ALLETE INC Annual Return On Equity in % from 2011 to 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Allete Inc quarterly/annual Return On Equity history and growth rate from 2011 to 2024.
  • Allete Inc Return On Equity for the quarter ending December 31, 2024 was 5.28 %, a 27.8% decline year-over-year.
  • Allete Inc annual Return On Equity for 2024 was 5.28 %, a 27.8% decline from 2023.
  • Allete Inc annual Return On Equity for 2023 was 7.31 %, a 27.4% increase from 2022.
  • Allete Inc annual Return On Equity for 2022 was 5.73 %, a 2.71% decline from 2021.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 5.28 -2.03 -27.8% Jan 1, 2024 Dec 31, 2024
2023 7.31 +1.57 +27.4% Jan 1, 2023 Dec 31, 2023
2022 5.73 -0.16 -2.71% Jan 1, 2022 Dec 31, 2022
2021 5.9 -0.69 -10.5% Jan 1, 2021 Dec 31, 2021
2020 6.59 -1.71 -20.6% Jan 1, 2020 Dec 31, 2020
2019 8.3 +0.08 +0.97% Jan 1, 2019 Dec 31, 2019
2018 8.21 Jan 1, 2018 Dec 31, 2018
2016 8.32 +0.47 +5.99% Jan 1, 2016 Dec 31, 2016
2015 7.84 -0.52 -6.22% Jan 1, 2015 Dec 31, 2015
2014 8.37 Jan 1, 2014 Dec 31, 2014
2012 8.46 -0.52 -5.79% Jan 1, 2012 Dec 31, 2012
2011 8.97 Jan 1, 2011 Dec 31, 2011
* An asterisk sign (*) next to the value indicates that the value is likely invalid.