ALLETE Inc
NYSE:ALE

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ALLETE Inc
NYSE:ALE
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Price: 64.65 USD 0.23%
Market Cap: 3.7B USD
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ALLETE Inc
Income to Minority Interest

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
Income to Minority Interest Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Income to Minority Interest CAGR 3Y CAGR 5Y CAGR 10Y
ALLETE Inc
NYSE:ALE
Income to Minority Interest
$59.8m
CAGR 3-Years
36%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
PG&E Corp
NYSE:PCG
Income to Minority Interest
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Southern Co
NYSE:SO
Income to Minority Interest
$132m
CAGR 3-Years
29%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Duke Energy Corp
NYSE:DUK
Income to Minority Interest
-$59m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-24%
Nextera Energy Inc
NYSE:NEE
Income to Minority Interest
$1.2B
CAGR 3-Years
21%
CAGR 5-Years
28%
CAGR 10-Years
N/A
Constellation Energy Corp
NASDAQ:CEG
Income to Minority Interest
$46m
CAGR 3-Years
66%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

ALLETE Inc
Glance View

Market Cap
3.7B USD
Industry
Utilities

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.

ALE Intrinsic Value
65.6 USD
Undervaluation 1%
Intrinsic Value
Price

See Also

What is ALLETE Inc's Income to Minority Interest?
Income to Minority Interest
59.8m USD

Based on the financial report for Sep 30, 2024, ALLETE Inc's Income to Minority Interest amounts to 59.8m USD.

What is ALLETE Inc's Income to Minority Interest growth rate?
Income to Minority Interest CAGR 3Y
36%

Over the last year, the Income to Minority Interest growth was -4%. The average annual Income to Minority Interest growth rates for ALLETE Inc have been 36% over the past three years .

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