Otter Tail Corp
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 19, 2025
OTTR$79.86+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
| Description | Page | |
|---|---|---|
| Definitions | 2 | |
| Where to Find More Information | 3 | |
| Forward-Looking Information | 3 | |
| PART I | ||
| ITEM 1. | Business | 4 |
| ITEM 1A. | Risk Factors | 19 |
| ITEM 1B. | Unresolved Staff Comments | 27 |
| ITEM 1C. | Cybersecurity | 27 |
| ITEM 2. | Properties | 29 |
| ITEM 3. | Legal Proceedings | 30 |
| ITEM 3A. | Information About Our Executive Officers (as of February 19, 2025) | 30 |
| ITEM 4. | Mine Safety Disclosures | 30 |
| PART II | ||
| ITEM 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 31 |
| ITEM 6. | [Reserved] | 31 |
| ITEM 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 31 |
| ITEM 7A. | Quantitative and Qualitative Disclosures About Market Risk | 45 |
| ITEM 8. | Financial Statements: | |
| Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | 47 | |
| Consolidated Balance Sheets | 49 | |
| Consolidated Statements of Income | 50 | |
| Consolidated Statements of Comprehensive Income | 51 | |
| Consolidated Statements of Shareholders’ Equity | 52 | |
| Consolidated Statements of Cash Flows | 53 | |
| Notes to Consolidated Financial Statements | 54 | |
| ITEM 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 85 |
| ITEM 9A. | Controls and Procedures | 85 |
| ITEM 9B. | Other Information | 86 |
| ITEM 9C. | Disclosure Regarding Foreign Jurisdictions That Prevent Inspections | 86 |
| PART III | ||
| ITEM 10. | Directors, Executive Officers and Corporate Governance | 87 |
| ITEM 11. | Executive Compensation | 87 |
| ITEM 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 87 |
| ITEM 13. | Certain Relationships and Related Transactions, and Director Independence | 87 |
| ITEM 14. | Principal Accountant Fees and Services | 88 |
| PART IV | ||
| ITEM 15. | Exhibits and Financial Statement Schedules | 89 |
| Signatures | 98 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.