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| Date | Value |
|---|---|
| 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% |