Otter Tail Corporation (OTTR)

Otter Tail Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,357	1,349	1,460	1,197	890.11	919.5
Revenue Growth (YoY)	-4.72%	-7.60%	22.00%	34.46%	-3.20%	0.33%
Cost of Revenue	792.06	800.63	907.46	790.38	605.13	655.76
Gross Profit	565.1	548.54	552.75	406.46	284.97	263.75
Selling, General & Admin	72.88	72.66	69.72	65.39	55.05	50.78
Other Operating Expenses	100	97.95	92.6	91.36	82.04	78.09
Operating Expenses	172.87	170.62	162.32	156.75	137.09	128.87
Operating Income	392.22	377.92	390.44	249.71	147.89	134.88
Interest Expense / Income	38.11	37.68	36.02	37.77	34.45	31.41
Other Expense / Income	-25.74	-23.25	-3.11	-0.88	-2.62	-0.82
Pretax Income	379.85	363.49	357.54	212.82	116.06	104.29
Income Tax	73.8	69.3	73.35	36.05	20.21	17.44
Net Income	306.05	294.19	284.18	176.77	95.85	86.85
Net Income Growth	11.43%	3.52%	60.77%	84.42%	10.37%	5.47%
Shares Outstanding (Basic)	42	42	42	41	41	40
Shares Outstanding (Diluted)	42	42	42	42	41	40
Shares Change	0.13%	0.26%	0.27%	2.23%	2.38%	0.16%
EPS (Basic)	7.35	7.06	6.83	4.26	2.35	2.19
EPS (Diluted)	7.28	7.00	6.78	4.23	2.34	2.17
EPS Growth	11.15%	3.24%	60.28%	80.77%	7.83%	5.34%
Free Cash Flow	157.78	117.37	218.18	59.41	-159.63	-22.33
Free Cash Flow Per Share	3.78	2.82	5.25	1.43	-3.92	-0.56
Dividend Per Share	1.780	1.750	1.650	1.560	1.480	1.400
Dividend Growth	6.27%	6.06%	5.77%	5.41%	5.71%	4.48%
Gross Margin	41.64%	40.66%	37.85%	33.96%	32.02%	28.68%
Operating Margin	28.90%	28.01%	26.74%	20.86%	16.61%	14.67%
Profit Margin	22.55%	21.81%	19.46%	14.77%	10.77%	9.44%
Free Cash Flow Margin	11.63%	8.70%	14.94%	4.96%	-17.93%	-2.43%
Effective Tax Rate	19.43%	19.06%	20.52%	16.94%	17.41%	16.72%
EBITDA	517.96	499.12	486.15	341.95	232.54	213.79
EBITDA Margin	38.17%	36.99%	33.29%	28.57%	26.13%	23.25%
Depreciation & Amortization	100	97.95	92.6	91.36	82.04	78.09
EBIT	417.96	401.17	393.55	250.59	150.5	135.7
EBIT Margin	30.80%	29.73%	26.95%	20.94%	16.91%	14.76%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).