Otter Tail Corporation (OTTR)

Otter Tail Income Statement

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

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

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q