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ALLETE, Inc. (ALE)

Profile

Full Name

ALLETE, Inc.

Ticker

NYSE: ALE

Exchange

NYSE

Sector

Utilities

Industry

Diversified Utility

Country

United States

IPO

May 3, 1973

Indexes

Not included

Website

http://www.allete.com

Employees

1595

Key Details

Price

$65.87(+0.30%)

Market cap

$3.82B(Mid cap)

Last Dividend

$0.73

TTM Dividend yield

4.36%

Annual revenue

$1.53B(-18.62% YoY)

Annual EPS

$3.10(-27.91% YoY)

PE ratio

20.65

Next earnings date

Aug 1, 2025

Next ex-dividend date

N/A

Next split date

N/A

Quick Search

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    Analyst ratings

    Price

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    Current Price

    $65.87
    ALE price is $65.87

    30-Day Relative Volume

    0.30
    ALE 30-day relative volume is 0.30

    Price Performance

    Price Most recent change

    +0.3%
    ALE price was up +0.3% on Jul 25, 2025

    Price YTD change

    +1.65%
    ALE price is up +1.65% since January 1st

    Price 1-year change

    +2.17%
    ALE price is up +2.17% year-on-year

    Price 3-year change

    +11.78%
    ALE price is up +11.78% over the past 3 years

    Price Range

    Price All-time high

    $110.13
    ALE price is currently -40.19% below its historical high of $110.13

    Price 3-year low

    $47.77
    ALE price is currently +37.89% above its 3-year low

    Capitalization

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    Market cap

    Market cap

    $3.82B
    ALE market capitalization is $3.82 billion

    Market cap 3-year change

    +13.52%
    ALE market capitalization is up +13.52% over the past 3 years

    Market cap All-time high

    $4.55B
    ALE market capitalization is currently -16.17% below its historical high of $4.55 billion

    Market cap sector rank

    42.73%
    ALE market capitalization is higher than 42.73% of companies in Utilities sector

    Shares Outstanding

    Shares Outstanding 1-Year Change

    +0.36%
    ALE shares outstanding is up +0.36% year-on-year

    Shares Outstanding 3-Year Change

    +1.56%
    ALE shares outstanding is up +1.56% over the past 3 years

    Technical Indicators

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    Beta

    0.09
    ALE beta is 0.09

    200-day SMA

    $65.05
    ALE price is currently +1.26% above its 200-day simple moving average

    50-day SMA

    $65.05
    ALE price is currently +1.25% above its 50-day simple moving average

    RSI

    57.74
    ALE 14-day relative strength index is 57.74

    Volume

    0.30
    ALE 30-day relative volume is 0.30

    ATR

    $0.39
    ALE average true range is $0.39

    10-day Historical Volatility

    7.96%
    ALE 10-day historical volatility is 7.96%

    Dividend

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    Events

    Last Paid Dividend

    $0.73
    ALE last dividend was $0.73 per share, with an ex-dividend date of May 15, 2025

    Next Dividend

    -
    ALE next dividend has not yet been announced

    Dividend per share

    Dividend per share

    $2.82
    ALE annual dividend per share is $2.82

    Dividend per share Sector Rank

    81.18%
    ALE annual dividend per share is higher than 81.18% of companies in Utilities sector

    Dividend per share 1-Year Change

    +4.06%
    ALE annual dividend per share is up +4.06% year-on-year

    Dividend per share 3-Year Change

    +11.9%
    ALE annual dividend per share is up +11.9% over the past 3 years

    Dividend yield

    Dividend yield

    4.28%
    ALE annual dividend yield is 4.28%

    Dividend yield Sector Rank

    72.62%
    ALE annual dividend yield is higher than 72.62% of companies in Utilities sector

    Other

    Payout ratio

    90.80%
    ALE annual payout ratio is 90.80%

    Dividends paid

    $162.80M
    ALE annual dividends paid is $162.80 million

    Free cash flow

    $102.20M
    ALE annual free cash flow is $102.20 million

    Income Statement

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    Revenue

    Revenue

    $1.53B
    ALE annual revenue is $1.53 billion

    Revenue Analysts estimate

    $1.55B
    ALE annual revenue is currently -1.24% lower than the consensus analysts' forecast

    Revenue 1-year change

    -18.62%
    ALE annual revenue is down -18.62% year-on-year

    Revenue Sector rank

    37.61%
    ALE annual revenue is higher than 37.61% of companies in Utilities sector

    EPS

    EPS

    $3.10
    ALE annual earnings per share is $3.10

    EPS Analysts estimate

    $3.75
    ALE annual earnings per share is currently -17.33% lower than the consensus analysts' forecast

    EPS 1-year change

    -27.91%
    ALE annual earnings per share is down -27.91% year-on-year

    EPS Sector rank

    67.27%
    ALE annual earnings per share is higher than 67.27% of companies in Utilities sector

    Profit

    Gross profit

    $497.00M
    ALE annual gross profit is $497.00 million

    Gross margin

    32.49%
    ALE annual gross profit margin is 32.49%

    Operating profit

    $160.10M
    ALE annual operating income is $160.10 million

    Operating margin

    10.47%
    ALE annual operating profit margin is 10.47%

    Net income

    $179.30M
    ALE annual net profit is $179.30 million

    Net margin

    11.72%
    ALE annual net profit margin is 11.72%

    Expenses

    Total expenses

    $1.37B
    ALE annual total expenses is $1.37 billion

    Operating expenses

    $336.90M
    ALE annual total operating expenses is $336.90 million

    Cost of goods sold

    $1.03B
    ALE annual cost of goods sold is $1.03 billion

    Selling, general & administrative expenses

    -
    ALE annual SGA value is unknown

    Depreciation and amortization

    $278.20M
    ALE annual depreciation & amortization is $278.20 million

    Interest expense

    $81.70M
    ALE annual interest expense is $81.70 million

    Income tax

    $4.70M
    ALE annual income tax is $4.70 million

    EBIT & EBITDA

    EBIT

    $208.10M
    ALE annual earnings before interest & taxes is $208.10 million

    EBITDA

    $486.30M
    ALE annual EBITDA is $486.30 million

    Balance Sheet

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    Assets

    Total assets

    $6.75B
    ALE annual total assets is $6.75 billion

    Non current assets

    $6.32B
    ALE annual long term assets is $6.32 billion

    Current assets

    $435.20M
    ALE annual total current assets is $435.20 million

    Cash and cash equivalents

    $32.80M
    ALE annual cash & cash equivalents is $32.80 million

    Accounts receivable

    $115.90M
    ALE annual accounts receivable is $115.90 million

    Inventory

    $154.60M
    ALE annual inventory is $154.60 million

    Liabilities

    Total liabilities

    $3.36B
    ALE annual total liabilities is $3.36 billion

    Long term liabilities

    $2.96B
    ALE annual total long term liabilities is $2.96 billion

    Current liabilities

    $404.20M
    ALE annual total current liabilities is $404.20 million

    Accounts payable

    $113.60M
    ALE annual accounts payable is $113.60 million

    Debt

    Total debt

    $1.80B
    ALE annual total debt is $1.80 billion

    Total debt 1-year change

    +0.45%
    ALE annual total debt is up +0.45% year-on-year

    Long term debt

    $1.70B
    ALE annual long term debt is $1.70 billion

    Short term debt

    $94.70M
    ALE annual short term debt is $94.70 million

    Equity & Capital

    Shareholders equity

    $2.85B
    ALE annual stockholders equity is $2.85 billion

    Book value

    $2.85B
    ALE annual book value is $2.85 billion

    Retained earnings

    $1.04B
    ALE annual retained earnings is $1.04 billion

    Working capital

    $31.00M
    ALE annual working capital is $31.00 million

    Cash Flow Statement

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    Cashflow Activities

    Cash from operations

    $457.10M
    ALE annual cash flow from operations is $457.10 million

    Cash from operations 1-year change

    -21.9%
    ALE annual cash flow from operations is down -21.9% year-on-year

    Cash from investing

    -$340.70M
    ALE annual cash flow from investing activities is -$340.70 million

    Cash from investing 1-year change

    -20.13%
    ALE annual cash flow from investing activities is down -20.13% year-on-year

    Cash from financing

    -$140.60M
    ALE annual cash flow from financing activities is -$140.60 million

    Cash from financing 1-year change

    +46.44%
    ALE annual cash flow from financing activities is up +46.44% year-on-year

    CAPEX

    CAPEX

    $354.90M
    ALE annual capital expenditures is $354.90 million

    CAPEX 1-year change

    +30.86%
    ALE annual capital expenditures is up +30.86% year-on-year

    Free Cash Flow

    Free cash flow

    $102.20M
    ALE annual free cash flow is $102.20 million

    Free cash flow 1-year change

    -67.46%
    ALE annual free cash flow is down -67.46% year-on-year

    Profitability Ratios

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    Margins

    Gross margin

    32.49%
    ALE annual gross profit margin is 32.49%

    Operating margin

    10.47%
    ALE annual operating profit margin is 10.47%

    Net margin

    11.72%
    ALE annual net profit margin is 11.72%

    ROA & ROE

    ROA

    2.67%
    ALE annual return on assets is 2.67%

    ROE

    5.28%
    ALE annual return on equity is 5.28%

    Valuation

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    PE Ratio

    PE ratio

    20.65
    ALE price to earnings ratio is 20.65

    PE ratio Sector rank

    48.84%
    ALE price to earnings ratio is higher than 48.84% of companies in Utilities sector

    PB Ratio

    PB ratio

    1.33
    ALE price to book ratio is 1.33

    PB ratio Sector rank

    24.55%
    ALE price to book ratio is higher than 24.55% of companies in Utilities sector

    PS Ratio

    PS ratio

    2.50
    ALE price to sales ratio is 2.50

    PS ratio Sector rank

    53%
    ALE price to sales ratio is higher than 53% of companies in Utilities sector

    Enterprise value

    Enterprise value

    $5.65B
    ALE enterprise value is $5.65 billion

    Enterprise value Sector rank

    36.7%
    ALE enterprise value is higher than 36.7% of companies in Utilities sector

    EV/EBITDA

    EV/EBITDA

    11.46
    ALE EV/EBITDA is 11.46

    EV/EBITDA Sector rank

    58.49%
    ALE EV/EBITDA is higher than 58.49% of companies in Utilities sector

    Financial Health

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    Liquidity

    Current ratio

    1.08
    ALE annual current ratio is 1.08

    Quick ratio

    0.69
    ALE annual quick ratio is 0.69

    Leverage

    Debt to equity

    0.63
    ALE annual debt to equity ratio is 0.63

    Interest coverage ratio

    2.55
    ALE annual interest coverage ratio is 2.55

    Risk & Stability

    Piotroski F-Score

    5
    ALE piotroski f-score is 5

    Altman Z-Score

    1.23
    ALE altman z-score is 1.23

    Analyst ratings

    Recent major analysts updates

    May 16, 24 Mizuho
    Neutral
    Feb 21, 24 Wells Fargo
    Equal-Weight
    Jan 22, 24 Guggenheim
    Neutral
    Jan 10, 24 Sidoti & Co.
    Neutral
    Jul 21, 23 Mizuho
    Neutral
    Jul 7, 23 Guggenheim
    Sell
    Jun 27, 23 B of A Securities
    Underperform
    May 5, 23 B of A Securities
    Neutral
    Apr 6, 23 Sidoti & Co.
    Buy
    Jan 30, 23 Wells Fargo
    Equal-Weight

    Institutional Ownership

    Screeners with ALE included

    Growing Shares Outstanding
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    • What is the ticker symbol for ALLETE, Inc.?
    • Does ALLETE, Inc. pay dividends?
    • What sector is ALLETE, Inc. in?
    • What industry is ALLETE, Inc. in?
    • What country is ALLETE, Inc. based in?
    • When did ALLETE, Inc. go public?
    • Is ALLETE, Inc. in the S&P 500?
    • Is ALLETE, Inc. in the NASDAQ 100?
    • Is ALLETE, Inc. in the Dow Jones?
    • When was ALLETE, Inc.'s last earnings report?
    • When does ALLETE, Inc. report earnings?

    What is the ticker symbol for ALLETE, Inc.?

    The ticker symbol for ALLETE, Inc. is NYSE:ALE

    Does ALLETE, Inc. pay dividends?

    Yes, ALLETE, Inc. pays dividends. The last payment was $0.73, with an ex-dividend date on May 15, 2025

    What sector is ALLETE, Inc. in?

    ALLETE, Inc. is in the Utilities sector

    What industry is ALLETE, Inc. in?

    ALLETE, Inc. is in the Diversified Utility industry

    What country is ALLETE, Inc. based in?

    ALLETE, Inc. is headquartered in United States

    When did ALLETE, Inc. go public?

    ALLETE, Inc.'s initial public offering (IPO) was on May 3, 1973

    Is ALLETE, Inc. in the S&P 500?

    No, ALLETE, Inc. is not included in the S&P 500 index

    Is ALLETE, Inc. in the NASDAQ 100?

    No, ALLETE, Inc. is not included in the NASDAQ 100 index

    Is ALLETE, Inc. in the Dow Jones?

    No, ALLETE, Inc. is not included in the Dow Jones index

    When was ALLETE, Inc.'s last earnings report?

    ALLETE, Inc.'s most recent earnings report was on May 8, 2025

    When does ALLETE, Inc. report earnings?

    The next expected earnings date for ALLETE, Inc. is August 1, 2025
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