Otter Tail Corp Annual Return On Equity in % from 2014 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Otter Tail Corp quarterly/annual Return On Equity history and growth rate from 2014 to 2023.
  • Otter Tail Corp Return On Equity for the quarter ending June 30, 2024 was 21.1 %, a 2.91% decline year-over-year.
  • Otter Tail Corp annual Return On Equity for 2023 was 21.6 %, a 13.1% decline from 2022.
  • Otter Tail Corp annual Return On Equity for 2022 was 24.9 %, a 31.9% increase from 2021.
  • Otter Tail Corp annual Return On Equity for 2021 was 18.9 %, a 64.7% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 21.6 -3.26 -13.1% Jan 1, 2023 Dec 31, 2023
2022 24.9 +6.03 +31.9% Jan 1, 2022 Dec 31, 2022
2021 18.9 +7.41 +64.7% Jan 1, 2021 Dec 31, 2021
2020 11.5 -0.03 -0.26% Jan 1, 2020 Dec 31, 2020
2019 11.5 +0.04 +0.35% Jan 1, 2019 Dec 31, 2019
2018 11.5 +0.93 +8.84% Jan 1, 2018 Dec 31, 2018
2017 10.5 +0.84 +8.68% Jan 1, 2017 Dec 31, 2017
2016 9.67 -0.3 -3.01% Jan 1, 2016 Dec 31, 2016
2015 9.98 -0.33 -3.2% Jan 1, 2015 Dec 31, 2015
2014 10.3 Jan 1, 2014 Dec 31, 2014
* An asterisk sign (*) next to the value indicates that the value is likely invalid.