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Otter Tail OTTR Manufacturing — CapEx

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$2.34M+75.9%

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Other financials

Income statement

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Revenue$334.4M+0.6%
Gross profit$216.0M-4.6%
Operating income-$24.2M-125%
Net income-$7.6M-110%
EPS (diluted)-$0.18-110%

Balance sheet

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Cash & equivalents$351.9M+14.5%
Total debt$1.2B+13.7%
Total equity$1.9B+5.8%
Total assets$4.3B+14.0%

Cash flow

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Operating cash flow$112.1M-6.5%
CapEx$139.5M+111%
Free cash flow-$27.4M-151%

Valuation

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Market cap$3.91B+18.6%
Enterprise value$4.74B+17.7%
P/E22.2×+9.5×
P/S+0.5×

Profitability

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Gross margin68.1%-0.4pp
Operating margin17.2%-10.0pp
Net margin13.4%-6.4pp
FCF margin-6%-12.2pp

Returns & leverage

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Return on equity9.7%-5.9pp
Debt / equity0.6×0.0×
Current ratio1.7×-1.6×

Where this comes from

Reported directly by Otter Tail in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Otter Tail’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:58 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001466593-26-000071
(in thousands)Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Capital Expenditures
Electric$310,660$114,038
Manufacturing7,9134,674
Plastics6,1364,915
Corporate46612
Total Capital Expenditures$324,755$124,239

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Otter Tail's manufacturing — capex?
Otter Tail (OTTR) reported manufacturing — capex of $3.52M in Q2 2026.
How has Otter Tail's manufacturing — capex changed year-over-year?
Otter Tail's manufacturing — capex increased by 47.5% year-over-year, from $2.39M to $3.52M.
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.

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