Otter Tail (OTTR) Tax Rate (2009 - 2026)
Otter Tail's Tax Rate came in at 73.70% for Q2 2026, up 58.71 percentage points from 14.99% a year earlier and up 67.41 percentage points from the prior quarter.
Otter Tail (OTTR) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Otter Tail reported Tax Rate of 3.14%, down 11.89 percentage points year-over-year; for FY2025, it came in at 14.39%, down 3.39 percentage points from FY2024.
- Tax Rate has declined in each of the last three years, with a five-year change of -3.02 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 17.78% in FY2024 (-1.29 pp), 19.06% in FY2023 (-1.45 pp), 20.52% in FY2022 (+3.58 pp) and 16.94% in FY2021 (-0.47 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate in data going back to Q2 2009.
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of +4.27 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2026 (a gain of 58.71 percentage points), and the weakest in Q1 2026 (a drop of 6.61 percentage points).
- Business Quant data shows OTTR's Tax Rate at 6.29% (Q1 2026), 15.96% (Q4 2025) and 14.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 16.49% |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 8.23% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 14.13% |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 14.18% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 19.98% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 22.22% |
| 10 | Otter Tail | 3.74 Bn | 2.19 Bn | 216.33 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 6.29% |
| Dec 31, 2025 | 15.96% |
| Sep 30, 2025 | 14.07% |
| Jun 30, 2025 | 14.99% |
| Mar 31, 2025 | 12.90% |
| Dec 31, 2024 | 12.94% |
| Sep 30, 2024 | 17.93% |
| Jun 30, 2024 | 19.14% |
| Mar 31, 2024 | 19.33% |
| Dec 31, 2023 | 16.25% |
| Sep 30, 2023 | 21.19% |
| Jun 30, 2023 | 19.66% |
| Mar 31, 2023 | 17.55% |
| Dec 31, 2022 | 14.65% |
| Sep 30, 2022 | 21.09% |
| Jun 30, 2022 | 23.23% |
| Mar 31, 2022 | 19.67% |
| Dec 31, 2021 | 17.13% |
| Sep 30, 2021 | 18.31% |
| Jun 30, 2021 | 16.49% |
Otter Tail Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=OTTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "OTTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=OTTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();