
ALLETE Inc
NYSE:ALE

ALLETE Inc
Total Current Assets
ALLETE Inc
Total Current Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Current Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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ALLETE Inc
NYSE:ALE
|
Total Current Assets
$435.2m
|
CAGR 3-Years
14%
|
CAGR 5-Years
10%
|
CAGR 10-Years
0%
|
|
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Southern Co
NYSE:SO
|
Total Current Assets
$10.7B
|
CAGR 3-Years
6%
|
CAGR 5-Years
2%
|
CAGR 10-Years
5%
|
|
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Duke Energy Corp
NYSE:DUK
|
Total Current Assets
$13B
|
CAGR 3-Years
9%
|
CAGR 5-Years
7%
|
CAGR 10-Years
1%
|
|
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Nextera Energy Inc
NYSE:NEE
|
Total Current Assets
$12B
|
CAGR 3-Years
9%
|
CAGR 5-Years
10%
|
CAGR 10-Years
6%
|
|
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American Electric Power Company Inc
NASDAQ:AEP
|
Total Current Assets
$5.8B
|
CAGR 3-Years
-9%
|
CAGR 5-Years
7%
|
CAGR 10-Years
3%
|
|
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Constellation Energy Corp
NASDAQ:CEG
|
Total Current Assets
$10.8B
|
CAGR 3-Years
11%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
ALLETE Inc
Glance View
ALLETE Inc., a company rooted in the cold, industrious landscapes of Minnesota, is a prominent player in the energy sector, with its tendrils reaching into adjacent markets as well. Primarily, ALLETE provides electricity in the Upper Midwest through its Minnesota Power unit. Over the years, it has harnessed the abundant natural resources of the region to generate power, pivoting decisively to incorporate renewable sources like wind and hydroelectric power. This strategic shift not only aligns with global environmental trends but also taps into an array of government incentives aimed at reducing carbon footprints. By effectively balancing its traditional coal-fired plants with these renewable sources, ALLETE has positioned itself as a responsible energy provider, staying ahead amid growing environmental concerns and regulatory pressures. Simultaneously, ALLETE's portfolio extends beyond just selling electricity. Its infrastructure and related services segment, led by ALLETE Clean Energy and U.S. Water Services, is designed to facilitate growth opportunities. ALLETE Clean Energy markets its wind-generated power across the United States, while U.S. Water Services offers integrated water management solutions to industries, reducing consumption and improving efficiency. Each subsidiary operates synergistically, driving growth while expanding ALLETE’s revenue streams. By capitalizing on emerging trends, not just in energy but in adjacent resource management sectors, ALLETE is sculpting its narrative as an adaptable and future-oriented company. Through this diversified approach, it pursues sustained returns for its stakeholders while contributing to a cleaner and more resource-efficient future.

See Also
What is ALLETE Inc's Total Current Assets?
Total Current Assets
435.2m
USD
Based on the financial report for Dec 31, 2024, ALLETE Inc's Total Current Assets amounts to 435.2m USD.
What is ALLETE Inc's Total Current Assets growth rate?
Total Current Assets CAGR 10Y
0%
Over the last year, the Total Current Assets growth was -7%. The average annual Total Current Assets growth rates for ALLETE Inc have been 14% over the past three years , 10% over the past five years .