Is Otter Tail Corp (OTTR) Halal?

NASDAQ Industrials United States $3.6B
✓ HALAL
Confidence: 95/100
Otter Tail Corp (OTTR) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 29.2% against the AAOIFI threshold of 30%, Otter Tail Corp comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Conglomerates), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 29.2%
/ 30%
11.7%
/ 30%
3.9%
/ 30%
1.83%
/ 5%
✓ HALAL
DJIM 29.2%
/ 33%
11.7%
/ 33%
3.9%
/ 33%
1.83%
/ 5%
✓ HALAL
MSCI 27.8%
/ 33%
11.1%
/ 33%
3.7%
/ 33%
1.83%
/ 5%
✓ HALAL
S&P 29.2%
/ 33%
11.7%
/ 33%
3.9%
/ 33%
1.83%
/ 5%
✓ HALAL
FTSE 27.8%
/ 33%
11.1%
/ 33%
3.7%
/ 50%
1.83%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
13.1
Forward: 16.0
EPS
$6.55
Dividend Yield
251.0%
Payout: 32.1%
P/B Ratio
1.9
EV/EBITDA
9.3
EV: $4.3B
Revenue
$1.3B
Growth: 1.6%
Beta
0.5
Low volatility
Current Ratio
2.3

Profitability

Gross Margin 43.2%
Operating Margin 22.2%
Net Margin 21.2%
Return on Equity (ROE) 15.6%
Return on Assets (ROA) 5.7%

Cash Flow & Balance Sheet

Operating Cash Flow$386M
Free Cash Flow$98M
Total Debt$1.1B
Debt-to-Equity60.7
Current Ratio2.3
Total Assets$4.0B

Price & Trading

Last Close$85.41
50-Day MA$87.02
200-Day MA$82.44
Avg Volume248K
Beta0.5
52-Week Range
$71.79
$90.41

About Otter Tail Corp (OTTR)

CEO
Mr. Charles S. MacFarlane
Employees
2,198
Sector
Industrials
Industry
Conglomerates
Country
United States
Exchange
NASDAQ
Market Cap
$3.6B
Currency
USD

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment generates, purchases, transmissions, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets. This segment generates electricity through coal, fuel oil, solar, wind, and natural gas for residential, commercial, and industrial customers. Its Manufacturing segment engages in metal fabrication services for custom machine parts and metal components and manufacturing thermoformed plastic products for use in the agriculture, construction, horticulture, industrial, lawn and garden, recreational vehicle, and other end markets. These businesses have manufacturing facilities in Georgia, Illinois, and Minnesota and sell products primarily in the United States. The Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries. This segment markets its products through independent sales representatives, company salespersons, and customer service representatives. Otter Tail Corporation was incorporated in 1907 and is headquartered in Fergus Falls, Minnesota.

Purification Calculator

As a halal stock with 1.83% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Otter Tail Corp (OTTR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Otter Tail Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Otter Tail Corp's debt ratio?

Otter Tail Corp's debt ratio is 29.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 27.8%.

Does Otter Tail Corp require dividend purification?

Yes, Otter Tail Corp has an impermissible income ratio of 1.83%, which means 1.83% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Otter Tail Corp's key financial metrics?

Otter Tail Corp has a market capitalization of $3.6B, trailing P/E ratio of 13.1, and revenue of $1.3B. The company maintains a gross margin of 43.2% and a net margin of 21.2%. Return on equity stands at 15.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.