Allete Inc financial data

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

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 121 % -15.7%
Quick Ratio 44.9 % -19.6%
Debt-to-equity 124 % +7.39%
Return On Equity 4.91 % -7.36%
Return On Assets 2.39 % -11.5%
Operating Margin 9.24 % -12.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 58.1M shares +0.48%
Common Stock, Shares, Outstanding 58.1M shares +0.52%
Entity Public Float 3.59B USD +8.16%
Common Stock, Value, Issued 1.84B USD +1.09%
Weighted Average Number of Shares Outstanding, Basic 58.1M shares +0.52%
Weighted Average Number of Shares Outstanding, Diluted 58.2M shares +0.52%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.5B USD -4.3%
Costs and Expenses 1.36B USD -2.92%
Operating Income (Loss) 139M USD -16%
Nonoperating Income (Expense) -46.9M USD -62.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 91.8M USD -32.6%
Income Tax Expense (Benefit) 4.9M USD -69%
Net Income (Loss) Attributable to Parent 166M USD -8.05%
Earnings Per Share, Basic 2 USD/shares -8.01%
Earnings Per Share, Diluted 2 USD/shares -8.65%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 78.7M USD -22.8%
Accounts Receivable, after Allowance for Credit Loss, Current 141M USD +9.61%
Inventory, Net 185M USD +11%
Other Assets, Current 75.3M USD -3.59%
Assets, Current 485M USD +0.33%
Property, Plant and Equipment, Net 5.53B USD +8.14%
Operating Lease, Right-of-Use Asset 9.1M USD -15%
Goodwill 155M USD 0%
Other Assets, Noncurrent 266M USD +1.57%
Assets 7.15B USD +6.17%
Accounts Payable, Current 117M USD +5.33%
Contract with Customer, Liability, Current 9.3M USD +1.09%
Liabilities, Current 413M USD +23.6%
Deferred Income Tax Liabilities, Net 292M USD
Operating Lease, Liability, Noncurrent 6M USD -22.1%
Other Liabilities, Noncurrent 312M USD -0.73%
Liabilities 3.81B USD +13.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -18.1M USD +13.8%
Retained Earnings (Accumulated Deficit) 1.03B USD -0.2%
Stockholders' Equity Attributable to Parent 2.85B USD +0.73%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.34B USD -1.44%
Liabilities and Equity 7.15B USD +6.17%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 110M USD +83.4%
Net Cash Provided by (Used in) Financing Activities 89.2M USD
Net Cash Provided by (Used in) Investing Activities -160M USD -163%
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 58.1M shares +0.52%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 39.2M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 81.2M USD -26.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 24.8M USD -3.5%
Deferred Tax Assets, Valuation Allowance 44.9M USD -22.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 682M USD -10.8%
Operating Lease, Liability 9.2M USD -14%
Depreciation 69.7M USD +7.23%
Payments to Acquire Property, Plant, and Equipment 154M USD +155%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 169M USD -8.22%
Lessee, Operating Lease, Liability, to be Paid 14.7M USD -2.65%
Operating Lease, Liability, Current 3.2M USD +6.67%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.3M USD +3.13%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.4M USD +6.25%
Deferred Income Tax Expense (Benefit) -11.5M USD -226%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.5M USD +25%
Lessee, Operating Lease, Liability, to be Paid, Year Three 4.2M USD +31.3%
Deferred Tax Assets, Operating Loss Carryforwards 10.6M USD -18.5%
Deferred Federal Income Tax Expense (Benefit) -11.4M USD -46.2%
Current Income Tax Expense (Benefit) 16.4M USD +145%
Unrecognized Tax Benefits 1.1M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 300K USD -92.7%
Current State and Local Tax Expense (Benefit) 12.3M USD +669%
Current Federal Tax Expense (Benefit) 4.1M USD -19.6%
Depreciation, Depletion and Amortization 285M USD +7.42%
Deferred Tax Assets, Net of Valuation Allowance 637M USD -9.85%
Deferred State and Local Income Tax Expense (Benefit) 600K USD -96.6%
Interest Expense 81.9M USD +7.48%