ALLETE, Inc.

ALLETE, Inc.

ALEยทNYSE

$67.90

+0.0000%
UtilitiesDiversified Utilities

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

At a Glance

Live Snapshot
Market Cap$3.94B
EPS3.1074
P/E Ratio21.85
Earnings Date02/11/2026
3Y+3.0%
5Y+20.0%
10Y+33.0%
3Y-5.0%
5Y+5.0%
10Y+8.0%
3Y+15.0%
5Y+45.0%
10Y+86.0%
ale

ALLETE, Inc. Funding & Solvency Profile

ALE ยท NYSE
Cash & Cash Equivalents52.70M
Net Receivables148.10M
Inventory154.60M
Other Current Assets79.80M
Total Current Assets435 M
Property, Plant & Equipment5.19B
Goodwill & Intangible Assets155.30M
Long-Term Investments377.40M
Other Non-Current Assets595.80M
Total Non-Current Assets6 B
Total Assets
7.39B

Financial Health Analysis

Current Ratio

1.08x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

1.18x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

31 M

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

6% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

ALLETE, Inc. Balance Sheet

ALE โ€ข NYSE

ALLETE, Inc. Balance SheetDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006Dec 2005
ASSETS
CURRENT ASSETS
52.7M
77M
37.9M
45.4M
45.1M
72.1M
70.4M
101.5M
29.7M
102.6M
148.5M
97.3M
80.8M
101.1M
44.9M
25.7M
102M
23.3M
44.8M
89.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.7M
0.0
0.0
23.1M
0.0
0.0
52.7M
77M
37.9M
45.4M
45.1M
72.1M
70.4M
101.5M
29.7M
102.6M
148.5M
97.3M
80.8M
101.1M
51.6M
25.7M
102M
46.4M
149.3M
206.5M
148.1M
137.2M
137.9M
123.7M
111.9M
96.4M
144.4M
135.1M
122.5M
121.2M
103M
96.3M
89M
79.7M
99.5M
118.5M
76.3M
79.5M
70.9M
79.1M
115.9M
137.2M
137.9M
123.7M
111.9M
96.4M
144.4M
135.1M
122.5M
121.2M
103M
96.3M
86.8M
78.4M
99.5M
118.5M
76.3M
79.5M
70.9M
79.1M
32.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.2M
1.3M
0.0
0.0
0.0
0.0
0.0
0.0
154.6M
175.4M
455.9M
97.7M
74.2M
72.8M
86.7M
95.9M
104.2M
117.1M
80.5M
59.3M
69.8M
69.1M
60M
57M
49.7M
49.5M
43.4M
33.1M
79.8M
78.5M
86.3M
24.5M
23.7M
28.2M
32.8M
35M
19.5M
19.5M
22.3M
31.1M
11.1M
9.6M
8M
8.8M
11.2M
12.6M
9M
55.2M
435.2M
468.1M
718M
291.3M
254.9M
269.5M
334.3M
367.5M
294.5M
371M
418.8M
307M
273.2M
277M
239.7M
225.5M
252.3M
214.5M
287.7M
373.9M
NON-CURRENT ASSETS
5.2B
5B
5B
5.1B
4.9B
4.4B
3.9B
3.8B
3.7B
3.7B
3.3B
2.6B
2.3B
2B
1.8B
1.6B
1.4B
1.1B
921.6M
860.4M
0.0
0.0
0.0
0.0
0.0
0.0
148.5M
148.3M
131.2M
130.6M
2.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
155.3M
155.4M
155.6M
800K
0.0
1M
74.8M
77.6M
82.2M
84.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
155.3M
155.4M
155.6M
800K
0.0
1M
223.3M
225.9M
213.4M
215.2M
2.9M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
377.4M
371.6M
372.8M
371.9M
372.2M
267.9M
259.9M
191.4M
211.3M
207.2M
240.8M
266.3M
250.8M
231.2M
133.3M
144M
142.6M
151.2M
131.1M
117.7M
637.1M
708.6M
763.9M
742.9M
725.7M
679.5M
692.8M
689.6M
698.6M
646.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
31.8M
595.8M
637.2M
582.5M
654.4M
594.3M
538.8M
443.1M
472.8M
435.1M
442.6M
428.2M
350M
404.3M
402.6M
451.1M
416.4M
365.7M
200.5M
208.1M
-16.8M
7B
6.9B
6.9B
6.9B
6.6B
5.9B
5.5B
5.4B
5.3B
5.2B
4B
3.2B
3B
2.6B
2.4B
2.2B
1.9B
1.5B
1.3B
993.1M
7.4B
7.4B
7.6B
7.2B
6.8B
6.2B
5.9B
5.8B
5.6B
5.5B
4.4B
3.5B
3.3B
2.9B
2.6B
2.4B
2.1B
1.6B
1.5B
1.4B
LIABILITIES
CURRENT LIABILITIES
168.2M
153.2M
172.1M
176.1M
169.4M
216M
201.2M
136.3M
74M
88.8M
134.1M
134.7M
127.6M
103.4M
102.6M
88.3M
89.7M
72.7M
76.8M
63.8M
113.6M
102.2M
103M
111M
110M
165.2M
149.8M
136.3M
74M
88.8M
134.1M
99.9M
90.5M
71.8M
75.4M
62.1M
75.7M
72.7M
53.5M
44.7M
54.6M
51M
69.1M
65.1M
59.4M
50.8M
51.4M
0.0
0.0
0.0
0.0
34.8M
37.1M
31.6M
27.2M
26.2M
14M
0.0
23.3M
19.1M
98.3M
114.4M
275.8M
219M
209.6M
219.8M
57.5M
64.1M
187.7M
37.3M
104.4M
27.2M
84.5M
6.5M
14.4M
7.1M
16.4M
11.8M
29.7M
2.7M
54.6M
51M
69.1M
65.1M
59.4M
50.8M
51.4M
50M
46.5M
44M
38.7M
34.8M
30.2M
26.4M
22M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
7.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
2.7M
4.1M
0.0
137.7M
110M
268.3M
148.3M
80.6M
71.6M
138.8M
150.8M
137.8M
148.7M
177.5M
68.3M
71.3M
53.2M
41.9M
37.7M
44.6M
49.9M
32.9M
53.2M
404.2M
377.6M
716.2M
543.4M
459.6M
507.4M
405.1M
351.2M
399.5M
275.4M
416M
230.2M
283.4M
163.1M
158.9M
133.1M
150.7M
137.1M
143.5M
119.7M
NON-CURRENT LIABILITIES
1.7B
1.7B
1.6B
1.8B
1.6B
1.4B
1.4B
1.4B
1.4B
1.6B
1.3B
1.1B
933.6M
857.9M
771.6M
695.8M
588.3M
410.9M
359.8M
387.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
68M
31.8M
890.5M
901.3M
922M
924.7M
921.4M
892.3M
916.4M
920.1M
1.3B
1.2B
510.7M
479.1M
423.8M
373.6M
325.2M
253.1M
169.6M
144.2M
130.8M
138.4M
994.2M
991.4M
965.5M
984.8M
1B
1B
952M
990.9M
659.4M
660.8M
550.1M
341.6M
411.6M
402.1M
368.4M
372.1M
389.3M
200.1M
158.1M
80.5M
3.6B
3.6B
3.5B
3.7B
3.6B
3.3B
3.3B
3.4B
3.3B
3.4B
2.3B
1.9B
1.8B
1.6B
1.5B
1.3B
1.1B
755.2M
716.7M
638.5M
10.9M
7.7M
12.5M
16.4M
22.4M
28.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
4B
4B
4.3B
4.2B
4B
3.8B
3.7B
3.7B
3.7B
3.7B
2.7B
2.1B
2.1B
1.8B
1.6B
1.5B
1.3B
892.3M
860.2M
758.2M
SHAREHOLDERS' EQUITY
1.8B
1.8B
1.8B
1.5B
1.5B
1.4B
1.4B
1.4B
1.3B
1.3B
1.1B
885.2M
784.7M
0.0
0.0
0.0
0.0
0.0
438.7M
421.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
784.7M
705.6M
636.1M
613.4M
534.1M
461.2M
0.0
0.0
1B
1B
934.8M
900.2M
864.8M
818.8M
754.6M
689.4M
625.9M
573.3M
530.1M
489.1M
459.6M
431.6M
399.9M
385.4M
380.9M
350.4M
307.8M
272.1M
-18.1M
-20.5M
-24.4M
-23.8M
-31.1M
-23.6M
-27.3M
-22.6M
-28.2M
-24.5M
-21.1M
-17.1M
-22M
-28.9M
-23.2M
-24M
-87.9M
-69M
-80.7M
-90.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-7.2M
-14.3M
-806M
-29M
-36.8M
-45.3M
0.0
0.0
0.0
0.0
2.8B
2.8B
2.7B
2.4B
2.3B
2.2B
2.2B
2.1B
1.9B
1.8B
1.6B
1.3B
1.2B
1.1B
976M
929.5M
827.1M
742.6M
665.8M
602.8M
3.4B
3.4B
3.3B
2.9B
2.8B
2.3B
2.2B
2.1B
1.9B
1.8B
1.6B
1.3B
1.2B
1.1B
985M
939M
836.9M
751.9M
673.2M
608.8M
542.5M
597.5M
656.4M
533.2M
505.6M
103.7M
0.0
0.0
0.0
2.2M
1.8M
0.0
0.0
0.0
9M
9.5M
9.8M
9.3M
7.4M
6M
SUMMARY
7.4B
7.4B
7.6B
7.2B
6.8B
6.2B
5.9B
5.8B
5.6B
5.5B
4.4B
3.5B
3.3B
2.9B
2.6B
2.4B
2.1B
1.6B
1.5B
1.4B
377.4M
371.6M
372.8M
371.9M
372.2M
267.9M
259.9M
191.4M
211.3M
207.2M
240.8M
266.3M
250.8M
231.2M
140M
144M
142.6M
174.3M
235.6M
117.7M
1.8B
1.8B
1.9B
2B
1.8B
1.6B
1.5B
1.5B
1.6B
1.6B
1.4B
1.1B
1B
864.4M
786M
702.9M
604.7M
422.7M
389.5M
390.5M
1.8B
1.7B
1.9B
1.9B
1.8B
1.6B
1.4B
1.4B
1.5B
1.5B
1.2B
1B
937.3M
763.3M
741.1M
677.2M
502.7M
399.4M
344.7M
300.9M
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180
58,081,180

SEC Filings

ALE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2025

N/A

December 15, 2025
December 15, 2025
2025
8-K

8-K 2025

N/A

December 11, 2025
December 10, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 31, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 06, 2025
October 05, 2025
2025
8-K

8-K 2025

N/A

October 03, 2025
October 03, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

July 14, 2025
July 09, 2025
2025
8-K

8-K 2025

N/A

May 15, 2025
May 13, 2025
2025
10-Q

10-Q 2025 Q1

Q1

May 08, 2025
March 31, 2025
2025
8-K

8-K 2025

N/A

April 16, 2025
April 16, 2025
2025
Showing 1 to 10 of 476 filings