $170.0m | |
| Long Term Debt Payments | — | — | — | — | — | ($140.2m) | ($30.0m) | $0 | $0 | — | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($23.0m) | $73.2m | $108.2m | $90.6m | $223.8m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($83.0m) | $73.2m | ($11.8m) | ($9.4m) | $53.8m | |
| Repayment Of Debt | — | — | — | — | — | ($140.2m) | ($30.0m) | $0 | $0 | — | $0 | |
| Payments for Repurchase of Common Stock | $104k | $1.8m | $3.0m | $2.7m | $2.1m | — | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $44.4m | $4.3m | — | $20.3m | $52.4m | $696k | $0 | $0 | — | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($68.8m) | ($73.1m) | ($78.3m) | ($88.1m) | ($92.6m) | |
| Common Stock Issuance | — | — | — | — | — | $696k | $0 | $0 | — | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($2.9m) | ($3.1m) | ($6.5m) | ($3.1m) | ($4.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $696k | $0 | $0 | — | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($2.9m) | ($3.1m) | ($6.5m) | ($3.1m) | ($4.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($2.9m) | ($3.1m) | ($6.5m) | ($3.1m) | ($4.0m) | |
| Dividends paid | — | — | — | $56 | $60 | $65 | $69 | $73 | $78 | $88 | ($92.6m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($68.8m) | ($73.1m) | ($78.3m) | ($88.1m) | ($92.6m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | ($3.7m) | ($2.1m) | ($904k) | ($549k) | ($3.1m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($2.1m) | ($904k) | ($549k) | ($3.1m) | ($1.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($4.1m) |
($24.8m)
-509.82%
|
($51.4m)
-107.44%
|
$44.8m
+187.13%
|
$143.7m
+220.94%
|
($59.4m)
-141.31%
|
($96.8m)
-63.04%
|
($3.8m)
+96.04%
|
$22.9m
+697.68%
|
($3.7m)
-116.23%
|
$125.6m
+3478.00%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($20.0m) | $374k | $117.5m | $111.4m | $64.3m | $91.5m | $351.9m | |
| Beginning Cash Position | — | — | — | — | — | — | $1.5m | $119.0m | $230.4m | $294.7m | $307.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $1.2m | $1.5m | $119.0m | $230.4m | $294.7m | $386.2m | $351.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $31.3m | $29.8m | $28.1m | $30.1m | $33.2m | $36.9m | $35.7m | $37.0m | $39.5m | $45.7m | — | |
| Income Taxes Paid, Net | ($1.3m) | $5.1m | $6.1m | $4.8m | $5.2m | $8.4m | $43.4m | $46.3m | $57.6m | $11.1m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $360k | $378k | $398k | $440k | $570k | $938k | $991k | $1.2m | $1.7m | $1.9m | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | $284k | $320k | — | — | — | — | — | — | — | — | — | |
| Goodwill | $37.6m | $37.6m | $37.6m | $37.6m | $37.6m | $37.6m | $37.6m | $37.6m | $37.6m | $37.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $62.0m | $72.1m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $284k | $320k | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $20.1m | $27.0m | $14.6m | $17.4m | $20.2m | $36.1m | $73.4m | $69.3m | $65.2m | $46.4m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $41.8m | $47.2m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | $1.5b | $1.3b | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($96.8m) | ($3.8m) | $22.9m | ($3.7m) | $125.6m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($175.1m) | ($289.3m) | ($411.4m) | ($290.7m) | ($490.3m) | |
| Change In Account Payable | — | — | — | — | — | — | ($29.8m) | ($10.0m) | $14.8m | ($24.1m) | $14.6m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $117.5m | $111.4m | $64.3m | $91.5m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $1.2m | ($11.6m) | ($9.6m) | ($5.5m) | ($3.6m) | |
| Change In Payable | — | — | — | — | — | — | ($29.8m) | ($10.0m) | $14.8m | ($24.1m) | $14.6m | |
| Changes In Cash | — | — | — | — | — | — | $117.5m | $111.4m | $64.3m | $91.5m | $44.6m | |
| End Cash Position | — | — | — | — | — | — | $119.0m | $230.4m | $294.7m | $386.2m | $351.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($96.8m) |
($3.8m)
+96.04%
|
$22.9m
+697.68%
|
($3.7m)
-116.23%
|
$125.6m
+3478.00%
|
|
| Free Cash Flow | — | — | — | — | — | — | $218.2m | $117.4m | $94.1m | $97.9m | ($79.3m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $3.3m | ($7.2m) | ($5.5m) | ($6.7m) | ($6.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($175.1m) | ($289.3m) | ($411.4m) | ($290.7m) | ($490.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($8.3m) | ($8.4m) | ($61.6m) | ($9.6m) | ($11.0m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($16.7m) | ($7.2m) | ($5.5m) | ($6.7m) | ($6.8m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($1.5m) | ($423k) | ($3.1m) | ($4.0m) | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | ($10.0m) | ($20.0m) | $0 | $0 | — | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($8.3m) | ($8.4m) | ($61.6m) | ($9.6m) | ($11.0m) | |
| Stock Based Compensation | — | — | — | — | — | — | $6.8m | $7.8m | $9.5m | $9.1m | $10.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.