Otter Tail (OTTR) Gross Margin (2009 - 2026)
Otter Tail's (OTTR) quarterly Gross Margin came in at 69.01% in Q1 2026, down 4.0% year-on-year from 71.89% in Q1 2025, and down 2.01% quarter-over-quarter from 70.43% in Q4 2025.
Otter Tail (OTTR) Gross Margin (2009 - 2026) Analysis & Trends
Otter Tail's Gross Margin history runs 18 years deep, the most recent figure standing at 69.01% for Q1 2026.
- On a quarterly basis, Gross Margin fell 4.0% year-over-year to 69.01% in Q1 2026; TTM through Mar 2026 was 69.11%, a 123.0% increase from a year earlier, with the FY2025 full-year figure at 69.12%, up 178.0% from the prior year.
- Gross Margin retreated to 69.01% in Q1 2026 per OTTR's latest filing, from 70.43% in the prior quarter.
- Across five years, Gross Margin topped out at 95.7% in Q3 2022 and bottomed at 63.22% in Q4 2022.
- The 5-year median for Gross Margin is 67.74% (2023), against an average of 62.87%.
- Across the five-year window, Gross Margin sank 3525 bps in 2022 and soared 13096 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 63.22% in 2022, then soared by 207 bps to 67.74% in 2023, then rose by 3 bps to 69.83% in 2024, then rose by 1 bps to 70.43% in 2025, then slipped by 2 bps to 69.01% in 2026.
- Per Business Quant, the three latest OTTR Gross Margin figures stand at 69.01% (Q1 2026), 70.43% (Q4 2025), and 68.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 41.28% |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | 37.59% |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 30.79% |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | 20.35% |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 9.04% |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 69.01% |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 24.46% |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 51.92% |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 39.43% |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 Mn | 189.36 Mn | 44.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.01% |
| Dec 31, 2025 | 70.43% |
| Sep 30, 2025 | 68.92% |
| Jun 30, 2025 | 68.18% |
| Mar 31, 2025 | 69.06% |
| Dec 31, 2024 | 69.83% |
| Sep 30, 2024 | 66.97% |
| Jun 30, 2024 | 65.88% |
| Mar 31, 2024 | 66.95% |
| Dec 31, 2023 | 67.74% |
| Sep 30, 2023 | 66.96% |
| Jun 30, 2023 | 64.27% |
| Mar 31, 2023 | 66.86% |
| Dec 31, 2022 | -63.22% |
| Sep 30, 2022 | 95.70% |
| Jun 30, 2022 | 95.69% |
| Mar 31, 2022 | 59.52% |
| Dec 31, 2021 | -32.56% |
| Sep 30, 2021 | 94.87% |
| Jun 30, 2021 | 57.08% |