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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Net Margin
ALLETE Inc

11.5%
Current
12%
Average
8.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
11.5%
=
Net Income
180.2m
/
Revenue
1.6B

Net Margin Across Competitors

Country US
Market Cap 3.7B USD
Net Margin
11%
Country US
Market Cap 159.3B USD
Net Margin
26%
Country US
Market Cap 97.3B USD
Net Margin
18%
Country ES
Market Cap 86.6B EUR
Net Margin
15%
Country US
Market Cap 89.4B USD
Net Margin
14%
Country US
Market Cap 82.1B USD
Net Margin
12%
Country IT
Market Cap 68.2B EUR
Net Margin
7%
Country US
Market Cap 56.1B USD
Net Margin
11%
Country US
Market Cap 52.7B USD
Net Margin
13%
Country FR
Market Cap 46.6B EUR
Net Margin
-13%
Country DK
Market Cap 46.2B EUR
Net Margin
8%
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
64.8 USD
Fairly Valued
Intrinsic Value
Price

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
11.5%
=
Net Income
180.2m
/
Revenue
1.6B
What is the Net Margin of ALLETE Inc?

Based on ALLETE Inc's most recent financial statements, the company has Net Margin of 11.5%.