Otter Tail Corporation (OTTR) — Financial statements
Income statement, balance sheet, and cash flow for Otter Tail Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,304↓2.0% | 1,331↓1.4% | 1,349↓7.6% | 1,460↑22.0% | 1,197 | |
| Cost of Revenue | 941↑25.9% | 747↓4.7% | 784↓11.9% | 890↑15.1% | 773 | |
| Gross Profit | 363↓37.8% | 583↑3.2% | 565↓0.9% | 570↑34.5% | 424 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 73↑4.2% | 70↑6.6% | 65 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 83↑3.1% | 80↑10.2% | 73↑4.2% | 70↑6.6% | 65 | |
| Other Expenses | -66↓153.4% | 123↑7.2% | 115↑3.8% | 110↑1.3% | 109 | |
| Operating Expenses | 17↓91.6% | 203↑8.3% | 187↑4.0% | 180↑3.3% | 174 | |
| Total Costs & Expenses | 958↑0.9% | 950↓2.2% | 971↓9.2% | 1,070↑12.9% | 947 | |
| Operating Results | ||||||
| Operating Income | 346↓9.1% | 380↑0.6% | 378↓3.2% | 390↑56.4% | 250 | |
| Depreciation & Amortization | 118↑10.3% | 107↑9.4% | 98↑5.8% | 93↑1.4% | 91 | |
| EBITDA | 464↓10.1% | 516↑3.3% | 499↑2.7% | 486↑42.2% | 342 | |
| EBIT | 346↓15.4% | 409↑1.9% | 401↑1.9% | 394↑57.0% | 251 | |
| Interest & Other Income | ||||||
| Net Interest Income | -47↓12.9% | -42↓11.0% | -38↓4.6% | -36↑4.6% | -38 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 47↑12.9% | 42↑11.0% | 38↑4.6% | 36↓4.6% | 38 | |
| Non-Operating Income | 0.00↑100.0% | -28↓22.4% | -23↓647.0% | -3↓252.0% | -0.88 | |
| Other Income / Expenses | -23↓75.2% | -13↑7.4% | -14↑56.1% | -33↑10.8% | -37 | |
| Income Before Tax | 322↓12.2% | 367↑0.9% | 363↑1.7% | 358↑68.0% | 213 | |
| Income Tax Expense | 46↓28.9% | 65↓5.9% | 69↓5.5% | 73↑103.5% | 36 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 276↓8.5% | 302↑2.5% | 294↑3.5% | 284↑60.8% | 177 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 276↓8.5% | 302↑2.5% | 294↑3.5% | 284↑60.8% | 177 | |
| Bottom-Line Net Income | 276↓8.5% | 302↑2.5% | 294↑3.5% | 284↑60.8% | 177 | |
| EPS (Basic) | 6.59↓8.7% | 7.22↑2.3% | 7.06↑3.4% | 6.83↑60.3% | 4.26 | |
| EPS (Diluted) | 6.55↓8.6% | 7.17↑2.4% | 7.00↑3.2% | 6.78↑60.3% | 4.23 | |
| Weighted Average Shares | 42↑0.2% | 42↑0.3% | 42↑0.2% | 42↑0.2% | 41 | |
| Weighted Average Diluted Shares | 42↑0.1% | 42↑0.1% | 42↑0.3% | 42↑0.3% | 42 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.