Allete, Inc. (ALE)

Last Closing Price: 63.87 (2025-06-24)

Company Description

ALLETE is an energy company. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth, U.S. Water Services headquartered in St. Michael, Minn., BNI Energy in Center, N.D., and has an eight percent equity interest in the American Transmission Co.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.53B
Net Income (Most Recent Fiscal Year) $179.30M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) 17.99
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 2.43
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.09
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 8.16
Pre-Tax Margin (Trailing 12 Months) 8.36%
Net Margin (Trailing 12 Months) 12.10%
Return on Equity (Trailing 12 Months) 6.05%
Return on Assets (Trailing 12 Months) 3.04%
Current Ratio (Most Recent Fiscal Quarter) 1.26
Quick Ratio (Most Recent Fiscal Quarter) 0.81
Debt to Common Equity (Most Recent Fiscal Quarter) 0.54
Inventory Turnover (Trailing 12 Months) 3.53
Book Value per Share (Most Recent Fiscal Quarter) $58.63
Earnings per Share (Most Recent Fiscal Quarter) --
Earnings per Share (Most Recent Fiscal Year) --
Diluted Earnings per Share (Trailing 12 Months) $3.19
Stock
Exchange NYSE
Sector Utilities
Industry Utilities - Diversified
Common Shares Outstanding 57.98M
Free Float 57.83M
Market Capitalization $3.70B
Average Volume (Last 20 Days) 0.37M
Beta (Past 60 Months) 0.80
Percentage Held By Insiders (Latest Annual Proxy Report) 0.26%
Percentage Held By Institutions (Latest 13F Reports) 76.55%
Annual Dividend (Based on Last Quarter) $2.92
Dividend Yield (Based on Last Quarter) 4.57%