Otter Tail (OTTR) Tax Rate (2009 - 2026)
Otter Tail's (OTTR) quarterly Tax Rate came in at 6.29% in Q1 2026, down 661.0% year-on-year 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's Tax Rate history runs 18 years deep, the most recent figure standing at 6.29% for Q1 2026.
- On a quarterly basis, Tax Rate fell 661.0% year-over-year to 6.29% in Q1 2026; TTM through Mar 2026 was 12.8%, a 349.0% decrease from a year earlier, with the FY2025 full-year figure at 14.39%, down 339.0% from the prior year.
- Tax Rate declined to 6.29% in Q1 2026 per OTTR's latest filing, from 15.96% in the prior quarter.
- Across five years, Tax Rate topped out at 23.23% in Q2 2022 and bottomed at 6.29% in Q1 2026.
- The 5-year median for Tax Rate is 17.55% (2023), against an average of 16.87%.
- Across the five-year window, Tax Rate surged 674 bps in 2022 and plunged 661 bps in 2026, its largest moves.
- Year by year, Tax Rate stood at 14.65% in 2022, then climbed by 11 bps to 16.25% in 2023, then slipped by 20 bps to 12.94% in 2024, then climbed by 23 bps to 15.96% in 2025, then slumped by 61 bps to 6.29% in 2026.
- Per Business Quant, the three latest OTTR Tax Rate figures stand at 6.29% (Q1 2026), 15.96% (Q4 2025), and 14.07% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 16.34% |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | 20.96% |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 14.78% |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | -38.19% |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 16.08% |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 6.29% |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 28.22% |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 23.18% |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 22.16% |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 Mn | 189.36 Mn | -29.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.29% |
| Mar 31, 2026 | 6.29% |
| Mar 31, 2026 | 6.29% |
| Dec 31, 2025 | 15.96% |
| Dec 31, 2025 | 15.96% |
| Dec 31, 2025 | 15.96% |
| Sep 30, 2025 | 14.07% |
| Sep 30, 2025 | 14.07% |
| Sep 30, 2025 | 14.07% |
| Jun 30, 2025 | 14.94% |
| Jun 30, 2025 | 14.94% |
| Jun 30, 2025 | 14.94% |
| Mar 31, 2025 | 12.90% |
| Mar 31, 2025 | 12.90% |
| Mar 31, 2025 | 12.90% |
| Dec 31, 2024 | 12.94% |
| Dec 31, 2024 | 12.94% |
| Dec 31, 2024 | 12.94% |
| Sep 30, 2024 | 17.93% |
| Sep 30, 2024 | 17.93% |