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ALLETE Inc

ALE:NYQ

ALLETE Inc

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UtilitiesElectricity
  • Price (USD)64.35
  • Today's Change-0.02 / -0.03%
  • Shares traded384.11k
  • 1 Year change+17.09%
  • Beta0.7953
Data delayed at least 15 minutes, as of Nov 22 2024.
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Inc stmt in USDIncome statement in USDView more

Year on year ALLETE Inc grew revenues 19.68% from 1.57bn to 1.88bn while net income improved 30.53% from 189.30m to 247.10m.
Gross margin--
Net profit margin7.68%
Operating margin10.53%
Return on assets1.80%
Return on equity6.42%
Return on investment2.10%
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Cash flow in USDView more

In 2023, ALLETE Inc increased its cash reserves by 97.51%, or 39.20m. The company earned 585.30m from its operations for a Cash Flow Margin of 31.14%. In addition the company used 283.60m on investing activities and also paid 262.50m in financing cash flows.
Cash flow per share6.81
Price/Cash flow per share9.47
Book value per share48.98
Tangible book value per share46.30
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Balance sheet in USDView more

ALLETE Inc has a Debt to Total Capital ratio of 34.51%, a lower figure than the previous year's 60.57%.
Current ratio1.45
Quick ratio0.9474
Total debt/total equity0.6313
Total debt/total capital0.3451
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Growth rates in USD

Year on year, both dividends per share and earnings per share excluding extraordinary items growth increased 4.23% and 27.35%, respectively. Additionally when measured on a five year annualized basis, both dividend per share and earnings per share growth ranked in-line with the industry average relative to its peers.
Div yield(5 year avg)3.77%
Div growth rate (5 year)3.88%
Payout ratio (TTM)89.35%
EPS growth(5 years)4.95
EPS (TTM) vs
TTM 1 year ago		-27.53
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