Otter Tail Corporation (OTTR)

Otter Tail Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	286.16	301.66	294.19	284.18	176.77	95.85
Depreciation & Amortization	110.42	104.12	96.65	91.2	90.86	82.04
Other Amortization	3	3	1.3	1.4	0.5	-
Loss (Gain) From Sale of Investments	-5.11	-5.48	-7.22	3.3	-4.52	-
Stock-Based Compensation	10.1	9.53	7.75	6.81	6.91	6.28
Other Operating Activities	16.01	19.76	12.34	10.21	18.82	-1.06
Change in Accounts Receivable	11.12	11.18	-12.75	30.56	-60.99	-6.33
Change in Inventory	15.11	3.69	-2.45	5.34	-54.31	5.69
Change in Accounts Payable	-32.89	14.83	-9.99	-29.76	38.73	3.83
Change in Other Net Operating Assets	-25.27	-9.56	24.67	-13.92	18.49	25.62
Operating Cash Flow	388.65	452.73	404.5	389.31	231.24	211.92
Operating Cash Flow Growth	-12.36%	11.92%	3.90%	68.36%	9.12%	14.53%
Capital Expenditures	-307.36	-358.65	-287.13	-171.13	-171.83	-371.55
Investment in Securities	-9.49	-61.57	-8.38	-8.28	-9.38	-9.11
Other Investing Activities	6.52	8.85	6.23	4.35	9.7	5.01
Investing Cash Flow	-310.34	-411.37	-289.29	-175.07	-171.51	-375.65
Short-Term Debt Issued	-	-	73.22	-	10.17	75
Long-Term Debt Issued	-	120	-	90	140	75
Total Debt Issued	100	120	73.22	90	150.17	150
Short-Term Debt Repaid	-	-11.81	-	-82.96	-	-
Long-Term Debt Repaid	-	-	-	-30	-140.17	-0.18
Total Debt Repaid	-12.81	-11.81	-	-112.96	-140.17	-0.18
Net Debt Issued (Repaid)	87.19	108.19	73.22	-22.96	10	149.82
Issuance of Common Stock	-	-	-	-	0.7	52.43
Repurchase of Common Stock	-3.84	-6.46	-3.09	-2.94	-1.51	-2.07
Common Dividends Paid	-83.17	-78.27	-73.06	-68.76	-64.86	-60.31
Other Financing Activities	-1.93	-0.55	-0.9	-2.12	-3.68	3.83
Financing Cash Flow	-1.75	22.92	-3.84	-96.78	-59.36	143.7
Net Cash Flow	76.57	64.28	111.38	117.46	0.37	-20.04
Free Cash Flow	81.29	94.08	117.37	218.18	59.41	-159.63
Free Cash Flow Growth	-38.57%	-19.84%	-46.21%	267.21%	-	-
Free Cash Flow Margin	6.20%	7.07%	8.70%	14.94%	4.96%	-17.93%
Free Cash Flow Per Share	1.93	2.24	2.79	5.20	1.42	-3.90
Cash Interest Paid	39.48	39.48	36.96	35.7	36.88	33.2
Cash Income Tax Paid	57.61	57.61	46.28	43.41	8.45	5.18
Levered Free Cash Flow	-23.65	-7.25	30.02	146.5	-25.35	-182.69
Unlevered Free Cash Flow	4.49	18.89	53.57	169.01	-1.74	-161.16
Change in Working Capital	-31.93	20.14	-0.52	-7.79	-58.09	28.81

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q