allete inc. - ALE

ALE

Close Chg Chg %
67.94 -0.06 -0.08%

Closed Market

67.88

-0.06 (0.08%)

Volume: 4.39M

Last Updated:

Dec 12, 2025, 3:59 PM EDT

Company Overview: allete inc. - ALE

ALE Key Data

Open

$67.97

Day Range

67.88 - 67.98

52 Week Range

62.38 - 67.98

Market Cap

N/A

Shares Outstanding

NaN

Public Float

N/A

Beta

0.82

Rev. Per Employee

N/A

P/E Ratio

23.79

EPS

$2.86

Yield

426.36%

Dividend

$0.73

EX-DIVIDEND DATE

Aug 15, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.06M

 

ALE Performance

1 Week
 
0.00%
 
1 Month
 
0.41%
 
3 Months
 
2.46%
 
1 Year
 
5.39%
 
5 Years
 
12.06%
 

ALE Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About allete inc. - ALE

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, and Corporate and Other. The Regulated Operations segment includes regulated utilities, Minnesota Power, SWL&P, and investment in ATC, which regulates utilities that own and maintain electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The Corporate and Other segment includes New Energy, South Shore Energy, BNI Energy, ALLETE Properties, a small amount of non-rate base generation, land holdings, and earnings on cash and investments. The company was founded on January 25, 1906 and is headquartered in Duluth, MN.

ALE At a Glance

ALLETE, Inc.
30 West Superior Street
Duluth, Minnesota 55802-2093
Phone 1-218-279-5000 Revenue 1.53B
Industry Alternative Power Generation Net Income 179.30M
Sector Utilities Employees 1,616
Fiscal Year-end 12 / 2025
View SEC Filings

ALE Valuation

P/E Current 23.789
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 20.889
Price to Sales Ratio 2.448
Price to Book Ratio 1.317
Price to Cash Flow Ratio 8.19
Enterprise Value to EBITDA 13.793
Enterprise Value to Sales 3.952
Total Debt to Enterprise Value 0.299

ALE Efficiency

Revenue/Employee 946,658.416
Income Per Employee 110,952.97
Receivables Turnover 10.33
Total Asset Turnover 0.207

ALE Liquidity

Current Ratio 1.077
Quick Ratio 0.694
Cash Ratio 0.13

ALE Profitability

Gross Margin 14.74
Operating Margin 10.465
Pretax Margin 8.263
Net Margin 11.72
Return on Assets 2.43
Return on Equity 6.338
Return on Total Capital 3.849
Return on Invested Capital 3.959

ALE Capital Structure

Total Debt to Total Equity 63.564
Total Debt to Total Capital 38.862
Total Debt to Total Assets 24.492
Long-Term Debt to Equity 60.112
Long-Term Debt to Total Capital 36.752
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Allete Inc. - ALE

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.42B 1.57B 1.88B 1.53B
Sales Growth
+21.39% +10.68% +19.68% -18.62%
Cost of Goods Sold (COGS) incl D&A
1.20B 1.37B 1.64B 1.30B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
231.70M 242.20M 251.80M 278.20M
Depreciation
- - - 271.30M
-
Amortization of Intangibles
- - - 6.90M
-
COGS Growth
+24.46% +14.09% +20.17% -20.55%
Gross Income
221.80M 204.60M 238.10M 225.50M
Gross Income Growth
+7.15% -7.75% +16.37% -5.29%
Gross Profit Margin
+15.63% +13.03% +12.67% +14.74%
2021 2022 2023 2024 5-year trend
SG&A Expense
- - - -
-
Research & Development
- - - -
-
Other SG&A
- - - -
-
SGA Growth
- - - -
-
Other Operating Expense
70.50M 70.40M 57.20M 65.40M
Unusual Expense
- - - -
-
EBIT after Unusual Expense
151.30M 134.20M 180.90M 160.10M
Non Operating Income/Expense
28.70M 41.10M 106.70M 48.00M
Non-Operating Interest Income
- - - 4.00M
-
Equity in Earnings of Affiliates
20.00M 18.70M 21.70M 25.00M
Interest Expense
69.10M 75.20M 80.80M 81.70M
Interest Expense Growth
+5.34% +8.83% +7.45% +1.11%
Gross Interest Expense
69.10M 75.20M 80.80M 81.70M
Interest Capitalized
- - - -
-
Pretax Income
110.90M 100.10M 206.80M 126.40M
Pretax Income Growth
-9.17% -9.74% +106.59% -38.88%
Pretax Margin
+7.81% +6.37% +11.00% +8.26%
Income Tax
(26.90M) (31.20M) 27.90M 4.70M
Income Tax - Current - Domestic
- 7.30M 10.30M 20.50M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
(26.40M) (38.00M) 18.00M (15.10M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
500.00K 500.00K 400.00K 700.00K
Equity in Earnings of Affiliates
20.00M 18.70M 21.70M 25.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
137.80M 131.30M 178.90M 121.70M
Minority Interest Expense
(31.40M) (58.00M) (68.20M) (57.60M)
Net Income
169.20M 189.30M 247.10M 179.30M
Net Income Growth
-2.87% +11.88% +30.53% -27.44%
Net Margin Growth
+11.92% +12.05% +13.15% +11.72%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
169.20M 189.30M 247.10M 179.30M
Preferred Dividends
- - - -
-
Net Income Available to Common
169.20M 189.30M 247.10M 179.30M
EPS (Basic)
3.229 3.3864 4.3124 3.1074
EPS (Basic) Growth
-3.80% +4.87% +27.34% -27.94%
Basic Shares Outstanding
52.40M 55.90M 57.30M 57.70M
EPS (Diluted)
3.2229 3.3804 4.3049 3.1021
EPS (Diluted) Growth
-3.98% +4.89% +27.35% -27.94%
Diluted Shares Outstanding
52.50M 56.00M 57.40M 57.80M
EBITDA
383.00M 376.40M 432.70M 438.30M
EBITDA Growth
+3.88% -1.72% +14.96% +1.29%
EBITDA Margin
+26.99% +23.96% +23.02% +28.65%

Snapshot

Average Recommendation HOLD Average Target Price 67.00
Number of Ratings 1 Current Quarters Estimate N/A
FY Report Date N/A Current Year's Estimate 4.02
Last Quarter’s Earnings 0.46 Median PE on CY Estimate N/A
Year Ago Earnings 3.49 Next Fiscal Year Estimate 4.262
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates N/A N/A 1 1
Mean Estimate N/A N/A 4.02 4.26
High Estimates N/A N/A 4.02 4.26
Low Estimate N/A N/A 4.02 4.26
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 1
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Overweight

Insider Actions for Allete Inc. - ALE

Date Name Shares Transaction Value
Mar 14, 2025 Jeffrey John Scissons VP CFO & Corp Treasurer 4,074 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Allete Inc. in the News