WallStSmart
ALE

Allete Inc

NYSE: ALE · UTILITIES · UTILITIES - DIVERSIFIED

$67.90
+0.00% today

Updated 2026-05-06

Market cap
$3.94B
P/E ratio
23.82
P/S ratio
2.63x
EPS (TTM)
$2.85
Dividend yield
4.26%
52W range
$62 – $68
Volume
4.4M

Allete Inc (ALE) Financial statements

SEC filings — annual and quarterly data.

Profit margin
11.00%
Operating margin
8.35%
ROE
2.58%
ROA
1.32%
Debt/equity
0.78x

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2005$737.40M$17.60M62.96%16.68%2.39%
2006$767.10M$77.30M63.28%18.34%10.08%
2007$841.70M$87.60M58.70%15.88%10.41%
2008$801.00M$82.50M61.85%14.64%10.30%
2009$759.10M$61.00M63.18%13.96%8.04%
2010$907.00M$75.30M23.85%14.97%8.30%
2011$928.20M$93.80M25.90%16.34%10.11%
2012$961.20M$97.10M26.57%16.15%10.10%
2013$1.02B$104.70M30.68%15.13%10.28%
2014$1.14B$124.80M32.56%16.61%10.98%
2015$1.49B$141.10M31.51%16.94%9.49%
2016$1.34B$155.30M34.06%15.91%11.59%
2017$1.42B$172.20M32.38%16.14%12.13%
2018$1.50B$174.10M30.88%13.29%11.62%
2019$1.24B$185.60M35.07%14.49%14.96%
2020$1.17B$174.20M36.34%12.91%14.90%
2021$1.42B$169.20M31.95%10.66%11.92%
2022$1.57B$189.30M28.45%8.54%12.05%
2023$1.88B$247.10M26.06%9.62%13.15%
2024$1.53B$179.30M32.49%10.47%11.72%