ALLETE Inc
NYSE:ALE

Watchlist Manager
ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
Watchlist
Price: 65.72 USD 0.05% Market Closed
Market Cap: 3.8B USD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

0
Revenue
+0%
Growth Rates:
1 Year
-19%
3 Years
+8%
5 Years
+23%
7 Years
+8%
10 Years
+35%
0
Operating Income
+0%
Growth Rates:
1 Year
-11%
3 Years
+6%
5 Years
-11%
7 Years
-29%
10 Years
-15%
0
Net Income
+0%
Growth Rates:
1 Year
-27%
3 Years
+6%
5 Years
-3%
7 Years
+4%
10 Years
+44%

Earnings Waterfall
ALLETE Inc

Revenue
1.5B USD
Cost of Revenue
-129.2m USD
Gross Profit
1.4B USD
Operating Expenses
-1.2B USD
Operating Income
160.1m USD
Other Expenses
19.2m USD
Net Income
179.3m USD

Income Statement
ALLETE Inc

Rotate your device to view
Income Statement
Currency: USD
Millions
Ones
Thousands
Millions
Billions
TTM
Quarterly
Annual
TTM
Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024
Revenue
Revenue
1 137
N/A
1 160
+2%
1 223
+5%
1 397
+14%
1 486
+6%
1 500
+1%
1 492
-1%
1 379
-8%
1 340
-3%
1 372
+2%
1 410
+3%
1 423
+1%
1 419
0%
1 414
0%
1 405
-1%
1 390
-1%
1 499
+8%
1 498
0%
1 444
-4%
1 384
-4%
1 241
-10%
1 195
-4%
1 148
-4%
1 153
+0%
1 169
+1%
1 197
+2%
1 289
+8%
1 341
+4%
1 419
+6%
1 464
+3%
1 501
+3%
1 544
+3%
1 571
+2%
1 752
+12%
1 912
+9%
1 903
0%
1 880
-1%
1 718
-9%
1 539
-10%
1 568
+2%
1 530
-2%
Gross Profit
Cost of Revenue
0
(50)
(84)
(233)
(302)
(304)
(286)
(182)
(145)
(147)
(152)
(141)
(148)
(149)
(148)
(150)
(218)
(216)
(195)
(171)
(81)
(67)
(67)
(67)
(67)
(67)
(66)
(66)
(69)
(69)
(95)
(118)
(183)
(376)
(528)
(523)
(474)
(287)
(126)
(140)
(129)
Gross Profit
0
N/A
1 110
N/A
1 139
+3%
1 163
+2%
1 184
+2%
1 196
+1%
1 206
+1%
1 197
-1%
1 195
0%
1 225
+3%
1 258
+3%
1 282
+2%
1 272
-1%
1 265
-1%
1 257
-1%
1 240
-1%
1 281
+3%
1 282
+0%
1 249
-3%
1 213
-3%
1 160
-4%
1 128
-3%
1 081
-4%
1 086
+0%
1 102
+2%
1 130
+3%
1 223
+8%
1 275
+4%
1 350
+6%
1 395
+3%
1 406
+1%
1 426
+1%
1 388
-3%
1 376
-1%
1 384
+1%
1 380
0%
1 406
+2%
1 431
+2%
1 413
-1%
1 428
+1%
1 401
-2%
Operating Income
Operating Expenses
(948)
(913)
(931)
(931)
(937)
(975)
(982)
(1 005)
(972)
(996)
(1 016)
(1 024)
(1 046)
(1 050)
(1 061)
(1 070)
(1 079)
(1 081)
(1 048)
(1 019)
(980)
(945)
(921)
(922)
(952)
(1 010)
(1 088)
(1 150)
(1 199)
(1 232)
(1 255)
(1 273)
(1 251)
(1 247)
(1 216)
(1 209)
(1 225)
(1 193)
(1 199)
(1 263)
(1 241)
Depreciation & Amortization
(136)
(143)
(150)
(160)
(170)
(179)
(187)
(192)
(196)
(198)
(200)
(202)
(178)
(173)
(179)
(179)
(206)
(212)
(206)
(204)
(202)
(204)
(208)
(212)
(218)
(222)
(226)
(230)
(232)
(235)
(239)
(240)
(242)
(243)
(245)
(249)
(252)
(255)
(258)
(265)
(272)
Operations Maintenance
(391)
(401)
(413)
(402)
(388)
(388)
(389)
(392)
(399)
(404)
(409)
(410)
(415)
(416)
(417)
(417)
(410)
(400)
(382)
(361)
(334)
(319)
(309)
(309)
(319)
(324)
(334)
(344)
(335)
(346)
(354)
(371)
(393)
(404)
(417)
(420)
(434)
(442)
(437)
(443)
(426)
Purchased Fuel Power Gas
(356)
(346)
(342)
(330)
(328)
(319)
(317)
(331)
(333)
(349)
(364)
(367)
(397)
(401)
(405)
(414)
(408)
(416)
(408)
(403)
(391)
(370)
(351)
(347)
(359)
(390)
(450)
(496)
(562)
(579)
(594)
(590)
(546)
(527)
(491)
(479)
(483)
(498)
(498)
(489)
(478)
Other Operating Expenses
(65)
(24)
(26)
(39)
(51)
(89)
(90)
(90)
(44)
(44)
(44)
(46)
(56)
(60)
(60)
(59)
(56)
(53)
(53)
(52)
(53)
(52)
(54)
(54)
(56)
(74)
(78)
(80)
(71)
(71)
(69)
(72)
(70)
(74)
(63)
(60)
(57)
2
(6)
(64)
(65)
Operating Income
189
N/A
197
+4%
208
+6%
233
+12%
247
+6%
221
-10%
224
+1%
192
-14%
224
+16%
229
+3%
242
+6%
258
+6%
226
-12%
215
-5%
196
-9%
170
-13%
201
+18%
201
0%
200
0%
194
-3%
180
-7%
183
+2%
160
-13%
164
+3%
151
-8%
120
-20%
136
+13%
125
-8%
151
+21%
163
+8%
151
-7%
153
+1%
137
-11%
129
-6%
169
+31%
172
+2%
181
+5%
238
+32%
214
-10%
165
-23%
160
-3%
Pre-Tax Income
Interest Income Expense
(34)
(38)
(41)
(45)
(47)
(48)
(50)
(51)
(52)
(51)
(49)
(47)
(45)
(46)
(48)
(51)
(50)
(49)
(48)
(45)
(43)
(45)
(41)
(40)
(42)
(40)
(44)
(47)
(47)
(48)
(51)
(55)
(57)
(56)
(56)
(49)
(49)
(50)
(48)
(53)
(53)
Non-Reccuring Items
0
0
0
0
(36)
0
0
0
0
0
0
0
0
0
0
0
0
20
21
21
24
4
3
3
(13)
0
0
0
0
0
(3)
(3)
(3)
0
0
58
58
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
8
7
6
5
3
3
2
3
4
4
4
3
6
4
6
6
8
13
15
17
19
15
13
12
13
11
9
9
6
6
18
20
22
24
12
13
16
20
24
24
19
Pre-Tax Income
162
N/A
166
+2%
173
+4%
193
+11%
167
-13%
176
+6%
177
+0%
144
-18%
176
+22%
182
+4%
197
+8%
214
+9%
187
-13%
172
-8%
154
-11%
126
-18%
159
+26%
185
+16%
188
+2%
186
-1%
179
-4%
156
-13%
135
-13%
140
+3%
109
-22%
92
-16%
101
+10%
87
-14%
111
+28%
121
+9%
115
-4%
116
+0%
100
-13%
97
-3%
124
+29%
194
+56%
207
+7%
209
+1%
190
-9%
136
-28%
126
-7%
Net Income
Tax Provision
(37)
(34)
(36)
(37)
(25)
(28)
(27)
(14)
(20)
(24)
(26)
(39)
(28)
(18)
(12)
(1)
16
16
23
28
7
23
27
30
43
40
36
35
27
20
25
27
31
26
18
(9)
(28)
(30)
(32)
(16)
(5)
Income from Continuing Operations
126
132
137
156
142
148
150
130
156
158
171
175
159
154
141
125
174
200
211
213
186
180
162
170
153
132
137
122
138
141
140
143
131
122
142
185
179
178
157
120
122
Income to Minority Interest
(1)
(1)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
2
5
7
13
19
22
24
31
43
53
57
58
59
53
62
68
61
64
60
58
Net Income (Common)
125
N/A
131
+5%
137
+4%
156
+14%
141
-9%
147
+4%
149
+2%
129
-13%
155
+20%
158
+2%
171
+8%
175
+3%
172
-2%
174
+1%
169
-3%
154
-8%
174
+13%
194
+11%
197
+1%
197
+0%
186
-6%
181
-2%
167
-8%
177
+6%
165
-6%
151
-9%
159
+5%
146
-8%
169
+16%
184
+9%
193
+5%
200
+3%
189
-5%
181
-4%
195
+8%
247
+27%
247
0%
240
-3%
221
-8%
180
-18%
179
0%
EPS (Diluted)
2.74
N/A
2.78
+1%
2.81
+1%
3.18
+13%
2.92
-8%
3
+3%
3.01
+0%
2.61
-13%
3.14
+20%
3.14
N/A
3.33
+6%
3.41
+2%
3.37
-1%
3.38
+0%
3.27
-3%
2.99
-9%
3.38
+13%
3.74
+11%
3.8
+2%
3.8
N/A
3.59
-6%
3.5
-3%
3.23
-8%
3.41
+6%
3.19
-6%
2.89
-9%
3.03
+5%
2.78
-8%
3.22
+16%
3.44
+7%
3.44
N/A
3.48
+1%
3.38
-3%
3.18
-6%
3.41
+7%
4.31
+26%
4.3
0%
4.17
-3%
3.84
-8%
3.12
-19%
3.1
-1%

See Also

Summary
ALE intrinsic value, competitors valuation, and company profile.
DCF Valuation
ALE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
ALE stock valuation using valuation multiples.
Wall Street Estimates
ALE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
ALE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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