ALLETE INC financial data

Symbol
ALE on NYSE
Location
Duluth, MN
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 31 Oct 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 121% % -16%
Quick Ratio 45% % -20%
Debt-to-equity 124% % 7.4%
Return On Equity 4.9% % -7.4%
Return On Assets 2.4% % -11%
Operating Margin 9.2% % -12%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 58,098,399 shares 0.48%
Common Stock, Shares, Outstanding 58,100,000 shares 0.52%
Entity Public Float $3,591,830,978 USD 8.2%
Common Stock, Value, Issued $1,839,000,000 USD 1.1%
Weighted Average Number of Shares Outstanding, Basic 58,100,000 shares 0.52%
Weighted Average Number of Shares Outstanding, Diluted 58,200,000 shares 0.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $1,500,300,000 USD -4.3%
Costs and Expenses $1,361,600,000 USD -2.9%
Operating Income (Loss) $138,700,000 USD -16%
Nonoperating Income (Expense) $46,900,000 USD -62%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $91,800,000 USD -33%
Income Tax Expense (Benefit) $4,900,000 USD -69%
Net Income (Loss) Attributable to Parent $165,700,000 USD -8%
Earnings Per Share, Basic 2 USD/shares -8%
Earnings Per Share, Diluted 2 USD/shares -8.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $78,700,000 USD -23%
Accounts Receivable, after Allowance for Credit Loss, Current $141,400,000 USD 9.6%
Inventory, Net $184,900,000 USD 11%
Other Assets, Current $75,300,000 USD -3.6%
Assets, Current $485,000,000 USD 0.33%
Property, Plant and Equipment, Net $5,528,800,000 USD 8.1%
Operating Lease, Right-of-Use Asset $9,100,000 USD -15%
Goodwill $154,900,000 USD 0%
Other Assets, Noncurrent $265,800,000 USD 1.6%
Assets $7,152,900,000 USD 6.2%
Accounts Payable, Current $116,700,000 USD 5.3%
Contract with Customer, Liability, Current $9,300,000 USD 1.1%
Liabilities, Current $413,200,000 USD 24%
Deferred Income Tax Liabilities, Net $291,700,000 USD
Operating Lease, Liability, Noncurrent $6,000,000 USD -22%
Other Liabilities, Noncurrent $312,100,000 USD -0.73%
Liabilities $3,809,000,000 USD 14%
Accumulated Other Comprehensive Income (Loss), Net of Tax $18,100,000 USD 14%
Retained Earnings (Accumulated Deficit) $1,031,000,000 USD -0.2%
Stockholders' Equity Attributable to Parent $2,851,900,000 USD 0.73%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $3,343,200,000 USD -1.4%
Liabilities and Equity $7,152,900,000 USD 6.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $110,200,000 USD 83%
Net Cash Provided by (Used in) Financing Activities $89,200,000 USD
Net Cash Provided by (Used in) Investing Activities $160,200,000 USD -163%
Common Stock, Shares Authorized 80,000,000 shares 0%
Common Stock, Shares, Issued 58,100,000 shares 0.52%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $39,200,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $81,200,000 USD -27%
Interest Paid, Excluding Capitalized Interest, Operating Activities $24,800,000 USD -3.5%
Deferred Tax Assets, Valuation Allowance $44,900,000 USD -23%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $682,000,000 USD -11%
Operating Lease, Liability $9,200,000 USD -14%
Depreciation $69,700,000 USD 7.2%
Payments to Acquire Property, Plant, and Equipment $154,400,000 USD 155%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $168,600,000 USD -8.2%
Lessee, Operating Lease, Liability, to be Paid $14,700,000 USD -2.6%
Operating Lease, Liability, Current $3,200,000 USD 6.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two $3,300,000 USD 3.1%
Lessee, Operating Lease, Liability, to be Paid, Year One $3,400,000 USD 6.2%
Deferred Income Tax Expense (Benefit) $11,500,000 USD -226%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $5,500,000 USD 25%
Lessee, Operating Lease, Liability, to be Paid, Year Three $4,200,000 USD 31%
Deferred Tax Assets, Operating Loss Carryforwards $10,600,000 USD -18%
Deferred Federal Income Tax Expense (Benefit) $11,400,000 USD -46%
Current Income Tax Expense (Benefit) $16,400,000 USD 145%
Unrecognized Tax Benefits $1,100,000 USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $300,000 USD -93%
Current State and Local Tax Expense (Benefit) $12,300,000 USD 669%
Current Federal Tax Expense (Benefit) $4,100,000 USD -20%
Depreciation, Depletion and Amortization $285,100,000 USD 7.4%
Deferred Tax Assets, Net of Valuation Allowance $637,100,000 USD -9.8%
Deferred State and Local Income Tax Expense (Benefit) $600,000 USD -97%
Interest Expense $81,900,000 USD 7.5%