ALLETE, Inc.
ALE
Rank in Stocks
#4099
ALLETE, Inc., an energy enterprise established in 1906 and headquartered in... ALLETE, Inc., an energy enterprise established in 1906 and headquartered in Duluth, Minnesota (originally known as Minnesota Power, Inc. until its name change in May 2001), conducts its business through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. The company produces electricity utilizing diverse sources such as coal-fired, biomass co-fired/natural gas, hydroelectric, wind, and solar technologies. It delivers regulated utility services, providing electricity to approximately 145,000 retail customers and 15 non-affiliated municipal entities in northeastern Minnesota, alongside serving around 15,000 electric, 13,000 natural gas, and 10,000 water clients in northwestern Wisconsin. ALLETE also owns and maintains a network of electric transmission assets spanning Wisconsin, Michigan, Minnesota, and Illinois, supported by 158 substations with a total capacity of 10,066 megavolt amperes. A key area of its operations is the ALLETE Clean Energy segment, which concentrates on the development, acquisition, and management of clean and renewable energy initiatives, including approximately 1,000 megawatts of owned and operated wind generation capacity. Furthermore, the company has interests in coal mining activities in North Dakota and real estate investments in Florida. Its industrial customer base encompasses sectors such as taconite mining, paper and pulp production, secondary wood products, and pipelines.
Share Price
$67.90
Last synced: 2025-12-12
Market Cap
$3.94B
Change (1 day)
-0.06%
Change (1 year)
0.88%
Country
US
Trade ALLETE, Inc. (ALE)
Category
Utilities
Earnings for ALLETE, Inc. (ALE)
Earnings in Sep 2025 TTM: $91.80M
According to ALLETE, Inc. latest financial reports the company's current earnings are $91.80M. In 2023 the company made an earning of $206.80M, an increase over its 2022 earnings that were of $100.10M. The earnings displayed on this page are the earnings before interest and taxes or simply EBIT.
Earnings history for ALLETE, Inc. from 2000 to 2026
Earnings at the end of each year
| Year | Earnings | Change |
|---|---|---|
| 2026 (TTM) | $91.80M | -27.37% |
| 2024 | $126.40M | -38.88% |
| 2023 | $206.80M | 106.59% |
| 2022 | $100.10M | -9.74% |
| 2021 | $110.90M | -9.17% |
| 2020 | $122.10M | -31.75% |
| 2019 | $178.90M | 12.80% |
| 2018 | $158.60M | -15.14% |
| 2017 | $186.90M | 6.44% |
| 2016 | $175.60M | 5.28% |
| 2015 | $166.80M | 2.84% |
| 2014 | $162.20M | 21.59% |
| 2013 | $133.40M | -1.26% |
| 2012 | $135.10M | 4.57% |
| 2011 | $129.20M | 8.48% |
| 2010 | $119.10M | 30.16% |
| 2009 | $91.50M | -27.32% |
| 2008 | $125.90M | -6.95% |
| 2007 | $135.30M | 9.47% |
| 2006 | $123.60M | 622.81% |
| 2005 | $17.10M | -69.41% |
| 2004 | $55.90M | -76.21% |
| 2003 | $235.00M | 22.65% |
| 2002 | $191.60M | -5.05% |
| 2001 | $201.80M | -13.43% |
| 2000 | $233.10M | 0.00% |
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