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Otter Tail OTTR Construction work in progress

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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:PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress.

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)June 30,2026December 31,2025
Electric Plant
Electric Plant in Service$3,461,933$3,370,677
Construction Work in Progress400,844233,978
Total Gross Electric Plant3,862,7773,604,655
Less Accumulated Depreciation897,871899,401
Net Electric Plant2,964,9062,705,254
Nonelectric Property, Plant and Equipment
Nonelectric Property, Plant and Equipment412,845404,922

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Otter Tail's construction work in progress?
Otter Tail (OTTR) reported construction work in progress of $400.84M in Q2 2026.
What does construction work in progress mean?
Power plants, transmission lines, and other utility infrastructure under construction

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