Otter Tail Corp Annual Operating Margin in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Otter Tail Corp quarterly/annual Operating Margin history and growth rate from 2010 to 2023.
  • Otter Tail Corp Operating Margin for the quarter ending September 30, 2024 was 28.6 %, a 6.06% increase year-over-year.
  • Otter Tail Corp annual Operating Margin for 2023 was 27.9 %, a 5.08% increase from 2022.
  • Otter Tail Corp annual Operating Margin for 2022 was 26.6 %, a 27.4% increase from 2021.
  • Otter Tail Corp annual Operating Margin for 2021 was 20.9 %, a 24.5% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 27.9 +1.35 +5.08% Jan 1, 2023 Dec 31, 2023
2022 26.6 +5.72 +27.4% Jan 1, 2022 Dec 31, 2022
2021 20.9 +4.11 +24.5% Jan 1, 2021 Dec 31, 2021
2020 16.7 +2.08 +14.2% Jan 1, 2020 Dec 31, 2020
2019 14.7 +0.55 +3.9% Jan 1, 2019 Dec 31, 2019
2018 14.1 -1.46 -9.37% Jan 1, 2018 Dec 31, 2018
2017 15.6 +1.06 +7.3% Jan 1, 2017 Dec 31, 2017
2016 14.5 +0.51 +3.64% Jan 1, 2016 Dec 31, 2016
2015 14 +1.55 +12.4% Jan 1, 2015 Dec 31, 2015
2014 12.5 -0.22 -1.74% Jan 1, 2014 Dec 31, 2014
2013 12.7 -0.6 -4.52% Jan 1, 2013 Dec 31, 2013
2012 13.3 +4.72 +55.2% Jan 1, 2012 Dec 31, 2012
2011 8.56 -0.44 -4.89% Dec 31, 2010 Dec 31, 2011
2010 9 Dec 31, 2009 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.