vs

Side-by-side financial comparison of Otter Tail Corp (OTTR) and Tyler Technologies (TYL). Click either name above to swap in a different company.

Tyler Technologies is the larger business by last-quarter revenue ($613.5M vs $308.1M, roughly 2.0× Otter Tail Corp). Otter Tail Corp runs the higher net margin — 16.8% vs 13.2%, a 3.6% gap on every dollar of revenue. On growth, Tyler Technologies posted the faster year-over-year revenue change (8.6% vs 1.6%). Otter Tail Corp produced more free cash flow last quarter ($22.3M vs $2.0M). Over the past eight quarters, Tyler Technologies's revenue compounded faster (6.5% CAGR vs -5.8%).

Otter Tail Corporation is an electric power and manufacturing company based in Fergus Falls, Minnesota. Its subsidiaries include Otter Tail Power Company, BTD Manufacturing Inc., T.O. Plastics Inc., Northern Pipe Products Inc., and Vinyltech Corporation.

Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.

OTTR vs TYL — Head-to-Head

Bigger by revenue
TYL
TYL
2.0× larger
TYL
$613.5M
$308.1M
OTTR
Growing faster (revenue YoY)
TYL
TYL
+6.9% gap
TYL
8.6%
1.6%
OTTR
Higher net margin
OTTR
OTTR
3.6% more per $
OTTR
16.8%
13.2%
TYL
More free cash flow
OTTR
OTTR
$20.3M more FCF
OTTR
$22.3M
$2.0M
TYL
Faster 2-yr revenue CAGR
TYL
TYL
Annualised
TYL
6.5%
-5.8%
OTTR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OTTR
OTTR
TYL
TYL
Revenue
$308.1M
$613.5M
Net Profit
$51.8M
$81.2M
Gross Margin
48.3%
Operating Margin
21.9%
16.3%
Net Margin
16.8%
13.2%
Revenue YoY
1.6%
8.6%
Net Profit YoY
-5.6%
EPS (diluted)
$1.22
$1.88

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OTTR
OTTR
TYL
TYL
Q1 26
$613.5M
Q4 25
$308.1M
$575.2M
Q3 25
$325.6M
$595.9M
Q2 25
$333.0M
$596.1M
Q1 25
$337.4M
$565.2M
Q4 24
$303.1M
$541.1M
Q3 24
$338.0M
$543.3M
Q2 24
$342.3M
$541.0M
Net Profit
OTTR
OTTR
TYL
TYL
Q1 26
$81.2M
Q4 25
$51.8M
$65.5M
Q3 25
$78.3M
$84.4M
Q2 25
$77.7M
$84.6M
Q1 25
$68.1M
$81.1M
Q4 24
$54.9M
$65.2M
Q3 24
$85.5M
$75.9M
Q2 24
$87.0M
$67.7M
Gross Margin
OTTR
OTTR
TYL
TYL
Q1 26
48.3%
Q4 25
45.5%
Q3 25
47.2%
Q2 25
45.8%
Q1 25
47.3%
Q4 24
43.8%
Q3 24
43.7%
Q2 24
44.0%
Operating Margin
OTTR
OTTR
TYL
TYL
Q1 26
16.3%
Q4 25
21.9%
13.0%
Q3 25
29.7%
16.4%
Q2 25
29.3%
16.0%
Q1 25
24.9%
15.8%
Q4 24
22.0%
13.2%
Q3 24
31.8%
15.2%
Q2 24
32.4%
14.4%
Net Margin
OTTR
OTTR
TYL
TYL
Q1 26
13.2%
Q4 25
16.8%
11.4%
Q3 25
24.0%
14.2%
Q2 25
23.3%
14.2%
Q1 25
20.2%
14.3%
Q4 24
18.1%
12.1%
Q3 24
25.3%
14.0%
Q2 24
25.4%
12.5%
EPS (diluted)
OTTR
OTTR
TYL
TYL
Q1 26
$1.88
Q4 25
$1.22
$1.50
Q3 25
$1.86
$1.93
Q2 25
$1.85
$1.93
Q1 25
$1.62
$1.84
Q4 24
$1.30
$1.48
Q3 24
$2.03
$1.74
Q2 24
$2.07
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OTTR
OTTR
TYL
TYL
Cash + ST InvestmentsLiquidity on hand
$440.5M
$346.4M
Total DebtLower is stronger
$963.6M
Stockholders' EquityBook value
$1.9B
$3.6B
Total Assets
$4.0B
$4.8B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OTTR
OTTR
TYL
TYL
Q1 26
$346.4M
Q4 25
$440.5M
$1.1B
Q3 25
$379.7M
$950.8M
Q2 25
$307.2M
$892.3M
Q1 25
$284.8M
$807.4M
Q4 24
$295.4M
$768.0M
Q3 24
$280.0M
$544.3M
Q2 24
$230.7M
$258.0M
Total Debt
OTTR
OTTR
TYL
TYL
Q1 26
Q4 25
$963.6M
$599.7M
Q3 25
$1.0B
$599.2M
Q2 25
$1.0B
$598.8M
Q1 25
$993.5M
$598.4M
Q4 24
$943.7M
$597.9M
Q3 24
$947.0M
$597.5M
Q2 24
$947.0M
$597.1M
Stockholders' Equity
OTTR
OTTR
TYL
TYL
Q1 26
$3.6B
Q4 25
$1.9B
$3.7B
Q3 25
$1.8B
$3.6B
Q2 25
$1.8B
$3.6B
Q1 25
$1.7B
$3.5B
Q4 24
$1.7B
$3.4B
Q3 24
$1.6B
$3.3B
Q2 24
$1.6B
$3.1B
Total Assets
OTTR
OTTR
TYL
TYL
Q1 26
$4.8B
Q4 25
$4.0B
$5.6B
Q3 25
$3.8B
$5.5B
Q2 25
$3.8B
$5.4B
Q1 25
$3.7B
$5.2B
Q4 24
$3.7B
$5.2B
Q3 24
$3.6B
$5.0B
Q2 24
$3.5B
$4.8B
Debt / Equity
OTTR
OTTR
TYL
TYL
Q1 26
Q4 25
0.52×
0.16×
Q3 25
0.57×
0.17×
Q2 25
0.59×
0.16×
Q1 25
0.58×
0.17×
Q4 24
0.57×
0.18×
Q3 24
0.58×
0.18×
Q2 24
0.60×
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OTTR
OTTR
TYL
TYL
Operating Cash FlowLast quarter
$97.0M
$107.3M
Free Cash FlowOCF − Capex
$22.3M
$2.0M
FCF MarginFCF / Revenue
7.2%
0.3%
Capex IntensityCapex / Revenue
24.3%
Cash ConversionOCF / Net Profit
1.87×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$97.9M
$585.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OTTR
OTTR
TYL
TYL
Q1 26
$107.3M
Q4 25
$97.0M
$243.9M
Q3 25
$129.6M
$255.2M
Q2 25
$119.9M
$98.3M
Q1 25
$39.5M
$56.2M
Q4 24
$130.0M
$224.8M
Q3 24
$99.3M
$263.7M
Q2 24
$151.5M
$64.3M
Free Cash Flow
OTTR
OTTR
TYL
TYL
Q1 26
$2.0M
Q4 25
$22.3M
$239.6M
Q3 25
$40.5M
$251.3M
Q2 25
$53.7M
$92.8M
Q1 25
$-18.5M
$53.8M
Q4 24
$31.1M
$221.0M
Q3 24
$15.1M
$260.8M
Q2 24
$50.1M
$57.7M
FCF Margin
OTTR
OTTR
TYL
TYL
Q1 26
0.3%
Q4 25
7.2%
41.7%
Q3 25
12.4%
42.2%
Q2 25
16.1%
15.6%
Q1 25
-5.5%
9.5%
Q4 24
10.2%
40.8%
Q3 24
4.5%
48.0%
Q2 24
14.6%
10.7%
Capex Intensity
OTTR
OTTR
TYL
TYL
Q1 26
Q4 25
24.3%
0.8%
Q3 25
27.4%
0.7%
Q2 25
19.9%
0.9%
Q1 25
17.2%
0.4%
Q4 24
32.6%
0.7%
Q3 24
24.9%
0.5%
Q2 24
29.6%
1.2%
Cash Conversion
OTTR
OTTR
TYL
TYL
Q1 26
1.32×
Q4 25
1.87×
3.72×
Q3 25
1.65×
3.02×
Q2 25
1.54×
1.16×
Q1 25
0.58×
0.69×
Q4 24
2.37×
3.45×
Q3 24
1.16×
3.47×
Q2 24
1.74×
0.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OTTR
OTTR

Retail Commercial And Industrial$91.0M30%
Plastics$81.2M26%
Manufacturing$77.2M25%
Retail Residential$35.8M12%
Electric Transmission$14.4M5%
Plastic Products$9.2M3%
Electric Product Other$1.8M1%

TYL
TYL

Subscriptions$429.7M70%
Maintenance$108.9M18%
Other$74.9M12%

Related Comparisons