ALLETE, Inc. (ALE)

Dec 15, 2025 - ALE was delisted (reason: acquired by CPP Investments and Global Infrastructure)

-0.04 (-0.06%)

Inactive · Last trade price on Dec 12, 2025

ALLETE Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,500	1,530	1,880	1,571	1,419	1,169
Revenue Growth (YoY)	-4.30%	-18.62%	19.68%	10.67%	21.39%	-5.76%
Fuel and Purchased Power Expense	578.2	606.8	956.4	728.3	631.2	425.3
Operations and Maintenance Expenses	433.4	426	433.5	395.6	334.5	319
Gross Profit	488.7	497	489.9	446.8	453.5	424.8
Depreciation & Amortization Expenses	285.1	271.5	251.8	242.2	231.7	217.8
Taxes Other than Income Tax	64.9	65.4	57.2	70.4	70.5	56.1
Other Operating Expenses	-	-	-	-	-	12.7
Operating Income	138.7	160.1	180.9	134.2	151.3	138.2
Interest Income	26	25	21.7	18.7	20	22.1
Interest Expense	-91	-81.7	-80.8	-75.2	-69.1	-65.6
Other Non-Operating Income (Expense)	18.1	23	85	22.4	8.7	14.7
Total Non-Operating Income (Expense)	-46.9	-33.7	25.9	-34.1	-40.4	-28.8
Pretax Income	91.8	126.4	206.8	100.1	110.9	109.4
Provision for Income Taxes	4.9	4.7	27.9	-31.2	-26.9	-43.4
Net Income	165.7	179.3	247.1	189.3	169.2	165.4
Minority Interest in Earnings	-78.8	-57.6	-68.2	-58	-31.4	-12.6
Net Income to Common	165.7	179.3	247.1	189.3	169.2	165.4
Net Income Growth	-8.05%	-27.44%	30.53%	11.88%	2.30%	-10.88%
Shares Outstanding (Basic)	58	58	57	56	52	52
Shares Outstanding (Diluted)	58	58	57	56	53	52
Shares Change (YoY)	0.56%	0.70%	2.50%	6.67%	1.16%	0.39%
EPS (Basic)	2.87	3.11	4.31	3.38	3.23	3.18
EPS (Diluted)	2.85	3.10	4.30	3.38	3.23	3.18
EPS Growth	-8.65%	-27.91%	27.22%	4.64%	1.57%	-11.42%
Free Cash Flow	-	102.2	314.1	0.8	-216	-424.9
Free Cash Flow Growth	-	-67.46%	39162.50%	-	-	-
Free Cash Flow Per Share	-	1.77	5.47	0.01	-4.11	-8.19
Dividends Per Share	2.895	2.820	2.710	2.600	2.520	2.470
Dividend Growth	2.66%	4.06%	4.23%	3.17%	2.02%	5.11%
Gross Margin	32.57%	32.49%	26.06%	28.45%	31.95%	36.34%
Operating Margin	9.24%	10.47%	9.62%	8.54%	10.66%	11.82%
Profit Margin	5.79%	7.96%	9.52%	8.36%	9.71%	13.07%
FCF Margin	-	6.68%	16.71%	0.05%	-15.22%	-36.34%
EBITDA	138.7	433.3	434.5	376.9	381.4	355
EBITDA Margin	9.24%	28.32%	23.11%	24.00%	26.87%	30.37%
EBIT	138.7	160.1	180.9	134.2	151.3	138.2
EBIT Margin	9.24%	10.47%	9.62%	8.54%	10.66%	11.82%
Effective Tax Rate	5.34%	3.72%	13.49%	-31.17%	-24.26%	-39.67%

Updated Oct 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q