Otter Tail Corporation (OTTR)

Otter Tail Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,312	1,331	1,349	1,460	1,197	890.11
Revenue Growth (YoY)	-3.69%	-1.38%	-7.61%	22.00%	34.46%	-3.20%
Cost of Revenue	744.53	747.45	784.02	889.71	772.78	588.1
Gross Profit	567.01	583.1	565.15	570.5	424.07	302.01
Selling, General & Admin	74.73	70.46	62.07	68.64	67.41	3.44
Other Operating Expenses	16.13	15.66	16.61	17.74	17.61	72.09
Operating Expenses	204.27	193.24	176.63	178.98	176.38	157.56
Operating Income	362.74	389.86	388.52	391.51	247.69	144.45
Interest Expense	-45.04	-41.82	-37.68	-36.02	-37.77	-34.45
Other Non Operating Income (Expenses)	19.02	18.87	12.64	2.04	2.96	6.05
EBT Excluding Unusual Items	336.72	366.91	363.48	357.53	212.89	116.05
Gain (Loss) on Sale of Investments	0.01	-0.02	0.01	0	-0.06	0.01
Pretax Income	336.72	366.89	363.49	357.54	212.82	116.06
Income Tax Expense	50.57	65.23	69.3	73.35	36.05	20.21
Earnings From Continuing Operations	286.16	301.66	294.19	284.18	176.77	95.85
Net Income	286.16	301.66	294.19	284.18	176.77	95.85
Net Income to Common	286.16	301.66	294.19	284.18	176.77	95.85
Net Income Growth	-8.01%	2.54%	3.52%	60.77%	84.42%	10.37%
Shares Outstanding (Basic)	42	42	42	42	41	41
Shares Outstanding (Diluted)	42	42	42	42	42	41
Shares Change (YoY)	0.11%	0.08%	0.26%	0.27%	2.23%	2.38%
EPS (Basic)	6.84	7.22	7.06	6.83	4.26	2.35
EPS (Diluted)	6.79	7.17	7.00	6.78	4.23	2.34
EPS Growth	-8.24%	2.43%	3.25%	60.28%	80.77%	7.83%
Free Cash Flow	81.29	94.08	117.37	218.18	59.41	-159.63
Free Cash Flow Per Share	1.93	2.24	2.79	5.20	1.42	-3.90
Dividend Per Share	1.985	1.870	1.750	1.650	1.560	1.480
Dividend Growth	9.67%	6.86%	6.06%	5.77%	5.41%	5.71%
Gross Margin	43.23%	43.82%	41.89%	39.07%	35.43%	33.93%
Operating Margin	27.66%	29.30%	28.80%	26.81%	20.70%	16.23%
Profit Margin	21.82%	22.67%	21.80%	19.46%	14.77%	10.77%
Free Cash Flow Margin	6.20%	7.07%	8.70%	14.94%	4.96%	-17.93%
EBITDA	473.15	493.98	485.17	482.71	338.55	226.49
EBITDA Margin	36.08%	37.13%	35.96%	33.06%	28.29%	25.45%
D&A For EBITDA	110.42	104.12	96.65	91.2	90.86	82.04
EBIT	362.74	389.86	388.52	391.51	247.69	144.45
EBIT Margin	27.66%	29.30%	28.80%	26.81%	20.70%	16.23%
Effective Tax Rate	15.02%	17.78%	19.06%	20.52%	16.94%	17.41%
Revenue as Reported	1,312	1,331	1,349	1,460	1,197	890.11

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q