Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 1.53B | 1.53B | 1.88B | 1.57B | 1.42B | 1.17B |
Gross Profit | 440.30M | 1.17B | 489.90M | 446.80M | 453.50M | 424.80M |
EBITDA | 466.70M | 486.30M | 539.40M | 417.50M | 411.70M | 405.50M |
Net Income | 184.70M | 179.30M | 247.10M | 131.30M | 169.20M | 174.20M |
Balance Sheet | ||||||
Total Assets | 6.87B | 6.75B | 6.66B | 6.85B | 6.43B | 6.08B |
Cash, Cash Equivalents and Short-Term Investments | 92.00M | 32.80M | 71.90M | 36.40M | 45.10M | 44.30M |
Total Debt | 1.93B | 1.80B | 1.79B | 1.93B | 1.99B | 1.82B |
Total Liabilities | 3.48B | 3.36B | 3.25B | 3.50B | 3.49B | 3.28B |
Stockholders Equity | 2.87B | 2.85B | 2.81B | 2.69B | 2.41B | 2.29B |
Cash Flow | ||||||
Free Cash Flow | 58.50M | 102.20M | 314.10M | 800.00K | -209.80M | -418.00M |
Operating Cash Flow | 507.20M | 457.10M | 585.30M | 221.30M | 263.50M | 299.80M |
Investing Cash Flow | -438.70M | -340.70M | -283.60M | -384.00M | -485.20M | -812.80M |
Financing Cash Flow | -14.40M | -140.60M | -262.50M | 155.20M | 204.20M | 485.70M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
73 Outperform | $3.16B | 24.50 | 10.62% | 2.08% | 6.03% | 6.15% | |
73 Outperform | $3.20B | 13.55 | 8.27% | 4.98% | 4.31% | 19.33% | |
72 Outperform | $3.27B | 11.10 | 18.38% | 2.53% | -2.68% | -3.73% | |
72 Outperform | $2.98B | 15.74 | 7.25% | 5.19% | 3.14% | -2.66% | |
69 Neutral | $3.81B | 20.60 | 6.49% | 4.36% | -11.15% | -23.41% | |
68 Neutral | $4.08B | 14.37 | 8.02% | 4.68% | 3.28% | -3.49% | |
67 Neutral | $16.87B | 17.02 | 4.48% | 3.26% | 4.72% | 5.95% |
On July 9, 2025, ALLETE, Inc. issued $250 million in first mortgage bonds to institutional buyers in the private placement market. The proceeds from these bonds, which have varying maturity dates and interest rates, will be used to fund utility capital expenditures, potentially strengthening ALLETE’s operational capabilities and market position.
The most recent analyst rating on (ALE) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Allete stock, see the ALE Stock Forecast page.
ALLETE, Inc. held its 2025 annual meeting of shareholders on May 13, 2025, where several key decisions were made. All nominees for director were elected, and the advisory vote to approve executive compensation was passed. Additionally, the ALLETE Executive Long-Term Incentive Compensation Plan was approved, and an amendment to the company’s Articles of Incorporation related to Serial Preferred Stock A was ratified. Furthermore, PricewaterhouseCoopers LLP was confirmed as the company’s independent registered public accounting firm for 2025.
The most recent analyst rating on (ALE) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Allete stock, see the ALE Stock Forecast page.