ALLETE, Inc.
ALLETE, Inc. (ALE) Shares Outstanding — Overview
Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.
ALE · shares outstanding · updated Jun 8, 2026
Key metrics
as of Dec 31, 2024Shares Outstanding Growth Rate
CAGR · weighted avg basic sharesNegative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials
Shares outstanding history
Annual shares outstanding by year
Utilities sector shares outstanding comparison
Shares Outstanding for similar companies or competitors in the Utilities sector.
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Understanding Shares Outstanding
Basic · Diluted · FloatWhat Are Shares Outstanding? (Basic)
ALLETE, Inc. (ALE) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2024, ALLETE, Inc. reports 57.7M basic shares outstanding (weighted average).
Basic vs. Diluted Shares Outstanding
ALLETE, Inc.'s basic shares outstanding (57.7M) represents currently issued shares. Diluted shares outstanding (57.8M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.17%.
Shares Outstanding vs. Float (Free Float)
ALLETE, Inc.'s float is 57.9M (99.7% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.
ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.
FMP /income-statement · /shares-float · SEC EDGAR · USD
About shares outstanding & methodology
ALLETE, Inc. (ALE) shares outstanding history from 2005 to 2024. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.
ALLETE, Inc. shares outstanding for the fiscal year ending December 31, 2024 were 57.7M, a 0.70% increase year-over-year. ALLETE, Inc. FY 2024 shares outstanding were 57.7M, a +0.70% increase from FY 2023.
ALLETE, Inc. is a leading company operating in the Utilities sector. The company's share count trajectory — with a 10-year CAGR of +3.0% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.
Frequently asked questions
ALE shares outstanding · 4 questionsAs of December 31, 2024, ALLETE, Inc. (ALE) has approximately 57.7M basic shares outstanding and 57.8M diluted shares outstanding. This represents a +0.70% year-over-year increase from FY 2023 (57.3M). The increase may reflect equity compensation issuances or secondary offerings.
▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · ALLETE, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08