Our Business Strategy

Otter Tail Corporation employs a diversified business model with a regulated electric utility at its core, completed by manufacturing and plastic pipe businesses. Our mission is to deliver value to our shareholders, customers and employees by building strong electric and manufacturing platforms.

Our electric platform provides predictable earnings through consistent rate base growth while our manufacturing platform regularly produces accretive returns and incremental cash. This strategic mix of businesses has enabled us to produce a utility industry leading return on equity over the long term.

Our diversified business model continues to serve us and our shareholders well – it allows us to fund our electric platform’s significant, customer-focused capital investment plan without the need for external equity.

For more information regarding our business portfolio, strategy and customer-focused growth plan, please refer to our latest investor presentation.



Key Performance Indicators

2024 revenues

$1,331 M

2024 net income

$302 M

2024 earnings

$7.17

per share

2025 dividends

$2.10

indicated annual rate

Investment Highlights

Balanced Growth and Income Model

Stable and Growing Utility Base

Successful Manufacturing Businesses

Prudent Capital Allocation Strategy

 

Otter Tail Corporation
215 South Cascade Street
P.O. Box 496
Fergus Falls, MN 56538

Transfer Agent (Individual Investors)
EQ Shareowner Services
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120
866-605-8638

Institutional Investors
Beth Eiken
701-451-3571
beiken@ottertail.com