ALLETE Inc
NYSE:ALE
Operating Margin
ALLETE Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
ALLETE Inc
NYSE:ALE
|
3.8B USD |
10%
|
|
| US |
|
Nextera Energy Inc
NYSE:NEE
|
143.4B USD |
29%
|
|
| US |
|
Southern Co
NYSE:SO
|
97.9B USD |
26%
|
|
| ES |
|
Iberdrola SA
MAD:IBE
|
91.7B EUR |
25%
|
|
| US |
|
Duke Energy Corp
NYSE:DUK
|
90.9B USD |
26%
|
|
| IT |
|
Enel SpA
MIL:ENEL
|
75.3B EUR |
20%
|
|
| US |
|
Constellation Energy Corp
NASDAQ:CEG
|
67.9B USD |
18%
|
|
| US |
|
American Electric Power Company Inc
NASDAQ:AEP
|
55.4B USD |
23%
|
|
| FR |
|
Electricite de France SA
PAR:EDF
|
46.6B EUR |
-12%
|
|
| US |
|
Exelon Corp
NASDAQ:EXC
|
44.2B USD |
19%
|
|
| US |
|
Xcel Energy Inc
NASDAQ:XEL
|
39.6B USD |
18%
|
ALLETE Inc
Glance View
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.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on ALLETE Inc's most recent financial statements, the company has Operating Margin of 10.5%.
You don't have any saved screeners yet