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%
Fuel and Purchased Power Expense	153.71	122.51	138.63	165.39	124.74
Operations and Maintenance Expenses	184.31	190.42	191.26	181.38	159.67
Gross Profit	966.04	1,018	1,019	1,113	912.44
Depreciation & Amortization Expenses	118.11	107.12	97.95	92.6	91.36
Taxes Other than Income Tax	17.02	15.66	16.61	17.74	17.61
Other Operating Expenses	485.23	514.59	526.79	612.66	553.76
Operating Income	345.68	380.25	377.92	390.44	249.71
Interest Expense	47.23	41.82	37.68	-36.02	-37.77
Other Non-Operating Income (Expense)	17.15	9.24	2.05	3.11	0.88
Total Non-Operating Income (Expense)	64.38	51.05	39.73	-32.9	-36.89
Pretax Income	322.28	366.89	363.49	357.54	212.82
Provision for Income Taxes	46.38	65.23	69.3	73.35	36.05
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 Growth	4.08%	-19.84%	-46.21%	267.21%	-
Free Cash Flow Per Share	2.32	2.24	2.79	5.20	1.42
Dividends 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	74.08%	76.48%	75.55%	76.25%	76.24%
Operating Margin	26.51%	28.58%	28.01%	26.74%	20.86%
Profit Margin	21.16%	22.67%	21.81%	19.46%	14.77%
FCF Margin	7.51%	7.07%	8.70%	14.94%	4.96%
EBITDA	463.79	487.37	475.87	483.04	341.07
EBITDA Margin	35.57%	36.63%	35.27%	33.08%	28.50%
EBIT	345.68	380.25	377.92	390.44	249.71
EBIT Margin	26.51%	28.58%	28.01%	26.74%	20.86%
Effective Tax Rate	14.39%	17.78%	19.06%	20.52%	16.94%

Updated Feb 16, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q