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Otter Tail OTTR Q4 2024 Annual earnings

Reported February 17, 2025 · After market close

Revenue$303.1MMiss by $11.6M
EPS$1.30Beat by $0.04
Revenue estimate$314.8M
EPS estimate$1.26

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$326.1M
EPS estimate$1.48

Financials

Q4 2024

Income statement

See full
Revenue$303.5M-2.7%
Gross profit$212.0M+1.3%
Operating income$66.8M-4.6%
Net income$54.9M-5.0%
EPS (diluted)$1.30-5.1%

Balance sheet

See full
Cash & equivalents$294.7M+27.9%
Total debt$1.0B+12.9%
Total equity$1.7B+15.6%
Total assets$3.7B+12.6%

Cash flow

See full
Operating cash flow$130.0M+51.1%
CapEx$98.9M+72.6%
Free cash flow$31.1M+8.1%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$3.09B-12.8%
Enterprise value$3.84B-9.4%
P/E10.2×-1.8×
P/S2.3×-0.3×

Profitability

See full
Gross margin67.3%+1.0pp
Operating margin28.6%+0.6pp
Net margin22.7%+0.9pp
FCF margin7.1%-1.6pp

Returns & leverage

See full
Return on equity19.4%-2.7pp
Debt / equity0.6×0.0×
Current ratio+0.2×

Segments

By product

See full
Retail: Commercial and Industrial$86.1M+5.0%
Metal Parts and Tooling$57.1M-30.6%
Retail: Residential$33.4M+7.4%
Transmission$13.7M+14.8%
Plastic Products and Tooling$8.2M-1.4%

By segment

See full
Plastics$96.7M+8.5%
Manufacturing$66.6M-28.2%

Versus estimates

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Questions, answered.

When did Otter Tail report Q4 2024 earnings?
Otter Tail (OTTR) reported Q4 2024 earnings on February 17, 2025 after market close.
What were Otter Tail's Q4 2024 revenue and EPS?
Otter Tail reported revenue of $303.1M and eps of $1.30 for Q4 2024.
Did Otter Tail beat estimates in Q4 2024?
Revenue missed the consensus estimate of $314.8M by $11.6M. EPS beat the consensus estimate of $1.26 by $0.04.
Where can I find Otter Tail's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001466593-25-000034) directly on SEC EDGAR. The filing index links above go to sec.gov.