ALE
Income statement / Annual
Last year (2024), ALLETE, Inc.'s total revenue was $1.53 B,
a decrease of 18.62% from the previous year.
In 2024, ALLETE, Inc.'s net income was $179.30 M.
See ALLETE, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$1.53 B |
$1.88 B |
$1.57 B |
$1.42 B |
$1.17 B |
$1.24 B |
$1.50 B |
$1.42 B |
$1.34 B |
$1.49 B |
| Cost of Revenue |
$1.03 B
|
$1.39 B
|
$1.12 B
|
$965.70 M
|
$744.30 M
|
$805.40 M
|
$1.04 B
|
$959.70 M
|
$883.40 M
|
$1.02 B
|
| Gross Profit |
$497.00 M
|
$489.90 M
|
$446.80 M
|
$453.50 M
|
$424.80 M
|
$435.10 M
|
$462.70 M
|
$459.60 M
|
$456.30 M
|
$468.40 M
|
| Gross Profit Ratio |
0.32
|
0.26
|
0.28
|
0.32
|
0.36
|
0.35
|
0.31
|
0.32
|
0.34
|
0.32
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$336.90 M
|
$309.00 M
|
$312.60 M
|
$302.20 M
|
$273.90 M
|
$255.30 M
|
$261.50 M
|
$233.70 M
|
$239.30 M
|
$257.70 M
|
| Operating Expenses |
$336.90 M
|
$309.00 M
|
$312.60 M
|
$302.20 M
|
$273.90 M
|
$255.30 M
|
$261.50 M
|
$233.70 M
|
$239.30 M
|
$257.70 M
|
| Cost And Expenses |
$1.37 B
|
$1.70 B
|
$1.44 B
|
$1.27 B
|
$1.02 B
|
$1.06 B
|
$1.30 B
|
$1.19 B
|
$1.13 B
|
$1.24 B
|
| Interest Income |
$4.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$81.70 M
|
$80.80 M
|
$75.20 M
|
$69.10 M
|
$65.60 M
|
$64.90 M
|
$67.90 M
|
$67.00 M
|
$70.30 M
|
$64.90 M
|
| Depreciation & Amortization |
$278.20 M
|
$251.80 M
|
$242.20 M
|
$231.70 M
|
$217.80 M
|
$202.00 M
|
$205.60 M
|
$177.50 M
|
$195.80 M
|
$170.00 M
|
| EBITDA |
$486.30 M |
$539.40 M |
$417.50 M |
$411.70 M |
$405.50 M |
$445.80 M |
$432.10 M |
$431.40 M |
$441.70 M |
$401.70 M |
| EBITDA Ratio |
0.32
|
0.29
|
0.27
|
0.29
|
0.35
|
0.36
|
0.29
|
0.3
|
0.33
|
0.27
|
| Operating Income Ratio |
0.1
|
0.1
|
0.09
|
0.11
|
0.13
|
0.14
|
0.13
|
0.16
|
0.16
|
0.17
|
| Total Other Income/Expenses Net |
-$33.70 M
|
$25.90 M
|
-$34.10 M
|
-$40.40 M
|
-$28.80 M
|
-$900.00 K
|
-$42.60 M
|
-$39.00 M
|
-$41.40 M
|
-$43.90 M
|
| Income Before Tax |
$126.40 M
|
$206.80 M
|
$100.10 M
|
$110.90 M
|
$122.10 M
|
$178.90 M
|
$158.60 M
|
$186.90 M
|
$175.60 M
|
$166.80 M
|
| Income Before Tax Ratio |
0.08
|
0.11
|
0.06
|
0.08
|
0.1
|
0.14
|
0.11
|
0.13
|
0.13
|
0.11
|
| Income Tax Expense |
$4.70 M
|
$27.90 M
|
-$31.20 M
|
-$26.90 M
|
-$39.50 M
|
-$6.60 M
|
-$15.50 M
|
$14.70 M
|
$19.80 M
|
$25.30 M
|
| Net Income |
$179.30 M
|
$247.10 M
|
$189.30 M
|
$169.20 M
|
$174.20 M
|
$185.60 M
|
$174.10 M
|
$172.20 M
|
$155.30 M
|
$141.10 M
|
| Net Income Ratio |
0.12
|
0.13
|
0.12
|
0.12
|
0.15
|
0.15
|
0.12
|
0.12
|
0.12
|
0.09
|
| EPS |
3.1074 |
4.3124 |
3.3864 |
3.229 |
3.3564 |
3.5969 |
3.3938 |
3.39 |
3.15 |
2.92 |
| EPS Diluted |
3.1021 |
4.3049 |
3.3804 |
3.2229 |
3.3564 |
3.5899 |
3.3806 |
3.38 |
3.14 |
2.92 |
| Weighted Average Shares Out |
$57.70 M
|
$57.30 M
|
$55.90 M
|
$52.40 M
|
$51.90 M
|
$51.60 M
|
$51.30 M
|
$50.80 M
|
$49.30 M
|
$48.30 M
|
| Weighted Average Shares Out Diluted |
$57.80 M
|
$57.40 M
|
$56.00 M
|
$52.50 M
|
$51.90 M
|
$51.70 M
|
$51.50 M
|
$51.00 M
|
$49.50 M
|
$48.40 M
|
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