ALLETE, Inc.

ALE

NYSE

67.61

USD

+0.01(+0.01%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

ALLETE, Inc. fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

23.72

Price/Book

1.38

Debt/Equity

78.44%

Return on Equity

5.80%

Dividend Yield

4.28%

EBITDA

486.30M

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	1,169,100,000	1,419,200,000	1,570,700,000	1,879,800,000	1,529,800,000
Gross Profit	424,800,000	453,500,000	446,800,000	489,900,000	497,000,000
Operating Income	150,900,000	151,300,000	134,199,999	180,900,000	160,100,000
Net Income	174,200,000	169,200,000	189,300,000	247,100,000	179,300,000
Total Assets	6,810,300,000	7,165,200,000	7,609,500,000	7,365,000,000	7,391,400,000
Total Current Liabilities	459,600,000	543,400,000	716,200,000	377,600,000	404,200,000
Total Equity	2,800,200,000	2,946,300,000	3,348,300,000	3,407,100,000	3,390,500,000
Free Cash Flow	-418,000,000	-209,800,000	800,000	314,100,000	102,200,000
Cash from Operations	299,800,000	263,500,000	221,300,000	585,300,000	457,100,000
Cash from Investing	-812,800,000	-485,200,000	-384,000,000	-283,600,000	-340,700,000
Cash from Financing	485,700,000	204,200,000	155,200,000	-262,500,000	-140,600,000
Net Change in Cash	-27,300,000	-17,500,000	-7,500,000	39,200,000	-24,200,000

ALLETE, Inc.

ALE

67.61

ALLETE, Inc. fundamentals

Key ratios

Statements Highlights

Dividends

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