Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Otter Tail's share price for the quarter that ended in Dec. 2023 was $84.97. Otter Tail's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 42 Mil. Therefore, Otter Tail's market cap for the quarter that ended in Dec. 2023 was $3,544 Mil.
Otter Tail's quarterly market cap
declined
from Jun. 2023 ($3,293 Mil) to Sep. 2023 ($3,167 Mil) but then
increased
from Sep. 2023 ($3,167 Mil) to Dec. 2023 ($3,544 Mil).
Otter Tail's annual market cap
declined
from Dec. 2021 ($2,968 Mil) to Dec. 2022 ($2,444 Mil) but then
increased
from Dec. 2022 ($2,444 Mil) to Dec. 2023 ($3,544 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Otter Tail's Enterprise Value for Today is $4,209 Mil.
Otter Tail Market Cap Historical Data
The historical data trend for Otter Tail's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Diversified subindustry, Otter Tail's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Otter Tail's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Otter Tail's Market Cap distribution charts can be found below:
* The bar in red indicates where Otter Tail's Market Cap falls into.
Otter Tail Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Otter Tail's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Otter Tail (NAS:OTTR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Otter Tail Market Cap Related Terms
Thank you for viewing the detailed overview of Otter Tail's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.
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