ALLETE Inc
NYSE:ALE

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ALLETE Inc
NYSE:ALE
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Price: 64.87 USD -0.2% Market Closed
Market Cap: 3.8B USD
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ALLETE Inc
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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ALLETE Inc
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
ALLETE Inc
NYSE:ALE
Net Income
$120.4m
CAGR 3-Years
-3%
CAGR 5-Years
-9%
CAGR 10-Years
0%
PG&E Corp
NYSE:PCG
Net Income
$2.8B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
7%
Southern Co
NYSE:SO
Net Income
$4.6B
CAGR 3-Years
16%
CAGR 5-Years
0%
CAGR 10-Years
8%
Duke Energy Corp
NYSE:DUK
Net Income
$4.4B
CAGR 3-Years
17%
CAGR 5-Years
5%
CAGR 10-Years
6%
Nextera Energy Inc
NYSE:NEE
Net Income
$5.7B
CAGR 3-Years
50%
CAGR 5-Years
15%
CAGR 10-Years
12%
Constellation Energy Corp
NASDAQ:CEG
Net Income
$1.6B
CAGR 3-Years
40%
CAGR 5-Years
29%
CAGR 10-Years
N/A
No Stocks Found

ALLETE Inc
Glance View

Market Cap
3.7B USD
Industry
Utilities

ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,340 full-time employees. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy is focused on developing, acquiring, and operating clean and renewable energy projects. In addition, ALLETE Clean Energy segment has approximately 200 megawatts of wind energy facilities. ALLETE Clean Energy also engages in the development of wind energy facilities to operate under long-term power sales agreements (PSAs).

ALE Intrinsic Value
64.98 USD
Fairly Valued
Intrinsic Value
Price

See Also

What is ALLETE Inc's Net Income?
Net Income
120.4m USD

Based on the financial report for Sep 30, 2024, ALLETE Inc's Net Income amounts to 120.4m USD.

What is ALLETE Inc's Net Income growth rate?
Net Income CAGR 10Y
0%

Over the last year, the Net Income growth was -35%. The average annual Net Income growth rates for ALLETE Inc have been -3% over the past three years , -9% over the past five years .

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