ALLETE, Inc. (ALE)
NYSE: ALE · Real-Time Price · USD
65.84
+0.04 (0.06%)
Aug 13, 2025, 4:00 PM - Market closed
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 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 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 | 2015 - 2019 |
| Revenue | 1,533 | 1,530 | 1,880 | 1,571 | 1,419 | 1,169 | Upgrade
|
| Revenue Growth (YoY) | -0.44% | -18.62% | 19.68% | 10.67% | 21.39% | -5.76% | Upgrade
|
| Fuel & Purchased Power | 473.1 | 477.6 | 482.9 | 545.5 | 562.4 | 358.6 | Upgrade
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| Operations & Maintenance | 357.2 | 361.4 | 345.3 | 318.9 | 259.2 | 252 | Upgrade
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| Depreciation & Amortization | 283.4 | 271.5 | 251.8 | 242.2 | 231.7 | 217.8 | Upgrade
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| Other Operating Expenses | 255.5 | 245.6 | 610 | 320.1 | 208.5 | 181.2 | Upgrade
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| Total Operating Expenses | 1,369 | 1,356 | 1,690 | 1,427 | 1,262 | 1,010 | Upgrade
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| Operating Income | 163.3 | 173.7 | 189.8 | 144 | 157.4 | 159.5 | Upgrade
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| Interest Expense | -85.7 | -81.7 | -80.8 | -75.2 | -69.1 | -65.6 | Upgrade
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| Interest Income | 5.7 | 4 | 10.3 | - | 2.3 | 1.6 | Upgrade
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| Net Interest Expense | -80 | -77.7 | -70.5 | -75.2 | -66.8 | -64 | Upgrade
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| Income (Loss) on Equity Investments | 25.5 | 25 | 21.7 | 18.7 | 20 | 22.1 | Upgrade
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| Allowance for Equity Funds for Construction | 5.2 | 5 | 3.6 | 2.7 | 2.6 | 1.9 | Upgrade
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| Other Non-Operating Income (Expenses) | -1.6 | 0.3 | 3.6 | 9.9 | -2.4 | 2.2 | Upgrade
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| EBT Excluding Unusual Items | 112.4 | 126.3 | 148.2 | 100.1 | 110.8 | 121.7 | Upgrade
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| Gain (Loss) on Sale of Assets | 0.1 | 0.1 | 0.2 | - | 0.1 | 0.4 | Upgrade
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| Asset Writedown | - | - | - | - | - | -12.7 | Upgrade
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| Legal Settlements | - | - | 58.4 | - | - | - | Upgrade
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| Pretax Income | 112.5 | 126.4 | 206.8 | 100.1 | 110.9 | 109.4 | Upgrade
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| Income Tax Expense | 6.2 | 4.7 | 27.9 | -31.2 | -26.9 | -43.4 | Upgrade
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| Earnings From Continuing Ops. | 106.3 | 121.7 | 178.9 | 131.3 | 137.8 | 152.8 | Upgrade
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| Minority Interest in Earnings | 77.3 | 57.6 | 68.2 | 58 | 31.4 | 12.6 | Upgrade
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| Net Income | 183.6 | 179.3 | 247.1 | 189.3 | 169.2 | 165.4 | Upgrade
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| Net Income to Common | 183.6 | 179.3 | 247.1 | 189.3 | 169.2 | 165.4 | Upgrade
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| Net Income Growth | -16.96% | -27.44% | 30.53% | 11.88% | 2.30% | -10.88% | Upgrade
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| Shares Outstanding (Basic) | 58 | 58 | 57 | 56 | 52 | 52 | Upgrade
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| Shares Outstanding (Diluted) | 58 | 58 | 57 | 56 | 53 | 52 | Upgrade
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| Shares Change (YoY) | 0.69% | 0.70% | 2.50% | 6.67% | 1.16% | 0.39% | Upgrade
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| EPS (Basic) | 3.17 | 3.11 | 4.31 | 3.39 | 3.23 | 3.19 | Upgrade
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| EPS (Diluted) | 3.17 | 3.10 | 4.30 | 3.38 | 3.23 | 3.18 | Upgrade
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| EPS Growth | -17.41% | -27.91% | 27.22% | 4.68% | 1.54% | -11.42% | Upgrade
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| Free Cash Flow | -53.4 | 102.2 | 314.1 | 0.8 | -216 | -424.9 | Upgrade
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| Free Cash Flow Per Share | -0.92 | 1.77 | 5.47 | 0.01 | -4.11 | -8.19 | Upgrade
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| Dividend Per Share | 2.895 | 2.845 | 2.710 | 2.600 | 2.520 | 2.470 | Upgrade
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| Dividend Growth | 4.70% | 4.98% | 4.23% | 3.17% | 2.02% | 5.11% | Upgrade
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| Profit Margin | 11.98% | 11.72% | 13.15% | 12.05% | 11.92% | 14.15% | Upgrade
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| Free Cash Flow Margin | -3.48% | 6.68% | 16.71% | 0.05% | -15.22% | -36.34% | Upgrade
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| EBITDA | 448.2 | 446.9 | 443.4 | 386.7 | 387.5 | 376.3 | Upgrade
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| EBITDA Margin | 29.25% | 29.21% | 23.59% | 24.62% | 27.30% | 32.19% | Upgrade
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| D&A For EBITDA | 284.9 | 273.2 | 253.6 | 242.7 | 230.1 | 216.8 | Upgrade
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| EBIT | 163.3 | 173.7 | 189.8 | 144 | 157.4 | 159.5 | Upgrade
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| EBIT Margin | 10.66% | 11.35% | 10.10% | 9.17% | 11.09% | 13.64% | Upgrade
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| Effective Tax Rate | 5.51% | 3.72% | 13.49% | - | - | - | Upgrade
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| Revenue as Reported | 1,533 | 1,530 | 1,880 | 1,571 | 1,419 | 1,169 | Upgrade
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Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.