Otter Tail Corporation
NASDAQ:OTTR · NASDAQ Global Select
+$1.08 today
Vol 0.16M · Avg 0.27M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NASDAQ:OTTR · Revenue to Net Income
Key Ratios
Analysis
$1.3B of revenue converted into $280.4M of net income for the selected period. Gross margin is 34.8% and net margin is 21.3%, showing how much revenue survives after costs and taxes. EPS is $6.67, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B -2.0% | $1.3B -1.4% | $1.3B -7.6% | $1.5B +22.0% | $1.2B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $941.4M +25.9% | $747.5M -4.7% | $784.0M -11.9% | $889.7M +15.1% | $772.8M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $362.7M -37.8% | $583.1M +3.2% | $565.1M -0.9% | $570.5M +34.5% | $424.1M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 27.8% -16.0pp | 43.8% +1.9pp | 41.9% +2.8pp | 39.1% +3.6pp | 35.4% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $82.6M +3.1% | $80.1M +10.2% | $72.7M +4.2% | $69.7M +6.6% | $65.4M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $17.0M -91.6% | $202.8M +8.3% | $187.2M +4.0% | $180.1M +3.3% | $174.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $118.1M +10.3% | $107.1M +9.4% | $98.0M +5.8% | $92.6M +1.4% | $91.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | $487.6M -5.5% | $515.8M +3.3% | $499.1M +2.7% | $486.1M +42.2% | $341.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 37.4% -1.4pp | 38.8% +1.8pp | 37.0% +3.7pp | 33.3% +4.7pp | 28.6% | 5.6% | 46.3% | 42.0% |
| Operating Income | $345.7M -9.1% | $380.3M +0.6% | $377.9M -3.2% | $390.4M +56.4% | $249.7M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 26.5% -2.1pp | 28.6% +0.6pp | 28.0% +1.3pp | 26.7% +5.9pp | 20.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $47.2M +12.9% | $41.8M +11.0% | $37.7M +4.6% | $36.0M -4.6% | $37.8M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$23.4M -75.2% | -$13.4M +7.4% | -$14.4M +56.1% | -$32.9M +10.8% | -$36.9M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $322.3M -12.2% | $366.9M +0.9% | $363.5M +1.7% | $357.5M +68.0% | $212.8M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 24.7% -2.9pp | 27.6% +0.6pp | 26.9% +2.5pp | 24.5% +6.7pp | 17.8% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $46.4M -28.9% | $65.2M -5.9% | $69.3M -5.5% | $73.4M +103.5% | $36.1M | $1.3B | -$1.6B | $745.2M |
| Net Income | $275.9M -8.5% | $301.7M +2.5% | $294.2M +3.5% | $284.2M +60.8% | $176.8M | $4.9B | $4.8B | $4.7B |
| Net Margin | 21.2% -1.5pp | 22.7% +0.9pp | 21.8% +2.3pp | 19.5% +4.7pp | 14.8% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $7 -8.7% | $7 +2.3% | $7 +3.4% | $7 +60.3% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $7 -8.6% | $7 +2.4% | $7 +3.2% | $7 +60.3% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $41.9M +0.2% | $41.8M +0.3% | $41.7M +0.2% | $41.6M +0.2% | $41.5M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $42.1M +0.1% | $42.1M +0.1% | $42.0M +0.3% | $41.9M +0.3% | $41.8M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Black Hills Corporation
NYSE:BKH
$5.60B
Northwestern Energy Group Inc
NASDAQ:NWE
$4.37B
ALLETE, Inc.
ALE
$3.94B
Avista Corporation
NYSE:AVA
$3.51B
Chesapeake Utilities Corporation
NYSE:CPK
$2.97B
MGE Energy, Inc.
NASDAQ:MGEE
$2.93B
ReNew Energy Global Plc
NASDAQ:RNW
$2.34B
Hawaiian Electric Industries, Inc.
NYSE:HE
$2.31B
Companhia Paranaense de Energia
NYSE:ELPC
$2.15B
Excelerate Energy, Inc.
NYSE:EE
$1.09B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does OTTR generate?
Otter Tail Corporation (OTTR) reported $1.30B of revenue in fiscal 2025.
Is OTTR profitable?
Otter Tail Corporation (OTTR) reported $275.89M of net income, with a net margin of 21.2%.
Explore More
Continue the stock analysis
Jump to another research area for this company.