Otter Tail Profit margin
What is the Profit margin of Otter Tail?
The Profit margin of Otter Tail Corporation is 21.81%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Utilities sector on NASDAQ compared to Otter Tail
What does Otter Tail do?
with offices in fergus falls, minnesota, and fargo, north dakota, otter tail corporation is a growing company with over $1.2 billion in revenues and more than 4,000 employees across many industries. our diversified operations include an electric utility, manufacturing, health services, food ingredient processing, plastics, construction and transportation. the otter tail companies collectively serve customers within the united states and in canada.
Companies with profit margin similar to Otter Tail
- Photon Control has Profit margin of 21.78%
- Axcelis Technologies Inc has Profit margin of 21.78%
- Landmark Bancorp Inc has Profit margin of 21.78%
- ResMed has Profit margin of 21.78%
- ResMed has Profit margin of 21.79%
- Resmed has Profit margin of 21.79%
- Otter Tail has Profit margin of 21.81%
- Tokyo Electron has Profit margin of 21.81%
- Diageo plc has Profit margin of 21.82%
- Revenio Oyj has Profit margin of 21.83%
- Danaher has Profit margin of 21.84%
- Shenwan Hongyuan Co has Profit margin of 21.85%
- Atenor SA has Profit margin of 21.86%