Otter Tail Corp.
- OTTR ยท Nasdaq
- Electric Services
- Fergus Falls, MN
- 2,198 employees
- CIK 0001466593
Updated from SEC filings through
Top things to know
Executives
- Chuck MacFarlane CEO 8-K, 2026-11-03
- Charles S. MacFarlane President and Chief Executive Officer 10-K, 2026-02-18
- Tyler J. Nelson VP, Chief Financial Officer 4, 2026-04-15
- Todd Wahlund Vice President, Chief Financial Officer 10-K, 2026-02-18
- Timothy J. Rogelstad President 4, 2026-04-15
- Todd R. Wahlund Senior Vice President 4, 2026-04-15
What leadership is saying
“Our team members continue to deliver on our strategic growth plan and near-term priorities amidst a challenging operating environment”
Earnings press release (8-K Ex. 99.1), filed November 3, 2026
Otter Tail Corp is a U.S. public company in electric services (SIC 4911), headquartered in Fergus Falls, MN. It trades as OTTR on Nasdaq. Revenue was $1.3B in the fiscal year ending December 31, 2025, -2.3% from the year before. It reported about 2,198 employees. Chuck MacFarlane is CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $1.3B 10-K/A, 2026-02-23 | $1.3B 10-K/A, 2026-02-23 | $1.4B 10-K/A, 2026-02-23 | $1.5B 10-K, 2025-02-19 | $1.2B 10-K, 2024-02-14 |
| Operating income | $346M 10-K/A, 2026-02-23 | $380M 10-K/A, 2026-02-23 | $378M 10-K/A, 2026-02-23 | $390M 10-K, 2025-02-19 | $250M 10-K, 2024-02-14 |
| SG&A | $82.6M 10-K/A, 2026-02-23 | $80.1M 10-K/A, 2026-02-23 | $72.7M 10-K/A, 2026-02-23 | $69.7M 10-K, 2025-02-19 | $65.4M 10-K, 2024-02-14 |
| Net income | $276M 10-K/A, 2026-02-23 | $302M 10-K/A, 2026-02-23 | $294M 10-K/A, 2026-02-23 | $284M 10-K, 2025-02-19 | $177M 10-K, 2024-02-14 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Chuck MacFarlane | CEO | 8-K, 2026-11-03 |
| Charles S. MacFarlane | President and Chief Executive Officer | 10-K, 2026-02-18 |
| Tyler J. Nelson Chief Financial Officer at Otter Tail Corporation | VP, Chief Financial Officer | 4, 2026-04-15 |
| Todd Wahlund | Vice President, Chief Financial Officer | 10-K, 2026-02-18 |
| Timothy J. Rogelstad | President | 4, 2026-04-15 |
| Todd R. Wahlund | Senior Vice President | 4, 2026-04-15 |
| John S. Abbott President Varistar, Sr VP Otter Tail Corporation | Senior Vice President, Manufacturing Platform | 10-K, 2026-02-18 |
| Timothy Rogelstad | President of OTP and Senior Vice President, Electric Platform | 10-K, 2026-02-18 |
| Jennifer Smestad | Senior Vice President, General Counsel and Corporate Secretary | 10-K, 2026-02-18 |
| John Abbott | Senior Vice President, Manufacturing Platform | 10-K, 2026-02-18 |
| Paul L. Knutson Vice President of Human Resources at Otter Tail Corporation | VP, Human Resources | 4, 2026-08-12 |
| Jennifer O. Smestad Senior Vice President, General Counsel and Corporate Secretary at Otter Tail Corporation | SVP General Counsel & Corp Sec | 4, 2026-04-15 |
| Christopher Clark | Board member (per proxy) bio: Director | DEF 14A, 2026-03-02 |
| Steven Rasche | Board member (per proxy) bio: Director | DEF 14A, 2026-03-02 |
What Otter Tail Corp does
Otter Tail Corporation (OTC) is a holding company which has strategically invested in a portfolio of diversified operations including an electric utility and manufacturing and plastic pipe businesses. Our corporate offices are located in Fergus Falls, Minnesota and Fargo, North Dakota.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 42.0 million (as of October 31, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $3.1B (as of June 30, 2025) | 10-K/A, February 23, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting April 13, 2026 (filed March 2, 2026) | DEF 14A, March 2, 2026 |
| Auditor | Deloitte & Touche LLP (Minneapolis, Minnesota) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 11, 2026 | Paul L. Knutson VP, Human Resources | Sale | 725 | $68K | Form 4, August 12, 2026 |
| August 7, 2026 | Paul L. Knutson VP, Human Resources | Sale | 3,500 | $326K | Form 4, August 11, 2026 |
Recent 8-K events
- 8-K filed 2026-11-03
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-01
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-18
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-06-05
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-05-29
- Item 1.01 Entry into a material definitive agreement
- 8-K filed 2026-05-15
- Item 8.01 Other events
- 8-K filed 2026-05-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-15
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-14
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
Frequently asked questions about Otter Tail Corp
- What does Otter Tail Corp do?
- In its own words, from Item 1 of its 10-K: "Otter Tail Corporation (OTC) is a holding company which has strategically invested in a portfolio of diversified operations including an electric utility and manufacturing and plastic pipe businesses. Our corporate offices are located in Fergus Falls, Minnesota and Fargo, North Dakota."
- What is Otter Tail Corp's revenue?
- $1.3B for the fiscal year ending December 31, 2025, from its 10-K/A filed February 23, 2026.
- Is Otter Tail Corp profitable?
- Otter Tail Corp reported net income of $276M for the fiscal year ending December 31, 2025.
- How many employees does Otter Tail Corp have?
- About 2,198 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Otter Tail Corp?
- Chuck MacFarlane, CEO, as named in a 8-K filed November 3, 2026.
- Who is the CFO of Otter Tail Corp?
- Tyler J. Nelson, VP, Chief Financial Officer, as named in a 4 filed April 15, 2026.
- Where is Otter Tail Corp headquartered?
- Fergus Falls, MN.
- What is Otter Tail Corp's stock ticker?
- OTTR on Nasdaq.
- What industry is Otter Tail Corp in?
- Electric Services, SIC code 4911.
- What is Otter Tail Corp's website?
- ottertail.com.
- When does Otter Tail Corp report earnings next?
- February 2, 2027. Source: estimate_8k_pattern.
- Is Otter Tail Corp a public company?
- Yes. Otter Tail Corp files with the SEC under CIK 0001466593 and trades as OTTR.
- Who audits Otter Tail Corp?
- Deloitte & Touche LLP, Minneapolis, Minnesota, as named in its latest annual report (10-K).
- How many shares of Otter Tail Corp are outstanding?
- 42.0 million shares as of October 31, 2026, from its 10-Q filed November 4, 2026.
- What is Otter Tail Corp's public float?
- $3.1B as of June 30, 2025, as reported on the cover of its 10-K/A filed February 23, 2026.
- How many business segments does Otter Tail Corp report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is Otter Tail Corp's annual shareholder meeting?
- April 13, 2026, per its proxy statement (DEF 14A) filed March 2, 2026.
- Have Otter Tail Corp insiders traded stock recently?
- Since August 7, 2026, officers and directors reported 2 open-market sales worth about $394K and 0 purchases on Forms 4 and 5. The most recent: Paul L. Knutson (VP, Human Resources) sold 725 shares on August 11, 2026.