Otter Tail Corporation (OTTR)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 61.82% | 58.46% | 59.89% | 60.70% | 61.59% | 66.72% | 65.67% | 64.89% | 62.98% | 61.46% | 59.94% | 58.56% | 67.34% | 137.76% | 130.56% | 125.92% | 100.20% | -0.61% | -0.64% | -0.74% |
| Operating profit margin | 28.59% | 28.50% | 29.05% | 28.78% | 27.87% | 26.92% | 26.06% | 25.98% | 26.57% | 27.24% | 25.61% | 23.18% | 20.85% | 19.06% | 18.42% | 16.79% | 16.74% | 17.20% | 15.56% | 14.82% |
| Pretax margin | 27.59% | 27.71% | 28.19% | 27.87% | 26.81% | 25.50% | 24.31% | 23.95% | 24.33% | 24.83% | 23.04% | 20.36% | 17.77% | 15.77% | 15.09% | 13.37% | 13.14% | 13.61% | 11.96% | 11.26% |
| Net profit margin | 22.68% | 22.63% | 22.75% | 22.46% | 21.70% | 20.66% | 19.72% | 19.14% | 19.34% | 19.68% | 18.40% | 16.66% | 14.76% | 13.27% | 12.66% | 11.20% | 10.85% | 11.10% | 9.90% | 9.34% |
Otter Tail Corporation's profitability ratios show varying trends over the period from March 31, 2020, to December 31, 2024.
1. Gross Profit Margin: The gross profit margin reflects the efficiency of the company in managing its production costs. Otter Tail's gross profit margin started at negative values in 2020 but saw a significant improvement by December 31, 2020. The margin continued to increase until reaching a peak of 137.76% on September 30, 2021, before stabilizing at around 60-65% from March 31, 2022, to December 31, 2024.
2. Operating Profit Margin: The operating profit margin indicates the company's ability to generate profits from its core operations. Otter Tail's operating profit margin steadily increased from 14.82% on March 31, 2020, to 28.59% on December 31, 2024. The company showed consistent improvement in operational efficiency over the analyzed period.
3. Pretax Margin: The pretax margin represents the proportion of each dollar of revenue that translates into pretax profit. Otter Tail demonstrated a steady rise in pretax margin from 11.26% on March 31, 2020, to 27.59% on December 31, 2024. This trend indicates the company's effective management of costs and expenses relative to its revenue.
4. Net Profit Margin: The net profit margin indicates the portion of revenue that translates into net profit after all expenses are deducted. Otter Tail's net profit margin showed consistent growth from 9.34% on March 31, 2020, to 22.68% on December 31, 2024. The company effectively increased its profitability over the analyzed period through efficient cost control and revenue optimization.
Overall, Otter Tail Corporation's profitability ratios reflect a positive trajectory, with improvements in gross, operating, pretax, and net profit margins over the period under review. It appears that the company has successfully enhanced its operational efficiency and profitability during this time frame.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.41% | 10.75% | 11.47% | 11.79% | 11.65% | 11.38% | 11.56% | 12.48% | 13.46% | 14.03% | 12.70% | 10.88% | 9.06% | 7.61% | 6.91% | 5.84% | 5.74% | 5.96% | 5.68% | 5.84% |
| Return on assets (ROA) | 8.26% | 8.54% | 8.99% | 9.20% | 9.07% | 8.74% | 8.75% | 9.19% | 9.79% | 10.14% | 9.12% | 7.82% | 6.42% | 5.30% | 4.75% | 3.89% | 3.72% | 3.85% | 3.61% | 3.68% |
| Return on total capital | 14.83% | 15.15% | 16.10% | 16.36% | 16.67% | 16.29% | 16.62% | 17.86% | 19.13% | 20.25% | 18.81% | 17.06% | 14.48% | 13.35% | 12.00% | 10.10% | 9.89% | 9.35% | 8.77% | 8.83% |
| Return on equity (ROE) | 18.08% | 18.65% | 19.87% | 20.44% | 20.39% | 19.85% | 20.38% | 21.73% | 23.35% | 24.81% | 23.49% | 20.86% | 17.84% | 15.10% | 13.88% | 11.48% | 11.01% | 11.45% | 10.50% | 10.60% |
Otter Tail Corporation's profitability ratios show a positive trend over the period analyzed.
1. Operating Return on Assets (Operating ROA) improved consistently from 5.84% in March 2020 to 10.41% in December 2024. This indicates the company's ability to generate operating income efficiently from its assets.
2. Return on Assets (ROA) also showed a similar upward trend, starting at 3.68% in March 2020 and reaching 8.26% by December 2024. This indicates that the company's overall profitability in relation to its total assets improved over the period.
3. Return on Total Capital increased steadily from 8.83% in March 2020 to 14.83% in December 2024. This metric demonstrates how efficiently the company generates returns from its total invested capital.
4. Return on Equity (ROE) also exhibited an upward trajectory, rising from 10.60% in March 2020 to 18.08% by December 2024. This shows the company's ability to generate profits for its shareholders based on their equity investments.
Overall, Otter Tail Corporation's profitability ratios indicate a positive performance, with consistent improvements in generating returns from assets, capital, and equity over the period under review.