ALLETE Inc
NYSE:ALE
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Gross Margin
ALLETE Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | US |
Market Cap | 3.7B USD |
Gross Margin |
91%
|
Country | US |
Market Cap | 159.3B USD |
Gross Margin |
0%
|
Country | US |
Market Cap | 97.3B USD |
Gross Margin |
89%
|
Country | ES |
Market Cap | 86.6B EUR |
Gross Margin |
46%
|
Country | US |
Market Cap | 89.4B USD |
Gross Margin |
67%
|
Country | US |
Market Cap | 82.1B USD |
Gross Margin |
46%
|
Country | IT |
Market Cap | 68.2B EUR |
Gross Margin |
64%
|
Country | US |
Market Cap | 56.1B USD |
Gross Margin |
86%
|
Country | US |
Market Cap | 52.7B USD |
Gross Margin |
68%
|
Country | FR |
Market Cap | 46.6B EUR |
Gross Margin |
36%
|
Country | DK |
Market Cap | 46.2B EUR |
Gross Margin |
43%
|
ALLETE Inc
Glance View
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).
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on ALLETE Inc's most recent financial statements, the company has Gross Margin of 91.1%.