Otter Tail Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	386.19	294.65	230.37	119	1.54
Short-Term Investments	54.31	0.75	-	-	-
Cash & Short-Term Investments	440.5	295.4	230.37	119	1.54
Cash Growth	49.12%	28.23%	93.60%	7642.10%	32.16%
Accounts Receivable	133.4	132.17	148.06	134.41	164.36
Other Receivables	12.09	13.8	9.08	9.98	10.59
Receivables	145.5	145.96	157.14	144.39	174.95
Inventory	158.6	148.89	149.7	145.95	148.49
Other Current Assets	55.13	39.79	32.95	43.41	44.37
Total Current Assets	799.73	630.04	570.17	452.75	369.35
Property, Plant & Equipment	2,903	2,721	2,435	2,231	2,144
Long-Term Investments	29.57	73.28	20.23	15.85	15.61
Goodwill	37.57	37.57	37.57	37.57	37.57
Other Intangible Assets	17.85	17.69	18.12	16.07	9.04
Other Long-Term Assets	176.27	172.86	161.31	148.09	179.51
Total Assets	3,964	3,652	3,243	2,902	2,755
Accounts Payable	93.61	113.57	94.43	104.4	135.09
Accrued Expenses	38.84	36.95	44.27	37.92	34.31
Short-Term Debt	60.24	69.62	81.42	8.2	91.16
Current Portion of Long-Term Debt	79.95	-	-	-	29.98
Current Portion of Leases	5.04	4.78	5.76	5.07	4.17
Current Income Taxes Payable	18.46	17.31	26.59	19.34	19.25
Other Current Liabilities	54.82	67.57	57.29	62.71	73.74
Total Current Liabilities	350.96	309.79	309.76	237.64	387.7
Long-Term Debt	963.57	943.73	824.06	823.82	734.01
Long-Term Leases	21.85	23.57	11.26	13.88	15.31
Pension & Post-Retirement Benefits	73.38	70.76	72.08	80.19	140.45
Long-Term Deferred Tax Liabilities	445.67	413.12	388.47	368.7	334.37
Other Long-Term Liabilities	247.11	222.61	193.94	160.13	152.21
Total Liabilities	2,103	1,984	1,800	1,684	1,764
Common Stock	209.53	209.14	208.55	208.16	207.76
Additional Paid-In Capital	434.2	429.09	426.96	423.03	419.76
Retained Earnings	1,218	1,030	806.34	585.21	369.78
Comprehensive Income & Other	0.47	0.53	1.15	0.92	-6.52
Shareholders' Equity	1,862	1,668	1,443	1,217	990.78
Total Liabilities & Equity	3,964	3,652	3,243	2,902	2,755
Total Debt	1,131	1,042	922.5	850.97	874.64
Net Cash (Debt)	-690.15	-746.29	-692.12	-731.98	-873.1
Net Cash Per Share	-16.39	-17.74	-16.46	-17.46	-20.88
Filing Date Shares Outstanding	41.95	41.83	41.71	41.63	41.61
Total Common Shares Outstanding	41.91	41.83	41.71	41.63	41.55
Working Capital	448.77	320.25	260.41	215.12	-18.35
Book Value Per Share	44.43	39.89	34.60	29.24	23.84
Tangible Book Value	1,806	1,613	1,387	1,164	944.16
Tangible Book Value Per Share	43.10	38.57	33.26	27.95	22.72
Land	13.58	13.58	13.6	13.65	13.65
Buildings	114.38	88.68	64.75	61.51	56.91
Machinery	3,648	3,441	3,223	3,063	2,962
Construction In Progress	246.37	272.43	175.27	129.1	91.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.