Otter Tail (OTTR) Tax Rate (2009 - 2026)

Otter Tail (OTTR) reported Tax Rate of 6.29% for Q1 2026, down 661.0% on a YoY basis from 1.12% in Q1 2025, and down 60.57% quarter-over-quarter from 15.96% in Q4 2025.

Otter Tail (OTTR) Tax Rate (2009 - 2026) Analysis & Trends

Otter Tail has reported Tax Rate for 18 years, with the latest figure at 6.29% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 661.0% year-over-year to 6.29%; the trailing twelve-month figure through Mar 2026 stood at 12.8% (down 349.0% YoY), and the FY2025 full-year result was 14.39%, down 339.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 6.29%, down from 15.96% in the prior quarter.
  • The five-year high for Tax Rate was 23.23% in Q2 2022, with the low at 6.29% in Q1 2026.
  • Historically, Tax Rate has averaged 16.87% across 5 years, with a median of 17.55% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate soared 674 bps — and 2026, when it plunged 661 bps.
  • Otter Tail's Tax Rate stood at 14.65% in 2022, then advanced by 11 bps to 16.25% in 2023, then decreased by 20 bps to 12.94% in 2024, then advanced by 23 bps to 15.96% in 2025, then tumbled by 61 bps to 6.29% in 2026.
  • The last three Tax Rate figures came in at 6.29% (Q1 2026), 15.96% (Q4 2025), and 14.07% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Pampa Energy 1,836.33 Bn 900.18 Bn 109.00 Mn -31.82
2 Honeywell International 145.45 Bn 134.13 Bn 3.54 Bn 10.27
3 3M 85.14 Bn 81.04 Bn 2.46 Bn 25.17
4 Valmont Industries 11.12 Bn 10.97 Bn 316.88 Mn 14.78
5 Seaboard 4.59 Bn 3.45 Bn 217.00 Mn 16.08
6 Otter Tail 3.66 Bn 3.25 Bn 239.49 Mn 6.29
7 Tetra Technologies 1.37 Bn 1.37 Bn 38.23 Mn 28.22
8 Deluxe 1.04 Bn 1.01 Bn 279.40 Mn 23.18
9 Matthews International 826.85 Mn 790.76 Mn 101.98 Mn 22.16
10 Compass Diversified Holdings 760.64 Mn 828.28 Mn 189.36 Mn -29.72

Historic Data

Download Data
DateValue
Mar 31, 2026 6.29%
Mar 31, 2026 6.29%
Dec 31, 2025 15.96%
Dec 31, 2025 15.96%
Sep 30, 2025 14.07%
Sep 30, 2025 14.07%
Jun 30, 2025 14.94%
Jun 30, 2025 14.94%
Mar 31, 2025 12.90%
Mar 31, 2025 12.90%
Dec 31, 2024 12.94%
Dec 31, 2024 12.94%
Sep 30, 2024 17.93%
Sep 30, 2024 17.93%
Jun 30, 2024 19.14%
Jun 30, 2024 19.14%
Mar 31, 2024 19.33%
Mar 31, 2024 19.33%
Dec 31, 2023 16.25%
Dec 31, 2023 16.25%