What is the Return on Assets (ROA) of Otter Tail this year?
The Return on Assets (ROA) of Otter Tail is 0.09 undefined this year.
Otter Tail ROA 2024
Otter Tail ROA
0.09
Ticker
OTTR
ISIN
US6896481032
WKN
919111
In 2024, Otter Tail's return on assets (ROA) was 0.09, a -7.37% increase from the 0.1 ROA in the previous year.
Otter Tail Aktienanalyse
What does Otter Tail do?
Otter Tail Corp is a US-based company headquartered in Fergus Falls, Minnesota. The company's history dates back to 1907 when Otter Tail Power Company was founded. Over the years, Otter Tail Power Company expanded its business and became a major producer and supplier of electricity in the region. Today, Otter Tail Corp is a conglomerate of various subsidiaries operating in different industries. The company operates in four business segments: Energy, Food, Printing, and Healthcare. The energy segment includes Otter Tail Power Company as well as its subsidiaries BTD Manufacturing Inc., a precision sheet metal fabrication company for various industries, and T.O. Plastics, specialized in the manufacturing of plastic parts and packaging. Otter Tail Power Company is a regional electricity provider and produces electricity from various sources such as coal, natural gas, water, and wind power. The food segment includes subsidiaries Big Fork Brands, a manufacturer of artisan sausages and meat snacks, and Lund Boats, a manufacturer of sport boats. Both companies specialize in niche markets and differentiate themselves through high-quality products and customer orientation. In the printing segment, Otter Tail Corp operates through subsidiary OTC Printing, which offers a wide range of printing and publishing services. The company specializes in the production of textbooks, catalogs, trade journals, as well as direct mail campaigns. Lastly, Otter Tail Corp is involved in healthcare, with its subsidiaries Blue Cross Blue Shield of North Dakota and aequitasMD offering health insurance and healthcare administration services. Although Otter Tail Corp operates in different industries, the company's business model is based on a common strategy built on two key principles: diversification and value creation. The company has invested in various industries to minimize the risk associated with exclusive reliance on a specific market. At the same time, Otter Tail Corp has developed a culture of strategic planning and implementation to ensure long-term economic success for each subsidiary. Otter Tail Corp is known for its wide range of products, ranging from electricity to artisan sausages and boats. The company's various subsidiaries specialize in different markets, excelling in high-quality products and customer orientation. Otter Tail Power Company produces and supplies electricity to households and businesses in Minnesota, South Dakota, and North Dakota. The precision sheet metal fabrication parts manufactured by BTD Manufacturing are used in various industries, including agriculture, automotive, and aviation. T.O. Plastics provides solutions for a variety of industries with its plastic parts and packaging, including medical technology, pharmaceuticals, and food packaging. Big Fork Brands produces artisan sausages and meat snacks made from high-quality meat and natural ingredients. The company specializes in the production of traditionally smoked sausages prepared according to old family recipes. Lund Boats is a leading manufacturer of sport boats. Utilizing the latest technology and utilizing high-quality materials, Lund Boats produces excellent boats designed for long-term use. Otter Tail Corp is a company that has implemented unparalleled diversification and long-term planning to succeed in different industries while achieving maximum value creation for its customers. With a broad portfolio of products and services, Otter Tail Corp is a key player in various markets in the Midwest of the United States. Otter Tail ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Otter Tail's Return on Assets (ROA)
Otter Tail's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Otter Tail's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Otter Tail's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Otter Tail’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Otter Tail stock
What was the ROA of Otter Tail compared to the previous year?
The ROA of Otter Tail has increased by -7.37% compared to the previous year.
What consequences do high ROA have for investors of Otter Tail?
A high ROA is advantageous for investors of Otter Tail, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Otter Tail?
A low ROA can be unfavorable for investors of Otter Tail as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Otter Tail affect the company?
An increase in ROA of Otter Tail can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Otter Tail impact the company?
A reduction in the ROA of Otter Tail can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Otter Tail?
Some factors that can influence the ROA of Otter Tail include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Otter Tail important for investors?
The ROA of Otter Tail is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Otter Tail take to improve ROA?
To improve ROA, Otter Tail can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Otter Tail pay?
Over the past 12 months, Otter Tail paid a dividend of 1.75 USD . This corresponds to a dividend yield of about 2.04 %. For the coming 12 months, Otter Tail is expected to pay a dividend of 2.02 USD.
What is the dividend yield of Otter Tail?
The current dividend yield of Otter Tail is 2.04 %.
When does Otter Tail pay dividends?
Otter Tail pays a quarterly dividend. This is distributed in the months of September, December, March, June.
How secure is the dividend of Otter Tail?
Otter Tail paid dividends every year for the past 25 years.
What is the dividend of Otter Tail?
For the upcoming 12 months, dividends amounting to 2.02 USD are expected. This corresponds to a dividend yield of 2.36 %.
In which sector is Otter Tail located?
Otter Tail is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Otter Tail kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Otter Tail from 6/10/2024 amounting to 0.468 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.
When did Otter Tail pay the last dividend?
The last dividend was paid out on 6/10/2024.
What was the dividend of Otter Tail in the year 2023?
In the year 2023, Otter Tail distributed 1.65 USD as dividends.
In which currency does Otter Tail pay out the dividend?
The dividends of Otter Tail are distributed in USD.
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Andere Kennzahlen von Otter Tail
Our stock analysis for Otter Tail Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Otter Tail Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
