Otter Tail Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,304	1,331	1,349	1,460	1,197
Revenue Growth (YoY)	-1.99%	-1.38%	-7.61%	22.00%	34.46%
Cost of Revenue	740.68	747.45	784.02	889.71	772.78
Gross Profit	563.38	583.1	565.15	570.5	424.07
Selling, General & Admin	79.23	70.46	62.07	68.64	67.41
Other Operating Expenses	17.02	15.66	16.61	17.74	17.61
Operating Expenses	214.36	193.24	176.63	178.98	176.38
Operating Income	349.02	389.86	388.52	391.51	247.69
Interest Expense	-47.23	-41.82	-37.68	-36.02	-37.77
Other Non Operating Income (Expenses)	20.49	18.87	12.64	2.04	2.96
EBT Excluding Unusual Items	322.28	366.91	363.48	357.53	212.89
Gain (Loss) on Sale of Investments	-0.01	-0.02	0.01	0	-0.06
Pretax Income	322.28	366.89	363.49	357.54	212.82
Income Tax Expense	46.38	65.23	69.3	73.35	36.05
Earnings From Continuing Operations	275.89	301.66	294.19	284.18	176.77
Net Income	275.89	301.66	294.19	284.18	176.77
Net Income to Common	275.89	301.66	294.19	284.18	176.77
Net Income Growth	-8.54%	2.54%	3.52%	60.77%	84.42%
Shares Outstanding (Basic)	42	42	42	42	41
Shares Outstanding (Diluted)	42	42	42	42	42
Shares Change (YoY)	0.11%	0.08%	0.26%	0.27%	2.23%
EPS (Basic)	6.59	7.22	7.06	6.83	4.26
EPS (Diluted)	6.55	7.17	7.00	6.78	4.23
EPS Growth	-8.65%	2.43%	3.25%	60.28%	80.77%
Free Cash Flow	97.92	94.08	117.37	218.18	59.41
Free Cash Flow Per Share	2.33	2.24	2.79	5.20	1.42
Dividend Per Share	2.100	1.870	1.750	1.650	1.560
Dividend Growth	12.30%	6.86%	6.06%	5.77%	5.41%
Gross Margin	43.20%	43.82%	41.89%	39.07%	35.43%
Operating Margin	26.76%	29.30%	28.80%	26.81%	20.70%
Profit Margin	21.16%	22.67%	21.80%	19.46%	14.77%
Free Cash Flow Margin	7.51%	7.07%	8.70%	14.94%	4.96%
EBITDA	462.82	493.98	485.17	482.71	338.55
EBITDA Margin	35.49%	37.13%	35.96%	33.06%	28.29%
D&A For EBITDA	113.81	104.12	96.65	91.2	90.86
EBIT	349.02	389.86	388.52	391.51	247.69
EBIT Margin	26.76%	29.30%	28.80%	26.81%	20.70%
Effective Tax Rate	14.39%	17.78%	19.06%	20.52%	16.94%
Revenue as Reported	1,304	1,331	1,349	1,460	1,197

Source: S&P Global Market Intelligence. Standard template. Financial Sources.