Otter Tail Corp. (OTTR) intrinsic value & 10-year financials
Otter Tail Corp. (OTTR) has a Graham intrinsic value of $217.56 per share. At $90.13 on Oct 17, 2026, the stock trades 59% below that value. Over the last 10 fiscal years revenue grew 5.5% a year to $1.3B, with an average return on invested capital of 11.0%.
- Graham intrinsic value
- $217.56
- Share price (Oct 17, 2026)
- $90.13
- Price vs Graham value
- 59% below
- Market cap
- $3.8B
- Revenue (FY2025)
- $1.3B
- Revenue growth (10-yr CAGR)
- 5.5%
- ROIC (10-yr avg)
- 11.0%
- Free cash flow (FY2025)
- $97.9M
OTTR 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.3B | $275.9M | $6.55 | $97.9M | 26.5% | 12.1% |
| FY2024 | $1.3B | $301.7M | $7.17 | $94.1M | 28.6% | 14.2% |
| FY2023 | $1.3B | $294.2M | $7.00 | $117.4M | 28.0% | 15.4% |
| FY2022 | $1.5B | $284.2M | $6.78 | $218.2M | 26.7% | 16.8% |
| FY2021 | $1.2B | $176.8M | $4.23 | $59.4M | 20.9% | 12.1% |
| FY2020 | $883.2M | $95.9M | $2.34 | -$159.6M | 16.7% | 7.8% |
| FY2019 | $918.5M | $86.8M | $2.17 | -$22.3M | 14.7% | 8.1% |
| FY2018 | $916.4M | $82.3M | $2.06 | $38.0M | 14.1% | 8.8% |
| FY2017 | $849.4M | $72.4M | $1.82 | $40.7M | 14.9% | 7.7% |
| FY2016 | $803.5M | $62.3M | $1.61 | $2.1M | 13.8% | 7.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Otter Tail Corp has demonstrated mature, steady growth, with revenue compounding at 5.5% annually over the past decade.
Otter Tail Corp returns on capital have been average, hovering around 11.0% ROIC over the decade.
Otter Tail Corp has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Otter Tail Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $217.56 per share.