Otter Tail
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Otter Tail's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $1,349,166,000. The net income raised on $294,191,000 and profit margin reached 22%. Total operating expenses were $187,231,000.
Profit Margin
| 2014 | 799.26M | 57.72M | 7.22% |
|---|---|---|---|
| 2015 | 779.80M | 59.34M | 7.61% |
| 2016 | 803.53M | 62.32M | 7.76% |
| 2017 | 849.35M | 72.43M | 8.53% |
| 2018 | 916.44M | 82.34M | 8.99% |
| 2019 | 919.50M | 86.84M | 9.44% |
| 2020 | 890.10M | 95.85M | 10.77% |
| 2021 | 1.19B | 176.76M | 14.77% |
| 2022 | 1.46B | 284.18M | 19.46% |
| 2023 | 1.34B | 294.19M | 21.81% |
OTTR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.34B | 1.46B | 1.19B | 890.10M | 919.50M | 916.44M | 849.35M | 803.53M | 779.80M | 799.26M |
Cost of revenue | 784.01M | 889.71M | 772.77M | 588.09M | 690.75M | 645.26M | 592.37M | 564.46M | 570.20M | 595.67M |
Gross profit | 565.15M | 570.49M | 424.06M | 302.00M | 228.75M | 271.18M | 256.97M | 239.07M | 209.59M | 203.58M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 187.23M | 180.05M | 174.36M | 154.12M | 93.87M | 141.79M | 130.83M | 127.97M | 100.38M | 104.05M |
Operating income | 377.91M | 390.43M | 249.70M | 147.88M | 134.88M | 129.38M | 126.13M | 111.09M | 109.21M | 99.53M |
Other income (expenses), net | -14.43M | -32.90M | -36.88M | -31.82M | -30.59M | -2.04M | -32.59M | 2.90M | -28.98M | -26.09M |
Income before tax | 363.48M | 357.53M | 212.82M | 116.05M | 104.28M | 96.93M | 99.16M | 82.11M | 80.23M | 73.44M |
Income tax expense | 69.29M | 73.35M | 36.05M | 20.20M | 17.44M | 14.58M | 27.04M | 20.08M | 21.64M | 16.55M |
Net income | 294.19M | 284.18M | 176.76M | 95.85M | 86.84M | 82.34M | 72.43M | 62.32M | 59.34M | 57.72M |
Earnings per share | ||||||||||
Basic EPS | 7.06 | 6.83 | 4.26 | 2.35 | 2.19 | 2.08 | 1.84 | 1.62 | 1.58 | 1.58 |
Diluted EPS | 7 | 6.78 | 4.23 | 2.34 | 2.17 | 2.06 | 1.82 | 1.61 | 1.58 | 1.57 |
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