ALLETE Inc
NYSE:ALE

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ALLETE Inc
NYSE:ALE
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Price: 64.93 USD 0.9% Market Closed
Market Cap: 3.8B USD
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Operating Margin
ALLETE Inc

10.5%
Current
10%
Average
14.7%
Industry

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
10.5%
=
Operating Profit
165.1m
/
Revenue
1.6B

Operating Margin Across Competitors

Country US
Market Cap 3.8B USD
Operating Margin
11%
Country US
Market Cap 156.3B USD
Operating Margin
32%
Country US
Market Cap 96B USD
Operating Margin
26%
Country ES
Market Cap 88B EUR
Operating Margin
25%
Country US
Market Cap 88.5B USD
Operating Margin
25%
Country US
Market Cap 78.2B USD
Operating Margin
14%
Country IT
Market Cap 68.3B EUR
Operating Margin
19%
Country US
Market Cap 55.9B USD
Operating Margin
21%
Country US
Market Cap 51.9B USD
Operating Margin
21%
Country FR
Market Cap 46.6B EUR
Operating Margin
-12%
Country DK
Market Cap 46B EUR
Operating Margin
22%
No Stocks Found

ALLETE Inc
Glance View

Market Cap
3.8B 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
64.39 USD
Overvaluation 1%
Intrinsic Value
Price

See Also

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What is Operating Margin?

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
10.5%
=
Operating Profit
165.1m
/
Revenue
1.6B
What is the Operating Margin of ALLETE Inc?

Based on ALLETE Inc's most recent financial statements, the company has Operating Margin of 10.5%.