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XNYSALE
Market cap3.78bUSD
Jan 10, Last price  
65.21USD
1D
0.54%
1Q
1.46%
Jan 2017
1.73%
Name

ALLETE Inc

Chart & Performance

D1W1MN
XNYS:ALE chart
P/E
15.26
P/S
2.01
EPS
4.27
Div Yield, %
4.12%
Shrs. gr., 5y
2.19%
Rev. gr., 5y
4.64%
Revenues
1.88b
+19.68%
751,400,000737,400,000767,100,000841,700,000801,000,000759,100,000907,000,000928,200,000961,200,0001,018,400,0001,136,800,0001,486,400,0001,339,700,0001,419,300,0001,498,600,0001,240,500,0001,169,100,0001,419,200,0001,570,700,0001,879,800,000
Net income
247m
+88.19%
104,400,00013,300,00068,300,00087,600,00082,500,00061,000,00075,300,00093,800,00097,100,000104,700,000124,800,000141,100,000155,300,000172,200,000174,100,000185,600,000174,200,000169,200,000131,300,000247,100,000
CFO
585m
+164.48%
168,500,00053,500,000142,500,000123,100,000152,100,000137,400,000228,700,000241,700,000239,600,000239,400,000269,800,000340,100,000332,000,000402,900,000433,100,000249,500,000299,800,000263,500,000221,300,000585,300,000
Dividend
Aug 15, 20240.705 USD/sh
Earnings
Feb 18, 2025

Profile

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
IPO date
May 22, 1981
Employees
1,495
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
Income
Revenues
1,879,800
19.68%
1,570,700
10.68%
Cost of revenue
1,389,900
1,123,900
Unusual Expense (Income)
NOPBT
489,900
446,800
NOPBT Margin
26.06%
28.45%
Operating Taxes
27,900
(31,200)
Tax Rate
5.70%
NOPAT
462,000
478,000
Net income
247,100
88.19%
131,300
-22.40%
Dividends
(155,500)
(145,900)
Dividend yield
4.43%
4.04%
Proceeds from repurchase of equity
14,900
248,000
BB yield
-0.42%
-6.86%
Debt
Debt current
114,800
275,800
Long-term debt
1,687,600
1,670,000
Deferred revenue
Other long-term liabilities
999,600
965,500
Net debt
1,399,300
1,586,700
Cash flow
Cash from operating activities
585,300
221,300
CAPEX
(271,200)
(220,500)
Cash from investing activities
(283,600)
(384,000)
Cash from financing activities
(262,500)
155,200
FCF
522,100
303,600
Balance
Cash
71,900
36,400
Long term investments
331,200
322,700
Excess cash
309,110
280,565
Stockholders' equity
3,407,100
3,348,300
Invested Capital
5,294,790
5,897,435
ROIC
8.26%
8.34%
ROCE
7.66%
7.05%
EV
Common stock shares outstanding
57,400
56,000
Price
61.16
-5.19%
64.51
-2.77%
Market cap
3,510,584
-2.82%
3,612,560
3.71%
EV
5,507,384
5,855,660
EBITDA
741,700
697,100
EV/EBITDA
7.43
8.40
Interest
80,800
75,200
Interest/NOPBT
16.49%
16.83%