ALLETE INC Annual Operating Margin in % from 2012 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Allete Inc quarterly/annual Operating Margin history and growth rate from 2012 to 2023.
  • Allete Inc Operating Margin for the quarter ending September 30, 2024 was 10.5 %, a 16.9% increase year-over-year.
  • Allete Inc annual Operating Margin for 2023 was 9.62 %, a 12.6% increase from 2022.
  • Allete Inc annual Operating Margin for 2022 was 8.54 %, a 19.9% decline from 2021.
  • Allete Inc annual Operating Margin for 2021 was 10.7 %, a 9.81% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 9.62 +1.08 +12.6% Jan 1, 2023 Dec 31, 2023
2022 8.54 -2.12 -19.9% Jan 1, 2022 Dec 31, 2022
2021 10.7 -1.16 -9.81% Jan 1, 2021 Dec 31, 2021
2020 11.8 -2.67 -18.4% Jan 1, 2020 Dec 31, 2020
2019 14.5 +1.07 +7.97% Jan 1, 2019 Dec 31, 2019
2018 13.4 -2.49 -15.6% Jan 1, 2018 Dec 31, 2018
2017 15.9 -0.28 -1.73% Jan 1, 2017 Dec 31, 2017
2016 16.2 +2.02 +14.3% Jan 1, 2016 Dec 31, 2016
2015 14.2 -2.43 -14.6% Jan 1, 2015 Dec 31, 2015
2014 16.6 +1.48 +9.78% Jan 1, 2014 Dec 31, 2014
2013 15.1 -1.01 -6.26% Jan 1, 2013 Dec 31, 2013
2012 16.2 Jan 1, 2012 Dec 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.