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OTTR| Name | Value |
|---|---|
| Revenues | 337.7M |
| Cost of Revenue | 186.2M |
| Gross Profit | 151.5M |
| Operating Expense | 45.4M |
| Operating I/L | 106.1M |
| Other Income/Expense | -4.0M |
| Interest Income | 9.7M |
| Pretax | 102.0M |
| Income Tax Expense | 20.1M |
| Net Income/Loss | 82.0M |
Otter Tail Corporation operates in electric utility, manufacturing, and plastic pipe businesses. Its Electric segment produces, transmits, distributes, and sells electric energy in the Midwest, generating electricity through coal, wind, hydro, and natural gas. The Manufacturing segment engages in contract machining, metal parts stamping, fabrication, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components. The Plastics segment manufactures polyvinyl chloride pipes for various water systems. The company serves residential, industrial, and commercial customers, and markets its products through wholesalers, distributors, and independent sales representatives.
