ALLETE INC Annual Return On Assets in % from 2011 to 2023

Taxonomy & unit
ratio: %
Description
Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
Summary
Allete Inc quarterly/annual Return On Assets history and growth rate from 2011 to 2023.
  • Allete Inc Return On Assets for the quarter ending June 30, 2024 was 3.33 %, a 15.2% increase year-over-year.
  • Allete Inc annual Return On Assets for 2023 was 3.72 %, a 33.3% increase from 2022.
  • Allete Inc annual Return On Assets for 2022 was 2.79 %, a 4.49% increase from 2021.
  • Allete Inc annual Return On Assets for 2021 was 2.67 %, a 5.65% decline from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 3.72 +0.93 +33.3% Jan 1, 2023 Dec 31, 2023
2022 2.79 +0.12 +4.49% Jan 1, 2022 Dec 31, 2022
2021 2.67 -0.16 -5.65% Jan 1, 2021 Dec 31, 2021
2020 2.83 -0.68 -19.4% Jan 1, 2020 Dec 31, 2020
2019 3.51 +0.11 +3.24% Jan 1, 2019 Dec 31, 2019
2018 3.39 -0.06 -1.74% Jan 1, 2018 Dec 31, 2018
2017 3.46 +0.27 +8.47% Jan 1, 2017 Dec 31, 2017
2016 3.19 +0.23 +7.78% Jan 1, 2016 Dec 31, 2016
2015 2.96 -0.15 -4.83% Jan 1, 2015 Dec 31, 2015
2014 3.11 +0.01 +0.32% Jan 1, 2014 Dec 31, 2014
2013 3.09 -0.08 -2.53% Jan 1, 2013 Dec 31, 2013
2012 3.17 -0.28 -8.13% Jan 1, 2012 Dec 31, 2012
2011 3.45 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.