Otter Tail Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $803.5m $849.4m $916.4m $919.5m $890.1m $1.2b $1.5b $1.4b $1.3b $1.3b
Revenue from Contract with Customer, Including Assessed Tax $1.5b $1.3b
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization $692.4m $723.2m $787.1m $784.6m $742.2m $488.4m $542.9m $454.1m $434.5m $402.7m
Total Operating Expenses $692.4m $723.2m $787.1m $784.6m $742.2m $947.1m $1.1b $971.2m $950.3m $958.4m
Operating Income (Loss) $111.1m $126.1m $129.4m $134.9m $147.9m $249.7m $390.4m $377.9m $380.2m $345.7m
Additional Financial Items
Amortization of Intangible Assets $1.4m $1.3m $1.3m $1.2m $1.1m $1.1m $1.1m $1.1m $1.1m $1.1m
Capitalized Computer Software, Amortization $1.3m $3.0m $4.3m
Gain (Loss) on Investments $7.2m $5.5m $6.7m
Income (Loss) Attributable to Parent, before Tax $82.5m $99.7m $96.9m $104.3m $116.1m $212.8m $357.5m $363.5m $366.9m $322.3m
Income (Loss) from Continuing Operations, Per Basic Share $2 $2
Income (Loss) from Continuing Operations, Per Diluted Share $2 $2
Electric Production Fuel $54.8m $59.7m $66.8m $59.3m $46.3m $59.3m $65.1m $60.3m $60.9m $75.0m
Electric Purchased Power $295.2m $316.6m $354.6m $72.1m $61.7m $65.4m $100.3m $78.3m $61.6m $78.7m
Depreciation and Amortization $73.4m $72.5m $74.7m $78.1m $82.0m $91.4m $92.6m $98.0m $107.1m $118.1m
Electric Property Taxes $15.6m $15.8m $17.0m $17.6m $17.7m $16.6m $15.7m $17.0m
Basic (in shares) $38.5m $39.5m $39.6m $39.7m $40.7m $41.5m $41.6m $41.7m $41.8m $41.9m
Diluted (in shares) $38.7m $39.7m $39.9m $40.0m $40.9m $41.8m $41.9m $42.0m $42.1m $42.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $82.1m $99.2m $96.9m $104.3m $116.1m $212.8m
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $284k $320k
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $62.0m $72.1m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $284k $320k
Investment Income, Net $19.8m $22.2m
Income Before Income Taxes $82.5m $99.7m $96.9m $104.3m $116.1m $212.8m $357.5m $363.5m $366.9m $322.3m
Net Income (Loss) Attributable to Parent $62.3m $72.4m $82.3m $86.8m $95.9m $176.8m $284.2m $294.2m $301.7m $275.9m
Earnings Per Share, Basic $1.62 $1.84 $2.08 $2.19 $2.35 $4.26 $6.83 $7.06 $7.22 $6.59
Earnings Per Share, Diluted $1.61 $1.82 $2.06 $2.17 $2.34 $4.23 $6.78 $7.00 $7.17 $6.55
Common Stock, Dividends, Per Share, Declared $1.25 $1.28 $1.34 $2.19 $1.48 $1.56 $1.65 $1.75 $1.87 $2.10
Weighted Average Number of Shares Outstanding, Basic 38.5m 39.5m 39.6m 39.7m 40.7m 41.5m 41.6m 41.7m 41.8m 41.9m
Weighted Average Number of Shares Outstanding, Diluted 38.7m 39.7m 39.9m 40.0m 40.9m 41.8m 41.9m 42.0m 42.1m 42.1m
Selling, General and Administrative Expense $72.7m $80.1m $82.6m
Nonelectric Selling, General, and Administrative Expenses $40.3m $43.2m $51.5m $50.8m $55.1m $65.4m $69.7m $72.7m $80.1m $82.6m
Other Nonoperating Income (Expense) $2.9m $2.6m $3.5m $5.1m $6.1m $2.9m $2.0m $12.7m $18.8m $20.5m
Other Cost and Expense, Operating $40.3m $43.2m $51.5m $50.8m $55.1m $65.4m $69.7m $72.7m $80.1m $82.6m
Electric Operating and Maintenance Expenses $147.3m $146.9m $155.5m $153.5m $150.8m $159.7m $181.4m $191.3m $190.4m $184.3m
Cost of Products Sold (excluding depreciation) $295.2m $316.6m $354.6m $355.1m $329.3m $488.4m $542.9m $454.1m $434.5m $402.7m
Nonservice Cost Components of Postretirement Benefits $5.1m $5.6m $5.5m $4.3m $3.4m $2.0m ($1.1m) $10.6m $9.6m $3.3m
Other Income (Expense), net $2.9m $2.6m $3.5m $5.1m $6.1m $2.9m $2.0m $12.7m $18.8m $20.5m
Interest Expense (non-operating) $41.8m $47.2m
Interest Expense ($37.8m) $36.0m $37.7m ($41.8m) ($47.2m)
Income Tax Expense $20.1m $27.0m $14.6m $17.4m $20.2m $36.1m $73.4m $69.3m $65.2m $46.4m
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component $5.5m $4.3m $3.4m $2.0m ($1.1m) ($10.6m) ($9.6m) ($3.3m)
Income Tax Expense (Benefit) $20.1m $27.0m $14.6m $17.4m $20.2m $36.1m $73.4m $69.3m $65.2m $46.4m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.