ALLETE, Inc.
ALENYSEUtilities
$67.90
$-0.04(-0.06%)
Market Cap$3.9B
P/E Ratio—
52W High$67.99
52W Low$62.38
ALLETE, Inc. (ALE) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · ALE · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2024-12 | 2023-12 | 2022-12 | 2021-12 | 2020-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $1.53B | $1.88B | $1.57B | $1.42B | $1.17B |
| Cost of Revenue | $1.03B | $1.39B | $1.12B | $0.97B | $0.74B |
| Gross Profit | $0.50B | $0.49B | $0.45B | $0.45B | $0.42B |
| Gross Margin %(computed) | 32.49% | 26.06% | 28.45% | 31.95% | 36.34% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Total Operating Expenses | $0.34B | $0.31B | $0.31B | $0.30B | $0.27B |
| Operating Income | $0.16B | $0.18B | $0.13B | $0.15B | $0.15B |
| Operating Margin %(computed) | 10.47% | 9.62% | 8.54% | 10.66% | 12.91% |
| Interest Income | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.08B | $0.08B | $0.08B | $0.07B | $0.07B |
| Income Before Tax | $0.13B | $0.21B | $0.10B | $0.11B | $0.12B |
| Income Tax Expense | $0.00B | $0.03B | ($0.03B) | ($0.03B) | ($0.04B) |
| Net Income | $0.18B | $0.25B | $0.19B | $0.17B | $0.17B |
| Net Margin %(computed) | 11.72% | 13.15% | 12.05% | 11.92% | 14.90% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $3.11 | $4.31 | $3.39 | $3.23 | $3.36 |
| Wtd Avg Shares | 0.06B | 0.06B | 0.06B | 0.05B | 0.05B |
| EBITDA | $0.49B | $0.54B | $0.42B | $0.41B | $0.41B |
| EBITDA Margin %(computed) | 31.79% | 28.69% | 26.58% | 29.01% | 34.68% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About ALLETE, Inc. (ALE) Income Statement
ALLETE, Inc. (ALE) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2024, ALE reported revenue of $1.53B, gross profit of $0.50B (gross margin 32.49%), and net income of $0.18B — a net profit margin of 11.72%.
Frequently asked questions
ALE · 4 questionsALLETE, Inc. (ALE) reported revenue of $1.53B for 2024, down 18.6% year-over-year.
ALE revenueALE salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08