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Otter Tail OTTR Manufacturing — CapEx

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Other financials

Income statement

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Revenue$342.9M+1.6%
Gross profit$235.3M+1.0%
Operating income$85.2M+1.5%
Net income$72.6M+6.6%
EPS (diluted)$1.73+6.8%

Balance sheet

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Cash & equivalents$348.4M+22.3%
Total debt$1.1B+7.5%
Total equity$1.9B+11.1%
Total assets$4.2B+12.3%

Cash flow

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Operating cash flow$70.6M+78.9%
CapEx$185.3M+219%
Free cash flow-$114.7M-518%

Valuation

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Market cap$3.67B+9.4%
Enterprise value$4.46B+8.0%
P/E13.1×+1.7×
P/S2.8×+0.3×

Profitability

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Gross margin69%+1.1pp
Operating margin26.5%-1.5pp
Net margin21.4%-1.0pp
FCF margin0.1%-5.7pp

Returns & leverage

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Return on equity15.5%-2.9pp
Debt / equity0.6×0.0×
Current ratio-0.6×

Where this comes from

Reported directly by Otter Tail in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Otter Tail’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Otter Tail's manufacturing — capex?
Otter Tail (OTTR) reported manufacturing — capex of $4.4M in Q1 2026.
How has Otter Tail's manufacturing — capex changed year-over-year?
Otter Tail's manufacturing — capex increased by 92.0% year-over-year, from $2.29M to $4.4M.
What is the long-term trend for Otter Tail's manufacturing — capex?
Over 4 years (2021 to 2025), Otter Tail's manufacturing — capex has grown at a -19.0% compound annual growth rate (CAGR), from $20.69M to $8.9M.
What does manufacturing — capex mean?
This metric measures the funds used by the manufacturing segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. It indicates the level of investment in long-term growth and operational capacity.