Allete, Inc. (ALE)

Last Closing Price: 63.00 (2024-06-14)

Loss Ratio (Annual)

Loss Ratio: A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. The loss ratio is calculated by taking the incurred underwriting losses and then dividing them by earned premium. Calculated as: Underwriting Losses Total / Net Premiums Earned

Allete, Inc. (ALE) Loss Ratio data is not available.

Figures for fiscal year ending 2023-12-31
Income Statement Financials
$1.88B
$247.10M
$956.40M
$923.40M
$1.70B
$180.90M
$25.90M
$206.80M
$206.80M
$178.90M
$178.90M
$178.90M
$178.90M
$180.90M
$434.50M
57.30M
57.40M
$4.31
$4.30
Balance Sheet Financials
$468.10M
$5.01B
$6.19B
$6.66B
$377.60M
$1.68B
$2.87B
$3.25B
$3.41B
$3.25B
$3.41B
57.60M
Cash Flow Statement Financials
$585.30M
$-283.60M
$-262.50M
$40.20M
$79.40M
$39.20M
$7.30M
$-155.50M
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Fundamental Metrics & Ratios
1.24
--
--
0.33
0.53
49.12%
9.62%
9.62%
23.11%
11.00%
13.14%
$314.10M
Loss Ratio
--
--
--
0.28
5.45
13.70
26.64
5.25%
5.50%
2.69%
3.52%
$59.14
$5.47
$10.20