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 Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

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	-4.30%	-18.62%	19.68%	10.67%	21.39%	-5.76%
Net Income	165.7	179.3	247.1	189.3	169.2	165.4
Earnings Per Share	2.85	3.10	4.30	3.38	3.23	3.18
EPS Growth	-8.66%	-27.91%	27.22%	4.68%	1.54%	-11.42%

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
Allete Clean Energy	59.5	84.3	418.5	118.3	86.9	79.6
Corporate and Other	193.9	202.8	223	193.1	104.4	102.2
Regulated Operations	1,272	1,243	1,238	1,259	1,228	987.3
Total	1,500	1,530	1,880	1,571	1,419	1,169

Fiscal Year	Current	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
Cash & Investments	78.7	32.8	71.9	36.4	45.1	44.3
Total Debt	2,237	1,810	1,804	1,933	1,994	1,819
Net Cash (Debt)	-2,158	-1,778	-1,732	-1,897	-1,949	-1,775
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-37.20	-30.75	-30.18	-33.87	-37.12	-34.20

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
Operating Cash Flow	342.8	457.1	585.3	221.3	263.5	299.8
Capital Expenditures	-664.9	-354.9	-271.2	-220.5	-479.5	-724.7
Free Cash Flow	-322.1	102.2	314.1	0.8	-216	-424.9
Free Cash Flow Growth	-	-67.46%	39162.50%	-	-	-

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
Pretax Margin	6.12%	8.26%	11.00%	6.37%	7.81%	9.36%
Profit Margin	11.04%	11.72%	13.15%	12.05%	11.92%	14.15%
FCF Margin	-21.47%	6.68%	16.71%	0.05%	-15.22%	-36.34%

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug '26 Aug 20, 2026	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
Dividend Per Share	2.920	2.820	2.710	2.600	2.520	2.470
Dividend Per Share Growth	3.67%	4.06%	4.23%	3.17%	2.02%	5.11%
Dividend Yield	4.30%	4.50%	4.80%	4.57%	4.50%	4.90%

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug '26 Aug 20, 2026	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
PE Ratio	23.83	20.90	14.23	19.48	20.62	19.46
Forward PE	17.77	17.35	15.87	15.90	17.26	18.46
P/FCF Ratio	-	36.66	11.19	4609.39	-	-
PS Ratio	2.62	2.45	1.87	2.35	2.46	2.75