Otter Tail
OTTR
$84.25
Share price
2.38%
Change (1 day)
14.97%
Change (1 year)
Categories
Operating Margin for Otter Tail (OTTR)
Operating Margin as of April 2024 (TTM): 24.48%
According to Otter Tail's latest financial reports and stock price the company's current Operating Margin is 24.48%. At the end of 2022 the company had an Operating Margin of 24.49%.
Operating Margin history for Otter Tail from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 24.49% | 37.7% |
| 2021 | 17.78% | 36.38% |
| 2020 | 13.04% | 14.96% |
| 2019 | 11.34% | 7.23% |
| 2018 | 10.58% | -9.4% |
| 2017 | 11.68% | 14.24% |
| 2016 | 10.22% | -0.67% |
| 2015 | 10.29% | 11.97% |
| 2014 | 9.19% | 28.82% |
| 2013 | 7.13% | 49.11% |
| 2012 | 4.78% | 168.43% |
| 2011 | 1.78% | 664.93% |
| 2010 | 0.23% | -88.7% |
| 2009 | 2.06% | -46.12% |
| 2008 | 3.83% | -42.15% |
| 2007 | 6.61% | -6.14% |
| 2006 | 7.05% | -8.77% |
| 2005 | 7.72% | 19.59% |
| 2004 | 6.46% | -10.88% |
| 2003 | 7.25% | -22.25% |
| 2002 | 9.32% | -4.26% |
| 2001 | 9.74% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Alliant Energy LNT | 16.83% | -31.25% | 🇺🇸 USA |
 Ameren
AEE | 15.77% | -35.58% | 🇺🇸 USA |
 Xcel Energy XEL | 10.45% | -57.31% | 🇺🇸 USA |
 MGE Energy
MGEE | 19.19% | -21.61% | 🇺🇸 USA |
 MDU Resources
MDU | 6.62% | -72.96% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 12.28% | -49.84% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.